Iron Mountain (IRM) Restructuring Costs (2019 - 2022)
Iron Mountain recorded quarterly Restructuring Costs of $3.4 million in Q3 2022, down 95.59% quarter-over-quarter from $76.7 million in Q4 2021, and down 93.29% year-over-year from $50.4 million in Q3 2021.
Iron Mountain's Restructuring Costs history runs 4 years deep, the most recent figure standing at $3.4 million for Q3 2022.
- In Q3 2022, Restructuring Costs fell 93.29% year-over-year to $3.4 million; the TTM figure through Sep 2022 stood at $80.1 million (down 58.99% YoY), while the FY2021 annual figure was $206.4 million, up 6.19% from the prior year.
- Restructuring Costs came in at $3.4 million for Q3 2022 at Iron Mountain, down from $76.7 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $76.7 million in Q4 2021 to a low of $3.4 million in Q3 2022.
- A 4-year average of $45.3 million and a median of $44.7 million in 2020 frame the typical range for Restructuring Costs.
- Across the five-year window, Restructuring Costs surged 35.15% in 2020 and plunged 93.29% in 2022, its largest moves.
- Iron Mountain's Restructuring Costs stood at $48.6 million in 2019, then soared by 35.15% to $65.7 million in 2020, then gained by 16.84% to $76.7 million in 2021, then plunged by 95.59% to $3.4 million in 2022.
- According to Business Quant data, Restructuring Costs over the past three periods registered $3.4 million, $76.7 million, and $50.4 million for Q3 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 3.38 Mn |
| Dec 31, 2021 | 76.74 Mn |
| Sep 30, 2021 | 50.43 Mn |
| Jun 30, 2021 | 39.44 Mn |
| Mar 31, 2021 | 39.81 Mn |
| Dec 31, 2020 | 65.68 Mn |
| Sep 30, 2020 | 48.37 Mn |
| Jun 30, 2020 | 39.30 Mn |
| Mar 31, 2020 | 41.05 Mn |
| Dec 31, 2019 | 48.60 Mn |