Iron Mountain (IRM) Return on Capital Employed (2009 - 2026)
Iron Mountain's (IRM) quarterly Return on Capital Employed came in at 7.0% in Q1 2026, up 71.0% year-on-year from 4.09% in Q1 2025, and up 9.77% quarter-over-quarter from 6.37% in Q4 2025.
Iron Mountain (IRM) Return on Capital Employed (2009 - 2026) Analysis & Trends
Iron Mountain has disclosed Return on Capital Employed across 18 years of filings, most recently posting 7.0% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 7.0%, up 71.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.0% (up 71.0% YoY), and the FY2025 annual result was 6.73%, changed 0.0% from the prior year.
- Return on Capital Employed came in at 7.0% for Q1 2026 at Iron Mountain, up from 6.37% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 7.5% in Q4 2022 to a low of 5.93% in Q1 2024.
- The 5-year median for Return on Capital Employed is 6.37% (2025), against an average of 6.55%.
- Across the five-year window, Return on Capital Employed slumped 277 bps in 2022 and surged 71 bps in 2026, its largest moves.
- Iron Mountain's Return on Capital Employed stood at 7.5% in 2022, then fell by 18 bps to 6.17% in 2023, then advanced by 6 bps to 6.51% in 2024, then declined by 2 bps to 6.37% in 2025, then climbed by 10 bps to 7.0% in 2026.
- The last three Return on Capital Employed figures came in at 7.0% (Q1 2026), 6.37% (Q4 2025), and 6.3% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 5.47% |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 9.03% |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | - |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 7.55% |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 7.00% |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 16.27% |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 5.17% |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 12.72% |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | - |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 7.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.00% |
| Dec 31, 2025 | 6.37% |
| Sep 30, 2025 | 6.30% |
| Jun 30, 2025 | 6.25% |
| Mar 31, 2025 | 6.29% |
| Dec 31, 2024 | 6.51% |
| Sep 30, 2024 | 6.02% |
| Jun 30, 2024 | 6.00% |
| Mar 31, 2024 | 5.93% |
| Dec 31, 2023 | 6.17% |
| Sep 30, 2023 | 6.35% |
| Jun 30, 2023 | 6.80% |
| Mar 31, 2023 | 7.47% |
| Dec 31, 2022 | 7.50% |
| Sep 30, 2022 | 7.16% |
| Jun 30, 2022 | 6.46% |
| Mar 31, 2022 | 6.79% |
| Dec 31, 2021 | 6.93% |
| Sep 30, 2021 | 8.70% |
| Jun 30, 2021 | 9.22% |