EQUINIX INC (EQIX) Stock Fundamental Analysis

NASDAQ:EQIX • US29444U7000

928.11 USD
+10.08 (+1.1%)
At close: Feb 20, 2026
928.11 USD
0 (0%)
After Hours: 2/20/2026, 8:00:01 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall EQIX gets a fundamental rating of 5 out of 10. We evaluated EQIX against 28 industry peers in the Specialized REITs industry. EQIX has only an average score on both its financial health and profitability. EQIX shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • EQIX had positive earnings in the past year.
  • EQIX had a positive operating cash flow in the past year.
  • EQIX had positive earnings in each of the past 5 years.
  • EQIX had a positive operating cash flow in each of the past 5 years.
EQIX Yearly Net Income VS EBIT VS OCF VS FCFEQIX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

1.2 Ratios

  • EQIX has a better Return On Assets (3.36%) than 64.29% of its industry peers.
  • The Return On Equity of EQIX (9.54%) is better than 67.86% of its industry peers.
  • EQIX has a better Return On Invested Capital (4.69%) than 60.71% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for EQIX is in line with the industry average of 4.75%.
  • The last Return On Invested Capital (4.69%) for EQIX is above the 3 year average (4.45%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.36%
ROE 9.54%
ROIC 4.69%
ROA(3y)2.88%
ROA(5y)2.55%
ROE(3y)7.77%
ROE(5y)6.81%
ROIC(3y)4.45%
ROIC(5y)4.15%
EQIX Yearly ROA, ROE, ROICEQIX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8

1.3 Margins

  • The Profit Margin of EQIX (14.65%) is comparable to the rest of the industry.
  • EQIX's Profit Margin has improved in the last couple of years.
  • The Operating Margin of EQIX (21.33%) is worse than 64.29% of its industry peers.
  • EQIX's Operating Margin has improved in the last couple of years.
  • EQIX has a worse Gross Margin (51.09%) than 67.86% of its industry peers.
  • In the last couple of years the Gross Margin of EQIX has remained more or less at the same level.
Industry RankSector Rank
OM 21.33%
PM (TTM) 14.65%
GM 51.09%
OM growth 3Y8.1%
OM growth 5Y2.79%
PM growth 3Y14.74%
PM growth 5Y18.9%
GM growth 3Y1.86%
GM growth 5Y0.94%
EQIX Yearly Profit, Operating, Gross MarginsEQIX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EQIX is destroying value.
  • Compared to 1 year ago, EQIX has more shares outstanding
  • The number of shares outstanding for EQIX has been increased compared to 5 years ago.
  • EQIX has a worse debt/assets ratio than last year.
EQIX Yearly Shares OutstandingEQIX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
EQIX Yearly Total Debt VS Total AssetsEQIX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.2 Solvency

  • An Altman-Z score of 2.32 indicates that EQIX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of EQIX (2.32) is better than 96.43% of its industry peers.
  • EQIX has a Debt/Equity ratio of 1.40. This is a high value indicating a heavy dependency on external financing.
  • EQIX has a Debt to Equity ratio (1.40) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 1.4
Debt/FCF N/A
Altman-Z 2.32
ROIC/WACC0.62
WACC7.54%
EQIX Yearly LT Debt VS Equity VS FCFEQIX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 1.32 indicates that EQIX should not have too much problems paying its short term obligations.
  • The Current ratio of EQIX (1.32) is better than 82.14% of its industry peers.
  • EQIX has a Quick Ratio of 1.32. This is a normal value and indicates that EQIX is financially healthy and should not expect problems in meeting its short term obligations.
  • EQIX's Quick ratio of 1.32 is amongst the best of the industry. EQIX outperforms 82.14% of its industry peers.
Industry RankSector Rank
Current Ratio 1.32
Quick Ratio 1.32
EQIX Yearly Current Assets VS Current LiabilitesEQIX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • EQIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.10%, which is quite impressive.
  • The Earnings Per Share has been growing by 28.15% on average over the past years. This is a very strong growth
  • The Revenue has been growing slightly by 5.36% in the past year.
  • Measured over the past years, EQIX shows a quite strong growth in Revenue. The Revenue has been growing by 8.97% on average per year.
EPS 1Y (TTM)29.1%
EPS 3Y23.74%
EPS 5Y28.15%
EPS Q2Q%29.07%
Revenue 1Y (TTM)5.36%
Revenue growth 3Y8.27%
Revenue growth 5Y8.97%
Sales Q2Q%7.03%

