Digital Realty Trust (DLR) FCF Margin (2009 - 2026)
Digital Realty Trust's (DLR) quarterly FCF Margin came in at 20.65% in Q1 2026, up 693.0% year-on-year from 2.6% in Q1 2025, and down 19.18% quarter-over-quarter from 17.33% in Q4 2025.
Digital Realty Trust (DLR) FCF Margin (2009 - 2026) Analysis & Trends
Digital Realty Trust's FCF Margin history runs 18 years deep, the most recent figure standing at 20.65% for Q1 2026.
- On a quarterly basis, FCF Margin rose 693.0% year-over-year to 20.65% in Q1 2026; TTM through Mar 2026 was 11.33%, a 24.0% increase from a year earlier, with the FY2025 full-year figure at 12.58%, down 232.0% from the prior year.
- FCF Margin declined to 20.65% in Q1 2026 per DLR's latest filing, from 17.33% in the prior quarter.
- Across five years, FCF Margin topped out at 2.37% in Q4 2024 and bottomed at 52.73% in Q3 2023.
- The 5-year median for FCF Margin is 20.65% (2026), against an average of 19.64%.
- Across the five-year window, FCF Margin slumped 3032 bps in 2023 and jumped 4595 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 35.13% in 2022, then slipped by 24 bps to 43.58% in 2023, then soared by 105 bps to 2.37% in 2024, then plunged by 830 bps to 17.33% in 2025, then slipped by 19 bps to 20.65% in 2026.
- Per Business Quant, the three latest DLR FCF Margin figures stand at 20.65% (Q1 2026), 17.33% (Q4 2025), and 2.19% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | -22.05% |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 47.17% |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | -20.65% |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 1.89% |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 922.45% |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 29.38% |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 1.68% |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 21.64% |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 37.80% |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | 10.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -20.65% |
| Dec 31, 2025 | -17.33% |
| Sep 30, 2025 | -2.19% |
| Jun 30, 2025 | -4.23% |
| Mar 31, 2025 | -27.58% |
| Dec 31, 2024 | 2.37% |
| Sep 30, 2024 | -15.02% |
| Jun 30, 2024 | -6.06% |
| Mar 31, 2024 | -23.07% |
| Dec 31, 2023 | -43.58% |
| Sep 30, 2023 | -52.73% |
| Jun 30, 2023 | -12.12% |
| Mar 31, 2023 | -29.05% |
| Dec 31, 2022 | -35.13% |
| Sep 30, 2022 | -22.41% |
| Jun 30, 2022 | -3.72% |
| Mar 31, 2022 | -21.38% |
| Dec 31, 2021 | -28.87% |
| Sep 30, 2021 | -23.55% |
| Jun 30, 2021 | -4.60% |