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.
DLR
Digital Realty Trust, Inc.
$193.18Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
EQIX
Equinix, Inc.
$1,034.86Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — DLR vs EQIX
growth of $100 · dividends reinvested · last 22yDLR +3753.5%EQIX +3464.4%DLR compounded faster
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
| Metric | DLR | EQIX |
|---|---|---|
| P/E ratio | 227.63 | 72.44 |
| Forward P/E | 77.24 | 60.62 |
| P/S ratio | 9.82 | 10.93 |
| P/B ratio | 2.70 | 7.23 |
| PEG ratio | 0.36 | 0.90 |
| EV / EBITDA | 27.63 | 30.57 |
Profitability
| Metric | DLR | EQIX |
|---|---|---|
| Gross margin | 55.39% | 51.26% |
| Operating margin | 10.77% | 20.80% |
| Net margin | 6.72% | 15.03% |
| ROE | 5.71% | 9.95% |
| ROIC | N/A | 4.86% |
Dividends
| Metric | DLR | EQIX |
|---|---|---|
| Dividend yield | 2.49% | 1.88% |
| Payout ratio | 130.83% | 142.86% |
Growth (annualized)
| Metric | DLR | EQIX |
|---|---|---|
| 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.
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 July 28, 2026.