Summary
Digital Realty Trust, Inc. (DLR) filed its 2013 Form 10-K on March 3, 2014, presenting a comprehensive overview of its operations as a leading provider of data center solutions. The report highlights the company's strategy of acquiring, developing, and operating data center facilities globally to serve enterprise clients, including financial services, technology, and cloud providers. DLR emphasizes its commitment to providing reliable, scalable, and secure data center infrastructure, which is crucial for the increasing demand for digital services and data storage. For investors, the filing underscores DLR's position within the growing digital infrastructure market, driven by cloud computing, big data, and internet growth. The company's diversified portfolio and long-term leases with high-quality tenants provide a stable revenue stream. However, investors should also note the inherent risks in the real estate and technology sectors, including market fluctuations, competition, and the capital-intensive nature of data center development and operations. The report also details the company's financial structure, debt obligations, and management's outlook on future growth opportunities and challenges.
Financial Highlights
32 data points| Revenue | $1.48B |
| Operating Expenses | $1.10B |
| Operating Income | $381.81M |
| Interest Expense | $189.40M |
| Net Income | $314.49M |
| EPS (Basic) | $2.12 |
| EPS (Diluted) | $2.12 |
| Shares Outstanding (Basic) | 127.94M |
| Shares Outstanding (Diluted) | 128.13M |
Key Highlights
- 1Digital Realty Trust, Inc. operates as a Real Estate Investment Trust (REIT) focused on data center properties, a critical component of the digital economy.
- 2The company emphasizes its global portfolio and ability to serve diverse enterprise clients with mission-critical data center solutions.
- 3The filing includes detailed financial statements for both the parent company (Digital Realty Trust, Inc.) and its operating partnership (Digital Realty Trust, L.P.), noting specific presentation differences for investors.
- 4DLR maintains a diversified revenue base through long-term leases with a variety of tenants.
- 5The company's capital structure includes various series of preferred stock and debt, with significant details on its credit agreements and indentures presented in the exhibits.
- 6The report highlights the company's strategy of strategic acquisitions, development, and redevelopment of data center facilities to meet evolving market demands.