Digital Realty Trust, Inc. DLR
Real Estate Investment Trusts · IPO 2004 · data as of November 13, 2026
Digital Realty Trust, Inc. (DLR) is a real estate company listed in the US with a market value of about $68.1B. In the twelve months to September 30, 2026 it had revenue of $7.1B and net income of $886M, a net margin of 12.5%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is track record (3/5); the weakest is value (1/5).
Key numbers: a P/E of 73.5, a price to free cash flow of 25.3, 5-year revenue growth of 9% a year, a 5-year average ROIC of 1%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 41% below the current price.
Score: 2.2 / 5
Checks passed
- PEG below 1.5
- Revenue growth above 10% last year
- Profit margin improving
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.1B | $6.1B | $5.6B | $5.5B | $4.7B | $4.4B | $3.9B | $3.2B | $3.0B | $2.5B | $2.1B |
| Net income | $886M | $1.3B | $602M | $949M | $378M | $1.7B | $356M | $580M | $331M | $248M | $426M |
| Free cash flow | $2.7B | -$769M | -$570M | -$1.9B | -$984M | -$819M | -$358M | $77M | $975M | $608M | $38M |
| EPS (diluted) | $2.45 | $3.58 | $1.61 | $2.88 | $1.11 | $5.94 | $0.00 | $2.35 | $1.21 | $0.99 | $2.20 |
| Net margin | 12.5% | 21.4% | 10.8% | 17.3% | 8.1% | 38.6% | 9.1% | 18.1% | 10.9% | 10.1% | 19.9% |
| ROIC | — | 1.6% | 1.0% | 1.2% | 1.5% | 1.7% | 1.4% | 2.4% | 4.4% | 3.4% | 7.7% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 32 analysts is $224.12, 25% above the current price; targets range from $190.00 to $250.00; the consensus rating is “Strong buy”; expected EPS is $3.29 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Digital Realty Trust’s P/E ratio?
About 73.5, based on the last twelve months of diluted earnings per share (forward P/E about 72.2).
Is Digital Realty Trust stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 41% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Digital Realty Trust pay a dividend?
Yes. The dividend yield is about 2.69%, and it has paid dividends for 10 years in our data.
Is Digital Realty Trust a good stock to buy?
We do not give buy or sell advice. Digital Realty Trust scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.