Digital Realty Trust (DLR) Financials

$170.44 +2.32 (+1.38%)

As of 09:37 AM Eastern

Annual Income Statements for Digital Realty Trust

This table shows Digital Realty Trust's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	562	908	337	1,681	263	493	250	173	332	217
Consolidated Net Income / (Loss)	588	950	380	1,747	363	599	341	256	432	302
Net Income / (Loss) Continuing Operations	561	943	380	1,747	363	599	341	256	432	302
Total Pre-Tax Income	736	1,048	412	1,820	401	611	343	264	442	308
Total Operating Income	472	524	590	694	558	594	550	451	497	402
Total Gross Profit	5,555	5,477	4,692	4,428	3,904	3,209	3,046	2,458	2,142	1,763
Total Revenue	5,555	5,477	4,692	4,428	3,904	3,209	3,046	2,458	2,142	1,763
Operating Revenue	5,555	5,477	4,692	4,428	-	3,209	3,046	2,458	2,103	1,762
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	4,514	4,060	4,102	3,734	3,346	2,615	2,497	2,007	1,645	1,361
Selling, General & Admin Expense	507	457	435	401	351	225	1,124	165	153	166
Depreciation Expense	1,772	1,695	1,578	1,487	1,366	1,164	1,187	842	699	571
Other Operating Expenses / (Income)	2,546	2,606	2,018	1,778	1,515	1,193	141	895	772	651
Impairment Charge	191	118	-	-	6.48	5.35	0.00	29	0.00	0.00
Restructuring Charge	94	85	69	47	107	28	45	76	20	17
Other Special Charges / (Income)	-596	-901	-	-	-	-	-	-	-	-44
Total Other Income / (Expense), net	-304	-369	-178	1,126	-157	17	-207	-187	-55	-94
Interest Expense	459	438	299	313	436	392	323	259	237	202
Other Income / (Expense), net	154	68	135	-4.36	337	334	84	46	170	0.00
Income Tax Expense	55	76	32	73	38	12	2.08	7.90	10	6.45
Other Gains / (Losses), net	-120	-30	-	-	-	-	-	-	-	-
Preferred Stock Dividends Declared	41	41	41	28	93	75	81	75	94	79
Net Income / (Loss) Attributable to Noncontrolling Interest	-14	1.47	2.64	38	6.33	19	9.87	8.01	5.67	4.90
Basic Earnings per Share	$1.74	$3.04	$1.18	$5.95	$1.01	$2.37	$1.21	$0.99	$2.21	$1.57
Weighted Average Basic Shares Outstanding	323.34M	298.60M	286.33M	282.48M	260.10M	208.33M	206.04M	174.06M	149.95M	138.25M
Diluted Earnings per Share	$1.61	$2.88	$1.11	$5.94	$1.00	$2.35	$1.21	$0.99	$2.20	$1.56
Weighted Average Diluted Shares Outstanding	331.55M	309.07M	297.92M	283.22M	262.52M	209.46M	206.67M	174.90M	150.68M	138.87M
Weighted Average Basic & Diluted Shares Outstanding	336.64M	312.29M	291.16M	284.47M	281.12M	209.04M	207.82M	205.74M	159.27M	146.48M

This table shows Digital Realty Trust's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	100	179	41	70	271	18	723	108	59	-6.28	227
Consolidated Net Income / (Loss)	106	186	40	75	288	20	746	116	69	0.76	239
Net Income / (Loss) Continuing Operations	106	158	41	75	288	12	746	116	69	0.76	239
Total Pre-Tax Income	124	215	80	131	310	43	783	132	90	-17	258
Total Operating Income	196	144	168	9.89	149	134	58	155	177	121	157
Total Gross Profit	1,408	1,436	1,431	1,357	1,331	1,370	1,402	1,366	1,339	1,233	1,192
Total Revenue	1,408	1,436	1,431	1,357	1,331	1,370	1,402	1,366	1,339	1,233	1,192
Operating Revenue	1,408	1,436	1,431	1,357	1,331	1,370	1,402	1,366	1,339	-	1,192
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	1,212	896	1,263	1,173	1,182	1,153	534	1,211	1,161	1,112	1,035
Selling, General & Admin Expense	124	143	118	120	126	124	111	110	112	133	97
Depreciation Expense	443	455	460	425	431	420	421	433	421	430	389
Other Operating Expenses / (Income)	605	686	661	607	593	653	685	651	616	530	522
Restructuring Charge	40	12	24	26	32	40	14	18	12	17	26
Total Other Income / (Expense), net	-72	-324	-89	-52	161	-173	-86	-23	-87	-138	101
Interest Expense	98	108	126	115	110	114	111	111	102	87	77
Interest & Investment Income	-6.53	-	-	-	-16	-	-	95	15	-28	-12
Other Income / (Expense), net	33	-232	38	62	286	50	25	-6.93	0.28	-23	190
Income Tax Expense	17	4.93	12	15	22	21	17	16	21	-18	20
Preferred Stock Dividends Declared	10	10	10	10	10	10	10	10	10	10	10
Net Income / (Loss) Attributable to Noncontrolling Interest	-3.58	-3.88	-11	-5.55	6.33	-8.42	12	-2.54	0.11	-3.14	1.72
Basic Earnings per Share	$0.30	$0.52	$0.13	$0.22	$0.87	$0.07	$2.40	$0.37	$0.20	($0.02)	$0.79
Weighted Average Basic Shares Outstanding	336.68M	323.34M	327.98M	319.54M	312.29M	298.60M	301.83M	295.39M	291.22M	286.33M	286.69M
Diluted Earnings per Share	$0.27	$0.50	$0.09	$0.20	$0.82	$0.03	$2.31	$0.34	$0.20	($0.05)	$0.75
Weighted Average Diluted Shares Outstanding	344.72M	331.55M	336.25M	327.95M	320.80M	309.07M	311.34M	306.82M	303.07M	297.92M	296.42M
Weighted Average Basic & Diluted Shares Outstanding	336.79M	336.64M	331.71M	327.41M	312.43M	312.29M	302.85M	302.71M	291.35M	291.16M	287.52M

