Iron Mountain (IRM) Net Margin (2009 - 2026)
Iron Mountain recorded quarterly Net Margin of 7.42% in Q1 2026, up 53.2% quarter-over-quarter from 4.84% in Q4 2025, and up 642.0% year-over-year from 1.0% in Q1 2025.
Iron Mountain's Net Margin history runs 18 years deep, the most recent figure standing at 7.42% for Q1 2026.
- In Q1 2026, Net Margin rose 642.0% year-over-year to 7.42%; the TTM figure through Mar 2026 stood at 3.76% (up 181.0% YoY), while the FY2025 annual figure was 2.09%, down 83.0% from the prior year.
- Net Margin came in at 7.42% for Q1 2026 at Iron Mountain, up from 4.84% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 15.52% in Q2 2022 to a low of 2.62% in Q2 2025.
- A 5-year average of 4.95% and a median of 4.84% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 894 bps in 2022 and plunged 1551 bps in 2023, its largest moves.
- Iron Mountain's Net Margin stood at 9.57% in 2022, then tumbled by 79 bps to 2.01% in 2023, then jumped by 228 bps to 6.57% in 2024, then retreated by 26 bps to 4.84% in 2025, then soared by 53 bps to 7.42% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.42%, 4.84%, and 4.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 16.98% |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 31.40% |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 7.66% |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 27.33% |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 7.42% |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 26.29% |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 9.03% |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 25.54% |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 57.00% |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 4.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.42% |
| Dec 31, 2025 | 4.84% |
| Sep 30, 2025 | 4.81% |
| Jun 30, 2025 | -2.62% |
| Mar 31, 2025 | 1.00% |
| Dec 31, 2024 | 6.57% |
| Sep 30, 2024 | -2.16% |
| Jun 30, 2024 | 2.33% |
| Mar 31, 2024 | 5.01% |
| Dec 31, 2023 | 2.01% |
| Sep 30, 2023 | 6.56% |
| Jun 30, 2023 | 0.01% |
| Mar 31, 2023 | 4.91% |
| Dec 31, 2022 | 9.57% |
| Sep 30, 2022 | 14.93% |
| Jun 30, 2022 | 15.52% |
| Mar 31, 2022 | 3.39% |
| Dec 31, 2021 | 1.87% |
| Sep 30, 2021 | 5.99% |
| Jun 30, 2021 | 24.58% |
| Mar 31, 2021 | 12.19% |
| Dec 31, 2020 | 7.94% |
| Sep 30, 2020 | 3.70% |
| Jun 30, 2020 | -0.72% |
| Mar 31, 2020 | 16.61% |
| Dec 31, 2019 | 3.49% |
| Sep 30, 2019 | 10.14% |
| Jun 30, 2019 | 8.66% |
| Mar 31, 2019 | 2.81% |
| Dec 31, 2018 | 14.87% |
| Sep 30, 2018 | 6.21% |
| Jun 30, 2018 | 8.65% |
| Mar 31, 2018 | 3.69% |
| Dec 31, 2017 | 2.29% |
| Sep 30, 2017 | 2.52% |
| Jun 30, 2017 | 8.28% |
| Mar 31, 2017 | 6.19% |
| Dec 31, 2016 | 5.24% |
| Sep 30, 2016 | 0.75% |
| Jun 30, 2016 | -1.58% |
| Mar 31, 2016 | 8.36% |
| Dec 31, 2015 | 0.76% |
| Sep 30, 2015 | 3.10% |
| Jun 30, 2015 | 7.02% |
| Mar 31, 2015 | 5.48% |
| Dec 31, 2014 | 1.64% |
| Sep 30, 2014 | 0.01% |
| Jun 30, 2014 | 34.52% |
| Mar 31, 2014 | 5.41% |
| Dec 31, 2013 | 6.13% |
| Sep 30, 2013 | 0.51% |
| Jun 30, 2013 | 3.49% |
| Mar 31, 2013 | 2.57% |
| Dec 31, 2012 | 3.36% |
| Sep 30, 2012 | 7.06% |
| Jun 30, 2012 | 5.06% |
| Mar 31, 2012 | 7.41% |
| Dec 31, 2011 | 4.32% |
| Sep 30, 2011 | 4.86% |
| Jun 30, 2011 | 33.31% |
| Mar 31, 2011 | 9.85% |
| Dec 31, 2010 | 4.39% |
| Sep 30, 2010 | -21.32% |
| Jun 30, 2010 | 5.62% |
| Mar 31, 2010 | 3.44% |
| Dec 31, 2009 | 32.53% |
| Sep 30, 2009 | 5.64% |
| Jun 30, 2009 | 11.73% |
| Mar 31, 2009 | 3.72% |