DLR (Digital Realty Trust) EBITDA per Share: $10.95 (TTM As of Mar. 2026)


DLR Digital Realty Trust Inc DLR
86 GF Score
Price $193.02
GF Value $166.67
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Digital Realty Trust EBITDA per Share?

Digital Realty Trust DLR -1.02% 86 EBITDA per Share is $10.95 as of Mar. 2026. GuruFocus rates DLR with a GF Score™ of 86/100 and a GF Value™ of $166.67 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 626 REITs companies, Digital Realty Trust ranks better than 71.57% on this metric.

Digital Realty Trust's EBITDA per Share for the three months ended in Mar. 2026 was $2.28. Its EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $10.95.

During the past 12 months, the average EBITDA per Share Growth Rate of Digital Realty Trust was 37.70% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 11.20% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 1.50% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Digital Realty Trust's EBITDA per Share or its related term are showing as below:

DLR' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -12   Med: 6   Max: 94.9
Current: 11.2

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Digital Realty Trust was 94.90% per year. The lowest was -12.00% per year. And the median was 6.00% per year.

DLR's 3-Year EBITDA Growth Rate is ranked better than
71.57% of 626 companies
in the REITs industry
Industry Median: 2.8 vs DLR: 11.20

Digital Realty Trust's EBITDA for the three months ended in Mar. 2026 was $807 Mil.

During the past 12 months, the average EBITDA Growth Rate of Digital Realty Trust was 42.40% per year. During the past 3 years, the average EBITDA Growth Rate was 17.10% per year. During the past 5 years, the average EBITDA Growth Rate was 7.20% per year. During the past 10 years, the average EBITDA Growth Rate was 12.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Digital Realty Trust was 107.70% per year. The lowest was -7.30% per year. And the median was 19.60% per year.


Digital Realty Trust  (NYSE:DLR) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Digital Realty Trust EBITDA per Share Related Terms


Digital Realty Trust EBITDA per Share Historical Data

* Premium members only.

The historical data trend for Digital Realty Trust's EBITDA per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Digital Realty Trust EBITDA per Share Chart

Digital Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.71 7.68 10.22 8.65 10.57

Digital Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.93 4.72 1.96 1.98 2.28
DLR
86GF Score
Digital Realty Trust Inc DLR
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Digital Realty Trust EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Digital Realty Trust's EBITDA per Share for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA per Share(A: Dec. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=3677.788/347.810
=10.57

Digital Realty Trust's EBITDA per Share for the quarter that ended in Mar. 2026 is calculated as

EBITDA per Share(Q: Mar. 2026 )
=EBITDA/Shares Outstanding (Diluted Average)
=806.707/353.254
=2.28

EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA per Share →
What does a EBITDA per Share of $10.95 mean?
Digital Realty Trust (DLR) has a EBITDA per Share of $10.95 as of Mar. 2026. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Digital Realty Trust and its competitors. According to the industry distribution chart, Digital Realty Trust ranks #178 out of 626 companies in the REITs industry, placing it in the top 28.4%.
Is Digital Realty Trust's EBITDA per Share too high?
Digital Realty Trust's current EBITDA per Share is $10.95. The REITs industry median EBITDA per Share is 2.80. Digital Realty Trust's value of $10.95 is 291.1% above this industry median. Based on the distribution chart, Digital Realty Trust ranks #178 out of 626 companies in the REITs industry, which is above the industry midpoint. Overall, Digital Realty Trust has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Realty Trust's EBITDA per Share compare to AMT and CCI?
According to the REITs industry distribution chart, Digital Realty Trust ranks #178 out of 626 companies for EBITDA per Share. This puts Digital Realty Trust in the upper half of its industry. The industry median EBITDA per Share is 2.80. Digital Realty Trust's value of $10.95 is 291.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA per Share for a REITs company?
The median EBITDA per Share among REITs companies is 2.80, based on 626 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA per Share significantly above this median, while those in the bottom quartile fall well below. However, EBITDA per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Digital Realty Trust's current EBITDA per Share of $10.95 is 291.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA per Share mean?
A high EBITDA per Share can signal that a stock is expensive relative to its fundamentals. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Digital Realty Trust and its competitors. For the REITs industry, the median EBITDA per Share is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Realty Trust's current EBITDA per Share is $10.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Digital Realty Trust (DLR) is currently considered Modestly Overvalued. The stock's GF Value™ is $166.67, compared to a current price of $193.02 — trading 15.8% above its estimated fair value. The current EBITDA per Share is $10.95 and 291.1% above the REITs industry median of 2.80. Digital Realty Trust's overall GF Score™ is 86/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA per Share calculated?
EBITDA per Share is calculated from a company's financial statements. For Digital Realty Trust (DLR), the current EBITDA per Share is $10.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Digital Realty Trust (DLR) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Realty Trust stock appears to be overvalued. The current stock price of $193.02 is trading 15.8% above its estimated GF Value™ of $166.67. GuruFocus considers Digital Realty Trust to be Modestly Overvalued.

Key valuation signals for DLR:

  • EBITDA per Share: $10.95
  • GF Value™: $166.67 vs. price of $193.02 (15.8% above fair value)
  • GF Score™: 86/100 with 11 warning signs
  • Industry Position: 291.1% above the REITs median (#178 of 626)

No single metric tells the full story. See the DLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Realty Trust Business Description

Industry Real EstateREITs
Address 2323 Bryan Street, Suite 1800, Dallas, TX, USA, 75201
Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).
86GF Score

Get the complete analysis for DLR

EBITDA per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$193.02
Price
$166.67
GF Value