What is Digital Realty Trust Return-on-Tangible-Asset?
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Digital Realty Trust's annualizedNet Income for the quarter that ended in Dec. 2024 was $758 Mil. Digital Realty Trust's average total tangible assets for the quarter that ended in Dec. 2024 was $33,854 Mil. Therefore, Digital Realty Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 2.24%.
The historical rank and industry rank for Digital Realty Trust's Return-on-Tangible-Asset or its related term are showing as below:
DLR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.31 Med: 2.61 Max: 6.79
Current: 1.31
During the past 13 years, Digital Realty Trust's highest Return-on-Tangible-Asset was 6.79%. The lowest was 1.31%. And the median was 2.61%.
DLR's Return-on-Tangible-Asset is ranked worse than 66.06% of 928
companies
in the REITs industry
Industry Median: 2.825
vs DLR: 1.31
Digital Realty Trust Return-on-Tangible-Asset Historical Data
The historical data trend for Digital Realty Trust's Return-on-Tangible-Asset 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-Asset Chart
Competitive Comparison of Digital Realty Trust's Return-on-Tangible-Asset
For the REIT - Specialty subindustry, Digital Realty Trust's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Digital Realty Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Digital Realty Trust's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Dec. 2024) net income data.
Digital Realty Trust (NYSE:DLR) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Digital Realty Trust Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Digital Realty Trust's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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. The company operates as a real estate investment trust.
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