US · USD

EQIX

Equinix Inc

$1,003.34-0.81% (-$8.24)
Day's range
$994.50 – $1,015.81
Day's volume
$46.4M
52-week range
$715.18 – $1,110.63

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EQIX in numbers

Market cap
$98.9B
P/E
64.58
P/B
6.88
Dividend yield (12m)
2.01%
Net debt/EBITDA
4.10

The 12-month dividend yield of EQIX is 2.01%, above its 5-year average of 1.86%.

EQIX price history

10/01/202510/01/2026
Compare with

EQIX risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+20.67%+45.97%+31.91%
Volatility (annualized)26.43%23.92%25.30%
Largest drawdown-10.42%-21.49%-32.12%
Positive months6/1219/3630/60

How much did investing in EQIX return?

$1,000.00 invested on 10/01/2021 would be worth $1,324.15 today.

Value today in EQIX
$1,324.15
Return over the period
+32.41%
Return per year
+5.78%
In the S&P 500
$1,655.22

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

EQIX fundamentals

Valuation

  • P/E
    64.58
  • P/B
    6.88
  • EV/EBITDA
    27.09
  • EV/EBIT
    54.50
  • EV/Revenue
    11.88
  • P/EBIT
    46.25
  • P/S
    10.08
  • P/OCF
    25.08
  • P/FCF
    —
  • Earnings yield
    1.83%
  • PEG ratio
    —
  • Earnings per share
    $15.54
  • Book value per share
    $145.76

Debt

  • Net debt
    $17.6B
  • Net debt/EBITDA
    4.10
  • Net debt/Equity
    1.23
  • Debt/Equity
    1.38
  • Current ratio
    1.13
  • Quick ratio
    —
  • Cash ratio
    0.58

Efficiency

  • Gross margin
    51.49%
  • EBITDA margin
    43.88%
  • Operating margin
    21.81%
  • Net margin
    15.63%
  • Asset turnover
    0.24

Profitability

  • ROE
    10.66%
  • ROA
    3.73%
  • ROIC
    5.99%
  • Payout
    129.82%

Growth

  • Revenue CAGR (5 years)
    9.12%
  • Earnings CAGR (5 years)
    34.96%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is EQIX's fair price?

Two classic value formulas, with today's numbers. The current price is $1,003.34.

Graham's fair price
$225.72
77.50% below the price

√(22.50 × $15.54 × $145.76)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$247.23
75.36% below the price

$14.83 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

EQIX's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E55.76112.6178.6586.17153.41172.4598.2878.03
P/B5.326.786.105.287.056.005.643.95
EV/EBITDA18.8226.7822.8424.4231.4429.4023.7917.14
Dividend yield2.45%1.81%1.80%1.89%1.36%1.49%1.69%2.59%
Earnings per share$13.74$8.37$10.24$7.60$5.51$4.14$5.94$4.52
Book value per share$144.07$138.99$131.99$124.06$119.95$119.10$103.47$89.28
ROE9.54%6.02%7.76%6.13%4.60%3.48%5.74%5.06%
ROIC13.51%9.97%10.92%4.54%4.32%3.84%4.93%5.00%
Gross margin51.09%48.94%48.36%48.35%47.67%48.75%49.48%48.63%
EBITDA margin42.29%38.15%40.16%40.44%41.66%41.28%44.13%43.47%
Net margin14.65%9.32%11.83%9.71%7.54%6.16%9.12%7.20%
Net debt/EBITDA-0.49-0.72-0.333.743.683.643.474.21

EQIX's financial statements

Line202520242023202220212020
Net revenue$9.2B$8.7B$8.2B$7.3B$6.6B$6B
Cost of revenue-$4.5B-$4.5B-$4.2B-$3.8B-$3.5B-$3.1B
Gross profit$4.7B$4.3B$4B$3.5B$3.2B$2.9B
EBITDA$3.9B$3.3B$3.3B$2.9B$2.8B$2.5B
EBIT$1.8B$1.3B$1.4B$1.2B$1.1B$1.1B
Financial result——————
Income before tax$1.5B$975M$1.1B$829M$609M$516.2M
Income tax-$160M-$161M-$155M-$124M-$109.2M-$146.2M
Net income$1.4B$815M$969M$705M$500.2M$369.8M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does EQIX pay dividends?

Dividend yield per year

  • 1.77%2017
  • 2.59%2018
  • 1.69%2019
  • 1.49%2020
  • 1.36%2021
  • 1.89%2022
  • 1.80%2023
  • 1.81%2024
  • 2.45%2025
  • 1.54%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend08/18/202609/16/2026$5.16
Dividend05/19/202606/17/2026$5.16
Dividend02/24/202603/18/2026$5.16
Dividend11/18/202512/17/2025$4.69
Dividend08/19/202509/17/2025$4.69
Dividend05/20/202506/18/2025$4.69
Dividend02/25/202503/19/2025$4.69
Dividend11/12/202412/11/2024$4.26
Dividend08/20/202409/18/2024$4.26
Dividend05/20/202406/19/2024$4.26
Dividend02/26/202403/20/2024$4.26
Dividend11/13/202312/13/2023$4.26
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend08/21/202309/20/2023$3.41
Dividend05/22/202306/21/2023$3.41
Dividend03/03/202303/22/2023$3.41
Dividend11/14/202212/14/2022$3.10
Dividend08/15/202209/21/2022$3.10
Dividend05/16/202206/15/2022$3.10
Dividend03/03/202203/23/2022$3.10
Dividend11/15/202112/15/2021$2.87
Dividend08/16/202109/22/2021$2.87
Dividend05/17/202106/16/2021$2.87
Dividend02/22/202103/17/2021$2.87
Dividend11/16/202012/09/2020$2.66
Dividend08/17/202009/23/2020$2.66
Dividend05/18/202006/17/2020$2.66
Dividend02/24/202003/18/2020$2.66
Dividend11/18/201912/11/2019$2.46
Dividend08/19/201909/18/2019$2.46
Dividend05/20/201906/19/2019$2.46
Dividend02/25/201903/20/2019$2.46
Dividend11/12/201812/12/2018$2.28
Dividend08/20/201809/19/2018$2.28
Dividend05/21/201806/20/2018$2.28
Dividend02/22/201803/21/2018$2.28
Dividend11/13/201712/13/2017$2.00
Dividend08/18/201709/20/2017$2.00
Dividend05/19/201706/21/2017$2.00
Dividend02/22/201703/22/2017$2.00
Dividend11/11/201612/14/2016$1.75

About Equinix

Sector
Finance, insurance and real estate

Questions about EQIX

How much is EQIX today?

EQIX is at $1,003.34 (-0.81% on the day), last traded on 10/01/2026.

How much did EQIX pay in dividends in 2025?

EQIX paid $18.76 per share in 2025, a dividend yield of 2.45%.

What are the P/E and P/B of EQIX?

EQIX trades at a P/E of 64.58 and a P/B of 6.88.

How much did EQIX return in 12 months?

EQIX returned 20.67% in 12 months, with annualized volatility of 26.43% and a largest drawdown of -10.42%.