Digital Realty Trust, Inc. (DLR) Stock Analysis
Real Estate · REIT - Specialty · NYSE
Digital Realty Trust, Inc. (DLR) posted $6.11B in revenue for fiscal 2025 (up 10.0% year over year), at a 20.7% net margin, and has compounded revenue about 9.4%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Digital Realty Trust, Inc.
Digital Realty Trust, Inc. has grown revenue from $2.14B to $6.11B over the last 10 fiscal years, compounding about 9.4% a year. The most recent year was up 10%, roughly in line with its longer-run pace.
Net margin sits at 20.7%, up 10.6 points year over year.
Synthesised from Digital Realty Trust, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Digital Realty Trust, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.14B | $2.46B | $3.05B | $3.21B | $3.90B | $4.43B | $4.69B | $5.48B | $5.55B | $6.11B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $426.19M | $248.26M | $331.25M | $579.76M | $356.40M | $1.71B | $337.15M | $908.11M | $561.77M | $1.27B |
| Net margin | 19.9% | 10.1% | 10.9% | 18.1% | 9.1% | 38.6% | 7.2% | 16.6% | 10.1% | 20.7% |
Source: Digital Realty Trust, Inc. SEC filings (10-K). 17 years of history available in the interactive view.
Digital Realty Trust, Inc.: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
Explore 17 years of Digital Realty Trust, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Digital Realty Trust, Inc. financial history by metric
Compare Digital Realty Trust, Inc. with peers
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. (Digital Realty or the company) owns, acquires, develops, and operates data centers through its operating partnership subsidiary, Digital Realty Trust, L.P. The company is focused on providing data center, colocation, and interconnection solutions for domestic and international customers across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products. As of June 30, 2026, the company's 310 data centers, including 89 data centers held as investments in unconsolidated entities, contain applications and operations critical to the day-to-day operations of technology industry and corporate enterprise data center customers. Digital Realty's portfolio is comprised of approximately 3.1 gigawatts of IT capacity, as well as approximately 8.5 gigawatts of buildable IT capacity under active development and held for future development, located throughout North America, Europe, South America, Asia, Australia, and Africa. Digital Realty Trust, Inc. was established and incorporated on March 09, 2004 in Maryland and is based in Austin, Texas.
Digital Realty Trust, Inc. — frequently asked questions
What is Digital Realty Trust, Inc.'s revenue?
Digital Realty Trust, Inc. (DLR) reported revenue of $6.11B for fiscal year 2025, up 10.0% from the prior year, according to its SEC filings.
Is Digital Realty Trust, Inc. profitable?
Yes. DLR earned net income of $1.27B in fiscal 2025, a net margin of 20.7%.
What is DLR's P/E ratio?
Digital Realty Trust, Inc. trades at a price-to-earnings ratio of about 238.6 based on the latest data in our nightly-refreshed cache.
How fast is Digital Realty Trust, Inc. growing?
DLR's revenue grew at roughly 9.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Digital Realty Trust, Inc. have?
As of fiscal year 2025, DLR carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Digital Realty Trust, Inc.'s market cap?
Digital Realty Trust, Inc. (DLR) has a market capitalization of about $70.93B, based on the latest data in our nightly-refreshed cache.
When does Digital Realty Trust, Inc.'s fiscal year end?
DLR's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Digital Realty Trust, Inc.'s official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.