Digital Realty Trust, Inc. (DLR) vs Prologis, Inc. (PLD)

A side-by-side comparison of Digital Realty Trust, Inc. and Prologis, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnDLR vs PLD

growth of $100 · dividends reinvested · last 22y
DLR +3599.6%PLD +715.8%DLR compounded faster
01k2k3k4kStart $10020082012201620202024$3,700$816
DLR PLD

DLR vs PLD: by the numbers

  • PLD is the larger company ($134.83B vs $69.75B market cap).
  • PLD trades at the lower trailing earnings multiple (32.21 vs 91.07 P/E), one valuation lens rather than an overall verdict.
  • PLD converts more revenue to profit (45.79% vs 11.67% net margin).
  • PLD grew revenue faster over the past five years (15.39% vs 9.91% CAGR).
  • PLD pays the higher dividend yield (2.88% vs 2.59%).

Metrics side by side

Valuation

MetricDLRPLD
P/E ratio91.0732.21
Forward P/E72.9939.69
P/S ratio9.9515.07
P/B ratio2.482.58
PEG ratio0.362.55
EV / EBITDA26.7427.63

Profitability

MetricDLRPLD
Gross margin55.39%59.60%
Operating margin17.87%38.43%
Net margin11.67%45.79%
ROE2.91%7.83%
ROIC2.54%3.75%

Dividends

MetricDLRPLD
Dividend yield2.59%2.88%
Payout ratio130.83%116.53%

Growth (annualized)

MetricDLRPLD
Revenue CAGR (5Y)9.91%15.39%
EPS CAGR (5Y)29.87%12.63%
Total return CAGR (5Y)7.73%5.47%

Frequently asked

Which has the lower trailing P/E, DLR or PLD?
PLD has the lower trailing P/E: DLR trades at 91.07 and PLD at 32.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DLR or PLD?
Over the past five years, PLD grew revenue faster — DLR at a 9.91% CAGR versus PLD at 15.39%.
Does DLR or PLD pay a bigger dividend?
DLR yields 2.59% and PLD yields 2.88% based on trailing dividends and the latest price.
Is DLR or PLD more profitable?
PLD runs the higher net margin — DLR at 11.67% versus PLD at 45.79%.
How have DLR and PLD total returns compared?
Over the past 10 years, DLR delivered 9.78% and PLD delivered 13.41% 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 August 1, 2026.