Digital Realty Trust (DLR) Gross Margin (2009 - 2024)

Digital Realty Trust's (DLR) quarterly Gross Margin came in at 99.19% in Q1 2024, little changed quarter-over-quarter from 99.59% in Q4 2023.

Digital Realty Trust (DLR) Gross Margin (2009 - 2024) Analysis & Trends

Digital Realty Trust's Gross Margin history runs 14 years deep, the most recent figure standing at 99.19% for Q1 2024.

  • On a quarterly basis, Gross Margin changed N/A year-over-year to 99.19% in Q1 2024; TTM through Mar 2024 was 99.66%, a N/A change from a year earlier, with the FY2025 full-year figure at 99.94%, up 43.0% from the prior year.
  • Gross Margin held at 99.19% in Q1 2024 per DLR's latest filing, from 99.59% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.0% in Q2 2020 and bottomed at 99.19% in Q1 2024.
  • The 4-year median for Gross Margin is 99.92% (2020), against an average of 99.79%.
  • Across the five-year window, Gross Margin surged 89 bps in 2020 and decreased 11 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 99.94% in 2020, then slipped by 0 bps to 99.71% in 2022, then declined by 0 bps to 99.59% in 2023, then fell by 0 bps to 99.19% in 2024.
  • Per Business Quant, the three latest DLR Gross Margin figures stand at 99.19% (Q1 2024), 99.59% (Q4 2023), and 99.91% (Q3 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 51.47%
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 98.59%
3 Digital Realty Trust 61.91 Bn 61.08 Bn - -
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 54.04%
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 46.94%
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 75.64%
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 18.41%
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 65.28%
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - -
10 Rayonier 6.43 Bn 5.79 Bn 46.45 Mn 16.78%

Historic Data

Download Data
DateValue
Mar 31, 2024 99.19%
Dec 31, 2023 99.59%
Sep 30, 2023 99.91%
Jun 30, 2023 99.95%
Dec 31, 2022 99.71%
Sep 30, 2022 99.91%
Jun 30, 2022 99.99%
Mar 31, 2022 99.32%
Dec 31, 2020 99.94%
Sep 30, 2020 99.97%
Jun 30, 2020 100.00%
Mar 31, 2020 99.99%
Dec 31, 2019 99.75%
Sep 30, 2019 99.99%
Jun 30, 2019 99.11%
Mar 31, 2019 99.40%
Dec 31, 2018 99.86%
Sep 30, 2018 99.85%
Jun 30, 2018 99.98%
Mar 31, 2018 99.94%