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.

Revenue
+20.6%
EPS
+194.1%
Free cash flow
−46.8%
Total debt
+6.96%

Quarter to September 2026, against a year earlier

175.41 9.47 −5.12%
Market cap
$66.1B
P/E
70.2×
Fwd P/E
64.4×
Dividend yield
2.78%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Digital Realty Trust, Inc. (DLR) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Digital Realty Trust, Inc. (DLR) trades at a EV/EBITDA of 37.4×. Over the past ten years it has ranged from 13.8× (June 2019) to 42.5× (August 2026); the current reading is higher than 97% of that period. That is above the Reit Specialty industry median of 17.4× and above the Real Estate sector median of 15.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 26.4× (13.85%)
FY2024 30.7× 24.02%
FY2023 24.7× 17.52%
FY2022 21.0× (25.19%)
FY2021 28.1× 13.46%
FY2020 24.8× 29.02%
FY2019 19.2× 5.03%
FY2018 18.3× (13.86%)
FY2017 21.2× 24.91%
FY2016 17.0× 2.37%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 37.4× (3.90%)
Jun 2026 39.0× 34.66%
Mar 2026 28.9× 9.48%
Dec 2025 26.4× 24.76%
43 more quarters

Against its own ten years

Low 13.8× High 42.5×
Ten-year median 21.5×
Current reading's percentile 97

EV/EBITDA against peers

Company EV/EBITDA
GLPI Gaming and Leisure Properties, Inc. compare 11.9×
WY Weyerhaeuser Company compare 15.5×
LAMR Lamar Advertising Company compare 17.4×
AMT American Tower Corporation compare 17.8×
IRM Iron Mountain Incorporated compare 18.5×
SBAC SBA Communications Corporation compare 19.2×
CCI Crown Castle Inc. compare 20.9×
EQIX Equinix, Inc. compare 26.5×
DLR Digital Realty Trust, Inc. 37.4×
Reit Specialty industry median 17.4×
Real Estate sector median 15.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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