Total Debt for Iron Mountain (IRM)
According to Iron Mountain's latest reported financial statements, the company's latest reported total debt is $19.05B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$19.05B
YoY change
+16.4%
5Y CAGR
+11.6%
Peak year (2025)
$19.05B
Latest annual
$19.05B
Total Debt history chart for Iron Mountain (IRM) from 1996 to 2025
Total Debt history table for Iron Mountain (IRM) from 1996 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $19.05B | +16.4% | ||
| 2024 | $16.37B | +10.7% | ||
| 2023 | $14.79B | +11.3% | ||
| 2022 | $13.29B | +13.5% | ||
| 2021 | $11.70B | +6.4% | ||
| 2020 | $11.00B | +3.6% | ||
| 2019 | $10.62B | +30.4% | ||
| 2018 | $8.14B | +15.6% | ||
| 2017 | $7.04B | +12.7% | ||
| 2016 | $6.25B | +29.0% | ||
| 2015 | $4.85B | +5.0% | ||
| 2014 | $4.62B | +10.7% | ||
| 2013 | $4.17B | +9.1% | ||
| 2012 | $3.83B | +14.1% | ||
| 2011 | $3.35B | +11.4% | ||
| 2010 | $3.01B | -7.5% | ||
| 2009 | $3.25B | +0.3% | ||
| 2008 | $3.24B | -0.7% | ||
| 2007 | $3.27B | +22.4% | ||
| 2006 | $2.67B | +5.5% | ||
| 2005 | $2.53B | +2.1% | ||
| 2004 | $2.48B | +18.6% | ||
| 2003 | $2.09B | +20.7% | ||
| 2002 | $1.73B | +15.8% | ||
| 2001 | $1.50B | +10.4% | ||
| 2000 | $1.36B | +121.1% | ||
| 1999 | $613.00M | +34.4% | ||
| 1998 | $456.10M | +63.5% | ||
| 1997 | $278.90M | +28.7% | ||
| 1996 | $216.64M | — |
Total Debt values are taken from Iron Mountain's reported balance sheets (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
Iron Mountain (IRM) most recent annual total debt stands at $19.05B (2025) – grew 16.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Iron Mountain total debt compounded at +11.6% per year, with the latest reading among the more recent periods of the dataset.
2025 marks the peak total debt at $19.05B, with the historical low of $216.64M recorded in 1996.
Among 8 Real Estate peers, Iron Mountain (IRM) ranks 8th; the peer median for total debt is $26.68B.
Iron Mountain Total Debt by Year
Iron Mountain Total Debt 2025: $19.05B
Iron Mountain total debt in 2025 was $19.05B, grew 16.4% from 2024. This figure represents the highest annual value in the available history.
Iron Mountain Total Debt 2024: $16.37B
Iron Mountain total debt in 2024 was $16.37B, grew 10.7% from 2023.
Iron Mountain Total Debt 2023: $14.79B
Iron Mountain total debt in 2023 was $14.79B, grew 11.3% from 2022.
Iron Mountain Total Debt 2022: $13.29B
Iron Mountain total debt in 2022 was $13.29B, grew 13.5% from 2021.
Iron Mountain Total Debt 2021: $11.70B
Iron Mountain total debt in 2021 was $11.70B.
See more financial history for Iron Mountain (IRM).
Sector peers — Total Debt
Companies in the same sector as Iron Mountain, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $44.96B | Real Estate |
| Prologis, Inc. (PLD) | $35.04B | Real Estate |
| Realty Income Corporation (O) | $32.85B | Real Estate |
| Simon Property Group, Inc. (SPG) | $29.19B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $24.18B | Real Estate |
| Equinix, Inc. (EQIX) | $22.73B | Real Estate |
| Welltower Inc. (WELL) | $21.38B | Real Estate |
| Public Storage (PSA) | $10.25B | Real Estate |
Frequently asked questions
What is Iron Mountain's total debt?
- Latest reported total debt for Iron Mountain (IRM) is $19.05B (period ending December 31, 2025).
How has Iron Mountain total debt changed year-over-year?
- Iron Mountain (IRM) total debt changed +16.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Iron Mountain total debt?
- Iron Mountain (IRM) total debt compound annual growth rate is +11.6% over the most recent 5 years available.
When did Iron Mountain total debt hit its highest annual value?
- Iron Mountain total debt reached its highest annual value of $19.05B in 2025.
What was Iron Mountain total debt in 2024?
- Iron Mountain (IRM) total debt in 2024 was $16.37B.
What was Iron Mountain total debt in 2025?
- Iron Mountain (IRM) total debt in 2025 was $19.05B.
Metrics overview
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