tradmap

DLR Financials Digital Realty

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 9.4% per year over the past 5 years.
  • Net income has grown faster than revenue (29.8% vs 9.4% per year).
  • Operating margin has contracted, at 10.8% in the latest year.

Financial health

  • Operating income covered interest expense 1.5× in the latest year, down from 1.7× 5 years ago.

Shareholder returns

  • Dividends have been paid for 7 consecutive years, consuming 131.6% of earnings.
  • The dividend has grown 6.9% per year over the past 5 years.
Revenue & net income
$0 $3B $6B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 20% 39% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $1 $1 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $2B $4B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$5B -$865M $3B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $6.1B $1.3B 0.0% 10.8% $3.5B
2024 $5.6B $588M 0.0% 8.5% $3.9B
2023 $5.5B $950M 0.0% 9.6% $1.6B
2022 $4.7B $380M 0.0% 12.6% $142M
2021 $4.4B $1.7B 0.0% 15.7% $143M
2020 $3.9B $356M 0.0% 14.3% $109M
2019 $3.2B $580M 0.0% 18.5% $90M
2018 $3.0B $331M 0.0% 18.0% $127M
2017 $2.5B $248M 0.0% 18.4% $51000
2016 $2.1B $426M 0.0% 23.2% $11M
2015 $1.8B $297M 0.0% 22.8% $57M
2014 $1.6B $200M 0.0% 16.0% $35M
2013 $1.5B $314M 0.0% 25.8% $50M
2012 $1.3B $210M 0.0% 28.6% $52M
2011 $1.1B $156M 0.0% 28.6% $2.9B $41M

Valuation over time

How the market has priced DLR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 64.1 128.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 6.3 12.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 2.1 4.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is DLR growing its revenue and profit?

Over the past 5 years, Digital Realty's revenue has grown 9.4% per year, and net income grown 29.8% per year. These are computed facts, not advice.

How much debt does DLR have?

As of FY2025, Digital Realty reported — of total debt against $3.5B of cash; operating income covered interest expense 1.5×.

What is DLR's profit margin?

In FY2025, gross margin was —, operating margin 10.8%, and net margin 21.5%.

What is DLR's P/E ratio?

As of Jun '26, Digital Realty traded at a price-to-earnings ratio of about 51.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.