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Digital Realty TrustDLR +3.28%80 Debt-to-Equity is 0.72 as of Jun. 2026, which is 20% below its 10-year median of 0.90. GuruFocus rates DLR with a GF Score™ of 80/100 and a GF Value™ of $121.04 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 688 REITs companies, Digital Realty Trust ranks better than 56.25% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Digital Realty Trust's Debt-to-Equity or its related term are showing as below:
DLR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 0.9 Max: 1.29
Current: 0.72
During the past 13 years, the highest Debt-to-Equity Ratio of Digital Realty Trust was 1.29. The lowest was 0.72. And the median was 0.90.
DLR's Debt-to-Equity is ranked better than 56.25% of 688
companies
in the REITs industry
Industry Median: 0.78
vs DLR: 0.72
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Digital Realty Trust Debt-to-Equity Related Terms
Digital Realty Trust Debt-to-Equity Historical Data
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The historical data trend for Digital Realty Trust's Debt-to-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.
For the REIT - Specialty subindustry, Digital Realty Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-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 Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Digital Realty Trust's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Digital Realty Trust's Debt-to-Equity falls into.
* 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.
Digital Realty Trust (DLR) has a Debt-to-Equity of 0.72 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Digital Realty Trust and its competitors. This is 20% below median its historical median of 0.90. Over the past decade, Digital Realty Trust's Debt-to-Equity has ranged from 0.72 to 1.29. According to the industry distribution chart, Digital Realty Trust ranks #301 out of 688 companies in the REITs industry, placing it in the top 43.7%.
Is Digital Realty Trust's Debt-to-Equity too high?
Digital Realty Trust's current Debt-to-Equity of 0.72 is 20% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.29. The REITs industry median Debt-to-Equity is 0.78. Digital Realty Trust's value of 0.72 is 7.7% below this industry median. Based on the distribution chart, Digital Realty Trust ranks #301 out of 688 companies in the REITs industry, which is above the industry midpoint. Overall, Digital Realty Trust has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Realty Trust's Debt-to-Equity compare to AMT and EQIX?
According to the REITs industry distribution chart, Digital Realty Trust ranks #301 out of 688 companies for Debt-to-Equity. This puts Digital Realty Trust in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Digital Realty Trust's value of 0.72 is 7.7% below this benchmark. Historically, Digital Realty Trust's own Debt-to-Equity has ranged from 0.72 to 1.29 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.78, Digital Realty Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 688 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Digital Realty Trust's current Debt-to-Equity of 0.72 is 7.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Digital Realty Trust and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Realty Trust's current Debt-to-Equity is 0.72, which is 20% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Digital Realty Trust (DLR) is currently considered Significantly Overvalued. The stock's GF Value™ is $121.04, compared to a current price of $197.06 — trading 62.8% above its estimated fair value. The current Debt-to-Equity is 0.72, which is 20% below median its 10-year median of 0.90 and 7.7% below the REITs industry median of 0.78. Digital Realty Trust's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Digital Realty Trust (DLR), the current Debt-to-Equity is 0.72 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Digital Realty Trust (DLR) Overvalued in 2026?
Based on GuruFocus' analysis, Digital Realty Trust stock appears to be overvalued.
The current stock price of $197.06 is trading 62.8% above its estimated GF Value™ of $121.04.
GuruFocus considers Digital Realty Trust to be Significantly Overvalued.
Key valuation signals for DLR:
Debt-to-Equity: 0.72 (20% below median its 10-year median of 0.90)
GF Value™: $121.04 vs. price of $197.06 (62.8% above fair value)
Industry Position: 7.7% below the REITs median (#301 of 688)
No single metric tells the full story. See the DLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).
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