DLR vs PLD vs STAG Stock Comparison

Digital Realty Trust, Prologis and STAG Industrial Prices as of Oct 28, 2026 Peers: Industry group
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PLD Prologis, Inc.
$125.28 -5.4% 1M -0.3% 1Y
Market cap
$119.08B
P/E
27.8x
Revenue (TTM)
$9.36B
Div. yield
3.37%
Industrial REITs Real Estate
5 wins
STAG STAG Industrial, Inc.
$36.30 -1.9% 1M -4.8% 1Y
Market cap
$7.00B
P/E
26.0x
Revenue (TTM)
$900.52M
Div. yield
4.25%
Industrial REITs Real Estate
4 wins

Head to Head

12 decided of 12

Prologis leads on 5 of the 12 questions below (Prologis 5, STAG Industrial 4, Digital Realty Trust 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDLRPLDSTAGLeader
Larger companyMarket capitalisation $66.56B $119.08B $7.00B PLD
Cheaper on earningsLower P/E, profitable companies only 84.0x 27.8x 26.0x STAG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 62.7x 35.2x 34.9x STAG
Faster revenue growthRevenue growth, trailing twelve months +17.4% +7.2% +9.3% DLR
More profitableNet margin, trailing twelve months 11.2% 45.4% 29.9% PLD
Better return on capitalReturn on invested capital 2.0% 5.0% — PLD
Less leveragedLower net debt / EBITDA 5.6x 4.3x — PLD
Higher dividend yieldTrailing dividend yield 2.71% 3.37% 4.25% STAG
Better 1-year returnPrice return, last 12 months +3.3% -0.3% -4.8% DLR
Better 5-year returnAnnualised price return, 5 years +2.7%/yr -2.9%/yr -3.6%/yr DLR
Less volatileAnnualised volatility, 1 year 27.5% 20.5% 19.3% STAG
Higher overall scoreMean of the five percentile scores vs peers 45/100 50/100 37/100 PLD

Percentile Scorecard

DLRPLDSTAG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDLRPLDSTAG
Valuation 10 #10 of 11 9 #132 of 145 10 #131 of 145
Growth 78 #3 of 10 65 #51 of 142 44 #80 of 142
Profitability 11 #9 of 10 77 #32 of 135 59 #56 of 135
Financial Health 80 #3 of 11 87 #19 of 136 59 #57 of 136
Shareholder Returns – 13 #114 of 131 14 #113 of 131
Overall 45 50 37
  • DLR ranked among 11 companies in Infrastructure REITs
  • PLD ranked among 149 companies in Property REITs
  • STAG ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDLRPLDSTAGSPY
1 month +1.5%-5.4%-1.9% +0.9%
3 months -4.4%-13.9%-6.7% +5.9%
6 months -7.5%-9.8%-4.7% +8.5%
Year to date +16.3%-1.9%-1.3% +13.3%
1 year +3.3%-0.3%-4.8% +12.4%
3 years +47.0%+28.7%+12.6% +88.1%
3 years, per year +13.7%+8.8%+4.0% +23.5%
5 years +14.0%-13.6%-16.6% +68.2%
5 years, per year +2.7%-2.9%-3.6% +11.0%
10 years +94.2%+145.3%+60.5% +263.4%
10 years, per year +6.9%+9.4%+4.8% +13.8%

Risk

MeasureDLRPLDSTAGSPY
Volatility, 1Y 27.5%20.5%19.3% 12.7%
Downside volatility, 1Y 26.9%20.7%19.7% 12.7%
Beta vs S&P 500, 1Y 0.830.390.28 1.00
Return / volatility, 1Y 0.12-0.02-0.25 0.98
Max drawdown, 5Y -51.1%-48.1%-44.0% -25.4%
From 52-week high -11.8%-16.4%-13.7% -0.9%
52-week high $203.91$149.92$42.04 $779.14
52-week low $147.93$122.40$35.28 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDLRPLDSTAG
P/E now vs peer median 84.0xmedian 24.2x 27.8xmedian 25.8x 26.0xmedian 25.8x
P/S now vs peer median 9.8xmedian 6.3x 12.7xmedian 4.0x 7.8xmedian 4.0x
EV/EBITDA now vs peer median 27.6xmedian 15.7x 19.2xmedian 14.2x —median 14.2x
P/FCF now vs peer median -131.4xmedian 18.2x -162.6xmedian 23.0x -19.0xmedian 23.0x
P/B now vs peer median 2.4xmedian 2.4x 2.0xmedian 1.3x 1.9xmedian 1.3x
PEG now vs peer median 4.55median 0.72 2.40median 1.91 2.20median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDLRPLDSTAG
Revenue $6.77B $9.36B $900.52M
Operating income $986.10M $5.13B –
Net income $792.24M $4.53B $274.68M
Free cash flow -$506.74M -$732.42M -$368.54M
EPS (diluted) $2.10 $4.39 $1.39
Cash & equivalents $1.86B $2.27B $12.22M
Total debt $73.26B $36.83B $3.41B
Shares (diluted) 361.54M 968.51M 192.91M
Enterprise value $57.09B $117.47B $6.97B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDLRPLDSTAG
P/E 84.0x 27.8x 26.0x
P/FCF -131.4x -162.6x -19.0x
P/Operating cash flow 22.4x 21.5x 14.6x
P/S 9.8x 12.7x 7.8x
P/B 2.4x 2.0x 1.9x
P/Tangible book 2.6x 2.0x 2.1x
EV/EBITDA 27.6x 19.2x –
EV/EBIT 84.5x 29.9x –
EV/Revenue 12.3x 16.4x 11.5x
EV/FCF -164.4x -209.8x -28.2x
EV/Operating cash flow 28.1x 27.7x 21.6x
PEG (3Y EPS CAGR) 4.55 2.40 2.20

