Skip to content

DLR

S&P 500
Neutral · 57/100

Digital Realty

Real Estate
Data Center REITs

$195.54

3.9%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 6.5% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$66.12B

P/E

47.48x

Forward P/E (est.)

33.92x

ROE

6.0%

Revenue Growth

12.6%

EPS Growth

211.7%

Profit Margin

21.7%

FCF Yield

5.1%

Debt / Equity

0.82x

ROIC

2.0%

Interest Coverage

1.5x

Current Ratio

Dividend Yield

2.6%

Implied Growth (rev. DCF)

Rating Score

57/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what DLR's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. DLR trades near $195.54, above its 50-day average ($192.40) and 200-day average ($174.25). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 45 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. DLR's is $4.68 (~2.4% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month DLR found buyers near $178.41 (support) and sellers near $194.89 (resistance); its 52-week range is $146.23–$208.14. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.4× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Digital Realty (DLR) is a large-cap company in the Data Center REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $66.12B.

In its latest reported year it generated about $6.11B in revenue and $1.31B in net profit.

Our model rates DLR Neutral (57/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

8.4%

Revenue moved from $4.43B in 2021 to $6.11B in 2025, a 8.4% compound annual growth rate. The most recent year grew a steady 12.6% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research

Gross Margin

58.1%

Operating Margin

10.8%

Net Margin

21.4%

ROE

6.0%

Digital Realty keeps about 21.7% of each sales dollar as net profit, with a 58.1% gross margin and 10.8% operating margin. Return on equity is 6.0% and return on invested capital about 2.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$3.27B

Net Debt

$845.22M

Net Debt / EBITDA

1.28x

Debt / Equity

0.82x

Leverage: debt-to-equity is 0.8x, and operating profit covers interest about 1.5x. That is a moderate, manageable debt load for most businesses. It carries roughly $3.27B of total debt against $2.43B of cash.

Cash Flow Analysis
Research

Operating CF

$2.41B

Free Cash Flow

$2.41B

FCF Margin

39.5%

In the latest year Digital Realty produced about $2.41B of operating cash flow and $2.41B of free cash flow after capital spending. That is a free-cash-flow yield of about 5.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

47.48x

P/S

10.83x

P/B

2.31x

EV / EBITDA

26.54x

DLR trades at 47.5x trailing earnings (about 33.9x on estimated forward earnings), 10.8x sales, and 2.3x book value. That is a rich multiple that prices in a lot of future growth.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
47.5xExpensive
Forward P/E
33.9xExpensive
P/S ratio
10.8xExpensive
Revenue growth
12.6%Strong
EPS growth
211.7%Strong
Gross margin
58.1%Strong
Net margin
21.7%Strong
ROE
6.0%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How DLR stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.

In the Real Estate sector (31 S&P 500 companies), DLR ranks #10 of 31 by our overall rating. It trades at a premium versus the sector on earnings (47.5x P/E vs. 30.8x median) with a lower return on equity (6.0% vs. 8.0%) and faster revenue growth (12.6% vs. 5.3%).

P/E vs sector

47.5x

median 30.8x

ROE vs sector

6.0%

median 8.0%

Growth vs sector

12.6%

median 5.3%

Sector rank

#10

of 31 by rating

CompanyP/ERev Gr.Rating
DLRThis stock47.5x12.6%Neutral· 57
EQIX73.7x6.7%Neutral· 42
SPG14.6x10.9%Strong· 73
O50.1x9.8%Neutral· 48
PSA29.4x2.9%Neutral· 54
AMT28.2x6.3%Favorable· 66
VTR152.3x20.7%Neutral· 44
CBRE29.1x14.8%Neutral· 52
Real Estate median30.8x5.3%53/100

Valuation vs. quality map

sector medianEQIXSPGOPSAAMTVTRCBREDLRP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$188.45$316.32

vs. $195.54 today · expected CAGR -1%10%

Metric20262027202820292030
Revenue$6.91B$7.81B$8.82B$9.97B$11.26B
Net income$1.45B$1.64B$1.85B$2.09B$2.37B
EPS$4.13$4.66$5.27$5.96$6.73
Share price (low)$115.58$130.60$147.58$166.77$188.45
Share price (high)$194.01$219.23$247.73$279.93$316.32
CAGR (low–high)-41% / -1%-18% / 6%-9% / 8%-4% / 9%-1% / 10%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for DLR:

  • Revenue is growing 12.6% a year, a sign of real demand.
  • High net margins (21.7%) point to pricing power or efficiency.
  • Healthy free-cash-flow yield (~5.1%) funds buybacks and dividends.
  • Pays a 2.6% dividend on top of any price gains.
Bear Case

The case against DLR:

  • Interest coverage is thin (1.5x), so debt costs bite.
  • A rich 47.5x earnings multiple prices in a lot of growth.
Key Risks
Research

Valuation risk — at 47.5x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Digital Realty is a large-cap real estate business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 47.5x earnings, which our model scores Neutral (57/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.