Iron Mountain Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	152.25	183.67	187.26	562.15	452.73
Depreciation & Amortization	1,057	926.49	793.02	745.64	696.97
Stock-Based Compensation	140.28	118.14	73.8	56.86	61
Other Adjustments	50.81	40.82	100.08	-184.52	-320.13
Changes in Other Operating Activities	-60.55	-72.4	-40.59	-252.44	-131.67
Operating Cash Flow	1,340	1,197	1,114	927.7	758.9
Operating Cash Flow Growth	11.97%	7.47%	20.04%	22.24%	-23.16%
Capital Expenditures	-2,272	-1,792	-1,339	-875.38	-611.08
Sale of Property, Plant & Equipment	13.64	17.98	53.54	170.42	278.33
Purchases of Intangible Assets	-171.41	-174.93	-101	-78.54	-71.82
Purchases of Investments	-43.18	-9.83	-15.83	-73.23	-78.62
Payments for Business Acquisitions	-101.63	-178.41	-41.85	-803.69	-204
Proceeds from Business Divestments	-	-	-	-	213.88
Investing Cash Flow	-2,574	-2,137	-1,444	-1,660	-473.31
Long-Term Debt Issued	18,400	16,153	19,376	12,950	5,710
Long-Term Debt Repaid	-16,003	-14,473	-18,192	-11,593	-5,164
Net Long-Term Debt Issued (Repaid)	2,397	1,680	1,184	1,356	545.54
Issuance of Common Stock	-12.2	-8.75	-12.71	-4.85	25.86
Net Common Stock Issued (Repurchased)	-12.2	-8.75	-12.71	-4.85	25.86
Common Dividends Paid	-919.39	-789.53	-737.65	-724.39	-718.34
Other Financing Activities	-160.26	-1.52	-48.98	12.13	-73.87
Financing Cash Flow	1,268	876.75	425.67	639.21	-220.81
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-30.89	-3.77	-13.89	-20.51	-14.02
Net Cash Flow	2.82	-67.07	80.99	-114.03	50.77
Free Cash Flow	-931.63	-594.86	-225.66	52.32	147.82
Free Cash Flow Growth	-	-	-	-64.61%	-73.09%
FCF Margin	-13.50%	-9.67%	-4.12%	1.03%	3.29%
Free Cash Flow Per Share	-3.13	-2.01	-0.77	0.18	0.51
Levered Free Cash Flow	1,267	922.67	781.68	1,531	949.98
Unlevered Free Cash Flow	-435.92	-179.25	172.93	552.2	569

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.