IRON MOUNTAIN INC (IRM) closed fiscal year 2025 with a gross margin of 55.4 % and a net margin of 2.1 %.
IRON MOUNTAIN INC (IRM) closed fiscal year 2025 with a gross margin of 55.4 % and a net margin of 2.1 %. The same year shows an EBITDA margin of 32.2 % and an EBIT margin of 16.9 %. The free cash flow margin was -13.5 %. Against the previous year the gross margin moved −0.8 pp and the net margin −0.8 pp. Across the period the gross margin ranges between 55.4 % in 2025 and 57.1 % in 2022. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 57.11 % | 56.98 % | 56.15 % | 55.38 % |
| EBITDA margin (%) | 25.80 % | 29.83 % | 29.63 % | 29.75 % | 29.25 % | 27.06 % | 29.20 % | 29.23 % | 27.17 % | 30.46 % | 34.63 % | 34.16 % | 38.68 % | 34.53 % | 35.18 % | 31.29 % | 31.48 % | 32.18 % |
| EBIT margin (%) | 16.12 % | 19.65 % | 18.93 % | 18.95 % | 18.49 % | 16.18 % | 17.62 % | 17.44 % | 14.28 % | 16.49 % | 19.13 % | 18.33 % | 22.54 % | 19.02 % | 20.57 % | 16.82 % | 16.42 % | 16.86 % |
| Net margin (%) | 2.69 % | 7.96 % | -1.86 % | 13.12 % | 5.69 % | 3.19 % | 10.46 % | 4.10 % | 2.99 % | 4.42 % | 8.38 % | 6.27 % | 8.26 % | 10.02 % | 10.91 % | 3.36 % | 2.93 % | 2.09 % |
| FCF margin (%) | 4.92 % | 11.86 % | 12.66 % | 13.48 % | 6.39 % | 7.28 % | 3.56 % | 8.36 % | 6.13 % | 9.83 % | 11.25 % | 6.42 % | 13.25 % | 3.29 % | 1.03 % | -4.12 % | -9.67 % | -13.50 % |
