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Iron Mountain

OverviewSuggest Edit

Iron Mountain is a company providing storage and information management services. It offers records management, data management, document management, data centers, art storage, logistics, and secure shredding enabling organizations to lower storage costs, comply with regulations, or recover from a disaster. The company specializes in critical business documents, electronic information, medical data, and cultural and historical artifacts. Iron Mountain serves the federal government, banking, energy, entertainment, healthcare, insurance, retail, life sciences, and other industries.

TypePublic
Founded1951
HQBoston, MA, USMap
Websiteironmountain.com
Employee Ratings3.5More
Overall CultureC-More
View Jobs (1,220)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)24,000(-4%)
Job Openings1,220
Revenue (FY, 2020)$4.1 B(-2%)
Share Price (Sept 2021)$45.4(-3%)
Cybersecurity ratingAMore

Key People/Management at Iron Mountain

William Meaney

William Meaney

President & CEO
Ted MacLean

Ted MacLean

Executive Vice President and General Manager, Adjacent Businesses
Ernest W. Cloutier

Ernest W. Cloutier

Executive Vice President and General Manager, Records & Information Management
Barry A. Hytinen

Barry A. Hytinen

Executive Vice President and Chief Financial Officer
Kimberly Anstett

Kimberly Anstett

Executive Vice President and Chief Technology Officer
Deirdre Evens

Deirdre Evens

Executive Vice President & General Manager, Records and Information Management, North America
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Iron Mountain Office Locations

Iron Mountain has offices in Boston, Buenos Aires, Alexandria, Groß-Enzersdorf and in 69 other locations
Boston, MA, US (HQ)
One Federal Street, 1 Federal St
Buenos Aires, AR
2482 Av. Amancio Alcorta
Alexandria, AU
Level 2/170-180 Bourke Rd
Groß-Enzersdorf, AT
Hauptpl. 8
Machelen, BE
Woluwelaan 147
Brasília, BR
ST SAAN - QD 02 - Lote 1305
Show all (76)

Iron Mountain Financials and Metrics

Iron Mountain Revenue

Iron Mountain's revenue was reported to be $4.15 b in FY, 2020
USD

Revenue (Q1, 2021)

1.1b

Net income (Q1, 2021)

46.6m

EBIT (Q1, 2021)

170.4m

Market capitalization (14-Sept-2021)

13.1b

Closing stock price (14-Sept-2021)

45.4

Cash (31-Mar-2021)

138.9m

EV

21.9b
Iron Mountain's current market capitalization is $13.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.8b4.2b4.3b4.1b

Revenue growth, %

10%10%1%

Cost of goods sold

1.7b1.8b1.8b

Gross profit

2.2b2.4b2.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.0b1.1b1.1b1.1b1.1b1.1b1.1b982.2m1.0b1.1b

Cost of goods sold

448.7m451.5m448.0m461.5m465.1m451.3m466.9m406.7m434.5m

Gross profit

593.7m609.4m613.0m592.3m601.8m610.9m601.8m575.5m602.1m

Gross profit Margin, %

57%57%58%56%56%58%56%59%58%
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

925.7m165.5m193.6m205.1m

Accounts Receivable

835.7m846.9m850.7m859.3m

Prepaid Expenses

188.9m195.7m192.1m205.4m

Current Assets

2.0b1.2b1.2b1.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

442.5m188.2m197.7m161.5m162.0m186.8m152.7m907.2m152.0m138.9m

Accounts Receivable

859.1m867.0m847.5m837.5m852.3m821.9m831.5m805.9m791.9m815.0m

Prepaid Expenses

223.3m189.1m170.8m210.9m200.8m195.2m214.9m184.3m190.2m220.6m

Current Assets

1.5b1.2b1.2b1.2b1.2b1.2b1.2b1.9b1.1b1.2b
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

185.4m364.5m268.3m343.1m

Depreciation and Amortization

537.3m655.2m674.9m669.4m

Accounts Payable

34.9m

Cash From Operating Activities

721.0m936.5m966.7m987.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

45.2m138.7m205.7m30.5m122.9m231.2m64.9m57.8m96.3m46.6m

Depreciation and Amortization

164.1m324.4m486.1m166.6m335.0m496.7m167.1m335.4m496.8m165.6m

Accounts Payable

(1.4m)

Cash From Operating Activities

91.6m393.3m624.5m117.1m429.7m648.1m125.4m439.1m627.2m68.8m
show all
USDFY, 2017

Revenue/Employee

160.2k

Debt/Equity

3.1 x

Debt/Assets

0.6 x

Financial Leverage

4.8 x
Show all financial metrics

Iron Mountain Operating Metrics

Iron Mountain's Customers was reported to be 225 k in FY, 2019.
FY, 2017Jun, 2018Nov, 2018FY, 2018FY, 2019

