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Digital Realty DLR Operating margin

Operating margin at other companies

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CleanSparkCLSK
41.6%+28.0pp
Iron Mountain logo
Iron MountainIRM
18%+1.8pp
American Tower logo
American TowerAMT
44.8%-0.7pp
TeraWulf logo
TeraWulfWULF
-171.8%+398pp
Equinix, Inc. logo
Equinix, Inc.EQIX
21.8%+5.3pp
Applied Digital logo
Applied DigitalAPLD
-45.8%

Other financials

Income statement

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Revenue$1.9B+28.9%
Operating income$112.6M-22.0%
Net income$453.3M-56.1%
EPS (diluted)$1.21-58.8%

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$69.75B+18.3%
Enterprise value$67.89B-9.3%
P/E65×+22.4×
P/S9.9×-0.3×

Profitability

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Net margin15.2%-8.8pp

Returns & leverage

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Return on equity5.9%+2.9pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Digital Realty’s reported figures.

Based on trailing twelve months.

The source filing: Digital Realty’s 10-K, filed February 13, 2026. Open the filing →

Filed
Feb 13, 2026, 5:18 PM EST
Fiscal year
FY2025
Accession
0001104659-26-015365

FAQ

What is Digital Realty's operating margin?
Digital Realty (DLR) reported operating margin of 10.8% in Q4 2025.
How has Digital Realty's operating margin changed year-over-year?
Digital Realty's operating margin increased by 26.8% year-over-year, from 8.5% to 10.8%.
What is the long-term trend for Digital Realty's operating margin?
Over 5 years (2020 to 2025), Digital Realty's operating margin has grown at a -5.5% compound annual growth rate (CAGR), from 14.3% to 10.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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