Why did Digital Realty (DLR) stock move recently?

On 7/24/2026, Digital Realty moved +11.0% — Digital Realty surged after reporting Q2 2026 results post-close on July 23 and raising its full-year 2026 Core FFO per share outlook (to $8.15-$8.20 excluding promote) on record leasing momentum and robust demand from AI/cloud customers. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Digital Realty (DLR) overvalued or fairly valued?

MarketChacha shows Digital Realty's valuation in context — a trailing P/E of about 49.3, a forward P/E of about 65.2, a price-to-book of about 2.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Digital Realty's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.21×) from reported figures — education, not a rating.

What is Digital Realty's revenue?

Digital Realty reported revenue of $6.1B for FY2025, with net profit of $1.3B, per official filings.

What is the share price of Digital Realty (DLR)?

Digital Realty last traded at $188.39 (+0.3% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Digital Realty

DLR · NYSE · Real Estate · United States

Snapshot

TickerDLR

ExchangeNYSE

SectorReal Estate

IndustryREIT - Specialty

CountryUnited States

Employees4,282

HeadquartersAustin, United States

Websitewww.digitalrealty.com

Filings tracked21

About Digital Realty

Digital Realty Trust, Inc. is a real estate investment firm specializing in Core strategies. It primarily targets investments in data center properties, including colocation facilities, powered base buildings, and data center suites. The firm focuses its real estate investments globally across six continents, targeting markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. Digital Realty Trust, Inc. was founded in 2004 and is based in Austin, Texas.

Who owns it

Insiders0.0%
Institutions100.0%
Public & other0.0%

1,852 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.92%
Vanguard Portfolio Management LLC8.13%
Cohen & Steers Inc.7.88%
Vanguard Capital Management LLC6.01%
State Street Corporation5.62%
NORGES BANK5.20%
Blackstone Inc3.32%
Geode Capital Management, LLC2.63%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 5.7% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion2.21×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend17.3% → 21.4%

Margin has expanded by about 4.1 points — the business is getting more profitable.

Return on equity5.7%

Latest ROE of 5.7% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 6% · PAT 17%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.8B · EPS 0.53

Est. earnings growth +33.0%

Next fiscal year

Rev $7.9B · EPS 2.89

Est. earnings growth -13.7%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$6.1B

Net margin

21.4%

ROE

5.7%

Revenue CAGR (2y)

+5.6%

Profit CAGR (2y)

+17.4%

EPS (FY2025)

3.58

Net profit (FY2025)

$1.3B

Ask MarketChacha about DLR

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 24, 2026
Digital Realty surged after reporting Q2 2026 results post-close on July 23 and raising its full-year 2026 Core FFO per share outlook (to $8.15-$8.20 excluding promote) on record leasing momentum and robust demand from AI/cloud customers.
source 1 ↗source 2 ↗source 3 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about DLR

Why did Digital Realty (DLR) pop ~11% on Friday?c/usmarkets · 7/25/2026 · 1 comment▲ 0

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$6.1B	$1.3B	3.58	21.4%	5.7%
FY2024	$5.6B	$602.5M	1.61	10.8%	2.8%
FY2023	$5.5B	$948.8M	2.88	17.3%	5.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$1.6B	$179.3M	0.46	11.0%
2025Q3	$1.6B	$67.8M	0.15	4.3%
2025Q2	$1.5B	$1.0B*	2.94	—
2025Q1	$1.4B	$110.0M	0.27	7.8%
2024Q3	$1.4B	$51.2M	0.09	3.6%
2024Q2	$1.4B	$80.2M	0.20	5.9%
2024Q1	$1.3B	$281.5M	0.82	21.1%
2023Q3	$1.4B	$733.6M	2.31	52.3%
2023Q2	$1.4B	$118.2M	0.34	8.7%
2023Q1	$1.3B	$68.7M	0.20	5.1%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/31/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/23/2026material
8-K — Security holder rights, Other events, Exhibits
SEC7/1/2026material
8-K — Unregistered equity sale, Reg FD disclosure, Other events, Exhibits
SEC6/29/2026material
8-K — Unregistered equity sale, Reg FD disclosure, Other events, Exhibits
SEC6/22/2026material
8-K — Shareholder vote results
SEC6/1/2026material
8-K — Other events, Exhibits
SEC5/4/2026material
10-Q filing
SEC5/1/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/23/2026material
8-K — Other events, Exhibits
SEC2/17/2026material
10-K filing
SEC2/13/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/5/2026material

2025

8-K — Executive/director change
SEC12/15/2025material
8-K — Other events, Exhibits
SEC12/3/2025material
8-K — Material agreement, Material financial obligation, Exhibits
SEC11/21/2025material
8-K — Other events
SEC11/12/2025material
8-K — Reg FD disclosure, Other events, Exhibits
SEC11/12/2025material
10-Q filing
SEC10/31/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/23/2025material
8-K — Executive/director change
SEC8/28/2025material
10-Q filing
SEC8/1/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.