Equinix, Inc. EQIX
REIT - Specialty, Real Estate
$1,031.77
−1.49%
- Market cap
- $101.8B
- PE
- 66.4×
- 10y median 98.1×
- Forward PE
- Price to sales
- 10.4×
- EV/EBIT
- 53.1×
- Revenue, 12 months
- $9.8B
- +10% on a year ago
- Net margin
- 15.6%
- Free cash flow yield
- —
Equinix trades at 66.4× trailing earnings, cheaper than 99% of the last ten years. Revenue was $9.8B over the last twelve months, up 10% on a year earlier with a 16% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $2.1B | $2.1B | $2.2B | $2.2B | $2.3B+7% | $2.2B+5% | $2.3B+5% | $2.3B+5% | $2.4B+7% | $2.4B+10% | $2.6B+16% | |
| Cost of revenue | $1.1B | $1.1B | $1.1B | $1.1B | $1.2B+10% | $1.1B−1% | $1.1B+0% | $1.1B+4% | $1.2B+0% | $1.2B+9% | $1.2B+14% |
| Gross profit | $1B | $1B | $1.1B | $1.1B | $1.1B+5% | $1.1B+10% | $1.2B+9% | $1.2B+6% | $1.2B+15% | $1.3B+10% | $1.4B+19% |
| SG&A | $666.5M | $670M | $656M | $671M | $660M−1% | $667M−0% | $672M+2% | $689M+3% | $718M+9% | $685M+3% | $701M+4% |
| $346M | $364M | $436M | $425M | $103M−70% | $458M+26% | $494M+13% | $474M+12% | $422M+310% | $577M+26% | $665M+35% | |
| Interest expense | $103.2M | $104M | $110M | $117M | $126M+22% | $122M+17% | $135M+23% | $128M+9% | $151M+20% | $148M+21% | $151M+12% |
| Pre-tax income | $270M | $277M | $348M | $350M | $0 | $392M+42% | $405M+16% | $399M+14% | $312M | $471M+20% | $523M+29% |
| $43M | $46M | $47M | $54M | $14M−67% | $49M+7% | $38M−19% | $25M−54% | $48M+243% | $56M+14% | $46M+21% | |
| Net income | $227M | $231M | $301M | $297M | −$14M | $343M+49% | $368M+22% | $374M+26% | $265M | $415M+21% | $479M+30% |
| $2.40 | $2.43 | $3.16 | $3.10 | −$0.14 | $3.50+44% | $3.75+19% | $3.81+23% | $2.69 | $4.20+20% | $4.83+29% | |
| 94.7M | 95.2M | 95.2M | 95.7M | 96.8M+2% | 97.9M+3% | 98M+3% | 98.2M+3% | 98.4M+2% | 98.7M+1% | 99.1M+1% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in REIT - Specialty within ten times Equinix's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| EQIXEquinix, Inc. | $101.8B | 66.4× | 98.1× | 10.4× | +10% | 15.6% | |
| AMTAmerican Tower Corporation | $77.4B | 22.9× | 56.1× | 7.1× | +7% | 32.1% | |
| DLRDigital Realty Trust, Inc. | $66.8B | 87.2× | 67.6× | 9.9× | +17% | 11.8% | |
| IRMIron Mountain Incorporated | $34.5B | 82.7× | 48.2× | 4.6× | +17% | 5.5% | |
| CCICrown Castle Inc. | $29.4B | 35.0× | 77.1× | 7.1× | −5% | 20.7% | |
| Peer median | $50.6B | 58.9× | 61.8× | 7.1× | +12% | 16.3% |
About
- Industry
- REIT - Specialty
- Sector
- Real Estate
Valuation data, not investment advice. Prices as of .