Digital Realty Trust, Inc. DLR
Digital Realty Trust, Inc. owns, acquires, develops, and operates data centers through its operating partnership subsidiary, Digital Realty Trust, L.P. The company is focused on providing data center, colocation, and interconnection solutions for domestic and international customers across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products. As of March 31, 2026, the company's 309 data centers, including 89 data centers held as investments in unconsolidated entities, contain applications and operations critical to the day-to-day operations of technology industry and corporate enterprise data center customers. Digital Realty's portfolio is comprised of approximately 3.0 gigawatts of IT capacity, as well as approximately 6.3 gigawatts of buildable IT capacity under active development and held for future development, located throughout North America, Europe, South America, Asia, Australia, and Africa. Digital Realty Trust, Inc. was established and incorporated on March 09, 2004 in Maryland and is based in Austin, Texas.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-13 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model DLR yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $6.11B | $1.31B | $1.89B | $3.59B | $2.41B |
| 2024 | $5.55B | $602.49M | $1.77B | $2.87B | $2.26B |
| 2023 | $5.48B | $948.84M | $1.69B | $3.16B | $1.63B |
| 2022 | $4.69B | $377.68M | $1.58B | $2.29B | $1.66B |
| 2021 | $4.43B | $1.71B | $1.49B | $3.60B | $1.70B |
| 2020 | $3.90B | $356.40M | $1.37B | $2.10B | $1.71B |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-15 | 2026-06-15 | 2026-06-30 | 2026-05-12 | $1.22 | Quarterly |
| 2026-03-13 | 2026-03-13 | 2026-03-31 | 2026-02-19 | $1.22 | Quarterly |
| 2025-12-15 | 2025-12-15 | 2026-01-16 | 2025-11-03 | $1.22 | Quarterly |
| 2025-09-15 | 2025-09-15 | 2025-09-30 | 2025-08-11 | $1.22 | Quarterly |
| 2025-06-13 | 2025-06-13 | 2025-06-30 | 2025-05-29 | $1.22 | Quarterly |
| 2025-03-14 | 2025-03-14 | 2025-03-31 | 2025-02-26 | $1.22 | Quarterly |
| 2024-12-13 | 2024-12-13 | 2025-01-17 | 2024-11-04 | $1.22 | Quarterly |
| 2024-09-13 | 2024-09-13 | 2024-09-30 | 2024-08-07 | $1.22 | Quarterly |
| 2024-06-14 | 2024-06-14 | 2024-06-28 | 2024-05-08 | $1.22 | Quarterly |
| 2024-03-14 | 2024-03-15 | 2024-03-28 | 2024-02-28 | $1.22 | Quarterly |
| 2023-12-14 | 2023-12-15 | 2024-01-19 | 2023-11-28 | $1.22 | Quarterly |
| 2023-09-14 | 2023-09-15 | 2023-09-29 | 2023-08-09 | $1.22 | Quarterly |
| 2023-06-14 | 2023-06-15 | 2023-06-30 | 2023-05-24 | $1.22 | Quarterly |
| 2023-03-14 | 2023-03-15 | 2023-03-31 | 2023-02-22 | $1.22 | Quarterly |
| 2022-12-14 | 2022-12-15 | 2023-01-13 | 2022-11-29 | $1.22 | Quarterly |
| 2022-09-14 | 2022-09-15 | 2022-09-30 | 2022-08-17 | $1.22 | Quarterly |
| 2022-06-14 | 2022-06-15 | 2022-06-30 | 2022-05-24 | $1.22 | Quarterly |
| 2022-03-14 | 2022-03-15 | 2022-03-31 | 2022-03-03 | $1.22 | Quarterly |
| 2021-12-14 | 2021-12-15 | 2022-01-14 | 2021-11-18 | $1.16 | Quarterly |
| 2021-09-14 | 2021-09-15 | 2021-09-30 | 2021-08-11 | $1.16 | Quarterly |
| 2021-06-14 | 2021-06-15 | 2021-06-30 | 2021-05-10 | $1.16 | Quarterly |
| 2021-03-12 | 2021-03-15 | 2021-03-31 | 2021-02-25 | $1.16 | Quarterly |
| 2020-12-14 | 2020-12-15 | 2021-01-15 | 2020-11-10 | $1.12 | Quarterly |
| 2020-09-14 | 2020-09-15 | 2020-09-30 | 2020-08-11 | $1.12 | Quarterly |
Coverage (payout of operating cash flow): 71.13%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
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Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.