Equinix, Inc. EQIX SPX

Real Estate · REIT - Specialty · United States

https://www.equinix.com

Equinix, Inc. shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI quickly, efficiently and everywhere. Equinix, Inc. was established on June 22, 1998 and is based in Redwood City, United States.

Market & Price

Market Cap

$105.33B

Current Price

$1,068.04

High / Low (52W)

$1,109.80 / $718.60

Beta

1.00

Valuation

Stock P/E

74.07

Industry PE

26.58

Forward P/E

55.56

PEG Ratio

3.50

Book Value

$144.98

Price to Book

7.37

P/S

11.06

EV/EBITDA

29.74

Dividend Yield

1.84%

Profitability & Returns

ROCE

5.61%

ROE

10.06%

ROA

3.50%

Profit Margin

14.93%

Op Margin

24.34%

EPS (Latest Qtr)

$4.20

EPS (TTM)

$14.42

Balance Sheet & Liquidity

Debt/Equity

1.63

Quick Ratio

0.55

Current Ratio

1.18

Debt

$23.34B

Total Assets

$40.14B

Current Assets

$5.12B

Working Capital

$1.23B

Ownership

Promoter Holding

0.27%

Chg in Prom Hold

FII / Inst Holding

100.06%

Chg in FII Hold

0.01%

Financial Snapshot

Enterprise Value

$127.33B

Total Revenue (TTM)

$9.53B

EBITDA

$4.28B

Free Cash Flow

$2.73B

Operating Cash Flow

$3.82B

Shares Outstanding

98.62M

Gross Margin

51.61%

Payout Ratio

132.99%

Growth (CAGR)

Revenue 5Y

8.27%

Profit 5Y

24.18%

Revenue (YoY)

12.10%

Earnings (YoY)

20.00%

PROS

Profit CAGR of 24.2% over 5 years.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

Trading at a high P/E of 74.1.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Real Estate).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	EQIX Equinix, Inc. SPX	1,068.04	74.07	$105.33B	1.84%	5.61%	10.06%	8.27%	24.18%
2	WELL Welltower Inc. SPX	205.33	99.19	$144.95B	1.44%	0.26%	3.67%	22.69%	87.90%
3	PLD Prologis, Inc. SPX	143.47	36.14	$133.76B	2.98%	4.94%	6.84%	13.74%	-0.36%
4	AMT American Tower Corporation SPX	186.96	30.11	$87.10B	3.73%	7.82%	29.95%	3.34%	12.73%
5	SPG Simon Property Group, Inc. SPX	204.91	14.25	$77.86B	4.29%	17.44%	113.59%	6.35%	29.32%
6	DLR Digital Realty Trust, Inc. SPX	190.00	50.53	$67.96B	2.57%	3.99%	5.69%	9.22%	51.32%
7	O Realty Income Corporation SPX	61.28	50.23	$57.14B	5.30%	3.27%	2.83%	19.80%	6.78%
8	PSA Public Storage SPX	303.69	31.34	$53.31B	3.95%	10.69%	20.18%	4.88%	-25.69%
9	VTR Ventas, Inc. SPX	84.42	153.49	$41.04B	2.37%	3.28%	2.14%	12.21%	209.94%

Quarterly Results

Figures in USD.

