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NLOP vs. IRM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NLOP and IRM is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

NLOP vs. IRM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Net Lease Office Properties (NLOP) and Iron Mountain Incorporated (IRM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NLOP:

1.25

IRM:

0.84

Sortino Ratio

NLOP:

1.82

IRM:

1.21

Omega Ratio

NLOP:

1.21

IRM:

1.18

Calmar Ratio

NLOP:

1.78

IRM:

0.71

Martin Ratio

NLOP:

5.72

IRM:

1.58

Ulcer Index

NLOP:

6.00%

IRM:

17.61%

Daily Std Dev

NLOP:

28.85%

IRM:

33.11%

Max Drawdown

NLOP:

-19.23%

IRM:

-55.71%

Current Drawdown

NLOP:

-6.36%

IRM:

-21.76%

Fundamentals

Market Cap

NLOP:

$462.35M

IRM:

$29.12B

EPS

NLOP:

-$4.27

IRM:

$0.41

PS Ratio

NLOP:

3.63

IRM:

4.65

PB Ratio

NLOP:

0.79

IRM:

1.52K

Total Revenue (TTM)

NLOP:

$127.76M

IRM:

$6.27B

Gross Profit (TTM)

NLOP:

$43.26M

IRM:

$3.29B

EBITDA (TTM)

NLOP:

$5.02M

IRM:

$2.40B

Returns By Period

In the year-to-date period, NLOP achieves a 0.00% return, which is significantly higher than IRM's -5.23% return.


NLOP

YTD

0.00%

1M

2.33%

6M

-4.67%

1Y

31.47%

3Y*

N/A

5Y*

N/A

10Y*

N/A

IRM

YTD

-5.23%

1M

7.47%

6M

-18.93%

1Y

25.94%

3Y*

27.57%

5Y*

37.76%

10Y*

17.82%

*Annualized

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Net Lease Office Properties

Iron Mountain Incorporated

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

NLOP vs. IRM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NLOP
The Risk-Adjusted Performance Rank of NLOP is 8585
Overall Rank
The Sharpe Ratio Rank of NLOP is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of NLOP is 8282
Sortino Ratio Rank
The Omega Ratio Rank of NLOP is 7777
Omega Ratio Rank
The Calmar Ratio Rank of NLOP is 9191
Calmar Ratio Rank
The Martin Ratio Rank of NLOP is 8888
Martin Ratio Rank

IRM
The Risk-Adjusted Performance Rank of IRM is 7373
Overall Rank
The Sharpe Ratio Rank of IRM is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of IRM is 7070
Sortino Ratio Rank
The Omega Ratio Rank of IRM is 7272
Omega Ratio Rank
The Calmar Ratio Rank of IRM is 7878
Calmar Ratio Rank
The Martin Ratio Rank of IRM is 6969
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NLOP vs. IRM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Net Lease Office Properties (NLOP) and Iron Mountain Incorporated (IRM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current NLOP Sharpe Ratio is 1.25, which is higher than the IRM Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of NLOP and IRM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

NLOP vs. IRM - Dividend Comparison

NLOP has not paid dividends to shareholders, while IRM's dividend yield for the trailing twelve months is around 2.90%.


TTM20242023202220212020201920182017201620152014
NLOP
Net Lease Office Properties
0.00%0.00%1.84%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IRM
Iron Mountain Incorporated
2.90%3.34%3.63%4.96%4.73%8.39%7.69%7.32%5.93%6.17%7.07%6.05%

Drawdowns

NLOP vs. IRM - Drawdown Comparison

The maximum NLOP drawdown since its inception was -19.23%, smaller than the maximum IRM drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for NLOP and IRM.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

NLOP vs. IRM - Volatility Comparison

The current volatility for Net Lease Office Properties (NLOP) is 3.63%, while Iron Mountain Incorporated (IRM) has a volatility of 7.47%. This indicates that NLOP experiences smaller price fluctuations and is considered to be less risky than IRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

NLOP vs. IRM - Financials Comparison

This section allows you to compare key financial metrics between Net Lease Office Properties and Iron Mountain Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50BJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
29.21M
1.59B
(NLOP) Total Revenue
(IRM) Total Revenue
Values in USD except per share items

NLOP vs. IRM - Profitability Comparison

The chart below illustrates the profitability comparison between Net Lease Office Properties and Iron Mountain Incorporated over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-20.0%0.0%20.0%40.0%60.0%80.0%100.0%JulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
66.3%
55.4%
(NLOP) Gross Margin
(IRM) Gross Margin
NLOP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Net Lease Office Properties reported a gross profit of 19.36M and revenue of 29.21M. Therefore, the gross margin over that period was 66.3%.

IRM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Iron Mountain Incorporated reported a gross profit of 882.33M and revenue of 1.59B. Therefore, the gross margin over that period was 55.4%.

NLOP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Net Lease Office Properties reported an operating income of 7.83M and revenue of 29.21M, resulting in an operating margin of 26.8%.

IRM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Iron Mountain Incorporated reported an operating income of 254.29M and revenue of 1.59B, resulting in an operating margin of 16.0%.

NLOP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Net Lease Office Properties reported a net income of 492.00K and revenue of 29.21M, resulting in a net margin of 1.7%.

IRM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Iron Mountain Incorporated reported a net income of 15.95M and revenue of 1.59B, resulting in a net margin of 1.0%.