What is Digital Realty Trust Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Digital Realty Trust's annualized net income for the quarter that ended in Dec. 2023 was $113 Mil. Digital Realty Trust's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $7,032 Mil. Therefore, Digital Realty Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.61%.
The historical rank and industry rank for Digital Realty Trust's Return-on-Tangible-Equity or its related term are showing as below:
DLR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.99 Med: 10.34 Max: 25.14
Current: 15.82
During the past 13 years, Digital Realty Trust's highest Return-on-Tangible-Equity was 25.14%. The lowest was 5.99%. And the median was 10.34%.
DLR's Return-on-Tangible-Equity is ranked better than 88.22% of 798
companies
in the REITs industry
Industry Median: 4.535
vs DLR: 15.82
Digital Realty Trust Return-on-Tangible-Equity Historical Data
The historical data trend for Digital Realty Trust's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Digital Realty Trust Return-on-Tangible-Equity Chart
Competitive Comparison of Digital Realty Trust's Return-on-Tangible-Equity
For the REIT - Specialty subindustry, Digital Realty Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Digital Realty Trust's Return-on-Tangible-Equity Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Digital Realty Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Digital Realty Trust's Return-on-Tangible-Equity falls into.
Digital Realty Trust Return-on-Tangible-Equity Calculation
Digital Realty Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Digital Realty Trust (NYSE:DLR) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Digital Realty Trust Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Digital Realty Trust's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Digital Realty Trust (Digital Realty Trust) Business Description
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. Digital Realty has also moved more into the co-location business, increasingly serving enterprises and facilitating network and cloud connections. Digital Realty operates as a real estate investment trust.
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