DIGITAL REALTY TRUST, INC. (DLR) closed fiscal year 2025 with a gross margin of 55.4 % and a net margin of 21.4 %.
DIGITAL REALTY TRUST, INC. (DLR) closed fiscal year 2025 with a gross margin of 55.4 % and a net margin of 21.4 %. The same year shows an EBITDA margin of 41.8 % and an EBIT margin of 10.8 %. The free cash flow margin was 39.5 %. Against the previous year the gross margin moved +0.7 pp and the net margin +10.6 pp. Across the period the gross margin ranges between 52.6 % in 2023 and 57.0 % in 2022. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | 57.00 % | 52.56 % | 54.65 % | 55.39 % |
| EBITDA margin (%) | 58.99 % | 58.49 % | 57.85 % | 58.53 % | 57.84 % | 49.32 % | 55.15 % | 55.86 % | 52.64 % | 57.01 % | 54.78 % | 49.29 % | 49.25 % | 46.21 % | 40.52 % | 40.39 % | 41.77 % |
| EBIT margin (%) | 27.90 % | 28.00 % | 28.64 % | 28.62 % | 25.76 % | 16.00 % | 22.79 % | 23.21 % | 18.36 % | 18.05 % | 18.52 % | 14.28 % | 15.67 % | 12.57 % | 9.58 % | 8.49 % | 10.77 % |
| Net margin (%) | 13.76 % | 11.82 % | 14.70 % | 16.44 % | 21.22 % | 12.38 % | 16.83 % | 19.89 % | 10.10 % | 10.87 % | 18.07 % | 9.13 % | 38.60 % | 8.05 % | 17.32 % | 10.85 % | 21.41 % |
| FCF margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | 35.37 % | 29.85 % | 40.71 % | 39.46 % |
