Digital Realty (DLR) vs Prologis (PLD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Prologis (PLD) has outperformed Digital Realty (DLR) over the past year, gaining 9.8% versus a gain of 3.0%. Over five years, DLR leads with a +22.3% price change compared with -7.1% for PLD. Prologis is the larger company by market cap ($123.75 billion vs $68.16 billion), about 1.8 times the size, while Digital Realty is growing revenue faster (+10.0% vs +7.2%).
On valuation, Prologis trades at a lower forward P/E (38.2x vs 65.3x for Digital Realty). Prologis offers the higher dividend yield (3.27% vs 2.70%). Prologis converts more of its revenue into profit, with a net margin of 37.9% versus 21.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DLR | PLD |
|---|---|---|
| Share price | $180.47 | $127.30 |
| Market cap | $68.16B | $123.75B |
| 1-day change | -2.26% | -1.07% |
| YTD return | +16.65% | -0.28% |
| 1-year return | +3.04% | +9.77% |
| 5-year return | +22.32% | -7.07% |
| P/E ratio (TTM) | 87.61 | 28.29 |
| Forward P/E | 65.34 | 38.19 |
| EPS (TTM) | $2.06 | $4.50 |
| Dividend yield | 2.70% | 3.27% |
| Annual dividend | $4.88 | $4.16 |
| Revenue (latest FY) | $6.11B | $8.79B |
| Revenue growth (YoY) | +10.04% | +7.18% |
| Net income (latest FY) | $1.31B | $3.33B |
| Operating margin | 10.77% | 49.58% |
| Net margin | 21.41% | 37.86% |
| 52-week high | $208.14 | $153.35 |
| 52-week low | $146.23 | $111.03 |
| Distance from 52-week high | -13.29% | -16.99% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +23.81% | +24.30% |
| Average volume | 2.29M | 4.08M |
| Shares outstanding | 371.00M | 950.33M |
| Employees | 4,282 | 2,802 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Digital Realty trades at a higher earnings multiple (87.6x vs 28.3x trailing P/E).
- Prologis is more profitable, keeping 37.9 cents of every revenue dollar as net income versus 21.4 cents for Digital Realty.
About Digital Realty
DLR stock →Digital Realty Trust, Inc. brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions.
Real Estate · Real Estate Investment Trusts · 4,282 employees
About Prologis
PLD stock →Prologis, Inc. don't just lead the industry, they define it.
Real Estate · Real Estate Investment Trusts · 2,802 employees
DLR vs PLD FAQ
Which is bigger, Digital Realty or Prologis?
Prologis (PLD) is larger, with a market capitalization of $123.75B compared with $68.16B for Digital Realty (DLR).
Which stock has performed better over the past year, DLR or PLD?
PLD returned +9.77% over the past 12 months, compared with +3.04% for DLR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DLR or PLD?
PLD has the lower trailing P/E at 28.3, versus 87.6 for DLR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Digital Realty or Prologis?
Prologis has the higher yield at 3.27%, compared with 2.70% for Digital Realty.
Are Digital Realty and Prologis in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.