Iron Mountain Incorporated logo
IRMIron Mountain Incorporated

Interest Coverage Ratio: 1.77x

popular:market cap|pe ratio|revenue|price history|total return

Is the interest coverage ratio high or low?

The interest coverage ratio of 1.77x is in line with its 5-year average of 1.69x, around the middle of its 5-year range (1.24x–2.88x).

As of Saturday, June 27, 2026. 23.37% above its 12-month average of 1.43x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

IRM Interest Coverage Ratio

1.77x

Reported quarterly interest coverage; no daily interpolation.

-38.62% 5Y
IRM Interest Coverage Ratio

IRM Average Interest Coverage Ratio Chart

IRM Interest Coverage Ratio

IRM Current vs Average Interest Coverage Ratio Chart

IRM Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

1.77x

INTEREST COVERAGE RATIO AVG TTM

1.43x

INTEREST COVERAGE RATIO AVG 3Y

1.45x

INTEREST COVERAGE RATIO AVG 5Y

1.58x

INTEREST COVERAGE RATIO AVG 10Y

1.68x

INTEREST COVERAGE RATIO AVG 15Y

1.88x

INTEREST COVERAGE RATIO AVG 20Y

1.94x

CURRENT VS TTM AVG

+23.37%

CURRENT VS 3Y AVG

+21.78%

CURRENT VS 5Y AVG

+11.42%

CURRENT VS 10Y AVG

+5.21%

CURRENT VS 15Y AVG

-6.32%

CURRENT VS 20Y AVG

-8.75%

IRM Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Iron Mountain Incorporated (IRM)$39.40B1.77x1.43x1.45x1.58x
Crown Castle Inc. (CCI)vs ›$36.06B2.17x2.17x2.89x2.96x
Ventas, Inc. (VTR)vs ›$43.29B1.35x1.24x1.06x1.07x
Extra Space Storage Inc. (EXR)vs ›$31.52B2.34x2.28x3.00x3.63x
VICI Properties Inc. (VICI)vs ›$29.29B4.46x4.38x3.96x3.75x
AvalonBay Communities, Inc. (AVB)vs ›$26.97B3.53x3.79x3.82x3.56x
Equity Residential (EQR)vs ›$25.62B4.75x5.56x5.56x5.56x
Public Storage (PSA)vs ›$56.96B7.40x7.53x10.62x14.39x
Realty Income Corporation (O)vs ›$58.86B1.42x1.84x2.21x2.40x
SBA Communications Corporation (SBAC)vs ›$19.49B2.93x2.93x2.93x2.93x

Financial Health Indicators

Interest Coverage

1.8x

Debt/Equity

-19.42

Current Ratio

0.74

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Iron Mountain Incorporated (IRM)?
The interest coverage ratio for IRM stock is 1.77x.
Is Iron Mountain Incorporated's interest coverage ratio high or low?
The interest coverage ratio of 1.77x is in line with its 5-year average of 1.69x, around the middle of its 5-year range (1.24x–2.88x).
What is the TTM average interest coverage ratio for Iron Mountain Incorporated (IRM)?
The TTM average interest coverage ratio for IRM stock is 1.43x.
What is the 3Y average interest coverage ratio for Iron Mountain Incorporated (IRM)?
The 3Y average interest coverage ratio for IRM stock is 1.45x.
What is the 5Y average interest coverage ratio for Iron Mountain Incorporated (IRM)?
The 5Y average interest coverage ratio for IRM stock is 1.58x.
What is the 10Y average interest coverage ratio for Iron Mountain Incorporated (IRM)?
The 10Y average interest coverage ratio for IRM stock is 1.68x.
What is the 15Y average interest coverage ratio for Iron Mountain Incorporated (IRM)?
The 15Y average interest coverage ratio for IRM stock is 1.88x.
What is the 20Y average interest coverage ratio for Iron Mountain Incorporated (IRM)?
The 20Y average interest coverage ratio for IRM stock is 1.94x.

IRM Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-311.77x
2025-12-311.45x
2025-09-301.42x
2025-06-301.24x
2025-03-311.28x
2024-12-311.38x
2024-09-301.34x
2024-06-301.30x
2024-03-311.46x
2023-12-311.52x
2023-09-301.52x
2023-06-301.45x
2023-03-311.72x
2022-12-311.82x
2022-09-302.35x
2022-06-302.55x
2022-03-311.94x
2021-12-311.85x
2021-09-301.71x
2021-06-302.88x
2021-03-311.59x
2020-12-313.98x
2020-09-302.25x
2020-06-301.24x
2020-03-311.28x
2019-12-311.93x
2019-09-302.06x
2019-06-301.81x
2019-03-311.55x
2018-12-311.79x
2018-09-301.86x
2018-06-301.93x
2018-03-311.66x
2017-12-311.71x
2017-09-301.93x
2017-06-301.78x
2017-03-311.67x
2016-12-311.59x
2016-09-301.59x
2016-06-301.25x
2016-03-311.90x
2015-12-311.79x
2015-09-301.91x
2015-06-301.94x
2015-03-312.21x
2014-09-302.20x
2014-06-302.32x
2014-03-312.08x
2013-12-311.48x
2013-09-302.13x
2013-06-302.09x
2013-03-311.94x
2012-12-311.60x
2012-09-302.51x
2012-06-302.73x
2012-03-312.41x
2011-12-313.01x
2011-09-302.68x
2011-06-303.04x
2011-03-312.81x
2010-12-312.33x
2010-09-301.92x
2010-06-302.78x
2010-03-312.35x
2009-12-312.52x
2009-09-302.40x
2009-06-302.48x
2009-03-312.15x
2008-12-310.53x
2008-09-302.29x
2008-06-302.07x
2008-03-311.77x
2007-12-310.50x
2007-09-302.24x
2007-06-301.82x
2007-03-311.98x
2006-12-310.62x
2006-09-301.92x
2006-06-302.18x
2006-03-311.98x
2005-12-310.52x
2005-09-302.31x
2005-06-302.05x
2005-03-311.99x
2004-12-310.47x
2004-09-301.57x
2004-06-302.04x
2004-03-311.97x
2003-12-310.58x
2003-09-301.99x
2003-06-301.89x
2003-03-312.03x
2002-12-310.51x
2002-09-301.83x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll Metrics

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
www.ironmountain.com
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
William L. Meaney
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