This table details how cash moves in and out of Digital Realty Trust's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	2,419	1,483	907	50	43	-33	107	-307	-42	20
Net Cash From Operating Activities	2,261	1,635	1,659	1,702	1,707	1,514	1,385	438	911	797
Net Cash From Continuing Operating Activities	2,261	1,635	1,662	1,721	1,707	1,514	1,385	438	911	797
Net Income / (Loss) Continuing Operations	588	950	380	1,747	363	599	341	256	432	302
Consolidated Net Income / (Loss)	588	950	380	1,747	363	599	341	256	432	302
Depreciation Expense	1,772	1,695	1,578	1,487	1,366	1,164	770	-	519	465
Amortization Expense	48	56	46	72	76	68	487	252	202	113
Non-Cash Adjustments To Reconcile Net Income	-171	-687	-112	-1,259	-110	-286	-149	105	-172	-79
Changes in Operating Assets and Liabilities, net	25	-380	-230	-327	11	-31	-63	59	-70	-3.99
Net Cash From Investing Activities	-1,906	-1,115	-4,699	-1,062	-2,599	-275	-3,036	-1,454	-1,304	-2,528
Net Cash From Continuing Investing Activities	-1,906	-1,115	-4,699	-1,062	-2,599	-275	-3,036	-1,454	-1,304	-2,528
Acquisitions	-508	-52	-1,930	-251	-1,053	-76	-1,975	0.00	0.00	-1,861
Sale of Property, Plant & Equipment	1,765	2,620	272	-	-	-	286	641	359	186
Sale and/or Maturity of Investments	100	242	3.33	62	-	-	0.00	64	0.00	0.00
Other Investing Activities, net	-3,263	-3,925	-3,044	-2,563	-2,111	-1,496	-22	1,151	-790	-753
Net Cash From Financing Activities	2,063	963	2,969	-591	936	-1,272	1,757	710	351	1,751
Net Cash From Continuing Financing Activities	2,063	963	3,947	-591	936	-1,272	1,757	710	351	1,751
Repayment of Debt	-3,804	-3,468	-4,805	-3,652	-3,042	-1,966	381	0.00	-3,798	-2,489
Payment of Dividends	-1,655	-1,516	-1,406	-1,255	-1,137	-934	-865	707	-629	-562
Issuance of Debt	3,871	3,740	8,301	4,346	3,735	1,457	2,237	7,895	3,975	3,881
Issuance of Common Equity	3,651	2,207	928	172	1,880	536	-3.86	405	1,085	919
Other Financing Activities, net	0.00	0.00	928	0.00	0.00	0.00	7.43	5.87	4.73	0.90

This table details how cash moves in and out of Digital Realty Trust's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-1,522	1,799	-78	1,051	-353	518	946	28	-8.37	865	54
Net Cash From Operating Activities	399	769	567	573	352	462	358	464	350	456	419
Net Cash From Continuing Operating Activities	399	773	563	573	352	462	358	464	350	459	419
Net Income / (Loss) Continuing Operations	106	186	40	75	288	20	746	116	69	0.76	239
Consolidated Net Income / (Loss)	106	186	40	75	288	20	746	116	69	0.76	239
Depreciation Expense	443	455	460	425	431	420	421	433	421	430	389
Amortization Expense	12	-17	10	27	28	0.54	13	39	3.94	8.53	4.39
Non-Cash Adjustments To Reconcile Net Income	76	-40	35	49	-214	70	-684	-84	10	-21	-153
Changes in Operating Assets and Liabilities, net	-238	190	18	-2.19	-181	-49	-138	-39	-154	41	-60
Net Cash From Investing Activities	-903	-512	-1,119	-282	6.62	-1,016	1,180	-530	-749	-971	-2,300
Net Cash From Continuing Investing Activities	-903	-512	-1,119	-282	6.62	-1,016	1,180	-530	-749	-971	-2,300
Acquisitions	-205	-191	-247	11	-81	-6.44	12	-1.19	-57	187	-1,820
Sale of Property, Plant & Equipment	62	518	5.77	426	814	149	2,320	151	0.00	-	-
Sale and/or Maturity of Investments	75	-	2.44	12	86	242	-	-	0.00	-	-
Other Investing Activities, net	-835	-840	-880	-731	-812	-1,401	-1,152	-680	-692	-1,230	-684
Net Cash From Financing Activities	-1,018	1,541	474	857	-810	1,072	-593	93	391	402	1,934
Net Cash From Continuing Financing Activities	-1,017	1,541	474	759	-712	1,072	-593	93	391	1,380	1,934
Repayment of Debt	-1,508	-1,050	-1,338	-865	-550	-703	-1,309	-803	-652	-5,967	1,679
Payment of Dividends	-849	-10	-421	-414	-810	-10	-389	-384	-733	16	-369
Issuance of Debt	1,337	1,682	1,427	310	453	655	770	538	1,776	5,874	224
Issuance of Common Equity	0.98	921	806	1,826	98	1,130	335	742	0.00	528	401
Other Financing Activities, net	0.98	-	-	-98	98	-	-	-	0.00	928	-

This table presents Digital Realty Trust's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	45,284	44,113	41,485	36,370	36,076	23,068	23,767	21,404	12,193	11,416
Total Current Assets	5,128	2,904	1,111	814	712	395	426	276	214	234
Cash & Equivalents	3,871	1,625	142	143	109	90	127	0.05	11	57
Accounts Receivable	1,257	1,278	969	672	603	306	300	276	204	177
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	13,109	13,841	8,996	8,770
Total Noncurrent Assets	40,155	40,731	40,374	35,555	35,365	22,673	10,221	7,274	2,982	2,393
Long-Term Investments	26,761	26,532	25,766	22,570	1,148	15,518	175	-	-	-
Goodwill	8,929	9,240	9,208	7,937	8,331	3,363	4,348	3,390	753	331
Intangible Assets	2,178	2,500	3,093	2,735	3,123	2,195	3,264	2,999	1,522	1,392
Other Noncurrent Operating Assets	2,287	2,459	2,307	2,312	22,763	1,597	2,433	561	628	638
Total Liabilities & Shareholders' Equity	45,284	44,113	41,485	36,370	36,076	23,068	23,767	21,404	12,193	11,416
Total Liabilities	22,108	23,117	21,863	17,846	17,588	12,419	12,893	10,301	7,060	6,880
Total Current Liabilities	2,475	2,596	2,233	1,882	2,276	1,481	1,382	3,156	2,653	614
Accounts Payable	2,056	2,169	1,869	1,544	1,420	1,009	1,165	980	825	608
Dividends Payable	419	388	364	339	324	235	217	200	144	-
Other Current Nonoperating Liabilities	0.00	39	0.00	-	-	2.70	0.00	5.03	2.60	5.80
Total Noncurrent Liabilities	19,633	20,521	19,630	15,963	15,311	10,938	11,511	7,145	4,407	6,265
Long-Term Debt	16,714	17,426	16,597	13,448	12,773	9,888	11,101	6,677	4,157	5,899
Noncurrent Deferred & Payable Income Tax Liabilities	1,085	1,151	1,193	666	698	147	-	-	-	-
Other Noncurrent Operating Liabilities	1,834	1,944	1,841	1,849	1,840	902	209	218	168	265
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	1,433	1,395	1,515	47	42	41	16	54	0.00	-
Total Equity & Noncontrolling Interests	21,743	19,602	18,107	18,477	18,446	10,608	10,858	11,049	5,132	4,537
Total Preferred & Common Equity	21,340	19,118	17,583	18,005	17,718	9,877	9,859	10,349	5,096	4,500
Preferred Stock	732	732	732	732	951	1,434	1,250	1,250	1,013	1,290
Total Common Equity	20,605	18,383	16,849	17,270	16,767	8,443	8,609	11,155	4,083	4,560
Common Stock	28,080	24,397	22,143	21,076	20,630	11,577	11,358	11,264	5,766	4,657
Retained Earnings	-6,292	-5,263	-4,698	-3,632	-3,998	-3,047	-2,633	-	-1,547	-
Accumulated Other Comprehensive Income / (Loss)	-1,182	-751	-596	-174	135	-88	-116	-108	-136	-97
Noncontrolling Interest	402	484	524	472	729	729	1,000	700	36	36

