Digital Realty Trust (DLR) vs. Welltower (WELL)
This page compares Digital Realty Trust (DLR) with Welltower (WELL) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
Digital Realty Trust (DLR) and Welltower (WELL) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but DLR is classified in Specialized REITs while WELL is classified in Health Care REITs.
Both Digital Realty Trust (DLR, REIT) and Welltower (WELL, 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 | WELL |
|---|---|---|
| Company Name | Digital Realty Trust, Inc. | Welltower 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 | Health Care REITs |
| GICS Sub-Industry | Data Center REITs | Health Care REITs |
| Market Capitalization | 69.49 billion USD | 152.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 29, 2004 | March 19, 1980 |
| Security Type | REIT | REIT |
Historical Performance
Historical Performance at a Glance
| Symbol | DLR | WELL |
|---|---|---|
| 5-Day Price Return | 3.06% | 1.06% |
| 13-Week Price Return | 9.82% | 3.85% |
| 26-Week Price Return | 22.87% | 13.05% |
| 52-Week Price Return | 16.13% | 45.66% |
| Month-to-Date Return | -3.32% | -0.61% |
| Year-to-Date Return | 25.57% | 16.38% |
| 10-Day Avg. Volume | 1.85M | 3.75M |
| 3-Month Avg. Volume | 2.04M | 3.18M |
| 3-Month Volatility | 21.51% | 22.44% |
| Beta | 1.08 | 0.82 |
Profitability
Return on Equity (TTM)
Both Digital Realty Trust (DLR) at 5.98% and Welltower (WELL) at 3.51% 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%
WELL
Equity Real Estate Investment Trusts (REITs) industry group
3.51%
- 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 Welltower (WELL) 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%
WELL
Equity Real Estate Investment Trusts (REITs) industry group
11.96%
- 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 Welltower (WELL) 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%
WELL
Equity Real Estate Investment Trusts (REITs) industry group
3.33%
- Max
- 78.54%
- Q3
- 40.76%
- Median
- 25.94%
- Q1
- 14.42%
- Min
- -21.19%
Profitability at a Glance
| Symbol | DLR | WELL |
|---|---|---|
| Return on Equity (TTM) | 5.98% | 3.51% |
| Return on Assets (TTM) | 2.82% | 2.25% |
| Net Profit Margin (TTM) | 21.73% | 11.96% |
| Operating Profit Margin (TTM) | 11.44% | 3.33% |
| Gross Profit Margin (TTM) | 58.08% | 40.57% |
Financial Strength
Current Ratio (MRQ)
Digital Realty Trust (DLR) at 1.05 keeps Current Ratio (MRQ) within its industry mid-range, while Welltower (WELL) at 1.67 sits above the industry mid-range — comfortable liquidity, though possibly with more idle current assets 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
WELL
Equity Real Estate Investment Trusts (REITs) industry group
1.67
- Max
- 2.89
- Q3
- 1.41
- Median
- 0.74
- Q1
- 0.34
- Min
- 0.00
Debt-to-Equity Ratio (MRQ)
Welltower (WELL) at 0.41 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
WELL
Equity Real Estate Investment Trusts (REITs) industry group
0.41
- Max
- 3.10
- Q3
- 1.71
- Median
- 1.05
- Q1
- 0.76
- Min
- 0.14
Interest Coverage Ratio (TTM)
Welltower (WELL) reports a problematic Interest Coverage Ratio (TTM) of 0.29; operating income or EBIT does not fully cover interest expense, so the ratio points to interest-payment strain. Meanwhile Digital Realty Trust (DLR) reports 3.86, ranking against industry peers normally.
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
WELL
Equity Real Estate Investment Trusts (REITs) industry group
0.29
- Max
- 6.82
- Q3
- 3.66
- Median
- 2.50
- Q1
- 1.54
- Min
- -0.62
Financial Strength at a Glance
| Symbol | DLR | WELL |
|---|---|---|
| Current Ratio (MRQ) | 1.05 | 1.67 |
| Quick Ratio (MRQ) | 1.05 | 1.67 |
| Debt-to-Equity Ratio (MRQ) | 0.77 | 0.41 |
| Interest Coverage Ratio (TTM) | 3.86 | 0.29 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | DLR | WELL |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 16.16% | 38.33% |
| Revenue Growth (TTM vs Prior YoY) | 12.59% | 37.55% |
| 3-Year Revenue CAGR | 9.22% | 22.74% |
| 5-Year Revenue CAGR | 9.38% | 18.67% |
EPS Growth
EPS Growth at a Glance
| Symbol | DLR | WELL |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 59.09% | 154.26% |
| EPS Growth (TTM vs Prior YoY) | 211.72% | 15.68% |
| 3-Year EPS CAGR | 43.71% | 66.74% |
| 5-Year EPS CAGR | 22.61% | -9.79% |
Dividend
Dividend Yield (TTM)
Both Digital Realty Trust (DLR) at 2.61% and Welltower (WELL) at 1.29% 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%
WELL
Equity Real Estate Investment Trusts (REITs) industry group
1.29%
- 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 Welltower (WELL) 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%
WELL
Equity Real Estate Investment Trusts (REITs) industry group
139.68%
- Max
- 264.79%
- Q3
- 154.23%
- Median
- 110.31%
- Q1
- 77.71%
- Min
- 0.00%
Dividend at a Glance
| Symbol | DLR | WELL |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 1.29% |
| Dividend Payout Ratio (TTM) | 127.09% | 139.68% |
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 Welltower (WELL) 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
WELL
Equity Real Estate Investment Trusts (REITs) industry group
108.03
- 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 Welltower (WELL) at 12.92 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
WELL
Equity Real Estate Investment Trusts (REITs) industry group
12.92
- 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 carries typical industry Price-to-Book Ratio (MRQ), while Welltower (WELL) at 3.18 sits in the higher-multiple quartile — WELL carries a higher book-value multiple 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
WELL
Equity Real Estate Investment Trusts (REITs) industry group
3.18
- Max
- 3.43
- Q3
- 2.78
- Median
- 1.80
- Q1
- 1.32
- Min
- 0.22
Valuation at a Glance
| Symbol | DLR | WELL |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 48.73 | 108.03 |
| Price-to-Sales Ratio (TTM) | 10.59 | 12.92 |
| Price-to-Book Ratio (MRQ) | 2.69 | 3.18 |
| Price-to-Free Cash Flow Ratio (TTM) | 1,971.19 | 104.39 |