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| Date | Value |
|---|---|
| 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% |