Equinix Inc

Equinix Inc

EQIX · NASDAQ · Real Estate / REIT - Specialty

1,053.79USD-18.98 (-1.77%)

Price History

Full chart

Market Stats

Previous Close1,072.77
Open1,072.00
Day Range1,041.28 – 1,079.00
52-Week Range709.79 – 1,118.65
Volume445.90K
Market Cap94.23B
P/E (TTM)61.46
Forward P/E52.08
EPS15.54
Dividend Yield2.16%
Beta0.97
50-Day Avg1,030.66
200-Day Avg1,005.44

About

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.

Company Details

  • SectorReal Estate
  • IndustryREIT - Specialty
  • CEOMs. Adaire Rita Fox-Martin
  • Employees13.72K
  • HeadquartersOne Lagoon Drive, Redwood City, CA, United States, 94065-1562, USA
  • Websitehttps://www.equinix.com

Leadership

  • Mr. Charles John MeyersExecutive Chairman · b. 1966
  • Ms. Adaire Rita Fox-MartinPresident, CEO & Director · b. 1964
  • Mr. Raouf F. AbdelExecutive Vice President of Global Operations · b. 1968
  • Mr. Keith D. TaylorSpecial Advisor · b. 1962
  • Mr. Michael Shane PaladinExecutive VP & Chief Customer and Revenue Officer · b. 1978
  • Mr. Olivier C. LeonettiChief Financial Officer · b. 1965
  • Mr. Ryan C. BurkeVice President of Investor Relations
  • Mr. Kurt PletcherChief Legal Officer · b. 1971
  • Mr. DD DasguptaChief Marketing Officer
  • Ms. Brandi Galvin Morandi J.D.Chief People Officer · b. 1973

