Digital Realty Trust, Inc. Financial Ratios — DLR-PJ Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	17,486.88	37,605.37
Return on Assets (%)	2.73	2.82	3.41	2.09	2.83	3.61	1.48	1.47	2.48	1.21	4.72	0.97	2.22	1.35	2.76
Return on Capital (%)	- -	9.85	10.88	8.01	9.32	11.69	7.05	6.63	8.68	5.75	15.57	4.53	7.17	4.89	8.07
Return on Invested Capital (%)	- -	5.59	4.68	4.29	3.86	4.73	3.51	2.84	2.82	2.21	2.19	1.72	1.74	1.71	2.1
Gross Margin (%)	64.19	64.64	63.1	63.21	63.56	64.4	63.6	63.96	62.83	61.21	59.84	57	52.56	54.65	55.39
EBITDA Margin (%)	52.41	54.12	52.77	51.63	47.62	48.38	46.84	58.49	55.82	52.18	50.73	47.74	44.23	45.52	46.08
Operating Margin (%)	29.17	29.41	25.95	23.41	21.27	24.17	22.63	19.53	19.55	17.18	17.16	14.1	13.28	13.63	15.09
Incremental Operating Margin (%)	30.52	30.59	4.19	-4.7	-2.25	37.68	12.21	6.59	19.89	6.22	16.99	-37.12	8.38	37.74	29.62
Pretax Margin (%)	15.25	17.1	21.71	12.91	17.47	20.64	10.75	11.27	19.05	10.27	41.11	8.78	18.73	11.58	22.01
Profit Margin (%)	14.7	16.44	21.22	12.38	16.83	19.89	10.1	10.87	18.07	9.13	38.6	8.05	17.32	10.85	21.41
Net Income to Common Margin (%)	12.31	13.42	18.32	8.21	12.32	15.98	7.3	8.2	15.73	7.17	37.57	7.18	16.58	10.11	20.74
Effective Tax Rate (%)	- -	1.21	0.4	2.51	2.09	2.35	2.99	0.61	1.96	9.49	4	7.66	7.37	8.52	2.38
Dvd Payout Ratio (%)	183.24	182.66	141.43	317.35	206.38	147.46	330.69	315	169.54	397.5	76.64	411.96	162.44	298.54	132.16
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-34,718.16	-12,094.96

Credit (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	2,940	4,279	4,962	4,673	5,899	5,839	8,649	11,101	10,994	14,773	14,960	18,068	18,968	18,009	19,655
ST Debt	275	724	725	526	960	199	551	1,648	234	532	398	2,150	1,812	1,611	899
LT Debt	2,665	3,555	4,237	4,147	4,939	5,639	8,098	9,454	10,760	14,242	14,562	15,917	17,156	16,397	18,756
Total Debt/EBITDA	5.28	6.18	6.34	5.6	7.02	5.63	7.51	6.23	6.14	7.25	6.66	8.07	7.83	7.12	6.98
Net Debt/EBITDA	5.21	6.1	6.27	5.56	6.96	5.62	7.51	6.16	5.6	6.48	5.92	7.35	6.52	5.08	5.31
Total Debt/EBIT	9.49	11.37	12.9	12.35	15.73	11.28	15.55	18.65	17.52	22.03	19.69	27.3	26.07	23.79	21.32
Net Debt/EBIT	9.35	11.23	12.75	12.26	15.58	11.26	15.55	18.44	15.99	19.68	17.51	24.87	21.72	16.97	16.21
EBITDA to Interest Expense	3.73	4.41	4.13	4.37	4.12	4.3	4.45	5.54	5.07	6.12	7.64	7.49	5.53	5.58	6.43
EBITDA-CapEx/Interest Expense	-1.92	4.41	4.13	4.37	4.12	4.3	4.45	5.54	5.07	6.12	7.64	7.49	5.53	5.58	6.43
EBIT to Interest Expense	2.08	2.39	2.03	1.98	1.84	2.15	2.15	1.85	1.78	2.01	2.59	2.21	1.66	1.67	2.11
Interest Expense	149	157	189	191	204	241	259	322	353	333	294	299	438	453	438
