Iron Mountain

Iron Mountain is a provider of storage and information management services. The Company stores records, primarily physical records and data backup media, and provides information management services that help organizations around the world protect their information, lower storage rental costs, comply with regulations, enable corporate disaster recovery, and better use their information for business advantages, regardless of its format, location or life cycle stage. 

Type
Public
HQ
Boston, US
Founded
1951
Size (employees)
24,000 (est)
Iron Mountain was founded in 1951 and is headquartered in Boston, US

Key People/Management at Iron Mountain

William Meaney

William Meaney

President & CEO
Stuart Brown

Stuart Brown

Executive Vice President and CFO
Ted MacLean

Ted MacLean

Executive Vice President & CMO
Ernest Cloutie

Ernest Cloutie

Executive Vice President and General Manager, International
Patrick Keddy

Patrick Keddy

Executive Vice President and General Manager, North America and Western Europe
Deborah Marson

Deborah Marson

Executive Vice President, General Counsel and Secretary
Deirdre Evens

Deirdre Evens

Executive Vice President, Chief People Officer
Jack Faer

Jack Faer

Chief Security Officer
Fidelma Russo

Fidelma Russo

Executive Vice President and Chief Technology Officer
John Tomovcsik

John Tomovcsik

Executive Vice President & General Manager, Records & Information Management, North America

Iron Mountain Office Locations

Iron Mountain has an office in Boston
Boston, US (HQ)
1 Federal St

Iron Mountain Financials and Metrics

Iron Mountain Financials

Iron Mountain's revenue was reported to be $3.5 b in FY, 2016
USD

Revenue (Q3, 2017)

965.7 m

Gross profit (Q3, 2017)

547.3 m

Gross profit margin (Q3, 2017), %

57%

Net income (Q3, 2017)

24.3 m

EBIT (Q3, 2017)

176.8 m

Market capitalization (13-Dec-2017)

10.2 b

Cash (30-Sep-2017)

337.9 m

EV

16.7 b
Iron Mountain's current market capitalization is $10.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3 b3.1 b3 b3.5 b

Revenue growth, %

3%(4%)17%

Cost of goods sold

1.3 b1.3 b1.3 b1.6 b

Gross profit

1.7 b1.8 b1.7 b1.9 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

749.3 m759.7 m746.5 m750.7 m883.7 m942.8 m938.9 m949.8 m965.7 m

Cost of goods sold

321.7 m326.3 m317.7 m326.1 m395.6 m429.8 m426.7 m414.3 m418.3 m

Gross profit

427.6 m433.5 m428.9 m424.6 m488.1 m513 m512.2 m535.5 m547.3 m

Gross profit Margin, %

57%57%57%57%55%54%55%56%57%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

120.5 m125.9 m128.4 m236.5 m

Accounts Receivable

616.8 m604.3 m564.4 m691.2 m

Current Assets

933.6 m917.7 m857.9 m1.1 b

PP&E

2.6 b2.6 b2.5 b3.1 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

119.6 m117.1 m492.9 m117.9 m237 m458.1 m295.6 m291 m337.9 m

Accounts Receivable

590 m596.3 m573.9 m574.7 m710.5 m700.2 m721 m730.4 m784.9 m

Current Assets

887.5 m874.7 m1.2 b831.9 m1.3 b1.5 b1.2 b1.2 b1.3 b

PP&E

2.5 b2.5 b2.4 b2.5 b3.2 b3.2 b3.1 b5.8 b6.1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

100.8 m328.7 m125.2 m107.2 m

Depreciation and Amortization

329.3 m361.2 m354.7 m465.5 m

Accounts Receivable

(33 m)113 k18 m(23.2 m)

Accounts Payable

24.2 m16.9 m18 m(50.7 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

41.7 m95.7 m119.3 m63 m49.9 m57.7 m58.5 m139.6 m164 m

Depreciation and Amortization

74.8 m151 m226.5 m75.4 m168.9 m267.3 m99.6 m260.7 m393.2 m

Accounts Receivable

3.4 m4.9 m11.1 m(8.2 m)1.7 m(7 m)(9 m)(27.3 m)(59.9 m)

Accounts Payable

(18 m)(22.8 m)(24 m)(30.9 m)(39.4 m)(39.1 m)5.9 m(6 m)16 m
Y, 2017

EV/EBIT

94.7 x

EV/CFO

32.3 x

EV/FCF

60.9 x

Debt/Equity

3.7 x

Debt/Assets

0.7 x

Financial Leverage

5.5 x
Show all financial metrics

Iron Mountain Operating Metrics

Iron Mountain's Customers was reported to be 230 k in Q3, 2017
FY, 2014FY, 2015FY, 2016Sep, 2017Q3, 2017