3.2 Future

  • Based on estimates for the next years, EQIX will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.82% on average per year.
  • The Revenue is expected to grow by 9.28% on average over the next years. This is quite good.
EPS Next Y11.4%
EPS Next 2Y9.6%
EPS Next 3Y10.55%
EPS Next 5Y11.82%
Revenue Next Year9.76%
Revenue Next 2Y9.35%
Revenue Next 3Y9.12%
Revenue Next 5Y9.28%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
EQIX Yearly Revenue VS EstimatesEQIX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B
EQIX Yearly EPS VS EstimatesEQIX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10 20 30 40

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 63.79, the valuation of EQIX can be described as expensive.
  • Based on the Price/Earnings ratio, EQIX is valued a bit more expensive than the industry average as 64.29% of the companies are valued more cheaply.
  • EQIX is valuated expensively when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 57.26 indicates a quite expensive valuation of EQIX.
  • 60.71% of the companies in the same industry are cheaper than EQIX, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.02, EQIX is valued quite expensively.
Industry RankSector Rank
PE 63.79
Fwd PE 57.26
EQIX Price Earnings VS Forward Price EarningsEQIX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, EQIX is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 26.7
EQIX Per share dataEQIX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates EQIX does not grow enough to justify the current Price/Earnings ratio.
  • EQIX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.6
PEG (5Y)2.27
EPS Next 2Y9.6%
EPS Next 3Y10.55%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • EQIX has a Yearly Dividend Yield of 2.25%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 5.43, EQIX's dividend is way lower than its industry peers. On top of this 85.71% of the companies listed in the same industry pay a better dividend than EQIX!
  • EQIX's Dividend Yield is a higher than the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 2.25%

5.2 History

  • The dividend of EQIX is nicely growing with an annual growth rate of 11.75%!
  • EQIX has paid a dividend for at least 10 years, which is a reliable track record.
  • EQIX has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)11.75%
Div Incr Years9
Div Non Decr Years9
EQIX Yearly Dividends per shareEQIX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5 10 15

5.3 Sustainability

  • 137.48% of the earnings are spent on dividend by EQIX. This is not a sustainable payout ratio.
  • The dividend of EQIX is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP137.48%
EPS Next 2Y9.6%
EPS Next 3Y10.55%
EQIX Yearly Income VS Free CF VS DividendEQIX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B
EQIX Dividend Payout.EQIX Dividend Payout, showing the Payout Ratio.EQIX Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

EQUINIX INC

NASDAQ:EQIX (2/20/2026, 8:00:01 PM)

After market: 928.11 0 (0%)

