DLR financial statements
The full income statement, balance sheet, and cash-flow statement for Digital Realty Trust Inc. (DLR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 6.11B+10.0% | 5.55B+1.4% | 5.48B+16.7% | 4.69B+6.0% | 4.43B+13.4% | |
| 5.45B+7.3% | 5.08B+2.6% | 4.95B+20.7% | 4.10B+9.9% | 3.73B+11.6% | ||
| Selling, general & administrative | 565M+17.8% | 480M+6.9% | 449M+6.4% | 422M+5.4% | 401M+14.0% | |
| General & administrative | 565M+17.8% | 480M+6.9% | 449M+6.4% | 422M+5.4% | 401M+14.0% | |
| Operating income | 658M+39.6% | 472M-10.0% | 524M-11.1% | 590M-15.0% | 694M+24.5% | |
| Interest expense | 438M-3.3% | 453M+3.4% | 438M+46.3% | 299M+1.8% | 294M-11.8% | |
| Other non-operating income | 161M+4.4% | 154M+125.4% | 68.4M+667.4% | 8.92M+304.6% | -4.36M-121.6% | |
| Equity-method income | -32.0M+73.4% | -120M-303.3% | -29.8M-120.7% | -13.5M-121.7% | 62.3M+208.1% | |
| Pre-tax income | 1.35B | — | — | — | — | |
| Income tax | 32.0M-41.5% | 54.8M-27.5% | 75.6M+139.6% | 31.6M-56.7% | 72.8M+91.3% | |
| 1.31B+117.2% | 602M-36.5% | 949M+151.2% | 378M-77.9% | 1.71B+379.6% | ||
| Net income to non-controlling interest | 4.58M+132.3% | -14.2M-1060.9% | 1.47M-44.2% | 2.64M-93.1% | 38.2M+502.5% | |
| Net income to common | 1.27B+125.7% | 562M-38.1% | 908M+169.5% | 337M-80.0% | 1.68B+538.5% | |
| $3.58+122.4% | $1.61-44.1% | $2.88+159.5% | $1.11-81.3% | $5.94+494.0% | ||
| EPS (basic) | $3.73+114.4% | $1.74-42.8% | $3.04+157.6% | $1.18-80.2% | $5.95+489.1% | |
| Weighted-avg shares (basic) | 340M+5.1% | 323M+8.3% | 299M+4.3% | 286M+1.4% | 282M+108502.9% | |
| Weighted-avg shares (diluted) | 348M+4.9% | 332M+7.3% | 309M+3.7% | 298M+5.2% | 283M+107784.6% | |
| Dividends per share | $5.03+3.7% | $4.85-0.4% | $4.87-2.3% | $4.98+2.8% | $4.85+17.2% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 3.45B-10.8% | 3.87B+138.1% | 1.63B+1046.5% | 142M-0.6% | 143M+31.5% | |
| 49.4B+9.1% | 45.3B+2.7% | 44.1B+6.3% | 41.5B+14.1% | 36.4B+0.8% | ||
| Operating lease right-of-use | 1.14B-3.7% | 1.18B-16.6% | 1.41B+4.7% | 1.35B-3.9% | 1.41B+1.3% | |
| Goodwill | 9.71B+8.8% | 8.93B-3.4% | 9.24B+0.3% | 9.21B+16.0% | 7.94B-4.7% | |
| Intangible assets | 1.81B-6.6% | 1.94B | — | — | — | |
| 24.6B+11.1% | 22.1B-4.4% | 23.1B+5.7% | 21.9B+22.5% | 17.8B+1.5% | ||
| Long-term debt | 16.2B+16.0% | 14.0B+4.0% | 13.4B+2.3% | 13.1B+1.7% | 12.9B+7.6% | |
| Operating lease liability (total) | 1.25B-3.2% | 1.29B-16.1% | 1.54B+4.8% | 1.47B-2.7% | 1.51B+3.0% | |
| Finance lease liability (total) | 341M+6.7% | 319M+1.3% | 315M-3.1% | 325M+48.8% | 219M-6.3% | |
| Deferred tax liabilities | 1.12B+3.7% | 1.08B-5.8% | 1.15B-3.5% | 1.19B+79.0% | 666M-4.6% | |
| 22.9B+7.4% | 21.3B+11.6% | 19.1B+8.7% | 17.6B-2.3% | 18.0B+1.6% | ||
| Preferred stock | 732M+0.0% | 732M+0.0% | 732M+0.0% | 732M+0.0% | 732M-23.1% | |
| Common stock | 3.41M+2.1% | 3.34M+8.1% | 3.09M+7.0% | 2.89M+2.2% | 2.82M+1.3% | |
| Additional paid-in capital | 29.4B+4.5% | 28.1B+15.1% | 24.4B+10.2% | 22.1B+5.1% | 21.1B+2.2% | |
