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IRMIron Mountain Incorporated

Debt to Assets Ratio: 91.76%

Is the debt to assets ratio high or low?

The debt to assets ratio of 91.76% is in line with its 5-year average of 84.02%, near the high end of its 5-year range (77.22%–91.76%).

As of Monday, June 29, 2026. 2.30% above its 12-month average of 89.70%.

Debt to Assets

IRM Debt to Assets Ratio

91.76%

Reported quarterly debt to assets ratio; no daily interpolation.

+18.83% 5Y
IRM Debt to Assets Ratio

IRM Average Debt to Assets Ratio Chart

IRM Debt to Assets Ratio

IRM Current vs Average Debt to Assets Ratio Chart

IRM Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

91.76%

DEBT TO ASSETS RATIO AVG TTM

89.70%

DEBT TO ASSETS RATIO AVG 3Y

86.57%

DEBT TO ASSETS RATIO AVG 5Y

84.02%

DEBT TO ASSETS RATIO AVG 10Y

77.85%

DEBT TO ASSETS RATIO AVG 15Y

72.82%

DEBT TO ASSETS RATIO AVG 20Y

67.33%

CURRENT VS TTM AVG

+2.30%

CURRENT VS 3Y AVG

+5.99%

CURRENT VS 5Y AVG

+9.22%

CURRENT VS 10Y AVG

+17.88%

CURRENT VS 15Y AVG

+26.01%

CURRENT VS 20Y AVG

+36.28%

IRM Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Iron Mountain Incorporated (IRM)$39.48B91.76%89.70%86.57%84.02%
CBRE Group, Inc. (CBRE)vs ›$40.23B0.32%N/AN/AN/A
Crown Castle Inc. (CCI)vs ›$36.06B0.94%N/AN/AN/A
Ventas, Inc. (VTR)vs ›$43.29B0.48%N/AN/AN/A
Extra Space Storage Inc. (EXR)vs ›$31.52B0.51%N/AN/AN/A
VICI Properties Inc. (VICI)vs ›$29.29B0.38%N/AN/AN/A
AvalonBay Communities, Inc. (AVB)vs ›$26.97B0.42%N/AN/AN/A
Equity Residential (EQR)vs ›$25.62B0.42%N/AN/AN/A
Public Storage (PSA)vs ›$56.96B0.51%N/AN/AN/A
Realty Income Corporation (O)vs ›$58.86B0.45%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

91.8%

Debt/Equity

-19.42

Current Ratio

0.74

Interest Coverage

1.7x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Iron Mountain Incorporated (IRM)?
The debt to assets ratio for IRM stock is 91.76%.
Is Iron Mountain Incorporated's debt to assets ratio high or low?
The debt to assets ratio of 91.76% is in line with its 5-year average of 84.02%, near the high end of its 5-year range (77.22%–91.76%).
What is the TTM average debt to assets ratio for Iron Mountain Incorporated (IRM)?
The TTM average debt to assets ratio for IRM stock is 89.70%.
What is the 3Y average debt to assets ratio for Iron Mountain Incorporated (IRM)?
The 3Y average debt to assets ratio for IRM stock is 86.57%.
What is the 5Y average debt to assets ratio for Iron Mountain Incorporated (IRM)?
The 5Y average debt to assets ratio for IRM stock is 84.02%.
What is the 10Y average debt to assets ratio for Iron Mountain Incorporated (IRM)?
The 10Y average debt to assets ratio for IRM stock is 77.85%.
What is the 15Y average debt to assets ratio for Iron Mountain Incorporated (IRM)?
The 15Y average debt to assets ratio for IRM stock is 72.82%.
What is the 20Y average debt to assets ratio for Iron Mountain Incorporated (IRM)?
The 20Y average debt to assets ratio for IRM stock is 67.33%.

IRM Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-3191.76%
2025-12-3190.18%
2025-09-3089.55%
2025-06-3088.47%
2025-03-3188.52%
2024-12-3187.46%
2024-09-3085.66%
2024-06-3085.68%
2024-03-3185.44%
2023-12-3184.63%
2023-09-3083.76%
2023-06-3082.51%
2023-03-3181.85%
2022-12-3182.32%
2022-09-3081.02%
2022-06-3079.70%
2022-03-3179.54%
2021-12-3180.99%
2021-09-3079.37%
2021-06-3077.22%
2021-03-3178.72%
2020-12-3177.73%
2020-09-3080.88%
2020-06-3079.57%
2020-03-3178.11%
2019-12-3176.84%
2019-09-3075.44%
2019-06-3074.11%
2019-03-3174.13%
2018-12-3168.70%
2018-09-3069.72%
2018-06-3068.45%
2018-03-3167.99%
2017-12-3164.19%
2017-09-3067.06%
2017-06-3065.74%
2017-03-3165.59%
2016-12-3165.89%
2016-09-3065.21%
2016-06-3063.81%
2016-03-3178.18%
2015-12-3176.30%
2015-09-3077.58%
2015-06-3074.57%
2015-03-3174.11%
2014-12-3170.26%
2014-09-3066.19%
2014-06-3064.65%
2014-03-3164.77%
2013-12-3162.70%
2013-09-3063.09%
2013-06-3062.18%
2013-03-3161.12%
2012-12-3160.16%
2012-09-3059.10%
2012-06-3057.38%
2012-03-3156.74%
2011-12-3155.51%
2011-09-3051.95%
2011-06-3045.75%
2011-03-3146.38%
2010-12-3147.05%
2010-09-3047.39%
2010-06-3047.64%
2010-03-3147.80%
2009-12-3147.49%
2009-09-3049.31%
2009-06-3050.04%
2009-03-3150.61%
2008-12-3151.02%
2008-09-3051.46%
2008-06-3052.51%
2008-03-3152.24%
2007-12-3151.78%
2007-09-3052.56%
2007-06-3052.57%
2007-03-3151.10%
2006-12-3151.23%
2006-09-3052.08%
2006-06-3052.61%
2006-03-3153.46%
2005-12-3153.07%
2005-09-3052.90%
2005-06-3053.51%
2005-03-3155.44%
2004-12-3155.78%
2004-09-3055.82%
2004-06-3056.03%
2004-03-3157.30%
2003-12-3153.70%
2003-09-3055.17%
2003-06-3053.95%
2003-03-3152.73%
2002-12-3153.61%
2002-09-3053.17%
2002-06-3052.06%

About Iron Mountain Incorporated

Established in 1951, Iron Mountain Incorporated (NYSE: IRM) has become the world's foremost authority in storage and information management solutions. More than 225,000 organizations globally trust Iron Mountain with their critical assets. With an extensive physical infrastructure spanning over 90 million square feet, the company operates approximately 1,450 facilities in around 50 countries. Within this vast network, Iron Mountain safeguards billions of valued items, including vital corporate records, highly confidential digital assets, and invaluable cultural and historical artifacts. Their comprehensive suite of offerings encompasses secure document archiving, robust information governance, digital transformation initiatives, confidential destruction services, along with advanced data centers, cloud computing solutions, and specialized art storage and logistics. These services empower clients to mitigate costs and risks, ensure regulatory compliance, facilitate swift disaster recovery, and enable a more efficient, digital-first operational model.

Portsmouth, NH
28,850 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
William L. Meaney