Non-Current Assets
Operating Lease ROU Assets
Iron Mountain Operating Lease ROU Assets decreased by 0.6% to $2.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $2.39B to $2.45B. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 2.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ3 2019
Last reportedQ4 2025
How to read this metric
An increase reflects expansion of office footprint or new lease agreements, while a decrease indicates lease expirations or downsizing.
Detailed definition
This asset represents the company's right to use an underlying leased asset, such as office space, over the lease term....
Peer comparison
Standard under IFRS 16 and ASC 842 for all companies with significant real estate leases.
Metric ID:
non_current_assets_operating_lease_right_of_use_assetHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.34B | $2.31B | $2.31B | $2.34B | $2.51B | $2.56B | $2.58B | $2.67B | $2.67B | $2.62B | $2.70B | $2.68B | $2.59B | $2.59B | $2.49B | $2.39B | $2.41B | $2.46B | $2.47B | $2.45B |
| QoQ Change | — | -1.5% | +0.3% | +1.3% | +7.2% | +1.7% | +1.1% | +3.2% | +0.2% | -1.9% | +2.9% | -0.7% | -3.1% | -0.1% | -3.9% | -4.2% | +1.2% | +1.7% | +0.4% | -0.6% |
| YoY Change | — | — | — | — | +7.3% | +10.8% | +11.6% | +13.8% | +6.3% | +2.5% | +4.3% | +0.4% | -2.9% | -1.1% | -7.6% | -10.9% | -6.9% | -5.2% | -1.0% | +2.7% |
Range$2.31B – $2.70B
CAGR+1.0%
Avg YoY Growth+1.5%
Median YoY Growth+1.5%
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is Iron Mountain's operating lease rou assets?
- Iron Mountain (IRM) reported operating lease rou assets of $2.45B in Q1 2026.
- How has Iron Mountain's operating lease rou assets changed year-over-year?
- Iron Mountain's operating lease rou assets increased by 2.7% year-over-year, from $2.39B to $2.45B.
- What is the long-term trend for Iron Mountain's operating lease rou assets?
- Over 5 years (2020 to 2025), Iron Mountain's operating lease rou assets has grown at a 2.3% compound annual growth rate (CAGR), from $2.20B to $2.47B.
- What does operating lease rou assets mean?
- The value of the company's right to use leased property over the remaining lease term.