Digital Realty Trust (DLR) Operating Margin (2009 - 2025)

Digital Realty Trust (DLR) recorded annual Operating Margin of 10.77% in FY2025, up 26.82% year-over-year from 8.49% in FY2024.

Digital Realty Trust (DLR) Operating Margin (2009 - 2025) Analysis & Trends

Digital Realty Trust's Operating Margin history runs 17 years deep, the most recent figure standing at 10.77% for FY2025.

  • In Q1 2026, Operating Margin rose 239.0% year-over-year to 16.38%; the TTM figure through Mar 2026 stood at 11.52% (up 230.0% YoY), while the FY2025 annual figure was 10.77%, up 228.0% from the prior year.
  • Operating Margin was 10.77% for FY2025 at Digital Realty Trust, up from 8.49% in the prior year.
  • In the past five years, Operating Margin ranged from a high of 15.67% in FY2021 to a low of 8.49% in FY2024.
  • Historically, Operating Margin has averaged 11.42% across 5 years, with a median of 10.77% in 2025.
  • The sharpest annual moves came in 2022 and 2025: Operating Margin tumbled 310 bps in 2022, then soared 228 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 15.67% in 2021, then declined by 20 bps to 12.57% in 2022, then dropped by 24 bps to 9.58% in 2023, then dropped by 11 bps to 8.49% in 2024, then climbed by 27 bps to 10.77% in 2025.
  • The last three Operating Margin figures came in at 10.77% (FY2025), 8.49% (FY2024), and 9.58% (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Yr)
1 Equinix 103.83 Bn 100.80 Bn 2.20 Bn -
2 American Tower 87.12 Bn 93.62 Bn 2.70 Bn -
3 Digital Realty Trust 63.57 Bn 62.73 Bn - -
4 Crown Castle 40.12 Bn 40.07 Bn 984.00 Mn -
5 Iron Mountain 37.76 Bn 37.79 Bn 1.05 Bn -
6 Sba Communications 21.58 Bn 21.67 Bn 532.10 Mn -
7 Weyerhaeuser 17.92 Bn 17.63 Bn 318.00 Mn -
8 Lamar Advertising 15.66 Bn 15.61 Bn 403.56 Mn 34.16%
9 Gaming & Leisure Properties 13.45 Bn 13.85 Bn - -
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 10.77%
Dec 31, 2024 8.49%
Dec 31, 2023 9.58%
Dec 31, 2022 12.57%
Dec 31, 2021 15.67%
Dec 31, 2020 14.28%
Dec 31, 2019 18.52%
Dec 31, 2018 18.05%
Dec 31, 2017 18.36%
Dec 31, 2016 23.21%
Dec 31, 2015 22.79%
Dec 31, 2014 16.00%
Dec 31, 2013 25.76%
Dec 31, 2012 28.62%
Dec 31, 2011 28.64%
Dec 31, 2010 28.00%
Dec 31, 2009 27.90%