This table presents Digital Realty Trust's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	45,081	45,284	45,295	43,607	42,633	44,113	41,933	42,389	41,953	41,485	39,215
Total Current Assets	3,695	5,128	3,450	3,504	2,411	2,904	2,388	1,283	1,201	1,111	1,038
Cash & Equivalents	2,322	3,871	2,176	2,282	1,194	1,625	1,062	125	131	142	177
Accounts Receivable	1,374	1,257	1,274	1,222	1,217	1,278	1,326	1,158	1,070	969	861
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	40,432	40,155	41,845	40,102	39,935	40,731	39,545	40,497	40,752	40,374	38,177
Long-Term Investments	26,837	26,761	27,687	26,270	26,124	26,532	25,779	26,219	26,205	25,766	24,219
Goodwill	9,174	8,929	9,395	9,129	9,105	9,240	8,998	9,149	9,200	9,208	8,728
Intangible Assets	2,125	2,178	2,367	2,315	2,359	2,500	2,506	2,826	3,015	3,093	3,036
Other Noncurrent Operating Assets	2,296	2,287	2,396	2,388	2,347	2,459	2,262	2,304	2,331	2,307	2,194
Total Liabilities & Shareholders' Equity	45,081	45,284	45,295	43,607	42,633	44,113	41,933	42,389	41,953	41,485	39,215
Total Liabilities	21,902	22,108	22,119	21,199	21,793	23,117	21,896	22,916	22,800	21,863	20,230
Total Current Liabilities	1,928	2,475	2,141	1,974	1,880	2,596	2,147	2,215	1,924	2,233	1,621
Accounts Payable	1,928	2,056	2,141	1,974	1,870	2,169	2,147	2,215	1,924	1,869	1,621
Dividends Payable	0.00	419	0.00	0.00	0.00	388	0.00	0.00	0.00	364	0.00
Total Noncurrent Liabilities	19,967	19,633	19,978	19,225	19,913	20,521	19,749	20,696	20,876	19,630	18,609
Long-Term Debt	17,016	16,714	16,987	16,340	17,020	17,426	16,870	17,729	17,876	16,597	15,759
Noncurrent Deferred & Payable Income Tax Liabilities	1,109	1,085	1,224	1,132	1,121	1,151	1,089	1,129	1,164	1,193	1,145
Other Noncurrent Operating Liabilities	1,841	1,834	1,768	1,754	1,771	1,944	1,790	1,838	1,836	1,841	1,705
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	1,459	1,433	1,466	1,400	1,351	1,395	1,360	1,367	1,449	1,515	1,430
Total Equity & Noncontrolling Interests	21,719	21,743	21,711	21,008	19,489	19,602	18,677	18,105	17,705	18,107	17,555
Total Preferred & Common Equity	21,296	21,340	21,246	20,538	19,020	19,118	18,190	17,621	17,212	17,583	17,064
Preferred Stock	732	732	732	732	732	732	732	732	732	732	732
Total Common Equity	20,561	20,605	20,511	19,803	18,285	18,383	17,455	16,887	16,478	16,849	16,329
Common Stock	28,092	28,080	27,229	26,388	24,509	24,397	23,239	22,882	22,126	22,143	21,528
Retained Earnings	-6,604	-6,292	-6,061	-5,701	-5,374	-5,263	-4,901	-5,254	-4,996	-4,698	-4,336
Accumulated Other Comprehensive Income / (Loss)	-927	-1,182	-657	-885	-850	-751	-883	-741	-652	-596	-863
Noncontrolling Interest	423	402	465	470	470	484	487	484	492	524	491