Metric	Sep 2015	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.36B	1.38B	1.40B	-	1.44B	1.47B	1.52B	-	1.60B	1.66B	1.68B	1.73B	1.82B	1.84B	2.23B	2.02B	2.06B	2.13B	2.16B	2.20B	-	2.23B	2.26B	2.32B	2.42B	2.44B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08B	1.08B	1.14B	1.20B	1.19B
Gross Profit	361.18M	378.49M	416.48M	443.54M	454.37M	476.73M	480.56M	544.22M	569.90M	580.60M	593.45M	610.14M	623.44M	639.15M	681.19M	686.80M	692.47M	691.50M	708.26M	730.78M	751.79M	733.38M	-	-	-	-	-	-	-	-	-	-	-	-	-	1.14B	1.17B	1.17B	1.22B	1.26B
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	667.00M	672.00M	689.00M	715.00M	685.00M
Operating Income	140.88M	-	112.69M	151.66M	169.94M	-	167.21M	184.90M	224.86M	-	225.88M	215.04M	265.75M	-	279.51M	291.78M	285.37M	-	253.48M	282.49M	288.35M	-	297.66M	278.65M	282.12M	267.32M	317.85M	333.16M	384.00M	332.00M	381.00M	364.00M	436.00M	425.00M	-	474.00M	500.00M	485.00M	507.00M	573.00M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	994.00M	1.04B	1.06B	1.00B	1.16B
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	122.00M	135.00M	128.00M	142.00M	148.00M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	392.00M	405.00M	399.00M	312.00M	471.00M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49.00M	38.00M	25.00M	48.00M	56.00M
Net Income	41.13M	10.73M	-31.11M	44.71M	51.45M	61.75M	42.06M	45.80M	79.90M	65.22M	62.89M	67.62M	124.83M	110.02M	118.08M	143.53M	120.85M	125.00M	118.79M	133.30M	66.69M	50.99M	156.36M	68.34M	152.22M	147.45M	216.32M	211.81M	259.00M	207.00M	276.00M	231.00M	301.00M	297.00M	-	343.00M	368.00M	374.00M	265.00M	415.00M
Diluted EPS	0.71	0.18	-0.46	0.64	0.72	0.86	0.57	0.58	1.02	0.82	0.79	0.85	1.55	1.36	1.44	1.69	1.41	1.46	1.38	1.52	0.74	0.57	1.74	0.76	1.68	1.62	2.37	2.30	2.77	2.21	2.93	2.43	3.16	3.10	-	3.50	3.75	3.81	2.69	4.20

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	-	-	-	-	5.56B	6.00B	-	7.26B	8.19B	8.75B	9.22B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.75B	4.23B	4.47B	4.51B
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.51B	3.96B	4.28B	4.71B
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.29B	2.51B	2.66B	2.74B
Operating Income	73.26M	181.08M	193.60M	305.92M	392.90M	460.93M	509.27M	567.34M	618.74M	809.01M	977.38M	1.17B	1.05B	-	1.23B	1.45B	1.62B	1.97B
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.92B	3.37B	3.44B	4.10B
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	356.00M	402.00M	457.00M	527.00M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	829.00M	1.12B	975.00M	1.51B
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124.00M	155.00M	161.00M	160.00M
Net Income	107.92M	69.43M	36.88M	94.78M	140.03M	94.69M	-259.55M	187.77M	126.80M	232.98M	365.36M	507.45M	369.78M	-	705.00M	969.00M	815.00M	1.35B
Diluted EPS	2.79	1.75	0.82	1.74	2.83	1.89	-4.96	3.21	1.79	3.00	4.56	5.99	4.18	-	7.67	10.31	8.50	13.76

