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Side-by-side financial comparison of Digital Realty (DLR) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.

Molson Coors Beverage Company is the larger business by last-quarter revenue ($3.1B vs $1.6B, roughly 1.9× Digital Realty). Molson Coors Beverage Company runs the higher net margin — 7.6% vs 6.0%, a 1.6% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs -3.6%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 1.2%).

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.

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

DLR vs TAP — Head-to-Head

Bigger by revenue
TAP
TAP
1.9× larger
TAP
$3.1B
$1.6B
DLR
Growing faster (revenue YoY)
DLR
DLR
+19.8% gap
DLR
16.1%
-3.6%
TAP
Higher net margin
TAP
TAP
1.6% more per $
TAP
7.6%
6.0%
DLR
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
1.2%
TAP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DLR
DLR
TAP
TAP
Revenue
$1.6B
$3.1B
Net Profit
$98.6M
$238.3M
Gross Margin
31.0%
Operating Margin
6.9%
10.4%
Net Margin
6.0%
7.6%
Revenue YoY
16.1%
-3.6%
Net Profit YoY
-10.3%
-17.2%
EPS (diluted)
$0.22
$1.32

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
TAP
TAP
Q1 26
$1.6B
Q4 25
$1.6B
$3.1B
Q3 25
$1.6B
$3.5B
Q2 25
$1.5B
$3.7B
Q1 25
$1.4B
$2.7B
Q4 24
$1.4B
$3.2B
Q3 24
$1.4B
$3.6B
Q2 24
$1.4B
$3.8B
Net Profit
DLR
DLR
TAP
TAP
Q1 26
$98.6M
Q4 25
$98.6M
$238.3M
Q3 25
$67.8M
$-2.9B
Q2 25
$1.0B
$428.7M
Q1 25
$110.0M
$121.0M
Q4 24
$189.6M
$287.8M
Q3 24
$51.2M
$199.8M
Q2 24
$80.2M
$427.0M
Gross Margin
DLR
DLR
TAP
TAP
Q1 26
Q4 25
31.0%
Q3 25
33.7%
Q2 25
34.3%
Q1 25
31.6%
Q4 24
32.0%
Q3 24
33.4%
Q2 24
34.6%
Operating Margin
DLR
DLR
TAP
TAP
Q1 26
6.9%
Q4 25
6.9%
10.4%
Q3 25
8.8%
-98.5%
Q2 25
14.2%
15.6%
Q1 25
13.9%
6.9%
Q4 24
10.1%
12.0%
Q3 24
11.8%
12.5%
Q2 24
0.7%
15.6%
Net Margin
DLR
DLR
TAP
TAP
Q1 26
6.0%
Q4 25
6.0%
7.6%
Q3 25
4.3%
-84.0%
Q2 25
69.1%
11.5%
Q1 25
7.8%
4.5%
Q4 24
13.2%
8.9%
Q3 24
3.6%
5.5%
Q2 24
5.9%
11.1%
EPS (diluted)
DLR
DLR
TAP
TAP
Q1 26
$0.22
Q4 25
$0.22
$1.32
Q3 25
$0.15
$-14.79
Q2 25
$2.94
$2.13
Q1 25
$0.27
$0.59
Q4 24
$0.50
$1.39
Q3 24
$0.09
$0.96
Q2 24
$0.20
$2.03

Balance Sheet & Financial Strength

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

Metric
DLR
DLR
TAP
TAP
Cash + ST InvestmentsLiquidity on hand
$3.5B
$896.5M
Total DebtLower is stronger
$6.3B
Stockholders' EquityBook value
$22.9B
$10.2B
Total Assets
$49.4B
$22.7B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
TAP
TAP
Q1 26
$3.5B
Q4 25
$3.5B
$896.5M
Q3 25
$3.3B
$950.2M
Q2 25
$3.6B
$613.8M
Q1 25
$2.3B
$412.7M
Q4 24
$3.9B
$969.3M
Q3 24
$2.2B
$1.0B
Q2 24
$2.3B
$1.6B
Total Debt
DLR
DLR
TAP
TAP
Q1 26
Q4 25
$6.3B
Q3 25
$6.3B
Q2 25
$6.3B
Q1 25
$6.2B
Q4 24
$6.1B
Q3 24
$6.2B
Q2 24
$7.0B
Stockholders' Equity
DLR
DLR
TAP
TAP
Q1 26
$22.9B
Q4 25
$22.9B
$10.2B
Q3 25
$23.0B
$10.3B
Q2 25
$22.9B
$13.4B
Q1 25
$21.3B
$13.1B
Q4 24
$21.3B
$13.1B
Q3 24
$21.2B
$13.3B
Q2 24
$20.5B
$13.2B
Total Assets
DLR
DLR
TAP
TAP
Q1 26
$49.4B
Q4 25
$49.4B
$22.7B
Q3 25
$48.7B
$22.9B
Q2 25
$48.7B
$26.8B
Q1 25
$45.1B
$25.9B
Q4 24
$45.3B
$26.1B
Q3 24
$45.3B
$26.6B
Q2 24
$43.6B
$27.4B
Debt / Equity
DLR
DLR
TAP
TAP
Q1 26
Q4 25
0.61×
Q3 25
0.61×
Q2 25
0.47×
Q1 25
0.47×
Q4 24
0.47×
Q3 24
0.47×
Q2 24
0.53×

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
TAP
TAP
Operating Cash FlowLast quarter
$540.7M
Free Cash FlowOCF − Capex
$357.8M
FCF MarginFCF / Revenue
11.4%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
2.27×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLR
DLR
TAP
TAP
Q1 26
Q4 25
$719.0M
$540.7M
Q3 25
$652.9M
$616.1M
Q2 25
$641.2M
$718.3M
Q1 25
$399.1M
$-90.7M
Q4 24
$769.5M
$494.5M
Q3 24
$566.5M
$521.2M
Q2 24
$573.2M
$869.2M
Free Cash Flow
DLR
DLR
TAP
TAP
Q1 26
Q4 25
$357.8M
Q3 25
$483.0M
Q2 25
$555.0M
Q1 25
$-328.0M
Q4 24
$383.4M
Q3 24
$350.4M
Q2 24
$691.7M
FCF Margin
DLR
DLR
TAP
TAP
Q1 26
Q4 25
11.4%
Q3 25
13.9%
Q2 25
14.8%
Q1 25
-12.2%
Q4 24
11.8%
Q3 24
9.7%
Q2 24
18.0%
Capex Intensity
DLR
DLR
TAP
TAP
Q1 26
Q4 25
5.9%
Q3 25
3.8%
Q2 25
4.4%
Q1 25
8.8%
Q4 24
3.4%
Q3 24
4.7%
Q2 24
4.6%
Cash Conversion
DLR
DLR
TAP
TAP
Q1 26
Q4 25
7.29×
2.27×
Q3 25
9.63×
Q2 25
0.62×
1.68×
Q1 25
3.63×
-0.75×
Q4 24
4.06×
1.72×
Q3 24
11.07×
2.61×
Q2 24
7.15×
2.04×

Financial Flow Comparison

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

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