This table displays calculated financial ratios and metrics derived from Digital Realty Trust's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.42%	16.74%	5.96%	13.43%	21.64%	5.34%	23.95%	14.74%	21.49%	9.09%
EBITDA Growth	4.33%	-0.20%	4.47%	-3.80%	8.23%	14.24%	152.17%	-46.00%	41.65%	5.67%
EBIT Growth	5.60%	-18.17%	5.05%	-22.91%	-3.58%	46.51%	27.35%	-25.46%	66.00%	8.62%
NOPAT Growth	-10.25%	-10.67%	-18.23%	32.04%	-13.38%	6.61%	24.82%	-9.85%	23.41%	56.04%
Net Income Growth	-38.09%	149.87%	-78.24%	381.74%	-39.47%	75.67%	33.11%	-40.66%	43.19%	48.26%
EPS Growth	-44.10%	159.46%	-81.31%	494.00%	-57.45%	94.21%	22.22%	-55.00%	41.03%	57.58%
Operating Cash Flow Growth	38.34%	-1.48%	-2.52%	-0.25%	12.73%	9.28%	216.61%	-51.98%	14.36%	21.49%
Free Cash Flow Firm Growth	2.58%	278.26%	-102.43%	187.88%	-244.57%	1,265.88%	82.55%	-4,613.24%	87.06%	-493.28%
Invested Capital Growth	-5.25%	-4.32%	11.22%	-68.90%	471.30%	-75.54%	10.11%	80.13%	6.36%	20.55%
Revenue Q/Q Growth	1.21%	2.56%	2.67%	1.11%	7.58%	0.29%	1.56%	6.71%	3.70%	5.27%
EBITDA Q/Q Growth	-9.45%	3.01%	19.16%	-13.71%	-7.59%	14.06%	69.20%	-40.30%	18.32%	-1.15%
EBIT Q/Q Growth	-30.30%	17.02%	72.38%	-34.63%	-22.39%	45.69%	-4.13%	-0.13%	45.02%	-10.85%
NOPAT Q/Q Growth	8.15%	-1.12%	-5.99%	1.46%	-1.13%	3.39%	2.74%	-6.58%	28.63%	13.87%
Net Income Q/Q Growth	39.24%	2.05%	-74.13%	143.87%	-44.41%	98.09%	-7.35%	-6.04%	35.32%	6.43%
EPS Q/Q Growth	27.78%	2.86%	-77.30%	164.00%	-59.35%	137.37%	-7.63%	-20.16%	59.42%	3.31%
Operating Cash Flow Q/Q Growth	15.72%	0.36%	0.27%	-4.16%	7.83%	3.44%	75.39%	-54.69%	3.00%	10.29%
Free Cash Flow Firm Q/Q Growth	475.58%	22.65%	-488.19%	8.71%	-159.98%	1,161.79%	-2,629.11%	-5.99%	90.70%	-442.39%
Invested Capital Q/Q Growth	-6.05%	1.46%	3.17%	-3.09%	4.90%	-72.03%	9.77%	2.10%	-0.32%	18.19%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	44.03%	42.80%	50.06%	50.78%	59.87%	67.28%	62.04%	30.49%	64.80%	55.58%
Operating Margin	8.49%	9.58%	12.57%	15.67%	14.28%	18.52%	18.05%	18.36%	23.21%	22.79%
EBIT Margin	11.27%	10.83%	15.44%	15.58%	22.92%	28.91%	20.79%	20.23%	31.14%	22.79%
Profit (Net Income) Margin	10.59%	17.35%	8.11%	39.46%	9.29%	18.67%	11.20%	10.43%	20.16%	17.10%
Tax Burden Percent	79.92%	90.67%	92.34%	96.00%	90.51%	98.04%	99.39%	97.01%	97.65%	97.91%
Interest Burden Percent	117.57%	176.79%	56.85%	263.93%	44.80%	65.87%	54.19%	53.12%	66.28%	76.64%
Effective Tax Rate	7.44%	7.21%	7.66%	4.00%	9.49%	1.96%	0.61%	2.99%	2.35%	2.09%
Return on Invested Capital (ROIC)	4.39%	4.66%	5.37%	3.29%	2.78%	4.24%	2.59%	2.81%	4.50%	4.11%
ROIC Less NNEP Spread (ROIC-NNEP)	3.14%	-0.04%	7.21%	66.03%	-1.20%	4.80%	0.56%	0.38%	3.60%	2.39%
Return on Net Nonoperating Assets (RNNOA)	-1.73%	0.02%	-3.38%	6.15%	-0.29%	1.33%	0.51%	0.35%	4.44%	3.03%
Return on Equity (ROE)	2.66%	4.68%	1.99%	9.44%	2.49%	5.57%	3.10%	3.16%	8.93%	7.14%
Cash Return on Invested Capital (CROIC)	9.78%	9.08%	-5.25%	108.40%	-137.63%	125.62%	-7.03%	-54.40%	-1.67%	-14.53%
Operating Return on Assets (OROA)	1.40%	1.39%	1.86%	1.90%	3.03%	3.96%	2.80%	2.96%	5.65%	3.84%
Return on Assets (ROA)	1.32%	2.22%	0.98%	4.82%	1.23%	2.56%	1.51%	1.53%	3.66%	2.88%
Return on Common Equity (ROCE)	2.35%	4.06%	1.78%	8.68%	2.15%	4.41%	2.79%	2.96%	7.99%	6.24%
Return on Equity Simple (ROE_SIMPLE)	2.76%	4.97%	2.16%	9.71%	2.05%	6.07%	3.46%	2.48%	8.47%	6.70%
Net Operating Profit after Tax (NOPAT)	437	487	545	666	505	583	546	438	486	393
NOPAT Margin	7.86%	8.89%	11.61%	15.05%	12.93%	18.15%	17.94%	17.81%	22.67%	22.32%
Net Nonoperating Expense Percent (NNEP)	1.25%	4.70%	-1.84%	-62.73%	3.98%	-0.56%	2.04%	2.43%	0.90%	1.72%
Return On Investment Capital (ROIC_SIMPLE)	1.14%	1.31%	1.57%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	9.13%	8.34%	9.26%	9.05%	9.00%	7.02%	36.88%	6.69%	7.14%	9.44%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	81.27%	74.12%	87.43%	84.33%	85.72%	81.48%	81.95%	81.64%	76.79%	77.21%
Earnings before Interest and Taxes (EBIT)	626	593	725	690	895	928	633	497	667	402
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,446	2,344	2,349	2,248	2,337	2,159	1,890	750	1,388	980
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.85	2.15	1.59	2.63	2.05	2.52	2.10	1.66	2.93	1.79
Price to Tangible Book Value (P/TBV)	6.19	5.95	5.90	6.90	6.47	7.38	18.10	3.89	6.62	2.88
Price to Revenue (P/Rev)	10.59	7.22	5.71	10.27	8.81	6.63	5.92	7.54	5.59	4.63
Price to Earnings (P/E)	104.71	43.52	79.56	27.05	130.52	43.15	72.20	107.00	36.03	37.59
Dividend Yield	2.75%	3.74%	5.23%	2.89%	3.65%	4.24%	4.62%	4.13%	4.68%	6.09%
Earnings Yield	0.96%	2.30%	1.26%	3.70%	0.77%	2.32%	1.39%	0.93%	2.78%	2.66%
Enterprise Value to Invested Capital (EV/IC)	4.91	3.07	1.90	3.90	1.56	3.33	1.42	1.47	1.70	1.47
Enterprise Value to Revenue (EV/Rev)	8.55	5.73	4.32	8.46	12.33	5.61	10.28	11.97	8.83	8.75
Enterprise Value to EBITDA (EV/EBITDA)	19.41	13.39	8.63	16.67	20.60	8.33	16.56	39.26	13.63	15.75
Enterprise Value to EBIT (EV/EBIT)	75.82	52.96	27.98	54.34	53.81	19.39	49.44	59.18	28.36	38.41
Enterprise Value to NOPAT (EV/NOPAT)	108.69	64.52	37.21	56.25	95.40	30.89	57.29	67.22	38.97	39.23
Enterprise Value to Operating Cash Flow (EV/OCF)	20.99	19.21	12.21	22.02	28.21	11.89	22.60	67.26	20.77	19.37
Enterprise Value to Free Cash Flow (EV/FCFF)	48.81	33.11	0.00	1.71	0.00	1.04	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.72	0.83	0.85	0.73	0.72	0.95	1.04	0.80	1.15	1.32
Long-Term Debt to Equity	0.72	0.83	0.85	0.73	0.69	0.93	1.04	0.62	0.83	1.32
Financial Leverage	-0.55	-0.49	-0.47	0.09	0.24	0.28	0.92	0.92	1.23	1.27
Leverage Ratio	2.02	2.11	2.04	1.96	2.03	2.18	2.06	2.07	2.44	2.48
Compound Leverage Factor	2.38	3.73	1.16	5.17	0.91	1.43	1.11	1.10	1.62	1.90
Debt to Total Capital	41.90%	45.35%	45.82%	42.06%	41.85%	48.73%	50.96%	44.49%	53.57%	56.95%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	1.67%	1.13%	0.00%	9.86%	15.21%	0.00%
