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Digital Realty DLR Debt-to-equity

Debt-to-equity at other companies

Iron Mountain logo
Iron MountainIRM
855.6×+830×
Equinix, Inc. logo
Equinix, Inc.EQIX
1.6×+0.2×
Prologis logo
PrologisPLD
0.7×+0.1×
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
0.3×-0.2×
Western Digital logo
Western DigitalWDC
0.2×-1.3×
Dycom Industries logo
Dycom IndustriesDY
1.6×+0.7×

Other financials

Income statement

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Revenue$1.6B+13.9%
Operating income$112.6M-22.0%
Net income$98.6M-48.0%
EPS (diluted)$0.23-54.9%

Balance sheet

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Cash & equivalents$3.5B-10.8%
Total debt$1.6B-1.2%
Total equity$22.9B+7.4%
Total assets$49.4B+9.1%

Cash flow

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Operating cash flow$719.0M-6.6%

Valuation

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Market cap$65.74B-9.7%
Enterprise value$63.88B-9.3%
P/E50.2×-70.5×
P/S10.8×-2.3×

Profitability

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Operating margin10.8%+2.3pp
Net margin21.4%+10.6pp

Returns & leverage

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Return on equity5.9%+2.9pp

Where this comes from

Calculated from Digital Realty’s reported figures.

Based on the most recent quarter.

The official record: Digital Realty’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Digital Realty's debt-to-equity?
Digital Realty (DLR) reported debt-to-equity of 0.1× in Q4 2025.
How has Digital Realty's debt-to-equity changed year-over-year?
Digital Realty's debt-to-equity decreased by 8.1% year-over-year, from 0.1× to 0.1×.
What is the long-term trend for Digital Realty's debt-to-equity?
Over 4 years (2021 to 2025), Digital Realty's debt-to-equity has grown at a -9.7% compound annual growth rate (CAGR), from 0.4× to 0.2×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.