Growth

14 metrics
MetricDLRPLDSTAG
Revenue growth (1Y) 17.4% 7.2% 9.3%
Revenue CAGR (3Y) 9.7% 5.9% 9.0%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -40.3% 23.6% –
Operating income CAGR (3Y) 17.3% 11.7% –
Net income growth (1Y) -42.6% 32.3% 11.6%
Net income CAGR (3Y) 23.2% 12.3% 14.1%
EPS growth (1Y) -46.0% 31.3% 8.2%
EPS CAGR (3Y) 18.5% 11.6% 11.8%
Operating cash flow growth (1Y) 24.9% 7.0% 3.6%
Operating cash flow CAGR (3Y) 20.6% -0.2% 7.2%
Free cash flow growth (1Y) 19.9% -124.9% -124.4%
Free cash flow CAGR (3Y) 26.1% 32.0% -174.0%

Profitability

14 metrics
MetricDLRPLDSTAG
Gross margin – – –
EBITDA margin 44.5% 85.6% –
Operating margin 14.6% 54.8% –
Pretax margin 7.8% 52.0% –
Net margin 11.2% 45.4% 29.9%
FCF margin -7.5% -7.8% -40.9%
Operating cash flow margin 43.8% 59.3% 53.3%
Return on equity 3.1% 7.6% 7.4%
Return on assets 1.6% 4.4% 3.7%
Return on invested capital 2.0% 5.0% –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 3.7x 1.2x 1.7x
Stock comp / revenue 1.5% 2.2% 1.6%

Financial Health

11 metrics
MetricDLRPLDSTAG
Debt / assets 34.2% 35.5% 45.4%
Debt / equity 0.7x 0.6x 0.9x
Net debt / EBITDA 5.6x 4.3x –
Debt / FCF -36.8x -50.3x -9.2x
Liabilities / assets 48.7% 41.9% 50.3%
Equity / assets 51.3% 58.1% 49.7%
Interest coverage 2.1x 4.8x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricDLRPLDSTAG
Dividend yield 2.7% 3.4% 4.2%
Net buyback yield -4.5% – -2.2%
Shareholder yield -1.8% 3.4% 2.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDLRPLDSTAG
Forward P/E 62.7xFY2026 35.2xFY2026 34.9xFY2026
EPS, next fiscal year $2.87FY2026 $3.56FY2026 $1.04FY2026
EPS growth, next FY -19.8%FY2026 0.0%FY2026 -28.8%FY2026
EPS growth, the year after -12.2% +2.0% +12.5%
Revenue, next fiscal year $7.40BFY2026 $8.99BFY2026 $875.74MFY2026
Revenue growth, next FY +21.1%FY2026 +10.2%FY2026 +3.9%FY2026
Revenue growth, the year after +0.6% +1.3% +13.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDLRPLDSTAG
Held by institutions 100.0% 94.5% 93.8%
Institutions holding 1,325 1,724 546
Change in shares held, QoQ +18.3% +1.5% +8.5%
Institutions buying 745 968 281
Institutions selling 383 531 166
Buyers to sellers 1.95 1.82 1.69

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DLRPLDSTAG
DLR 1.00 0.34 0.27
PLD 0.34 1.00 0.69
STAG 0.27 0.69 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DLR, PLD and STAG?

Prologis (PLD) is the largest by market capitalisation: Digital Realty Trust (DLR) $66.56B, Prologis (PLD) $119.08B, STAG Industrial (STAG) $7.00B.

Which stock is cheaper, DLR, PLD and STAG?

STAG Industrial (STAG) trades on the lowest price-to-earnings ratio (Digital Realty Trust (DLR) 84.0x, Prologis (PLD) 27.8x, STAG Industrial (STAG) 26.0x). On next year's consensus earnings, STAG Industrial (STAG) is cheapest (Digital Realty Trust (DLR) 62.7x, Prologis (PLD) 35.2x, STAG Industrial (STAG) 34.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Digital Realty Trust (DLR) grew revenue fastest over the trailing twelve months: Digital Realty Trust (DLR) +17.4%, Prologis (PLD) +7.2%, STAG Industrial (STAG) +9.3%.

Which company is more profitable?

Prologis (PLD) has the highest net margin (Digital Realty Trust (DLR) 11.2%, Prologis (PLD) 45.4%, STAG Industrial (STAG) 29.9%). On return on invested capital, Prologis (PLD) leads (Digital Realty Trust (DLR) 2.0%, Prologis (PLD) 5.0%).

Which stock has performed better?

Over the past year Digital Realty Trust (DLR) returned the most: Digital Realty Trust (DLR) +3.3%, Prologis (PLD) -0.3%, STAG Industrial (STAG) -4.8%. Over five years, Digital Realty Trust (DLR) compounded fastest (Digital Realty Trust (DLR) +2.7%/yr, Prologis (PLD) -2.9%/yr, STAG Industrial (STAG) -3.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

STAG Industrial (STAG) has the highest dividend yield: Digital Realty Trust (DLR) 2.71%, Prologis (PLD) 3.37%, STAG Industrial (STAG) 4.25%.

Which stock is riskier?

By one-year price volatility, STAG Industrial (STAG) has been the steadiest (Digital Realty Trust (DLR) 27.5%, Prologis (PLD) 20.5%, STAG Industrial (STAG) 19.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DLR, PLD and STAG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Prologis (PLD) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.