Digital Realty Trust (DLR) vs. Equinix (EQIX)
This page compares Digital Realty Trust (DLR) with Equinix (EQIX) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
Digital Realty Trust (DLR) and Equinix (EQIX) are both classified in the Data Center REITs sub-industry within the broader Specialized REITs industry, placing them in the closest GICS peer bucket.
Both Digital Realty Trust (DLR, REIT) and Equinix (EQIX, REIT) are distribution-oriented income vehicles — payout ratios and P/E should be read alongside FFO, distributable cash flow, or issuer-specific cash-flow measures.
| Symbol | DLR | EQIX |
|---|---|---|
| Company Name | Digital Realty Trust, Inc. | Equinix, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Real Estate | Real Estate |
| GICS Industry Group | Equity Real Estate Investment Trusts (REITs) | Equity Real Estate Investment Trusts (REITs) |
| GICS Industry | Specialized REITs | Specialized REITs |
| GICS Sub-Industry | Data Center REITs | Data Center REITs |
| Market Capitalization | 69.49 billion USD | 106.36 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | October 29, 2004 | August 11, 2000 |
| Security Type | REIT | REIT |
Historical Performance
Historical Performance at a Glance
| Symbol | DLR | EQIX |
|---|---|---|
| 5-Day Price Return | 3.06% | 1.79% |
| 13-Week Price Return | 9.82% | 17.47% |
| 26-Week Price Return | 22.87% | 37.11% |
| 52-Week Price Return | 16.13% | 25.52% |
| Month-to-Date Return | -3.32% | -0.41% |
| Year-to-Date Return | 25.57% | 40.76% |
| 10-Day Avg. Volume | 1.85M | 0.51M |
| 3-Month Avg. Volume | 2.04M | 0.61M |
| 3-Month Volatility | 21.51% | 18.03% |
| Beta | 1.08 | 1.00 |
Profitability
Return on Equity (TTM)
Both Digital Realty Trust (DLR) at 5.98% and Equinix (EQIX) at 10.03% post Return on Equity (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on this measure.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
5.98%
- Max
- 22.01%
- Q3
- 11.68%
- Median
- 6.89%
- Q1
- 3.22%
- Min
- -9.32%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
10.03%
- Max
- 22.01%
- Q3
- 11.68%
- Median
- 6.89%
- Q1
- 3.22%
- Min
- -9.32%
Net Profit Margin (TTM)
Net Profit Margin (TTM) isn’t a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Equinix (EQIX) in Equity Real Estate Investment Trusts (REITs) under our convention.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
21.73%
- Max
- 70.59%
- Q3
- 34.78%
- Median
- 23.30%
- Q1
- 9.09%
- Min
- -22.16%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
15.07%
- Max
- 70.59%
- Q3
- 34.78%
- Median
- 23.30%
- Q1
- 9.09%
- Min
- -22.16%
Operating Profit Margin (TTM)
Operating Profit Margin (TTM) isn’t a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Equinix (EQIX) in Equity Real Estate Investment Trusts (REITs) under our convention.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
11.44%
- Max
- 78.54%
- Q3
- 40.76%
- Median
- 25.94%
- Q1
- 14.42%
- Min
- -21.19%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
20.86%
- Max
- 78.54%
- Q3
- 40.76%
- Median
- 25.94%
- Q1
- 14.42%
- Min
- -21.19%
Profitability at a Glance
| Symbol | DLR | EQIX |
|---|---|---|
| Return on Equity (TTM) | 5.98% | 10.03% |
| Return on Assets (TTM) | 2.82% | 3.60% |
| Net Profit Margin (TTM) | 21.73% | 15.07% |
| Operating Profit Margin (TTM) | 11.44% | 20.86% |
| Gross Profit Margin (TTM) | 58.08% | 51.14% |
Financial Strength
Current Ratio (MRQ)
Both Digital Realty Trust (DLR) at 1.05 and Equinix (EQIX) at 1.18 carry Current Ratio (MRQ) within their industry mid-ranges, suggesting balanced short-term liquidity relative to peers.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
1.05
- Max
- 2.89
- Q3
- 1.41
- Median
- 0.74
- Q1
- 0.34
- Min
- 0.00
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
1.18
- Max
- 2.89
- Q3
- 1.41
- Median
- 0.74
- Q1
- 0.34
- Min
- 0.00
Debt-to-Equity Ratio (MRQ)
Both Digital Realty Trust (DLR) at 0.77 and Equinix (EQIX) at 1.53 post Debt-to-Equity Ratio (MRQ) near their industry mid-ranges, so neither company stands out strongly from peers on leverage.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
0.77
- Max
- 3.10
- Q3
- 1.71
- Median
- 1.05
- Q1
- 0.76
- Min
- 0.14
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