Common Equity/Total Assets	-8	-7.43	-8.14	-11.5	-11.81	-12.68	-9.59	-11.07	-13.2	-11.07	-9.98	-11.32	0.01	0.01	0.01
Long-Term Debt/Equity (%)	103.28	101.61	116.2	105.95	108.87	109.88	72.93	86.94	101.04	77.03	78.61	81.12	81.71	70.75	75.49
Long-Term Debt/Capital (%)	86.53	84.11	86.32	88.96	84.04	105.57	94.17	88.06	105.97	113.93	115.74	98.6	79.49	79.68	84.07
Long-Term Debt/Total Assets (%)	43.7	40.31	44.01	43.53	43.26	46.25	37.83	39.78	46.64	39.48	40.04	38.37	38.89	36.21	37.96
Total Debt/Equity (%)	113.94	122.3	136.07	119.39	130.03	113.76	77.89	102.09	103.23	79.91	80.76	92.08	90.34	77.7	79.11
Total Debt/Capital (%)	95.47	101.23	101.08	100.24	100.38	109.3	100.58	103.41	108.27	118.19	118.9	111.92	87.89	87.51	88.1
Total Debt/Total Assets (%)	48.21	48.51	51.54	49.05	51.67	47.89	40.41	46.71	47.66	40.95	41.13	43.55	43	39.77	39.78
Net Debt to Equity	112.37	120.69	134.51	118.5	128.78	113.56	77.89	100.93	94.21	71.38	71.83	83.86	75.25	55.42	60.17
Net Debt/Capital (%)	95.41	101.25	101.09	100.24	100.38	109.31	100.58	103.45	99.68	106.5	106.96	102.84	79.18	76.87	79.27
EBITDA	557	692	782	835	840	1,036	1,151	1,782	1,791	2,037	2,246	2,240	2,422	2,529	2,817
EBITDA-CapEx	-287	692	782	835	840	1,036	1,151	1,782	1,791	2,037	2,246	2,240	2,422	2,529	2,817
Operating Income (Loss)	310	376	385	378	375	518	556	595	627	671	760	662	728	757	922

Liquidity (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	0.05	0.03	0.04	0.03	0.03	0.01	- -	0.04	0.06	0.04	0.05	0.03	0.34	0.84	0.74
Current Ratio	0.24	0.17	0.14	0.23	0.24	0.21	0.22	0.13	0.41	0.27	0.31	0.23	0.7	1.11	1.1
Quick Ratio	0.17	0.14	0.11	0.13	0.13	0.16	0.14	0.13	0.26	0.27	0.31	0.23	0.6	1.11	1.03
CFO/Avg Current Liab	0.76	0.46	0.41	0.44	0.5	0.57	0.62	0.53	0.64	0.82	0.65	0.45	0.34	0.48	0.52
Common Equity/Total Assets	-8	-7.43	-8.14	-11.5	-11.81	-12.68	-9.59	-11.07	-13.2	-11.07	-9.98	-11.32	0.01	0.01	0.01
Long-Term Debt/Equity (%)	103.28	101.61	116.2	105.95	108.87	109.88	72.93	86.94	101.04	77.03	78.61	81.12	81.71	70.75	75.49
Long-Term Debt/Capital (%)	86.53	84.11	86.32	88.96	84.04	105.57	94.17	88.06	105.97	113.93	115.74	98.6	79.49	79.68	84.07
Long-Term Debt/Total Assets (%)	43.7	40.31	44.01	43.53	43.26	46.25	37.83	39.78	46.64	39.48	40.04	38.37	38.89	36.21	37.96
Total Debt/Equity (%)	113.94	122.3	136.07	119.39	130.03	113.76	77.89	102.09	103.23	79.91	80.76	92.08	90.34	77.7	79.11
Total Debt/Capital (%)	95.47	101.23	101.08	100.24	100.38	109.3	100.58	103.41	108.27	118.19	118.9	111.92	87.89	87.51	88.1
Total Debt/Total Assets (%)	48.21	48.51	51.54	49.05	51.67	47.89	40.41	46.71	47.66	40.95	41.13	43.55	43	39.77	39.78
