DLR Stock Analysis: Digital Realty Trust | NYSE
REIT - Specialty | NYSE, USA | Market Cap: 75.397m USD | 12M Return: 20.9% | US2538681030 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 461M
EPS Trend: 79.4%
Qual. Beats: 1
Rev. Trend: 91.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Digital Realty Trust, Inc. (NYSE: DLR) is a data center-focused real estate investment trust (REIT) that owns, acquires, develops, and operates data centers globally through its operating partnership, Digital Realty Trust, L.P. The company provides colocation and interconnection solutions to a diverse customer base spanning cloud and IT services, communications, financial services, manufacturing, energy, healthcare, and consumer products. As a member of the specialized Data Center REITs sub-industry, Digital Realty generates revenue primarily by leasing powered data center space and providing connectivity services to enterprise and technology clients.
Its portfolio includes facilities across North America, Europe, South America, Asia, Australia, and Africa, supporting mission-critical applications and operations for technology and corporate enterprise customers. Data Center REITs like DLR typically operate under a capital-intensive model that combines long-term real estate ownership with high recurring operating costs, and they generally qualify for tax-advantaged REIT status by distributing the majority of taxable income to shareholders. Digital Realty was incorporated in Maryland in 2004 and is headquartered in Austin, Texas.
- AI cloud buildout accelerates hyperscale leasing commitments
- Interest rate hikes compress REIT multiples and cap rates
- Power and grid constraints limit new data center supply
| Net Income: 799.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 3.80 > 1.0 |
| NWC/Revenue: 3.95% < 20% (prev 30.29%; Δ -26.34% < -1%) |
| CFO/TA 0.05 > 3% & CFO 2.97b > Net Income 799.0m |
| Net Debt (18.5b) to EBITDA (3.41b): 5.42 < 3 |
| Current Ratio: 1.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (361.5m) vs 12m ago 4.57% < -2% |
| Gross Margin: 13.77% > 18% (prev 55.17%; Δ -41.40% > 0.5%) |
| Asset Turnover: 13.27% > 50% (prev 11.84%; Δ 1.43% > 0%) |
| Interest Coverage Ratio: 3.07 > 6 (EBIT TTM 1.41b / Interest Expense TTM 460.4m) |
| A: 0.00 (Total Current Assets 4.22b - Total Current Liabilities 3.95b) / Total Assets 54.5b |
| B: -0.13 (Retained Earnings -6.94b / Total Assets 54.5b) |
| C: 0.03 (EBIT TTM 1.41b / Avg Total Assets 51.6b) |
| D: 1.10 (Book Value of Equity 27.4b / Total Liabilities 25.0b) |
| Altman-Z'' = 0.96 = BB |
| DSRI: 0.83 (Receivables 1.56b/1.59b, Revenue 6.85b/5.77b) |
| GMI: 4.01 (GM 55.17% / 13.77%) |
| AQI: 0.27 (AQ_t 0.23 / AQ_t-1 0.87) |
| SGI: 1.19 (Revenue 6.85b / 5.77b) |
| TATA: -0.04 (NI 799.0m - CFO 2.97b) / TA 54.5b) |
| Beneish M = -0.74 (Cap -4..+1) = D |
As of August 21, 2026, the stock is trading at USD 194.30 with a total of 1,363,502 shares traded. Over the past week, the price has changed by -1.66%, over one month by +10.24%, over three months by +2.59% and over the past year by +20.92%.
Current recommended Stop Loss: 179.10 (which is 7.8% or 2.8 ATR below the current price).
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
| Analysts Target Price | 223 | 14.8% |
P/E Trailing = 256.6026
P/E Forward = 81.9672
P/S = 11.1583
P/B = 2.7736
P/EG = 14.4887
Revenue TTM = 6.85b USD
EBIT TTM = 1.41b USD
EBITDA TTM = 3.41b USD
Long Term Debt = 18.4b USD (from longTermDebt, last fiscal year)
Short Term Debt = 709.8m USD (from shortTermDebt, last quarter)
Debt = 20.3b USD (corrected: LT Debt 18.4b + ST Debt 709.8m) + Leases 1.22b
Net Debt = 18.5b USD (calculated: Debt 20.3b - CCE 1.86b)
Enterprise Value = 93.9b USD (75.4b + Debt 20.3b - CCE 1.86b)
Interest Coverage Ratio = 3.07 (Ebit TTM 1.41b / Interest Expense TTM 460.4m)
EV/FCF = 68.74x (Enterprise Value 93.9b / FCF TTM 1.37b)
FCF Yield = 1.45% (FCF TTM 1.37b / Enterprise Value 93.9b)
FCF Margin = 19.94% (FCF TTM 1.37b / Revenue TTM 6.85b)
Net Margin = 11.67% (Net Income TTM 799.0m / Revenue TTM 6.85b)
Gross Margin = 13.77% ((Revenue TTM 6.85b - Cost of Revenue TTM 5.91b) / Revenue TTM)
Gross Margin QoQ = 8.42% (prev -3.80%)
Tobins Q-Ratio = 1.72 (Enterprise Value 93.9b / Total Assets 54.5b)
Interest Expense / Debt = 2.26% (Interest Expense 460.4m / Debt 20.3b)
Taxrate = 5.61% (51.7m / 921.7m)
NOPAT = 1.33b (EBIT 1.41b * (1 - 5.61%))
Current Ratio = 1.07 (Total Current Assets 4.22b / Total Current Liabilities 3.95b)
Debt / Equity = 0.74 (Debt 20.3b / totalStockholderEquity, last quarter 27.4b)
Debt / EBITDA = 5.42 (Net Debt 18.5b / EBITDA 3.41b)
Debt / FCF = 13.52 (Net Debt 18.5b / FCF TTM 1.37b)
Total Stockholder Equity = 24.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.55% (Net Income 799.0m / Total Assets 54.5b)
RoE = 3.30% (Net Income TTM 799.0m / Total Stockholder Equity 24.2b)
RoCE = 3.32% (EBIT 1.41b / Capital Employed (Equity 24.2b + L.T.Debt 18.4b))
RoIC = 2.62% (NOPAT 1.33b / Invested Capital 50.9b)
WACC = 6.85% (E(75.4b)/V(95.7b) * Re(8.12%) + D(20.3b)/V(95.7b) * Rd(2.26%) * (1-Tc(0.06)))
Discount Rate = 8.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 97.24 | Cagr: 5.46%
[DCF] Terminal Value 75.44% ; FCFF base≈1.37b ; Y1≈1.37b ; Y5≈1.45b
[DCF] Fair Price = 11.15 (EV 22.6b - Net Debt 18.5b = Equity 4.12b / Shares 370.0m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 79.42 | EPS CAGR: 46.76% | SUE: 1.92 | # QB: 1
Revenue Correlation: 91.45 | Revenue CAGR: 8.13% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.57 | Chg30d=-25.32% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=3.35 | Chg30d=+12.89% | Revisions=+40% | GrowthEPS=+112.9% | GrowthRev=+16.4%
EPS next Year (2027-12-31): EPS=2.89 | Chg30d=+0.95% | Revisions=+40% | GrowthEPS=-13.7% | GrowthRev=+10.7%
[Analyst] Revisions Ratio: +38% (up=4, down=1)