DLR

DIGITAL REALTY TRUST, INC.

Ticker: DLRReal EstateREITsS&P 500
HQ AUSTIN, TXCIK 1297996FY end 12-31Book / share $76.77Shares 357M
Revenue (FY)
$6.11B+10.04%
TTM $6.77B
Op. margin
10.77%+2.28%
TTM 14.56%
Net income
$1.31B+123.20%
TTM $792.24M
Operating cash
$2.41B+6.66%
TTM $2.97B
Free cash flow
$2.41B+6.66%
TTM $2.97B
Return on equity
6.05%+2.33%
TTM 2.91%
Debt / equity
0.84+0.03%
TTM 0.68
Shares outstanding
347.8M+4.91%
TTM 357.4M

The business

Digital Realty Trust, Inc. (NYSE: DLR) operates as a leading global data center real estate investment trust providing secure, reliable, and interconnected data center facilities to a diverse customer base including cloud service providers, financial institutions, technology companies, and enterprises. The company's website is www.digitalrealty.com.

The company's core business involves owning, acquiring, and operating data centers strategically located across major metropolitan areas and technology hubs worldwide. Digital Realty's portfolio encompasses interconnected facilities designed to support mission-critical computing environments, offering customers access to redundant power, cooling, and connectivity infrastructure essential for data processing, storage, and distribution operations.

Digital Realty maintains a global footprint with data center facilities spanning multiple continents, serving customers across North America, Europe, Asia-Pacific, and other key markets. The company's platform provides colocation services, enabling customers to house their own computing equipment within Digital Realty's facilities, alongside interconnection services that facilitate direct connections between customers' infrastructure and third-party networks and service providers.

The company's business model centers on long-term lease agreements with customers, generating recurring revenue streams from colocation capacity, power consumption, and ancillary services. Digital Realty benefits from structural growth drivers including increasing data consumption, cloud computing adoption, artificial intelligence workload expansion, and the growing need for distributed computing infrastructure across geographic regions.

As a REIT, Digital Realty is required to distribute substantially all taxable income to shareholders through dividends while maintaining specific ownership structures and asset composition requirements under Internal Revenue Code provisions. The company's Articles of Amendment and Restatement establish ownership restrictions limiting any person's beneficial or constructive ownership of the company's capital stock to 9.8 percent of aggregate value, designed to preserve REIT qualification status and prevent concentration of ownership that could jeopardize the company's tax-advantaged structure.

Sector
Real Estate
Industry
REITs
HQ
AUSTIN, TX
FY end
12-31
CIK
1297996
SIC
6798
Financial performance · annual
20132025
$-677.11M$1.35B$3.39B$5.42B$7.45B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds DIGITAL REALTY TRUST, INC. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

788
funds hold it
0 of 35
superinvestors hold it
$25.08B
fund-held value
36.3%
of shares held by funds
11
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
3.66%$2.56B
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.09%$2.00B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.09%$1.54B
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.61%$1.37B
Cohen & Steers Real Estate Securities Fund
CSEIX · COHEN & STEERS REAL ESTATE SECURITIES FUND INC
8.76%$838.20M

Bonds held by funds

Funds report holding 11 issues of DIGITAL REALTY TRUST, INC.'s debt, $1.24B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 3.79%, maturing 20272035.

IssueCouponMaturesFundsFund-held
Digital Realty Trust LP1.875%2029-11-1572$307.49M
Digital Realty Trust LP5.550%2028-01-1565$293.76M
Digital Realty Trust LP3.600%2029-07-0169$252.90M
Digital Realty Trust LP4.450%2028-07-1559$206.23M
Digital Realty Trust LP3.700%2027-08-1569$179.69M
Digital Stout Holding LLC3.750%2030-10-172$1.00M
Digital Dutch Finco BV3.875%2034-07-151$0.45M
DIGITAL DUTCH FINCO BV 1.000000% 01/15/20321.000%2032-01-151$0.31M
Digital Dutch Finco BV3.875%2035-03-151$0.27M
Digital Intrepid Holding BV0.625%2031-07-151$0.20M

The 10 largest by fund-held value, of 11.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of DIGITAL REALTY TRUST, INC.'s financials

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