The company has successfully reduced total debt from $420.8 million in 2023Q4 to $329.2 million in 2026Q1, maintaining a conservative debt-to-equity ratio of 0.14.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|
| Total Assets | 3.33B | 3.42B | 3.51B | 3.56B | 11.03B | 14.2B | 20.2B | 19.83B | 22.22B | 24.79B | 9.76B | 10.04B | 5.87B | 2.63B | 1.44B | 727.52M | 390.46M |
| Asset Growth % | -9.89% | -2.68% | -1.38% | -67.7% | -22.32% | -29.72% | 1.86% | -10.73% | -10.37% | 153.93% | -2.77% | 70.97% | 123.39% | 83.1% | 97.32% | 86.33% | - |
| Real Estate & Other Assets | 3.89M | -2.27B | 2.41M | 2.51B | 15.86M | 5.04B | 722.47M | 43.8M | 400.14M | 20.3M | 388.54M | 657.8M | 175.03M | 33.74M | 22.66M | 47.53M | 0 |
| PP&E (Net) | 26.49M | 0 | 38.61M | 41.13M | 32.62M | 498.58M | 627M | 265.33M | 47.93M | 53.63M | 45.45M | 48.46M | 1.64B | 112.47M | 0 | 0 | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 553.13M | 382.51M | 441.96M | 464.36M | 9.49B | 5.77B | 6.35B | 3.88B | 6.5B | 5.77B | 4.07B | 4.61B | 2.27B | 1.1B | 535.82M | 236.49M | 141.71M |
| Cash & Equivalents | 411.33M | 382.51M | 302.15M | 345.33M | 855.56M | 1.6B | 703.54M | 1.21B | 461.91M | 921.82M | 376M | 185.85M | 141.94M | 43.17M | 170.2M | 3.87M | 66.25M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 6.25M | -104.38M | 4.59M | 21.66M | 8.43B | 3.78B | 377.97M | 2.46B | 1.41B | 1.27B | 415.72M | 558.84M | 76.94M | 7.9M | 145.1M | 0 | 0 |
| Intangible Assets | 43.4M | 48.4M | 72.46M | 103.75M | 85.7M | 1.19B | 376.21M | 638.85M | 445.93M | 852.87M | 278.74M | 325.51M | 106.06M | 7.77M | 0 | 0 | 0 |
| Total Liabilities | 914.58M | 968.96M | 1.02B | 1.05B | 6.46B | 8.93B | 12.91B | 10.9B | 11.06B | 12.44B | 4.14B | 4.62B | 2.94B | 674.33M | 152.54M | 114.03M | 57.18M |
| Total Debt | 329.2M | 330.97M | 339.71M | 420.82M | 902.04M | 5.64B | 4.42B | 8.98B | 8.98B | 10.83B | 3.72B | 4.18B | 2.75B | 616.11M | 108.17M | 82.84M | 34M |
| Net Debt | -82.13M | -51.54M | 37.56M | 75.48M | 46.48M | 4.03B | 3.72B | 7.78B | 8.51B | 9.91B | 3.34B | 3.99B | 2.61B | 572.94M | -62.03M | 78.97M | -32.24M |
| Long-Term Debt | 299.21M | 298.8M | 296.36M | 371.78M | 569.38M | 4.86B | 3.93B | 5.52B | 8.98B | 10.83B | 3.72B | 4.18B | 2.75B | 616.11M | 108.17M | 13.85M | 14M |
| Short-Term Borrowings | 0 | 9.86M | 9.86M | 0 | 292.17M | 291.39M | 0 | 0 | 0 | 0 | 0 | 0 | 164M | 74.61M | 108.17M | 69M | 20M |
| Capital Lease Obligations | 123.65M | 22.3M | 33.5M | 49.03M | 40.5M | 485.29M | 490.54M | 156.15M | 147.47M | 0 | -182.81M | -145.28M | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 121.78M | 9.86M | 60.17M | 99.18M | 5.56B | 3.41B | 5.03B | 1.8B | 1.94B | 853.38M | 428.45M | 245.99M | 187.89M | 58.22M | 44.37M | 114.03M | 11.68M |
| Accounts Payable | 57.6M | 43.89M | 26.33M | 13.84M | 25.18M | 121.93M | 120.68M | 91.61M | 91.24M | 98.86M | 9.86M | 67.57M | 16.66M | 0 | 0 | 0 | 11.5M |
| Deferred Revenue | 0 | 26.88M | 9.31M | 0 | 61.45M | 37.14M | 37.45M | 32.32M | 40.16M | 42.46M | 29.02M | 41.67M | -16.66M | 0 | 0 | 0 | -31.5M |
| Other Liabilities | 459.16M | 605.73M | 616.45M | 104.34M | 287.43M | 129.28M | 38.99M | 3.17B | 0 | 52.39M | -69.04M | -33.63M | -44.73M | 0 | 0 | 0 | 31.5M |
| Total Equity | 2.42B | 2.45B | 2.49B | 2.51B | 4.57B | 5.27B | 7.29B | 8.93B | 11.16B | 12.35B | 5.62B | 5.42B | 2.94B | 1.95B | 1.28B | 613.49M | 333.28M |
| Equity Growth % | -3.46% | -1.64% | -0.72% | -45.1% | -13.31% | -27.69% | -18.39% | -19.93% | -9.67% | 119.86% | 3.71% | 84.49% | 50.23% | 52.31% | 109.14% | 84.08% | - |
| Shareholders Equity | 2.11B | 2.11B | 1.96B | 1.81B | 1.66B | 2.15B | 2.5B | 5.22B | 7.01B | 8.41B | 2.77B | 2.85B | 2.42B | 1.68B | 1.22B | 602.98M | 333.04M |
| Minority Interest | 312.54M | 342.93M | 532.61M | 698.11M | 2.91B | 3.12B | 4.79B | 3.72B | 4.15B | 3.94B | 2.84B | 2.57B | 518.31M | 269.92M | 59.7M | 10.51M | 240K |
| Common Stock | 1.82M | 1.83M | 1.74M | 1.63M | 6.4M | 5.69M | 4.84M | 4.88M | 4.84M | 5.43M | 1.14M | 1.12M | 1.1M | 765K | 531K | 326K | 174K |
| Additional Paid-in Capital | 8.06B | 8.07B | 8B | 7.86B | 7.82B | 7.82B | 7.57B | 7.55B | 7.6B | 7.91B | 2.44B | 3B | 2.51B | 1.7B | 1.22B | 599.47M | 330.78M |
| Retained Earnings | -6.76B | -6.76B | -6.84B | -6.84B | -6.96B | -6.58B | -6.2B | -3.39B | -2.02B | -1.17B | -246.06M | -131.28M | -68M | -20.42M | -5.17M | 5.51M | 1.15M |
| Preferred Stock | 794.67M | 794.67M | 794.67M | 794.67M | 800.36M | 854.23M | 999.49M | 999.49M | 1.41B | 1.61B | 250K | 250K | 135K | 101K | 101K | 0 | 0 |
