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Digital Realty Trust, Inc. logo

Digital Realty Trust, Inc.

DLR

NYSEReal EstateREIT - Specialty

Open in GoAI

Regular session

$184.64

−$5.98 · -3.14%

Aug 24, 10:20 AM ET

DLR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

72

Undervalued

Momentum

44

Neutral

Sentiment

58

Mixed

Risk resilience

70

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Industry
REIT - Specialty
Sector
Real Estate
Headquarters
US

Market position

Day range

Current $184.64

52-week range

Current $184.64

Open
$190.05
Previous close
$190.62
Volume
255.76K
Market cap
68.31B USD
50-day average
$187.01
-1.27% below average
200-day average
$177.71
+3.90% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
73.87B USD
EV / EBITDA
20.59×
Earnings yield
2.46%
Free cash flow yield
4.54%

Profitability & efficiency

Return on equity
5.71%
Return on assets
2.65%
Return on invested capital
1.30%

Financial health

Current ratio
4.5×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends65%44%24%3%Gross margin, FY2021: 59.84%Gross margin, FY2022: 57.00%Gross margin, FY2023: 52.56%Gross margin, FY2024: 54.65%Gross margin, FY2025: 55.39%Operating margin, FY2021: 15.67%Operating margin, FY2022: 12.57%Operating margin, FY2023: 9.58%Operating margin, FY2024: 8.49%Operating margin, FY2025: 10.77%Net margin, FY2021: 38.60%Net margin, FY2022: 8.05%Net margin, FY2023: 17.32%Net margin, FY2024: 10.85%Net margin, FY2025: 21.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.84%. Gross margin FY2022 57.00%. Gross margin FY2023 52.56%. Gross margin FY2024 54.65%. Gross margin FY2025 55.39%. Operating margin FY2021 15.67%. Operating margin FY2022 12.57%. Operating margin FY2023 9.58%. Operating margin FY2024 8.49%. Operating margin FY2025 10.77%. Net margin FY2021 38.60%. Net margin FY2022 8.05%. Net margin FY2023 17.32%. Net margin FY2024 10.85%. Net margin FY2025 21.41%.

Income trends

Revenue

6.11B USD+10.04%

Operating income

658.49M USD+39.55%

Net income

1.31B USD+117.20%
Income trends across reported periods6.69B USD4.39B USD2.1B USD−195.82M USDRevenue, FY2021: 4.43B USDRevenue, FY2022: 4.69B USDRevenue, FY2023: 5.48B USDRevenue, FY2024: 5.55B USDRevenue, FY2025: 6.11B USDOperating income, FY2021: 694.01M USDOperating income, FY2022: 589.97M USDOperating income, FY2023: 524.46M USDOperating income, FY2024: 471.86M USDOperating income, FY2025: 658.49M USDNet income, FY2021: 1.71B USDNet income, FY2022: 377.68M USDNet income, FY2023: 948.84M USDNet income, FY2024: 602.49M USDNet income, FY2025: 1.31B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.43B USD. Revenue FY2022 4.69B USD. Revenue FY2023 5.48B USD. Revenue FY2024 5.55B USD. Revenue FY2025 6.11B USD. Operating income FY2021 694.01M USD. Operating income FY2022 589.97M USD. Operating income FY2023 524.46M USD. Operating income FY2024 471.86M USD. Operating income FY2025 658.49M USD. Net income FY2021 1.71B USD. Net income FY2022 377.68M USD. Net income FY2023 948.84M USD. Net income FY2024 602.49M USD. Net income FY2025 1.31B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.11B USD5.55B USD5.48B USD4.69B USD4.43B USD
Cost of goods sold2.73B USD2.52B USD2.6B USD2.02B USD1.78B USD
Gross profit3.39B USD3.04B USD2.88B USD2.67B USD2.65B USD
Selling, general, and administrative560.55M USD480.02M USD449.06M USD422.17M USD400.65M USD
Operating expenses2.73B USD2.56B USD2.35B USD2.08B USD1.96B USD
Interest expense437.95M USD452.84M USD437.74M USD299.13M USD293.85M USD
Depreciation and amortization1.89B USD1.77B USD1.69B USD1.58B USD1.49B USD
Operating income658.49M USD471.86M USD524.46M USD589.97M USD694.01M USD
Net income1.31B USD602.49M USD948.84M USD377.68M USD1.71B USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

48 ratings
Strong buy12%
Buy3267%
Hold1429%
Sell12%
Strong sell00%

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$4.88

2025 complete year+5.2% since 2021

2026 partial: $2.44

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 15, 2026

$1.22

Quarterly

Record Sep 15, 2026 · Payment Sep 30, 2026

Dividend

Ex-dividend Jun 15, 2026

$1.22

Quarterly

Record Jun 15, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Mar 13, 2026

$1.22

Quarterly

Record Mar 13, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Dec 15, 2025

$1.22

Quarterly

Record Dec 15, 2025 · Payment Jan 16, 2026

Dividend

Ex-dividend Sep 15, 2025

$1.22

Quarterly

Record Sep 15, 2025 · Payment Sep 30, 2025

Dividend

Ex-dividend Jun 13, 2025

$1.22

Quarterly

Record Jun 13, 2025 · Payment Jun 30, 2025

DLR peers

Welltower Inc. logo

WELL

Welltower Inc.

$241.43

—

Prologis, Inc. logo

PLD

Prologis, Inc.

$143.2

—

American Tower Corporation logo

AMT

American Tower Corporation

$177.15

—

Simon Property Group, Inc. logo

SPG

Simon Property Group, Inc.

$221.22

—

Public Storage logo

PSA

Public Storage

$323.94

—

Realty Income Corporation logo

O

Realty Income Corporation

$63.23

—

ETFs holding DLR

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
2.46B
Weight
3.35%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$99.126+0.64%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
2.11B
Weight
0.09%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.64-0.42%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
1.72B
Weight
0.10%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$700.8-0.41%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
1.43B
Weight
0.64%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.795-0.22%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
886.35M
Weight
0.10%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$766.03-0.43%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
839.86M
Weight
0.10%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$762.42-0.43%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
630.93M
Weight
0.25%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.56+0.07%
Schwab U.S. REIT ETF logoSchwab U.S. REIT ETFSCHH
Market value
520.98M
Weight
4.57%
AUM
11.39B USD
Expense ratio
0.07%
Price / 1D
$24.195+0.64%

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