Stock Analysis
Digital Realty Trust, Inc.DLR
P/E 81.71×· 5Y range 18.21–145.76×· 74th percentile of history
Sector: Real Estate · Industry: Real Estate Investment Trusts
AnalystsStrong Buy38 analystsP/E 81.7× sits at the 74th percentile of its 5.0978781656399725-year history.
Cash covers 9% of debt · Q2 2026.
PMP Verdict
Weak fundamentals
Strengths
- Quality65
Risks
- Financial Health24
- Growth32
Weak fundamentals — valuation is the only support.
What's happening with DLR
Profile
financial health, moat, valuation, growth and profitability lag behind.
How is each axis scored?
- Valuation27/100 · Weak
- P/E vs own history (74th pct)5/25
- FCF yield (n/a)10/25
- P/S (9.6x)12/25
- EV/EBIT (84.7x)0/25
- Growth32/100 · Weak
- Revenue CAGR (8.4%)12/25
- Net income CAGR (-6.5%)0/25
- EPS CAGR 5Y (-11.1%)0/25
- Fwd implied growth (20.6%)20/25
- Profitability42/100 · Weak
- ROIC (1.6%)5/25
- ROE (2.7%)5/25
- Net margin (11.8%)20/25
- Operating margin (14.6%)12/25
- Financial Health24/100 · Weak
- Altman Z (0.11)3/25
- Current ratio (0.74)6/25
- Interest coverage (3.2x)10/25
- Net cash / debt (D/A 33%)5/25
- Quality65/100 · Moderate
- Piotroski F (5/9)15/25
- Beneish M (-2.55)25/25
- FCF conversion (n/a)0/25
- Margin stability (σ 4.6%)25/25
- Moat24/100 · Weak
- ROIC >12% years (0/10 yrs)0/25
- Median gross margin (18.4%)6/25
- FCF-positive years (n/a)0/25
- Worst-year net margin (worst 8.0%)18/25
Risk Flags
- ⚠Altman Z 0.1 — distress-zone balance sheet
About Digital Realty Trust, Inc.
Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Show more
Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).
Headquarters: AUSTIN, TX · Employees: 4,282 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
27EP/E (TTM)81.7xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 18.2x–145.8x · 74th pct
P/FCF421.2xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield0.2%C
Grade C: LowInverse of Finnhub P/FCF (own TTM FCF unavailable)
P/S (TTM)9.64xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 5.3x–11.7x · 62nd pct
EV/EBIT84.7xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 68.9x–194.5x · 28th pct
EV/Sales11.7xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E67.8xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.21xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio-8.58A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield2.83%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio221.8%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
42D+ROIC1.6%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE2.7%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA1.6%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin11.8%A
Grade A: HighNet Income / Revenue
Operating Margin14.6%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin59.5%A
Grade A: PremiumGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
32DRevenue CAGR8.4%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-6.5%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-11.1%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth20.6%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+31.5%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income12.8%C
Grade C: MedStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.5%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
24EAltman Z-Score0.11D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.74xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.74xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage3.2xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT18.5xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity0.68xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.09xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
65BPiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.55A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability4.6%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.13xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Kornegay Christine Beseda Filed | Kornegay Christine Beseda | Tax withholding | -54 | |
Jamieson VeraLinn Filed | Jamieson VeraLinn | Grant / award | +156 | |
Swanezy Susan Filed | Swanezy Susan | Grant / award | +156 | |
Patterson Mark R Filed | Patterson Mark R | SellOpen market sale | -200 | |
Kornegay Christine Beseda Filed | Kornegay Christine Beseda | Tax withholding | -53 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Jamieson VeraLinn Filed | Jamieson VeraLinn | Grant / award | +153 | |
Swanezy Susan Filed | Swanezy Susan | Grant / award | +153 | |
Bolze Stephen R. Filed | Bolze Stephen R. | Grant / award | +1.3K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
24EROIC >12% Years0/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)18.4%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years—
Share of completed fiscal years with positive free cash flow
Net Margin Floor8.0%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.15
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$5.04
Cash & short-term investments per share (Finnhub)
Book Value / Share$74.15
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$20.07B
Total debt obligations (short + long term)
Cash & Equiv.$1.86B
Cash and short-term investments
Net Debt$18.21B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$29.55B
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$65.28B
Current Market Capitalization
Beta1.02B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Digital Realty Trust, Inc. (DLR)
DLR is up 0.86% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Digital Realty Trust, Inc.. Altman Z-Score of 0.11 is below the 1.81 distress threshold — an elevated financial-risk flag.
- Beneish M-Score of -2.55 suggests a low likelihood of earnings manipulation.
- At a valuation score of 27/100, DLR trades at a premium to its historical multiples (P/E 81.7).
- The stock currently yields 2.8% in dividends.
See how DLR ranks on the Capex Tracker — top 50 capital spenders compared.
No significant market moves for DLR in the last 30 days.
See DLR move history →Frequently Asked Questions about DLR
What is the current Digital Realty Trust, Inc. (DLR) stock price?
DLR is trading at $175.97 at the last market close, up 0.86% on the session. PreMarketPrice tracks DLR pre-market, intraday and after-hours prices.
Is DLR stock a buy right now?
PreMarketPrice's quantitative model rates Digital Realty Trust, Inc.'s financial health at 24/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is DLR stock overvalued?
Digital Realty Trust, Inc. trades at a trailing P/E of 81.7 and our valuation score rates it 27/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Digital Realty Trust, Inc. report earnings?
No confirmed earnings date is currently scheduled for DLR. The Earnings section lists recent reports and updates as dates are announced.
What sector does Digital Realty Trust, Inc. operate in?
Digital Realty Trust, Inc. operates in the Real Estate sector, within the Real Estate Investment Trusts industry. The Related Stocks section lists sector peers for comparison.
What does Digital Realty Trust, Inc. do?
Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses.
About Digital Realty Trust, Inc. (DLR) Stock
Digital Realty Trust, Inc. (DLR) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry. As of the latest update, Digital Realty Trust, Inc. is trading at $175.97, up 0.86% on the day with a market capitalization of $65.3 billion. The financial health score for DLR is 24/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for DLR stock.
DLR Stock Analysis & Key Metrics
On PreMarketPrice, you can track Digital Realty Trust, Inc. (DLR) across multiple dimensions:
- Pre-market price & movement: Real-time DLR stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for DLR with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Digital Realty Trust, Inc. across multiple reporting periods.
- Financial health score: A composite score of 24/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for DLR.
- Sector peers: Compare DLR against 5 other real estate stocks on key financial metrics.
Is DLR a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Digital Realty Trust, Inc. (DLR) as an investment. The financial health score of 24/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Digital Realty Trust, Inc. (DLR) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.