Financials Digital Realty Trust, Inc.

Equities

DLR

US2538681030

Specialized REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
142.8 USD +0.95% Intraday chart for Digital Realty Trust, Inc. +4.39% +6.13%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 24,992 39,086 50,193 28,830 40,758 44,605 - -
Enterprise Value (EV) 1 35,025 52,282 63,499 45,285 56,558 61,671 62,693 63,613
P/E ratio 51 x 140 x 29.8 x 88.7 x 44.9 x 104 x 112 x 86.7 x
Yield 3.61% 3.21% 2.62% 4.87% 3.63% 3.49% 3.61% 3.76%
Capitalization / Revenue 7.79 x 10 x 11.3 x 6.14 x 7.44 x 7.94 x 7.45 x 6.85 x
EV / Revenue 10.9 x 13.4 x 14.3 x 9.65 x 10.3 x 11 x 10.5 x 9.77 x
EV / EBITDA 18.6 x 23.9 x 26.3 x 18.3 x 20.6 x 21.7 x 20.4 x 18.6 x
EV / FCF 28.3 x -204 x -77.6 x -14.9 x 109 x -42.3 x - -
FCF Yield 3.54% -0.49% -1.29% -6.71% 0.92% -2.36% - -
Price to Book 2.53 x 1.99 x 2.79 x 1.66 x 2.1 x 2.34 x 2.41 x 2.48 x
Nbr of stocks (in thousands) 208,720 280,165 283,787 287,522 302,852 312,294 - -
Reference price 2 119.7 139.5 176.9 100.3 134.6 142.8 142.8 142.8
Announcement Date 2/13/20 2/11/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,209 3,904 4,428 4,692 5,477 5,618 5,987 6,511
EBITDA 1 1,887 2,187 2,412 2,473 2,750 2,837 3,076 3,415
EBIT 1 594.2 557.5 694 590 524.5 901.6 1,061 1,199
Operating Margin 18.52% 14.28% 15.67% 12.57% 9.58% 16.05% 17.73% 18.41%
Earnings before Tax (EBT) 1 611.2 400.8 1,820 411.9 1,026 339 491.8 609.3
Net income 1 493 263.3 1,681 337.1 908.1 419.5 406.5 558.6
Net margin 15.36% 6.75% 37.98% 7.19% 16.58% 7.47% 6.79% 8.58%
EPS 2 2.350 1.000 5.940 1.130 3.000 1.376 1.280 1.648
Free Cash Flow 1 1,239 -256.7 -818.5 -3,040 519.7 -1,457 - -
FCF margin 38.6% -6.58% -18.49% -64.79% 9.49% -25.94% - -
FCF Conversion (EBITDA) 65.66% - - - 18.9% - - -
FCF Conversion (Net income) 251.28% - - - 57.23% - - -
Dividend per Share 2 4.320 4.480 4.640 4.880 4.880 4.978 5.162 5.371
Announcement Date 2/13/20 2/11/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,133 1,111 1,127 1,139 1,192 1,233 1,339 1,366 1,402 1,370 1,364 1,387 1,418 1,435 1,431
EBITDA 1 610.1 583.7 603 611 619.8 639 667.8 696.6 685.9 699.5 699.2 703.2 716.8 730 739.9
EBIT 1 184.4 131.5 141.2 170.4 157.4 121 177.3 154.9 58.23 134 213 219.3 233.1 241.3 241
Operating Margin 16.27% 11.83% 12.53% 14.95% 13.2% 9.81% 13.25% 11.33% 4.15% 9.79% 15.61% 15.82% 16.44% 16.82% 16.84%
Earnings before Tax (EBT) 1 150.3 1,095 141.3 80.27 258.4 -16.91 90.29 131.8 763.2 40.61 64.85 76.36 92.5 102 -
Net income 1 124.1 1,058 63.1 53.24 226.9 -6.093 58.55 108 723.4 18.12 135.5 93.85 126.8 103.9 115
Net margin 10.95% 95.18% 5.6% 4.67% 19.03% -0.49% 4.37% 7.9% 51.58% 1.32% 9.94% 6.77% 8.94% 7.24% 8.04%
EPS 2 0.4400 3.710 0.2200 0.1900 0.7500 -0.0200 0.1900 0.3700 2.330 0.0800 0.3441 0.2984 0.4176 0.3329 0.3260
Dividend per Share 2 1.160 1.160 1.220 1.220 1.220 1.220 1.220 - 1.220 1.220 1.230 1.237 1.237 1.237 1.224
Announcement Date 10/26/21 2/17/22 4/28/22 7/28/22 10/26/22 2/16/23 4/27/23 7/27/23 10/26/23 2/15/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 10,033 13,196 13,306 16,455 15,800 17,066 18,088 19,008
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.318 x 6.034 x 5.517 x 6.655 x 5.746 x 6.015 x 5.88 x 5.566 x
Free Cash Flow 1 1,239 -257 -819 -3,040 520 -1,457 - -
ROE (net income / shareholders' equity) 2.37% 1.68% 9.41% 1.73% 4.95% 2.73% 2.67% 3.51%
ROA (Net income/ Total Assets) 1% 0.79% 4.64% 0.79% 2.12% 1.3% 1% 1.39%
Assets 1 49,400 33,547 36,223 42,736 42,799 32,248 40,622 40,188
Book Value Per Share 2 47.30 70.30 63.30 60.40 64.00 61.10 59.20 57.50
Cash Flow per Share 2 7.230 6.500 6.010 5.570 5.290 6.400 7.140 7.570
Capex 1 1,350 1,963 2,521 2,643 3,310 2,690 2,403 2,329
Capex / Sales 42.07% 50.29% 56.93% 56.33% 60.43% 47.89% 40.14% 35.77%
Announcement Date 2/13/20 2/11/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
142.8 USD
Average target price
146 USD
Spread / Average Target
+2.22%
Consensus
  1. Stock Market
  2. Equities
  3. DLR Stock
  4. Financials Digital Realty Trust, Inc.