Operating Margin: 20.41%
Is the operating margin high or low?
The operating margin of 20.41% is 13% above its 5-year average of 18.04%, around the middle of its 5-year range (15.01%–27.32%).
As of Sunday, June 28, 2026. 16.44% above its 12-month average of 17.53%.
IRM Operating Margin
Reported quarterly operating margin; no daily interpolation.
IRM Average Operating Margin Chart
IRM Current vs Average Operating Margin Chart
IRM Operating Margin Metrics
OPERATING MARGIN
20.41%
OPERATING MARGIN AVG TTM
17.53%
OPERATING MARGIN AVG 3Y
16.97%
OPERATING MARGIN AVG 5Y
17.03%
OPERATING MARGIN AVG 10Y
17.05%
OPERATING MARGIN AVG 15Y
17.45%
OPERATING MARGIN AVG 20Y
17.18%
CURRENT VS TTM AVG
+16.44%
CURRENT VS 3Y AVG
+20.28%
CURRENT VS 5Y AVG
+19.85%
CURRENT VS 10Y AVG
+19.73%
CURRENT VS 15Y AVG
+16.99%
CURRENT VS 20Y AVG
+18.83%
IRM Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Iron Mountain Incorporated (IRM) | $39.40B | 20.41% | 17.53% | 16.97% | 17.03% |
| Crown Castle Inc. (CCI)vs › | $36.06B | 48.01% | 2.01% | 18.16% | 22.69% |
| Ventas, Inc. (VTR)vs › | $43.29B | 13.38% | 14.00% | 12.24% | 12.59% |
| Extra Space Storage Inc. (EXR)vs › | $31.52B | 43.25% | 41.87% | 45.48% | 48.48% |
| VICI Properties Inc. (VICI)vs › | $29.29B | 98.67% | 91.57% | 84.63% | 84.79% |
| AvalonBay Communities, Inc. (AVB)vs › | $26.97B | 29.15% | 30.75% | 30.95% | 30.23% |
| Equity Residential (EQR)vs › | $25.62B | 28.50% | 48.77% | 55.23% | 56.70% |
| Public Storage (PSA)vs › | $56.96B | 50.85% | 46.80% | 49.20% | 49.19% |
| Realty Income Corporation (O)vs › | $58.86B | 29.27% | 36.16% | 38.42% | 41.26% |
| SBA Communications Corporation (SBAC)vs › | $19.49B | 47.63% | 51.13% | 42.86% | 39.29% |
Operating Efficiency
Gross Margin
25.7%
Operating Margin
20.4%
Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Operating Margin FAQ
- What is the operating margin for Iron Mountain Incorporated (IRM)?
- The operating margin for IRM stock is 20.41%.
- Is Iron Mountain Incorporated's operating margin high or low?
- The operating margin of 20.41% is 13% above its 5-year average of 18.04%, around the middle of its 5-year range (15.01%–27.32%).
- What is the TTM average operating margin for Iron Mountain Incorporated (IRM)?
- The TTM average operating margin for IRM stock is 17.53%.
- What is the 3Y average operating margin for Iron Mountain Incorporated (IRM)?
- The 3Y average operating margin for IRM stock is 16.97%.
- What is the 5Y average operating margin for Iron Mountain Incorporated (IRM)?
- The 5Y average operating margin for IRM stock is 17.03%.
- What is the 10Y average operating margin for Iron Mountain Incorporated (IRM)?
- The 10Y average operating margin for IRM stock is 17.05%.
- What is the 15Y average operating margin for Iron Mountain Incorporated (IRM)?
- The 15Y average operating margin for IRM stock is 17.45%.
- What is the 20Y average operating margin for Iron Mountain Incorporated (IRM)?
- The 20Y average operating margin for IRM stock is 17.18%.
