Digital Realty Trust (DLR) FY2017 results: revenue $2.5 billion, up 14.7% on the year
Digital Realty Trust, Inc. (DLR) reported revenue of $2.5 billion for fiscal 2017, the year ended 31 December 2017, up 14.7% on the year before. Net income was $248 million, down 41.7%, and diluted earnings per share $0.99. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2018.
Revenue
$2.5 billion
+14.7% on the year
FY2010FY2017
Operating margin
18.4%
23.2% a year earlier
FY2010FY2017
Net income
$248 million
-41.7% on the year
FY2010FY2017
Diluted EPS
$0.99
-55.0% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
2,458
2,142
1,763
+14.7%
Operating income
451
497
402
-9.2%
Operating margin
18.4%
23.2%
22.8%
Interest expense
259
236
201
+9.4%
Income tax
7.9
10.4
6.5
-23.9%
Net income
248
426
297
-41.7%
Net margin
10.1%
19.9%
16.8%
Diluted EPS
$0.99
$2.20
$1.56
-55.0%
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
1,023
912
797
+12.2%
Capital expenditure
1,151
758
737
+51.8%
Free cash flow
-127
154
59.7
Free cash flow margin
-5.2%
7.2%
3.4%
Cash from investing
-1,357
-1,304
-2,526
Cash from financing
321
351
1,749
-8.4%
Depreciation and amortisation
842
699
571
+20.5%
Dividends paid
646
522
469
+23.9%
Diluted shares, weighted
175m
151m
139m
+16.1%
Shares outstanding at period end
205m
159m
146m
+29.2%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
10,349
5,096
4,500
+103.1%
Non-controlling interest
700
36.3
36.4
+1,830.3%
Redeemable equity
53.9
0.0
193
Debt
8,649
5,839
5,899
+48.1%
Other liabilities
1,652
1,222
788
+35.3%
Total liabilities and equity
21,404
12,193
11,416
+75.6%
Goodwill
3,390
753
331
+350.2%
Cash and equivalents
0.1
10.5
57.1
-99.5%
Other assets
18,015
11,429
11,028
+57.6%
Total assets
21,404
12,193
11,416
+75.6%
10-K for the year ended 31 December 2017, filed 1 March 2018: the filing.