928.11

+10.08 (+1.1%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)02-11
Earnings (Next)04-28
Inst Owners98.65%
Inst Owner Change0.33%
Ins Owners0.24%
Ins Owner Change4.69%
Market Cap91.13B
Revenue(TTM)9.22B
Net Income(TTM)1.35B
Analysts80.54
Price Target965.98 (4.08%)
Short Float %2.53%
Short Ratio4.07
Dividend
Industry RankSector Rank
Dividend Yield 2.25%
Yearly Dividend18.99
Dividend Growth(5Y)11.75%
DP137.48%
Div Incr Years9
Div Non Decr Years9
Ex-Date02-25
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.92%
Min EPS beat(2)-15.23%
Max EPS beat(2)3.38%
EPS beat(4)3
Avg EPS beat(4)3.38%
Min EPS beat(4)-15.23%
Max EPS beat(4)19.39%
EPS beat(8)5
Avg EPS beat(8)2.13%
EPS beat(12)9
Avg EPS beat(12)7.35%
EPS beat(16)11
Avg EPS beat(16)7.37%
Revenue beat(2)0
Avg Revenue beat(2)-3.03%
Min Revenue beat(2)-3.59%
Max Revenue beat(2)-2.48%
Revenue beat(4)0
Avg Revenue beat(4)-2.51%
Min Revenue beat(4)-3.59%
Max Revenue beat(4)-1.94%
Revenue beat(8)0
Avg Revenue beat(8)-2.39%
Revenue beat(12)0
Avg Revenue beat(12)-2.18%
Revenue beat(16)0
Avg Revenue beat(16)-2.13%
PT rev (1m)-1.27%
PT rev (3m)-2.09%
EPS NQ rev (1m)12.23%
EPS NQ rev (3m)13.93%
EPS NY rev (1m)0.22%
EPS NY rev (3m)-0.71%
Revenue NQ rev (1m)1.63%
Revenue NQ rev (3m)1.51%
Revenue NY rev (1m)1.04%
Revenue NY rev (3m)1.09%
Valuation
Industry RankSector Rank
PE 63.79
Fwd PE 57.26
P/S 9.89
P/FCF N/A
P/OCF 23.3
P/B 6.44
P/tB 13.29
EV/EBITDA 26.7
EPS(TTM)14.55
EY1.57%
EPS(NY)16.21
Fwd EY1.75%
FCF(TTM)-4.07
FCFYN/A
OCF(TTM)39.83
OCFY4.29%
SpS93.87
BVpS144.17
TBVpS69.82
PEG (NY)5.6
PEG (5Y)2.27
Graham Number217.25
Profitability
Industry RankSector Rank
ROA 3.36%
ROE 9.54%
ROCE 5.42%
ROIC 4.69%
ROICexc 5.15%
ROICexgc 6.61%
OM 21.33%
PM (TTM) 14.65%
GM 51.09%
FCFM N/A
ROA(3y)2.88%
ROA(5y)2.55%
ROE(3y)7.77%
ROE(5y)6.81%
ROIC(3y)4.45%
ROIC(5y)4.15%
ROICexc(3y)4.91%
ROICexc(5y)4.53%
ROICexgc(3y)6.51%
ROICexgc(5y)6.14%
ROCE(3y)5.15%
ROCE(5y)4.8%
ROICexgc growth 3Y5.63%
ROICexgc growth 5Y1.51%
ROICexc growth 3Y8.71%
ROICexc growth 5Y4.53%
OM growth 3Y8.1%
OM growth 5Y2.79%
PM growth 3Y14.74%
PM growth 5Y18.9%
GM growth 3Y1.86%
GM growth 5Y0.94%
F-Score5
Asset Turnover0.23
Health
Industry RankSector Rank
Debt/Equity 1.4
Debt/FCF N/A
Debt/EBITDA 4.91
Cap/Depr 208.66%
Cap/Sales 46.77%
Interest Coverage 4.39
Cash Conversion 97%
Profit Quality N/A
Current Ratio 1.32
Quick Ratio 1.32
Altman-Z 2.32
F-Score5
WACC7.54%
ROIC/WACC0.62
Cap/Depr(3y)170.67%
Cap/Depr(5y)161.86%
Cap/Sales(3y)38.59%
Cap/Sales(5y)37.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)29.1%
EPS 3Y23.74%
EPS 5Y28.15%
EPS Q2Q%29.07%
EPS Next Y11.4%
EPS Next 2Y9.6%
EPS Next 3Y10.55%
EPS Next 5Y11.82%
Revenue 1Y (TTM)5.36%
Revenue growth 3Y8.27%
Revenue growth 5Y8.97%
Sales Q2Q%7.03%
Revenue Next Year9.76%
Revenue Next 2Y9.35%
Revenue Next 3Y9.12%
Revenue Next 5Y9.28%
EBIT growth 1Y21.06%
EBIT growth 3Y17.04%
EBIT growth 5Y12.02%
EBIT Next Year153.62%
EBIT Next 3Y46.46%
EBIT Next 5Y30.86%
FCF growth 1Y-318.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y20.38%
OCF growth 3Y9.69%
OCF growth 5Y11.11%

EQUINIX INC / EQIX FAQ

What is the ChartMill fundamental rating of EQUINIX INC (EQIX) stock?

ChartMill assigns a fundamental rating of 5 / 10 to EQIX.


Can you provide the valuation status for EQUINIX INC?

ChartMill assigns a valuation rating of 1 / 10 to EQUINIX INC (EQIX). This can be considered as Overvalued.


Can you provide the profitability details for EQUINIX INC?

EQUINIX INC (EQIX) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for EQIX stock?

The Price/Earnings (PE) ratio for EQUINIX INC (EQIX) is 63.79 and the Price/Book (PB) ratio is 6.44.


How financially healthy is EQUINIX INC?

The financial health rating of EQUINIX INC (EQIX) is 4 / 10.