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Iron Mountain Inc  (IRM)
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Price: $79.6800 $1.07 1.361%
Day's High: $79.41 Week Perf: -1.47 %
Day's Low: $ 78.69 30 Day Perf: 15.24 %
Volume (M): 33 52 Wk High: $ 82.19
Volume (M$): $ 2,626 52 Wk Avg: $61.68
Open: $77.55 52 Wk Low: $48.94



 Market Capitalization (Millions $) 23,301
 Shares Outstanding (Millions) 292
 Employees 25,000
 Revenues (TTM) (Millions $) 5,480
 Net Income (TTM) (Millions $) 187
 Cash Flow (TTM) (Millions $) 81
 Capital Exp. (TTM) (Millions $) 1,339

Iron Mountain Inc

We believe we are the global leader in information protection and storage services. We help organizations around the world reduce the costs and risks associated with information protection and storage. We offer comprehensive records management and data protection solutions, along with the expertise and experience to address complex information challenges such as rising storage costs, litigation, regulatory compliance and disaster recovery. Founded in an underground facility near Hudson, New York in 1951, Iron Mountain is a trusted partner to more than 100,000 corporate clients throughout North America, Europe, Latin America and Asia Pacific.

Our information protection and storage services can be broadly divided into three major service categories: records management, data protection and recovery, and information destruction. We offer both physical services and technology solutions in each of these categories. Media formats can be broadly divided into physical and electronic records. We define physical records to include paper documents, as well as all other non-electronic media such as microfilm and microfiche, master audio and videotapes, film, X-rays and blueprints. Electronic records include various forms of magnetic media such as computer tapes and hard drives and optical disks.

Our physical records management services include: records management program development and implementation based on best-practices to help customers comply with specific regulatory requirements, implementation of policy-based programs that feature secure, cost-effective storage for all major media, including paper (which is the dominant form of records storage), flexible retrieval access and retention management. Our technology-based records management services are comprised primarily of digital archiving and related services for secure, legally compliant and cost-effective long-term archiving of electronic records. Within the records management services category, we have developed specialized services for vital records and regulated industries such as healthcare, energy and financial services.

Our physical data protection & recovery services include disaster preparedness, planning, support and secure, off-site vaulting of data backup media for fast and efficient data recovery in the event of a disaster, human error or virus. Our technology-based data protection & recovery services include online backup and recovery solutions (also known as electronic vaulting) for desktop and laptop computers and remote servers. Additionally, we serve as a trusted, neutral third party and offer technology escrow services to protect and manage source code and other proprietary information.

Our information destruction services are comprised almost exclusively of secure shredding services. Secure shredding services complete the life cycle of a record and involve the shredding of sensitive documents in a way that ensures privacy and a secure chain of custody for the records. These services typically include either the scheduled pick-up of loose office records which customers accumulate in specially designed secure containers we provide or the shredding of documents stored in records facilities upon the expiration of their scheduled retention periods. Our technology-based information destruction services include DataDefense, which provides automatic, intelligent encryption of sensitive PC data and, when behaviors that are inconsistent with authorized use are detected, that data is automatically eliminated and the PC is disabled—this is designed to render the data useless to unauthorized users.

We generate our revenues by providing storage for both physical and electronic records in a variety of information media formats, core records management, data protection & recovery, and information destruction services and an expanding menu of complementary products and services to a large and diverse customer base. Providing outsourced information protection and storage services is the mainstay of our customer relationships and provides the foundation for our revenue growth. Core services, which are a vital part of a comprehensive records management program, consist primarily of the handling and transportation of stored records and information. In our secure shredding operations, core services consist primarily of the scheduled collection and handling of records and documents generated by business operations. As is the case with storage revenues, core service revenues are highly recurring in nature and therefore very predictable.

Customers

Our customer base is diversified in terms of revenues and industry concentration. As of December 31, 2007, we had over 100,000 corporate clients in a variety of industries. We currently provide services to commercial, legal, banking, healthcare, accounting, insurance, entertainment and government organizations, including more than 93% of the Fortune 1000 and more than 90% of the FTSE 100. No customer accounted for more than 2% of our consolidated revenues for the years ended December 31, 2005, 2006 and 2007.

Competition

We compete with our current and potential customers internal information protection and storage services capabilities. We can provide no assurance that these organizations will begin or continue to use an outside company such as Iron Mountain for their future information protection and storage services.

