Digital Realty Trust (DLR) Construction in Progress (2018 - 2026)
Digital Realty Trust (DLR) recorded Construction in Progress of $10.63 billion in Q3 2026, up 96.1% from $5.42 billion a year earlier and up 8.8% from the prior quarter.
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Analysis
Digital Realty Trust (DLR) Construction in Progress (2018 - 2026) Analysis & Trends
At the end of FY2025, Digital Realty Trust reported Construction in Progress of $4.98 billion, down 3.6% from FY2024.
- Annual Construction in Progress has a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- Across earlier years, Construction in Progress came in at $5.16 billion in FY2024 (+11.4%), $4.64 billion in FY2023 (-3.2%), $4.79 billion in FY2022 (+49.0%) and $3.21 billion in FY2021 (+16.1%).
- The Q3 2026 figure is the highest quarterly Construction in Progress in data going back to Q4 2018.
- On a year-over-year basis, Construction in Progress has increased for three consecutive quarters, with growth averaging 28.6% over the last eight quarters.
- Peak year-over-year performance for Construction in Progress in the last five years was growth of 96.1% in Q3 2026, against a decline of 3.6% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $9.77 billion (Q2 2026), $5.38 billion (Q1 2026) and $4.98 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 86.72 Bn | 80.00 Bn | 2.75 Bn | - |
| 2 | Digital Realty Trust | 67.98 Bn | 59.43 Bn | - | 10.63 Bn |
| 3 | Crown Castle | 37.11 Bn | 35.78 Bn | 982.00 Mn | - |
| 4 | Sba Communications | 19.86 Bn | 18.40 Bn | 542.40 Mn | - |
| 5 | Lamar Advertising | 16.11 Bn | 15.92 Bn | 422.53 Mn | - |
| 6 | OUTFRONT Media | 5.53 Bn | 5.27 Bn | 276.40 Mn | - |
| 7 | IHS Holding | 2.84 Bn | -723.51 Mn | 207.10 Mn | - |
| 8 | Array Digital Infrastructure | 2.59 Bn | 1.48 Bn | 30.57 Mn | - |
| 9 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | - |
| 10 | Fermi | 1.03 Bn | 171.55 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.63 Bn |
| Jun 30, 2026 | 9.77 Bn |
| Mar 31, 2026 | 5.38 Bn |
| Dec 31, 2025 | 4.98 Bn |
| Sep 30, 2025 | 5.42 Bn |
| Jun 30, 2025 | 5.08 Bn |
| Mar 31, 2025 | 4.97 Bn |
| Dec 31, 2024 | 5.16 Bn |
| Sep 30, 2024 | 5.18 Bn |
| Jun 30, 2024 | 4.68 Bn |
| Mar 31, 2024 | 4.50 Bn |
| Dec 31, 2023 | 4.64 Bn |
| Sep 30, 2023 | 5.02 Bn |
| Jun 30, 2023 | 4.64 Bn |
| Mar 31, 2023 | 4.56 Bn |
| Dec 31, 2022 | 4.79 Bn |
| Sep 30, 2022 | 4.22 Bn |
| Jun 30, 2022 | 3.36 Bn |
| Mar 31, 2022 | 3.52 Bn |
| Dec 31, 2021 | 3.21 Bn |
API Access
Digital Realty Trust Construction in Progress API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=construction-in-progress&ticker=DLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "DLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=DLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();