Iron Mountain Year 2024 financial results

 Iron Mountain Reports Fourth Quarter and Full Year 2024 Results

• IRM Achieves record quarterly and full year revenue of $1.6 billion and $6.1 billion, respectively

• In Q4 2024 and Full Year 2024 revenue growth of 11.4% and 12.2%, respectively, driven by strong performances across global RIM, data center, and asset lifecycle management (ALM) businesses

• Q4 2024 and Full Year 2024 Net Income of $106 million and $184 million, respectively

• IRM delivers record quarterly and full year Adjusted EBITDA of $605 million and $2.2 billion, respectively

• IRM issues strong 2025 guidance with Revenue growth of 8% to 11% and Adjusted EBITDA growth of 11% to 13%

• Excluding the effects of foreign exchange, 2025 guidance for Revenue growth is 10% to 12% and Adjusted EBITDA growth is 12% to 14%.
• Dividend

  On February 13, 2025, Iron Mountain's Board of Directors declared a quarterly cash dividend of $0.785 per share of common stock for the first quarter, representing an increase of 10%. The first quarter 2025 dividend is payable on April 4, 2025, to shareholders of record at the close of business on March 17, 2025.