(DLR) Digital Realty Trust - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US2538681030
Data Centers, Colocation, Interconnection
Total Rating 34
Risk 55
Buy Signal -1.05
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.02% |
| Yield on Cost 5y | 3.91% |
| Yield CAGR 5y | 1.27% |
| Payout Consistency | 98.5% |
| Payout Ratio | 3.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 23.3% |
| Relative Tail Risk | -2.58% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.11 |
| Alpha | -12.15 |
| Character TTM | |
|---|---|
| Beta | 0.766 |
| Beta Downside | 0.763 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.40% |
| CAGR/Max DD | 0.55 |
Description: DLR Digital Realty Trust January 29, 2026
Digital Realty Trust, Inc. (NYSE:DLR) owns, acquires, develops, and operates a global portfolio of data centers through its subsidiary Digital Realty Trust, L.P., delivering colocation and interconnection services to a broad set of industry verticals, including cloud providers, communications firms, financial institutions, and healthcare organizations.
As of September 30 2025 the company operates 311 data centers (including 89 held in unconsolidated entities) comprising roughly 42.7 million sq ft of leasable space, with an additional 10.2 million sq ft under active construction and 4.8 million sq ft earmarked for future development across North America, Europe, South America, Asia, Australia, and Africa. Recent quarterly filings show an occupancy rate of 96.1%, a 9% year-over-year increase in REIT-adjusted funds from operations (FFO), and a 4.2% annualized growth in total revenue driven by sustained demand for edge-computing capacity and hyperscale cloud expansion.
For a deeper, data-rich assessment of Digital Realty’s valuation dynamics, consider exploring the analytics available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 1.40b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 5.98 > 1.0 |
| NWC/Revenue: 11.55% < 20% (prev -16.42%; Δ 27.97% < -1%) |
| CFO/TA 0.05 > 3% & CFO 2.46b > Net Income 1.40b |
| Net Debt (16.21b) to EBITDA (3.73b): 4.34 < 3 |
| Current Ratio: 1.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (349.2m) vs 12m ago 3.86% < -2% |
| Gross Margin: 55.36% > 18% (prev 0.54%; Δ 5482 % > 0.5%) |
| Asset Turnover: 12.58% > 50% (prev 12.12%; Δ 0.46% > 0%) |
| Interest Coverage Ratio: 4.40 > 6 (EBITDA TTM 3.73b / Interest Expense TTM 426.2m) |
Altman Z'' -0.65
| A: 0.01 (Total Current Assets 4.91b - Total Current Liabilities 4.23b) / Total Assets 48.73b |
| B: -0.13 (Retained Earnings -6.36b / Total Assets 48.73b) |
| C: 0.04 (EBIT TTM 1.88b / Avg Total Assets 47.01b) |
| D: -0.56 (Book Value of Equity -13.25b / Total Liabilities 23.74b) |
| Altman-Z'' Score: -0.65 = B |
Beneish M -2.95
| DSRI: 1.09 (Receivables 1.50b/1.27b, Revenue 5.91b/5.49b) |
| GMI: 0.98 (GM 55.36% / 54.39%) |
| AQI: 0.98 (AQ_t 0.88 / AQ_t-1 0.90) |
| SGI: 1.08 (Revenue 5.91b / 5.49b) |
| TATA: -0.02 (NI 1.40b - CFO 2.46b) / TA 48.73b) |
| Beneish M-Score: -2.95 (Cap -4..+1) = A |
What is the price of DLR shares?
As of January 29, 2026, the stock is trading at USD 163.21 with a total of 1,383,233 shares traded.
Over the past week, the price has changed by +2.65%, over one month by +4.86%, over three months by -5.48% and over the past year by +3.76%.
Over the past week, the price has changed by +2.65%, over one month by +4.86%, over three months by -5.48% and over the past year by +3.76%.
Is DLR a buy, sell or hold?
Digital Realty Trust has received a consensus analysts rating of 4.07.
Therefore, it is recommended to buy DLR.