Long-Term Debt to Total Capital	41.90%	45.35%	45.82%	42.06%	40.17%	47.60%	50.96%	34.63%	38.35%	56.95%
Preferred Equity to Total Capital	1.83%	1.90%	2.02%	2.29%	2.99%	6.91%	5.63%	6.25%	9.16%	12.24%
Noncontrolling Interests to Total Capital	4.60%	4.89%	5.63%	1.62%	2.42%	3.71%	4.58%	3.77%	0.33%	0.35%
Common Equity to Total Capital	51.66%	47.84%	46.52%	54.02%	52.74%	40.65%	38.82%	55.77%	36.94%	43.28%
Debt to EBITDA	6.83	7.43	7.07	5.98	5.69	4.69	5.98	11.87	4.27	6.12
Net Debt to EBITDA	-5.69	-4.58	-3.96	-4.12	5.16	-2.54	5.82	11.87	4.26	6.06
Long-Term Debt to EBITDA	6.83	7.43	7.07	5.98	5.47	4.58	5.98	9.24	3.05	6.12
Debt to NOPAT	38.27	35.81	30.47	20.18	26.37	17.38	20.68	20.32	12.19	15.25
Net Debt to NOPAT	-31.86	-22.05	-17.09	-13.91	23.88	-9.42	20.13	20.32	12.17	15.10
Long-Term Debt to NOPAT	38.27	35.81	30.47	20.18	25.31	16.97	20.68	15.82	8.73	15.25
Altman Z-Score	1.64	1.04	0.72	1.54	1.16	1.06	0.85	1.11	0.96	0.94
Noncontrolling Interest Sharing Ratio	11.74%	13.26%	10.56%	8.04%	13.48%	20.78%	10.07%	6.14%	10.61%	12.55%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.07	1.12	0.50	0.43	0.31	0.27	0.31	0.09	0.08	0.38
Quick Ratio	2.07	1.12	0.50	0.43	0.31	0.27	0.31	0.09	0.08	0.38
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	973	948	-532	21,929	-24,954	17,261	-1,481	-8,483	-180	-1,391
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	133.34%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	2.12	2.17	-1.78	70.17	-57.20	44.01	-4.58	-32.80	-0.76	-6.90
Operating Cash Flow to Interest Expense	4.93	3.73	5.55	5.45	3.91	3.86	4.29	1.69	3.84	3.95
Operating Cash Flow Less CapEx to Interest Expense	8.78	9.72	6.46	5.45	3.91	3.86	1.07	4.17	5.35	4.38
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.12	0.13	0.12	0.12	0.13	0.14	0.13	0.15	0.18	0.17
Accounts Receivable Turnover	4.38	4.87	5.72	6.95	8.59	10.61	10.58	10.24	11.24	11.26
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.23	0.22	0.24	0.21
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	83.30	74.89	63.83	52.54	42.48	34.41	34.50	35.66	32.49	32.43
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	83.30	74.89	63.83	52.54	42.48	34.41	34.50	35.66	32.49	32.43
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	9,677	10,213	10,675	9,598	30,861	5,402	22,080	20,054	11,133	10,467
Invested Capital Turnover	0.56	0.52	0.46	0.22	0.22	0.23	0.14	0.16	0.20	0.18
Increase / (Decrease) in Invested Capital	-536	-462	1,077	-21,263	25,459	-16,679	2,027	8,921	666	1,785
Enterprise Value (EV)	47,473	31,398	20,269	37,476	48,141	17,992	31,309	29,429	18,923	15,437
Market Capitalization	58,823	39,519	26,809	45,489	34,371	21,273	18,044	18,527	11,964	8,167
Book Value per Share	$62.12	$60.70	$58.60	$60.86	$59.85	$40.45	$41.73	$54.30	$25.69	$31.16
Tangible Book Value per Share	$28.63	$21.93	$15.82	$23.25	$18.96	$13.82	$4.83	$23.20	$11.37	$19.39
Total Capital	39,890	38,422	36,219	31,972	31,793	20,772	22,176	20,001	11,053	10,537
Total Debt	16,714	17,426	16,597	13,448	13,305	10,122	11,302	8,898	5,921	6,000
Total Long-Term Debt	16,714	17,426	16,597	13,448	12,773	9,888	11,302	6,927	4,239	6,000
Net Debt	-13,917	-10,732	-9,311	-9,264	12,048	-5,485	11,000	8,898	5,910	5,943
Capital Expenditures (CapEx)	-1,765	-2,620	-272	0.00	0.00	0.00	1,039	-641	-359	-86
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,217	-1,318	-1,263	-1,211	-1,141	-941	-1,082	-909	-768	-437
Debt-free Net Working Capital (DFNWC)	2,653	308	-1,122	-1,068	-1,033	-851	-955	-909	-757	-380
Net Working Capital (NWC)	2,653	308	-1,122	-1,068	-1,565	-1,085	-955	-2,880	-2,439	-380
Net Nonoperating Expense (NNE)	-152	-464	164	-1,081	142	-17	205	182	54	92
Net Nonoperating Obligations (NNO)	-13,498	-10,783	-8,947	-8,926	12,372	-5,248	11,206	8,950	6,001	5,931
Total Depreciation and Amortization (D&A)	1,820	1,751	1,624	1,559	1,442	1,231	1,257	252	721	578
Debt-free, Cash-free Net Working Capital to Revenue	-21.92%	-24.06%	-26.93%	-27.34%	-29.24%	-29.32%	-35.52%	-36.97%	-35.84%	-24.77%
Debt-free Net Working Capital to Revenue	47.77%	5.62%	-23.90%	-24.12%	-26.46%	-26.52%	-31.36%	-36.97%	-35.35%	-21.53%
Net Working Capital to Revenue	47.77%	5.62%	-23.90%	-24.12%	-40.09%	-33.82%	-31.36%	-117.17%	-113.84%	-21.53%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.74	$3.04	$1.18	$5.95	$1.01	$2.37	$1.21	$0.99	$2.21	$0.00
Adjusted Weighted Average Basic Shares Outstanding	323.34M	298.60M	286.33M	282.47M	260.10M	208.33M	206.04M	174.06M	149.95M	0.00
Adjusted Diluted Earnings per Share	$1.61	$3.00	$1.11	$5.94	$1.00	$2.35	$1.21	$0.99	$2.20	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	331.55M	309.07M	297.92M	283.22M	262.52M	209.46M	206.67M	174.90M	150.68M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	336.64M	312.29M	291.16M	284.47M	281.12M	209.04M	207.82M	205.74M	159.27M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	149	-161	608	712	607	615	592	540	506	367
Normalized NOPAT Margin	2.68%	-2.93%	12.96%	16.08%	15.55%	19.17%	19.42%	21.96%	23.60%	20.82%
Pre Tax Income Margin	13.25%	19.14%	8.78%	41.11%	10.27%	19.05%	11.27%	10.75%	20.64%	17.47%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.36	1.35	2.42	2.21	2.05	2.37	1.96	1.92	2.81	1.99
NOPAT to Interest Expense	0.95	1.11	1.82	2.13	1.16	1.49	1.69	1.69	2.04	1.95
EBIT Less CapEx to Interest Expense	5.21	7.34	3.33	2.21	2.05	2.37	-1.26	4.40	4.32	2.42
NOPAT Less CapEx to Interest Expense	4.80	7.10	2.73	2.13	1.16	1.49	-1.52	4.17	3.56	2.38
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	281.25%	159.54%	369.77%	71.82%	313.47%	155.80%	253.48%	-275.73%	145.68%	186.19%
Augmented Payout Ratio	281.25%	159.54%	369.77%	71.82%	313.47%	155.80%	253.48%	-275.73%	145.68%	186.19%

