Digital Realty Trust (DLR) FY2024 results: revenue $5.6 billion, up 1.4% on the year
Digital Realty Trust, Inc. (DLR) reported revenue of $5.6 billion for fiscal 2024, the year ended 31 December 2024, up 1.4% on the year before. Net income was $602 million, down 36.5%, and diluted earnings per share $1.61. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2025.
Revenue
$5.6 billion
+1.4% on the year
FY2017FY2024
Operating margin
8.5%
9.6% a year earlier
FY2017FY2024
Net income
$602 million
-36.5% on the year
FY2017FY2024
Diluted EPS
$1.61
-46.3% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ 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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,261
1,635
1,659
+38.3%
Capital expenditure
2,832
3,526
2,643
-19.7%
Free cash flow
-570
-1,891
-984
Free cash flow margin
-10.3%
-34.5%
-21.0%
Cash from investing
-1,906
-1,115
-4,699
Cash from financing
2,063
963
2,969
+114.2%
Depreciation and amortisation
1,772
1,695
1,578
+4.5%
Dividends paid
1,633
1,521
1,451
+7.4%
Diluted shares, weighted
332m
309m
298m
+7.3%
Shares outstanding at period end
337m
312m
291m
+8.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
21,340
19,118
17,583
+11.6%
Non-controlling interest
402
484
524
-16.9%
Redeemable equity
1,433
1,395
1,515
+2.8%
Debt
16,714
17,538
16,724
-4.7%
Other liabilities
5,393
5,579
5,139
-3.3%
Total liabilities and equity
45,284
44,113
41,485
+2.7%
Goodwill
8,929
9,240
9,208
-3.4%
Intangible assets
1,935
n/a
n/a
Cash and equivalents
3,871
1,625
142
+138.1%
Other assets
30,548
33,248
32,135
-8.1%
Total assets
45,284
44,113
41,485
+2.7%
10-K for the year ended 31 December 2024, filed 25 February 2025: the filing.