Iron Mountain Incorporated (IRM) — Cash Flow Reinvestment Rate

Latest as of September 2025: 4.23x

Iron Mountain Incorporated (IRM) has a Cash Flow Reinvestment Rate of 4.23x as of September 2025, reinvesting $1.13 Billion (capex $513.96 Million plus investments $-617.45 Million) from operating cash flow of $267.58 Million. Explore Iron Mountain Incorporated capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

4.23x
(Capex + Investments) / Operating CF

Total Reinvested

$1.13 Billion
Capex + Investments

Operating Cash Flow

$267.58 Million
USD

Capital Expenditures

$513.96 Million
USD

Iron Mountain Incorporated Cash Flow Reinvestment Rate (1996–2024)

Historical reinvestment intensity for Iron Mountain Incorporated across 29 annual periods. Also explore balance sheet size of Iron Mountain Incorporated for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Iron Mountain Incorporated (1996–2024)

Year-by-year capital reinvestment analysis for Iron Mountain Incorporated. For live market cap and broader valuation context, see Iron Mountain Incorporated stock valuation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 3.33x $3.99 Billion $1.20 Billion $1.85 Billion ▲ +35.7%
2023 2.46x $2.74 Billion $1.11 Billion $1.35 Billion ▲ +138.3%
2022 1.03x $956.82 Million $927.70 Million $883.58 Million ▲ +11.3%
2021 0.93x $703.00 Million $758.90 Million $624.38 Million ▲ +94.0%
2020 0.48x $471.50 Million $987.66 Million $453.25 Million ▼ -39.9%
2019 0.79x $767.68 Million $966.65 Million $748.46 Million ▼ -73.0%
2018 2.94x $2.75 Billion $935.55 Million $532.54 Million ▲ +108.6%
2017 1.41x $1.02 Billion $720.97 Million $418.32 Million ▲ +92.6%
2016 0.73x $398.57 Million $543.89 Million $379.37 Million ▲ +7.9%
2015 0.68x $367.86 Million $541.76 Million $345.36 Million ▼ -19.0%
2014 0.84x $396.37 Million $472.95 Million $396.37 Million ▲ +34.0%
2013 0.63x $317.49 Million $507.55 Million $317.49 Million ▼ -0.4%
2012 0.63x $271.88 Million $432.74 Million $269.56 Million ▲ +67.3%
2011 0.38x $231.19 Million $615.44 Million $230.86 Million ▼ -13.7%
2010 0.44x $272.05 Million $625.14 Million $272.05 Million ▼ -17.0%
2009 0.52x $323.52 Million $616.91 Million $323.52 Million ▼ -29.8%
2008 0.75x $401.25 Million $537.03 Million $401.25 Million ▼ -6.3%
2007 0.80x $386.44 Million $484.64 Million $386.44 Million ▼ -24.7%
2006 1.06x $396.22 Million $374.28 Million $396.22 Million ▲ +7.0%
2005 0.99x $285.56 Million $288.69 Million $285.56 Million ▲ +30.2%
2004 0.76x $231.97 Million $305.36 Million $231.97 Million ▼ -40.2%
2003 1.27x $204.48 Million $160.91 Million $204.48 Million ▲ +64.5%
2002 0.77x $197.00 Million $254.95 Million $197.00 Million ▼ -36.9%
2001 1.22x $197.04 Million $160.91 Million $197.04 Million ▲ +14.4%
2000 1.07x $168.71 Million $157.60 Million $168.71 Million ▼ -80.9%
1999 5.61x $310.90 Million $55.40 Million $310.90 Million ▼ -7.0%
1998 6.03x $245.60 Million $40.70 Million $245.60 Million ▼ -45.0%
1997 10.98x $230.50 Million $21.00 Million $230.50 Million ▲ +896.8%
1996 1.10x $29.11 Million $26.44 Million $29.11 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow