Digital Realty Trust, Inc. logo DLR - Digital Realty Trust, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 28
HOLD 18
SELL 1
STRONG
SELL
0
| PRICE TARGET: $208.92 DETAILS
HIGH: $235.00
LOW: $180.00
MEDIAN: $210.50
CONSENSUS: $208.92
UPSIDE: 8.80%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue
Revenue 6,112.7 5,555.0 5,477.1 4,691.8 4,427.9 3,903.6 3,209.2 3,046.5 2,457.9 2,142.2 1,763.3 1,617.6 1,482.3 1,274.5 1,062.7 865.4 637.1 527.4 384.8 274.7 208.8 107.1 63.1 25.5
Cost of Revenue 2,726.7 2,519.1 2,598.1 2,017.6 1,778.3 1,514.1 1,192.8 1,098.0 894.6 762.7 642.5 594.7 546.9 452.3 380.6 296.2 212.2 182.2 136.4 86.1 0 0 8.6 0
Gross Profit 3,386.0 3,035.9 2,879.0 2,674.3 2,649.6 2,389.5 2,016.5 1,948.5 1,563.3 1,379.5 1,120.9 1,021.8 935.3 826.8 682.1 569.2 424.9 345.2 258.8 185.9 191.6 90.9 54.5 25.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 560.5 480.0 449.1 422.2 400.7 351.4 211.1 163.7 161.4 162.2 114.4 101.8 74.4 66.8 61.6 55.3 48.3 43.4 36.3 24.1 12.6 21.0 0.3 0.2
Other Expenses 2,166.9 2,084.0 1,905.5 1,662.1 1,554.9 1,480.6 1,211.2 1,235.0 950.6 720.0 604.6 661.3 479.1 393.9 316.2 271.6 198.8 173.5 134.8 87.2 119.4 53.3 24.9 19.9
Operating Expenses 2,727.5 2,564.0 2,354.5 2,084.3 1,955.6 1,832.0 1,422.3 1,398.7 1,112.0 882.3 719.0 763.1 553.5 460.7 377.8 326.9 247.1 216.8 171.2 111.4 132.0 74.3 25.2 20.2
Operating Income
Operating Income 658.5 471.9 524.5 590.0 694.0 557.5 594.2 549.8 451.3 497.3 401.9 258.7 381.8 366.1 304.3 242.3 177.8 128.4 87.7 74.6 59.6 16.6 26.3 5.3
Interest Expense 437.9 452.8 437.7 299.1 293.8 333.0 353.1 321.5 258.6 241.0 203.8 191.1 189.4 157.1 149.3 137.4 88.4 63.6 67.1 49.6 0 0 0 0
Interest Income 0 0 0 0 0 0 0 3.5 3.7 0 0 2.7 0.1 1.9 3.3 0.6 0.8 2.1 2.3 1.3 0 0 0 0
Profitability
EBITDA 3,587.5 2,867.7 3,158.5 2,288.9 3,600.7 2,100.2 2,128.0 1,851.6 1,365.3 1,382.6 1,082.4 938.3 986.6 758.4 621.9 508.6 378.8 305.0 224.8 161.6 116.3 41.7 41.4 13.0
EBIT 1,692.8 1,095.9 1,463.6 711.0 2,114.1 733.8 964.3 664.7 522.8 683.3 511.9 399.7 511.1 375.8 311.4 244.6 180.7 132.6 90.4 75.5 60.6 16.6 26.3 5.3
Income Before Tax 1,345.2 643.1 1,025.9 411.9 1,820.2 400.8 611.2 343.2 264.2 442.2 215.7 208.7 321.7 218.7 162.1 107.3 92.3 70.5 25.2 26.6 24.4 (5.7) 0 0
Income Tax Expense 32.0 54.8 75.6 31.6 72.8 38.0 12.0 2.1 7.9 10.4 6.5 5.2 1.3 2.6 (0.0) 1.9 1.0 0 0 0 0 0 17.1 5.4
Net Income 1,308.6 602.5 948.8 377.7 1,709.3 356.4 579.8 331.2 248.3 426.2 204.3 200.2 314.5 210.3 156.3 102.3 87.7 67.7 22.5 13.3 16.1 4.6 16.6 (0.1)
Per Share Data
EPS (Basic) 3.73 1.74 3.04 1.18 5.95 1.01 2.37 1.21 0.99 2.21 1.57 1.00 2.12 1.48 1.33 0.69 0.62 0.42 0.31 0.49 0.25 0.22 0.83 -0.00
EPS (Diluted) 3.58 1.61 3.00 1.11 5.94 1.00 2.35 1.21 0.99 2.20 1.56 1.00 2.12 1.48 1.32 0.68 0.61 0.41 0.30 0.47 0.25 0.22 0.83 -0.00
Shares Outstanding 343.5 323.3 298.6 286.3 282.5 260.1 208.3 206.0 174.1 150.0 138.2 133.4 127.9 115.7 98.4 84.3 76.0 68.8 60.5 36.1 24.0 20.8 20 20
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002
Current Assets
Cash & Cash Equivalents 3,451.6 3,870.9 1,625.5 141.8 142.7 108.5 89.8 126.7 0.1 10.5 72.3 73.3 4.6 5.2 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,358.9 1,899.9 1,902.5 1,570.9 1,219.1 603.1 305.5 299.6 276.3 203.9 46.1 39.1 15.3 6.3 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 349.8 (642.5) (145.9) (601.6) (547.4) 0 229.9 0 152.7 67.6 145.6 100.0 (7.6) (11.5) 0
Total Current Assets 5,160.4 5,128.4 3,382.1 1,111.1 814.4 711.6 625.3 426.3 429.1 282.1 264.0 212.4 7.6 11.5 0
Non-Current Assets
Property, Plant & Equipment 26,433.6 1,178.9 1,414.3 1,351.3 1,405.4 1,387.0 628.7 0 0 0 3,150.8 2,738.0 787.4 394.2 0
Goodwill 9,712.0 8,929.4 9,239.9 9,208.5 7,937.4 8,331.0 3,363.1 4,348.0 3,389.6 753.0 0 0 0 0 0
Intangible Assets 2,134.7 2,178.1 2,500.2 3,092.6 2,735.5 3,122.9 2,270.1 3,264.2 3,183.2 1,544.6 250.1 253.7 0 0 0
Long-Term Investments 3,427.9 2,639.8 2,295.9 1,991.4 1,807.7 1,148.2 1,287.1 175.1 163.5 106.4 6.4 8.5 0 0 0
Other Non-Current Assets 2,541.9 25,229.1 25,280.9 24,730.1 21,669.1 21,375.7 14,893.9 15,553.1 14,239.0 9,506.6 73.8 67.0 (787.4) (394.2) 0
Total Non-Current Assets 44,250.1 40,155.3 40,731.2 40,373.9 35,555.1 35,364.7 22,442.9 23,340.4 20,975.3 11,910.5 3,481.1 3,067.3 0 0 0
Total Assets 49,410.5 45,283.6 44,113.3 41,485.0 36,369.6 36,076.3 23,068.1 23,766.7 21,404.3 12,192.6 3,745.1 3,279.7 1,013.3 479.7 269.8
Current Liabilities
Account Payables 2,601.0 2,056.2 2,169.0 1,868.9 1,543.6 1,420.2 831.1 1,164.5 980.2 824.9 151.2 171.2 0 0 0
Short-Term Debt 1,147.4 1,611.3 1,812.3 2,150.5 398.2 531.9 234.1 1,647.7 550.9 199.2 0 0 44 44.4 53
Deferred Revenue 0 539.8 401.9 369.7 336.6 371.7 208.7 209.3 199.8 144.2 0 0 0 0 0
Other Current Liabilities (2,601.0) 0 39.0 0 0 (371.7) (206.0) (209.3) (212.9) (165.5) 0 0 (65.1) (44.4) (53)
Total Current Liabilities 1,147.4 4,626.0 4,810.1 4,752.7 2,617.1 2,276.5 1,302.5 3,029.5 1,736.0 1,170.9 188.2 197.3 0 0 0
Non-Current Liabilities
Long-Term Debt 20,003.9 15,103.1 15,613.6 14,446.4 13,050.0 12,772.8 9,888.3 9,453.7 8,097.7 5,639.4 1,784.4 1,395.7 475.5 253.4 0
Deferred Tax Liabilities 1,124.7 1,084.6 1,151.1 1,192.8 666.5 698.3 147.4 0 569.2 385.7 0 0 0 0 0
Other Non-Current Liabilities (742.5) 0 0 0 0 371.7 208.7 409.4 467.4 250.0 137.6 123.6 (475.5) (253.4) 0
