Digital Realty TrustDLR -1.02%86 Net Margin % is 10.96% as of Mar. 2026, which is 22% below its 10-year median of 14.10. 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 928 REITs companies, Digital Realty Trust ranks worse than 68.97% on this metric.
The historical rank and industry rank for Digital Realty Trust's Net Margin % or its related term are showing as below:
DLR'
s Net Margin % Range Over the Past 10 Years
Min: 8.05 Med: 14.1 Max: 38.6
Current: 21.73
DLR's Net Margin % is ranked worse than 68.97% of 928
companies
in the REITs industry
Industry Median: 45.23
vs DLR: 21.73
Digital Realty Trust (NYSE:DLR) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Digital Realty Trust Net Margin % Related Terms
Digital Realty Trust Net Margin % Historical Data
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The historical data trend for Digital Realty Trust's Net Margin % 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.
For the REIT - Specialty subindustry, Digital Realty Trust's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Digital Realty Trust Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Digital Realty Trust's Net Margin % distribution charts can be found below:
* The bar in red indicates where Digital Realty Trust's Net Margin % falls into.
* 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 (DLR) has a Net Margin % of 10.96% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Digital Realty Trust and its competitors. This is 22% below median its historical median of 14.10. Over the past decade, Digital Realty Trust's Net Margin % has ranged from 8.05 to 38.60. According to the industry distribution chart, Digital Realty Trust ranks #640 out of 928 companies in the REITs industry, placing it in the top 69%.
Is Digital Realty Trust's Net Margin % too high?
Digital Realty Trust's current Net Margin % of 10.96% is 22% below median its 10-year median of 14.10. Over the past 10 years, this metric has ranged from a low of 8.05 to a high of 38.60. The REITs industry median Net Margin % is 45.23. Digital Realty Trust's value of 10.96% is 75.8% below this industry median. Based on the distribution chart, Digital Realty Trust ranks #640 out of 928 companies in the REITs industry, which is below 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 Net Margin % compare to AMT and CCI?
According to the REITs industry distribution chart, Digital Realty Trust ranks #640 out of 928 companies for Net Margin %. This places Digital Realty Trust in the lower half of its industry. The industry median Net Margin % is 45.23. Digital Realty Trust's value of 10.96% is 75.8% below this benchmark. Historically, Digital Realty Trust's own Net Margin % has ranged from 8.05 to 38.60 over the past decade. While the company's 10-year median is 14.10 vs. the industry median of 45.23, Digital Realty Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Digital Realty Trust's current Net Margin % of 10.96% is 75.8% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Digital Realty Trust and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Realty Trust's current Net Margin % is 10.96%, which is 22% below median its own 10-year median of 14.10. 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 Net Margin % is 10.96%, which is 22% below median its 10-year median of 14.10 and 75.8% below the REITs industry median of 45.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Digital Realty Trust (DLR), the current Net Margin % is 10.96% 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:
Net Margin %: 10.96% (22% below median its 10-year median of 14.10)
GF Value™: $166.67 vs. price of $193.02 (15.8% above fair value)
Industry Position: 75.8% below the REITs median (#640 of 928)
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 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
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