Iron Mountain (IRM) Net Margin (2009 - 2026)
Iron Mountain (IRM) posted Net Margin of 7.42% for Q1 2026, up 53.2% sequentially from 4.84% in Q4 2025, and up 642.0% YoY from 1.0% in Q1 2025.
Iron Mountain (IRM) Net Margin (2009 - 2026) Analysis & Trends
Iron Mountain has reported Net Margin for 18 years, with the latest figure at 7.42% in Q1 2026.
- Quarterly Net Margin rose 642.0% year-over-year to 7.42% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.76% (up 181.0% YoY) and the FY2025 annual result came in at 2.09%, down 83.0% from the prior year.
- Net Margin improved to 7.42% in Q1 2026 per IRM's latest filing, from 4.84% in the prior quarter.
- Over five years, Net Margin peaked at 15.52% in Q2 2022 and troughed at 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.
- The sharpest annual moves came in 2022 and 2025: Net Margin slumped 5305 bps in 2022, then surged 696 bps in 2025.
- Over 5 years, Net Margin stood at 9.57% in 2022, then plunged by 79 bps to 2.01% in 2023, then surged by 228 bps to 6.57% in 2024, then decreased by 26 bps to 4.84% in 2025, then jumped 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 | 106.74 Bn | 104.52 Bn | 1.40 Bn | 18.17% |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 31.56% |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | 16.08% |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 5.00% |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 1.88% |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 27.47% |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 8.68% |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 26.05% |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 54.57% |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 4.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.00% |
| 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% |