Iron Mountain (IRM) Net Margin (2009 - 2026)
Iron Mountain (IRM) reported Net Margin of 7.42% for Q1 2026, up 642.0% on a YoY basis from 1.0% in Q1 2025, and up 53.2% sequentially from 4.84% in Q4 2025.
Iron Mountain (IRM) Net Margin (2009 - 2026) Analysis & Trends
Iron Mountain (IRM) has 18 years of Net Margin data on file, last reported at 7.42% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 642.0% year-over-year to 7.42%; the trailing twelve-month figure through Mar 2026 stood at 3.76% (up 181.0% YoY), and the FY2025 full-year result was 2.09%, down 83.0% from the prior year.
- Net Margin improved to 7.42% in Q1 2026, 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 plunged 5305 bps in 2022 and soared 696 bps in 2025, its largest moves.
- Tracing IRM's Net Margin over 5 years: stood at 9.57% in 2022, then sank by 79 bps to 2.01% in 2023, then surged by 228 bps to 6.57% in 2024, then declined by 26 bps to 4.84% in 2025, then jumped by 53 bps to 7.42% in 2026.
- Business Quant data shows IRM's Net Margin at 7.42% in Q1 2026, 4.84% in Q4 2025, and 4.81% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | 16.98% |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 31.40% |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | 5.80% |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 7.42% |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 563.27% |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 26.29% |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 9.03% |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 19.17% |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 57.00% |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | - |
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 | 5.32% |
| Sep 30, 2021 | 16.45% |
| Jun 30, 2021 | 68.57% |