Qts Realty Trust Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Qts Realty Trust Inc (QTS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Qts Realty Trust Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 585M vs 31,026M combined for its competitors (1.9% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+6.1% annualized vs trailing 12 months), vs decelerating (-23.8%) for its tracked peer group.
- Growth: Qts Realty Trust Inc generated 17.9% revenue growth year over year in Q2 2021, vs 20.0% for its competitors combined.
- Profitability: Its 2.7% net margin compares with 17.2% for the peer group.
- Peer revenue share: Qts Realty Trust Inc accounted for 2.6% of combined revenue among its tracked peer group, down from 2.6% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
QTS Sales vs. its Competitors, Q2 2021
Qts Realty Trust Inc reported revenue growth of 17.91 % year on year in Q2 2021, below its competitors' combined revenue growth of 20.04 %.
With a net margin of 2.71 %, Qts Realty Trust Inc reported lower profitability than its competitors (17.18 %).
Qts Realty Trust Inc generated 2.56 % of the combined sales of its peer group, down from 2.61 % a year earlier.
API endpoints for this dataset
Qts Realty Trust Inc vs. its Competitors, Q2 2021
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Qts Realty Trust Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Qts Realty Trust Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Qts Realty Trust Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (4) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Qts Realty Trust Inc's competitor groups requires a Commercial License.
For context: the Real Estate Investment Trusts industry grew revenue -1.0% year over year, combined, vs 17.9% for Qts Realty Trust Inc. Qts Realty Trust Inc's share of combined industry revenue moved from 0.18% to 0.21%, a gain of 0.03 percentage points.
Qts Realty Trust Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Qts Realty Trust Inc | Yes | Yes | Yes | No |
| Competitors combined (7) | ||||
| High-Confidence Competitors (4) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
QTS Stock Performance relative to its Competitors
QTS Stock Performance relative to High-Confidence Competitors
QTS Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Digitalbridge Group Inc | 282.9% | Outperformed |
| 2 | Equinix Inc | 282.9% | Outperformed |
| 3 | American Tower Corporation | 282.9% | Outperformed |
| 4 | Digital Realty Trust Inc | 282.9% | Outperformed |
| 5 | Sba Communications Corporation | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Qts Realty Trust Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Qts Realty Trust Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Qts Realty Trust Inc |
5,406.98 | 585.39 |
 Equinix Inc |
100,538.81 | 9,855.00 |
 American Tower Corporation |
87,930.45 | 11,009.50 |
 Cencora Inc |
65,171.95 | 328,680.02 |
 Digital Realty Trust Inc |
62,980.62 | 6,771.12 |
 Sba Communications Corporation |
20,128.53 | 2,870.62 |
| SUBTOTAL | 345,803.41 | 360,291.12 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Qts Realty Trust Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Qts Realty Trust Inc's Competitors Named by the Company
Competitive relationships identified from Qts Realty Trust Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Core Scientific Inc | Company report | 85% |
| Calethos Inc | Company report | 85% |
| Switch Inc | Company report | 85% |
| Digital Realty Trust Inc | Company report | 85% |
| Equinix Inc | Company report | 85% |
| Digitalbridge Group Inc | Company report | 85% |
| Cencora Inc | Company report | 85% |
| Sba Communications Corporation | Company report | 85% |
| American Tower Corporation | Company report | 85% |
Company report basis, confidence, active dates and source counts for Qts Realty Trust Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Qts Realty Trust Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Equinix Inc | Americas 45.77 % |
| American Tower Corporation | Property 98.15 % |
| Cencora Inc | U.S. Healthcare Solutions 87.76 % |
| Sba Communications Corporation | Domestic Site Leasing Revenue 64.01 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Qts Realty Trust Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Qts Realty Trust Inc | 5,407 | - | - |
| Equinix Inc | 100,539 | 718,504 | 119,933 |
| American Tower Corporation | 87,930 | 2,262,536 | 695,356 |
| Cencora Inc | 65,172 | 6,444,706 | 50,046 |
| Digital Realty Trust Inc | 62,981 | 1,848,013 | 215,043 |
| Sba Communications Corporation | 20,129 | 1,556,736 | 538,085 |
| PEERS TOTAL | 340,396 | 4,765,703 | 125,401 |
