Iron Mountain Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	41.34	180.16	184.23	556.98	450.22	342.69	Upgrade
Depreciation & Amortization	880.14	829.3	720.88	676.99	641.01	624.6	Upgrade
Other Amortization	105.95	102.54	79.18	76.77	64.82	54.73	Upgrade
Gain (Loss) on Sale of Assets	7.63	6.2	-12.83	12.56	-351.02	-363.54	Upgrade
Gain (Loss) on Sale of Investments	-	-	38	-35.82	-	-	Upgrade
Asset Writedown	-	-	-	-	-	23	Upgrade
Stock-Based Compensation	160.66	118.14	73.8	56.86	61	37.67	Upgrade
Change in Other Net Operating Assets	-8.14	-72.4	-40.59	-252.44	-131.67	134.35	Upgrade
Other Operating Activities	69.34	32.78	70.9	-164.21	24.55	134.15	Upgrade
Operating Cash Flow	1,257	1,197	1,114	927.7	758.9	987.66	Upgrade
Operating Cash Flow Growth	6.55%	7.47%	20.04%	22.24%	-23.16%	2.17%	Upgrade
Acquisition of Real Estate Assets	-2,245	-1,792	-1,339	-875.38	-611.08	-438.26	Upgrade
Sale of Real Estate Assets	22.16	17.98	53.54	170.42	278.33	564.66	Upgrade
Net Sale / Acq. of Real Estate Assets	-2,223	-1,774	-1,286	-704.96	-332.75	126.4	Upgrade
Cash Acquisition	-89.45	-178.41	-41.85	-803.69	-204	-118.58	Upgrade
Investment in Marketable & Equity Securities	-43.23	-9.83	-15.83	-73.23	-78.62	-18.25	Upgrade
Investing Cash Flow	-2,528	-2,137	-1,444	-1,660	-473.31	-85.44	Upgrade
Long-Term Debt Issued	-	16,153	19,376	12,950	5,710	11,404	Upgrade
Long-Term Debt Repaid	-	-14,473	-18,192	-11,593	-5,164	-11,547	Upgrade
Net Debt Issued (Repaid)	2,371	1,680	1,184	1,356	545.54	-142.49	Upgrade
Issuance of Common Stock	-	-	-	-	25.86	0.32	Upgrade
Common Dividends Paid	-856.05	-789.53	-737.65	-724.39	-718.34	-716.29	Upgrade
Other Financing Activities	-124.54	-13.72	-20.93	7.28	-73.87	-28.24	Upgrade
Foreign Exchange Rate Adjustments	-45.68	-3.77	-13.89	-20.51	-14.02	-4.01	Upgrade
Net Cash Flow	73.74	-67.07	80.99	-114.03	50.77	11.51	Upgrade
Cash Interest Paid	774.26	770.69	512.45	482.67	428.11	390.33	Upgrade
Cash Income Tax Paid	107.74	90.74	89.6	99.63	130.29	43.47	Upgrade
Levered Free Cash Flow	-908.65	-408.3	-71.56	72.26	158.58	628.16	Upgrade
Unlevered Free Cash Flow	-437.98	26.26	285.58	364.4	407.84	877.56	Upgrade
Change in Working Capital	-8.14	-72.4	-40.59	-252.44	-131.67	134.35	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.