vs

Side-by-side financial comparison of BOSTON OMAHA Corp (BOC) and Digital Realty (DLR). Click either name above to swap in a different company.

Digital Realty is the larger business by last-quarter revenue ($1.6B vs $29.7M, roughly 55.0× BOSTON OMAHA Corp). Digital Realty runs the higher net margin — 6.0% vs -23.1%, a 29.1% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs 6.4%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 7.8%).

Boston Omaha Corporation is a publicly traded diversified holding company. Its core operating segments include outdoor advertising, surety insurance, residential real estate development, and fixed wireless broadband services, primarily serving customers across the United States, with a focus on driving long-term shareholder value via strategic acquisitions and organic operational growth.

Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.

BOC vs DLR — Head-to-Head

Bigger by revenue
DLR
DLR
55.0× larger
DLR
$1.6B
$29.7M
BOC
Growing faster (revenue YoY)
DLR
DLR
+9.8% gap
DLR
16.1%
6.4%
BOC
Higher net margin
DLR
DLR
29.1% more per $
DLR
6.0%
-23.1%
BOC
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
7.8%
BOC

Income Statement — Q4 2025 vs Q1 2026

Metric
BOC
BOC
DLR
DLR
Revenue
$29.7M
$1.6B
Net Profit
$-6.9M
$98.6M
Gross Margin
64.0%
Operating Margin
-4.2%
6.9%
Net Margin
-23.1%
6.0%
Revenue YoY
6.4%
16.1%
Net Profit YoY
-228.1%
-10.3%
EPS (diluted)
$-0.23
$0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOC
BOC
DLR
DLR
Q1 26
$1.6B
Q4 25
$29.7M
$1.6B
Q3 25
$28.7M
$1.6B
Q2 25
$28.2M
$1.5B
Q1 25
$27.7M
$1.4B
Q4 24
$27.9M
$1.4B
Q3 24
$27.7M
$1.4B
Q2 24
$27.1M
$1.4B
Net Profit
BOC
BOC
DLR
DLR
Q1 26
$98.6M
Q4 25
$-6.9M
$98.6M
Q3 25
$-2.6M
$67.8M
Q2 25
$-2.3M
$1.0B
Q1 25
$-669.3K
$110.0M
Q4 24
$5.3M
$189.6M
Q3 24
$-1.6M
$51.2M
Q2 24
$-2.2M
$80.2M
Gross Margin
BOC
BOC
DLR
DLR
Q1 26
Q4 25
64.0%
Q3 25
66.2%
Q2 25
66.1%
Q1 25
67.3%
Q4 24
69.5%
Q3 24
67.5%
Q2 24
68.2%
Operating Margin
BOC
BOC
DLR
DLR
Q1 26
6.9%
Q4 25
-4.2%
6.9%
Q3 25
-3.7%
8.8%
Q2 25
-2.9%
14.2%
Q1 25
-2.9%
13.9%
Q4 24
-4.6%
10.1%
Q3 24
-2.7%
11.8%
Q2 24
-16.2%
0.7%
Net Margin
BOC
BOC
DLR
DLR
Q1 26
6.0%
Q4 25
-23.1%
6.0%
Q3 25
-9.0%
4.3%
Q2 25
-8.2%
69.1%
Q1 25
-2.4%
7.8%
Q4 24
19.1%
13.2%
Q3 24
-5.8%
3.6%
Q2 24
-8.3%
5.9%
EPS (diluted)
BOC
BOC
DLR
DLR
Q1 26
$0.22
Q4 25
$-0.23
$0.22
Q3 25
$-0.08
$0.15
Q2 25
$-0.07
$2.94
Q1 25
$-0.02
$0.27
Q4 24
$0.17
$0.50
Q3 24
$-0.05
$0.09
Q2 24
$-0.07
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOC
BOC
DLR
DLR
Cash + ST InvestmentsLiquidity on hand
$56.8M
$3.5B
Total DebtLower is stronger
$25.7M
Stockholders' EquityBook value
$516.1M
$22.9B
Total Assets
$713.1M
$49.4B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOC
BOC
DLR
DLR
Q1 26
$3.5B
Q4 25
$56.8M
$3.5B
Q3 25
$67.6M
$3.3B
Q2 25
$68.6M
$3.6B
Q1 25
$69.2M
$2.3B
Q4 24
$73.2M
$3.9B
Q3 24
$58.6M
$2.2B
Q2 24
$53.1M
$2.3B
Total Debt
BOC
BOC
DLR
DLR
Q1 26
Q4 25
$25.7M
Q3 25
$25.9M
Q2 25
$26.1M
Q1 25
$26.3M
Q4 24
$26.5M
Q3 24
$26.7M
Q2 24
$26.9M
Stockholders' Equity
BOC
BOC
DLR
DLR
Q1 26
$22.9B
Q4 25
$516.1M
$22.9B
Q3 25
$528.4M
$23.0B
Q2 25
$531.0M
$22.9B
Q1 25
$533.3M
$21.3B
Q4 24
$532.8M
$21.3B
Q3 24
$527.7M
$21.2B
Q2 24
$530.5M
$20.5B
Total Assets
BOC
BOC
DLR
DLR
Q1 26
$49.4B
Q4 25
$713.1M
$49.4B
Q3 25
$721.4M
$48.7B
Q2 25
$730.6M
$48.7B
Q1 25
$730.8M
$45.1B
Q4 24
$728.3M
$45.3B
Q3 24
$711.9M
$45.3B
Q2 24
$723.1M
$43.6B
Debt / Equity
BOC
BOC
DLR
DLR
Q1 26
Q4 25
0.05×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.05×
Q2 24
0.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOC
BOC
DLR
DLR
Operating Cash FlowLast quarter
$5.8M
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-8.4%
Capex IntensityCapex / Revenue
28.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-10.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOC
BOC
DLR
DLR
Q1 26
Q4 25
$5.8M
$719.0M
Q3 25
$4.9M
$652.9M
Q2 25
$4.6M
$641.2M
Q1 25
$2.6M
$399.1M
Q4 24
$9.1M
$769.5M
Q3 24
$5.2M
$566.5M
Q2 24
$4.5M
$573.2M
Free Cash Flow
BOC
BOC
DLR
DLR
Q1 26
Q4 25
$-2.5M
Q3 25
$-489.4K
Q2 25
$-2.7M
Q1 25
$-4.3M
Q4 24
$619.5K
Q3 24
$-1.2M
Q2 24
$-4.3M
FCF Margin
BOC
BOC
DLR
DLR
Q1 26
Q4 25
-8.4%
Q3 25
-1.7%
Q2 25
-9.7%
Q1 25
-15.5%
Q4 24
2.2%
Q3 24
-4.4%
Q2 24
-15.9%
Capex Intensity
BOC
BOC
DLR
DLR
Q1 26
Q4 25
28.0%
Q3 25
18.9%
Q2 25
25.9%
Q1 25
24.7%
Q4 24
30.4%
Q3 24
23.2%
Q2 24
32.6%
Cash Conversion
BOC
BOC
DLR
DLR
Q1 26
Q4 25
7.29×
Q3 25
9.63×
Q2 25
0.62×
Q1 25
3.63×
Q4 24
1.71×
4.06×
Q3 24
11.07×
Q2 24
7.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BOC
BOC

Billboard Rentals$11.9M40%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$10.0M34%
GIG$7.3M25%
Other$608.4K2%

DLR
DLR

Segment breakdown not available.

Related Comparisons