IRM Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2026-03-31 | 20.41% |
| 2025-12-31 | 18.50% |
| 2025-09-30 | 17.59% |
| 2025-06-30 | 15.18% |
| 2025-03-31 | 15.97% |
| 2024-12-31 | 17.86% |
| 2024-09-30 | 16.13% |
| 2024-06-30 | 15.01% |
| 2024-03-31 | 16.63% |
| 2023-12-31 | 16.25% |
| 2023-09-30 | 17.13% |
| 2023-06-30 | 15.65% |
| 2023-03-31 | 18.31% |
| 2022-12-31 | 19.40% |
| 2022-09-30 | 22.20% |
| 2022-06-30 | 22.78% |
| 2022-03-31 | 17.80% |
| 2021-12-31 | 16.94% |
| 2021-09-30 | 16.05% |
| 2021-06-30 | 27.32% |
| 2021-03-31 | 15.75% |
| 2020-12-31 | 40.14% |
| 2020-09-30 | 23.18% |
| 2020-06-30 | 13.41% |
| 2020-03-31 | 12.87% |
| 2019-12-31 | 19.09% |
| 2019-09-30 | 21.04% |
| 2019-06-30 | 18.10% |
| 2019-03-31 | 15.06% |
| 2018-12-31 | 18.07% |
| 2018-09-30 | 18.44% |
| 2018-06-30 | 18.99% |
| 2018-03-31 | 15.79% |
| 2017-12-31 | 15.58% |
| 2017-09-30 | 18.30% |
| 2017-06-30 | 17.92% |
| 2017-03-31 | 15.74% |
| 2016-12-31 | 14.93% |
| 2016-09-30 | 14.37% |
| 2016-06-30 | 10.93% |
| 2016-03-31 | 17.33% |
| 2015-12-31 | 16.38% |
| 2015-09-30 | 16.99% |
| 2015-06-30 | 17.05% |
| 2015-03-31 | 19.34% |
| 2014-12-31 | 16.44% |
| 2014-09-30 | 18.08% |
| 2014-06-30 | 18.72% |
| 2014-03-31 | 17.22% |
| 2013-12-31 | 12.67% |
| 2013-09-30 | 18.52% |
| 2013-06-30 | 17.43% |
| 2013-03-31 | 16.44% |
| 2012-12-31 | 13.52% |
| 2012-09-30 | 20.58% |
| 2012-06-30 | 21.10% |
| 2012-03-31 | 19.00% |
| 2011-12-31 | 23.74% |
| 2011-09-30 | 17.51% |
| 2011-06-30 | 19.52% |
| 2011-03-31 | 18.34% |
| 2010-12-31 | 15.77% |
| 2010-09-30 | 13.67% |
| 2010-06-30 | 20.26% |
| 2010-03-31 | 17.09% |
| 2009-12-31 | 18.82% |
| 2009-09-30 | 18.65% |
| 2009-06-30 | 18.51% |
| 2009-03-31 | 16.76% |
| 2008-12-31 | 16.74% |
| 2008-09-30 | 17.38% |
| 2008-06-30 | 16.11% |
| 2008-03-31 | 14.19% |
| 2007-12-31 | 15.81% |
| 2007-09-30 | 18.35% |
| 2007-06-30 | 16.63% |
| 2007-03-31 | 15.78% |
| 2006-12-31 | 18.82% |
| 2006-09-30 | 16.31% |
| 2006-06-30 | 17.69% |
| 2006-03-31 | 16.40% |
| 2005-12-31 | 17.98% |
| 2005-09-30 | 19.41% |
| 2005-06-30 | 18.89% |
| 2005-03-31 | 18.17% |
| 2004-12-31 | 18.14% |
| 2004-09-30 | 18.51% |
| 2004-06-30 | 19.50% |
| 2004-03-31 | 19.76% |
| 2003-12-31 | 21.24% |
| 2003-09-30 | 20.24% |
| 2003-06-30 | 19.11% |
| 2003-03-31 | 20.53% |
| 2002-12-31 | 19.61% |
| 2002-09-30 | 20.08% |
| 2002-06-30 | 8.18% |
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.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- CEO
- William L. Meaney