Iron Mountain Debt-to-Equity Ratio Growth & History (IRM)
Iron Mountain's debt-to-equity ratio was 71.52 for fiscal 2023.
View full Iron Mountain company overviewIron Mountain annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 71.52 | 50.13 | +234.33% |
| 2022 | 2022-12-31 | 21.39 | 7.30 | +51.83% |
| 2021 | 2021-12-31 | 14.09 | 4.09 | +40.93% |
| 2020 | 2020-12-31 | 10.00 | 2.49 | +33.25% |
| 2019 | 2019-12-31 | 7.50 | 3.13 | +71.48% |
| 2018 | 2018-12-31 | 4.38 | 1.31 | +42.72% |
| 2017 | 2017-12-31 | 3.07 | −0.16 | −5.03% |
| 2016 | 2016-12-31 | 3.23 | −6.29 | −66.10% |
| 2015 | 2015-12-31 | 9.52 | 4.08 | +74.87% |
| 2014 | 2014-12-31 | 5.45 | 1.44 | +35.92% |
| 2013 | 2013-12-31 | 4.01 | 0.68 | +20.45% |
| 2012 | 2012-12-31 | 3.33 | 0.63 | +23.55% |
| 2011 | 2011-12-31 | 2.69 | 1.15 | +74.11% |
| 2010 | 2010-12-31 | 1.55 | 0.04 | +2.40% |
| 2009 | 2009-12-31 | 1.51 | — | — |
Iron Mountain quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2024 | 2024-03-31 | 857.72 | 831.85 | +3214.97% |
| Q4 2023 | 2023-12-31 | 71.52 | 50.13 | +234.33% |
| Q3 2023 | 2023-09-30 | 56.32 | 31.19 | +124.12% |
| Q2 2023 | 2023-06-30 | 34.62 | 14.47 | +71.82% |
| Q1 2023 | 2023-03-31 | 25.87 | 8.67 | +50.38% |
| Q4 2022 | 2022-12-31 | 21.39 | 7.30 | +51.83% |
| Q3 2022 | 2022-09-30 | 25.13 | 12.89 | +105.30% |
| Q2 2022 | 2022-06-30 | 20.15 | 9.98 | +98.18% |
| Q1 2022 | 2022-03-31 | 17.21 | 5.14 | +42.60% |
| Q4 2021 | 2021-12-31 | 14.09 | 4.09 | +40.93% |
| Q3 2021 | 2021-09-30 | 12.24 | 0.06 | +0.46% |
| Q2 2021 | 2021-06-30 | 10.17 | −1.57 | −13.37% |
| Q1 2021 | 2021-03-31 | 12.07 | 2.11 | +21.25% |
| Q4 2020 | 2020-12-31 | 10.00 | 2.49 | +33.25% |
| Q3 2020 | 2020-09-30 | 12.18 | 5.02 | +70.05% |
| Q2 2020 | 2020-06-30 | 11.74 | 5.24 | +80.78% |
| Q1 2020 | 2020-03-31 | 9.95 | 3.84 | +62.97% |
| Q4 2019 | 2019-12-31 | 7.50 | 3.13 | +71.48% |
| Q3 2019 | 2019-09-30 | 7.16 | 2.92 | +68.64% |
| Q2 2019 | 2019-06-30 | 6.49 | 2.56 | +65.09% |
| Q1 2019 | 2019-03-31 | 6.11 | 2.50 | +69.15% |
| Q4 2018 | 2018-12-31 | 4.38 | 1.31 | +42.72% |
| Q3 2018 | 2018-09-30 | 4.25 | 0.56 | +15.28% |
| Q2 2018 | 2018-06-30 | 3.93 | 0.46 | +13.11% |
| Q1 2018 | 2018-03-31 | 3.61 | 0.28 | +8.28% |
| Q4 2017 | 2017-12-31 | 3.07 | −0.16 | −5.03% |
| Q3 2017 | 2017-09-30 | 3.69 | 0.65 | +21.23% |
| Q2 2017 | 2017-06-30 | 3.48 | 0.68 | +24.24% |
| Q1 2017 | 2017-03-31 | 3.33 | −6.78 | −67.04% |
| Q4 2016 | 2016-12-31 | 3.23 | −6.29 | −66.10% |
| Q3 2016 | 2016-09-30 | 3.04 | −5.48 | −64.32% |
| Q2 2016 | 2016-06-30 | 2.80 | −3.96 | −58.58% |
| Q1 2016 | 2016-03-31 | 10.12 | 3.76 | +59.14% |
| Q4 2015 | 2015-12-31 | 9.52 | 4.08 | +74.87% |
| Q3 2015 | 2015-09-30 | 8.52 | — | — |
| Q2 2015 | 2015-06-30 | 6.76 | — | — |
| Q1 2015 | 2015-03-31 | 6.36 | 2.19 | +52.60% |
| Q4 2014 | 2014-12-31 | 5.45 | 1.44 | +35.92% |
| Q1 2014 | 2014-03-31 | 4.17 | — | — |
| Q4 2013 | 2013-12-31 | 4.01 | 0.68 | +20.45% |
| Q4 2012 | 2012-12-31 | 3.33 | 0.63 | +23.55% |
| Q4 2011 | 2011-12-31 | 2.69 | 1.15 | +74.11% |
| Q2 2011 | 2011-06-30 | 1.43 | −0.07 | −4.73% |
| Q1 2011 | 2011-03-31 | 1.47 | −0.02 | −1.08% |
| Q4 2010 | 2010-12-31 | 1.55 | 0.04 | +2.40% |
| Q3 2010 | 2010-09-30 | 1.54 | — | — |
| Q2 2010 | 2010-06-30 | 1.50 | — | — |
| Q1 2010 | 2010-03-31 | 1.48 | — | — |
| Q4 2009 | 2009-12-31 | 1.51 | — | — |
Iron Mountain debt-to-equity ratio trends
Over the last five fiscal years, Iron Mountain's debt-to-equity ratio increased from 4.38 to 71.52, a change of 67.15. The latest reported quarter, Q1 2024, shows 857.72.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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