Company Analysis

Digital Realty Trust, Inc. (DLR)

NYSE: DLR · Real Estate Investment Trusts · Dallas, TX · filing with the SEC since 2004
Grade6.3
◀ Past 7.0● Present 5.5▶ Future 6.9

The grade of Digital Realty Trust, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.3/10
◀ Past7.025% of the headline
● Present5.545% of the headline
▶ Future6.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.0/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 70th percentile among 174 sector filers · read for itself

From the record

Digital Realty Trust, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.4/10

What has it actually done, year after year?

+12.4% a year over 10 filed years; profitable in 10 of 10.

weight 33% of this tense · 84th percentile among 156 sector filers · read for its customers

From the record

Digital Realty Trust, Inc.'s 10 filed years say what it did: revenue went from $2.1 billion in fiscal 2016 to $6.1 billion in fiscal 2025, up 12.4% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span12.4%top 25% of its family
  • the share of years revenue rosetop 10% of its family
  • the share of filed years with a profittop 20% of its family
  • the deepest fall from a revenue peak0.0%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.8/10

How has it treated the people who own it?

Share count grew 5.3% a year. 77% of cash flow returned. Insiders: 2 sales, 0 purchases.

weight 22% of this tense · 48th percentile among 156 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Digital Realty Trust, Inc.'s diluted share count grew about 5.3% a year, and dividends and buybacks returned about 77% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales and 0 purchases of their own stock on the open market in the year to 2026-10-02 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 31% of its family
  • cash returned against operating cash flowtop 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.5/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
4.8/10

Is it financially healthy right now?

ROE 6%: 6¢ of profit per shareholder dollar. Leverage 53%: owes 53¢ per asset dollar.

weight 45% of this tense · 48th percentile among 171 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Digital Realty Trust, Inc. earned about 6 cents of profit for every dollar of shareholders' money. Leverage: it owed about 53 cents per dollar of assets, and net share issuance: its share count grew 4.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 37% of its family
  • return on equitytop 46% of its family
  • the share count against the year beforebottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.4/10

How strong is its position in its industry?

top 26% of 157 in its family; net margin 21.4%.

weight 33% of this tense · 74th percentile among 157 sector filers · read for its customers

From the record

Digital Realty Trust, Inc.'s standing among 157 graded names in its industry family: revenue of $6.1 billion in fiscal 2025 ranks in the top 5% by size; a net margin of 21.4% ranks in the top 39%; revenue growth of 9.2% a year over the last 3 filed years ranks in the top 34% (its annual reports).

What it rests on

  • revenue against the family$6.11Btop 5% of its family
  • net margin21.4%top 39% of its family
  • three-year revenue growth9.2%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.2/10

What are the people in charge doing?

bottom 42% of 160 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 42nd percentile among 160 sector filers · read for its shareholders

From the record

Digital Realty Trust, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Power, Andrew (PRESIDENT AND CEO, as filed), filing under that title since 2023-01-04, 3.9 years (bottom 32% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 6.9 years (bottom 37%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (top 45%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 13 peopletop 45% of its family
  • the median years the people in charge have filed6.9 yearsbottom 37% of its family
  • the chief executive's years on the record3.9 yearsbottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.7/10

How much room does it have to grow?

top 23% of 146 in its family for room to expand.

weight 22% of this tense · 77th percentile among 146 sector filers · read for itself

From the record

Digital Realty Trust, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3.5 billion against no long-term debt tagged leaves 7% of its assets as net cash, top 6% of its family; cash from operations less capital spending is 39.5% of revenue (top 41%) (its annual report).

What it rests on

  • cash less debt against assets7.0%top 6% of its family
  • cash from operations less capital spending against revenue39.5%top 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 42% of 153 in its family for growth drivers.

weight 33% of this tense · 58th percentile among 153 sector filers · read for its customers

From the record

Digital Realty Trust, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 9.2% a year over the last three filed years against 12.4% over all 10, slowing (bottom 39% of its family); the newest year grew 10% (top 23%) (its annual reports). Digital Realty Trust, Inc. reported 2 product lines in fiscal 2025: Rental and Other Services at $6.0 billion (98%), Fee Income and Other at $144 million (2%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-3.1 points a yearbottom 39% of its family
  • the newest year's revenue growth10.0%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.4/10

Did its newest year beat what its own record pointed to?

top 26% of 150 in its family for expectations against reality.

weight 45% of this tense · 74th percentile among 150 sector filers · read for its shareholders

From the record

Digital Realty Trust, Inc.'s newest year against its own record: revenue of $6.1 billion in fiscal 2025 came in 1.1% above the $6.0 billion its prior three years' pace pointed to (top 35% of its family); net income of $1.3 billion against a prior three-year average of $643 million (top 19%); a net margin of 21.4% against 12.1% before (top 23%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace1.1%top 35% of its family
  • net income against the prior three years' average+103%top 19% of its family
  • net margin against its prior average+9.3 pointstop 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DLR · research, not advice