NYSE$IRM
Iron Mountain Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Iron Mountain achieved record Q4 revenue of $1.58B, growing 11.4% YoY. Adjusted EBITDA rose 15% to $605M, driven by strong performance in storage and services. Net income surged to $106M from $29M in Q4 2023.
Headline financials
Revenue & EPS history
Iron Mountain · Revenue · Quarterly
$1.58B
Revenue by segment
Iron Mountain · $1.39B total across 2 segments · Q3 2023
- Storage Rental$859M+13.0%61.9%
- Service$530M+0.5%38.1%
Forward guidance
Iron Mountain projects strong growth in 2025, with revenue expected to rise 9% and Adjusted EBITDA up 12%. The company continues to expand in high-growth areas like data centers and digital transformation.
Tailwinds
- Revenue growth expected between 8-11%
- Adjusted EBITDA growth projected at 11-13%
- Excluding FX impact, revenue growth forecasted at 10-12%
- AFFO per share guidance of $4.85 - $4.95, up 8-10%
- Quarterly dividend increase of 10%
Headwinds
- Net income declined slightly for full year 2024
- Continued high debt levels exceeding $13B
- Foreign exchange fluctuations may impact revenue growth
- Rising interest expenses affecting profitability
- Ongoing restructuring costs could pressure margins
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.8%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+3.6%
Avg return
30 days after
54%
38 / 70 earnings
Positive
+15.2%
Q4 2021
Best reaction
-9.5%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +14.2% | +15.0% | +12.0% | |
| Q4 2025 | +5.8% | +8.6% | +6.6% | |
| Q3 2025 | -2.8% | -1.0% | -18.4% | |
| Q2 2025 | -5.8% | -6.3% | -3.5% | |
| Q1 2025 | +2.4% | +8.1% | +10.1% | |
| Q4 2024 | -7.3% | -8.3% | -15.7% | |
| Q3 2024 | -7.0% | -6.6% | -4.4% | |
| Q2 2024 | +4.0% | +3.8% | +10.4% | |
| Q1 2024 | -3.6% | -0.6% | +3.3% | |
| Q4 2023 | +9.5% | +8.0% | +15.9% | |
| Q3 2023 | +3.5% | -0.8% | +9.8% | |
| Q2 2023 | -1.2% | -1.4% | +3.2% | |
| Q1 2023 | +2.2% | +1.1% | +0.1% | |
| Q4 2022 | +3.3% | +4.2% | -0.4% | |
| Q3 2022 | +0.5% | +2.7% | +12.0% | |
| Q2 2022 | +8.1% | +10.2% | +7.8% | |
| Q1 2022 | -1.3% | -3.4% | +1.0% | |
| Q4 2021 | +15.2% | +17.6% | +26.3% | |
| Q3 2021 | -1.2% | -1.3% | -2.4% | |
| Q2 2021 | +3.8% | +6.1% | +14.0% | |
| Q1 2021 | +6.6% | +8.3% | +17.9% | |
| Q4 2020 | +7.8% | +8.2% | +16.1% | |
| Q3 2020 | +0.7% | +2.0% | +9.5% | |
| Q2 2020 | +1.6% | +2.0% | +4.1% | |
| Q1 2020 | +12.1% | +5.4% | +35.5% | |
| Q4 2019 | +4.2% | +7.1% | -8.8% | |
| Q3 2019 | +0.1% | -0.3% | -4.1% | |
| Q2 2019 | +6.9% | +4.8% | +8.3% | |
| Q1 2019 | -9.5% | -9.4% | -12.6% | |
| Q4 2018 | -2.0% | -1.3% | -2.5% | |
| Q3 2018 | -5.5% | -2.0% | +0.5% | |
| Q2 2018 | -1.5% | -0.4% | +1.3% | |
| Q1 2018 | +2.1% | +1.0% | -2.3% | |
| Q4 2017 | -4.7% | -6.7% | -3.6% | |
| Q3 2017 | -0.6% | -0.1% | +2.7% | |
| Q2 2017 | +4.8% | +6.2% | +10.7% | |
| Q1 2017 | -3.7% | -2.1% | -2.6% | |
| Q4 2016 | -0.6% | -2.1% | -6.5% | |
| Q3 2016 | -4.8% | -3.8% | -3.6% | |
| Q2 2016 | -6.1% | -8.6% | -3.6% | |
| Q1 2016 | +1.4% | — | — | |
| Q4 2015 | +1.5% | — | — | |
| Q3 2015 | +5.0% | — | — | |
| Q2 2015 | -2.0% | — | — | |
| Q1 2015 | -2.3% | — | — | |
| Q4 2014 | -6.5% | — | — | |
| Q3 2014 | +1.2% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q1 2014 | -1.2% | — | — | |
| Q4 2013 | -3.4% | — | — | |
| Q3 2013 | -1.1% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q1 2013 | +1.2% | — | — | |
| Q4 2012 | -1.0% | — | — | |
| Q3 2012 | +3.6% | — | — | |
| Q2 2012 | +4.7% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | -1.7% | — | — | |
| Q3 2011 | -3.0% | — | — | |
| Q2 2011 | -3.9% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2008 | -2.1% | — | — | |
| Q4 2010 | -2.1% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q3 2009 | +0.2% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q2 2009 | -1.6% | — | — | |
| Q4 2009 | +4.8% | — | — | |
| Q1 2009 | +4.8% | — | — | |
| Q1 2010 | +4.8% | — | — |
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