Headquartered in Portsmouth, NH Fiscal year ends December NYSE: IRM ironmountain.com
Iron Mountain Incorporated (NYSE: IRM) is a global information management services company trusted by more than 240,000 customers across 61 countries, including approximately 95% of the Fortune 1000. The company operates through three reportable segments: Global Records and Information Management (Global RIM), which encompasses physical records storage, data management, digital solutions, secure shredding, media and archive services, and consumer storage; Global Data Center, which provides enterprise-class and hyperscale-ready data center facilities across 31 data centers in 21 markets with a total developable capacity of approximately 1.4 gigawatts; and Corporate and Other, which includes asset lifecycle management (ALM) services for IT hardware decommissioning, data erasure, remarketing, and recycling, as well as fine arts storage and handling. Iron Mountain operates approximately 1,300 facilities, owns about 25% of its real estate square footage, and manages over 735 million cubic feet of physical records storage volume. The company is structured as a real estate investment trust (REIT) for U.S. federal income tax purposes. Its growth strategy centers on scaling its data center, digital solutions, and ALM businesses — which collectively represent approximately 35% of total revenue — while maintaining the highly recurring cash flows from its traditional records management operations, which feature an average storage duration of approximately 14.5 years per box. Updated
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Iron Mountain Incorporated (NYSE: IRM) is a global information management services company trusted by more than 240,000 customers across 61 countries, including approximately 95% of the Fortune 1000.
The Wall Street consensus 12-month price target for IRM is $144.91.