Facilities

1.1 k1.1 k1.4 k1.41 k1.4 k

Countries

3637455253

Vehicle Fleet

3.6 k3.7 k4.5 k

Customers

155 k170 k230 k230 k
Show all operating metrics

Iron Mountain Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Recall Total Information Management India Pvt. Ltd.
Recall Taiwan Ltd.
Recall Enterprises (Thailand) Limited
Iron Mountain Ukraine LLC
IBEX Information Management Limited
Recall (London) Limited
Recall Europe Limited
Recall Limited
Iron Mountain (UK) Limited
Iron Mountain Europe (Group) Limited
Iron Mountain Group (Europe) Limited
Iron Mountain MDM Limited
File Express Limited
Iron Mountain Holdings (Europe) Limited
Iron Mountain UK Services (Holdings) Limited
Iron Mountain Argentina S.A.
Ausdoc Group Pty Limited
Data Security Services Pty Limited
Kestrel Information Management Pty. Ltd.
Recall Overseas Holdings Pty Limited
The Coding Company Pty. Ltd.
Recall International Pty Limited
Iron Mountain Australia Property Holdings Pty Ltd
The Imaging Centre Pty Ltd
Iron Mountain Acquisition Holdings Pty. Ltd.
KDM Spectrumdata Pty Ltd
Recall France SA, Belgium Branch
Interfile Participacoes S.A.
Iron Mountain Do Brasil Ltda
Mobilshred Inc.
Iron Mountain Information Management Services Canada Inc.
Iron Mountain Secure Shredding Canada
Administradora de Informacion Ltda
Custodia S.O.S. SA
Iron Mountain Chile Servicios S.A.
Pipax Security S.A.
Iron Mountain Records Management (Shanghai) Co., Ltd.
Iron Mountain Colombia, S.A.S.
Iron Mountain EES Holdings Ltd.
Iron Mountain Ceska Republika S.R.O.
Iron Mountain Incorporated
Iron Mountain Global LLC
Nettlebed Acquisition Corp.
KH Data Capital Development Land, LLC
Iron Mountain Mortgage Finance Holdings, LLC
Iron Mountain Australia Holdings, Inc.
Iron Mountain Information Management Services, Inc.
Iron Mountain Secure Shredding, Inc.
Iron Mountain Receivables TRS, LLC
Iron Mountain A/S
Recall Finland OY
Intradis SA
Ausdoc Holdings Pty Limited
Iron Mountain Australia Group Pty. Ltd.
Recall Finance Limited
Recall Technology Pty. Ltd.
Recall Holdings Limited
Fine Paper Recyclers Sydney Pty Ltd
Secure Paper Services Pty Ltd
Venues Australia Pty Ltd
Iron Mountain Australia Group Services Pty. Ltd.
Iron Mountain Austria Archivierung Gmbh
Iron Mountain Belgium NV
Iron Mountain BPM SPRL
Recall do Brasil Ltda
Kestrel Data (Canada) Ltd
Iron Mountain Canada Operations ULC
Silver Sky Limited
Custodia de Documentos Limitada
Iron Mountain Chile S.A.
Storbox SA
Recall (Shanghai) Ltd.
Iron Mountain Shanghai Co Ltd
Iron Mountain Services S.A.S.
Royal Seal S.R.O.
Iron Mountain Global Holdings, Inc.
Iron Mountain Information Management, LLC
Iron Mountain Receivables QRS, LLC
Iron Mountain US Holdings Inc.
Iron Mountain Mortgage Finance I, LLC
Iron Mountain Fulfillment Services, Inc.
Iron Mountain Intellectual Property Management, Inc.
Fontis International, Inc.
Recall A/S
AB Archyvu Sistemos, Estonia Branch
Iron Mountain Finland OY
Recall France SA
Iron Mountain Holdings (France) SNC
Iron Mountain Deutschland GmbH
Iron Mountain (Gibraltar) Holdings Limited
Recall Hong Kong Ltd.
Iron Mountain Southeast Asia Holdings Limited
Recall France SAS
Iron Mountain France S.A.S.
Iron Mountain Participations SA
Iron Mountain (Deutschland) Service GmbH
Iron Mountain Hellas SA
Iron Mountain Asia Pacific Holdings Ltd
Jin Shan Limited
Recall India Information Management Pvt. Ltd.
Iron Mountain India Private Ltd
Safehouse Information Management Solutions Private Limited
Iron Mountain Ireland Holdings Limited
Record Data Limited
Shuttle SRL
AS Archivu Serviss
AB Archyvu Centras
UAB Confidento
