Iron Mountain Balance Sheet

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
Property, Plant & Equipment	12,012	10,121	9,011	7,699	6,983
Cash & Equivalents	158.54	155.72	222.79	141.8	255.83
Accounts Receivable	1,444	1,291	1,260	1,175	961.42
Goodwill	5,286	5,084	5,018	4,883	4,464
Other Intangible Assets	1,270	1,275	1,280	1,423	1,181
Other Current Assets	332.78	244.13	252.93	230.43	224.02
Deferred Long-Term Tax Assets	31.75	26.41	14.07	18.39	16.9
Deferred Long-Term Charges	210.96	201.27	167.21	155.13	113.13
Other Long-Term Assets	380.39	318.17	248.38	414.83	251.59
Total Assets	21,125	18,717	17,474	16,141	14,450
Current Portion of Long-Term Debt	223.42	586.71	81.58	43.69	268.26
Current Portion of Leases	375.42	443.8	330.88	332.6	300.77
Long-Term Debt	15,753	12,731	11,505	10,192	8,647
Long-Term Leases	2,771	2,613	2,873	2,718	2,487
Accounts Payable	710.66	678.72	539.59	469.2	369.15
Accrued Expenses	470.16	408.84	418.21	128.27	560.58
Current Unearned Revenue	402.09	326.88	325.67	328.91	307.47
Other Current Liabilities	437.75	642.33	540.25	614.9	212.36
Long-Term Unearned Revenue	165.8	110.6	100.77	32.96	33.69
Long-Term Deferred Tax Liabilities	184.02	205.34	235.41	263.01	223.93
Other Long-Term Liabilities	276.04	196.27	133.55	284.42	110.36
Total Liabilities	21,770	18,944	17,084	15,409	13,521
Common Stock	2.96	2.94	2.92	2.91	2.9
Additional Paid-In Capital	4,790	4,647	4,534	4,468	4,413
Distributions in Excess of Earnings	-5,405	-4,583	-3,954	-3,392	-3,221
Comprehensive Income & Other	-369.01	-569.95	-371.16	-442	-338.35
Total Common Equity	-981.01	-503.12	211.65	636.67	855.95
Minority Interest	336.1	276.62	178.07	95.29	73.53
Shareholders' Equity	-644.91	-226.5	389.72	731.95	929.48
Total Liabilities & Equity	21,125	18,717	17,474	16,141	14,450
Total Debt	19,123	16,375	14,791	13,287	11,703
Net Cash (Debt)	-18,965	-16,219	-14,568	-13,145	-11,447
Net Cash Per Share	-63.68	-54.75	-49.56	-44.95	-39.34
Filing Date Shares Outstanding	295.84	293.74	292.28	290.9	289.83
Total Common Shares Outstanding	295.79	293.59	292.14	290.83	289.76
Book Value Per Share	-3.32	-1.71	0.72	2.19	2.95
Tangible Book Value	-7,536	-6,862	-6,086	-5,669	-4,789
Tangible Book Value Per Share	-25.48	-23.37	-20.83	-19.49	-16.53
Land	724.39	670.53	536.78	486.72	372.41
Buildings	6,461	4,769	3,819	3,337	3,391
Construction In Progress	1,830	1,589	1,623	936.27	384.71

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.