SuperworthIron Mountain profit margin IRM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 5.5%
- Net margin on a year earlier
- +4.9 pts
- Peer median
- 25.8%
Over the twelve months to Jun 30, 2026, Iron Mountain kept 5.5% of its revenue as net profit and a gross margin of 54.2%.
Five years earlier its net margin was 14.1%.
The median for 10 specialty REITs of a similar size is 25.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Gross margin |
|---|---|---|
| FY2025 | 2.1% | 55.4% |
| FY2024 | 2.9% | 56.2% |
| FY2023 | 3.4% | 57.0% |
| FY2022 | 10.9% | 57.1% |
| FY2021 | 10.0% | 58.0% |
| FY2020 | 8.3% | 57.6% |
| FY2019 | 6.3% | 57.0% |
| FY2018 | 8.5% | 57.5% |
| FY2017 | 4.8% | 56.2% |
| FY2016 | 3.0% | 55.4% |
| FY2015 | 4.1% | 57.1% |
| FY2014 | 10.5% | 56.9% |
| FY2013 | 3.2% | 57.4% |
| FY2012 | 5.7% | n/a |
| FY2011 | 13.1% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 5.5% | +4.9 pts | |
| Q1 FY26 | 3.8% | +1.8 pts | |
| Q4 FY25 | 2.1% | −0.8 pts | |
| Q3 FY25 | 2.4% | +0.6 pts | |
| Q2 FY25 | 0.6% | −3.3 pts | |
| Q1 FY25 | 1.9% | −1.5 pts | |
| Q4 FY24 | 2.9% | −0.4 pts | |
| Q3 FY24 | 1.7% | −3.5 pts | |
| Q2 FY24 | 3.9% | −3.3 pts | |
| Q1 FY24 | 3.4% | −7.8 pts | |
| Q4 FY23 | 3.4% | −7.6 pts | |
| Q3 FY23 | 5.2% | −4.7 pts |
Against its peers
Companies in REIT - Specialty nearest Iron Mountain's size, closest first, today.
| Company | Profit margin |
|---|---|
| IRMIron Mountain | 5.5% |
| CCICrown Castle | 20.7% |
| VMRKVivmark Residential | 28.0% |
| SBACSBA Communications | 34.5% |
| HSTHost Hotels & Resorts | 16.5% |
| DLRDigital Realty Trust | 11.8% |
| KIMKimco Realty | 27.8% |
| LAMRLamar Advertising | 23.9% |
| WPCW. P. Carey | 36.3% |
| WYWeyerhaeuser | 6.9% |
| OHIOmega Healthcare Investors | 67.0% |
| Peer median | 25.8% |
Where Iron Mountain ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Iron Mountain
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.