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DLR logoDigital Realty Trust, Inc. (DLR) Earnings History

Annual and quarterly earnings data from 2003 to 2025

TTM Net Income
$1.31B
Profitable
TTM EPS
$3.72
Diluted
YoY EPS Growth
+122.4%
Excellent
Net Margin
21.4%
Profitability
Operating Margin10.8%
Gross Margin55.4%
ROE5.5%
ROA2.8%
Highest Annual Net Income$1.71B (2021)
Highest Quarterly EPS$3.71 (Q4 2021)
Consecutive Profitable Years23 years
Q4 2025
Net Income$99M
EPS$0.25
QoQ Growth+45.5%Excellent

Loading earnings history...

DLR EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+122.4%
Excellent
3-Year
+47.7%
Excellent
5-Year
+29.1%
Excellent
10-Year
+8.7%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

DLR Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202555.4%10.8%21.4%
202454.7%8.5%10.8%
202352.6%9.6%17.3%
202257.0%12.6%8.0%
202159.8%15.7%38.6%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Digital Realty Trust, Inc. (DLR) Earnings Overview

As of May 6, 2026, Digital Realty Trust, Inc. (DLR) reported trailing twelve-month net income of $1.31B, reflecting +122.4% year-over-year growth. The company earned $3.72 per diluted share over the past four quarters, with a net profit margin of 21.4%.

Looking at the long-term picture, DLR's 5-year EPS compound annual growth rate (CAGR) stands at +29.1%, indicating exceptional earnings growth. The company achieved its highest annual net income of $1.71B in fiscal 2021.

Digital Realty Trust, Inc. maintains industry-leading profitability with a gross margin of 55.4%, operating margin of 10.8%, and net margin of 21.4%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including EQIX ($1.42B net income, 14.6% margin), IRM ($272M net income, 2.1% margin), AMT ($2.88B net income, 23.8% margin), DLR has outperformed on profitability metrics. Compare DLR vs EQIX →

DLR Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
DLR logoDLRCurrent
$1.3B$3.7221.4%5.5%+122.4%—
EQIX logoEQIX
$1.4B$14.4014.6%9.7%+61.9%
IRM logoIRM
$272M$0.912.1%--19.7%
AMT logoAMT
$2.9B$6.1623.8%25.3%+11.8%
CCI logoCCI
$1.1B$2.4210.4%-+111.4%
SBAC logoSBAC
$1.0B$9.5937.4%-+41.2%
Best in group
Lowest in group

DLR Historical Earnings Data (2003–2025)

23 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$1.31B+117.2%$658M$3.5821.4%10.8%
2024$602M-36.5%$472M$1.6110.8%8.5%
2023$949M+151.2%$524M$3.0017.3%9.6%
2022$378M-77.9%$590M$1.118.0%12.6%
2021$1.71B+379.6%$694M$5.9438.6%15.7%
2020$356M-38.5%$558M$1.009.1%14.3%
2019$580M+75.0%$594M$2.3518.1%18.5%
2018$331M+33.4%$550M$1.2110.9%18.0%
2017$248M-41.7%$451M$0.9910.1%18.4%
2016$426M+108.6%$497M$2.2019.9%23.2%

Full DLR Stock Analysis

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Compare DLR vs WELL

Side-by-side business, growth, and profitability comparison vs Welltower Inc..

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DLR — Frequently Asked Questions

Quick answers to the most common questions about buying DLR stock.

Is DLR growing earnings?

DLR EPS is $3.72, with earnings growth accelerating to +122.4%. This exceeds the 5-year CAGR of +29.1%. TTM net income reached $1.3B.

What are DLR's profit margins?

Digital Realty Trust, Inc. net margin is +21.4%, with operating margin at +10.8%. Above-average margins indicate pricing power.

How consistent are DLR's earnings?

DLR earnings data spans 2003-2025. The accelerating earnings trend is +122.4% YoY. Historical data enables comparison across business cycles.

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DLR Earnings Over Time (2014–2025)

Net income and EPS trends