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Side-by-side financial comparison of Digital Realty (DLR) and Constellation Brands (STZ). Click either name above to swap in a different company.

Constellation Brands is the larger business by last-quarter revenue ($2.2B vs $1.6B, roughly 1.4× Digital Realty). Constellation Brands runs the higher net margin — 22.6% vs 6.0%, a 16.6% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs -9.8%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 1.9%).

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.

Constellation Brands, Inc. is an American producer and marketer of beer, wine, and spirits. A Fortune 500 company, Constellation is the largest beer import company in the US, measured by sales, and has the third-largest market share of all major beer suppliers. It also has sizable investments in medical and recreational cannabis through its association with Canopy Growth. Based in Rochester, New York, Constellation has about 40 facilities and approximately 9,000 employees.

DLR vs STZ — Head-to-Head

Bigger by revenue
STZ
STZ
1.4× larger
STZ
$2.2B
$1.6B
DLR
Growing faster (revenue YoY)
DLR
DLR
+25.9% gap
DLR
16.1%
-9.8%
STZ
Higher net margin
STZ
STZ
16.6% more per $
STZ
22.6%
6.0%
DLR
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
1.9%
STZ

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
DLR
DLR
STZ
STZ
Revenue
$1.6B
$2.2B
Net Profit
$98.6M
$502.8M
Gross Margin
53.2%
Operating Margin
6.9%
31.1%
Net Margin
6.0%
22.6%
Revenue YoY
16.1%
-9.8%
Net Profit YoY
-10.3%
-18.4%
EPS (diluted)
$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
DLR
DLR
STZ
STZ
Q1 26
$1.6B
Q4 25
$1.6B
$2.2B
Q3 25
$1.6B
$2.5B
Q2 25
$1.5B
$2.5B
Q1 25
$1.4B
$2.2B
Q4 24
$1.4B
$2.5B
Q3 24
$1.4B
$2.9B
Q2 24
$1.4B
$2.7B
Net Profit
DLR
DLR
STZ
STZ
Q1 26
$98.6M
Q4 25
$98.6M
$502.8M
Q3 25
$67.8M
$466.0M
Q2 25
$1.0B
$516.1M
Q1 25
$110.0M
$-375.3M
Q4 24
$189.6M
$615.9M
Q3 24
$51.2M
$-1.2B
Q2 24
$80.2M
$877.0M
Gross Margin
DLR
DLR
STZ
STZ
Q1 26
Q4 25
53.2%
Q3 25
52.8%
Q2 25
50.4%
Q1 25
51.5%
Q4 24
52.1%
Q3 24
51.8%
Q2 24
52.7%
Operating Margin
DLR
DLR
STZ
STZ
Q1 26
6.9%
Q4 25
6.9%
31.1%
Q3 25
8.8%
35.2%
Q2 25
14.2%
28.4%
Q1 25
13.9%
-6.9%
Q4 24
10.1%
32.2%
Q3 24
11.8%
-42.1%
Q2 24
0.7%
35.4%
Net Margin
DLR
DLR
STZ
STZ
Q1 26
6.0%
Q4 25
6.0%
22.6%
Q3 25
4.3%
18.8%
Q2 25
69.1%
20.5%
Q1 25
7.8%
-17.3%
Q4 24
13.2%
25.0%
Q3 24
3.6%
-41.1%
Q2 24
5.9%
32.9%
EPS (diluted)
DLR
DLR
STZ
STZ
Q1 26
$0.22
Q4 25
$0.22
Q3 25
$0.15
Q2 25
$2.94
Q1 25
$0.27
Q4 24
$0.50
Q3 24
$0.09
Q2 24
$0.20

