Iron Mountain Inc.
Iron Mountain Inc. (IRM) is a global information management company that combines physical records storage with a growing set of digital and data-centre services. Investors should know the business rests on long-term, contractual revenue from records storage, secure destruction, data backup and colocation services, supplemented by acquisitions and digital offerings. With a market capitalisation around $30.8bn, Iron Mountain benefits from predictable cash flows and a geographically diversified footprint, but it also faces risks such as digital substitution of paper records, interest-rate sensitivity typical of REIT-like businesses, and operational security or regulatory challenges. The company’s balance between physical infrastructure and expanding digital services can be an advantage, yet performance can vary with economic cycles and technology trends. This information is educational only and not personalised investment advice; values can fall as well as rise and past performance is not a reliable guide.
Why It's Moving
Iron Mountain Powers Up with Record Q3 Results and 10% Dividend Boost
Iron Mountain's shares climbed over 3% to $88.03 on December 11, fueled by the recent announcement of a 10% quarterly dividend hike to $0.864 per share, payable January 6, 2026. This move underscores robust Q3 performance with revenue up 12.6% to $1.8B and AFFO surging 18.5% to $1.32 per share, signaling sustained demand in data storage and management amid positive full-year guidance.
- Q3 revenue hit $1.8B, up 12.6% year-over-year, with Adjusted EBITDA rising 16.2% to $660M, reflecting strength across storage, services, and data center segments.
- Board approved a 10% dividend increase—fourth straight year—aligning with AFFO growth and affirming confidence in long-term profitability.
- Reiterated FY2025 guidance projects ~14% Q4 revenue and EBITDA growth, with full-year AFFO of $1,505–$1,530M, bolstering investor outlook ahead of ex-dividend date December 15.
Iron Mountain Powers Up with Record Q3 Results and 10% Dividend Boost
Iron Mountain's shares climbed over 3% to $88.03 on December 11, fueled by the recent announcement of a 10% quarterly dividend hike to $0.864 per share, payable January 6, 2026. This move underscores robust Q3 performance with revenue up 12.6% to $1.8B and AFFO surging 18.5% to $1.32 per share, signaling sustained demand in data storage and management amid positive full-year guidance.
- Q3 revenue hit $1.8B, up 12.6% year-over-year, with Adjusted EBITDA rising 16.2% to $660M, reflecting strength across storage, services, and data center segments.
- Board approved a 10% dividend increase—fourth straight year—aligning with AFFO growth and affirming confidence in long-term profitability.
- Reiterated FY2025 guidance projects ~14% Q4 revenue and EBITDA growth, with full-year AFFO of $1,505–$1,530M, bolstering investor outlook ahead of ex-dividend date December 15.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Iron Mountain's stock with a target price of $116.4, indicating potential growth.
Financial Health
Iron Mountain is generating strong revenue and cash flow, indicating solid financial performance overall.
Dividend
Iron Mountain Inc. offers a dividend yield of 3.56%, making it a fair choice for dividend-seeking investors. If you invested $1000 you would be paid $30.70 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring IRM
Data Center Stocks: Power Grid Strain & Energy Costs
Tech giants OpenAI and Nvidia are injecting billions into the UK's data center infrastructure, a move set to enhance the nation's AI and cloud capabilities. This investment creates a ripple effect, potentially benefiting companies that construct, equip, and power these advanced facilities.
Published: September 12, 2025
Explore BasketTech Under Siege: The Rise Of Corporate Security
Recent protests at Microsoft's headquarters highlight the growing security risks for tech companies with sensitive government contracts. This trend could drive increased spending on corporate security and risk management, benefiting firms that specialize in protecting corporate assets and personnel.
Published: August 27, 2025
Explore BasketPowering The AI Data Center Boom
Google's $9 billion investment in Oklahoma data centers signals a massive build-out of AI and cloud infrastructure. This creates a ripple effect, benefiting the companies that provide the critical hardware and services needed to construct and operate these advanced facilities.
Published: August 14, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Stable cash flows
Long-term contracts for storage and colocation provide predictable revenue, though performance can vary with the economy and technology shifts.
Global footprint
A wide geographic presence spreads operational risk and opens growth markets, balanced by exposure to region-specific regulations.
Digital transition
Expanding digital and data-centre services may create new growth avenues, while also requiring capital and carrying competitive risks.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
AGNC Investment Corp.
AGNC Investment is a real estate investment trust that invests in mortgage-backed securities.
Agree Realty Corp
Invests in, develop, and manage net-leased properties.
Acadia Realty Trust
Real estate investment trust (REIT) that invests in retail and mixed-use properties in the US.