Facilities

1.4 k1.43 k1.4 k1.4 k1.45 k

Vehicle Fleet

4.7 k

Customers

225 k225 k225 k225 k225 k

Countries

5353545450
Show all operating metrics

Iron Mountain Acquisitions / Subsidiaries

Company NameDateDeal Size
EvoSwitchMay 30, 2018$235 m
IO.comDecember 12, 2017$1.3 b
Bonded Services GroupOctober 03, 2017
FortrustJuly 28, 2017$128 m
Santa Fe GroupAugust 02, 2016$30.2 m
RecallMay 06, 2016
Docufile (Pty) LtdApril 21, 2016
Archyvu sistemosMarch 10, 2016
Crozier Fine ArtsOctober 14, 2015
Recall HoldingsApril 28, 2015$2.6 b
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Iron Mountain Revenue Breakdown

Embed Graph

Iron Mountain revenue breakdown by business segment: 93.7% from Global Records and Information Management Business, 6.3% from Global Data Center Business and 0.0% from Other

Iron Mountain revenue breakdown by geographic segment: 22.7% from Other International, 5.7% from Canada, 6.4% from United Kingdom, 61.8% from United States and 3.4% from Other

Iron Mountain Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

Learn more about our premium products
SecurityScorecard logo

Iron Mountain Online and Social Media Presence

Iron Mountain's Trends

Embed Graph

Iron Mountain Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    B-

    69/100

  • Compensation

    D

    53/100

  • Diversity

    D

    56/100

Learn more on Comparably

Iron Mountain News and Updates

August 09, 2021

Iron Mountain Signs 2.4 Megawatt Lease with Fortune 100 Technology Customer At Western Pennsylvania Data Center

Iron Mountain (NYSE: IRM), the global leader in innovative storage and information management services, today announced that it has signed a 2.4 megawatt lease with a leading hyperscale enterprise software provider. The customer will deploy at Iron Mountain’s WPA-1 data center in Boyers, Pennsylvani…
August 09, 2021

Iron Mountain to Participate in the Cowen 7th Annual Communications Infrastructure Summit

Iron Mountain Incorporated (NYSE: IRM), the global leader in innovative storage and information management services, announced that Mark Kidd, Executive Vice President & General Manager, Data Centers, will participate in a virtual fireside chat at the Cowen 7th Annual Communications Infrastructu…
August 05, 2021

Iron Mountain Inc Q2 adjusted earnings Beat Estimates

Earnings: $276.52 million in Q2 vs. -$7.11 million in the same period last year. -EPS: $0.95 in Q2 vs. -$0.02 in the same period last year. -Excluding items, Iron Mountain Inc reported adjusted earnings of $245.99 million or $0.85 per share for the period. -Analysts projected $0.35 per share -Revenu…
July 15, 2021

Iron Mountain Schedules Second Quarter 2021 Earnings Release and Conference Call

Iron Mountain Incorporated (NYSE: IRM), the global leader in innovative storage and information management services, will report its second quarter 2021 financial results before market hours on Thursday, August 5, 2021. The Company will also host a conference call to discuss results on the same day.
July 07, 2021

Iron Mountain to Expand EMEA Data Center Footprint with Agreement to Acquire Frankfurt Data Center

Iron Mountain Incorporated (NYSE: IRM), the global leader in innovative storage and information management services, today announced that they have entered into an agreement to acquire a data center in Frankfurt from Calcium DC Pte. Ltd. The data center is a two-story, 20,000 square meter colocation…
June 30, 2021

Iron Mountain opens new office at Hensingham Business Park

Iron Mountain Incorporated (IRM), the storage and information management services company enabling digital transformation, has expanded the scale of its facilities for Sellafield Ltd to support the continued safe decommission of Europe’s largest nuclear site.
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 Iron Mountain Frequently Asked Questions

  • When was Iron Mountain founded?

    Iron Mountain was founded in 1951.

  • Who are Iron Mountain key executives?

    Iron Mountain's key executives are William Meaney, Ted MacLean and Ernest W. Cloutier.

  • How many employees does Iron Mountain have?

    Iron Mountain has 24,000 employees.

  • What is Iron Mountain revenue?

    Latest Iron Mountain annual revenue is $4.1 b.

  • What is Iron Mountain revenue per employee?

    Latest Iron Mountain revenue per employee is $172.8 k.

  • Who are Iron Mountain competitors?

    Competitors of Iron Mountain include Equinix, H3C and Access Information Management.

  • Where is Iron Mountain headquarters?

    Iron Mountain headquarters is located at One Federal Street, 1 Federal St, Boston.

  • Where are Iron Mountain offices?

    Iron Mountain has offices in Boston, Buenos Aires, Alexandria, Groß-Enzersdorf and in 69 other locations.

  • How many offices does Iron Mountain have?

    Iron Mountain has 76 offices.