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.
| Symbol | DLR | PLD |
|---|---|---|
| Company Name | Digital Realty Trust, Inc. | Prologis, 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 | Industrial REITs |
| GICS Sub-Industry | Data Center REITs | Industrial REITs |
| Market Capitalization | 69.49 billion USD | 134.84 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 29, 2004 | November 21, 1997 |
| Security Type | REIT | REIT |
Historical Performance
Historical Performance at a Glance
| Symbol | DLR | PLD |
|---|---|---|
| 5-Day Price Return | 3.06% | 2.92% |
| 13-Week Price Return | 9.82% | 4.02% |
| 26-Week Price Return | 22.87% | 16.64% |
| 52-Week Price Return | 16.13% | 38.18% |
| Month-to-Date Return | -3.32% | 1.84% |
| Year-to-Date Return | 25.57% | 13.29% |
| 10-Day Avg. Volume | 1.85M | 2.92M |
| 3-Month Avg. Volume | 2.04M | 3.50M |
| 3-Month Volatility | 21.51% | 20.09% |
| Beta | 1.08 | 1.36 |
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%
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%
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%
Profitability at a Glance
| Symbol | DLR | PLD |
|---|---|---|
| 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
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
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
Financial Strength at a Glance
| Symbol | DLR | PLD |
|---|---|---|
| Current Ratio (MRQ) | 1.05 | 0.16 |
| Quick Ratio (MRQ) | 1.05 | 0.16 |
| Debt-to-Equity Ratio (MRQ) | 0.77 | 0.65 |
| Interest Coverage Ratio (TTM) | 3.86 | 7.44 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | DLR | PLD |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 16.16% | 7.39% |
| Revenue Growth (TTM vs Prior YoY) | 12.59% | 6.72% |
| 3-Year Revenue CAGR | 9.22% | 13.74% |
| 5-Year Revenue CAGR | 9.38% | 14.64% |
EPS Growth
EPS Growth at a Glance
| Symbol | DLR | PLD |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 59.09% | 65.35% |
| EPS Growth (TTM vs Prior YoY) | 211.72% | -0.99% |
| 3-Year EPS CAGR | 43.71% | -5.68% |
| 5-Year EPS CAGR | 22.61% | 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%
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%
Dividend at a Glance
| Symbol | DLR | PLD |
|---|---|---|
| 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
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
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
Valuation at a Glance
| Symbol | DLR | PLD |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 48.73 | 36.91 |
| Price-to-Sales Ratio (TTM) | 10.59 | 15.33 |
| Price-to-Book Ratio (MRQ) | 2.69 | 2.30 |
| Price-to-Free Cash Flow Ratio (TTM) | 1,971.19 | 120.73 |