Equinix, Inc.

Equinix, Inc.

846.40
EUR
-36.30
(-4.11%)
13.58EPS
66.93P/E
90.15BMarket Cap
Oct 28Next Earn

Total Valuation

EUR

As of June 30, 2026, Equinix, Inc. carries a market capitalization of 90.15B, placing it among publicly traded companies globally. Its enterprise value stands at 108.66B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap90.15B
Enterprise Value108.66B

Important Dates

Equinix, Inc.'s next confirmed earnings release is scheduled for October 28, 2026.

Earnings Date10/28/2026

Share Statistics

As of June 30, 2026, Equinix, Inc. has 98.67M shares outstanding.

Shares Outstanding98.67M

Valuation Ratios

As of June 30, 2026, Equinix, Inc. trades at a trailing price-to-earnings ratio of 66.93. The price-to-sales ratio is 10.46, and the price-to-book ratio stands at 7.16.

PE Ratio66.93
PS Ratio10.46
PB Ratio7.16
P/TBV Ratio14.17
P/FCF Ratio-70.30
P/OCF Ratio26.03

Enterprise Valuation

As of June 30, 2026, Equinix, Inc. trades at an EV/EBITDA multiple of 28.72 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 12.66 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 58.06 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 108.66B versus a market cap of 90.15B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales12.66
EV / EBITDA28.72
EV / EBIT58.06

Financial Position

As of June 30, 2026, Equinix, Inc. maintains a current ratio of 1.13, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 162.22, indicating elevated leverage, while an interest coverage ratio of 7.60 demonstrates adequate ability to service its debt obligations.

Current Ratio1.13
Quick Ratio0.91
Debt / Equity162.22
Debt / EBITDA5.40
Interest Coverage7.60

Financial Efficiency

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Over the twelve months ended June 30, 2026, Equinix, Inc. posted a return on equity (ROE) of 10.77, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.21 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.84, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.55, useful for judging operating efficiency across full business cycles. The company generates approximately 626,972.75 in revenue per employee across its workforce of 13,688.50, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)10.77
Return on Assets (ROA)3.84
Return on Invested Capital (ROIC)5.21
Return on Capital Employed (ROCE)5.55
Revenue Per Employee626,972.75
Employee Count13,688.50

Taxes

EUR

Over the twelve months ended June 30, 2026, Equinix, Inc. recorded 153.18M in income tax expense. That works out to an effective tax rate of 10.26, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.49B, leaving 1.34B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax153.18M
Effective Tax Rate10.26

Stock Price Statistics

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As of the close on October 22, 2026, Equinix, Inc.'s stock has gained approximately 18.31% over the past 52 weeks. The 50-day moving average sits at 902.00, while the 200-day moving average is 871.95.

52-Week Price Change18.31%
50-Day Moving Average902.00
200-Day Moving Average871.95

Income Statement

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Over the twelve months ended June 30, 2026, Equinix, Inc. generated 8.58B in revenue and converted that into 1.34B in net income, yielding earnings per share of 13.58. EBITDA reached 3.78B, while operating income came in at 1.98B.

Revenue8.58B
Gross Profit4.42B
Operating Income1.98B
Pretax Income1.49B
Net Income1.34B
EBITDA3.78B
EBIT1.87B
Earnings Per Share (EPS)13.58

Balance Sheet

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As of June 30, 2026, Equinix, Inc. holds 1.95B in cash and equivalents against 20.44B in total debt, resulting in a net debt position of 16.39B. Total book value stands at 12.59B, with working capital of 439.40M providing operational flexibility.

Cash & Cash Equivalents1.95B
Total Debt20.44B
Net Debt16.39B
Equity (Book Value)12.59B
Book Value Per Share127.58
Working Capital439.40M

Cash Flow

EUR

Equinix, Inc. produced 3.45B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -4.73B in capital expenditures, free cash flow totaled -1.28B - equivalent to -13.04 per share.

Operating Cash Flow3.45B
Capital Expenditures-4.73B
Free Cash Flow-1.28B
FCF Per Share-13.04

Margins

Over the twelve months ended June 30, 2026, Equinix, Inc. posted a gross margin of 51.49, reflecting its pricing power and cost economics. The operating margin of 23.04 and net profit margin of 15.63 provide insight into operational efficiency.

Gross Margin51.49
Operating Margin23.04
Pretax Margin17.39
Profit Margin15.63
EBITDA Margin44.09

Dividends & Yields

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Over the twelve months ended June 30, 2026, Equinix, Inc. paid dividends of 17.43 per share. The dividend payout ratio of 128.16 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -1.42: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -0.06, meaning Equinix, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share17.43
Payout Ratio128.16
Shareholder Yield-0.06
FCF Yield-1.42

Stock Splits

Equinix, Inc.'s most recent stock split took place on December 31, 2002 with a 32:1 split ratio.

Last Split Date12/31/2002
Split Ratio32:1

Scores

As of June 30, 2026, Equinix, Inc. has an Altman Z-Score of 2.59, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.59