S&P 500 comparison · Real Estate

Digital Realty vs Equinix

Prices at close . Model readings .

Digital Realty

$179.77+0.42%
Month: negativeLong run: neutral

Equinix

$1,007.66+0.83%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Equinix is the larger company by market value ($100.04B against $63.17B). Over the past year Digital Realty returned +3.1% and Equinix +22.1%, while the S&P 500 returned +12.7%. The latest filed P/E is 163.3 for Digital Realty and 68.6 for Equinix, and the operating margin 14% against 23.3%. Over the next 21 sessions the model expects −0.69% for Digital Realty, with a 29% chance of a rise, and −0.57% for Equinix, with a 35% chance. Digital Realty's long-run fair value is $171.98, a gap of −4.3% to its price; the long-run model view is neutral. Equinix's long-run fair value is $949.81, a gap of −5.7% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
DLR−0.69%
EQIX−0.57%
Chance of a risenext 21 sessions
DLR29%
EQIX35%
Expected returnnext 63 sessions
DLR+0.1%
EQIX+0.71%
Range of outcomes63 sessions, 80% band
DLR−17.2% to +17.4%
EQIX−16.5% to +18%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
DLR$171.9828 Oct 2026
EQIX$949.8128 Oct 2026
Gap to pricefair value against the close
DLR−4.3%
EQIX−5.7%
Past readings that matchedsign of the 21-session outcome
DLR48.5%of 269
EQIX50.2%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
DLR+1.8%
EQIX−0.7%
6 monthsS&P 500: +8.5%
DLR−7%
EQIX−6.6%
Year to dateS&P 500: +13.3%
DLR+17.8%
EQIX+33.5%
1 yearS&P 500: +12.7%
DLR+3.1%
EQIX+22.1%
5 yearsS&P 500: +70.7%
DLR+38.2%
EQIX+40.2%
1 year against the S&P 500percentage points
DLR−9.6 pts
EQIX+9.4 pts
Position in the 52-week range0% low, 100% high
DLR56%close $179.77 in $144.28 to $207.47
EQIX73%close $1,007.66 in $709.79 to $1,118.65
Against the 200-day average
DLR−1.3%
EQIX+0.5%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (DLR), (EQIX)
Market value
DLR$63.17B28 Oct 2026
EQIX$100.04B28 Oct 2026
Enterprise valueat the last filing
DLR—Not in the latest filing data.
EQIX$120.90B30 Sep 2026
P/Elatest filed
DLR163.3
EQIX68.6
Price to book
DLR2.90
EQIX6.91
EV / EBITDA
DLR23.67
EQIX29.94
Free cash flow yield
DLR2.81%
EQIX−3.38%
Dividend yield
DLR2.05%
EQIX2%
Questions

Digital Realty or Equinix: common questions

Which is larger by market value, Digital Realty or Equinix?

Equinix, at $100.04B against $63.17B for Digital Realty, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Digital Realty or Equinix?

Digital Realty has the higher latest filed P/E, 163.3; Equinix's is 68.6. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.

How did Digital Realty and Equinix move over the past year against the S&P 500?

Over the past year Digital Realty returned +3.1% and Equinix +22.1%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Digital Realty and Equinix over the next month?

−0.69% for Digital Realty with a 29% chance of a rise, and −0.57% for Equinix with a 35% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Digital Realty and Equinix compare?

The operating margin is 14% for Digital Realty and 23.3% for Equinix. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.

Do Digital Realty and Equinix shares move together?

Over the past year the correlation of their daily returns was 0.76 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
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The two company pagesDigital Realty (DLR) forecast and analysisEquinix (EQIX) forecast and analysis
BrowseAll Real Estate companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.