Iron Mountain Incorporated Capital Reinvestment Ratio
Iron Mountain Incorporated capital reinvestment ratio. Iron Mountain Incorporated (IRM) has a Capital Reinvestment Ratio of 1.92x as of September 2025, meaning it reinvests 2% of its operating cash flow ($267.58 Million) in capital expenditures ($513.96 Million). See Iron Mountain Incorporated free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Iron Mountain Incorporated (1996–2024)
Capital reinvestment ratio of Iron Mountain Incorporated from 1996 to 2024. This chart tracks Iron Mountain Incorporated's Capital Reinvestment Ratio across 29 annual periods. See IRM financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Iron Mountain Incorporated Capital Reinvestment Ratio by Year (1996–2024)
Iron Mountain Incorporated capital reinvestment ratio by year from 1996 to 2024. For the full cash flow conversion analysis, see IRM cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.55x | $1.20 Billion | $1.85 Billion | ▲ +28.3% |
| 2023 | 1.21x | $1.11 Billion | $1.35 Billion | ▲ +26.8% |
| 2022 | 0.95x | $927.70 Million | $883.58 Million | ▲ +15.8% |
| 2021 | 0.82x | $758.90 Million | $624.38 Million | ▲ +79.3% |
| 2020 | 0.46x | $987.66 Million | $453.25 Million | ▼ -40.7% |
| 2019 | 0.77x | $966.65 Million | $748.46 Million | ▲ +36.0% |
| 2018 | 0.57x | $935.55 Million | $532.54 Million | ▼ -1.9% |
| 2017 | 0.58x | $720.97 Million | $418.32 Million | ▼ -16.8% |
| 2016 | 0.70x | $543.89 Million | $379.37 Million | ▲ +9.4% |
| 2015 | 0.64x | $541.76 Million | $345.36 Million | ▼ -23.9% |
| 2014 | 0.84x | $472.95 Million | $396.37 Million | ▲ +34.0% |
| 2013 | 0.63x | $507.55 Million | $317.49 Million | ▲ +0.4% |
| 2012 | 0.62x | $432.74 Million | $269.56 Million | ▲ +66.1% |
| 2011 | 0.38x | $615.44 Million | $230.86 Million | ▼ -13.8% |
| 2010 | 0.44x | $625.14 Million | $272.05 Million | ▼ -17.0% |
| 2009 | 0.52x | $616.91 Million | $323.52 Million | ▼ -29.8% |
| 2008 | 0.75x | $537.03 Million | $401.25 Million | ▼ -6.3% |
| 2007 | 0.80x | $484.64 Million | $386.44 Million | ▼ -24.7% |
| 2006 | 1.06x | $374.28 Million | $396.22 Million | ▲ +7.0% |
| 2005 | 0.99x | $288.69 Million | $285.56 Million | ▲ +30.2% |
| 2004 | 0.76x | $305.36 Million | $231.97 Million | ▼ -40.2% |
| 2003 | 1.27x | $160.91 Million | $204.48 Million | ▲ +64.5% |
| 2002 | 0.77x | $254.95 Million | $197.00 Million | ▼ -36.9% |
| 2001 | 1.22x | $160.91 Million | $197.04 Million | ▲ +14.4% |
| 2000 | 1.07x | $157.60 Million | $168.71 Million | ▼ -80.9% |
| 1999 | 5.61x | $55.40 Million | $310.90 Million | ▼ -7.0% |
| 1998 | 6.03x | $40.70 Million | $245.60 Million | ▼ -45.0% |
| 1997 | 10.98x | $21.00 Million | $230.50 Million | ▲ +896.8% |
| 1996 | 1.10x | $26.44 Million | $29.11 Million | — |