This table displays calculated financial ratios and metrics derived from Digital Realty Trust's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.75%	4.84%	2.05%	-0.70%	-0.57%	11.07%	17.65%	19.92%	18.75%	10.97%	5.20%
EBITDA Growth	-23.66%	-42.15%	30.85%	-15.38%	48.53%	12.78%	-30.20%	8.42%	20.42%	237.46%	24.79%
EBIT Growth	-47.56%	-147.68%	148.13%	-51.23%	145.36%	87.92%	-76.08%	-19.33%	85.17%	147.58%	92.01%
NOPAT Growth	21.66%	102.71%	149.39%	-93.55%	2.50%	-17.85%	-60.85%	0.23%	12.21%	-35.36%	-13.18%
Net Income Growth	-63.04%	833.53%	-94.62%	-35.43%	318.14%	2,513.80%	212.38%	81.08%	-10.50%	-99.93%	74.89%
EPS Growth	-67.07%	1,566.67%	-96.10%	-41.18%	310.00%	160.00%	208.00%	78.95%	-9.09%	-101.34%	70.45%
Operating Cash Flow Growth	13.29%	66.44%	58.09%	23.43%	0.73%	1.29%	-14.55%	-8.20%	25.94%	0.99%	4.90%
Free Cash Flow Firm Growth	-39.08%	27.45%	-127.48%	106.89%	153.67%	153.54%	213.76%	-104.55%	-105.00%	-104.64%	-101.51%
Invested Capital Growth	-1.71%	-5.25%	2.33%	-0.58%	-3.99%	-4.32%	-2.72%	12.40%	12.50%	11.22%	4.47%
Revenue Q/Q Growth	-1.97%	0.32%	5.49%	1.92%	-2.81%	-2.34%	2.65%	2.06%	8.57%	3.44%	4.63%
EBITDA Q/Q Growth	95.16%	-48.21%	29.00%	-41.45%	47.90%	17.15%	-16.58%	2.76%	12.30%	-27.49%	29.56%
EBIT Q/Q Growth	360.05%	-142.65%	185.57%	-83.44%	136.45%	121.96%	-43.87%	-16.71%	81.09%	-71.74%	89.29%
NOPAT Q/Q Growth	19.56%	-0.70%	1,521.51%	-93.68%	93.96%	22.16%	-58.09%	0.49%	59.65%	-41.78%	7.31%
Net Income Q/Q Growth	-42.70%	362.67%	-46.25%	-74.06%	1,347.07%	-97.33%	545.02%	68.00%	8,945.60%	-99.68%	273.91%
EPS Q/Q Growth	-46.00%	455.56%	-55.00%	-75.61%	530.77%	-98.70%	579.41%	70.00%	500.00%	-106.67%	294.74%
Operating Cash Flow Q/Q Growth	-48.14%	35.83%	-1.17%	62.72%	-23.80%	29.01%	-22.83%	32.79%	-23.38%	8.83%	-17.10%
Free Cash Flow Firm Q/Q Growth	-49.16%	829.11%	-235.42%	-87.86%	5.97%	57.19%	133.94%	5.40%	-6.10%	-233.98%	-101.36%
Invested Capital Q/Q Growth	4.27%	-6.05%	1.04%	-0.69%	0.52%	1.46%	-1.84%	-4.09%	0.16%	3.17%	13.41%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	48.55%	24.39%	47.24%	38.63%	67.26%	44.20%	36.84%	45.34%	45.02%	43.53%	62.09%
Operating Margin	13.91%	10.05%	11.76%	0.73%	11.22%	9.79%	4.15%	11.33%	13.25%	9.81%	13.20%
EBIT Margin	16.23%	-6.12%	14.40%	5.32%	32.74%	13.46%	5.92%	10.83%	13.27%	7.95%	29.12%
Profit (Net Income) Margin	7.56%	12.93%	2.80%	5.50%	21.62%	1.45%	53.19%	8.46%	5.14%	0.06%	20.03%
Tax Burden Percent	86.13%	86.29%	50.42%	56.95%	92.78%	46.17%	95.27%	87.73%	76.24%	-4.50%	92.42%
Interest Burden Percent	54.06%	-244.87%	38.63%	181.71%	71.19%	23.38%	942.89%	89.11%	50.84%	-17.25%	74.43%
Effective Tax Rate	13.87%	2.29%	15.61%	11.44%	7.22%	48.10%	2.20%	12.27%	23.76%	0.00%	7.58%
Return on Invested Capital (ROIC)	6.63%	5.49%	5.35%	0.34%	5.43%	2.66%	2.12%	5.27%	4.90%	3.18%	5.51%
ROIC Less NNEP Spread (ROIC-NNEP)	7.15%	5.12%	6.24%	-0.27%	3.87%	3.17%	-5.28%	5.49%	5.67%	4.12%	4.38%
Return on Net Nonoperating Assets (RNNOA)	-3.84%	-2.81%	-3.30%	0.14%	-1.84%	-1.54%	2.52%	-2.63%	-2.61%	-1.93%	-1.97%
Return on Equity (ROE)	2.78%	2.67%	2.05%	0.48%	3.59%	1.13%	4.64%	2.64%	2.29%	1.25%	3.54%
Cash Return on Invested Capital (CROIC)	6.36%	9.78%	1.66%	3.82%	8.52%	9.08%	7.57%	-5.91%	-6.16%	-5.25%	1.35%
Operating Return on Assets (OROA)	2.08%	-0.76%	1.81%	0.68%	4.23%	1.72%	0.78%	1.42%	1.65%	0.96%	3.55%
Return on Assets (ROA)	0.97%	1.61%	0.35%	0.70%	2.80%	0.19%	7.00%	1.11%	0.64%	0.01%	2.44%
Return on Common Equity (ROCE)	2.46%	2.36%	1.80%	0.42%	3.12%	0.98%	4.02%	2.36%	2.05%	1.12%	3.16%
Return on Equity Simple (ROE_SIMPLE)	1.91%	0.00%	1.99%	5.49%	6.15%	0.00%	5.12%	2.41%	2.16%	0.00%	8.61%
Net Operating Profit after Tax (NOPAT)	169	141	142	8.76	139	70	57	136	135	85	145
NOPAT Margin	11.98%	9.82%	9.92%	0.65%	10.41%	5.08%	4.06%	9.94%	10.10%	6.87%	12.20%
Net Nonoperating Expense Percent (NNEP)	-0.53%	0.37%	-0.89%	0.62%	1.57%	-0.50%	7.41%	-0.23%	-0.77%	-0.94%	1.13%
Return On Investment Capital (ROIC_SIMPLE)	0.44%	0.37%	-	-	-	0.19%	-	-	-	0.24%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	8.78%	9.96%	8.22%	8.87%	9.47%	9.08%	7.89%	8.02%	8.36%	10.77%	8.17%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	86.09%	62.40%	88.28%	86.47%	88.78%	84.20%	38.04%	88.67%	86.75%	90.19%	86.80%
Earnings before Interest and Taxes (EBIT)	229	-88	206	72	436	184	83	148	178	98	347
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	683	350	676	524	895	605	517	619	603	537	740
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.35	2.85	2.58	2.40	2.37	2.15	2.03	1.90	1.66	1.59	1.63
Price to Tangible Book Value (P/TBV)	5.21	6.19	6.06	5.68	6.34	5.95	5.95	6.52	6.41	5.90	5.82
Price to Revenue (P/Rev)	8.57	10.59	9.65	8.70	7.91	7.22	6.64	6.24	5.57	5.71	5.82
Price to Earnings (P/E)	123.61	104.71	132.29	43.87	38.60	43.52	40.10	82.72	82.16	79.56	18.98
Dividend Yield	3.41%	2.75%	3.02%	3.21%	3.42%	3.74%	4.17%	4.44%	5.20%	5.23%	5.21%
Earnings Yield	0.81%	0.96%	0.76%	2.28%	2.59%	2.30%	2.49%	1.21%	1.22%	1.26%	5.27%
Enterprise Value to Invested Capital (EV/IC)	3.84	4.91	4.15	3.72	3.46	3.07	2.79	2.54	2.01	1.90	1.99
Enterprise Value to Revenue (EV/Rev)	6.87	8.55	7.79	6.94	6.49	5.73	5.25	5.07	4.39	4.32	4.51
Enterprise Value to EBITDA (EV/EBITDA)	17.33	19.41	15.84	14.91	13.47	13.39	12.32	10.40	8.78	8.63	10.45
Enterprise Value to EBIT (EV/EBIT)	92.42	75.82	47.61	48.88	41.74	52.96	55.35	33.73	26.70	27.98	49.03
Enterprise Value to NOPAT (EV/NOPAT)	82.09	108.69	105.91	114.61	76.14	64.52	56.98	46.55	38.05	37.21	35.56
Enterprise Value to Operating Cash Flow (EV/OCF)	16.77	20.99	21.89	21.70	21.70	19.21	17.22	15.38	12.43	12.21	12.45
Enterprise Value to Free Cash Flow (EV/FCFF)	59.82	48.81	253.10	97.06	39.79	33.11	36.27	0.00	0.00	0.00	150.37
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.73	0.72	0.73	0.73	0.82	0.83	0.84	0.91	0.93	0.85	0.83
Long-Term Debt to Equity	0.73	0.72	0.73	0.73	0.82	0.83	0.84	0.91	0.93	0.85	0.83
Financial Leverage	-0.54	-0.55	-0.53	-0.51	-0.48	-0.49	-0.48	-0.48	-0.46	-0.47	-0.45
Leverage Ratio	1.99	2.02	2.02	2.05	2.12	2.11	2.08	2.11	2.10	2.04	2.04
