Iron Mountain Incorporated (IRM) - Total Assets
Based on the latest financial reports, Iron Mountain Incorporated (IRM) holds total assets worth $20.63 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Iron Mountain Incorporated (IRM) net assets for net asset value and shareholders' equity analysis.
Iron Mountain Incorporated - Total Assets Trend (1996–2024)
This chart illustrates how Iron Mountain Incorporated's total assets have evolved over time, based on quarterly financial data.
Iron Mountain Incorporated - Asset Composition Analysis
Current Asset Composition (December 2024)
Iron Mountain Incorporated's total assets of $20.63 Billion consist of 9.0% current assets and 91.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $155.72 Million | 0.8% |
| Accounts Receivable | $1.29 Billion | 6.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $10.12 Billion | 54.1% |
| Intangible Assets | $1.27 Billion | 6.8% |
| Goodwill | $5.08 Billion | 27.2% |
Asset Composition Trend (1996–2024)
This chart illustrates how Iron Mountain Incorporated's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Iron Mountain Incorporated (IRM) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Iron Mountain Incorporated's current assets represent 9.0% of total assets in 2024, an increase from 8.7% in 1996.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, up from 0.5% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 33.0% of total assets, a decrease from 48.0% in 1996.
- Asset Diversification: The largest asset category is property, plant & equipment at 54.1% of total assets.
Iron Mountain Incorporated Competitors by Total Assets
Key competitors of Iron Mountain Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Arena REIT
AU:ARF
|
Australia | AU$1.86 Billion |
|
Waypoint REIT
AU:WPR
|
Australia | AU$2.88 Billion |
|
Charter Hall Social Infrastructure REIT
AU:CQE
|
Australia | AU$2.26 Billion |
|
Rural Funds Group
AU:RFF
|
Australia | AU$1.97 Billion |
|
Shurgard Self Storage SA
BR:SHUR
|
Belgium | €7.08 Billion |
|
Immo Moury SICAF Immobiliere Publique de Droit Belge
BR:IMMOU
|
Belgium | €48.12 Million |
|
Automotive Properties Real Estate Investment Trust
TO:APR-UN
|
Canada | CA$1.40 Billion |
|
Equinix Inc
NASDAQ:EQIX
|
USA | $40.14 Billion |
Iron Mountain Incorporated - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.66 | 0.75 | 0.64 |
| Quick Ratio | 0.66 | 0.75 | 0.64 |
| Cash Ratio | 0.00 | 0.07 | 0.00 |
| Working Capital | $-974.71 Million | $-587.22 Million | $-725.91 Million |
Iron Mountain Incorporated - Advanced Valuation Insights
This section examines the relationship between Iron Mountain Incorporated's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1516.51 |
| Latest Market Cap to Assets Ratio | 1.60 |
| Asset Growth Rate (YoY) | 7.1% |
| Total Assets | $18.72 Billion |
| Market Capitalization | $29.90 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Iron Mountain Incorporated's assets above their book value (1.60x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Iron Mountain Incorporated's assets grew by 7.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Iron Mountain Incorporated (1996–2024)
The table below shows the annual total assets of Iron Mountain Incorporated from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $18.72 Billion | +7.12% |
| 2023-12-31 | $17.47 Billion | +8.26% |
| 2022-12-31 | $16.14 Billion | +11.70% |
| 2021-12-31 | $14.45 Billion | +2.13% |
| 2020-12-31 | $14.15 Billion | +2.41% |
| 2019-12-31 | $13.82 Billion | +16.58% |
| 2018-12-31 | $11.85 Billion | +8.02% |
| 2017-12-31 | $10.97 Billion | +15.66% |
| 2016-12-31 | $9.49 Billion | +49.38% |
| 2015-12-31 | $6.35 Billion | -3.34% |
| 2014-12-31 | $6.57 Billion | -1.24% |
| 2013-12-31 | $6.65 Billion | +4.63% |
| 2012-12-31 | $6.36 Billion | +5.25% |
| 2011-12-31 | $6.04 Billion | -5.75% |
| 2010-12-31 | $6.41 Billion | -6.38% |
| 2009-12-31 | $6.85 Billion | +7.71% |
| 2008-12-31 | $6.36 Billion | +0.78% |
| 2007-12-31 | $6.31 Billion | +21.08% |
| 2006-12-31 | $5.21 Billion | +9.30% |
| 2005-12-31 | $4.77 Billion | +7.29% |
| 2004-12-31 | $4.44 Billion | +14.14% |
| 2003-12-31 | $3.89 Billion | +20.47% |
| 2002-12-31 | $3.23 Billion | +12.96% |
| 2001-12-31 | $2.86 Billion | +7.55% |
| 2000-12-31 | $2.66 Billion | +101.87% |
| 1999-12-31 | $1.32 Billion | +97.63% |
| 1998-12-31 | $666.50 Million | +68.86% |
| 1997-12-31 | $394.70 Million | +68.09% |
| 1996-12-31 | $234.82 Million | -- |
About 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