Iron Mountain Inc. (IRM)

From the record

Iron Mountain Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Iron Mountain Inc.'s 10 filed years say what it did: revenue went from $3.5 billion in fiscal 2016 to $6.9 billion in fiscal 2025, up 7.8% a year; it rose in 7 of 9 years; the deepest fall was 59% from fiscal 2017 to fiscal 2019; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Iron Mountain Inc.'s diluted share count grew about 0.6% a year, and dividends and buybacks returned about 67% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 74 sales (73 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-11-09, buying about $3 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Iron Mountain Inc.'s shareholders' equity was below zero, so the profit on it is not read. Leverage: it owed about 103 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

From the record

Iron Mountain Inc.'s standing among 157 graded names in its industry family: revenue of $6.9 billion in fiscal 2025 ranks in the top 4% by size; a net margin of 2.2% ranks in the bottom 31%; revenue growth of 10.6% a year over the last 3 filed years ranks in the top 26% (its annual reports).

From the record

Iron Mountain Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Meaney, William L (President and CEO, as filed), filing under that title since 2013-01-09, 13.8 years (top 20% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 7.5 years (bottom 47%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (top 37%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Iron Mountain Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $159 million against debt of $16 billion leaves -76% of its assets as net cash, bottom 4% of its family; cash from operations less capital spending is -13.5% of revenue (bottom 6%) (its annual report).

From the record

Iron Mountain Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 10.6% a year over the last three filed years against 7.8% over all 10, speeding up (top 24% of its family); the newest year grew 12.2% (top 17%); capital spending grew 37.4% a year (top 20%) (its annual reports). Iron Mountain Inc. reported 3 lines of business in fiscal 2025: Global Records and Information Management Business at $5.3 billion (77%), Corporate and Other at $807 million (12%), Global Data Center Business at $803 million (12%); 3 of 3 grew against the year before (its annual report).

From the record

Iron Mountain Inc.'s newest year against its own record: revenue of $6.9 billion in fiscal 2025 came in 2.2% above the $6.8 billion its prior three years' pace pointed to (top 28% of its family); net income of $152 million against a prior three-year average of $311 million (bottom 22%); a net margin of 2.2% against 5.8% before (bottom 33%) (its annual reports).