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DLR vs CCI
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Specialty
DLR vs CCI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Office | REIT - Specialty |
| Market Cap | $67.59B | $38.88B |
| Revenue (TTM) | $6.19B | $4.21B |
| Net Income (TTM) | $1.31B | $1.06B |
| Gross Margin | 40.0% | 65.7% |
| Operating Margin | 13.7% | 48.0% |
| Forward P/E | 97.2x | 43.0x |
| Total Debt | $24.18B | $29.57B |
| Cash & Equiv. | $3.45B | $269M |
DLR vs CCI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Digital Realty Trus… (DLR) | 100 | 137.0 | +37.0% |
| Crown Castle Inc. (CCI) | 100 | 51.8 | -48.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: DLR vs CCI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
DLR is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 10.0%, EPS growth 122.4%, 3Y rev CAGR 9.2%
- 163.8% 10Y total return vs CCI's 58.4%
- 10.0% FFO/revenue growth vs CCI's -35.1%
CCI carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 0 yrs, beta 0.26, yield 5.3%
- Lower volatility, beta 0.26, current ratio 0.26x
- Beta 0.26, yield 5.3%, current ratio 0.26x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 10.0% FFO/revenue growth vs CCI's -35.1% | |
| Value | Lower P/E (43.0x vs 97.2x) | |
| Quality / Margins | 25.1% margin vs DLR's 21.1% | |
| Stability / Safety | Beta 0.26 vs DLR's 0.77 | |
| Dividends | 5.3% yield, vs DLR's 2.5% | |
| Momentum (1Y) | +21.0% vs CCI's -12.7% | |
| Efficiency (ROA) | 3.4% ROA vs DLR's 2.7%, ROIC 5.5% vs 1.2% |
DLR vs CCI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
DLR vs CCI — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CCI leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DLR and CCI operate at a comparable scale, with $6.2B and $4.2B in trailing revenue. Profitability is closely matched — net margins range from 25.1% (CCI) to 21.1% (DLR). On growth, DLR holds the edge at +19.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $6.2B | $4.2B |
| EBITDAEarnings before interest/tax | $2.7B | $2.7B |
| Net IncomeAfter-tax profit | $1.3B | $1.1B |
| Free Cash FlowCash after capex | $233M | $2.7B |
| Gross MarginGross profit ÷ Revenue | +40.0% | +65.7% |
| Operating MarginEBIT ÷ Revenue | +13.7% | +48.0% |
| Net MarginNet income ÷ Revenue | +21.1% | +25.1% |
| FCF MarginFCF ÷ Revenue | +3.8% | +64.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +19.3% | -4.8% |
| EPS Growth (YoY)Latest quarter vs prior year | -51.0% | +132.1% |
Valuation Metrics
CCI leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
At 54.9x trailing earnings, DLR trades at a 37% valuation discount to CCI's 87.4x P/E. On an enterprise value basis, CCI's 24.6x EV/EBITDA is more attractive than DLR's 34.6x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $67.6B | $38.9B |
| Enterprise ValueMkt cap + debt − cash | $88.3B | $68.2B |
| Trailing P/EPrice ÷ TTM EPS | 54.94x | 87.35x |
| Forward P/EPrice ÷ next-FY EPS est. | 97.24x | 42.99x |
| PEG RatioP/E ÷ EPS growth rate | 1.89x | — |
| EV / EBITDAEnterprise value multiple | 34.59x | 24.63x |
| Price / SalesMarket cap ÷ Revenue | 11.06x | 9.12x |
| Price / BookPrice ÷ Book value/share | 2.78x | — |
| Price / FCFMarket cap ÷ FCF | 28.02x | 13.52x |
Profitability & Efficiency
DLR leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), DLR scores 7/9 vs CCI's 4/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.3% | — |
| ROA (TTM)Return on assets | +2.7% | +3.4% |
| ROICReturn on invested capital | +1.2% | +5.5% |
| ROCEReturn on capital employed | +1.5% | +7.2% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 4 |
| Debt / EquityFinancial leverage | 0.97x | — |
| Net DebtTotal debt minus cash | $20.7B | $29.3B |
| Cash & Equiv.Liquid assets | $3.5B | $269M |
| Total DebtShort + long-term debt | $24.2B | $29.6B |
| Interest CoverageEBIT ÷ Interest expense | 3.87x | 2.17x |
Total Returns (Dividends Reinvested)
DLR leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in DLR five years ago would be worth $14,712 today (with dividends reinvested), compared to $6,417 for CCI. Over the past 12 months, DLR leads with a +21.0% total return vs CCI's -12.7%. The 3-year compound annual growth rate (CAGR) favors DLR at 29.9% vs CCI's -3.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +27.7% | +1.6% |
| 1-Year ReturnPast 12 months | +21.0% | -12.7% |
| 3-Year ReturnCumulative with dividends | +119.2% | -10.7% |
| 5-Year ReturnCumulative with dividends | +47.1% | -35.8% |
| 10-Year ReturnCumulative with dividends | +163.8% | +58.4% |
| CAGR (3Y)Annualised 3-year return | +29.9% | -3.7% |
Risk & Volatility
Evenly matched — DLR and CCI each lead in 1 of 2 comparable metrics.