We compete with multiple information protection and storage services providers in all geographic areas where we operate. We believe that competition for customers is based on price, reputation for reliability, quality of service and scope and scale of technology and that we generally compete effectively based on these factors.

We also compete with other information protection and storage services providers for companies to acquire. Some of our competitors may possess substantial financial and other resources. If any such competitor were to devote additional resources to the information protection and storage services business and such acquisition candidates or focus their strategy on our markets, our results of operations could be adversely affected.



   Company Address: 85 New Hampshire Avenue Portsmouth 3801 NH
   Company Phone Number: 535-4766   Stock Exchange / Ticker: NYSE IRM
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CTAS   -0.28%    
CVLT        0.15% 
KD   -3.57%    
TDC   -1.1%    
VYX        0.24% 
• View Complete Report
   



Iron Mountain Inc

Iron Mountain Inc's Stock Performance Soars: A Reflection of Strong Financial Results

Iron Mountain Inc, a global leader in information management services, has recently seen a significant improvement in its stock performance. Over the past 30 days, the company's stock has increased by 6.23%, and over the past 12 months, it has advanced by an impressive 52.77%. In fact, the stock has reached its 52-week high, indicating a positive sentiment among investors.
These positive stock market results reflect the company's strong financial performance for the fourth quarter and full year 2023. Iron Mountain Inc announced its financial results, highlighting its success in information management, innovative storage, data center infrastructure, and asset lifecycle management. The company's earnings call presentation and supplemental financial information can be accessed on its Investor Relations website.

Dividend

Iron Mountain Reveals Tax Treatment for 2023 Distributions on Common Stock

Published Fri, Jan 26 2024 12:00 PM UTC

Iron Mountain Announces Tax Treatment for 2023 Distributions on Common Stock
PORTSMOUTH, N.H. - Iron Mountain Incorporated (NYSE: IRM), a global leader in information management, innovative storage, data center infrastructure, and asset lifecycle management, has disclosed the tax treatment for all 2023 distributions on its common stock. This announcement comes in the for...

Merger and Acquisition

Iron Mountain Expands IT Asset Disposition Services with Regency Technologies Acquisition

Published Wed, Jan 10 2024 1:30 PM UTC


Breaking News: PORTSMOUTH, N.H. (INSERT DATE) - Iron Mountain (NYSE: IRM), a renowned leader in information management, innovative storage, data center infrastructure, and asset lifecycle management, has successfully finalized its acquisition of Regency Technologies, a prominent provider of IT asset disposition (ITAD) services in the United States. This acquisition furt...

Contract

Iron Mountain Expands Information Management Services with Regency Technologies Acquisition, Demonstrating Strong Financial Performance

Published Thu, Nov 2 2023 10:45 AM UTC

Iron Mountain Expands Information Management Services with Acquisition of Regency Technologies
Iron Mountain, a global leader in information management and innovative storage, has announced its definitive agreement to acquire Regency Technologies, a leading provider of IT asset disposition (ITAD) services in the United States. This acquisition comes as Iron Mountain aims...

Iron Mountain Inc

Iron Mountain Inc Records Significant Revenue Growth in Q2 2023, Surpassing REIT Industry Average

Iron Mountain Inc, a leading provider of storage and information management solutions, has experienced a slight decline in its stock price over the past five trading days, decreasing by -0.78%. However, on a year-to-date basis, the stock has performed well, showing a growth of 22.65%. Additionally, the stock is currently trading 3.1% below its 52-week high.
Looking at the financial results for the period ending June 30, 2023, the company reported no gain per share, in contrast to $0.14 per share in the previous year and $0.22 per share in the previous reporting period. This decline in earnings can be attributed to various factors that impacted the company's performance. Despite this, Iron Mountain Inc saw its revenue grow by 8.805% to $1.36 billion compared to $1.25 billion in the same reporting period last year. Sequentially, revenue increased by 3.316% from $1.31 billion.






 

Iron Mountain Inc's Segments
 
North American Records and Information
 Segment     of total Revenue
International Physical
 Segment     of total Revenue
North American Data
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Iron Mountain Inc announced annual revenue outlook on

Earnings Outlook
Iron Mountain Inc issued annual earnings guidance on

 
Geographic Revenue Dispersion
United States
United Kingdom
Canada
Other International




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