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NYSE · Real Estate

DIGITAL REALTY TRUST, INC. (DLR)

As-reported financials and recent SEC filings for DIGITAL REALTY TRUST, INC., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About DIGITAL REALTY TRUST, INC.

Digital Realty Trust, Inc. is a global provider of data center, colocation, and interconnection solutions. The company owns, acquires, develops, and operates data centers across multiple continents, serving enterprises and service providers of various sizes. Its services support digital infrastructure needs, enabling customers to deploy critical IT infrastructure with global coverage and connectivity.

Snapshot

Revenue
$6.11B
Revenue growth (YoY)
10.0%
Net income
$1.31B
Diluted EPS
$3.58
Gross margin
Operating margin
10.8%
Net margin
21.4%
FCF margin
ROE
P/E (TTM)
376.5×
Market cap
$73.66B
Debt / equity

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Digital Realty Trust

  • Revenue grew 10.0% to $6.1B in FY2025, faster than the 1.4% the year before.
  • Operating margin is 10.8% in FY2025, -4.9 pp against 15.7% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $1.6B, up 16.2% from Q1 FY2025.
  • Net income rose 117.2% to $1.3B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Digital Realty Trust’s fundamentals sit among the 165 REITs. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin10.8%
25th percentile of 81
Net margin21.4%
68th percentile of 156
Revenue growth (YoY)+10.0%
78th percentile of 161
P/E (TTM)376.5×
98th percentile of 108
Short interest2.14d
15th percentile of 154

Digital Realty Trust’s P/E of 376.5 ranks in the 98th percentile of the 108 peers with a meaningful P/E.

No open-market insider transactions recorded in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
5
3 trimmed, 2 exited
Combined position
$446.8M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ1 2026$194.6M1.1MAdded
Millennium ManagementquantQ1 2026$96.1M533.3KAdded
Gotham Asset ManagementQ1 2026$52.7M292.6KAdded
AQR Capital ManagementquantQ1 2026$50.5M283.5KReduced
Citadel AdvisorsquantQ1 2026$17.5M97.0KReduced
Two Sigma InvestmentsquantQ1 2026$16.6M92.0KReduced
Soros Fund ManagementQ1 2026$10.3M57.4KHeld
Renaissance TechnologiesquantQ1 2026$5.9M32.9KAdded
Bridgewater AssociatesQ1 2026$2.6M14.7KAdded

No longer held by: Point72 Asset Management (as of Q1 2026), Viking Global Investors (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
8.5M
settled 2026-07-15
Change vs prior
+5.1%
vs previous settlement
Days to cover
2.14
at avg daily volume
Avg daily volume
4.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-158.5M+5.1%2.14
2026-06-308.1M-0.3%1.95
2026-06-158.1M+10.5%3.45
2026-05-297.3M+2.4%3.86
2026-05-157.1M-9.6%3.75
2026-04-307.9M-8.7%3.27
2026-04-158.6M-6.8%4.49
2026-03-319.3M-11.7%5.02

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$6.11B$5.55B$5.48B$4.69B$4.43B
Gross profit
Operating income$658.5M$471.9M$524.5M$590.0M$694.0M
Net income$1.31B$602.5M$948.8M$377.7M$1.71B
Diluted EPS$3.58$1.61$2.88$1.11$5.94

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$3.45B$3.87B$1.63B$141.8M$142.7M
Current assets
Total assets$49.41B$45.28B$44.11B$41.48B$36.37B
Current liabilities
Long-term debt
Total liabilities$24.56B$22.11B$23.12B$21.86B$17.85B
Total equity$23.35B$21.74B$19.60B$18.11B$18.48B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$2.41B$2.26B$1.63B$1.66B$1.70B
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$1.64B16.2%$179.3M$0.46
Q4 FY2025$1.63B13.8%$98.6M$0.28
Q3 FY2025$1.58B10.2%$67.8M$0.15
Q2 FY2025$1.49B10.1%$1.03B$2.94
Q1 FY2025$1.41B5.7%$110.0M$0.27
Q4 FY2024$1.44B4.8%$189.6M$0.56
Q3 FY2024$1.43B2.1%$51.2M$0.09
Q2 FY2024$1.36B-0.7%$80.2M$0.20

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorReal Estate
SIC industryReal Estate Investment Trusts
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2017
SEC CIK1297996

Recent SEC filings

10-K2026-02-13
View on EDGAR →
10-K2025-02-25
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
10-Q2025-10-31
View on EDGAR →
10-Q2025-08-01
View on EDGAR →
10-Q2025-05-01
View on EDGAR →
8-K2026-07-23
View on EDGAR →
8-K2026-07-01
View on EDGAR →

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DLR head to head

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.