Digital Realty Trust, Inc. (DLR) vs Equinix, Inc. (EQIX)
DLR leads on 9 of 16 compared metrics.
A side-by-side comparison of Digital Realty Trust, Inc. and Equinix, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — DLR vs EQIX
growth of $100 · last 22yDLR +1435.0%EQIX +2701.4%EQIX compounded faster
DLR EQIX
DLR vs EQIX: by the numbers
- •EQIX is the larger company ($104.13B vs $64.73B market cap).
- •DLR trades at the lower earnings multiple (48.47 vs 73.07 P/E).
- •DLR converts more revenue to profit (21.47% vs 15.03% net margin).
- •DLR pays the higher dividend yield (1.99% vs 1.87%).
Which is better, DLR or EQIX?
Metric tally: DLR 9 · EQIX 7It depends on what you're optimizing for:
ValueDLR(lower P/E)
IncomeDLR(higher dividend yield)
QualityEQIX(higher ROIC)
Valuation
| Metric | DLR | EQIX |
|---|---|---|
| P/E ratio | 48.47● | 73.07 |
| Forward P/E | 81.80 | 56.04● |
| P/S ratio | 10.14● | 11.02 |
| P/B ratio | 2.78● | 7.29 |
| PEG ratio | 0.36● | 0.90 |
| EV / EBITDA | 20.84● | 29.34 |
| FCF yield | 1.77%● | 0.85% |
Profitability
| Metric | DLR | EQIX |
|---|---|---|
| Gross margin | 25.12% | 51.26%● |
| Operating margin | 14.61% | 20.80%● |
| Net margin | 21.47%● | 15.03% |
| ROE | 5.90% | 9.95%● |
| ROIC | 1.30% | 4.36%● |
Dividends
| Metric | DLR | EQIX |
|---|---|---|
| Dividend yield | 1.99%● | 1.87% |
| Payout ratio | 98.12% | 142.86% |
Growth (annualized)
| Metric | DLR | EQIX |
|---|---|---|
| Revenue CAGR (5Y) | 9.00% | 8.99% |
| EPS CAGR (5Y) | 29.87%● | 26.73% |
| FCF CAGR (5Y) | -2.35% | 94.19%● |
| Total return CAGR (5Y) | 6.16% | 7.37%● |
Frequently asked
- Which is better, DLR or EQIX?
- It depends on your goal. value: DLR (lower P/E); income: DLR (higher dividend yield); quality: EQIX (higher ROIC). Across all compared metrics, DLR leads 9 to 7.
- Is DLR or EQIX cheaper?
- On trailing earnings, DLR is cheaper: DLR trades at a 48.47 P/E and EQIX at 73.07.
- Which has grown faster, DLR or EQIX?
- Over the past five years, DLR grew revenue faster — DLR at a 9.00% CAGR versus EQIX at 8.99%.
- Does DLR or EQIX pay a bigger dividend?
- DLR yields 1.99% and EQIX yields 1.87% based on trailing dividends and the latest price.
- Is DLR or EQIX more profitable?
- DLR runs the higher net margin — DLR at 21.47% versus EQIX at 15.03%.
- Which has been the better investment, DLR or EQIX?
- Over the past 10-year, EQIX delivered the higher annualized total return — DLR at 9.78% versus EQIX at 13.20%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Digital Realty Trust P/E ratioEquinix P/E ratioDigital Realty Trust dividend yieldEquinix dividend yieldDigital Realty Trust ROEEquinix ROEDigital Realty Trust operating marginEquinix operating marginDigital Realty Trust revenue growthEquinix revenue growthDigital Realty Trust free cash flowEquinix free cash flow
Digital Realty Trust & Equinix appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.