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Side-by-side financial comparison of Digital Realty (DLR) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
Digital Realty is the larger business by last-quarter revenue ($1.6B vs $1.4B, roughly 1.2× SEALED AIR CORP). Digital Realty runs the higher net margin — 6.0% vs 3.1%, a 2.9% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs 2.6%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 2.7%).
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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
DLR vs SEE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.4B |
| Net Profit | $98.6M | $43.8M |
| Gross Margin | — | 28.6% |
| Operating Margin | 6.9% | 11.4% |
| Net Margin | 6.0% | 3.1% |
| Revenue YoY | 16.1% | 2.6% |
| Net Profit YoY | -10.3% | 700.0% |
| EPS (diluted) | $0.22 | $0.30 |
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.
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $1.6B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B |
| Q1 26 | $98.6M | — | ||
| Q4 25 | $98.6M | $43.8M | ||
| Q3 25 | $67.8M | $255.1M | ||
| Q2 25 | $1.0B | $93.1M | ||
| Q1 25 | $110.0M | $113.5M | ||
| Q4 24 | $189.6M | $-7.3M | ||
| Q3 24 | $51.2M | $91.7M | ||
| Q2 24 | $80.2M | $98.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 30.7% | ||
| Q1 25 | — | 30.9% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 30.1% | ||
| Q2 24 | — | 31.2% |
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.9% | 11.4% | ||
| Q3 25 | 8.8% | 13.8% | ||
| Q2 25 | 14.2% | 15.0% | ||
| Q1 25 | 13.9% | 14.5% | ||
| Q4 24 | 10.1% | 11.7% | ||
| Q3 24 | 11.8% | 13.9% | ||
| Q2 24 | 0.7% | 15.4% |
| Q1 26 | 6.0% | — | ||
| Q4 25 | 6.0% | 3.1% | ||
| Q3 25 | 4.3% | 19.0% | ||
| Q2 25 | 69.1% | 7.0% | ||
| Q1 25 | 7.8% | 9.0% | ||
| Q4 24 | 13.2% | -0.5% | ||
| Q3 24 | 3.6% | 6.9% | ||
| Q2 24 | 5.9% | 7.4% |
| Q1 26 | $0.22 | — | ||
| Q4 25 | $0.22 | $0.30 | ||
| Q3 25 | $0.15 | $1.73 | ||
| Q2 25 | $2.94 | $0.63 | ||
| Q1 25 | $0.27 | $0.77 | ||
| Q4 24 | $0.50 | $-0.05 | ||
| Q3 24 | $0.09 | $0.63 | ||
| Q2 24 | $0.20 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.5B | $344.0M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $22.9B | $1.2B |
| Total Assets | $49.4B | $7.0B |
| Debt / EquityLower = less leverage | — | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $344.0M | ||
| Q3 25 | $3.3B | $282.5M | ||
| Q2 25 | $3.6B | $354.4M | ||
| Q1 25 | $2.3B | $335.2M | ||
| Q4 24 | $3.9B | $371.8M | ||
| Q3 24 | $2.2B | $386.0M | ||
| Q2 24 | $2.3B | $388.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B |
| Q1 26 | $22.9B | — | ||
| Q4 25 | $22.9B | $1.2B | ||
| Q3 25 | $23.0B | $1.2B | ||
| Q2 25 | $22.9B | $953.1M | ||
| Q1 25 | $21.3B | $797.9M | ||
| Q4 24 | $21.3B | $624.5M | ||
| Q3 24 | $21.2B | $771.2M | ||
| Q2 24 | $20.5B | $650.1M |
| Q1 26 | $49.4B | — | ||
| Q4 25 | $49.4B | $7.0B | ||
| Q3 25 | $48.7B | $7.1B | ||
| Q2 25 | $48.7B | $7.2B | ||
| Q1 25 | $45.1B | $7.0B | ||
| Q4 24 | $45.3B | $7.0B | ||
| Q3 24 | $45.3B | $7.3B | ||
| Q2 24 | $43.6B | $7.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | — | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $293.6M |
| Free Cash FlowOCF − Capex | — | $257.7M |
| FCF MarginFCF / Revenue | — | 18.5% |
| Capex IntensityCapex / Revenue | — | 2.6% |
| Cash ConversionOCF / Net Profit | — | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | — | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $719.0M | $293.6M | ||
| Q3 25 | $652.9M | $165.9M | ||
| Q2 25 | $641.2M | $136.6M | ||
| Q1 25 | $399.1M | $31.9M | ||
| Q4 24 | $769.5M | $244.2M | ||
| Q3 24 | $566.5M | $170.5M | ||
| Q2 24 | $573.2M | $188.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $257.7M | ||
| Q3 25 | — | $119.6M | ||
| Q2 25 | — | $93.2M | ||
| Q1 25 | — | $-12.0M | ||
| Q4 24 | — | $185.1M | ||
| Q3 24 | — | $115.2M | ||
| Q2 24 | — | $129.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 18.5% | ||
| Q3 25 | — | 8.9% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | -0.9% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | 9.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 4.4% |
| Q1 26 | — | — | ||
| Q4 25 | 7.29× | 6.70× | ||
| Q3 25 | 9.63× | 0.65× | ||
| Q2 25 | 0.62× | 1.47× | ||
| Q1 25 | 3.63× | 0.28× | ||
| Q4 24 | 4.06× | — | ||
| Q3 24 | 11.07× | 1.86× | ||
| Q2 24 | 7.15× | 1.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLR
Segment breakdown not available.
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
