What is the current annual operating margin of IRM?

As of today, IRM annual operating margin is 20.12%

What is 1-year change in IRM annual operating margin?

IRM annual operating margin is up +3.23% year-over-year

What is 3-year change in IRM annual operating margin?

IRM annual operating margin is down -1.85% over the past 3 years

How far is IRM annual operating margin from its all-time high?

IRM annual operating margin is currently -66.47% below its historical high of 60.01% set on December 31, 2014

How does IRM annual operating margin rank versus sector peers?

IRM annual operating margin is higher than 49.61% of companies in Real Estate sector

When is IRM next annual earnings release?

The next annual earnings release for IRM is on February 11, 2027

What is the current quarterly operating margin of IRM?

As of today, IRM quarterly operating margin is 21.57%

What is IRM quarterly operating margin most recent change?

IRM quarterly operating margin was up +11.47% on September 30, 2026

What is 1-year change in IRM quarterly operating margin?

IRM quarterly operating margin is up +4.96% year-over-year

How far is IRM quarterly operating margin from its all-time high?

IRM quarterly operating margin is currently -28.17% below its historical high of 30.03% set on March 31, 2015

How does IRM quarterly operating margin rank versus sector peers?

IRM quarterly operating margin is higher than 54.47% of companies in Real Estate sector

When is IRM next earnings release?

The next earnings release for IRM is on February 11, 2027

IRM Operating Margin History & Chart Since 1996

Annual Operating Margin

20.12%0.63%+3.23%

December 31, 2025

Summary

Current Value: As of today, IRM annual operating margin is 20.12%, up +3.23% on December 31, 2025
Historical Performance: IRM annual operating margin is down -1.85% over the past 3 years, up +38.28% over the past 5 years
All-Time High Comparison: IRM annual operating margin is currently -66.47% below its historical high of 60.01% set on December 31, 2014
3-Year Low Comparison: IRM annual operating margin is +3.23% above its 3-year low of 19.49% reached on December 31, 2024
Sector Comparison: IRM annual operating margin is higher than 49.61% of companies in Real Estate sector

Operating Margin Chart

beforeafter

Performance

IRM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	20.12%	+3.2%	-1.9%	+38.3%	-6.2%
Quarterly Operating Margin	Sep 30, 26	21.57%	+5.0%	+8.1%	+5.1%	-5.8%
Price	Nov 12, 26	$114.58	+25.4%	+93.9%	+141.0%	+310.2%
PE Ratio	Nov 12, 26	74.79	-56.2%	+20.0%	+244.7%	+156.9%
Annual Revenue	Dec 31, 25	$6.90B	+12.2%	+35.2%	+66.4%	+137.8%
Annual Operating Profit	Dec 31, 25	$1.39B	+15.9%	+32.7%	+130.1%	+123.1%
Annual Gross Margin	Dec 31, 25	40.54%	-2.3%	-5.4%	-3.7%	-15.7%
Annual Net Margin	Dec 31, 25	2.21%	-26.1%	-79.9%	-73.3%	-61.6%

Operating Margin Highs

IRM Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	20.50%	N/A	-1.9%
5Y	20.50%	Dec 31, 22	-1.9%
All	60.01%	Dec 31, 14	-66.5%

Operating Margin Lows

IRM Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	19.49%	Dec 31, 24	+3.2%
5Y	14.55%	N/A	+38.3%
All	7.96%	Dec 31, 15	+152.8%

Operating Margin History

Year	Value	Change
2025	20.12%	+3.2%
2024	19.49%	-3.8%
2023	20.26%	-1.2%
2022	20.50%	+2.1%
2021	20.07%	+37.9%
2020	14.55%	-13.5%
2019	16.82%	-2.6%
2018	17.27%	+0.8%
2017	17.14%	+20.0%
2016	14.28%	+79.4%
2015	7.96%	-86.7%
2014	60.01%	+589.0%
2013	8.71%	-53.4%

Year	Value	Change
2012	18.68%	-8.2%
2011	20.35%	-5.1%
2010	21.45%	+17.7%
2009	18.22%	+11.3%
2008	16.37%	-0.5%
2007	16.46%	-2.7%
2006	16.92%	-8.2%
2005	18.44%	-9.5%
2003	20.38%	+5.8%
2002	19.27%	+51.9%
2001	12.69%	+8.7%
2000	11.67%	-34.2%
1996	17.73%	-