- StrongBuy: 12
- Buy: 7
- Hold: 6
- Sell: 2
- StrongSell: 0
What are the forecasts/targets for the DLR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 199.2 | 22% |
| Analysts Target Price | 199.2 | 22% |
| ValueRay Target Price | 181.2 | 11% |
DLR Fundamental Data Overview January 29, 2026
P/E Trailing = 40.9611
P/E Forward = 101.0101
P/S = 9.7684
P/B = 2.514
P/EG = 5.153
Revenue TTM = 5.91b USD
EBIT TTM = 1.88b USD
EBITDA TTM = 3.73b USD
Long Term Debt = 17.07b USD (from longTermDebt, last quarter)
Short Term Debt = 1.15b USD (from shortTermDebt, last quarter)
Debt = 19.51b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.21b USD (from netDebt column, last quarter)
Enterprise Value = 71.50b USD (55.29b + Debt 19.51b - CCE 3.30b)
Interest Coverage Ratio = 4.40 (Ebit TTM 1.88b / Interest Expense TTM 426.2m)
EV/FCF = 29.03x (Enterprise Value 71.50b / FCF TTM 2.46b)
FCF Yield = 3.44% (FCF TTM 2.46b / Enterprise Value 71.50b)
FCF Margin = 41.64% (FCF TTM 2.46b / Revenue TTM 5.91b)
Net Margin = 23.66% (Net Income TTM 1.40b / Revenue TTM 5.91b)
Gross Margin = 55.36% ((Revenue TTM 5.91b - Cost of Revenue TTM 2.64b) / Revenue TTM)
Gross Margin QoQ = 54.97% (prev 55.70%)
Tobins Q-Ratio = 1.47 (Enterprise Value 71.50b / Total Assets 48.73b)
Interest Expense / Debt = 0.58% (Interest Expense 113.6m / Debt 19.51b)
Taxrate = 15.51% (11.7m / 75.4m)
NOPAT = 1.58b (EBIT 1.88b * (1 - 15.51%))
Current Ratio = 1.16 (Total Current Assets 4.91b / Total Current Liabilities 4.23b)
Debt / Equity = 0.85 (Debt 19.51b / totalStockholderEquity, last quarter 23.03b)
Debt / EBITDA = 4.34 (Net Debt 16.21b / EBITDA 3.73b)
Debt / FCF = 6.58 (Net Debt 16.21b / FCF TTM 2.46b)
Total Stockholder Equity = 22.14b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.98% (Net Income 1.40b / Total Assets 48.73b)
RoE = 6.32% (Net Income TTM 1.40b / Total Stockholder Equity 22.14b)
RoCE = 4.78% (EBIT 1.88b / Capital Employed (Equity 22.14b + L.T.Debt 17.07b))
RoIC = 4.06% (NOPAT 1.58b / Invested Capital 39.01b)
WACC = 6.59% (E(55.29b)/V(74.80b) * Re(8.74%) + D(19.51b)/V(74.80b) * Rd(0.58%) * (1-Tc(0.16)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 6.87%
[DCF Debug] Terminal Value 77.13% ; FCFF base≈2.46b ; Y1≈1.62b ; Y5≈737.6m
Fair Price DCF = 9.26 (EV 19.39b - Net Debt 16.21b = Equity 3.18b / Shares 343.5m; r=6.59% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -10.56 | EPS CAGR: -39.47% | SUE: -1.14 | # QB: 0
Revenue Correlation: 93.45 | Revenue CAGR: 9.79% | SUE: 1.82 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.34 | Chg30d=+0.011 | Revisions Net=+2 | Analysts=10
EPS next Year (2026-12-31): EPS=3.61 | Chg30d=+0.809 | Revisions Net=+2 | Growth EPS=+21.0% | Growth Revenue=+11.2%
P/E Forward = 101.0101
P/S = 9.7684
P/B = 2.514
P/EG = 5.153
Revenue TTM = 5.91b USD
EBIT TTM = 1.88b USD
EBITDA TTM = 3.73b USD
Long Term Debt = 17.07b USD (from longTermDebt, last quarter)
Short Term Debt = 1.15b USD (from shortTermDebt, last quarter)
Debt = 19.51b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.21b USD (from netDebt column, last quarter)
Enterprise Value = 71.50b USD (55.29b + Debt 19.51b - CCE 3.30b)
Interest Coverage Ratio = 4.40 (Ebit TTM 1.88b / Interest Expense TTM 426.2m)
EV/FCF = 29.03x (Enterprise Value 71.50b / FCF TTM 2.46b)
FCF Yield = 3.44% (FCF TTM 2.46b / Enterprise Value 71.50b)
FCF Margin = 41.64% (FCF TTM 2.46b / Revenue TTM 5.91b)
Net Margin = 23.66% (Net Income TTM 1.40b / Revenue TTM 5.91b)
Gross Margin = 55.36% ((Revenue TTM 5.91b - Cost of Revenue TTM 2.64b) / Revenue TTM)
Gross Margin QoQ = 54.97% (prev 55.70%)
Tobins Q-Ratio = 1.47 (Enterprise Value 71.50b / Total Assets 48.73b)
Interest Expense / Debt = 0.58% (Interest Expense 113.6m / Debt 19.51b)
Taxrate = 15.51% (11.7m / 75.4m)
NOPAT = 1.58b (EBIT 1.88b * (1 - 15.51%))
Current Ratio = 1.16 (Total Current Assets 4.91b / Total Current Liabilities 4.23b)
Debt / Equity = 0.85 (Debt 19.51b / totalStockholderEquity, last quarter 23.03b)
Debt / EBITDA = 4.34 (Net Debt 16.21b / EBITDA 3.73b)
Debt / FCF = 6.58 (Net Debt 16.21b / FCF TTM 2.46b)
Total Stockholder Equity = 22.14b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.98% (Net Income 1.40b / Total Assets 48.73b)
RoE = 6.32% (Net Income TTM 1.40b / Total Stockholder Equity 22.14b)
RoCE = 4.78% (EBIT 1.88b / Capital Employed (Equity 22.14b + L.T.Debt 17.07b))
RoIC = 4.06% (NOPAT 1.58b / Invested Capital 39.01b)
WACC = 6.59% (E(55.29b)/V(74.80b) * Re(8.74%) + D(19.51b)/V(74.80b) * Rd(0.58%) * (1-Tc(0.16)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 6.87%
[DCF Debug] Terminal Value 77.13% ; FCFF base≈2.46b ; Y1≈1.62b ; Y5≈737.6m
Fair Price DCF = 9.26 (EV 19.39b - Net Debt 16.21b = Equity 3.18b / Shares 343.5m; r=6.59% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -10.56 | EPS CAGR: -39.47% | SUE: -1.14 | # QB: 0
Revenue Correlation: 93.45 | Revenue CAGR: 9.79% | SUE: 1.82 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.34 | Chg30d=+0.011 | Revisions Net=+2 | Analysts=10
EPS next Year (2026-12-31): EPS=3.61 | Chg30d=+0.809 | Revisions Net=+2 | Growth EPS=+21.0% | Growth Revenue=+11.2%