Total Non-Current Liabilities 23,417.1 17,481.8 18,306.8 17,110.1 15,228.7 15,311.5 11,116.1 9,863.2 8,565.0 5,889.4 1,922.0 1,519.3 0 0 0
Total Liabilities 24,564.5 22,107.8 23,116.9 21,862.9 17,845.8 17,587.9 12,418.6 12,892.7 10,301.0 7,060.3 2,110.3 1,716.6 584.2 328.3 183.5
Stockholders' Equity
Common Stock 3.4 3.3 3.1 2.9 2.8 2.8 2.1 2.1 2.0 1.6 0.8 0.7 0.2 0 0
Retained Earnings (6,690.7) 0 (5,262.6) (4,698.3) (3,631.9) (3,997.9) (3,046.6) (2,633.1) (2,055.6) (1,547.4) (231.9) (161.4) (9.5) 0 0
Accumulated Other Comprehensive Income (469.2) (7,474.4) (751.4) (5,294.1) (3,805.8) (3,862.9) (3,134.5) (2,748.7) (2,164.0) (1,683.0) (27.9) (49.5) 0.1 0 0
Total Stockholders' Equity 22,925.7 21,340.4 19,117.5 17,583.3 18,004.6 17,717.7 9,879.3 9,858.6 10,349.1 5,096.0 1,559.0 1,492.8 173.2 148.0 83.2
Total Liabilities & Equity 49,410.5 45,283.6 44,113.3 41,485.0 36,369.6 36,076.3 23,068.1 23,766.7 21,404.3 12,192.6 3,745.1 3,279.7 1,013.3 479.7 269.8
Debt Metrics
Total Debt 24,182.2 18,008.6 18,968.0 18,067.8 14,960.4 14,773.4 10,994.1 11,101.5 8,648.6 5,838.6 1,784.4 1,395.7 519.5 297.9 53
Net Debt 20,730.6 14,137.7 17,342.5 17,926.1 14,817.7 14,664.9 10,904.3 10,974.8 8,648.6 5,828.1 1,712.1 1,322.3 514.9 292.7 53
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003
Operating Activities
Net Income 1,308.6 602.5 950.3 380.3 1,747.4 362.7 599.2 341.1 256.3 431.9 16.1 4.6 16.6
Depreciation & Amortization 1,894.6 1,771.8 1,694.9 1,577.9 1,486.6 1,366.4 809.5 770.3 595.0 518.7 33.8 18.3 9.5
Stock-Based Compensation 0 75.6 80.5 92.5 84.1 74.6 34.9 27.2 20.5 17.4 0.3 17.9 0
Change in Working Capital 37.3 24.7 (379.8) (230.3) (309.8) (8.4) (30.5) (130.5) (107.7) (43.9) (5.3) (4.7) 0.6
Other Non-Cash Items (828.3) (213.1) (711.2) (161.0) 52.1 31.9 387.0 458.2 262.9 155.6 35.5 22.8 2.2
Operating Cash Flow 2,412.1 2,261.5 1,634.8 1,659.4 1,702.2 1,706.5 1,513.8 1,385.3 1,023.3 912.3 82.8 44.6 29.0
Investing Activities
Capital Expenditure 0 (2,831.7) (3,525.6) (2,643.1) (2,520.8) (2,178.7) (1,503.0) (1,373.7) (1,201.5) (774.3) (472.9) (357.7) (215.3)
Acquisitions 0 (508.0) (146.8) (2,226.3) (189.3) (23.2) 1,296.7 115.3 63.0 (873.3) 0 0 0
Purchases of Investments 0 0 0 (296.1) 827.0 (144.3) (2.6) (13.3) (93.4) 0 0 (13.6) 0
Sales/Maturities of Investments 0 0 0 271.6 1,693.7 70.0 1,494.9 0 64.0 364.8 0 0 0
Other Investing Activities (2,230.5) (1,398.2) (968.3) 194.5 (872.4) (323.1) (1,561.0) (3,138.1) (1,484.1) (426.1) (7.9) (371.3) 0
Investing Cash Flow (2,230.5) (1,906.2) (1,115.1) (4,699.4) (1,061.7) (2,599.3) (275.0) (3,036.0) (1,357.2) (1,299.4) (480.8) (371.3) (215.3)
Financing Activities
