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 22y
DLR +1435.0%EQIX +2701.4%EQIX compounded faster
01k2k3kStart $10020082012201620202024$1,535$2,801
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 7

It depends on what you're optimizing for:

ValueDLR(lower P/E)
IncomeDLR(higher dividend yield)
QualityEQIX(higher ROIC)

Valuation

MetricDLREQIX
P/E ratio48.4773.07
Forward P/E81.8056.04
P/S ratio10.1411.02
P/B ratio2.787.29
PEG ratio0.360.90
EV / EBITDA20.8429.34
FCF yield1.77%0.85%

Profitability

MetricDLREQIX
Gross margin25.12%51.26%
Operating margin14.61%20.80%
Net margin21.47%15.03%
ROE5.90%9.95%
ROIC1.30%4.36%

Dividends

MetricDLREQIX
Dividend yield1.99%1.87%
Payout ratio98.12%142.86%

Growth (annualized)

MetricDLREQIX
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.

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.