Company / Operating Income
Iron Mountain Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$1.2B
FY2025
5-year range
$854.2M / $1.2B
FY2021-FY2025
Trend
+15.3%
vs FY2024
Sector context
#8 of 71
Real Estate
What the data says
Iron Mountain's operating income of $1.2B is higher than 89% of companies in the Real Estate sector (FY2025). Operating Income has fluctuated over the past 10 years, ranging from $549M in FY2016 to $1.2B in FY2025.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +4.5%. Top quartile in the Real Estate sector.
Improved from $854M to $1.2B over the past 2 years.
Real Estate sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +7.6%
- 5-Year CAGR
- +4.5%
- 10-Year CAGR
- -
Sector benchmark
+136.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +4.5%, indicating consistent growth.
- In FY2025, operating income increased 15.3% year-over-year.
- Ranks #8 out of 71 companies in the Real Estate sector.
- Lowest operating income in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.46 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +15.3% |
| FY2024 | $1.0B | +18.2% |
| FY2023 | $854.2M | -8.6% |
| FY2022 | $934.8M | +9.4% |
| FY2021 | $854.2M | -8.6% |
| FY2020 | $934.8M | +47.4% |
| FY2019 | $634.1M | -21.6% |
| FY2018 | $808.3M | +27.5% |
| FY2017 | $634.1M | +15.4% |
| FY2016 | $549.3M | +12.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026