Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 58.70% is 313% above its 5-year average of 14.21%, near the high end of its 5-year range (0.73%–58.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 151.39% above its 12-month average of 23.35%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
58.70%
OPERATING MARGIN AVG TTM
23.35%
OPERATING MARGIN AVG 3Y
11.84%
OPERATING MARGIN AVG 5Y
12.58%
OPERATING MARGIN AVG 10Y
15.48%
OPERATING MARGIN AVG 15Y
18.16%
OPERATING MARGIN AVG 20Y
20.08%
CURRENT VS TTM AVG
+151.39%
CURRENT VS 3Y AVG
+395.68%
CURRENT VS 5Y AVG
+366.46%
CURRENT VS 10Y AVG
+279.08%
CURRENT VS 15Y AVG
+223.13%
CURRENT VS 20Y AVG
+192.29%
SECTOR MEDIAN · REAL ESTATE
30.22%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+94.23%
vs the sector median at left
Digital Realty Trust, Inc.
Market Cap
$73.65B
Operating Margin
58.70%
TTM Avg
23.35%
3Y Avg
11.84%
5Y Avg
12.58%
Market Cap
$74.51B
Operating Margin
48.28%
TTM Avg
50.88%
3Y Avg
50.05%
5Y Avg
48.36%
Market Cap
$77.65B
Operating Margin
44.24%
TTM Avg
45.23%
3Y Avg
37.52%
5Y Avg
36.57%
Market Cap
$61.17B
Operating Margin
29.27%
TTM Avg
36.16%
3Y Avg
38.42%
5Y Avg
41.26%
Market Cap
$106.93B
Operating Margin
20.80%
TTM Avg
17.57%
3Y Avg
17.32%
5Y Avg
17.25%
Market Cap
$38.18B
Operating Margin
18.01%
TTM Avg
18.39%
3Y Avg
18.54%
5Y Avg
19.29%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Digital Realty Trust, Inc. (DLR) | $73.65B | 58.70% | 23.35% | 11.84% | 12.58% |
| Simon Property Group, Inc. (SPG)vs › | $74.51B | 48.28% | 50.88% | 50.05% | 48.36% |
| American Tower Corporation (AMT)vs › | $77.65B | 44.24% | 45.23% | 37.52% | 36.57% |
| Realty Income Corporation (O)vs › | $61.17B | 29.27% | 36.16% | 38.42% | 41.26% |
| Public Storage (PSA)vs › | $56.62B | 50.85% | 46.80% | 49.20% | 49.19% |
| Ventas, Inc. (VTR)vs › | $48.87B | 13.38% | 14.00% | 12.24% | 12.59% |
| CBRE Group, Inc. (CBRE)vs › | $40.84B | 3.76% | 3.57% | 3.89% | 4.25% |
| Equinix, Inc. (EQIX)vs › | $106.93B | 20.80% | 17.57% | 17.32% | 17.25% |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 18.01% | 18.39% | 18.54% | 19.29% |
| Crown Castle Inc. (CCI)vs › | $32.73B | 47.74% | 2.01% | 18.16% | 22.69% |
Gross Margin
55.4%
Operating Margin
58.7%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 58.70% |
| 2026-03-31 | 17.28% |
| 2025-12-31 | 17.81% |
| 2025-09-30 | 8.78% |
| 2025-06-30 | 14.18% |
| 2025-03-31 | 13.91% |
| 2024-12-31 | 10.05% |
| 2024-09-30 | 11.76% |
| 2024-06-30 | 0.73% |
| 2024-03-31 | 11.22% |
| 2023-12-31 | 9.79% |
| 2023-09-30 | 4.15% |
| 2023-06-30 | 11.33% |
| 2023-03-31 | 13.25% |
| 2022-12-31 | 9.81% |
| 2022-09-30 | 13.20% |
| 2022-06-30 | 14.95% |
| 2022-03-31 | 12.53% |
| 2021-12-31 | 11.83% |
| 2021-09-30 | 16.27% |
| 2021-06-30 | 16.98% |
| 2021-03-31 | 17.66% |
| 2020-12-31 | 15.08% |
| 2020-09-30 | 14.09% |
| 2020-06-30 | 15.39% |
| 2020-03-31 | 12.15% |
| 2019-12-31 | 17.64% |
| 2019-09-30 | 20.43% |
| 2019-06-30 | 18.60% |
| 2019-03-31 | 17.38% |
| 2018-12-31 | 15.78% |
| 2018-09-30 | 18.09% |
| 2018-06-30 | 19.08% |
| 2018-03-31 | 19.32% |
| 2017-12-31 | 16.02% |
| 2017-09-30 | 10.85% |
| 2017-06-30 | 23.08% |
| 2017-03-31 | 24.93% |
| 2016-12-31 | 26.20% |
| 2016-09-30 | 21.19% |
| 2016-06-30 | 21.81% |
| 2016-03-31 | 23.43% |
| 2015-12-31 | 8.27% |
| 2015-09-30 | 23.88% |
| 2015-06-30 | 25.47% |
| 2015-03-31 | 36.72% |
| 2014-12-31 | -1.50% |
| 2014-09-30 | 19.98% |
| 2014-06-30 | 23.03% |
| 2014-03-31 | 23.04% |
| 2013-12-31 | 25.74% |
| 2013-09-30 | 22.45% |
| 2013-06-30 | 27.51% |
| 2013-03-31 | 27.51% |
| 2012-12-31 | 27.06% |
| 2012-09-30 | 28.34% |
| 2012-06-30 | 29.12% |
| 2012-03-31 | 30.34% |
| 2011-12-31 | 30.04% |
| 2011-09-30 | 26.19% |
| 2011-06-30 | 28.64% |
| 2011-03-31 | 29.78% |
| 2010-12-31 | 30.40% |
| 2010-09-30 | 25.43% |
| 2010-06-30 | 27.42% |
| 2010-03-31 | 28.78% |
| 2009-12-31 | 29.50% |
| 2009-09-30 | 27.97% |
| 2009-06-30 | 27.64% |
| 2009-03-31 | 26.29% |
| 2008-12-31 | 27.51% |
| 2008-09-30 | 23.70% |
| 2008-06-30 | 23.30% |
| 2008-03-31 | 22.08% |
| 2007-12-31 | 19.79% |
| 2007-09-30 | 20.44% |
| 2007-06-30 | 23.58% |
| 2007-03-31 | 24.69% |
| 2006-12-31 | 25.63% |
| 2006-09-30 | 25.21% |
| 2006-06-30 | 27.49% |
| 2006-03-31 | 28.51% |
| 2005-12-31 | 26.89% |
| 2005-09-30 | 29.04% |
| 2005-06-30 | 33.26% |
| 2005-03-31 | 32.82% |
| 2004-12-31 | -19.09% |
| 2004-09-30 | 38.55% |
| 2004-06-30 | 30.96% |
| 2004-03-31 | 39.00% |
| 2003-12-31 | 39.46% |
| 2003-09-30 | 45.78% |
