Iron Mountain Inc

IRM

Equity

ISIN null / Valor 26754105

New York Stock Exchange, Inc (2025-11-21)

USD 85.02+2.43%

Iron Mountain Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Iron Mountain Inc. (NYSE: IRM) is a prominent player in the information management services industry, with a history dating back to 1951 and a vast customer base of over 240,000 clients globally. The company offers a wide range of services including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction, and art storage and logistics. Iron Mountain's primary focus is on safeguarding and enhancing the value of its customers' data and assets, enabling them to extract insights and maximize efficiency while ensuring security and compliance.

Summarized from source with an LLMView SourceSector: Finance

Record Revenue Growth

In Q4 2024, Iron Mountain Inc. achieved total revenues of $1.6 billion, marking an 11.4% increase from Q4 2023. For the full year 2024, revenues reached $6.1 billion, up 12.2% year-over-year, driven by robust performances in global RIM, data center, and asset lifecycle management (ALM) segments.

Net Income Performance

The company's net income for Q4 2024 was $106 million, a significant rise from $29 million in the same quarter last year. For the full year, net income stood at $184 million, slightly down by 2% compared to 2023.

Adjusted EBITDA Milestones

Iron Mountain Inc. reported a record Adjusted EBITDA of $605 million for Q4 2024, up 15% from the previous year. For the full year, Adjusted EBITDA reached $2.2 billion, maintaining a 14% growth rate.

Dividend Increase

The company announced a 10% increase in its quarterly dividend per share, reflecting continued strong growth in Adjusted Funds From Operations (AFFO).

2025 Guidance

Iron Mountain Inc. provided strong guidance for 2025, projecting revenue growth between 8% to 11% and Adjusted EBITDA growth of 11% to 13%. Excluding foreign exchange effects, the expected revenue growth is 10% to 12%, and Adjusted EBITDA growth is 12% to 14%.

Summarized from source with an LLMView Source

Key figures

-28.4%1Y

61.7%3Y

231%5Y

Performance

34.1%1Y

27.6%3Y

29.8%5Y

Volatility