IRON MOUNTAIN INC
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 14, 2025
IRM$110.85+4.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets, and
Part IV
CONSOLIDATED BALANCE SHEETS
(IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA)
| DECEMBER 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $155,716 | $222,789 |
| Accounts receivable (less allowances of $86,712 and $74,762 as of December 31, 2024 and 2023, respectively) | 1,291,379 | 1,259,826 |
| Prepaid expenses and other | 244,127 | 252,930 |
| Total Current Assets | 1,691,222 | 1,735,545 |
| Property, plant and equipment | 11,985,997 | 10,373,989 |
| Less—Accumulated depreciation | (4,354,398) | (4,059,120) |
| Property, Plant and Equipment, Net | 7,631,599 | 6,314,869 |
| Other Assets, Net: | ||
| Goodwill | 5,083,817 | 5,017,912 |
| Customer and supplier relationships and other intangible assets | 1,274,731 | 1,279,800 |
| Operating lease right-of-use assets | 2,489,893 | 2,696,024 |
| Other | 545,853 | 429,652 |
| Total Other Assets, Net | 9,394,294 | 9,423,388 |
| Total Assets | $18,717,115 | $17,473,802 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities: | ||
| Current portion of long-term debt | $715,109 | $120,670 |
| Accounts payable | 678,716 | 539,594 |
| Accrued expenses and other current liabilities (includes current portion of operating lease liabilities) | 1,366,568 | 1,250,259 |
| Deferred revenue | 326,882 | 325,665 |
| Total Current Liabilities | 3,087,275 | 2,236,188 |
| Long-term Debt, net of current portion | 13,003,977 | 11,812,500 |
| Long-term Operating Lease Liabilities, net of current portion | 2,334,826 | 2,562,394 |
| Other Long-term Liabilities | 312,199 | 237,590 |
| Deferred Income Taxes | 205,341 | 235,410 |
| Commitments and Contingencies | ||
| Redeemable Noncontrolling Interests | 78,171 | 177,947 |
| (Deficit) Equity: | ||
| Iron Mountain Incorporated Stockholders’ (Deficit) Equity: | ||
| Preferred stock (par value $0.01; authorized 10,000,000 shares; none issued and outstanding) | — | — |
| Common stock (par value $0.01; authorized 400,000,000 shares; issued and outstanding 293,592,637 shares and 292,142,739 shares as of December 31, 2024 and 2023, respectively) | 2,936 | 2,921 |
| Additional paid-in capital | 4,647,330 | 4,533,691 |
| (Distributions in excess of earnings) Earnings in excess of distributions | (4,583,436) | (3,953,808) |
| Accumulated other comprehensive items, Net | (569,952) | (371,156) |
| Total Iron Mountain Incorporated Stockholders’ (Deficit) Equity | (503,122) | 211,648 |
| Noncontrolling Interests | 198,448 | 125 |
| Total (Deficit) Equity | (304,674) | 211,773 |
| Total Liabilities and (Deficit) Equity | $18,717,115 | $17,473,802 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.