CFO/Total Liabilities	11.4	10.2	10.98	11.69	11.58	12.91	9.93	10.75	12.19	9.7	9.54	7.59	7.07	10.23	9.82
CFO/CapEx	0.48	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.12	- -	- -	0.01	-0.06	0.04	-0.03	-0.13	- -	-0.07	-0.01	-0.14	0.19	0.25	0.26

Working Capital (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	12.95	9.88	10.2	12.52	11.26	11.24	10.24	10.58	10.61	9.76	8.57	7.28	6.44	5.98	6.21
Days Sales Outstanding	28.19	36.94	35.77	29.15	32.43	32.49	35.66	34.5	34.41	37.39	42.61	50.13	56.67	61.04	58.74
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	1.38	0.94	0.84	0.94	1.06	1.06	0.99	1.02	1.2	1.35	1.2	1.18	1.29	1.19	1.17
Accounts Payable Turnover Days	265.07	387.98	436.84	389.32	344.92	342.95	368.24	356.48	305.34	271.35	304.16	308.68	283.64	306.1	311.71
Cash Conversion Cycle	-236.87	-351.05	-401.07	-360.17	-312.49	-310.47	-332.58	-321.98	-270.92	-233.96	-261.55	-258.55	-226.97	-245.06	-252.97
Inventory to Cash Days	28.19	36.94	35.77	29.15	32.43	32.49	35.66	34.5	34.41	37.39	42.61	50.13	56.67	61.04	58.74
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	41	56	57	35	57	11	- -	127	90	109	143	142	1,625	3,871	3,452
+ Preferred Equity and Hybrid Capital	570	573	695	1,048	1,290	1,013	1,250	1,250	1,434	951	732	732	732	732	732
+ Minority/Non Controlling Interest	57	30	36	36	36	36	754	1,015	770	771	519	2,039	1,879	1,835	1,920
+ Total Debt	2,940	4,279	4,962	4,673	5,899	5,839	8,649	11,101	10,994	14,773	14,960	18,068	18,968	18,009	19,655
Enterprise Value	3,527	4,825	5,636	5,722	7,168	6,877	10,652	13,240	13,109	16,387	16,069	20,697	19,953	16,705	18,856
Total Capital	3,080	4,226	4,909	4,662	5,877	5,342	8,599	10,735	10,154	12,500	12,582	16,143	21,582	20,579	22,311
Total Debt/Capital (%)	95.47	101.23	101.08	100.24	100.38	109.3	100.58	103.41	108.27	118.19	118.9	111.92	87.89	87.51	88.1
Total Debt / EV	0.83	0.89	0.88	0.82	0.82	0.85	0.81	0.84	0.84	0.9	0.93	0.87	0.95	1.08	1.04
EV/Sales	3.32	3.77	3.8	3.54	4.07	3.21	4.33	4.35	4.08	4.2	3.63	4.41	3.64	3.01	3.08
EV/EBITDA	6.33	6.97	7.2	6.86	8.54	6.64	9.25	7.43	7.32	8.04	7.15	9.24	8.24	6.61	6.69
EV/EBIT	11.38	12.83	14.65	15.12	19.11	13.28	19.15	22.25	20.89	24.43	21.15	31.28	27.43	22.07	20.45
EV/Cash Flow to Firm	6.41	6.91	6.67	6.79	7.19	6	8.36	7.77	7.05	8.16	8.1	10.69	9.78	6.24	6.64
EV/Free Cash Flow to Firm	2.53	6.91	6.67	6.79	7.19	6	8.36	7.77	7.05	8.16	8.1	10.69	9.78	6.24	6.64
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	3,527	4,825	5,636	5,722	7,168	6,877	10,652	13,240	13,109	16,387	16,069	20,697	19,953	16,705	18,856
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	1,063	1,279	1,482	1,616	1,763	2,142	2,458	3,046	3,209	3,904	4,428	4,692	5,477	5,555	6,113
