Iron Mountain Incorporated logo
IRMIron Mountain Incorporated
REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.

Dividend Payout Ratio: 371.10%

Is the dividend payout ratio high or low?

The dividend payout ratio of 371.10% is 14% above its 5-year average of 326.65%, around the middle of its 5-year range (112.43%–881.23%).

As of Saturday, June 27, 2026. 42.57% below its 12-month average of 646.20%.

Dividend Payout Ratio (371.10%) = TTM Dividends/Share ($3.38) / TTM EPS ($0.91)

IRM Dividend Payout Ratio (TTM)

IRM Dividend Payout Ratio (TTM) Chart

371.10%
-48.76% 1Y
IRM Dividend Payout Ratio

IRM Average Dividend Payout Ratio Chart

IRM Dividend Payout Ratio

IRM Current vs Average Dividend Payout Ratio Chart

IRM Dividend Payout Ratio Metrics

DIVIDEND PAYOUT RATIO

371.10%

DIVIDEND PAYOUT RATIO AVG TTM

646.20%

DIVIDEND PAYOUT RATIO AVG 3Y

456.50%

DIVIDEND PAYOUT RATIO AVG 5Y

326.65%

DIVIDEND PAYOUT RATIO AVG 10Y

331.98%

DIVIDEND PAYOUT RATIO AVG 15Y

259.67%

DIVIDEND PAYOUT RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-42.57%

CURRENT VS 3Y AVG

-18.71%

CURRENT VS 5Y AVG

+13.61%

CURRENT VS 10Y AVG

+11.78%

CURRENT VS 15Y AVG

+42.91%

CURRENT VS 20Y AVG

N/A

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$0.49$3.22656.9%
2024$0.61$2.73447.5%
2023$0.63$2.54402.7%
2022$1.92$2.47128.9%
2021$1.56$2.47158.6%
2020$1.19$2.47207.9%
2019$0.93$2.45263.6%
2018$1.27$2.37186.9%
2017$0.64$2.24349.6%
2016$0.43$2.00466.3%
2015$0.58$1.91329.3%
2014$1.67$1.6799.9%
2013$0.51$1.00195.7%
2012$0.99$0.9899.0%
2011$2.03$0.8742.7%
2010($0.27)$0.35N/A (Loss)
2009$1.09$0.000.0%
2008$0.41$0.000.0%
2007$0.77$0.000.0%
2006$0.65$0.000.0%
2005$0.57$0.000.0%
2004$0.49$0.000.0%
2003$0.44$0.000.0%
2002$0.31$0.000.0%
2001($0.23)$0.00N/A (Loss)
2000($0.16)$0.00N/A (Loss)
1999($0.13)$0.00N/A (Loss)
1998($0.11)$0.00N/A (Loss)
1997($0.26)$0.00N/A (Loss)
1996($0.02)$0.00N/A (Loss)

Dividend Payout Ratio Formula & Definition

The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Dividend Payout Ratio FAQ

What is the dividend payout ratio for Iron Mountain Incorporated (IRM)?
The dividend payout ratio for IRM stock is 371.10%.
Is Iron Mountain Incorporated's dividend payout ratio high or low?
The dividend payout ratio of 371.10% is 14% above its 5-year average of 326.65%, around the middle of its 5-year range (112.43%–881.23%).
What is the TTM average dividend payout ratio for Iron Mountain Incorporated (IRM)?
The TTM average dividend payout ratio for IRM stock is 646.20%.
What is the 3Y average dividend payout ratio for Iron Mountain Incorporated (IRM)?
The 3Y average dividend payout ratio for IRM stock is 456.50%.
What is the 5Y average dividend payout ratio for Iron Mountain Incorporated (IRM)?
The 5Y average dividend payout ratio for IRM stock is 326.65%.
What is the 10Y average dividend payout ratio for Iron Mountain Incorporated (IRM)?
The 10Y average dividend payout ratio for IRM stock is 331.98%.
What is the 15Y average dividend payout ratio for Iron Mountain Incorporated (IRM)?
The 15Y average dividend payout ratio for IRM stock is 259.67%.

IRM Dividend Payout Ratio History

DATEDIVIDEND PAYOUT RATIO
2026-06-26371.10%
2026-06-24371.11%
2026-06-22371.10%
2026-06-17371.11%
2026-06-15457.37%
2026-06-11362.42%
2026-06-09362.43%
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2026-04-29681.11%
2026-04-27681.13%
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2026-03-19681.13%
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2026-03-13664.80%
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2025-12-30602.60%
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Showing the most recent 260 of 1,920 data points. The chart above shows the full history.

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