Iron Mountain Incorporated (IRM) — Free Cash Flow Generation Index

Latest as of September 2025: -0.92x

Iron Mountain Incorporated (IRM) has a Free Cash Flow Generation Index of -0.92x as of September 2025. Free cash flow of $-246.38 Million represents -1% of operating cash flow ($267.58 Million). Read IRM total debt and obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

-0.92x
Free Cash Flow / Operating CF

Free Cash Flow

$-246.38 Million
USD

Operating Cash Flow

$267.58 Million
USD

Capital Expenditures

$513.96 Million
USD

Iron Mountain Incorporated Free Cash Flow Generation Index (1996–2024)

Historical FCF Generation Index trend for Iron Mountain Incorporated across 29 annual periods. Explore IRM capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Iron Mountain Incorporated (1996–2024)

Year-by-year Free Cash Flow Generation Index for Iron Mountain Incorporated. For the full company profile including market capitalisation, see how much is Iron Mountain Incorporated worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 -0.55x $-657.24 Million $1.20 Billion $1.85 Billion ▼ -164.1%
2023 -0.21x $-231.53 Million $1.11 Billion $1.35 Billion ▼ -537.3%
2022 0.05x $44.11 Million $927.70 Million $883.58 Million ▼ -73.2%
2021 0.18x $134.53 Million $758.90 Million $624.38 Million ▼ -67.2%
2020 0.54x $534.40 Million $987.66 Million $453.25 Million ▲ +139.7%
2019 0.23x $218.20 Million $966.65 Million $748.46 Million ▼ -47.6%
2018 0.43x $403.01 Million $935.55 Million $532.54 Million ▲ +2.6%
2017 0.42x $302.65 Million $720.97 Million $418.32 Million ▲ +38.8%
2016 0.30x $164.53 Million $543.89 Million $379.37 Million ▼ -16.6%
2015 0.36x $196.40 Million $541.76 Million $345.36 Million ▲ +123.9%
2014 0.16x $76.58 Million $472.95 Million $396.37 Million ▼ -56.8%
2013 0.37x $190.06 Million $507.55 Million $317.49 Million ▼ -0.7%
2012 0.38x $163.18 Million $432.74 Million $269.56 Million ▼ -39.7%
2011 0.62x $384.58 Million $615.44 Million $230.86 Million ▲ +10.6%
2010 0.56x $353.09 Million $625.14 Million $272.05 Million ▲ +18.8%
2009 0.48x $293.39 Million $616.91 Million $323.52 Million ▲ +88.1%
2008 0.25x $135.78 Million $537.03 Million $401.25 Million ▲ +24.8%
2007 0.20x $98.20 Million $484.64 Million $386.44 Million ▲ +445.7%
2006 -0.06x $-21.94 Million $374.28 Million $396.22 Million ▼ -118.5%
2005 0.32x $91.62 Million $288.69 Million $285.56 Million ▲ +32.0%
2004 0.24x $73.40 Million $305.36 Million $231.97 Million ▼ -54.1%
2003 0.52x $84.22 Million $160.91 Million $204.48 Million ▲ +130.3%
2002 0.23x $57.95 Million $254.95 Million $197.00 Million ▲ +201.2%
2001 -0.22x $-36.13 Million $160.91 Million $197.04 Million ▼ -218.8%
2000 -0.07x $-11.10 Million $157.60 Million $168.71 Million ▲ +98.5%
1999 -4.61x $-255.50 Million $55.40 Million $310.90 Million ▼ -5.2%
1998 -4.39x $-178.50 Million $40.70 Million $245.60 Million ▲ +55.7%
1997 -9.91x $-208.10 Million $21.00 Million $230.50 Million ▼ -9701.3%
1996 -0.10x $-2.67 Million $26.44 Million $29.11 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).