Compounded Sales Growth

5 Years:	8.27%
1 Year:	12.10%

Compounded Profit Growth

5 Years:	24.18%
1 Year:	20.00%

Stock Price Performance

1 Year:	+22.90%
6 Months:	+44.25%
3 Months:	+10.17%
1 Month:	-1.45%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Mar 2013	Jun 2013	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	3.04B	4.45B	5.79B	6.14B	-	-	7.49B	7.78B	10.36B	12.61B	18.69B	20.24B	23.97B	27.01B	-	30.31B	32.65B	35.09B	40.14B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.31B	3.57B	5.45B	5.12B
Cash & Equivalents	290.63M	220.21M	346.06M	442.84M	278.82M	252.21M	685.02M	517.50M	261.89M	610.92M	2.23B	748.48M	1.41B	606.17M	1.87B	1.60B	-	1.91B	2.10B	3.08B	1.73B
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	855.38M	1.00B	949.00M	1.00B
Total Liabilities	-	-	1.86B	2.57B	3.77B	3.74B	-	-	4.91B	5.51B	7.61B	8.24B	11.84B	13.03B	15.13B	16.37B	-	18.80B	20.14B	21.53B	25.96B
Current Liabilities	-	-	315.46M	318.12M	725.25M	549.07M	-	-	546.50M	643.76M	1.66B	1.03B	1.24B	1.52B	2.16B	2.02B	-	1.84B	3.16B	3.35B	3.89B
Long Term Debt	-	-	-	-	2.70B	2.45B	-	-	3.27B	3.50B	5.25B	5.31B	8.47B	9.89B	10.40B	10.63B	-	12.75B	12.72B	14.01B	17.60B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16.47B	17.45B	18.96B	22.73B
Total Equity	861.99M	916.66M	1.18B	1.86B	1.94B	2.31B	-	-	2.46B	2.27B	2.75B	4.37B	6.85B	7.22B	8.84B	10.63B	-	11.51B	12.49B	13.53B	14.16B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92.81M	94.63M	97.39M	98.29M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	267.56M	355.49M	392.87M	587.32M	632.03M	604.61M	689.42M	894.82M	1.02B	1.44B	1.82B	1.99B	2.31B	-	2.96B	3.22B	3.25B	3.91B
Investing Cash Flow	-478.04M	-558.18M	-600.97M	-1.50B	-442.87M	-1.17B	-435.84M	-637.80M	-2.05B	-5.40B	-3.08B	-1.94B	-3.43B	-	-3.36B	-3.22B	-3.94B	-6.48B
Financing Cash Flow	145.11M	323.60M	309.69M	748.73M	-222.72M	574.91M	107.40M	1.87B	-897.07M	4.61B	470.91M	1.20B	815.53M	-	857.00M	211.00M	1.72B	1.27B
Capital Expenditure	-	-	-14.86M	-	-	-	-	-	-	-	-	-	-	-	-2.28B	-2.78B	-3.07B	-4.31B
Free Cash Flow	-	-	378.01M	-	-	-	-	-	-	-	-	-	-	-	685.00M	436.00M	183.00M	-400.00M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	457.00M	204.00M	1.03B	-1.30B
Share Buybacks	-	-	-	86.67M	13.36M	48.80M	297.96M	0	0	-	-	-	-	-	-	-	-	-
Dividends Paid	-	-	-	-	-	-	83.27M	521.46M	499.46M	621.50M	738.60M	836.16M	947.93M	1.04B	1.15B	1.38B	1.64B	1.86B

Ratios (Annual)

Figures in %.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48.4%	48.4%	48.9%	51.1%
Operating Margin %	-	-	-	-	-	-	-	-	-	-	-	21.0%	17.6%	-	16.9%	17.7%	18.6%	21.3%
Net Margin %	-	-	-	-	-	-	-	-	-	-	-	9.1%	6.2%	-	9.7%	11.8%	9.3%	14.6%
ROE %	11.8%	5.9%	2.0%	4.9%	6.1%	3.9%	-11.4%	6.8%	2.9%	3.4%	5.1%	5.7%	3.5%	-	6.1%	7.8%	6.0%	9.5%
ROCE %	-	6.7%	4.7%	6.0%	7.0%	6.6%	7.1%	6.5%	5.3%	4.6%	5.2%	5.4%	4.2%	-	4.3%	4.9%	5.1%	5.4%

Shareholding Pattern

Insiders

0.27%

Institutions

100.06%

Public Float

100.33%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	11.29%	11.13M	$11.89B
2	Vanguard Capital Management LLC	6.48%	6.39M	$6.82B
3	State Street Corporation	6.16%	6.08M	$6.49B
4	Vanguard Portfolio Management LLC	6.09%	6.00M	$6.41B
5	Cohen & Steers Inc.	2.87%	2.83M	$3.02B
6	FMR, LLC	2.86%	2.82M	$3.01B
7	Geode Capital Management, LLC	2.51%	2.48M	$2.65B
8	Principal Financial Group, Inc.	2.01%	1.98M	$2.12B
9	JPMORGAN CHASE & CO	1.99%	1.96M	$2.09B
10	Northern Trust Corporation	1.52%	1.50M	$1.60B

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for EQIX

No recent headlines available.

EQIX · Real Estate

Equinix, Inc.

About

Key Facts

Sector	Real Estate
Industry	REIT - Specialty
Headquarters	United States
Employees	13,716
Website	https://www.equinix.com

Press Esc or click outside to close.

Explore More

📊 Real Estate Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All USA Stocks

Equinix, Inc. EQIX SPX

Market & Price

Valuation

Profitability & Returns

Balance Sheet & Liquidity

Ownership

Financial Snapshot

Growth (CAGR)

PROS

CONS

Price Chart

Technical Trend

Fundamental Growth

Peer comparison

Quarterly Results

Profit & Loss (Annual)

Compounded Sales Growth

Compounded Profit Growth

Stock Price Performance

Balance Sheet (Annual)

Cash Flows (Annual)

Ratios (Annual)

Shareholding Pattern

Top Institutional Holders

Analyst View

Latest News

Explore More