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Digital Realty Trust, Inc.

DLRReal EstateNASDAQ

REIT - Specialty · Last scanned Jun 17, 2026

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Financials · Annual
Revenue
$6.11B
+10.0% YoY
Net Income
$1.31B
+117.2% YoY
EBITDA
$3.68B
+28.2% YoY
Free Cash Flow
$3.28B

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About Digital Realty Trust, Inc.

Part of the real estate sector, Digital Realty Trust, Inc. (DLR) is listed under REIT - Specialty. At a $68.12B market cap, Digital Realty Trust, Inc. ranks as a large-cap company within real estate. The company is focused on providing data center, colocation, and interconnection solutions for domestic and international customers across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.

Key stats
Market Cap$68.12B
P/E (TTM)50.52
Fwd P/E66.49
EPS$3.77
Beta1.05
52W Change+7.8%
Dividend Yield2.56%
ROE5.7%
Analysis

Digital Realty Trust, Inc. carries $19.45B in total debt against $2.46B in cash reserves — debt is roughly 7.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $3.28B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 5.7%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.3% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $4.69B (2022) to $6.11B (2025), reflecting a 30% increase over the period.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. At over 50x earnings, DLR carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Digital Realty Trust, Inc. and its sector.

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