Summary of Risk Factors Our business is subject to numerous risks and uncertainties that make an investment in our securities speculative or risky, any one of which could materially adversely affect our results of operations, financial condition or business. These risks include, but are not limited to, those listed below. This list is not complete, and should be read together with the section titled “Risk Factors” in this Annual Report on Form 10-K, as well as the other information in this Annual Report on Form 10-K and the other filings that we make with the U.S. Securities and Exchange Commission (the “SEC”). Risks Related to the Macro Environment •Geopolitical events and political tensions contribute to an already complex landscape, and could have a negative effect on our global business operations. •The current uncertain economic environment, including challenges related to power and supply chains, could impact our business and the businesses of our customers.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 9.2B | 9.2B | 8.7B | 8.2B | 7.3B | 6.6B |
| Net Income | 1.4B | 1.4B | 815M | 969M | 704M | 500M |
| EPS | $13.76 | $13.76 | $8.50 | $10.31 | $7.67 | $5.53 |
| Free Cash Flow | -400M | -400M | 183M | 436M | 685M | -204M |
| ROIC | 9.4% | 11.6% | 3.9% | 4.8% | 4.6% | 4.3% |
| Gross Margin | 28.7% | 28.7% | 25.9% | 25.8% | 24.4% | 22.7% |
| Debt/Equity | 0.36 | 0.36 | 1.35 | 1.25 | 1.27 | 1.21 |
| Dividends/Share | $18.92 | $18.76 | $17.04 | $14.49 | $12.40 | $11.48 |
| Operating Income | 1.8B | 1.8B | 1.3B | 1.4B | 1.2B | 1.1B |
| Operating Margin | 20.0% | 20.0% | 15.2% | 17.6% | 16.5% | 16.7% |
| ROE | 9.5% | 9.8% | 6.0% | 7.8% | 6.1% | 4.6% |
| Shares Outstanding | 98M | 98M | 96M | 94M | 92M | 90M |
EQUINIX INC passes 4 of 9 quality checks, suggesting mixed fundamentals.
EQUINIX INC trades at 76.8x trailing earnings, compared to its 15-year median P/E of 75.2x, suggesting it is currently Fair relative to its historical range. The company's 5-year average ROIC is 5.8% with a gross margin of 25.5%. Total shareholder yield (dividends) is 1.8%. At current prices, the estimated annualized return to fair value is +69.3%.
EQUINIX INC (EQIX) has a current P/E ratio of 76.8, compared to its historical median P/E of 75.2. The stock is currently considered Fair based on its historical valuation range.
EQUINIX INC (EQIX) has a 5-year average return on invested capital (ROIC) of 5.8%. This is below average and may indicate limited pricing power.
EQUINIX INC (EQIX) has a market capitalization of $103.7B. It is classified as a large-cap stock.
Yes, EQUINIX INC (EQIX) pays a dividend with a trailing twelve-month yield of 1.79%.
Based on historical P/E analysis, EQUINIX INC (EQIX) appears fair. The current P/E of 76.8 is 2% above its historical median of 75.2. The estimated fair value CAGR (P/E method) is 16.5%.
EQUINIX INC (EQIX) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
EQUINIX INC (EQIX) reported annual revenue of $9.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
EQUINIX INC (EQIX) has a net profit margin of 14.6%. This is a healthy margin.
EQUINIX INC (EQIX) generated $-400 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
EQUINIX INC (EQIX) has a debt-to-equity ratio of 0.36. This indicates a conservatively financed balance sheet.
EQUINIX INC (EQIX) reported earnings per share (EPS) of $13.76 in its most recent fiscal year.
EQUINIX INC (EQIX) has a return on equity (ROE) of 9.8%. This indicates moderate shareholder returns.
EQUINIX INC (EQIX) has a 5-year average gross margin of 25.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for EQUINIX INC (EQIX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
EQUINIX INC (EQIX) has a book value per share of $144.29, based on its most recent annual SEC filing.