1.53
- Max
- 3.10
- Q3
- 1.71
- Median
- 1.05
- Q1
- 0.76
- Min
- 0.14
Interest Coverage Ratio (TTM)
Both Digital Realty Trust (DLR) at 3.86 and Equinix (EQIX) at 5.52 rank in the top quartile for Interest Coverage Ratio (TTM) among industry peers, indicating ample headroom to cover interest payments from operating income or EBIT.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
3.86
- Max
- 6.82
- Q3
- 3.66
- Median
- 2.50
- Q1
- 1.54
- Min
- -0.62
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
5.52
- Max
- 6.82
- Q3
- 3.66
- Median
- 2.50
- Q1
- 1.54
- Min
- -0.62
Financial Strength at a Glance
| Symbol | DLR | EQIX |
|---|---|---|
| Current Ratio (MRQ) | 1.05 | 1.18 |
| Quick Ratio (MRQ) | 1.05 | 1.18 |
| Debt-to-Equity Ratio (MRQ) | 0.77 | 1.53 |
| Interest Coverage Ratio (TTM) | 3.86 | 5.52 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | DLR | EQIX |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 16.16% | 9.84% |
| Revenue Growth (TTM vs Prior YoY) | 12.59% | 6.67% |
| 3-Year Revenue CAGR | 9.22% | 8.27% |
| 5-Year Revenue CAGR | 9.38% | 8.97% |
EPS Growth
EPS Growth at a Glance
| Symbol | DLR | EQIX |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 59.09% | 19.96% |
| EPS Growth (TTM vs Prior YoY) | 211.72% | 50.24% |
| 3-Year EPS CAGR | 43.71% | 21.49% |
| 5-Year EPS CAGR | 22.61% | 26.88% |
Dividend
Dividend Yield (TTM)
Both Digital Realty Trust (DLR) at 2.61% and Equinix (EQIX) at 1.79% report Dividend Yield (TTM) in the bottom quartile of industry peers, indicating lower cash yield relative to share price than typical competitors.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
2.61%
- Max
- 8.57%
- Q3
- 5.38%
- Median
- 4.20%
- Q1
- 3.23%
- Min
- 0.06%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
1.79%
- Max
- 8.57%
- Q3
- 5.38%
- Median
- 4.20%
- Q1
- 3.23%
- Min
- 0.06%
Dividend Payout Ratio (TTM)
Dividend Payout Ratio (TTM) isn’t a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Equinix (EQIX) in Equity Real Estate Investment Trusts (REITs) under our convention.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
127.09%
- Max
- 264.79%
- Q3
- 154.23%
- Median
- 110.31%
- Q1
- 77.71%
- Min
- 0.00%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
134.11%
- Max
- 264.79%
- Q3
- 154.23%
- Median
- 110.31%
- Q1
- 77.71%
- Min
- 0.00%
Dividend at a Glance
| Symbol | DLR | EQIX |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 1.79% |
| Dividend Payout Ratio (TTM) | 127.09% | 134.11% |
Valuation
Price-to-Earnings Ratio (TTM)
Price-to-Earnings Ratio (TTM) isn’t a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Equinix (EQIX) in Equity Real Estate Investment Trusts (REITs) under our convention.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
48.73
- Max
- 62.52
- Q3
- 38.29
- Median
- 28.27
- Q1
- 21.86
- Min
- 1.10
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
74.79
- Max
- 62.52
- Q3
- 38.29
- Median
- 28.27
- Q1
- 21.86
- Min
- 1.10
Price-to-Sales Ratio (TTM)
Both Digital Realty Trust (DLR) at 10.59 and Equinix (EQIX) at 11.27 trade in the higher-multiple quartile for Price-to-Sales Ratio (TTM) among industry peers, indicating higher trailing revenue multiples than typical peers.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
10.59
- Max
- 15.33
- Q3
- 9.12
- Median
- 6.96
- Q1
- 3.47
- Min
- 0.75
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
11.27
- Max
- 15.33
- Q3
- 9.12
- Median
- 6.96
- Q1
- 3.47
- Min
- 0.75
Price-to-Book Ratio (MRQ)
Digital Realty Trust (DLR) at 2.69 hovers around the typical industry Price-to-Book Ratio (MRQ), while Equinix (EQIX) at 6.76 sits above its industry benchmark range — an elevated book-value multiple for EQIX relative to peers.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
2.69
- Max
- 3.43
- Q3
- 2.78
- Median
- 1.80
- Q1
- 1.32
- Min
- 0.22
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
6.76
- Max
- 3.43
- Q3
- 2.78
- Median
- 1.80
- Q1
- 1.32
- Min
- 0.22
Valuation at a Glance
| Symbol | DLR | EQIX |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 48.73 | 74.79 |
| Price-to-Sales Ratio (TTM) | 10.59 | 11.27 |
| Price-to-Book Ratio (MRQ) | 2.69 | 6.76 |
| Price-to-Free Cash Flow Ratio (TTM) | 1,971.19 | 297.92 |