Digital Realty Trust (DLR) FY2016 results: revenue $2.1 billion, up 21.5% on the year
Digital Realty Trust, Inc. (DLR) reported revenue of $2.1 billion for fiscal 2016, the year ended 31 December 2016, up 21.5% on the year before. Net income was $426 million, up 43.6%, and diluted earnings per share $2.20. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2017.
Revenue
$2.1 billion
+21.5% on the year
FY2009FY2016
Operating margin
23.2%
22.8% a year earlier
FY2009FY2016
Net income
$426 million
+43.6% on the year
FY2009FY2016
Diluted EPS
$2.20
+41.0% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
2,142
1,763
1,616
+21.5%
Operating income
497
402
259
+23.7%
Operating margin
23.2%
22.8%
16.0%
Interest expense
236
201
191
+17.4%
Income tax
10.4
6.5
5.2
+61.0%
Net income
426
297
200
+43.6%
Net margin
19.9%
16.8%
12.4%
Diluted EPS
$2.20
$1.56
$0.99
+41.0%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
912
797
656
+14.5%
Capital expenditure
758
737
852
+2.8%
Free cash flow
154
59.7
-196
+158.4%
Free cash flow margin
7.2%
3.4%
-12.2%
Cash from investing
-1,304
-2,526
-644
Cash from financing
351
1,749
-27.0
-80.0%
Depreciation and amortisation
699
571
539
+22.6%
Dividends paid
522
469
442
+11.3%
Diluted shares, weighted
151m
139m
134m
+8.5%
Shares outstanding at period end
159m
146m
136m
+8.6%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
5,096
4,500
3,878
+13.2%
Non-controlling interest
36.3
36.4
36.0
-0.2%
Redeemable equity
0.0
193
179
Debt
5,839
5,899
n/a
-1.0%
Other liabilities
1,222
788
5,434
+55.1%
Total liabilities and equity
12,193
11,416
9,527
+6.8%
Goodwill
753
331
0.0
+127.7%
Intangible assets
n/a
n/a
228
Cash and equivalents
10.5
57.1
34.8
-81.5%
Other assets
11,429
11,028
9,264
+3.6%
Total assets
12,193
11,416
9,527
+6.8%
10-K for the year ended 31 December 2016, filed 1 March 2017: the filing.