EBITDA for Iron Mountain (IRM)
According to Iron Mountain's latest reported financial statements, the company's current EBITDA (TTM) is $2.20B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.20B
YoY change
+9.3%
5Y CAGR
+7.2%
Peak year (2025)
$2.08B
Cumulative EBITDA
$26.29B
EBITDA history chart for Iron Mountain (IRM) from 1996 to 2025
EBITDA history table for Iron Mountain (IRM) from 1996 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $2.08B | +9.3% | ||
| 2024 | $1.91B | +17.8% | ||
| 2023 | $1.62B | -13.6% | ||
| 2022 | $1.87B | +7.0% | ||
| 2021 | $1.75B | +19.2% | ||
| 2020 | $1.47B | +2.8% | ||
| 2019 | $1.43B | -3.6% | ||
| 2018 | $1.48B | +36.6% | ||
| 2017 | $1.08B | +18.3% | ||
| 2016 | $917.19M | +18.3% | ||
| 2015 | $775.38M | -7.7% | ||
| 2014 | $839.68M | +13.4% | ||
| 2013 | $740.29M | -13.7% | ||
| 2012 | $858.17M | -2.5% | ||
| 2011 | $879.97M | +4.2% | ||
| 2010 | $844.77M | -4.2% | ||
| 2009 | $882.26M | +16.4% | ||
| 2008 | $757.73M | +6.8% | ||
| 2007 | $709.37M | +14.2% | ||
| 2006 | $621.02M | +7.3% | ||
| 2005 | $578.66M | +13.1% | ||
| 2004 | $511.77M | +16.5% | ||
| 2003 | $439.46M | +19.4% | ||
| 2002 | $368.14M | +19.8% | ||
| 2001 | $307.18M | +25.6% | ||
| 2000 | $244.53M | +85.7% | ||
| 1999 | $131.70M | +34.7% | ||
| 1998 | $97.80M | +90.6% | ||
| 1997 | $51.30M | +57.3% | ||
| 1996 | $32.62M | — |
EBITDA values are taken from Iron Mountain's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Iron Mountain (IRM) EBITDA is $2.08B – grew 9.3% year-over-year.
Across 2020–2025 (5 years), Iron Mountain EBITDA produced a CAGR of +7.2% – sustaining 2 straight years of year-over-year growth.
$2.08B stands as the all-time-high annual EBITDA, posted in 2025, against a low of $32.62M during 1996.
Among 8 Real Estate peers, Iron Mountain (IRM) ranks 9th; the peer median for EBITDA is $3.83B.
Iron Mountain EBITDA by Year
Iron Mountain EBITDA 2025: $2.08B
Iron Mountain EBITDA in 2025 was $2.08B, grew 9.3% from 2024. This figure represents the highest annual value in the available history.
Iron Mountain EBITDA 2024: $1.91B
Iron Mountain EBITDA in 2024 was $1.91B, grew 17.8% from 2023.
Iron Mountain EBITDA 2023: $1.62B
Iron Mountain EBITDA in 2023 was $1.62B, declined 13.6% below 2022.
Iron Mountain EBITDA 2022: $1.87B
Iron Mountain EBITDA in 2022 was $1.87B, grew 7.0% from 2021.
Iron Mountain EBITDA 2021: $1.75B
Iron Mountain EBITDA in 2021 was $1.75B.
See more financial history for Iron Mountain (IRM).
Sector peers — EBITDA
Companies in the same sector as Iron Mountain, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $7.86B | Real Estate |
| Prologis, Inc. (PLD) | $7.20B | Real Estate |
| American Tower Corporation (AMT) | $6.12B | Real Estate |
| Equinix, Inc. (EQIX) | $4.07B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.59B | Real Estate |
| Realty Income Corporation (O) | $3.55B | Real Estate |
| Public Storage (PSA) | $3.25B | Real Estate |
| Welltower Inc. (WELL) | $2.31B | Real Estate |
Frequently asked questions
What is Iron Mountain's EBITDA?
- Latest reported EBITDA for Iron Mountain (IRM) is $2.20B (period ending December 31, 2025).
How has Iron Mountain EBITDA changed year-over-year?
- Iron Mountain (IRM) EBITDA changed +9.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Iron Mountain EBITDA?
- Iron Mountain (IRM) EBITDA compound annual growth rate is +7.2% over the most recent 5 years available.
When did Iron Mountain EBITDA hit its highest annual value?
- Iron Mountain EBITDA reached its highest annual value of $2.08B in 2025.
What was Iron Mountain EBITDA in 2024?
- Iron Mountain (IRM) EBITDA in 2024 was $1.91B.
What was Iron Mountain EBITDA in 2025?
- Iron Mountain (IRM) EBITDA in 2025 was $2.08B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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