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Digital Realty Trust (DLR) vs. Prologis (PLD)

This page compares Digital Realty Trust (DLR) with Prologis (PLD) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.

Company Profile

Digital Realty Trust (DLR) and Prologis (PLD) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but DLR is classified in Specialized REITs while PLD is classified in Industrial REITs.

Both Digital Realty Trust (DLR, REIT) and Prologis (PLD, 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.

SymbolDLRPLD
Company NameDigital Realty Trust, Inc.Prologis, Inc.
Country/RegionUnited StatesUnited States
GICS SectorReal EstateReal Estate
GICS Industry GroupEquity Real Estate Investment Trusts (REITs)Equity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITsIndustrial REITs
GICS Sub-IndustryData Center REITsIndustrial REITs
Market Capitalization69.49 billion USD134.84 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 29, 2004November 21, 1997
Security TypeREITREIT

Historical Performance

DLR
PLD
Loading price history…
Digital Realty Trust (DLR) vs. Prologis (PLD): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Historical Performance at a Glance

SymbolDLRPLD
5-Day Price Return3.06%2.92%
13-Week Price Return9.82%4.02%
26-Week Price Return22.87%16.64%
52-Week Price Return16.13%38.18%
Month-to-Date Return-3.32%1.84%
Year-to-Date Return25.57%13.29%
10-Day Avg. Volume1.85M2.92M
3-Month Avg. Volume2.04M3.50M
3-Month Volatility21.51%20.09%
Beta1.081.36

Profitability

Return on Equity (TTM)

Both Digital Realty Trust (DLR) at 5.98% and Prologis (PLD) at 7.01% 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%

PLD

Equity Real Estate Investment Trusts (REITs) industry group

7.01%

Max
22.01%
Q3
11.68%
Median
6.89%
Q1
3.22%
Min
-9.32%
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Return on Equity (TTM) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

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 Prologis (PLD) 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%

PLD

Equity Real Estate Investment Trusts (REITs) industry group

41.54%

Max
70.59%
Q3
34.78%
Median
23.30%
Q1
9.09%
Min
-22.16%
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Net Profit Margin (TTM) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

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 Prologis (PLD) 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%

PLD

Equity Real Estate Investment Trusts (REITs) industry group

38.24%

Max
78.54%
Q3
40.76%
Median
25.94%
Q1
14.42%
Min
-21.19%
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Operating Profit Margin (TTM) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Profitability at a Glance

SymbolDLRPLD
Return on Equity (TTM)5.98%7.01%
Return on Assets (TTM)2.82%3.78%
Net Profit Margin (TTM)21.73%41.54%
Operating Profit Margin (TTM)11.44%38.24%
Gross Profit Margin (TTM)58.08%74.43%

Financial Strength

Current Ratio (MRQ)

Digital Realty Trust (DLR) at 1.05 keeps Current Ratio (MRQ) within its industry mid-range, while Prologis (PLD) at 0.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PLD.

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

PLD

Equity Real Estate Investment Trusts (REITs) industry group

0.16

Max
2.89
Q3
1.41
Median
0.74
Q1
0.34
Min
0.00
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Current Ratio (MRQ) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Prologis (PLD) at 0.65 maintains Debt-to-Equity Ratio (MRQ) in the lower-leverage quartile of industry peers, ahead of Digital Realty Trust (DLR) at 0.77, which sits around the industry mid-range.

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

PLD

Equity Real Estate Investment Trusts (REITs) industry group

0.65

Max
3.10
Q3
1.71
Median
1.05
Q1
0.76
Min
0.14
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Debt-to-Equity Ratio (MRQ) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Interest Coverage Ratio (TTM)

Prologis (PLD) leads with Interest Coverage Ratio (TTM) of 7.44, above its industry benchmark range, while Digital Realty Trust (DLR) at 3.86 also ranks strongly in the top quartile.

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

PLD

Equity Real Estate Investment Trusts (REITs) industry group

7.44

Max
6.82
Q3
3.66
Median
2.50
Q1
1.54
Min
-0.62
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Interest Coverage Ratio (TTM) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Financial Strength at a Glance

SymbolDLRPLD
Current Ratio (MRQ)1.050.16
Quick Ratio (MRQ)1.050.16
Debt-to-Equity Ratio (MRQ)0.770.65
Interest Coverage Ratio (TTM)3.867.44

Growth

Revenue Growth

Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

SymbolDLRPLD
Revenue Growth (MRQ vs Prior YoY)16.16%7.39%
Revenue Growth (TTM vs Prior YoY)12.59%6.72%
3-Year Revenue CAGR9.22%13.74%
5-Year Revenue CAGR9.38%14.64%

EPS Growth

Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

SymbolDLRPLD
EPS Growth (MRQ vs Prior YoY)59.09%65.35%
EPS Growth (TTM vs Prior YoY)211.72%-0.99%
3-Year EPS CAGR43.71%-5.68%
5-Year EPS CAGR22.61%12.11%

Dividend

Dividend Yield (TTM)

Both Digital Realty Trust (DLR) at 2.61% and Prologis (PLD) at 2.87% 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%

PLD

Equity Real Estate Investment Trusts (REITs) industry group

2.87%

Max
8.57%
Q3
5.38%
Median
4.20%
Q1
3.23%
Min
0.06%
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Dividend Yield (TTM) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

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 Prologis (PLD) 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%

PLD

Equity Real Estate Investment Trusts (REITs) industry group

105.78%

Max
264.79%
Q3
154.23%
Median
110.31%
Q1
77.71%
Min
0.00%
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Dividend Payout Ratio (TTM) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Dividend at a Glance

SymbolDLRPLD
Dividend Yield (TTM)2.61%2.87%
Dividend Payout Ratio (TTM)127.09%105.78%

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 Prologis (PLD) 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

PLD

Equity Real Estate Investment Trusts (REITs) industry group

36.91

Max
62.52
Q3
38.29
Median
28.27
Q1
21.86
Min
1.10
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Price-to-Earnings Ratio (TTM) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Price-to-Sales Ratio (TTM)

Both Digital Realty Trust (DLR) at 10.59 and Prologis (PLD) at 15.33 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

PLD

Equity Real Estate Investment Trusts (REITs) industry group

15.33

Max
15.33
Q3
9.12
Median
6.96
Q1
3.47
Min
0.75
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Price-to-Sales Ratio (TTM) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Price-to-Book Ratio (MRQ)

Both Digital Realty Trust (DLR) at 2.69 and Prologis (PLD) at 2.30 post Price-to-Book Ratio (MRQ) near the typical industry midpoint — neither company stands out strongly from peers on book-value multiple.

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

PLD

Equity Real Estate Investment Trusts (REITs) industry group

2.30

Max
3.43
Q3
2.78
Median
1.80
Q1
1.32
Min
0.22
Digital Realty Trust (DLR) vs. Prologis (PLD): A comparison of their Price-to-Book Ratio (MRQ) against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Valuation at a Glance

SymbolDLRPLD
Price-to-Earnings Ratio (TTM)48.7336.91
Price-to-Sales Ratio (TTM)10.5915.33
Price-to-Book Ratio (MRQ)2.692.30
Price-to-Free Cash Flow Ratio (TTM)1,971.19120.73