(DLR) Digital Realty Trust - Overview

Sector: Real Estate | Industry: REIT - Specialty | Exchange: NYSE (USA) | Market Cap: 65.816m USD | Total Return: 32.9% in 12m

Data Centers, Colocation, Interconnection
Total Rating 56
Safety 64
Buy Signal 0.37
REIT - Specialty
Industry Rotation: -10.2
Market Cap: 65.8B
Avg Turnover: 281M USD
ATR: 2.15%
Peers RS (IBD): 77.1
Risk 5d forecast
Volatility23.5%
Rel. Tail Risk-4.31%
Reward TTM
Sharpe Ratio1.23
Alpha15.75
Character TTM
Beta0.668
Beta Downside0.378
Drawdowns 3y
Max DD29.40%
CAGR/Max DD1.11
EPS (Earnings per Share) EPS (Earnings per Share) of DLR over the last years for every Quarter: "2021-03": 1.32, "2021-06": 0.45, "2021-09": 0.44, "2021-12": 3.71, "2022-03": 0.22, "2022-06": 0.19, "2022-09": 0.75, "2022-12": -0.02, "2023-03": 0.19, "2023-06": 0.37, "2023-09": 0.08, "2023-12": 0.08, "2024-03": 0.82, "2024-06": 0.2, "2024-09": 0.09, "2024-12": 0.2893, "2025-03": 0.3817, "2025-06": 0.3917, "2025-09": 0.15, "2025-12": 0.2388, "2026-03": 0,
EPS CAGR: -37.45%
EPS Trend: -14.5%
Last SUE: -1.51
Qual. Beats: 0
Revenue Revenue of DLR over the last years for every Quarter: 2021-03: 1090.391, 2021-06: 1093.188, 2021-09: 1133.136, 2021-12: 1111.167, 2022-03: 1127.322, 2022-06: 1139.322, 2022-09: 1192.083, 2022-12: 1233.108, 2023-03: 1338.723, 2023-06: 1366.267, 2023-09: 1402.432, 2023-12: 1369.639, 2024-03: 1331.143, 2024-06: 1356.749, 2024-09: 1431.214, 2024-12: 1435.862, 2025-03: 1407.637, 2025-06: 1493.15, 2025-09: 1577.234, 2025-12: 1712.393, 2026-03: null,
Rev. CAGR: 11.79%
Rev. Trend: 92.9%
Last SUE: 1.88
Qual. Beats: 3

Warnings

Altman Z'' 0.05 < 1.0 - financial distress zone

Tailwinds

No distinct edge detected

Description: DLR Digital Realty Trust

Digital Realty Trust Inc. operates as a real estate investment trust (REIT) specializing in data centers. The company acquires, develops, and manages data center facilities.

Digital Realty provides colocation and interconnection services to a diverse customer base, including cloud providers, financial institutions, and healthcare companies. Data center REITs typically generate revenue from leasing space and providing power to customers for their IT infrastructure.

As of December 2025, the companys portfolio included 310 data centers globally, encompassing 43.2 million square feet. The data center sector is characterized by high capital expenditure requirements for facility construction and maintenance.

Further research on platforms like ValueRay can provide detailed financial metrics and competitive analysis.

