DLR vs PLD
Digital Realty (DLR) and Prologis (PLD) compared side by side. Prologis (PLD) is larger, with a market cap of $122.9B versus $65.1B for Digital Realty, about 1.9 times the size. On trailing earnings, PLD is cheaper at 28.1x versus 83.7x for DLR.
Head to head
| Metric | DLR | PLD |
|---|---|---|
| Market cap | $65.1B | $122.9B |
| P/E (TTM) | 83.7x | 28.1x |
| Forward P/E | 62.4x | 39.9x |
| Revenue (TTM) | $6.8B | $9.9B |
| Revenue growth | 29.9% | 10.2% |
| Gross margin | 57.0% | 75.7% |
| Operating margin | 25.9% | 42.9% |
| Free cash flow | $2.5B | $5.2B |
| Dividend yield | 2.83% | 3.38% |
| 1-year return | +1.1% | +3.7% |
| 5-year return (annual) | +5.4% | +0.3% |
| Max drawdown | -57% | -85% |
| FI Handbook grade | C- | C |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
DLR vs PLD FAQ
Which is bigger, DLR or PLD?
Prologis (PLD) is larger, with a market cap of $122.9B versus $65.1B for Digital Realty, about 1.9 times the size.
Is DLR or PLD cheaper?
On trailing earnings, PLD is cheaper at 28.1x versus 83.7x for DLR. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, DLR or PLD?
PLD returned +3.7% over the past year including dividends, versus +1.1% for DLR, through October 23, 2026.
Which pays a higher dividend, DLR or PLD?
PLD yields 3.38% versus 2.83% for DLR.
Full pages: Digital Realty · Prologis