Iron Mountain Incorporated (IRM) — Free Cash Flow Generation Index
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). See IRM working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
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 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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 IRM market cap.
| 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 | — |