Iron Mountain Reports Record Q4 and Full Year 2024 Results, Increases Dividend

Summary

Iron Mountain Incorporated announced its financial results for the fourth quarter and full year of 2024, reporting record quarterly and full-year revenue of $1.6 billion and $6.1 billion, respectively. The company also reported record Adjusted EBITDA of $605 million for the quarter and $2.2 billion for the full year. Net income for Q4 2024 was $106 million and for the full year 2024 was $184 million. The company issued strong 2025 guidance and increased its quarterly dividend by 10%.