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue37.10K13.02M63.41M77.19M117.94M163.67M221.06M286.92M419.44M704.68M882.51M1.22B1.61B1.90B2.15B2.44B2.73B3.61B4.37B5.07B5.56B6.00B6.64B7.26B8.19B8.75B9.26B
Growth (%)-+34983.56%+387.20%+21.72%+52.80%+38.77%+35.06%+29.79%+46.19%+68.00%+25.24%+38.28%+31.67%+17.98%+13.56%+13.52%+11.54%+32.51%+20.94%+16.10%+9.67%+7.85%+10.62%+9.46%+12.74%+6.84%+5.85%
Cost of Revenue-5.16M-10.52M94.89M104.07M128.12M136.95M158.35M188.38M263.75M414.80M483.42M652.16M829.02M944.62M1.06B1.20B1.29B1.82B2.19B2.61B2.81B3.07B3.47B3.75B4.23B4.47B4.51B
Gross Profit5.19M23.54M-31.48M-26.89M-10.18M26.72M62.70M98.54M155.70M289.88M399.09M544.06M736.60M942.76M1.09B1.25B1.43B1.79B2.18B2.47B2.75B2.92B3.16B3.51B3.96B4.28B4.75B
Gross Margin13994.61%180.82%-49.63%-34.83%-8.63%16.33%28.37%34.34%37.12%41.14%45.22%44.58%45.84%49.73%50.56%50.98%52.62%49.59%49.80%48.63%49.48%48.75%47.67%48.35%48.36%48.94%51.32%
Operating Expense24.97M130.64M123.79M74.79M53.78M68.78M99.48M96.62M145.58M216.62M218.01M350.45M430.68M549.86M627.43M736.63M867.02M1.17B1.37B1.49B1.58B1.87B2.05B2.31B2.52B2.95B2.90B
Operating Income-19.78M-107.11M-155.26M-101.68M-63.95M-42.06M-36.77M1.91M10.12M73.26M181.08M193.60M305.92M392.90M460.93M509.27M567.34M618.74M809.01M977.38M1.17B1.05B1.11B1.20B1.44B1.33B1.85B
Operating Margin-53320.75%-822.90%-244.84%-131.73%-54.23%-25.70%-16.64%0.67%2.41%10.40%20.52%15.86%19.04%20.73%21.41%20.84%20.81%17.13%18.52%19.27%21.03%17.55%16.70%16.52%17.62%15.18%19.96%
EBITDA-11.54M-53.95M-30.81M-5.85M10.45M41.76M72.00M76.22M122.70M241.03M356.79M449.43M658.70M787.53M793.54M836.98M1.04B1.39B1.81B2.18B2.46B2.35B2.60B2.92B3.37B3.44B4.07B
EBITDA Margin-31094.34%-414.53%-48.59%-7.58%8.86%25.51%32.57%26.57%29.25%34.20%40.43%36.83%40.99%41.54%36.86%34.25%37.99%38.46%41.39%43.02%44.18%39.11%39.20%40.23%41.16%39.33%43.97%
Net Income-20.79M-119.79M-188.41M-21.62M-84.17M-68.63M-42.61M-6.40M-5.19M131.54M69.43M36.88M94.00M144.67M94.69M-259.55M187.77M126.80M232.98M365.36M507.45M369.78M500.19M704.35M969.18M815.00M1.35B
Net Income Margin-56039.35%-920.33%-297.12%-28.01%-71.37%-41.93%-19.28%-2.23%-1.24%18.67%7.87%3.02%5.85%7.63%4.40%-10.62%6.89%3.51%5.33%7.20%9.12%6.16%7.54%9.70%11.84%9.32%14.58%
R&D-----------0000000.040.070.090.120.090.090.110.14--
R&D as % of Total Revenue-----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense00035.10M20.51M11.50M8.88M14.88M27.33M61.68M74.23M140.47M181.30M200.33M248.79M270.55M299.06M392.16M478.70M521.49M479.68M406.47M336.08M356.00M402.00M457.00M569.00M
Interest Expense % of Total Revenue0.00%0.00%0.00%45.47%17.39%7.02%4.02%5.18%6.52%8.75%8.41%11.51%11.28%10.57%11.56%11.07%10.97%10.86%10.96%10.28%8.62%6.78%5.06%4.90%4.91%5.22%6.14%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets319.95M683.49M575.05M492.00M464.53M501.80M681.00M771.83M2.18B2.45B3.04B4.45B5.79B6.13B7.49B7.82B10.36B12.61B18.70B20.24B23.97B27.04B27.92B30.31B32.65B35.09B40.14B
Total Liabilities214.25M308.37M371.53M207.81M144.46M228.09M392.32M416.80M1.37B1.56B1.86B2.57B3.77B3.71B4.91B5.55B7.61B8.24B11.85B13.03B15.13B16.40B17.04B18.80B20.14B21.53B25.96B
Total Equity105.70M375.12M203.52M284.19M320.08M273.71M288.67M355.03M814.43M892.72M1.18B1.88B2.02B2.42B2.58B2.27B2.75B4.37B6.85B7.22B8.84B10.63B10.88B11.51B12.51B13.55B14.16B
Cash203.16M174.77M58.83M41.22M60.43M25.94M119.27M82.56M290.63M220.21M346.06M442.84M278.82M252.21M261.89M610.92M2.23B748.48M1.41B606.17M1.87B1.60B1.54B1.91B2.10B3.08B1.73B
Total Debt197.16M196.84M306.43M155.00M98.60M157.28M269.74M279.85M1.11B1.24B1.48B2.05B3.10B3.01B4.16B4.68B6.52B6.76B10.08B11.33B13.29B13.92B14.99B16.47B17.46B17.12B22.73B
Net Debt-6.01M22.07M247.60M113.78M38.17M131.34M150.48M197.28M815.51M1.02B1.14B1.61B2.82B2.76B3.90B4.07B4.27B6.01B8.67B10.73B11.42B12.32B13.46B14.56B15.36B14.04B21.00B

