Iron Mountain Incorporated
IRMFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
6,150
Cost of Revenue
2,697
Gross Profit
3,453
Gross Margin
56.2%
Operating Income
1,010
Operating Margin
16.4%
Net Income
180
Net Margin
2.9%
EPS (Basic)
$0.61
EPS (Diluted)
$0.61
EBITDA
1,907
EBITDA Margin
31.0%
2023
12/31/2023
Revenue
5,480
Cost of Revenue
2,358
Gross Profit
3,122
Gross Margin
57.0%
Operating Income
922
Operating Margin
16.8%
Net Income
184
Net Margin
3.4%
EPS (Basic)
$0.63
EPS (Diluted)
$0.63
EBITDA
1,619
EBITDA Margin
29.5%
2022
12/31/2022
Revenue
5,104
Cost of Revenue
2,189
Gross Profit
2,914
Gross Margin
57.1%
Operating Income
1,050
Operating Margin
20.6%
Net Income
557
Net Margin
10.9%
EPS (Basic)
$1.92
EPS (Diluted)
$1.90
EBITDA
1,874
EBITDA Margin
36.7%
2021
12/31/2021
Revenue
4,492
Cost of Revenue
1,887
Gross Profit
2,604
Gross Margin
58.0%
Operating Income
854
Operating Margin
19.0%
Net Income
450
Net Margin
10.0%
EPS (Basic)
$1.56
EPS (Diluted)
$1.55
EBITDA
1,751
EBITDA Margin
39.0%
2020
12/31/2020
Revenue
4,147
Cost of Revenue
1,757
Gross Profit
2,390
Gross Margin
57.6%
Operating Income
935
Operating Margin
22.5%
Net Income
343
Net Margin
8.3%
EPS (Basic)
$1.19
EPS (Diluted)
$1.19
EBITDA
1,469
EBITDA Margin
35.4%