Iron Mountain (IRM) Net Margin (2009 - 2026)
Iron Mountain (IRM) reported Net Margin of 5.00% for Q2 2026, up 7.62 percentage points from -2.62% a year earlier but down 2.42 percentage points from the prior quarter.
Iron Mountain (IRM) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Iron Mountain's Net Margin came in at 5.54%, up 4.89 percentage points year-over-year; for FY2025, it came in at 2.09%, down 0.83 percentage points from FY2024.
- Net Margin has declined for three consecutive years, with a five-year change of -6.17 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 2.93% in FY2024 (-0.43 pp), 3.36% in FY2023 (-7.55 pp), 10.91% in FY2022 (+0.89 pp) and 10.02% in FY2021 (+1.76 pp).
- Five-year quarterly Net Margin spans a low of -2.62% in Q2 2025 and a high of 15.52% in Q2 2022.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of +0.77 percentage points.
- The high point for year-over-year Net Margin in five years was Q3 2022 (a gain of 8.94 percentage points); the low point was Q4 2021 (a drop of 18.03 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.42% (Q1 2026), 4.84% (Q4 2025) and 4.81% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | 12.50% |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | 17.59% |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | 5.00% |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | 3.95% |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | 13.34% |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | 1.93% |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | 30.15% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 16.44% |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Tetra Tech | 8.63 Bn | 7.74 Bn | 243.21 Mn | 8.37% |
Historic 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 | 5.99% |
Iron Mountain Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=IRM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "IRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=IRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();