Iron Mountain Incorporated
Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and as… Read more
Iron Mountain Incorporated (IRM) - Net Assets
Latest net assets as of September 2025: $-607.80 Million USD
Based on the latest financial reports, Iron Mountain Incorporated (IRM) has net assets worth $-607.80 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.63 Billion) and total liabilities ($21.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-607.80 Million |
| % of Total Assets | -2.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | -119.93% |
| 10-Year Change | -142.85% |
| Growth Volatility | 253.53 |
Iron Mountain Incorporated - Net Assets Trend (1996–2024)
This chart illustrates how Iron Mountain Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Iron Mountain Incorporated (1996–2024)
The table below shows the annual net assets of Iron Mountain Incorporated from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-226.50 Million | -158.12% |
| 2023-12-31 | $389.72 Million | -46.76% |
| 2022-12-31 | $731.95 Million | -21.25% |
| 2021-12-31 | $929.48 Million | -18.23% |
| 2020-12-31 | $1.14 Billion | -22.37% |
| 2019-12-31 | $1.46 Billion | -21.17% |
| 2018-12-31 | $1.86 Billion | -19.20% |
| 2017-12-31 | $2.30 Billion | +18.70% |
| 2016-12-31 | $1.94 Billion | +266.37% |
| 2015-12-31 | $528.61 Million | -42.36% |
| 2014-12-31 | $917.03 Million | -12.81% |
| 2013-12-31 | $1.05 Billion | -9.52% |
| 2012-12-31 | $1.16 Billion | -7.32% |
| 2011-12-31 | $1.25 Billion | -36.56% |
| 2010-12-31 | $1.98 Billion | -8.36% |
| 2009-12-31 | $2.16 Billion | +19.44% |
| 2008-12-31 | $1.81 Billion | +0.10% |
| 2007-12-31 | $1.80 Billion | +15.78% |
| 2006-12-31 | $1.56 Billion | +13.27% |
| 2005-12-31 | $1.38 Billion | +11.72% |
| 2004-12-31 | $1.23 Billion | +7.86% |
| 2003-12-31 | $1.14 Billion | +13.40% |
| 2002-12-31 | $1.01 Billion | +5.86% |
| 2001-12-31 | $951.25 Million | -1.68% |
| 2000-12-31 | $967.49 Million | +82.17% |
| 1999-12-31 | $531.10 Million | +1297.63% |
| 1998-12-31 | $38.00 Million | -35.92% |
| 1997-12-31 | $59.30 Million | +333.12% |
| 1996-12-31 | $-25.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iron Mountain Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 458343600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.94 Million | % |
| Other Comprehensive Income | $-569.95 Million | % |
| Other Components | $4.65 Billion | % |
| Total Equity | $-503.12 Million | 100.00% |
Iron Mountain Incorporated Competitors by Market Cap
The table below lists competitors of Iron Mountain Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Copart Inc
NASDAQ:CPRT
|
$29.92 Billion |
|
Paychex Inc
NASDAQ:PAYX
|
$29.95 Billion |
|
M&T Bank Corporation
NYSE:MTB
|
$29.97 Billion |
|
Walmart Inc
SA:WALM34
|
$29.99 Billion |
|
Sika AG
PINK:SKFOF
|
$29.81 Billion |
|
EQT AB (publ)
PINK:EQBBF
|
$29.77 Billion |
|
Nokia Oyj
HE:NOKIA
|
$29.76 Billion |
|
Brookfield Asset Management Inc
PINK:BKAMF
|
$29.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iron Mountain Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 211,648,000 to -503,122,000, a change of -714,770,000 (-337.7%).
- Net income of 180,156,000 contributed positively to equity growth.
- Dividend payments of 789,527,000 reduced retained earnings.
- Share repurchases of 12,197,000 reduced equity.
- Other comprehensive income decreased equity by 198,796,000.
