Iron Mountain highlights data center growth, shares trade near record range
27.06.2026 - 10:23:01 | ad-hoc-news.de
By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-27, 10:22.
Iron Mountain (US46284V1017) continues to position itself as a hybrid between traditional storage and digital infrastructure on the NYSE. The real estate investment trust emphasizes its long-term strategy built around data centers, digital transformation services and recurring storage revenues in a sector that also includes Equinix and Digital Realty.
What recent figures show
In its latest reported quarter for the period ended March 31, 2026, Iron Mountain generated total revenue of around 1.52 billion US dollars, an increase of roughly 9 percent year on year according to company disclosures. Recurring storage rental revenues represented the majority of this turnover, highlighting the importance of long-term contracts in the REIT’s business model.
Adjusted EBITDA for the same quarter reached approximately 560 million US dollars, corresponding to an adjusted EBITDA margin in the mid-30-percent range based on management figures. Funds from operations and adjusted funds from operations, key metrics for REIT investors, also showed year-on-year growth, reflecting ongoing expansion in both physical storage and data center activities.
Long-term strategy in focus
Management has outlined a multi-year growth plan that targets a combination of organic expansion and selective investment in new capacity, particularly in data centers and digital solutions. The strategy aims to build on Iron Mountain’s extensive global footprint of storage facilities while increasing the share of higher-growth, technology-driven services over time.
Within this framework, capital expenditure has been directed toward new data center developments and expansions in key markets across North America and Europe. Long-duration customer relationships, often with large enterprise and public sector clients, underpin the visibility of cash flows that support these investments.
Go deeper into Iron Mountain
Background and data on the Iron Mountain shares
Key figures, ad-hoc releases and further analysis on Iron Mountain can be found in the dedicated topic area and on the company’s investor relations pages.
The business behind the stock
Iron Mountain generates revenue from three main pillars: records and information management, data centers, and related digital and asset lifecycle services. The company stores physical documents and media for customers worldwide, provides secure shredding and digital imaging, and operates colocation data centers supporting enterprise and cloud workloads.
Where the stock trades today
The Iron Mountain shares (US46284V1017) last closed on the NYSE at 132.42 US dollars on 2026-06-26, 21:59, according to exchange data.
Key data on the Iron Mountain shares
- Company: Iron Mountain Inc.
- ISIN: US46284V1017
- WKN: A14MS9
- Ticker: IRM
- Trading venue: NYSE
- Price (as of 2026-06-26, 21:59): 132.42 USD
- Market cap: 38.0 billion USD (as of 2026-06-26)
- Sector / industry: Real Estate - Specialized REITs / Information Management
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. Numbers and dates are based on publicly available sources and may be subject to change.