Headlines to Watch Out For
  • Hyperscale demand drives new data center leasing
  • Interest rate hikes increase borrowing costs
  • Cloud adoption fuels colocation and interconnection growth
  • Energy prices impact operating expenses
  • Global expansion exposes currency fluctuation risk
Piotroski VR‑10 (Strict) 4.0
Net Income: 1.31b TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA 1.73 > 1.0
NWC/Revenue: 64.83% < 20% (prev 9.04%; Δ 55.78% < -1%)
CFO/TA 0.05 > 3% & CFO 2.41b > Net Income 1.31b
Net Debt (20.73b) to EBITDA (3.79b): 5.48 < 3
Current Ratio: 4.50 > 1.5 & < 3
Outstanding Shares: last quarter (351.6m) vs 12m ago 3.19% < -2%
Gross Margin: 40.01% > 18% (prev 0.55%; Δ 3.95k% > 0.5%)
Asset Turnover: 13.07% > 50% (prev 12.27%; Δ 0.81% > 0%)
Interest Coverage Ratio: 4.32 > 6 (EBITDA TTM 3.79b / Interest Expense TTM 437.9m)
Altman Z'' 0.05
A: 0.08 (Total Current Assets 5.16b - Total Current Liabilities 1.15b) / Total Assets 49.41b
B: -0.14 (Retained Earnings -6.69b / Total Assets 49.41b)
C: 0.04 (EBIT TTM 1.89b / Avg Total Assets 47.35b)
D: -0.29 (Book Value of Equity -7.16b / Total Liabilities 24.56b)
Altman-Z'' Score: 0.05 = B
Beneish M -3.27
DSRI: 0.64 (Receivables 1.36b/1.90b, Revenue 6.19b/5.55b)
GMI: 1.37 (GM 40.01% / 54.65%)
AQI: 0.42 (AQ_t 0.36 / AQ_t-1 0.86)
SGI: 1.11 (Revenue 6.19b / 5.55b)
TATA: -0.02 (NI 1.31b - CFO 2.41b) / TA 49.41b)
Beneish M-Score: -3.27 (Cap -4..+1) = AA
What is the price of DLR shares? As of April 13, 2026, the stock is trading at USD 188.87 with a total of 872,675 shares traded.
Over the past week, the price has changed by +3.78%, over one month by +5.41%, over three months by +20.45% and over the past year by +32.85%.
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?
Analysts Target Price 198.8 5.2%
Digital Realty Trust (DLR) - Fundamental Data Overview as of 11 April 2026
P/E Trailing = 52.7031
P/E Forward = 106.383
P/S = 10.8237
P/B = 2.813
P/EG = 16.9645
Revenue TTM = 6.19b USD
EBIT TTM = 1.89b USD
EBITDA TTM = 3.79b USD
Long Term Debt = 18.40b USD (from longTermDebt, last quarter)
Short Term Debt = 1.15b USD (from shortTermDebt, last quarter)
Debt = 24.18b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 20.73b USD (from netDebt column, last quarter)
Enterprise Value = 86.55b USD (65.82b + Debt 24.18b - CCE 3.45b)
Interest Coverage Ratio = 4.32 (Ebit TTM 1.89b / Interest Expense TTM 437.9m)
EV/FCF = 371.3x (Enterprise Value 86.55b / FCF TTM 233.1m)
FCF Yield = 0.27% (FCF TTM 233.1m / Enterprise Value 86.55b)
FCF Margin = 3.77% (FCF TTM 233.1m / Revenue TTM 6.19b)
Net Margin = 21.14% (Net Income TTM 1.31b / Revenue TTM 6.19b)
Gross Margin = 40.01% ((Revenue TTM 6.19b - Cost of Revenue TTM 3.71b) / Revenue TTM)
Gross Margin QoQ = -1.41% (prev 54.97%)
Tobins Q-Ratio = 1.75 (Enterprise Value 86.55b / Total Assets 49.41b)
Interest Expense / Debt = 0.48% (Interest Expense 116.5m / Debt 24.18b)
Taxrate = 2.38% (32.0m / 1.35b)
NOPAT = 1.85b (EBIT 1.89b * (1 - 2.38%))
Current Ratio = 4.50 (Total Current Assets 5.16b / Total Current Liabilities 1.15b)
Debt / Equity = 1.05 (Debt 24.18b / totalStockholderEquity, last quarter 22.93b)
Debt / EBITDA = 5.48 (Net Debt 20.73b / EBITDA 3.79b)
Debt / FCF = 88.93 (Net Debt 20.73b / FCF TTM 233.1m)
Total Stockholder Equity = 22.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.76% (Net Income 1.31b / Total Assets 49.41b)
RoE = 5.81% (Net Income TTM 1.31b / Total Stockholder Equity 22.54b)
RoCE = 4.62% (EBIT 1.89b / Capital Employed (Equity 22.54b + L.T.Debt 18.40b))
RoIC = 4.64% (NOPAT 1.85b / Invested Capital 39.83b)
WACC = 6.22% (E(65.82b)/V(90.00b) * Re(8.33%) + D(24.18b)/V(90.00b) * Rd(0.48%) * (1-Tc(0.02)))
Discount Rate = 8.33% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.23%
[DCF] Terminal Value 79.63% ; FCFF base≈233.1m ; Y1≈153.1m ; Y5≈70.0m
 [DCF] Fair Price = N/A (negative equity: EV 2.08b - Net Debt 20.73b = -18.65b; debt exceeds intrinsic value)
 EPS Correlation: -14.53 | EPS CAGR: -37.45% | SUE: -1.51 | # QB: 0
Revenue Correlation: 92.91 | Revenue CAGR: 11.79% | SUE: 1.88 | # QB: 3
EPS next Quarter (2026-06-30): EPS=0.46 | Chg7d=+0.000 | Chg30d=+0.019 | Revisions Net=+0 | Analysts=17
EPS current Year (2026-12-31): EPS=3.61 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+129.4% | Growth Revenue=+9.7%
EPS next Year (2027-12-31): EPS=3.41 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=-5.7% | Growth Revenue=+10.6%
[Analyst] Revisions Ratio: +0.00 (4 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.4% (Discount Rate 8.3% - Earnings Yield 1.9%)
[Growth] Growth Spread = +3.4% (Analyst 9.8% - Implied 6.4%)
External Resources
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