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Digital Realty Trust, Inc. DLR

Listed / Traded Data Centers NYSE Mgmt:

Digital Realty empowers the world's foremost enterprises and service providers by offering a comprehensive suite of data center, co-location, and interconnection solutions. Central to their offerings is PlatformDIGITAL®, a proprietary global data center platform that furnishes clients with a dependable infrastructure and a well-established methodology, Pervasive Datacenter Architecture (PDx™). This approach is designed to facilitate the scaling of digital businesses and adeptly manage the intricate demands posed by data gravity. Furthermore, Digital Realty boasts an expansive global data center network, comprising over 284 facilities in 48 metropolitan areas across 23 countries on six continents, ensuring customers can access crucial digital ecosystems and connectivity points vital to their operations.

Snapshot

Price
$187.08
Market cap
$65.74B
Enterprise value
$82.53B
Dividend yieldi
2.61%
Annual dividendi
$4.88
Frequency
Quarterly
FFO / sharei
$1.99 · Q1 2026
AFFO / sharei
$1.92 · Q1 2026
Net debt / EBITDAi
4.70x · Adj. EBITDA
Op. cash flow / sharei
$6.86
Price / OCFi
27.27
Payout (% of OCF)i
71.13%
Debt / book capitali
45.12%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-23) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Balance sheet (latest FY: 2025)

Total debt
$24.18B
Cash
$3.45B
Net debt / EBITDAi
4.27x
Debt / book capitali
45.12%
Total assets
$49.41B
Total equity
$22.93B
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $6.11B $1.31B $1.89B $3.59B $2.41B
2024 $5.55B $602.49M $1.77B $2.87B $2.26B
2023 $5.48B $948.84M $1.69B $3.16B $1.63B
2022 $4.69B $377.68M $1.58B $2.29B $1.66B
2021 $4.43B $1.71B $1.49B $3.60B $1.70B
2020 $3.90B $356.40M $1.37B $2.10B $1.71B

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-152026-06-152026-06-30 2026-05-12$1.22Quarterly
2026-03-132026-03-132026-03-31 2026-02-19$1.22Quarterly
2025-12-152025-12-152026-01-16 2025-11-03$1.22Quarterly
2025-09-152025-09-152025-09-30 2025-08-11$1.22Quarterly
2025-06-132025-06-132025-06-30 2025-05-29$1.22Quarterly
2025-03-142025-03-142025-03-31 2025-02-26$1.22Quarterly
2024-12-132024-12-132025-01-17 2024-11-04$1.22Quarterly
2024-09-132024-09-132024-09-30 2024-08-07$1.22Quarterly
2024-06-142024-06-142024-06-28 2024-05-08$1.22Quarterly
2024-03-142024-03-152024-03-28 2024-02-28$1.22Quarterly
2023-12-142023-12-152024-01-19 2023-11-28$1.22Quarterly
2023-09-142023-09-152023-09-29 2023-08-09$1.22Quarterly
2023-06-142023-06-152023-06-30 2023-05-24$1.22Quarterly
2023-03-142023-03-152023-03-31 2023-02-22$1.22Quarterly
2022-12-142022-12-152023-01-13 2022-11-29$1.22Quarterly
2022-09-142022-09-152022-09-30 2022-08-17$1.22Quarterly
2022-06-142022-06-152022-06-30 2022-05-24$1.22Quarterly
2022-03-142022-03-152022-03-31 2022-03-03$1.22Quarterly
2021-12-142021-12-152022-01-14 2021-11-18$1.16Quarterly
2021-09-142021-09-152021-09-30 2021-08-11$1.16Quarterly
2021-06-142021-06-152021-06-30 2021-05-10$1.16Quarterly
2021-03-122021-03-152021-03-31 2021-02-25$1.16Quarterly
2020-12-142020-12-152021-01-15 2020-11-10$1.12Quarterly
2020-09-142020-09-152020-09-30 2020-08-11$1.12Quarterly

Coverage (payout of operating cash flow): 71.13%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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