Iron Mountain Incorporated IRM NYSE

NYSE • Real Estate • REIT - Specialty • US • USD

SharesGrow Score

44/100

2/7 Pass

SharesGrow Intrinsic Value

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

Iron Mountain Incorporated (IRM) generated $500M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $516.25M, free cash flow was $-16.25M.

Free cash flow margin was -0.9% of revenue. Cash conversion ratio was 5.37x, indicating earnings are backed by cash.

The company returned $232.18M in dividends to shareholders during the quarter.

Criteria supported by this page:

HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (44/100, Fail) — limited free cash flow weakens the competitive position
INCOME (30/100) — Cash conversion ratio was 5.37x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 44/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

44/100

SG Score

View full scorecard →

✗

VALUE

27/100

Price-to-Earnings & upside

→ Valuation

✓

FUTURE

61/100

Analyst consensus

→ Forecast

✓

PAST

100/100

→ Income

✗

HEALTH

0/100

Debt-to-Equity & liquidity

Proven by this page

✗

MOAT

44/100

Proven by this page

GROWTH

48/100

→ Income

✗

INCOME

30/100

→ Income

Iron Mountain Incorporated Cash Flow History

Metric	TTM	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Operating Cash Flow	$1.34B	$500M	$267.58M	$375.13M	$197.3M
Capital Expenditure	$-2.26B	$-516.25M	$-513.96M	$-557.74M	$-674.77M
Free Cash Flow	$-922.7M	$-16.25M	$-246.38M	$-182.61M	$-477.47M