Iron Mountain Incorporated logo
IRMIron Mountain Incorporated

FCF Payout Ratio: 686.69%

For REITs like Iron Mountain Incorporated, FCF Payout Ratio is secondary context: real-estate companies are valued primarily on funds from operations (FFO / AFFO) and price-to-FFO, where heavy property capital spending makes free-cash-flow multiples less informative than for an operating company. The FCF Payout Ratio is shown for reference.

The FCF payout ratio is 686.69%.

FCF Payout Ratio

IRM FCF Payout Ratio

686.69%

Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.

+331.19% 5Y
IRM FCF Payout Ratio

IRM Average FCF Payout Ratio Chart

IRM FCF Payout Ratio

IRM Current vs Average FCF Payout Ratio Chart

IRM FCF Payout Ratio Metrics

FCF PAYOUT RATIO

686.69%

FCF PAYOUT RATIO AVG TTM

368.45%

FCF PAYOUT RATIO AVG 3Y

242.75%

FCF PAYOUT RATIO AVG 5Y

203.89%

FCF PAYOUT RATIO AVG 10Y

199.38%

FCF PAYOUT RATIO AVG 15Y

N/A

FCF PAYOUT RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+86.38%

CURRENT VS 3Y AVG

+182.88%

CURRENT VS 5Y AVG

+236.80%

CURRENT VS 10Y AVG

+244.42%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

Payout Ratio Comparison

FCF Payout Ratio TTM

686.7%

Earnings Payout Ratio

705.3%

Dividend Yield

2.61%

FCF Yield

N/A

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025($931.63M)$919.39MN/A (Loss)
2024($657.24M)$789.53MN/A (Loss)
2023($231.53M)$737.65MN/A (Loss)
2022$44.11M$724.39Mn/m
2021$134.53M$718.34M534.0%
2020$534.40M$716.29M134.0%
2019$218.20M$704.53M322.9%
2018$403.01M$673.63M167.2%
2017$302.65M$440.00M145.4%
2016$164.53M$505.87M307.5%
2015$196.40M$406.51M207.0%
2014$76.58M$542.30M708.2%
2013$190.06M$206.80M108.8%
2012$163.18M$318.85M195.4%
2011$384.58M$172.62M44.9%
2010$353.09M$37.89M10.7%
2009$293.39M$00.0%
2008$135.78M$00.0%
2007$98.20M$00.0%
2006($21.94M)$0N/A (Loss)
2005$91.62M$00.0%
2004$73.40M$00.0%
2003$84.22M$00.0%
2002$57.95M$00.0%
2001($36.13M)$0N/A (Loss)
2000($11.10M)$0N/A (Loss)
1999($255.50M)$0N/A (Loss)
1998($178.50M)$0N/A (Loss)
1997($208.10M)$0N/A (Loss)
1996($2.67M)$0.60MN/A (Loss)

Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

FCF Payout Ratio FAQ

What is the FCF payout ratio for Iron Mountain Incorporated (IRM)?
The FCF payout ratio for IRM stock is 686.69%.
What is the TTM average FCF payout ratio for Iron Mountain Incorporated (IRM)?
The TTM average FCF payout ratio for IRM stock is 368.45%.
What is the 3Y average FCF payout ratio for Iron Mountain Incorporated (IRM)?
The 3Y average FCF payout ratio for IRM stock is 242.75%.
What is the 5Y average FCF payout ratio for Iron Mountain Incorporated (IRM)?
The 5Y average FCF payout ratio for IRM stock is 203.89%.
What is the 10Y average FCF payout ratio for Iron Mountain Incorporated (IRM)?
The 10Y average FCF payout ratio for IRM stock is 199.38%.

IRM FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2022-03-31686.69%
2021-12-31533.98%
2021-09-30273.21%
2021-06-30183.05%
2021-03-31165.29%
2020-12-31134.04%
2020-09-30154.99%
2020-06-30167.65%
2020-03-31211.38%
2019-12-31322.89%
2019-09-30320.42%
2019-06-30248.10%
2019-03-31198.03%
2018-12-31167.15%
2018-09-30195.36%
2018-06-30193.74%
2018-03-31253.67%
2017-12-31145.38%
2017-09-30177.45%
2017-06-30159.26%
2017-03-31202.77%
2016-12-31307.47%
2016-09-30185.48%
2016-06-30211.01%
2016-03-31152.62%
2015-12-31206.98%
2015-09-30429.79%
2015-06-30621.37%
2014-12-31708.17%
2014-09-30276.39%
2014-06-30157.48%
2014-03-31168.11%
2013-12-31108.81%
2013-09-30221.19%
2013-06-30295.17%
2013-03-31213.58%
2012-12-31195.39%
2012-09-3068.73%
2012-06-3052.64%
2012-03-3152.97%
2011-12-3144.86%
2011-09-3039.83%
2011-06-3028.85%
2011-03-3120.74%
2010-12-3114.62%
2010-09-3011.62%
2010-06-308.08%
2010-03-314.43%

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