Digital Realty Trust, Inc.

DLR Real Estate Reit Specialty

Digital Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 10.0% from fiscal 2024. In the quarter to June 2026, revenue grew 28.9%, EPS fell 58.8%, free cash flow fell 25.9% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten.

175.97 1.50 +0.86%
Market cap
$64.7B
P/E
81.1×
Fwd P/E
89.2×
Dividend yield
2.77%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Digital Realty Trust, Inc. (DLR) Debt to equity

Alert me on Debt to equity

Digital Realty Trust, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.7×, down 0.1× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.7× (fiscal 2020) to 1.3× (fiscal 2015); the current reading is higher than 45% of that period. That is above the Reit Specialty industry median of 0.6× and below the Real Estate sector median of 0.8×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.8× 2.54%
FY2024 0.8× (13.53%)
FY2023 0.9× (3.01%)
FY2022 0.9× 25.94%
FY2021 0.7× 0.90%
FY2020 0.7× (24.41%)
FY2019 1.0× (6.67%)
FY2018 1.0× 30.62%
FY2017 0.8× (31.91%)
FY2016 1.1× (11.60%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.7× (11.92%)
Mar 2026 0.8× (4.07%)
Dec 2025 0.8× 1.43%
Sep 2025 0.8× (1.63%)
42 more quarters

Against its own ten years

Low 0.7× High 1.3×
Ten-year median 0.9×
Current reading's percentile 45

Debt to equity against peers

Company Debt to equity
IRM Iron Mountain Incorporated compare −18.2×
CCI Crown Castle Inc. compare −5.6×
SBAC SBA Communications Corporation compare −2.7×
WY Weyerhaeuser Company compare 0.6×
DLR Digital Realty Trust, Inc. 0.7×
EQIX Equinix, Inc. compare 1.4×
GLPI Gaming and Leisure Properties, Inc. compare 1.5×
LAMR Lamar Advertising Company compare 3.5×
AMT American Tower Corporation compare 3.6×
Reit Specialty industry median 0.6×
Real Estate sector median 0.8×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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