Iron Mountain Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.90B | $6.15B | $5.48B | $5.10B | $4.49B | $4.15B | $4.26B | $4.22B |
| Storage Rental | — | $3.75B | $3.41B | $3.11B | $2.83B | $2.68B | $2.67B | $2.61B |
| Service | — | $2.40B | $2.07B | $1.99B | $1.66B | $1.47B | $1.59B | $1.61B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.39B | $1.34B | $1.24B | $1.14B | $1.02B | $949.2M | $991.7M | $1.01B |
| Operating Income | $1.16B | $1.01B | $921.8M | $1.05B | $854.2M | $934.8M | $781.3M | $808.3M |
| Operating Margin | 16.9% | 16.4% | 16.8% | 20.6% | 19.0% | 22.5% | 18.3% | 19.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $211.2M | $244.5M | $227.2M | $631.6M | $629.0M | $372.7M | — | — |
| Income Tax Expense | $58.9M | $60.9M | $39.9M | $69.5M | $176.3M | $29.6M | $59.9M | $42.8M |
| Net Income | $152.3M | $183.7M | $187.3M | $562.1M | $452.7M | $343.1M | $268.3M | $355.1M |
| Net Margin | 2.2% | 3.0% | 3.4% | 11.0% | 10.1% | 8.3% | 6.3% | 8.4% |
| EPS (Basic) | $0.49 | $0.61 | $0.63 | $1.92 | $1.56 | $1.19 | $0.93 | $1.24 |
| EPS (Diluted) | $0.49 | $0.61 | $0.63 | $1.90 | $1.55 | $1.19 | $0.93 | $1.23 |
| Shares Outstanding (Basic) | 295.4M | 293.4M | 291.9M | 290.8M | 289.5M | 288.2M | 287.0M | 285.9M |
| Shares Outstanding (Diluted) | 297.8M | 296.2M | 294.0M | 292.4M | 291.0M | 288.6M | 287.7M | 286.7M |
| Dividends Per Share | $3.22 | $2.73 | $2.54 | $2.47 | $2.47 | $2.47 | $2.45 | $2.38 |