Last 47 quarters of trend data · Real Estate · REIT - Office
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Digital Realty Trust, Inc.'s quarterly P/E stands at 154.7x, up 78.0% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 24.3% YoY to 23.5x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 54.41 | 154.71 | 288.13 | 14.82 | 132.68 | 86.93 | 437.38 | 190.06 | 43.91 | 567.37 | 12.98 | 81.34 | 122.89 |
| — | +78.0% | -34.1% | -92.2% | +202.1% | -84.7% | +3268.3% | +133.7% | -64.3% | — | -60.7% | -52.4% | -23.7% | |
| P/S Ratio | 10.95 | 7.94 | 9.57 | 10.09 | 8.77 | 10.52 | 9.51 | 9.19 | 8.68 | 7.51 | 6.72 | 6.39 | 5.56 |
| — | -24.5% | +0.7% | +9.8% | +1.1% | +40.0% | +41.5% | +43.7% | +56.0% | +22.5% | +8.9% | -21.3% | -37.9% | |
| P/B Ratio | 2.76 | 2.19 | 2.42 | 2.42 | 2.13 | 2.61 | 2.35 | 2.23 | 2.22 | 1.96 | 1.88 | 1.79 | 1.56 |
| — | -16.0% | +2.9% | +8.9% | -3.9% | +33.0% | +24.9% | +24.0% | +42.5% | +27.1% | +21.4% | -14.3% | -29.8% | |
| P/FCF | 27.75 | 18.91 | — | — | — | 443.38 | — | — | — | — | — | — | 21.30 |
| — | -95.7% | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 34.33 | 23.52 | 30.13 | 28.41 | 25.59 | 31.08 | 28.08 | 37.49 | 27.30 | 26.37 | 28.66 | 22.97 | 20.46 |
| — | -24.3% | +7.3% | -24.2% | -6.3% | +17.9% | -2.0% | +63.2% | +33.4% | +20.7% | +35.1% | -4.5% | -23.7% | |
| EV / EBIT | 133.12 | 60.35 | 101.31 | 16.35 | 73.62 | 63.10 | 100.03 | 79.81 | 37.75 | 94.80 | 15.70 | 55.53 | 63.61 |
| — | -4.4% | +1.3% | -79.5% | +95.0% | -33.4% | +537.1% | +43.7% | -40.6% | -44.9% | -54.6% | -37.0% | -28.9% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Digital Realty Trust, Inc.'s operating margin was 17.8% in Q4 2025, up 9.0 pp QoQ and up 7.8 pp YoY. The trailing four-quarter average of 13.7% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 102.6% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.4% | -1.4% | 55.0% | 55.7% | 57.0% | 53.8% | 54.1% | 55.2% | 55.5% | 52.7% | 51.2% | 52.4% | 54.0% |
| — | -102.6% | +1.5% | +0.8% | +2.8% | +2.1% | +5.7% | +5.5% | +2.7% | -6.5% | -8.9% | -10.5% | -5.1% | |
| Operating Margin | 10.8% | 17.8% | 8.8% | 14.2% | 13.9% | 10.1% | 11.8% | 0.7% | 11.2% | 9.8% | 4.2% | 11.3% | 13.2% |
| — | +77.2% | -25.4% | +1845.1% | +23.9% | +2.7% | +183.2% | -93.6% | -15.3% | -0.2% | -68.6% | -24.2% | +5.7% | |
| Net Margin | 21.4% | 5.8% | 4.3% | 69.1% | 7.8% | 13.2% | 3.6% | 5.9% | 21.1% | 2.1% | 52.3% | 8.7% | 5.1% |
| — | -56.4% | +20.2% | +1069.1% | -63.1% | +538.7% | -93.2% | -31.6% | +311.9% | +553.3% | +163.0% | +55.4% | -21.0% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.5% | 0.4% | 0.3% | 4.3% | 0.5% | 0.8% | 0.2% | 0.4% | 1.3% | 0.1% | 3.7% | 0.6% | 0.4% |
| — | -51.6% | +21.1% | +1058.2% | -64.7% | +492.7% | -94.0% | -39.4% | +279.6% | +583.2% | +187.1% | +73.3% | -11.0% | |
| ROA | 2.8% | 0.2% | 0.1% | 2.2% | 0.2% | 0.4% | 0.1% | 0.2% | 0.6% | 0.1% | 1.7% | 0.3% | 0.2% |
| — | -52.0% | +20.8% | +1083.3% | -62.5% | +536.2% | -93.4% | -33.6% | +294.0% | +578.4% | +175.9% | +60.5% | -17.9% | |
| ROIC | 1.2% | 0.5% | 0.3% | 0.4% | 0.4% | 0.3% | 0.3% | 0.0% | 0.3% | 0.3% | 0.1% | 0.3% | 0.4% |
| — | +86.7% | -22.9% | +1919.9% | +30.9% | +6.2% | +183.9% | -93.5% | -16.3% | +7.7% | -66.2% | -20.5% | +11.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Digital Realty Trust, Inc.'s Debt/EBITDA ratio is 30.3x — elevated, raising questions about debt serviceability. The current ratio has improved 305.7% YoY to 4.50x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.97 | 0.97 | 0.78 | 0.79 | 0.79 | 0.78 | 0.79 | 0.79 | 0.88 | 0.90 | 0.91 | 0.98 | 1.01 |
| — | +25.3% | -1.3% | +0.7% | -10.5% | -14.0% | -13.3% | -19.8% | -12.6% | -1.9% | +1.1% | +10.6% | +16.1% | |
| Debt / EBITDA | 9.47 | 30.29 | 30.70 | 29.35 | 28.65 | 30.03 | 29.18 | 40.61 | 31.66 | 34.21 | 38.16 | 32.60 | 32.28 |
| — | +0.9% | +5.2% | -27.7% | -9.5% | -12.2% | -23.6% | +24.6% | -1.9% | +4.3% | +21.7% | +13.6% | +6.5% | |
| Current Ratio | 4.50 | 4.50 | 1.16 | 1.49 | 1.29 | 1.11 | 0.79 | 0.83 | 0.71 | 0.70 | 0.62 | 0.42 | 0.27 |
| — | +305.7% | +46.5% | +80.8% | +81.4% | +57.7% | +27.7% | +95.0% | +163.6% | +177.4% | +131.9% | +44.7% | -27.0% | |
| Quick Ratio | 4.50 | 4.50 | 1.16 | 1.49 | 1.29 | 1.11 | 0.79 | 0.83 | 0.71 | 0.70 | 0.62 | 0.42 | 0.27 |
| — | +305.7% | +46.5% | +80.8% | +81.4% | +57.7% | +27.7% | +95.0% | +163.6% | +177.4% | +131.9% | +44.7% | -27.0% | |
| Interest Coverage | 3.87 | 2.67 | 1.66 | 10.69 | 2.25 | 2.82 | 1.42 | 1.78 | 3.83 | 1.36 | 7.89 | 2.19 | 1.88 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorDCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare business quality, growth, and profitability against top sector peers.
Start ComparisonQuick answers to the most common questions about buying DLR stock.
Digital Realty Trust, Inc.'s current P/E is 54.4x. The average P/E over the last 4 quarters is 147.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Digital Realty Trust, Inc.'s current operating margin is 10.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Digital Realty Trust, Inc.'s business trajectory between earnings reports.