earnings
confidence high
sentiment positive
materiality 0.80
Iron Mountain Q4 revenue $1.16B (+9%), AFFO per share $0.92 (+39%); guides FY22 revenue up 14-17%
IRON MOUNTAIN INC
2021-FY EPS reported
$1.55
revenue$4,491,531,000
- Q4 total revenue $1.16B (+9.4% YoY); storage rental $725M (+4%), service $434M (+20%).
- Q4 adjusted EBITDA $431M (+15%); AFFO $267M (+40%), AFFO per share $0.92.
- Full year 2021 revenue $4.492B (+8%), net income $453M (+32%), AFFO $1.012B (+14%).
- FY22 guidance: revenue $5.125-5.275B, AFFO $1.085-1.120B, AFFO per share $3.70-3.82.
- Quarterly dividend $0.6185/share declared; Global Data Center revenue up 24.7% with 27 MW of new leases.