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

PLD leads on 11 of 15 compared metrics.

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 June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — DLR vs PLD

growth of $100 · last 22y
DLR +1435.0%PLD +295.8%DLR compounded faster
05001k2kStart $10020082012201620202024$1,535$396
DLR PLD

DLR vs PLD: by the numbers

  • PLD is the larger company ($138.68B vs $64.73B market cap).
  • PLD trades at the lower earnings multiple (37.56 vs 48.47 P/E).
  • PLD converts more revenue to profit (41.54% vs 21.47% net margin).
  • PLD grew revenue faster over the past five years (14.19% vs 9.00% CAGR).
  • PLD pays the higher dividend yield (2.76% vs 2.65%).

Which is better, DLR or PLD?

Metric tally: DLR 4 · PLD 11

It depends on what you're optimizing for:

ValuePLD(lower P/E)
GrowthPLD(faster 5Y revenue CAGR)
IncomePLD(higher dividend yield)
QualityPLD(higher ROIC)

Metrics side by side

Valuation

MetricDLRPLD
P/E ratio48.4737.56
Forward P/E81.8040.57
P/S ratio10.1415.92
P/B ratio2.782.66
PEG ratio0.362.97
EV / EBITDA20.8422.86

Profitability

MetricDLRPLD
Gross margin25.12%43.37%
Operating margin14.61%38.94%
Net margin21.47%41.54%
ROE5.90%6.95%
ROIC1.30%3.60%

Dividends

MetricDLRPLD
Dividend yield2.65%2.76%
Payout ratio130.83%114.85%

Growth (annualized)

MetricDLRPLD
Revenue CAGR (5Y)9.00%14.19%
EPS CAGR (5Y)29.87%12.63%
Total return CAGR (5Y)6.16%6.58%

Frequently asked

Which is better, DLR or PLD?
It depends on your goal. value: PLD (lower P/E); growth: PLD (faster 5Y revenue CAGR); income: PLD (higher dividend yield); quality: PLD (higher ROIC). Across all compared metrics, PLD leads 11 to 4.
Is DLR or PLD cheaper?
On trailing earnings, PLD is cheaper: DLR trades at a 48.47 P/E and PLD at 37.56.
Which has grown faster, DLR or PLD?
Over the past five years, PLD grew revenue faster — DLR at a 9.00% CAGR versus PLD at 14.19%.
Does DLR or PLD pay a bigger dividend?
DLR yields 2.65% and PLD yields 2.76% based on trailing dividends and the latest price.
Is DLR or PLD more profitable?
PLD runs the higher net margin — DLR at 21.47% versus PLD at 41.54%.
Which has been the better investment, DLR or PLD?
Over the past 10-year, PLD delivered the higher annualized total return — DLR at 9.78% versus PLD at 14.65%. 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 15, 2026.