Digital Realty Trust, Inc. (DLR) vs Equinix, Inc. (EQIX)

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 July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnDLR vs EQIX

growth of $100 · dividends reinvested · last 22y
DLR +3753.5%EQIX +3464.4%DLR compounded faster
01k2k3k4kStart $10020082012201620202024$3,854$3,564
DLR EQIX

DLR vs EQIX: by the numbers

  • EQIX is the larger company ($102.06B vs $71.47B market cap).
  • EQIX trades at the lower trailing earnings multiple (72.44 vs 227.63 P/E), one valuation lens rather than an overall verdict.
  • EQIX converts more revenue to profit (15.03% vs 6.72% net margin).
  • EQIX grew revenue faster over the past five years (8.99% vs 4.95% CAGR).
  • DLR pays the higher dividend yield (2.49% vs 1.88%).

Metrics side by side

Valuation

MetricDLREQIX
P/E ratio227.6372.44
Forward P/E77.2460.62
P/S ratio9.8210.93
P/B ratio2.707.23
PEG ratio0.360.90
EV / EBITDA27.6330.57

Profitability

MetricDLREQIX
Gross margin55.39%51.26%
Operating margin10.77%20.80%
Net margin6.72%15.03%
ROE5.71%9.95%
ROICN/A4.86%

Dividends

MetricDLREQIX
Dividend yield2.49%1.88%
Payout ratio130.83%142.86%

Growth (annualized)

MetricDLREQIX
Revenue CAGR (5Y)4.95%8.99%
EPS CAGR (5Y)29.87%26.73%
Total return CAGR (5Y)8.61%6.61%

Frequently asked

Which has the lower trailing P/E, DLR or EQIX?
EQIX has the lower trailing P/E: DLR trades at 227.63 and EQIX at 72.44. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DLR or EQIX?
Over the past five years, EQIX grew revenue faster — DLR at a 4.95% CAGR versus EQIX at 8.99%.
Does DLR or EQIX pay a bigger dividend?
DLR yields 2.49% and EQIX yields 1.88% based on trailing dividends and the latest price.
Is DLR or EQIX more profitable?
EQIX runs the higher net margin — DLR at 6.72% versus EQIX at 15.03%.
How have DLR and EQIX total returns compared?
Over the past 10 years, DLR delivered 9.90% and EQIX delivered 12.79% annualized total return. 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 July 28, 2026.