Non-Current Assets

Net Investment in Lease

Iron Mountain Net Investment in Lease 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), Net Investment in Lease shows an upward trend with a 2.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ4 2025

How to read this metric

An increase indicates growth in the leasing portfolio, while a decrease suggests a contraction in lease originations.

Detailed definition

This is the aggregate of lease payments receivable and the unguaranteed residual value, discounted to present value. It...

Peer comparison

Standard metric for financial institutions with significant leasing operations; comparable across the banking sector.

Metric ID: net_investment_in_lease

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%

Frequently Asked Questions

What is Iron Mountain's net investment in lease?
Iron Mountain (IRM) reported net investment in lease of $2.45B in Q1 2026.
How has Iron Mountain's net investment in lease changed year-over-year?
Iron Mountain's net investment in lease increased by 2.7% year-over-year, from $2.39B to $2.45B.
What is the long-term trend for Iron Mountain's net investment in lease?
Over 5 years (2020 to 2025), Iron Mountain's net investment in lease has grown at a 2.3% compound annual growth rate (CAGR), from $2.20B to $2.47B.
What does net investment in lease mean?
The total value of future lease payments and asset residuals expected from the company's leasing business.