TTM EBITDA	557	692	782	835	840	1,036	1,151	1,782	1,791	2,037	2,246	2,240	2,422	2,529	2,817
TTM Operating Income	310	376	385	378	375	518	556	595	627	671	760	662	728	757	922
TTM Cash Flow to Firm	550	698	845	842	996	1,147	1,274	1,705	1,860	2,008	1,984	1,936	2,040	2,676	2,840
TTM Free Cash Flow to Firm	1,394	698	845	842	996	1,147	1,274	1,705	1,860	2,008	1,984	1,936	2,040	2,676	2,840

Multiples (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	11.38	12.83	14.65	15.12	19.11	13.28	19.15	22.25	20.89	24.43	21.15	31.28	27.43	22.07	20.45
Enterprise Value	3,527	4,825	5,636	5,722	7,168	6,877	10,652	13,240	13,109	16,387	16,069	20,697	19,953	16,705	18,856
Low Price	- -	- -	- -	- -	- -	- -	24.36	19.98	20.9	18.91	25.4	19.24	19.06	20.62	20.02
EV/Sales	3.32	3.77	3.8	3.54	4.07	3.21	4.33	4.35	4.08	4.2	3.63	4.41	3.64	3.01	3.08
EV/EBITDA	6.33	6.97	7.2	6.86	8.54	6.64	9.25	7.43	7.32	8.04	7.15	9.24	8.24	6.61	6.69
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	3.32	3.77	3.8	3.54	4.07	3.21	4.33	4.35	4.08	4.2	3.63	4.41	3.64	3.01	3.08
EV/Sales High	3.32	3.77	3.8	3.54	4.07	3.21	4.33	4.35	4.08	4.2	3.63	4.41	3.64	3.01	3.08
EV/Sales Low	3.32	3.77	3.8	3.54	4.07	3.21	4.33	4.35	4.08	4.2	3.63	4.41	3.64	3.01	3.08
EV/EBITDA Average	6.33	6.97	7.2	6.86	8.54	6.64	9.25	7.43	7.32	8.04	7.15	9.24	8.24	6.61	6.69
EV/EBITDA High	6.33	6.97	7.2	6.86	8.54	6.64	9.25	7.43	7.32	8.04	7.15	9.24	8.24	6.61	6.69
EV/EBITDA Low	6.33	6.97	7.2	6.86	8.54	6.64	9.25	7.43	7.32	8.04	7.15	9.24	8.24	6.61	6.69
EV/EBIT Average	11.38	12.83	14.65	15.12	19.11	13.28	19.15	22.25	20.89	24.43	21.15	31.28	27.43	22.07	20.45
EV/EBIT High	11.38	12.83	14.65	15.12	19.11	13.28	19.15	22.25	20.89	24.43	21.15	31.28	27.43	22.07	20.45
EV/EBIT Low	11.38	12.83	14.65	15.12	19.11	13.28	19.15	22.25	20.89	24.43	21.15	31.28	27.43	22.07	20.45
Last Price	- -	- -	- -	- -	- -	- -	25.1	20.95	25.77	26.18	26.04	21.02	22.15	22.45	20.71
High Price	- -	- -	- -	- -	- -	- -	25.3	25.12	26.82	27.06	26.94	26.2	24.13	24.63	23.17
Enterprise Value Average	3,527	4,825	5,636	5,722	7,168	6,877	10,652	13,240	13,109	16,387	16,069	20,697	19,953	16,705	18,856
Enterprise Value High	3,527	4,825	5,636	5,722	7,168	6,877	10,652	13,240	13,109	16,387	16,069	20,697	19,953	16,705	18,856
Enterprise Value Low	3,527	4,825	5,636	5,722	7,168	6,877	10,652	13,240	13,109	16,387	16,069	20,697	19,953	16,705	18,856

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	106	125	128	136	146	159	205	206	209	280	284	291	312	337	344
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Digital Realty Trust, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)