Company / Working Capital
Iron Mountain Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$684.5M
FY2025
5-year range
-$1.4B / -$370.4M
FY2021-FY2025
Trend
+51.0%
vs FY2024
Sector context
#17 of 20
Real Estate
What the data says
Iron Mountain's working capital of -$685M is lower than 85% of companies in the Real Estate sector (FY2025). Working Capital returned to growth in FY2025 after 2 years of decline, reaching -$685M.
Based on SEC 10-K filings.
-$685M in FY2025.
Declined from -$501M to -$685M over the past 2 years.
Real Estate sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 15% in Real EstateTop 85% of 20This company -$684.5M Sector average -$128.2M
▼
-433.8% below sector average
Key checks
Key Insights
- In FY2025, working capital increased 51.0% year-over-year.
- Ranks #17 out of 20 companies in the Real Estate sector.
- Peak working capital was recorded in FY2017.
- Lowest working capital in the period was in FY2024.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$684.5M | +51.0% |
| FY2024 | -$1.4B | -178.9% |
| FY2023 | -$500.6M | -35.2% |
| FY2022 | -$370.4M | +35.8% |
| FY2021 | -$577.3M | +20.5% |
| FY2020 | -$725.9M | -1.8% |
| FY2019 | -$713.2M | -152.3% |
| FY2018 | -$282.7M | -145.6% |
| FY2017 | $620.1M | +846.1% |
| FY2016 | $65.5M | +307.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026