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. Check how high is Iron Mountain Incorporated's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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. Explore investment intensity of Iron Mountain Incorporated to see how much of total assets are deployed in long-term investments.

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 IRM stock market capitalisation.

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