Net Debt Issuance 190.6 37.3 334.4 3,395.0 727.4 710.2 (493.5) 2,662.7 833.0 196.7 209.8 134.1 142.2
Stock Repurchased 0 0 0 0 0 0 0 (3.9) (182.5) (287.5) (13.7) 0 0
Dividends Paid (1,728.5) (1,633.2) (1,520.6) (1,450.6) (1,379.2) (1,239.3) (996.8) (930.8) (715.2) (605.4) (58.4) (68.6) 0
Other Financing Activities (54.9) 8.6 (57.5) 96.4 90.3 84.9 47.7 25.4 (19.6) 759.4 (5.3) 29.7 45.7
Financing Cash Flow (486.7) 2,063.4 963.5 2,969.1 (590.6) 935.7 (1,272.0) 1,757.3 321.2 351.9 404.3 326.0 187.9
Cash Position
Net Change in Cash (419.2) 2,240.2 1,485.8 (0.8) 27.8 26.4 (38.0) 122.0 (8.9) (46.5) 6.4 (0.6) 1.6
Cash at Beginning 3,870.9 1,636.5 150.7 151.5 123.7 97.3 135.2 13.2 22.0 57.1 4.6 5.2 3.6
Cash at End 3,451.6 3,876.7 1,636.5 150.7 151.5 123.7 97.3 135.2 13.2 10.5 10.9 4.6 5.2
Free Cash Flow 2,412.1 (570.3) (1,890.8) (983.7) (818.5) (472.1) 10.8 11.7 (178.2) 137.9 (390.1) (313.1) (186.3)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Income Statement
Revenue 6,112.7 5,555.0 5,477.1 4,691.8 4,427.9 3,903.6 3,209.2 3,046.5 2,457.9 2,142.2 1,763.3 1,617.6 1,482.3 1,274.5 1,062.7 865.4 637.1 527.4 384.8 274.7 208.8 107.1 63.1 25.5
Gross Profit 3,386.0 3,035.9 2,879.0 2,674.3 2,649.6 2,389.5 2,016.5 1,948.5 1,563.3 1,379.5 1,120.9 1,021.8 935.3 826.8 682.1 569.2 424.9 345.2 258.8 185.9 191.6 90.9 54.5 25.5
Operating Income 658.5 471.9 524.5 590.0 694.0 557.5 594.2 549.8 451.3 497.3 401.9 258.7 381.8 366.1 304.3 242.3 177.8 128.4 87.7 74.6 59.6 16.6 26.3 5.3
Net Income 1,308.6 602.5 948.8 377.7 1,709.3 356.4 579.8 331.2 248.3 426.2 204.3 200.2 314.5 210.3 156.3 102.3 87.7 67.7 22.5 13.3 16.1 4.6 16.6 (0.1)
EPS (Diluted) 3.58 1.61 3.00 1.11 5.94 1.00 2.35 1.21 0.99 2.20 1.56 1.00 2.12 1.48 1.32 0.68 0.61 0.41 0.30 0.47 0.25 0.22 0.83 -0.00
Balance Sheet
Cash & Equivalents 3,451.6 3,870.9 1,625.5 141.8 142.7 108.5 89.8 126.7 0.1 10.5 72.3 73.3 4.6 5.2 0
Total Assets 49,410.5 45,283.6 44,113.3 41,485.0 36,369.6 36,076.3 23,068.1 23,766.7 21,404.3 12,192.6 3,745.1 3,279.7 1,013.3 479.7 269.8
Total Debt 24,182.2 18,008.6 18,968.0 18,067.8 14,960.4 14,773.4 10,994.1 11,101.5 8,648.6 5,838.6 1,784.4 1,395.7 519.5 297.9 53
Stockholders' Equity 22,925.7 21,340.4 19,117.5 17,583.3 18,004.6 17,717.7 9,879.3 9,858.6 10,349.1 5,096.0 1,559.0 1,492.8 173.2 148.0 83.2
Cash Flow
Operating Cash Flow 2,412.1 2,261.5 1,634.8 1,659.4 1,702.2 1,706.5 1,513.8 1,385.3 1,023.3 912.3 82.8 44.6 29.0
Capital Expenditure 0 (2,831.7) (3,525.6) (2,643.1) (2,520.8) (2,178.7) (1,503.0) (1,373.7) (1,201.5) (774.3) (472.9) (357.7) (215.3)
Free Cash Flow 2,412.1 (570.3) (1,890.8) (983.7) (818.5) (472.1) 10.8 11.7 (178.2) 137.9 (390.1) (313.1) (186.3)