| Return on Assets (ROA) | 4.34% | 4.09% | 1.99% | 2.54% | -2.55% | -1.8% | -13.37% | -4.99% | -2.21% | -1.15% | 1.16% | 1.89% | 2.9% | 5.01% | 5.73% | 7.56% | 4.54% |
| Return on Equity (ROE) | 6.02% | 5.74% | 2.82% | 5.23% | -6.54% | -4.94% | -32.99% | -10.44% | -4.42% | -2.2% | 2.09% | 3.59% | 5.04% | 6.29% | 6.54% | 8.93% | 5.32% |
| Debt / Assets | 9.87% | 9.68% | 9.67% | 11.81% | 8.18% | 39.7% | 21.89% | 45.3% | 40.4% | 43.69% | 38.07% | 41.62% | 46.8% | 23.44% | 7.53% | 11.39% | 8.71% |
| Debt / Equity | 0.14x | 0.14x | 0.14x | 0.17x | 0.20x | 1.07x | 0.61x | 1.01x | 0.80x | 0.88x | 0.66x | 0.77x | 0.94x | 0.32x | 0.08x | 0.14x | 0.10x |
| Net Debt / EBITDA | -0.23x | -0.15x | 0.23x | 0.22x | 0.21x | 5.98x | 10.41x | 16.38x | 3.50x | 3.84x | 3.76x | 11.66x | 15.77x | 4.68x | -0.79x | 1.63x | -1.78x |
| Book Value per Share | 13.42 | 13.94 | 14.76 | 14.78 | 29.58 | 42.91 | 61.58 | 74.50 | 89.79 | 92.75 | 136.52 | 133.19 | 20.71 | 68.72 | 97.38 | 57.72 | 60.60 |
Capital deployment execution risk
As reported in financial statements, DigitalBridge has successfully reduced its total debt from $420.8 million in 2023Q4 to $329.2 million by 2026Q1, reflecting a deliberate strategy to shrink the balance sheet and transition toward an asset-light management model that prioritizes fee-based income over direct property ownership.
The consistent reduction in total debt, coupled with a stable equity base of approximately $2.1 billion, suggests that management is effectively insulating the firm from the volatility inherent in property-level financing. This trajectory appears to prioritize balance sheet flexibility, which may allow the firm to pivot more rapidly toward new fund-raising opportunities without the burden of legacy debt obligations.
Based on the provided quarterly data, the company maintains a remarkably stable debt-to-equity ratio of 0.14, which, according to recent SEC filings, indicates a conservative capital structure that stands in stark contrast to the high leverage typically observed in traditional infrastructure REITs like American Tower.
This low leverage ratio suggests that DigitalBridge is intentionally avoiding the interest rate sensitivity that often plagues capital-intensive real estate firms. Investors should monitor whether this conservative stance persists as the firm scales its digital infrastructure platform, as it may limit the potential for aggressive, debt-funded acquisitions in the future.
According to the company's reported figures, cash reserves have steadily increased from $247.4 million in 2024Q1 to $411.3 million in 2026Q1, providing a robust liquidity buffer that appears designed to support ongoing operational needs and potential co-investment requirements for new digital infrastructure funds.
The accumulation of cash on the balance sheet suggests a cautious approach to capital allocation, potentially serving as a hedge against the cyclical nature of the global capital-raising environment. This liquidity position may provide the firm with the necessary dry powder to capitalize on market dislocations without needing to access expensive external financing.
As evidenced by the residual $26.5 million in net property, plant, and equipment reported in 2026Q1, DigitalBridge still retains a small footprint of direct asset ownership, which may indicate that the transition to a pure-play asset manager is not yet entirely complete.
While the figure is negligible compared to the firm's total assets, the presence of any direct property exposure may complicate the valuation narrative for investors expecting a clean asset-management multiple. Analysts should monitor whether these remaining assets are slated for future divestiture or if they represent strategic holdings that are essential to the firm's broader digital infrastructure ecosystem.
Quick answers to the most common questions about buying DBRG stock.
As of 2025, DigitalBridge Group, Inc. (DBRG) had total assets of $3.42B including $382.5M in current assets.
DigitalBridge Group, Inc. (DBRG) carries total debt of $331.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
DigitalBridge Group, Inc. (DBRG) has total shareholders' equity (book value) of $2.11B ($13.94 book value per share). Book value represents the net worth of the company belonging to common stock holders.
DigitalBridge Group, Inc. (DBRG) reported a current ratio of 38.79x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.