Risk & Volatility
CCI is the less volatile stock with a 0.26 beta — it tends to amplify market swings less than DLR's 0.77 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. DLR currently trades 94.5% from its 52-week high vs CCI's 77.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.77x | 0.26x |
| 52-Week HighHighest price in past year | $208.09 | $115.76 |
| 52-Week LowLowest price in past year | $146.23 | $75.96 |
| % of 52W HighCurrent price vs 52-week peak | +94.5% | +77.0% |
| RSI (14)Momentum oscillator 0–100 | 61.0 | 60.3 |
| Avg Volume (50D)Average daily shares traded | 1.9M | 3.0M |
Analyst Outlook
CCI leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates DLR as "Buy" and CCI as "Buy". Consensus price targets imply 18.3% upside for CCI (target: $105) vs 6.3% for DLR (target: $209). For income investors, CCI offers the higher dividend yield at 5.34% vs DLR's 2.50%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $209.00 | $105.40 |
| # AnalystsCovering analysts | 48 | 46 |
| Dividend YieldAnnual dividend ÷ price | +2.5% | +5.3% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $4.92 | $4.76 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% |
CCI leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). DLR leads in 2 (Profitability & Efficiency, Total Returns). 1 tied.
DLR vs CCI: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is DLR or CCI a better buy right now?
For growth investors, Digital Realty Trust, Inc.
(DLR) is the stronger pick with 10. 0% revenue growth year-over-year, versus -35. 1% for Crown Castle Inc. (CCI). Digital Realty Trust, Inc. (DLR) offers the better valuation at 54. 9x trailing P/E (97. 2x forward), making it the more compelling value choice. Analysts rate Digital Realty Trust, Inc. (DLR) a "Buy" — based on 48 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — DLR or CCI?
On trailing P/E, Digital Realty Trust, Inc.
(DLR) is the cheapest at 54. 9x versus Crown Castle Inc. at 87. 4x. On forward P/E, Crown Castle Inc. is actually cheaper at 43. 0x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — DLR or CCI?
Over the past 5 years, Digital Realty Trust, Inc.
(DLR) delivered a total return of +47. 1%, compared to -35. 8% for Crown Castle Inc. (CCI). Over 10 years, the gap is even starker: DLR returned +163. 8% versus CCI's +58. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — DLR or CCI?
By beta (market sensitivity over 5 years), Crown Castle Inc.
(CCI) is the lower-risk stock at 0. 26β versus Digital Realty Trust, Inc. 's 0. 77β — meaning DLR is approximately 194% more volatile than CCI relative to the S&P 500.
05Which is growing faster — DLR or CCI?
By revenue growth (latest reported year), Digital Realty Trust, Inc.
(DLR) is pulling ahead at 10. 0% versus -35. 1% for Crown Castle Inc. (CCI). On earnings-per-share growth, the picture is similar: Digital Realty Trust, Inc. grew EPS 122. 4% year-over-year, compared to 111. 4% for Crown Castle Inc.. Over a 3-year CAGR, DLR leads at 9. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — DLR or CCI?
Digital Realty Trust, Inc.
(DLR) is the more profitable company, earning 21. 4% net margin versus 10. 4% for Crown Castle Inc. — meaning it keeps 21. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CCI leads at 48. 7% versus 10. 8% for DLR. At the gross margin level — before operating expenses — CCI leads at 66. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is DLR or CCI more undervalued right now?
On forward earnings alone, Crown Castle Inc.
(CCI) trades at 43. 0x forward P/E versus 97. 2x for Digital Realty Trust, Inc. — 54. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CCI: 18. 3% to $105. 40.
08Which pays a better dividend — DLR or CCI?
All stocks in this comparison pay dividends.
Crown Castle Inc. (CCI) offers the highest yield at 5. 3%, versus 2. 5% for Digital Realty Trust, Inc. (DLR).
09Is DLR or CCI better for a retirement portfolio?
For long-horizon retirement investors, Crown Castle Inc.
(CCI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 26), 5. 3% yield). Both have compounded well over 10 years (CCI: +58. 4%, DLR: +163. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between DLR and CCI?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: DLR is a mid-cap quality compounder stock; CCI is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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