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-9.91M-68.07M-68.85M-27.51M-17.27M36.91M67.59M75.41M120.02M267.56M355.49M392.87M587.27M632.03M604.61M689.42M894.79M1.02B1.44B1.82B1.99B2.31B2.55B2.96B3.34B3.25B3.91B
Investing Cash Flow-86.27M-302.16M-153.01M-7.53M-15.62M-56.87M-108.72M-158.47M-1.05B-486.72M-558.18M-600.97M-1.50B-442.87M-1.17B-435.84M-1.13B-2.05B-5.40B-3.08B-1.94B-3.43B-3.01B-3.36B-3.22B-3.94B-6.48B
Financing Cash Flow295.18M339.85M107.80M16.92M52.29M19.24M134.61M46.11M1.15B143.69M323.60M309.69M748.73M-222.72M574.91M107.40M1.87B-897.07M4.61B470.91M1.20B815.53M413.76M856.77M59.91M1.72B1.27B
Capital Expenditure42.39M370.77M57.79M6.51M7.75M22.93M45.41M162.29M537.34M471.13M369.54M594.26M713.40M764.50M572.41M660.20M868.12M1.11B1.38B2.10B2.08B2.28B2.75B2.28B2.78B3.07B4.31B
Free Cash Flow-52.29M-438.84M-126.64M-34.02M-25.02M13.98M22.18M-86.88M-417.32M-203.57M-14.05M-201.39M-126.13M-132.47M32.20M29.22M26.67M-94.01M60.51M-280.75M-86.79M27.32M-204.31M685.18M562.12M183.00M-400.00M
Dividends Paid-----------0806.44M0083.27M521.46M499.46M621.50M738.60M836.16M947.93M1.04B1.15B1.37B1.64B1.86B
FCF to OCF527.80%644.66%183.93%123.66%144.89%37.87%32.82%-115.21%-347.71%-76.08%-3.95%-51.26%-21.48%-20.96%5.33%4.24%2.98%-9.22%4.20%-15.46%-4.36%1.18%-8.02%23.12%16.81%5.63%-10.23%
Dividend Paid to FCF-----------0.00%-639.36%0.00%0.00%284.99%1955.01%-531.28%1027.13%-263.08%-963.40%3469.49%-510.46%168.05%244.46%897.81%-464.00%

Earnings

Report DateOct 18, 2000Feb 7, 2001Apr 18, 2001Jul 18, 2001Oct 17, 2001Feb 14, 2002Apr 24, 2002Jun 30, 2002Nov 5, 2002Feb 15, 2003Mar 31, 2003Aug 1, 2003Oct 27, 2003Feb 4, 2004Apr 22, 2004Jul 28, 2004Oct 26, 2004Feb 9, 2005Apr 27, 2005Jul 27, 2005Oct 25, 2005Feb 8, 2006Apr 26, 2006Aug 14, 2006Oct 25, 2006Feb 7, 2007Apr 26, 2007Jul 25, 2007Oct 30, 2007Feb 13, 2008Apr 23, 2008Jul 23, 2008Oct 22, 2008Feb 11, 2009Apr 22, 2009Jul 22, 2009Oct 21, 2009Feb 10, 2010Apr 21, 2010Jul 28, 2010Oct 26, 2010Feb 9, 2011Apr 27, 2011Jul 27, 2011Oct 26, 2011Feb 15, 2012Apr 25, 2012Jul 25, 2012Nov 1, 2012Feb 13, 2013Apr 24, 2013Jul 24, 2013Oct 23, 2013Feb 19, 2014Apr 30, 2014Jul 30, 2014Oct 29, 2014Feb 19, 2015Apr 29, 2015Jul 29, 2015Oct 28, 2015Feb 18, 2016May 4, 2016Aug 3, 2016Nov 2, 2016Feb 15, 2017Apr 26, 2017Aug 2, 2017Nov 1, 2017Feb 14, 2018May 2, 2018Aug 8, 2018Nov 1, 2018Feb 13, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 12, 2020May 6, 2020Jul 29, 2020Oct 28, 2020Feb 10, 2021Apr 28, 2021Jul 28, 2021Nov 3, 2021Feb 16, 2022Apr 27, 2022Jul 27, 2022Nov 2, 2022Feb 15, 2023May 3, 2023Aug 2, 2023Oct 25, 2023Feb 14, 2024May 8, 2024Aug 7, 2024Oct 30, 2024Feb 12, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Feb 11, 2026Apr 29, 2026Jul 29, 2026Oct 28, 2026Nov 4, 2026
EPS Estimate-14.89-20.41-18.25-17.63-15.38-12.55-10.74-11.190.38---2.15-1.28-0.99-0.58-0.40-0.28-0.16-0.07-0.08-0.21-0.05-0.18-0.19-0.01-0.05-0.05-0.06-0.07-0.120.150.170.250.170.340.310.320.450.240.290.240.290.470.430.410.510.610.600.590.770.600.620.820.680.780.881.000.811.151.191.140.810.570.690.740.881.141.201.221.050.941.011.211.451.571.671.571.811.631.711.501.751.841.601.411.621.831.791.722.172.112.152.172.642.702.962.742.973.443.433.884.3310.149.289.28
EPS Actual-16.00-18.24-16.33-15.36-13.44-10.28-9.92-7.94-9.07-9.37-3.00-2.44-2.12-1.49-0.92-0.51-0.36-0.27-0.26-0.04-0.030.050.10-0.18-0.080.02-0.050.050.20-0.160.150.060.220.320.380.440.470.420.480.220.280.430.550.630.240.330.690.750.630.920.720.760.691.190.771.220.77-0.541.351.190.890.18-0.610.560.620.860.570.581.020.820.790.851.551.361.441.691.411.461.381.520.740.571.740.761.681.361.622.372.301.392.772.212.932.402.433.163.102.973.593.793.893.374.1711.78--
Surprise-7.45%10.63%10.52%12.88%12.61%18.09%7.63%--181.05%-2565.79%--1.40%-16.41%7.07%12.07%10.00%3.57%-62.50%42.86%62.50%123.81%300.00%0.00%57.89%300.00%0.00%200.00%433.33%-128.57%225.00%-60.00%29.41%28.00%123.53%29.41%51.61%31.25%6.67%-8.33%-3.45%79.17%89.66%34.04%-44.19%-19.51%35.29%22.95%5.00%55.93%-6.49%26.67%11.29%45.12%13.24%56.41%-12.50%-154.00%66.67%3.48%-25.21%-84.21%-175.31%-1.75%-10.14%16.22%-35.23%-49.12%-15.00%-32.79%-24.76%-9.57%53.47%12.40%-0.69%7.64%-15.57%-7.01%-23.76%-6.75%-56.73%-62.00%-0.57%-58.70%5.00%-3.55%0.00%29.51%28.49%-19.19%27.65%4.74%36.28%10.60%-7.95%17.04%4.73%8.39%20.88%10.17%13.41%-13.14%-3.70%16.17%--
TimingAfter-hoursAfter-hours-After-hoursAfter-hours-After-hours-----After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap94.23B
Enterprise Value122.36B
Trailing P/E61.46
Forward P/E52.08
PEG Ratio2.98
Price / Sales9.51
Price / Book7.27
EPS15.54
Book Value145.76
Revenue (TTM)9.90B
Gross Profit (TTM)5.15B
EBITDA4.54B
Profit Margin15.48%
Operating Margin27.02%
Return on Equity10.74%
Return on Assets3.68%
Shares Outstanding98.67M
Shares Float98.29M
Beta0.97
Dividend Yield2.16%
Dividend Rate20.64
Payout Ratio86.90%