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Qts Realty Trust Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Digital Realty Trust Inc | US 51.02 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Qts Realty Trust Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Real Estate Investment Trusts industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (283 companies). See the full Real Estate Investment Trusts industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.00 % | 42.02 % (avg) | -42.0 pp |
| Operating Margin | 10.51 % | industry median | -16.2 pp |
| EBITDA Margin | 39.82 % | 38.49 % (avg) | +1.3 pp |
| Capital Intensity (Capex / Revenue) | 145.13 % | 28.31 % (avg) | +116.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Qts Realty Trust Inc's Valuation vs Competitive Position
Valuation multiples vs the Real Estate Investment Trusts industry average (283 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Real Estate Investment Trusts industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 30.7x | - |
| EV / EBITDA | 29.4x | 17.6x | +11.8x |
| P/B | 2.6x | 1.9x | +0.7x |
| Return on Equity | 0.46 % | industry aggregate | -5.84 % |
| Return on Invested Capital | 0.95 % | 2.23 % (avg) | -1.28 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Qts Realty Trust Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Revenue Growth | - | -11.67 % | 0.90 % | 6.72 % | 12.18 % |
| Operating Margin | 9.09 % | 9.43 % | 4.14 % | 12.72 % | 12.17 % |
| Return on Invested Capital | 1.59 % | 1.04 % | 0.37 % | 1.11 % | 1.00 % |
| P/E | 97.1x | 659.4x | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Qts Realty Trust Inc's Strategic Group Map
Qts Realty Trust Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Qts Realty Trust Inc's trailing-12-month revenue growth of 15.5% and operating margin of 10.5% compares with an average of 15.5% growth and 11.2% margin across its 8 closest peers by combined growth, margin and ROIC -- Qts Realty Trust Inc sits below that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Qts Realty Trust Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 145.13 % vs industry average 28.31 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Qts Realty Trust Inc's dedicated Suppliers and Customers pages, not here.
Qts Realty Trust Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Qts Realty Trust Inc falls in the Medium attractiveness / High strength cell: Invest / Grow.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Qts Realty Trust Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+6.1% annualized vs trailing 12 months).
Weaknesses
- Operating margin 16.2 points below the industry median.
- Return on equity 5.8 points below the industry aggregate.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-23.8% annualized).
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: see Methodology: SWOT Analysis.
Qts Realty Trust Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Qts Realty Trust Inc | 0.06 | 0.38 | 1.20 |
| Equinix Inc | 0.38 | 1.23 | 0.76 |
| American Tower Corporation | 0.20 | 0.34 | 5.53 |
| Cencora Inc | 0.06 | 0.91 | 3.87 |
| Digital Realty Trust Inc | 1.04 | 1.62 | 0.24 |
| Sba Communications Corporation | 0.11 | 0.26 | - |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Qts Realty Trust Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Qts Realty Trust Inc | Q2 2021 | +17.9 % | -58.9 % |
| Equinix Inc | Q3 2026 | +8.3 % | +30.7 % |
| American Tower Corporation | Q3 2026 | +2.5 % | -14.4 % |
| Cencora Inc | Q1 2026 | +3.8 % | +127.1 % |
| Digital Realty Trust Inc | Q2 2026 | +28.9 % | -56.7 % |
| Sba Communications Corporation | Q2 2026 | +2.3 % | -12.9 % |
| PEERS TOTAL | +4.4 % | +8.6 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Qts Realty Trust Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Qts Realty Trust Inc | Q2 2021 | - | +15.8 % |
| Equinix Inc | Q3 2026 | +10.1 % | +9.8 % |
| American Tower Corporation | Q3 2026 | +10.3 % | -14.6 % |
| Cencora Inc | Q1 2026 | +3.3 % | - |
| Digital Realty Trust Inc | Q2 2026 | - | +29.8 % |
| Sba Communications Corporation | Q2 2026 | +228.8 % | +11.7 % |
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Qts Realty Trust Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Qts Realty Trust Inc | 0.21% | 0.18% | 0.46% |
| Equinix Inc | 3.95% | 4.39% | 11.47% |
| American Tower Corporation | 5.36% | 4.51% | 33.40% |
| Cencora Inc | 3.31% | 14.72% | 109.91% |
| Digital Realty Trust Inc | 1.56% | 1.17% | 3.20% |
| Sba Communications Corporation | 8.57% | 8.75% | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Qts Realty Trust Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Qts Realty Trust Inc | - | 9.24 |
| Equinix Inc | 60.75 | 10.20 |
| American Tower Corporation | 26.63 | 7.99 |
| Cencora Inc | 25.56 | 0.20 |
| Digital Realty Trust Inc | 84.56 | 9.30 |
| Sba Communications Corporation | 20.48 | 7.01 |
| PEERS AVERAGE | 36.50 | 0.96 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.