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