Digital Realty Trust, Inc. (DLR) stock
DLRNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as DLR.PJ, DLR.PK, DLR.PL
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 7/30104% above fair value
$183.47+2.34 (+1.29%)
Close on Nov 12, 2026Market cap $69.41BP/E 76.4Yield –
Digital Realty Trust operating margin
Operating margin is operating income as a percentage of revenue.
Digital Realty Trust's operating margin for the twelve months ending Sep 30, 2026 was 2.8%. For fiscal 2025 it was 10.8%, against 8.5% the year before. The highest annual figure on record is 28.6% in fiscal 2011.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10.8% | +2.3 |
| FY2024 | Dec 31, 2024 | 8.5% | −1.1 |
| FY2023 | Dec 31, 2023 | 9.6% | −3.0 |
| FY2022 | Dec 31, 2022 | 12.6% | −3.1 |
| FY2021 | Dec 31, 2021 | 15.7% | +1.4 |
| FY2020 | Dec 31, 2020 | 14.3% | −4.2 |
| FY2019 | Dec 31, 2019 | 18.5% | +0.5 |
| FY2018 | Dec 31, 2018 | 18.0% | −0.3 |
| FY2017 | Dec 31, 2017 | 18.4% | −4.9 |
| FY2016 | Dec 31, 2016 | 23.2% | +0.4 |
| FY2015 | Dec 31, 2015 | 22.8% | +6.8 |
| FY2014 | Dec 31, 2014 | 16.0% | −9.8 |
| FY2013 | Dec 31, 2013 | 25.8% | −2.9 |
| FY2012 | Dec 31, 2012 | 28.6% | −0.0 |
| FY2011 | Dec 31, 2011 | 28.6% | +0.6 |
| FY2010 | Dec 31, 2010 | 28.0% | +0.1 |
| FY2009 | Dec 31, 2009 | 27.9% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 15.9% | +5.9 |
| Q2 FY2026 | Jun 30, 2026 | 24.3% | −52.3 |
| Q1 FY2026 | Mar 31, 2026 | 16.4% | +2.4 |
| Q4 FY2025 | Dec 31, 2025 | -51.4% | −61.4 |
| Q3 FY2025 | Sep 30, 2025 | 10.0% | −1.7 |
| Q2 FY2025 | Jun 30, 2025 | 76.6% | +75.9 |
| Q1 FY2025 | Mar 31, 2025 | 14.0% | +2.8 |
| Q4 FY2024 | Dec 31, 2024 | 10.1% | +0.3 |
| Q3 FY2024 | Sep 30, 2024 | 11.8% | +7.6 |
| Q2 FY2024 | Jun 30, 2024 | 0.7% | −10.6 |
| Q1 FY2024 | Mar 31, 2024 | 11.2% | −2.0 |
| Q4 FY2023 | Dec 31, 2023 | 9.8% | −0.0 |
| Q3 FY2023 | Sep 30, 2023 | 4.2% | −9.1 |
| Q2 FY2023 | Jun 30, 2023 | 11.3% | −3.6 |
| Q1 FY2023 | Mar 31, 2023 | 13.2% | +0.7 |
| Q4 FY2022 | Dec 31, 2022 | 9.8% | −2.0 |
| Q3 FY2022 | Sep 30, 2022 | 13.2% | −3.1 |
| Q2 FY2022 | Jun 30, 2022 | 15.0% | −2.0 |
| Q1 FY2022 | Mar 31, 2022 | 12.5% | −5.1 |
| Q4 FY2021 | Dec 31, 2021 | 11.8% | −3.2 |
| Q3 FY2021 | Sep 30, 2021 | 16.3% | +2.2 |
| Q2 FY2021 | Jun 30, 2021 | 17.0% | +1.6 |
| Q1 FY2021 | Mar 31, 2021 | 17.7% | +5.5 |
| Q4 FY2020 | Dec 31, 2020 | 15.1% | −2.6 |
| Q3 FY2020 | Sep 30, 2020 | 14.1% | −6.3 |
| Q2 FY2020 | Jun 30, 2020 | 15.4% | −3.2 |
| Q1 FY2020 | Mar 31, 2020 | 12.2% | −5.2 |
| Q4 FY2019 | Dec 31, 2019 | 17.6% | +1.9 |
| Q3 FY2019 | Sep 30, 2019 | 20.4% | +2.3 |
| Q2 FY2019 | Jun 30, 2019 | 18.6% | −0.5 |
| Q1 FY2019 | Mar 31, 2019 | 17.4% | −1.9 |
| Q4 FY2018 | Dec 31, 2018 | 15.8% | −0.2 |
| Q3 FY2018 | Sep 30, 2018 | 18.1% | +7.2 |
| Q2 FY2018 | Jun 30, 2018 | 19.1% | −4.0 |
| Q1 FY2018 | Mar 31, 2018 | 19.3% | −5.6 |
| Q4 FY2017 | Dec 31, 2017 | 16.0% | −10.2 |
| Q3 FY2017 | Sep 30, 2017 | 10.8% | – |
| Q2 FY2017 | Jun 30, 2017 | 23.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 24.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 26.2% | – |
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