Equinix Inc (EQIX)
Real Estate · Data Center REITs · US stock · S&P 500 component
$985.98
▼ -10.28 (1.03%)
Day's range
$969.42 – $1,002.50
52-week range
$709.79 – $1,118.65
About Equinix Inc
Data centres where companies place servers and connect their networks to one another are the core of Equinix. Its customers include cloud and content providers, network operators, financial firms and enterprises, which rent space, power and cooling and link directly to a dense ecosystem of partners inside its facilities. As a real estate investment trust, it holds buildings across many regions of the world.
Revenue comes mainly from recurring rental of space and power, along with fees for cross-connects that link customers inside each site. Over the last twelve months it was $9.8 billion, growing at 8.3% a year across the last three years. The operating margin is 21.8%, and the business earns a profit of 6% on the capital invested in it. It has net debt of 4.4 times EBITDA. The company pays a dividend with a yield of 2.0%. On the site's X-Ray Score it receives 45 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $709.79 – $1,118.65Volume 748,300Daily, split-adjusted
Vitals
Market cap$97.7B
52-week range$709.79 – $1,118.65
Volume (last day)748,300
P/E (TTM)63.4
EBIT / EV yield1.8%
Free-cash-flow yield–
Dividend yield2.0%
Revenue (TTM)$9.8B
Net income (TTM)$1.5B
Operating margin21.8%
Return on capital5.7%
Debt incl. leases$21.2B
Cash & securities$2.2B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
Not rated
REIT valuation (FFO multiples + DDM) not built yet: not rated
What this means
Read the lenses below
A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Real Estate peers. Open a lens to see the numbers behind it.
Valuation
Weak
10/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield1.8%
Growth
Fair
55/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)8.3%
EPS growth (3y)21.5%
Growth consistency90%
Profitability
Fair
58/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital5.7%
Operating margin21.8%
Gross profitability12.3%
Financial health
Fair
55/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA4.4×
Interest cover3.8×
Dividends
Fair
54/100
Dividend is typical for its sector.
See the numbers →
Dividend yield2.0%
Dividend growth17.2%
Quarterly results: last 6 quarters
+4.6%
Mar '25
+4.5%
Jun '25
+5.2%
Sep '25
+7.0%
Dec '25
+9.8%
Mar '26
+16.4%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.6B, diluted EPS $4.83.
Fundamentals checklist
● 2 Good · ● 8 Average · ● 3 BadCash quality
Earnings backed by cashGood
Risk models
Altman Z''Average
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Revenue growth (3y)Average
Growth consistencyBad
Balance sheet
Current ratioAverage
Net debt / EBITDAAverage
Interest coverAverage
Valuation
EBIT / EV yieldBad
Profitability
Return on invested capitalAverage
Operating marginBad
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 51/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $6.6B | $7.3B | $8.2B | $8.7B | $9.2B |
| Operating income | $1.1B | $1.2B | $1.4B | $1.3B | $1.8B |
| Net income | $500M | $705M | $969M | $815M | $1.4B |
| Operating cash flow | $2.5B | $3.0B | $3.2B | $3.2B | $3.9B |
| Operating margin | 16.7% | 16.5% | 17.6% | 15.2% | 20.0% |
| Free cash flow | −$204M | $685M | $436M | $183M | −$400M |
| Diluted EPS | $5.53 | $7.67 | $10.31 | $8.50 | $13.76 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
1 bullish · 3 neutral · 12 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 1,017.0 | Bearish |
| EMA 10 | 1,010.1 | Bearish |
| SMA 20 | 1,022.1 | Bearish |
| EMA 20 | 1,018.1 | Bearish |
| SMA 50 | 1,037.8 | Bearish |
| EMA 50 | 1,029.1 | Bearish |
| SMA 100 | 1,042.4 | Bearish |
| EMA 100 | 1,026.2 | Bearish |
| SMA 200 | 993.7 | Bearish |
| EMA 200 | 989.4 | Bearish |
Oscillators (daily)
| RSI (14) | 38.66 | Neutral |
| MACD (12, 26) | -9.08 | Bearish |
| Momentum (12) | -2.53 | Bearish |
| Stochastic %K (14) | 26.61 | Neutral |
| Williams %R (14) | -73.39 | Neutral |
| CCI (20) | -166.1 | Bullish |
Pivot points (classic, last session)
S3 936.4 | S2 952.9 | S1 969.4 | Pivot 986.0 | R1 1,002.5 | R2 1,019.0 | R3 1,035.6 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
20.17 USD
Yield on today's price
2.05%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 19 Aug 2026 | 5.1600 |
| 20 May 2026 | 5.1600 |
| 25 Feb 2026 | 5.1600 |
| 19 Nov 2025 | 4.6900 |
| 20 Aug 2025 | 4.6900 |
| 21 May 2025 | 4.6900 |
| 26 Feb 2025 | 4.6900 |
| 13 Nov 2024 | 4.2600 |
| 21 Aug 2024 | 4.2600 |
| 21 May 2024 | 4.2600 |
| 27 Feb 2024 | 4.2600 |
| 14 Nov 2023 | 4.2600 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
EQIX SEC filings
6 Aug 2026
8-KSEC EDGAR
Other events
30 Jul 2026
424B5SEC EDGAR
424B5
29 Jul 2026
8-KSEC EDGAR
Entered a material agreement
29 Jul 2026
10-QSEC EDGAR
Quarterly report
29 Jul 2026
8-KSEC EDGAR
Results of operations
14 Jul 2026
8-KSEC EDGAR
Director or officer change
15 May 2026
8-KSEC EDGAR
Shareholder vote results
11 May 2026
8-KSEC EDGAR
Director or officer change
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.