Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 8.42% is 82% below its 5-year average of 47.88%, near the low end of its 5-year range (-3.80%–60.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 63.02% below its 12-month average of 22.78%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
8.42%
GROSS MARGIN AVG TTM
22.78%
GROSS MARGIN AVG 3Y
54.27%
GROSS MARGIN AVG 5Y
55.68%
GROSS MARGIN AVG 10Y
59.64%
GROSS MARGIN AVG 15Y
61.15%
GROSS MARGIN AVG 20Y
62.36%
CURRENT VS TTM AVG
-63.02%
CURRENT VS 3Y AVG
-84.48%
CURRENT VS 5Y AVG
-84.87%
CURRENT VS 10Y AVG
-85.88%
CURRENT VS 15Y AVG
-86.22%
CURRENT VS 20Y AVG
-86.49%
SECTOR MEDIAN · REAL ESTATE
40.22%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-79.06%
vs the sector median at left
Digital Realty Trust, Inc.
Market Cap
$69.75B
Gross Margin
8.42%
TTM Avg
22.78%
3Y Avg
54.27%
5Y Avg
55.68%
Market Cap
$74.38B
Gross Margin
85.24%
TTM Avg
84.11%
3Y Avg
82.78%
5Y Avg
82.15%
Market Cap
$59.56B
Gross Margin
89.80%
TTM Avg
91.32%
3Y Avg
92.03%
5Y Avg
92.56%
Market Cap
$80.78B
Gross Margin
73.19%
TTM Avg
74.13%
3Y Avg
74.01%
5Y Avg
73.28%
Market Cap
$36.39B
Gross Margin
25.69%
TTM Avg
40.92%
3Y Avg
48.98%
5Y Avg
51.92%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Digital Realty Trust, Inc. (DLR) | $69.75B | 8.42% | 22.78% | 54.27% | 55.68% |
| Simon Property Group, Inc. (SPG)vs › | $74.38B | 85.24% | 84.11% | 82.78% | 82.15% |
| Public Storage (PSA)vs › | $60.45B | 24.96% | 49.08% | 61.90% | 65.14% |
| Realty Income Corporation (O)vs › | $59.56B | 89.80% | 91.32% | 92.03% | 92.56% |
| American Tower Corporation (AMT)vs › | $80.78B | 73.19% | 74.13% | 74.01% | 73.28% |
| Ventas, Inc. (VTR)vs › | $45.46B | -5.90% | 18.35% | 31.12% | 36.46% |
| CBRE Group, Inc. (CBRE)vs › | $42.51B | 17.66% | 17.30% | 18.95% | 19.71% |
| Equinix, Inc. (EQIX)vs › | $100.57B | 51.60% | 50.13% | 49.24% | 48.90% |
| Iron Mountain Incorporated (IRM)vs › | $36.39B | 25.69% | 40.92% | 48.98% | 51.92% |
| Crown Castle Inc. (CCI)vs › | $33.34B | 63.19% | 68.97% | 70.00% | 69.14% |
Gross Margin
8.4%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 8.42% |
| 2026-03-31 | -3.80% |
| 2025-12-31 | -1.41% |
| 2025-09-30 | 54.97% |
| 2025-06-30 | 55.70% |
| 2025-03-31 | 57.00% |
| 2024-12-31 | 53.85% |
| 2024-09-30 | 54.14% |
| 2024-06-30 | 55.24% |
| 2024-03-31 | 55.47% |
| 2023-12-31 | 52.75% |
| 2023-09-30 | 51.22% |
| 2023-06-30 | 52.37% |
| 2023-03-31 | 53.99% |
| 2022-12-31 | 56.40% |
| 2022-09-30 | 56.25% |
| 2022-06-30 | 58.52% |
| 2022-03-31 | 56.91% |
| 2021-12-31 | 58.12% |
| 2021-09-30 | 58.79% |
| 2021-06-30 | 60.51% |
| 2021-03-31 | 62.01% |
| 2020-12-31 | 60.45% |
| 2020-09-30 | 60.83% |
| 2020-06-30 | 61.62% |
| 2020-03-31 | 62.18% |
| 2019-12-31 | 61.93% |
| 2019-09-30 | 62.70% |
| 2019-06-30 | 62.92% |
| 2019-03-31 | 63.75% |
| 2018-12-31 | 63.09% |
| 2018-09-30 | 63.13% |
| 2018-06-30 | 65.53% |
| 2018-03-31 | 64.45% |
| 2017-12-31 | 64.20% |
| 2017-09-30 | 63.50% |
| 2017-06-30 | 64.16% |
| 2017-03-31 | 64.35% |
| 2016-12-31 | 65.96% |
| 2016-09-30 | 63.79% |
| 2016-06-30 | 63.69% |
| 2016-03-31 | 64.00% |
| 2015-12-31 | 63.29% |
| 2015-09-30 | 63.19% |
| 2015-06-30 | 64.21% |
| 2015-03-31 | 63.64% |
| 2014-12-31 | 63.46% |
| 2014-09-30 | 61.99% |
| 2014-06-30 | 63.28% |
| 2014-03-31 | 64.15% |
| 2013-12-31 | 63.96% |
| 2013-09-30 | 59.06% |
| 2013-06-30 | 65.23% |
| 2013-03-31 | 64.59% |
| 2012-12-31 | 63.98% |
| 2012-09-30 | 63.42% |
| 2012-06-30 | 65.78% |
| 2012-03-31 | 66.07% |
| 2011-12-31 | 65.43% |
| 2011-09-30 | 62.48% |
| 2011-06-30 | 68.82% |
| 2011-03-31 | 70.70% |
| 2010-12-31 | 68.62% |
| 2010-09-30 | 62.87% |
| 2010-06-30 | 72.45% |
| 2010-03-31 | 72.24% |
| 2009-12-31 | 67.94% |
| 2009-09-30 | 66.57% |
| 2009-06-30 | 66.81% |
| 2009-03-31 | 65.28% |
| 2008-12-31 | 66.33% |
| 2008-09-30 | 65.82% |
| 2008-06-30 | 64.08% |
| 2008-03-31 | 65.25% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 63.36% |
| 2007-06-30 | 67.35% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 96.56% |
| 2006-06-30 | 96.18% |
| 2006-03-31 | 93.67% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 96.93% |
| 2005-06-30 | 96.77% |
| 2005-03-31 | 99.67% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 81.82% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 83.48% |
| 2003-09-30 | 85.93% |
