Digital Realty Trust, Inc. (DLR) vs Welltower Inc. (WELL)
DLR leads on 10 of 14 compared metrics.
A side-by-side comparison of Digital Realty Trust, Inc. and Welltower 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).
Total return — DLR vs WELL
growth of $100 · last 22yDLR +1435.0%WELL +489.8%DLR compounded faster
DLR WELL
DLR vs WELL: by the numbers
- •WELL is the larger company ($151.23B vs $64.73B market cap).
- •DLR trades at the lower earnings multiple (48.47 vs 106.58 P/E).
- •DLR converts more revenue to profit (21.47% vs 12.15% net margin).
- •WELL grew revenue faster over the past five years (21.49% vs 9.00% CAGR).
- •DLR pays the higher dividend yield (2.65% vs 1.38%).
Which is better, DLR or WELL?
Metric tally: DLR 10 · WELL 4It depends on what you're optimizing for:
ValueDLR(lower P/E)
GrowthWELL(faster 5Y revenue CAGR)
IncomeDLR(higher dividend yield)
QualityDLR(higher ROIC)
Metrics side by side
Valuation
| Metric | DLR | WELL |
|---|---|---|
| P/E ratio | 48.47● | 106.58 |
| Forward P/E | 81.80 | 73.96● |
| P/S ratio | 10.14● | 13.43 |
| P/B ratio | 2.78● | 3.55 |
| PEG ratio | 0.36 | — |
| EV / EBITDA | 20.84● | 64.79 |
Profitability
| Metric | DLR | WELL |
|---|---|---|
| Gross margin | 25.12% | 38.87%● |
| Operating margin | 14.61%● | 4.62% |
| Net margin | 21.47%● | 12.15% |
| ROE | 5.90%● | 3.21% |
| ROIC | 1.30%● | 0.54% |
Dividends
| Metric | DLR | WELL |
|---|---|---|
| Dividend yield | 2.65%● | 1.38% |
| Payout ratio | 130.83% | 209.93% |
Growth (annualized)
| Metric | DLR | WELL |
|---|---|---|
| Revenue CAGR (5Y) | 9.00% | 21.49%● |
| EPS CAGR (5Y) | 29.87%● | -9.79% |
| Total return CAGR (5Y) | 6.16% | 24.90%● |
Frequently asked
- Which is better, DLR or WELL?
- It depends on your goal. value: DLR (lower P/E); growth: WELL (faster 5Y revenue CAGR); income: DLR (higher dividend yield); quality: DLR (higher ROIC). Across all compared metrics, DLR leads 10 to 4.
- Is DLR or WELL cheaper?
- On trailing earnings, DLR is cheaper: DLR trades at a 48.47 P/E and WELL at 106.58.
- Which has grown faster, DLR or WELL?
- Over the past five years, WELL grew revenue faster — DLR at a 9.00% CAGR versus WELL at 21.49%.
- Does DLR or WELL pay a bigger dividend?
- DLR yields 2.65% and WELL yields 1.38% based on trailing dividends and the latest price.
- Is DLR or WELL more profitable?
- DLR runs the higher net margin — DLR at 21.47% versus WELL at 12.15%.
- Which has been the better investment, DLR or WELL?
- Over the past 10-year, WELL delivered the higher annualized total return — DLR at 9.78% versus WELL at 15.57%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Digital Realty Trust P/E ratioWelltower P/E ratioDigital Realty Trust dividend yieldWelltower dividend yieldDigital Realty Trust ROEWelltower ROEDigital Realty Trust operating marginWelltower operating marginDigital Realty Trust revenue growthWelltower revenue growthDigital Realty Trust free cash flowWelltower free cash flow
Digital Realty Trust & Welltower 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 June 15, 2026.