Compound Leverage Factor	1.08	-4.96	0.78	3.73	1.51	0.49	19.61	1.88	1.07	-0.35	1.52
Debt to Total Capital	42.33%	41.90%	42.29%	42.17%	44.96%	45.35%	45.71%	47.66%	48.27%	45.82%	45.36%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	42.33%	41.90%	42.29%	42.17%	44.96%	45.35%	45.71%	47.66%	48.27%	45.82%	45.36%
Preferred Equity to Total Capital	1.82%	1.83%	1.82%	1.89%	1.93%	1.90%	1.98%	1.97%	1.98%	2.02%	2.11%
Noncontrolling Interests to Total Capital	4.68%	4.60%	4.81%	4.83%	4.81%	4.89%	5.00%	4.98%	5.24%	5.63%	5.53%
Common Equity to Total Capital	51.15%	51.66%	51.07%	51.11%	48.30%	47.84%	47.30%	45.39%	44.50%	46.52%	47.00%
Debt to EBITDA	7.62	6.83	6.29	6.43	6.46	7.43	7.41	7.09	7.29	7.07	7.99
Net Debt to EBITDA	-5.44	-5.69	-4.77	-4.81	-3.91	-4.58	-4.38	-3.45	-3.45	-3.96	-4.38
Long-Term Debt to EBITDA	7.62	6.83	6.29	6.43	6.46	7.43	7.41	7.09	7.29	7.07	7.99
Debt to NOPAT	36.08	38.27	42.06	49.42	36.48	35.81	34.28	31.75	31.60	30.47	27.19
Net Debt to NOPAT	-25.75	-31.86	-31.88	-36.94	-22.07	-22.05	-20.26	-15.42	-14.96	-17.09	-14.91
Long-Term Debt to NOPAT	36.08	38.27	42.06	49.42	36.48	35.81	34.28	31.75	31.60	30.47	27.19
Altman Z-Score	1.31	1.59	1.42	1.33	1.19	1.01	0.95	0.77	0.66	0.67	0.76
Noncontrolling Interest Sharing Ratio	11.75%	11.74%	12.14%	12.39%	13.08%	13.26%	13.42%	10.37%	10.60%	10.56%	10.66%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.92	2.07	1.61	1.78	1.28	1.12	1.11	0.58	0.62	0.50	0.64
Quick Ratio	1.92	2.07	1.61	1.78	1.28	1.12	1.11	0.58	0.62	0.50	0.64
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	344	677	-93	69	565	531	338	-996	-1,053	-992	-297
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	3.49	6.27	-0.73	0.60	5.16	4.67	3.05	-8.96	-10.30	-11.42	-3.88
Operating Cash Flow to Interest Expense	4.05	7.13	4.48	5.00	3.22	4.07	3.24	4.18	3.42	5.25	5.48
Operating Cash Flow Less CapEx to Interest Expense	4.68	11.93	4.53	8.71	10.65	5.38	24.18	5.54	3.42	5.25	5.48
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.13	0.12	0.13	0.13	0.13	0.13	0.13	0.13	0.12	0.12	0.12
Accounts Receivable Turnover	4.35	4.38	4.22	4.59	4.78	4.87	4.88	5.25	5.32	5.72	6.21
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	83.96	83.30	86.46	79.58	76.32	74.89	74.73	69.57	68.66	63.83	58.77
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	83.96	83.30	86.46	79.58	76.32	74.89	74.73	69.57	68.66	63.83	58.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	10,091	9,677	10,301	10,195	10,266	10,213	10,066	10,255	10,692	10,675	10,347
Invested Capital Turnover	0.55	0.56	0.54	0.53	0.52	0.52	0.52	0.53	0.49	0.46	0.45
Increase / (Decrease) in Invested Capital	-176	-536	235	-60	-426	-462	-281	1,132	1,188	1,077	442
Enterprise Value (EV)	38,710	47,473	42,771	37,894	35,522	31,398	28,042	25,997	21,524	20,269	20,605
Market Capitalization	48,238	58,823	52,985	47,504	43,267	39,519	35,434	32,028	27,312	26,809	26,590
Book Value per Share	$61.08	$62.12	$62.65	$63.38	$58.55	$60.70	$57.66	$57.96	$56.59	$58.60	$56.82
Tangible Book Value per Share	$27.51	$28.63	$26.72	$26.75	$21.84	$21.93	$19.66	$16.86	$14.64	$15.82	$15.88
Total Capital	40,194	39,890	40,163	38,747	37,861	38,422	36,907	37,202	37,029	36,219	34,743
Total Debt	17,016	16,714	16,987	16,340	17,020	17,426	16,870	17,729	17,876	16,597	15,759
Total Long-Term Debt	17,016	16,714	16,987	16,340	17,020	17,426	16,870	17,729	17,876	16,597	15,759
Net Debt	-12,142	-13,917	-12,876	-12,213	-10,297	-10,732	-9,971	-8,614	-8,461	-9,311	-8,638
Capital Expenditures (CapEx)	-62	-518	-5.77	-426	-814	-149	-2,320	-151	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-554	-1,217	-866	-751	-663	-1,318	-821	-1,056	-854	-1,263	-760
Debt-free Net Working Capital (DFNWC)	1,768	2,653	1,309	1,531	531	308	241	-932	-722	-1,122	-583
Net Working Capital (NWC)	1,768	2,653	1,309	1,531	531	308	241	-932	-722	-1,122	-583
Net Nonoperating Expense (NNE)	62	-45	102	-66	-149	50	-689	20	66	84	-93
Net Nonoperating Obligations (NNO)	-13,088	-13,498	-12,876	-12,213	-10,574	-10,783	-9,971	-9,218	-8,461	-8,947	-8,638
Total Depreciation and Amortization (D&A)	455	438	470	452	459	421	434	471	425	439	393
Debt-free, Cash-free Net Working Capital to Revenue	-9.84%	-21.92%	-15.78%	-13.76%	-12.12%	-24.06%	-15.38%	-20.59%	-17.41%	-26.93%	-16.64%
Debt-free Net Working Capital to Revenue	31.39%	47.77%	23.85%	28.03%	9.70%	5.62%	4.51%	-18.17%	-14.73%	-23.90%	-12.76%
Net Working Capital to Revenue	31.39%	47.77%	23.85%	28.03%	9.70%	5.62%	4.51%	-18.17%	-14.73%	-23.90%	-12.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.30	$0.52	$0.13	$0.22	$0.87	$0.07	$2.40	$0.37	$0.20	($0.02)	$0.79
Adjusted Weighted Average Basic Shares Outstanding	336.68M	323.34M	327.98M	319.54M	312.29M	298.60M	301.83M	295.39M	291.22M	286.33M	286.69M
Adjusted Diluted Earnings per Share	$0.27	$0.50	$0.09	$0.20	$0.82	$0.03	$2.33	$0.37	$0.20	($0.05)	$0.75
Adjusted Weighted Average Diluted Shares Outstanding	344.72M	331.55M	336.25M	327.95M	320.80M	309.07M	311.34M	306.82M	303.07M	297.92M	296.42M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	336.79M	336.64M	331.71M	327.41M	312.43M	312.29M	302.85M	302.71M	291.35M	291.16M	287.52M
Normalized Net Operating Profit after Tax (NOPAT)	203	153	163	27	168	90	-611	151	145	97	169
Normalized NOPAT Margin	14.42%	10.62%	11.38%	1.99%	12.63%	6.60%	-43.58%	11.08%	10.80%	7.85%	14.21%
Pre Tax Income Margin	8.78%	14.99%	5.56%	9.66%	23.31%	3.15%	55.83%	9.65%	6.74%	-1.37%	21.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.32	-0.81	1.63	0.63	3.98	1.62	0.75	1.33	1.74	1.13	4.54
NOPAT to Interest Expense	1.71	1.31	1.12	0.08	1.27	0.61	0.51	1.22	1.32	0.97	1.90
EBIT Less CapEx to Interest Expense	2.95	3.99	1.68	4.35	11.41	2.93	21.69	2.69	1.74	1.13	4.54
NOPAT Less CapEx to Interest Expense	2.34	6.11	1.17	3.79	8.70	1.92	21.46	2.58	1.32	0.97	1.90
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	416.20%	281.25%	391.60%	143.78%	136.22%	159.54%	159.98%	346.73%	390.50%	369.77%	96.38%
Augmented Payout Ratio	416.20%	281.25%	391.60%	143.78%	136.22%	159.54%	159.98%	346.73%	390.50%	369.77%	96.38%