| Retained earnings | -6.69B-6.3% | -6.29B-19.6% | -5.26B-12.0% | -4.70B-29.4% | -3.63B+9.2% | |
| Accumulated other comprehensive income | -469M+60.3% | -1.18B-57.3% | -751M-26.1% | -596M-242.6% | -174M-228.8% | |
| Non-controlling interest | 421M+4.8% | 402M-16.9% | 484M-7.7% | 524M+11.0% | 472M-35.2% | |
| Total equity incl. non-controlling | 23.3B+7.4% | 21.7B+10.9% | 19.6B+8.3% | 18.1B-2.0% | 18.5B+0.2% | |
| Total liabilities & equity | 49.4B+9.1% | 45.3B+2.7% | 44.1B+6.3% | 41.5B+14.1% | 36.4B+0.8% | |
| Common shares issued | 344M+2.1% | 336M+7.9% | 312M+7.0% | 291M+2.4% | 284M+1.5% | |
| Common shares outstanding | 344M+2.1% | 337M+8.0% | 312M+7.0% | 291M+2.4% | 284M+1.5% | |
| Shares outstanding (cover) | 344M+2.1% | 337M+7.8% | 312M+7.3% | 291M+2.4% | 284M+1.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.41B+6.7% | 2.26B+38.3% | 1.63B-1.5% | 1.66B-2.5% | 1.70B-0.3% | ||
| Depreciation & amortization | 1.89B+6.9% | 1.77B+4.5% | 1.69B+7.4% | 1.58B+6.1% | 1.49B+8.8% | |
| Deferred income taxes | -101M | — | — | — | — | |
| -2.23B-17.0% | -1.91B-70.9% | -1.12B+76.3% | -4.70B-342.6% | -1.06B+59.2% | ||
| Capital expenditure | 3.18B+12.3% | 2.83B-19.7% | 3.53B+33.4% | 2.64B+4.9% | 2.52B+22.1% | |
| Free cash flow | -769M-34.9% | -570M+69.8% | -1.89B-92.2% | -984M-20.2% | -819M-128.9% | |
| Acquisitions | 309M | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Other investing activities | -18.0M-115.6% | 115M+84.7% | 62.5M-38.5% | 102M+138.1% | 42.7M-9.2% | |
| -487M-123.6% | 2.06B+114.2% | 963M-67.6% | 2.97B+602.7% | -591M-163.1% | ||
| Long-term debt issued | 3.49B+56.1% | 2.23B+157.2% | 869M-68.9% | 2.79B+53.0% | 1.82B-48.9% | |
| Long-term debt repaid | 2.51B+18.7% | 2.12B+1792.3% | 112M-89.2% | 1.04B+4.6% | 991M-66.2% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 1.73B+5.8% | 1.63B+7.4% | 1.52B+4.8% | 1.45B+5.2% | 1.38B+18.6% | |
| Other financing activities | -58.5M-294.7% | 30.0M+148.5% | -62.0M-219.0% | 52.1M+254.1% | -33.8M-94.0% | |
| FX effect on cash | -113M+36.5% | -179M-6885.4% | 2.63M-96.2% | 70.1M+417.9% | -22.0M-33.7% | |
| Interest paid | 381M-13.2% | 438M+11.4% | 393M+44.9% | 272M-1.2% | 275M-9.0% | |
| Income taxes paid | 113M+58.7% | 71.2M-19.8% | 88.8M+112.9% | 41.7M+39.5% | 29.9M+48.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 53.2B-10.9% | 59.7B+46.5% | 40.8B+41.4% | 28.8B-42.7% | 50.3B+28.3% | |
| P/E | 40.6×-59.0% | 99.1×+124.7% | 44.1×+120.5% | 20.0×-32.1% | 29.4×-73.3% | |
| P/S | 8.7×-19.1% | 10.7×+40.8% | 7.6×+21.0% | 6.3×-44.5% | 11.4×+13.1% | |
| P/B | 2.3×-17.1% | 2.8×+24.8% | 2.2×+32.6% | 1.7×-39.5% | 2.8×+26.2% | |
| Earnings yield | 2.5%+143.9% | 1.0%-55.5% | 2.3%-54.6% | 5.0%+47.2% | 3.4%+273.8% | |
| Dividend yield | 3.3%+18.8% | 2.7%-24.4% | 3.6%-27.2% | 5.0%+81.3% | 2.7%-7.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: DLR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DLR filings on SEC EDGAR → Not investment advice.
