earnings
confidence high
sentiment positive
materiality 0.85
Iron Mountain Q4 revenue $1.58B (+11%), AFFO per share $1.24; raises dividend 10%, issues strong 2025 guidance
IRON MOUNTAIN INC
2024-FY EPS reported
$0.61
revenue$6,149,909,000
- Q4 total revenue $1.58B (up 11.4% YoY); storage rental $942M, service $639M; full-year revenue $6.15B (+12.2%).
- Q4 adjusted EBITDA $605M (+15.2% YoY); margin 38.3% (+130 bps); full-year adjusted EBITDA $2.24B (+14%).
- Q4 AFFO $368M ($1.24/share); full-year AFFO $1.34B ($4.54/share), both all-time records.
- FY2025 guidance: revenue $6.65-6.80B (~9% growth), adj. EBITDA $2.475-2.525B (~12% growth), AFFO per share $4.85-4.95.
- Quarterly dividend raised 10% to $0.785/share; payable April 4, 2025 to holders of record March 17, 2025.