FAQ

What is the current annual operating margin of IRM?: As of today, IRM annual operating margin is 20.12%
What is 1-year change in IRM annual operating margin?: IRM annual operating margin is up +3.23% year-over-year
What is 3-year change in IRM annual operating margin?: IRM annual operating margin is down -1.85% over the past 3 years
How far is IRM annual operating margin from its all-time high?: IRM annual operating margin is currently -66.47% below its historical high of 60.01% set on December 31, 2014
How does IRM annual operating margin rank versus sector peers?: IRM annual operating margin is higher than 49.61% of companies in Real Estate sector
When is IRM next annual earnings release?: The next annual earnings release for IRM is on February 11, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

21.57%2.22%+11.47%

September 30, 2026

Summary

Current Value: As of today, IRM quarterly operating margin is 21.57%, up +11.47% on September 30, 2026
Historical Performance: IRM quarterly operating margin is up +4.96% year-over-year, up +8.12% over the past 3 years
All-Time High Comparison: IRM quarterly operating margin is currently -28.17% below its historical high of 30.03% set on March 31, 2015
3-Year Low Comparison: IRM quarterly operating margin is +19.17% above its 3-year low of 18.10% reached on June 30, 2025
Sector Comparison: IRM quarterly operating margin is higher than 54.47% of companies in Real Estate sector

Performance

IRM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	21.57%	+11.5%	+5.0%	+8.1%	+5.1%
Annual Operating Margin	Dec 31, 25	20.12%	–	+3.2%	-1.9%	+38.3%
Price	Nov 12, 26	$114.58	-9.5%	+25.4%	+93.9%	+141.0%
PE Ratio	Nov 12, 26	74.79	-17.2%	-56.2%	+20.0%	+244.7%
Quarterly Revenue	Sep 30, 26	$1.99B	-1.9%	+13.5%	+43.4%	+76.1%
Quarterly Operating Profit	Sep 30, 26	$429.32M	+9.3%	+19.1%	+55.0%	+85.0%
Quarterly Gross Margin	Sep 30, 26	38.79%	-0.3%	-2.8%	-9.8%	-7.4%
Quarterly Net Margin	Sep 30, 26	6.47%	+23.7%	+31.5%	-1.7%	+7.3%

Quarterly Operating Margin Highs

IRM Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	21.82%	Dec 31, 25	-1.1%
3Y	21.82%	Dec 31, 25	-1.1%
5Y	21.82%	Dec 31, 25	-1.1%
All	30.03%	Mar 31, 15	-28.2%

Quarterly Operating Margin Lows

IRM Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	19.35%	Jun 30, 26	+11.5%
3Y	18.10%	Jun 30, 25	+19.2%
5Y	-8.84%	Dec 31, 21	+344.0%
All	-8.84%	Dec 31, 21	+344.0%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	21.57%	+11.5%
Jun 2026	19.35%	-7.9%
Mar 2026	21.00%	-3.8%
Dec 2025	21.82%	+6.2%
Sep 2025	20.55%	+13.5%
Jun 2025	18.10%	-8.9%
Mar 2025	19.86%	-2.7%
Dec 2024	20.41%	+5.8%
Sep 2024	19.30%	+3.9%
Jun 2024	18.57%	-3.5%
Mar 2024	19.25%	-10.0%
Dec 2023	21.38%	+7.2%
Sep 2023	19.95%	+7.4%
Jun 2023	18.58%	-6.2%
Mar 2023	19.80%	+411.3%
Dec 2022	-6.36%	-129.2%
Sep 2022	21.80%	+8.3%
Jun 2022	20.12%	+5.9%
Mar 2022	19.00%	+314.9%
Dec 2021	-8.84%	-143.1%
Sep 2021	20.53%	+6.2%
Jun 2021	19.33%	+1.6%
Mar 2021	19.02%	+44.0%
Dec 2020	13.21%	-16.7%
Sep 2020	15.86%	+11.5%
Jun 2020	14.23%	-4.6%
Mar 2020	14.92%	+1.1%
Dec 2019	14.76%	-26.8%
Sep 2019	20.16%	+16.1%
Jun 2019	17.37%	+13.6%
Mar 2019	15.29%	-8.2%
Dec 2018	16.65%	-9.2%
Sep 2018	18.34%	-3.2%
Jun 2018	18.94%	+16.6%
Mar 2018	16.25%	-3.6%
Dec 2017	16.85%	-7.5%
Sep 2017	18.22%	+2.1%
Jun 2017	17.84%	+14.1%
Mar 2017	15.64%	+2.9%
Dec 2016	15.20%	+5.8%
Sep 2016	14.36%	+32.2%
Jun 2016	10.86%	-37.1%
Mar 2016	17.27%	+130.3%
Dec 2015	7.50%	-57.7%
Sep 2015	17.71%	+1.3%
Jun 2015	17.49%	-41.8%
Mar 2015	30.03%	+327.2%
Dec 2014	7.03%	-32.3%
Sep 2014	10.38%	+11.9%
Jun 2014	9.28%	-47.3%
Mar 2014	17.60%	+15.9%
Dec 2013	15.19%	-20.9%
Sep 2013	19.20%	+11.3%
Jun 2013	17.25%	+5.4%
Mar 2013	16.37%	+14.5%
Dec 2012	14.30%	-29.8%
Sep 2012	20.36%	-3.1%