Iron Mountain Luxembourg S.a.r.l.
Iron Mountain BPM International S.a.r.l.
Iron Mountain South America S.a.r.l.
Prism Integrated Sdn Bhd
Recall Enterprises Sdn. Bhd.
Iron Mountain Mexico, S. de R.L. de C.V.
Iron Mountain Nederland B.V.
Iron Mountain Nederland Holdings B.V.
Iron Mountain International Holdings BV
Recall AS
Upper Providence Venture I, L.P.
IMSA Peru SRL
Iron Mountain Poland Holdings Ltd
Iron Mountain EES Sp. z.o.o.
Iron Mountain Records Management (Puerto Rico), Inc.
Iron Mountain SRL
Iron Mountain d.o.o. Beograd
Recall Asia Pte Limited
Iron Mountain Slovakia, s.r.o.
Docu-File Cape Town Proprietary Limited
Docufile Holdings (Proprietary) Limited
Docufile Services Proprietary Limited
Iron Mountain Espana SA
Iron Mountain Latin America Holdings, Sociedad Limitada
Recall Holdings Sweden AB
Recall (Schweiz) AG
Iron Mountain Management Services GmbH
Iron Mountain Luxembourg Services S.a.r.l., Schaffhausen Branch
Fontis International GmbH
Iron Mountain International Information Management Co., Ltd.
Iron Mountain Arsivleme Hizmetleri A.S.
Endless Document Storage Services LLC
IBEX IM Limited
Preferred Media Limited
Recall Europe Finance Ltd. (fka Recall Europe Finance Plc)
Recall GQ Limited
Recall Shredding Limited
Britannia Data Management Limited
Iron Mountain DIMS Limited
Iron Mountain Europe PLC (fka Iron Mountain Europe Limited)
Iron Mountain Mayflower Limited
Kestrel Data Services Limited
Iron Mountain (UK) Services Limited
Iron Mountain International (Holdings) Limited
Iron Mountain (UK) EES Holdings Limited
DocuTár Iratrendezõ és Tároló Szolgáltató Kft.
Iron Mountain Magyarország Kereskedelmi és Szolgáltató Kft.
AKTATRADE Iratendezo Selejtezo es Megsemmisito Bt.
Docugroup Papir Szolgatato Kft.
Iron Mountain Services Private Ltd
Navbharat Archive Xpress Private Limited
Horanross Limited
Iron Mountain Ireland Limited
Iron Mountain (Ireland) Services Limited
Recall Italia SRL
Docufile Lesotho Proprietary Limited
AB Archyvu Sistemos
Iron Mountain Global Luxembourg S.a.r.l.
Iron Mountain Luxembourg Services S.a.r.l.
Marshgate Morangis S.a.r.l.
Recall Corporation Sdn. Bhd.
Iron Mountain Mexico Holding, S. de RL de CV
Iron Mountain Mexico Servicios, S. de RL de CV
Iron Mountain (Nederland) Services BV
Iron Mountain New Zealand Limited (fka Recall New Zealand Ltd)
Iron Mountain Norge AS
Crozier Philadelphia, LLC
Iron Mountain Peru S.A.
Iron Mountain Polska Sp. z.o.o.
Iron Mountain Polska Services Sp z.o.o.
Recall Information Services SRL
Iron Mountain CIS LLC
Data Outsourcing Centre doo
Recall Total Information Mgt Pte Ltd
Docu-File Durban Proprietary Limited
Docu-File JHB Proprietary Limited
Docuscan Cape Town Proprietary Limited
Docuscan Proprietary Limited
Iron Mountain (España) Services, S.L
Document Holdings Sweden AB
Recall Sweden AB
Secur Archiv SA
Iron Mountain Switzerland GmbH
Sispace AG
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Santa Fe GroupAugust 02, 2016$30.2 m
Docufile (Pty) LtdApril 21, 2016
Crozier Fine ArtsOctober 14, 2015
Recall HoldingsApril 28, 2015$2.6 b
Box ButlerJanuary 01, 2015
Cornerstone Records ManagementOctober 18, 2013
Mimosa SystemsFebruary 22, 2010$112 m
DocuVaultMay 31, 2008
StartifyOctober 31, 2007$158 m
Accutrac Software IncJune 25, 2007
LivevaultDecember 01, 2005
Connected CorporationOctober 12, 2004$117 m

Iron Mountain Market Value History

Iron Mountain Revenue Breakdown

Iron Mountain's Web-traffic and Trends

Iron Mountain Online and Social Media Presence

Iron Mountain Company Life and Culture

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