- Other factors increased equity by 105,594,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $180.16 Million | +35.81% |
| Dividends Paid | $789.53 Million | -156.93% |
| Share Repurchases | $12.20 Million | -2.42% |
| Other Comprehensive Income | $-198.80 Million | -39.51% |
| Other Changes | $105.59 Million | +20.99% |
| Total Change | $- | -337.72% |
Book Value vs Market Value Analysis
This analysis compares Iron Mountain Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $-0.44 | $107.52 | x |
| 1997-12-31 | $1.02 | $107.52 | x |
| 1998-12-31 | $3.32 | $107.52 | x |
| 1999-12-31 | $4.34 | $107.52 | x |
| 2000-12-31 | $5.16 | $107.52 | x |
| 2001-12-31 | $4.71 | $107.52 | x |
| 2002-12-31 | $4.88 | $107.52 | x |
| 2003-12-31 | $5.46 | $107.52 | x |
| 2004-12-31 | $6.19 | $107.52 | x |
| 2005-12-31 | $6.92 | $107.52 | x |
| 2006-12-31 | $7.75 | $107.52 | x |
| 2007-12-31 | $8.89 | $107.52 | x |
| 2008-12-31 | $8.87 | $107.52 | x |
| 2009-12-31 | $10.54 | $107.52 | x |
| 2010-12-31 | $9.68 | $107.52 | x |
| 2011-12-31 | $6.36 | $107.52 | x |
| 2012-12-31 | $6.58 | $107.52 | x |
| 2013-12-31 | $5.41 | $107.52 | x |
| 2014-12-31 | $4.35 | $107.52 | x |
| 2015-12-31 | $2.40 | $107.52 | x |
| 2016-12-31 | $7.83 | $107.52 | x |
| 2017-12-31 | $8.61 | $107.52 | x |
| 2018-12-31 | $6.49 | $107.52 | x |
| 2019-12-31 | $5.09 | $107.52 | x |
| 2020-12-31 | $3.94 | $107.52 | x |
| 2021-12-31 | $2.94 | $107.52 | x |
| 2022-12-31 | $2.18 | $107.52 | x |
| 2023-12-31 | $0.72 | $107.52 | x |
| 2024-12-31 | $-1.70 | $107.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iron Mountain Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.93%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (15.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 0.00% | 0.39% | 0.55x | 0.00x | $3.05 Million |
| 1997 | -25.63% | -8.28% | 0.46x | 6.66x | $-21.13 Million |
| 1998 | -3.25% | -4.07% | 0.41x | 1.97x | $-44.89 Million |
| 1999 | -2.93% | -2.75% | 0.39x | 2.69x | $-63.18 Million |
| 2000 | -3.01% | -2.82% | 0.37x | 2.88x | $-120.27 Million |
| 2001 | -4.97% | -3.76% | 0.41x | 3.23x | $-132.65 Million |
| 2002 | 6.17% | 4.42% | 0.41x | 3.42x | $-36.19 Million |
| 2003 | 7.94% | 5.64% | 0.39x | 3.65x | $-21.97 Million |
| 2004 | 7.73% | 5.18% | 0.41x | 3.65x | $-27.67 Million |
| 2005 | 8.51% | 5.61% | 0.44x | 3.48x | $-20.41 Million |
| 2006 | 8.30% | 5.48% | 0.45x | 3.35x | $-26.46 Million |
| 2007 | 8.53% | 5.61% | 0.43x | 3.51x | $-26.45 Million |
| 2008 | 4.55% | 2.69% | 0.48x | 3.53x | $-98.24 Million |
| 2009 | 10.26% | 7.33% | 0.44x | 3.18x | $5.54 Million |
| 2010 | -2.76% | -1.85% | 0.46x | 3.28x | $-249.48 Million |
| 2011 | 31.75% | 13.12% | 0.50x | 4.85x | $270.97 Million |
| 2012 | 14.93% | 5.71% | 0.47x | 5.53x | $56.71 Million |
| 2013 | 9.34% | 3.21% | 0.45x | 6.39x | $-6.86 Million |
| 2014 | 38.08% | 10.46% | 0.47x | 7.67x | $240.48 Million |
| 2015 | 24.22% | 4.10% | 0.47x | 12.48x | $72.36 Million |
| 2016 | 5.41% | 2.99% | 0.37x | 4.90x | $-88.83 Million |
| 2017 | 8.00% | 4.78% | 0.35x | 4.78x | $-45.92 Million |
| 2018 | 19.52% | 8.60% | 0.36x | 6.37x | $177.25 Million |
| 2019 | 18.26% | 6.27% | 0.31x | 9.44x | $120.98 Million |
| 2020 | 30.15% | 8.26% | 0.29x | 12.45x | $229.02 Million |
| 2021 | 52.60% | 10.02% | 0.31x | 16.88x | $364.62 Million |
| 2022 | 87.48% | 10.91% | 0.32x | 25.35x | $493.31 Million |
| 2023 | 87.05% | 3.36% | 0.31x | 82.56x | $163.07 Million |
| 2024 | 0.00% | 2.93% | 0.33x | 0.00x | $230.47 Million |
Industry Comparison
This section compares Iron Mountain Incorporated's net assets metrics with peer companies in the REIT - Specialty industry.
Industry Context
- Industry: REIT - Specialty
- Average net assets among peers: $2,464,316,437
- Average return on equity (ROE) among peers: 25.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iron Mountain Incorporated (IRM) | $-607.80 Million | 0.00% | N/A | $29.90 Billion |
| American Tower Corp (AMT) | $3.68 Billion | 17.30% | 2.82x | $86.22 Billion |
| Automotive Properties Real Estate Investment Trust (APPTF) | $663.40 Million | 10.85% | 0.79x | $198.09 Million |
| Crown Castle (CCI) | $11.57 Billion | 5.38% | 1.83x | $36.18 Billion |
| DIGITAL CORE REIT (DGTCF) | $1.28 Billion | 16.05% | 0.57x | $460.68 Million |
| Digital Realty Trust Inc (DLR) | $1.56 Billion | 4.33% | 1.10x | $55.29 Billion |
| EPR Properties (EPR) | $1.47 Billion | 0.55% | 0.83x | $4.20 Billion |
| Equinix Inc (EQIX) | $2.75 Billion | 6.84% | 2.77x | $92.84 Billion |
| Charter Hall Social Infrastructure REIT (FKKEF) | $1.43 Billion | 4.96% | 0.49x | $693.51 Million |
| Farmland Partners Inc (FPI) | $333.37K | 175.89% | 109.73x | $467.19 Million |
| Gaming & Leisure Properties (GLPI) | $236.33 Million | 9.70% | 0.13x | $12.86 Billion |