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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Digital Realty Trust, Inc. (DLR) trades at a price to free cash flow of 16.9×. Over the past ten years it has ranged from 8.0× (October 2023) to 49.5× (June 2017); the current reading is higher than 62% of that period. That is above the Reit Specialty industry median of 14.8× and above the Real Estate sector median of 11.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 13.0× (8.44%)
FY2024 14.2× 52.43%
FY2023 9.3× (9.24%)
FY2022 10.3× (30.08%)
FY2021 14.7× (7.85%)
FY2020 16.0× (9.05%)
FY2019 17.6× 33.75%
FY2018 13.1× (53.33%)
FY2017 28.1× (24.97%)
FY2016 37.5× 216.83%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 17.3× 14.19%
Mar 2026 15.1× 16.04%
Dec 2025 13.0× (8.51%)
Sep 2025 14.3× (3.67%)
42 more quarters

Against its own ten years

Low 8.0× High 49.5×
Ten-year median 15.4×
Current reading's percentile 62

Price to free cash flow against peers

Company Price to free cash flow
IRM Iron Mountain Incorporated compare n/m
WY Weyerhaeuser Company compare n/m
EQIX Equinix, Inc. compare n/m
SBAC SBA Communications Corporation compare 14.7×
CCI Crown Castle Inc. compare 14.8×
DLR Digital Realty Trust, Inc. 16.9×
GLPI Gaming and Leisure Properties, Inc. compare 17.9×
LAMR Lamar Advertising Company compare 20.6×
AMT American Tower Corporation compare 21.8×
Reit Specialty industry median 14.8×
Real Estate sector median 11.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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