Frequently Asked Questions About Digital Realty Trust's Financials

When does Digital Realty Trust's fiscal year end?

According to the most recent income statement we have on file, Digital Realty Trust's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Digital Realty Trust's net income changed over the last 9 years?

Digital Realty Trust's net income appears to be on an upward trend, with a most recent value of $588.33 million in 2024, rising from $301.59 million in 2015. The previous period was $950.31 million in 2023. See Digital Realty Trust's forecast for analyst expectations on what’s next for the company.

What is Digital Realty Trust's operating income?

Digital Realty Trust's total operating income in 2024 was $471.86 million, based on the following breakdown:

Total Gross Profit: $5.55 billion
Total Operating Expenses: $4.51 billion

How has Digital Realty Trust revenue changed over the last 9 years?

Over the last 9 years, Digital Realty Trust's total revenue changed from $1.76 billion in 2015 to $5.55 billion in 2024, a change of 215.0%.

How much debt does Digital Realty Trust have?

Digital Realty Trust's total liabilities were at $22.11 billion at the end of 2024, a 4.4% decrease from 2023, and a 221.4% increase since 2015.

How much cash does Digital Realty Trust have?

In the past 9 years, Digital Realty Trust's cash and equivalents has ranged from $51 thousand in 2017 to $3.87 billion in 2024, and is currently $3.87 billion as of their latest financial filing in 2024.

How has Digital Realty Trust's book value per share changed over the last 9 years?

Over the last 9 years, Digital Realty Trust's book value per share changed from 31.16 in 2015 to 62.12 in 2024, a change of 99.4%.

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This page (NYSE:DLR) was last updated on 5/28/2025 by MarketBeat.com Staff

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Digital Realty Trust (DLR) Financials

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Digital Realty Trust (DLR) Financials

Annual Income Statements for Digital Realty Trust

Quarterly Income Statements for Digital Realty Trust

Annual Cash Flow Statements for Digital Realty Trust

Quarterly Cash Flow Statements for Digital Realty Trust

Annual Balance Sheets for Digital Realty Trust

Quarterly Balance Sheets for Digital Realty Trust

Annual Metrics And Ratios for Digital Realty Trust

Quarterly Metrics And Ratios for Digital Realty Trust

Frequently Asked Questions About Digital Realty Trust's Financials

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