Digital Realty Trust (DLR) FY2014 results: revenue $1.6 billion, up 9.1% on the year
Digital Realty Trust, Inc. (DLR) reported revenue of $1.6 billion for fiscal 2014, the year ended 31 December 2014, up 9.1% on the year before. Net income was $200 million, down 36.3%, and diluted earnings per share $0.99. The figures are the company's own, from the 10-K it filed with the SEC on 2 March 2015.
Revenue
$1.6 billion
+9.1% on the year
FY2009FY2014
Operating margin
16.0%
25.8% a year earlier
FY2009FY2014
Net income
$200 million
-36.3% on the year
FY2009FY2014
Diluted EPS
$0.99
-53.3% on the year
FY2009FY2014
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Revenue
1,616
1,482
1,279
+9.1%
Operating income
259
382
366
-32.3%
Operating margin
16.0%
25.8%
28.6%
Interest expense
191
189
157
+0.9%
Income tax
5.2
1.3
2.6
+305.4%
Net income
200
314
210
-36.3%
Net margin
12.4%
21.2%
16.4%
Diluted EPS
$0.99
$2.12
$1.48
-53.3%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Operating cash flow
656
656
543
-0.1%
Capital expenditure
852
1,190
846
-28.3%
Free cash flow
-196
-533
-303
Free cash flow margin
-12.2%
-36.0%
-23.7%
Cash from investing
-644
-1,061
-2,476
Cash from financing
-27.0
402
1,949
Depreciation and amortisation
539
475
383
+13.3%
Dividends paid
442
401
334
+10.2%
Diluted shares, weighted
134m
128m
116m
+4.3%
Shares outstanding at period end
136m
128m
125m
+5.6%
Balance sheet
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Shareholders' equity
3,878
3,611
3,468
+7.4%
Non-controlling interest
36.0
36.0
30.1
-0.0%
Redeemable equity
179
124
162
+44.2%
Debt
n/a
4,695
4,012
Other liabilities
5,434
1,161
1,147
+368.1%
Total liabilities and equity
9,527
9,627
8,819
-1.0%
Goodwill
0.0
n/a
n/a
Intangible assets
228
302
n/a
-24.6%
Cash and equivalents
34.8
50.1
52.5
-30.5%
Other assets
9,264
9,275
8,767
-0.1%
Total assets
9,527
9,627
8,819
-1.0%
10-K for the year ended 31 December 2014, filed 2 March 2015: the filing.