Balance Sheet & Financial Strength

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

Metric
DLR
DLR
STZ
STZ
Cash + ST InvestmentsLiquidity on hand
$3.5B
$152.4M
Total DebtLower is stronger
$10.3B
Stockholders' EquityBook value
$22.9B
$7.7B
Total Assets
$49.4B
$21.7B
Debt / EquityLower = less leverage
1.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
STZ
STZ
Q1 26
$3.5B
Q4 25
$3.5B
$152.4M
Q3 25
$3.3B
$72.0M
Q2 25
$3.6B
$73.9M
Q1 25
$2.3B
$68.1M
Q4 24
$3.9B
$73.7M
Q3 24
$2.2B
$64.6M
Q2 24
$2.3B
$73.8M
Total Debt
DLR
DLR
STZ
STZ
Q1 26
Q4 25
$10.3B
Q3 25
$10.3B
Q2 25
$11.2B
Q1 25
$10.7B
Q4 24
$10.7B
Q3 24
$11.1B
Q2 24
$11.1B
Stockholders' Equity
DLR
DLR
STZ
STZ
Q1 26
$22.9B
Q4 25
$22.9B
$7.7B
Q3 25
$23.0B
$7.5B
Q2 25
$22.9B
$7.3B
Q1 25
$21.3B
$6.9B
Q4 24
$21.3B
$7.8B
Q3 24
$21.2B
$7.9B
Q2 24
$20.5B
$10.3B
Total Assets
DLR
DLR
STZ
STZ
Q1 26
$49.4B
Q4 25
$49.4B
$21.7B
Q3 25
$48.7B
$21.4B
Q2 25
$48.7B
$22.3B
Q1 25
$45.1B
$21.7B
Q4 24
$45.3B
$22.8B
Q3 24
$45.3B
$23.1B
Q2 24
$43.6B
$26.1B
Debt / Equity
DLR
DLR
STZ
STZ
Q1 26
Q4 25
1.33×
Q3 25
1.37×
Q2 25
1.54×
Q1 25
1.55×
Q4 24
1.37×
Q3 24
1.41×
Q2 24
1.08×

Cash Flow & Capital Efficiency

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

Metric
DLR
DLR
STZ
STZ
Operating Cash FlowLast quarter
$616.9M
Free Cash FlowOCF − Capex
$370.9M
FCF MarginFCF / Revenue
16.7%
Capex IntensityCapex / Revenue
11.1%
Cash ConversionOCF / Net Profit
1.23×
TTM Free Cash FlowTrailing 4 quarters
$1.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLR
DLR
STZ
STZ
Q1 26
Q4 25
$719.0M
$616.9M
Q3 25
$652.9M
$852.1M
Q2 25
$641.2M
$637.2M
Q1 25
$399.1M
$594.7M
Q4 24
$769.5M
$685.2M
Q3 24
$566.5M
$1.2B
Q2 24
$573.2M
$690.5M
Free Cash Flow
DLR
DLR
STZ
STZ
Q1 26
Q4 25
$370.9M
Q3 25
$634.8M
Q2 25
$444.4M
Q1 25
$312.1M
Q4 24
$456.8M
Q3 24
$854.0M
Q2 24
$315.2M
FCF Margin
DLR
DLR
STZ
STZ
Q1 26
Q4 25
16.7%
Q3 25
25.6%
Q2 25
17.7%
Q1 25
14.4%
Q4 24
18.5%
Q3 24
29.3%
Q2 24
11.8%
Capex Intensity
DLR
DLR
STZ
STZ
Q1 26
Q4 25
11.1%
Q3 25
8.8%
Q2 25
7.7%
Q1 25
13.1%
Q4 24
9.3%
Q3 24
11.2%
Q2 24
14.1%
Cash Conversion
DLR
DLR
STZ
STZ
Q1 26
Q4 25
7.29×
1.23×
Q3 25
9.63×
1.83×
Q2 25
0.62×
1.23×
Q1 25
3.63×
Q4 24
4.06×
1.11×
Q3 24
11.07×
Q2 24
7.15×
0.79×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DLR
DLR

Segment breakdown not available.

STZ
STZ

Beer$2.0B90%
Constellation Wines And Spirits$213.1M10%

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