Month	Value	Change
Jun 2012	21.02%	+10.1%
Mar 2012	19.09%	-7.7%
Dec 2011	20.69%	-9.7%
Sep 2011	22.91%	+16.8%
Jun 2011	19.61%	+6.7%
Mar 2011	18.38%	-13.7%
Dec 2010	21.30%	-10.6%
Sep 2010	23.82%	+9.4%
Jun 2010	21.78%	+28.5%
Mar 2010	16.95%	-10.2%
Dec 2009	18.88%	+0.7%
Sep 2009	18.74%	+0.8%
Jun 2009	18.60%	+12.4%
Mar 2009	16.55%	-3.3%
Dec 2008	17.12%	-2.9%
Sep 2008	17.63%	+10.2%
Jun 2008	16.00%	+9.1%
Mar 2008	14.66%	-6.6%
Dec 2007	15.69%	-11.0%
Sep 2007	17.63%	+5.6%
Jun 2007	16.69%	+5.8%
Mar 2007	15.78%	-8.1%
Dec 2006	17.17%	+4.8%
Sep 2006	16.39%	-7.2%
Jun 2006	17.66%	+7.5%
Mar 2006	16.43%	-4.6%
Dec 2005	17.22%	-11.1%
Sep 2005	19.36%	+1.4%
Jun 2005	19.10%	+5.4%
Mar 2005	18.13%	-1.7%
Sep 2004	18.45%	-4.2%
Jun 2004	19.25%	-2.7%
Mar 2004	19.79%	+8.5%
Dec 2003	18.24%	-12.0%
Sep 2003	20.72%	+5.8%
Jun 2003	19.58%	-2.3%
Mar 2003	20.05%	+2.2%
Dec 2002	19.62%	-2.9%
Sep 2002	20.20%	+7.6%
Jun 2002	18.77%	+2.0%
Mar 2002	18.41%	+51.4%
Dec 2001	12.16%	-9.4%
Dec 2000	13.42%	+6.5%
Sep 2000	12.60%	+64.9%
Jun 2000	7.64%	-41.9%
Mar 2000	13.16%	-30.6%
Sep 1999	18.96%	+51.4%
Jun 1999	12.52%	+1.5%
Mar 1999	12.34%	-4.8%
Dec 1998	12.96%	+6.2%
Sep 1998	12.20%	-24.1%
Jun 1998	16.07%	+22.3%
Mar 1998	13.14%	+3,385.0%
Dec 1997	-0.40%	-102.2%
Sep 1997	18.22%	+5.2%
Jun 1997	17.32%	-

FAQ

What is the current quarterly operating margin of IRM?: As of today, IRM quarterly operating margin is 21.57%
What is IRM quarterly operating margin most recent change?: IRM quarterly operating margin was up +11.47% on September 30, 2026
What is 1-year change in IRM quarterly operating margin?: IRM quarterly operating margin is up +4.96% year-over-year
How far is IRM quarterly operating margin from its all-time high?: IRM quarterly operating margin is currently -28.17% below its historical high of 30.03% set on March 31, 2015
How does IRM quarterly operating margin rank versus sector peers?: IRM quarterly operating margin is higher than 54.47% of companies in Real Estate sector
When is IRM next earnings release?: The next earnings release for IRM is on February 11, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

IRM Official Website www.ironmountain.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1020569/000102056926000013/0001020569-26-000013-index.htm
IRM Profile on Yahoo Finance finance.yahoo.com/quote/IRM
IRM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/irm