KPIs & Operating Metrics(New)
Growth Metrics

Iron Mountain (IRM) Net Margin (2016 - 2025)

Iron Mountain's Net Margin history spans 17 years, with the latest figure at 4.84% for Q4 2025.

  • For Q4 2025, Net Margin fell 173.0% year-over-year to 4.84%; the TTM value through Dec 2025 reached 2.09%, down 83.0%, while the annual FY2025 figure was 2.09%, 83.0% down from the prior year.
  • Net Margin for Q4 2025 was 4.84% at Iron Mountain, up from 4.81% in the prior quarter.
  • Across five years, Net Margin topped out at 24.58% in Q2 2021 and bottomed at 6.67% in Q3 2021.
  • The 5-year median for Net Margin is 3.83% (2022), against an average of 4.73%.
  • The largest annual shift saw Net Margin surged 2271bps in 2021 before it crashed -1551bps in 2023.
  • A 5-year view of Net Margin shows it stood at 1.87% in 2021, then soared by 85bps to 3.46% in 2022, then crashed by -42bps to 2.01% in 2023, then skyrocketed by 228bps to 6.57% in 2024, then dropped by -26bps to 4.84% in 2025.
  • Per Business Quant, the three most recent readings for IRM's Net Margin are 4.84% (Q4 2025), 4.81% (Q3 2025), and 2.62% (Q2 2025).