Analyst Ratings

Strong Buy
Based on 35 analystsTarget 1,231.88
  • Strong Buy
    24
  • Buy
    5
  • Hold
    6

Ownership Breakdown

Institutions
100.78%
Insiders
0.27%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    11.44M11.60%
  • Vanguard Capital Management, LLC
    6.44M6.53%
  • Vanguard Portfolio Management, LLC
    6.10M6.18%
  • State Street Corp
    6.03M6.11%
  • FMR Inc
    2.87M2.91%
  • Geode Capital Management, LLC
    2.55M2.58%
  • Cohen & Steers Inc
    2.19M2.22%
  • Principal Financial Group Inc
    1.90M1.93%
  • JPMorgan Chase & Co
    1.76M1.78%
  • Northern Trust Corp
    1.55M1.57%
  • T. Rowe Price Associates, Inc.
    1.45M1.47%
  • Coatue Management LLC
    1.27M1.29%
  • Charles Schwab Investment Management Inc
    1.24M1.26%
  • UBS Asset Mgmt Americas Inc
    1.24M1.26%
  • Dimensional Fund Advisors, Inc.
    1.22M1.24%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    3.73M3.78%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.13M3.17%
  • Vanguard 500 Index Investor
    2.59M2.63%
  • iShares Core S&P 500 ETF
    1.31M1.33%
  • Fidelity 500 Index
    1.28M1.30%

Dividends

20263×
5.16Aug 19, 20265.16May 20, 20265.16Feb 25, 2026
20254×
4.69Nov 19, 20254.69Aug 20, 20254.69May 21, 20254.69Feb 26, 2025
20244×
4.26Nov 13, 20244.26Aug 21, 20244.26May 21, 20244.26Feb 27, 2024
20234×
4.26Nov 14, 20233.41Aug 22, 20233.41May 23, 20233.41Mar 6, 2023
20224×
3.10Nov 15, 20223.10Aug 16, 20223.10May 17, 20223.10Mar 4, 2022
20214×
2.87Nov 16, 20212.87Aug 17, 20212.87May 18, 20212.87Feb 23, 2021
20201×
2.66Nov 17, 2020

Stock Splits

  • Dec 31, 20021:32