EQIX - Equinix Inc Stock Price, Fair Value and News

736.83USD-1.52 (-0.21%)Delayed as of 26 Apr 2024, 12:30 pm ET

Market Summary

USD736.83-1.52

Delayedas of 26 Apr 2024, 12:30 pm

-0.21%

EQIX Stock Price

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EQIX RSI Chart

EQIX Valuation

Market Cap

69.8B

Price/Earnings (Trailing)

72.07

Price/Sales (Trailing)

8.53

EV/EBITDA

21.42

Price/Free Cashflow

21.71

EQIX Price/Sales (Trailing)

EQIX Profitability

Operating Margin

48.37%

EBT Margin

13.73%

Return on Equity

7.76%

Return on Assets

2.97%

Free Cashflow Yield

4.61%

EQIX Fundamentals

EQIX Revenue

Revenue (TTM)

8.2B

Rev. Growth (Yr)

12.81%

Rev. Growth (Qtr)

2.4%

EQIX Earnings

Earnings (TTM)

969.1M

Earnings Growth (Yr)

76.87%

Earnings Growth (Qtr)

-17.47%

Breaking Down EQIX Revenue

52 Week Range

672.88821.63

(Low)(High)

Last 7 days

-0.2%

Last 30 days

-7.7%

Last 90 days

-9.0%

Trailing 12 Months

4.4%

How does EQIX drawdown profile look like?

EQIX Financial Health

Current Ratio

1.13

EQIX Investor Care

Dividend Yield

1.96%

Dividend/Share (TTM)

14.49

Shares Dilution (1Y)

1.98%

Diluted EPS (TTM)

10.31

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	7.5B	7.7B	7.9B	8.2B
2022	6.8B	6.9B	7.1B	7.3B
2021	6.2B	6.3B	6.5B	6.6B
2020	5.6B	5.7B	5.9B	6.0B
2019	5.2B	5.3B	5.5B	5.6B
2018	4.6B	4.8B	5.0B	5.1B
2017	3.7B	3.9B	4.1B	4.4B
2016	2.9B	3.2B	3.4B	3.6B
2015	2.5B	2.6B	2.6B	2.7B
2014	2.2B	2.3B	2.4B	2.4B
2013	2.0B	2.0B	2.1B	2.2B
2012	1.7B	1.7B	1.8B	1.9B
2011	1.3B	1.4B	1.5B	1.6B
2010	931.9M	1.0B	1.1B	1.2B
2009	0	764.0M	823.2M	882.5M
2008	0	0	0	704.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Equinix Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	campbell michael earl	sold	-476,784	903	-528	chief sales officer
Mar 07, 2024	van camp peter	sold	-301,660	903	-334	executive chairman
Mar 07, 2024	taylor keith d	sold	-752,205	903	-833	chief financial officer
Mar 07, 2024	lin jonathan	sold	-189,614	902	-210	evp, gm, data center services
Mar 07, 2024	morandi brandi galvin	sold	-623,081	903	-690	chief legal and hr officer
Mar 07, 2024	miller simon	sold	-234,770	902	-260	chief accounting officer
Mar 07, 2024	meyers charles j	sold	-1,584,260	903	-1,754	ceo and president
Mar 07, 2024	crenshaw scott	sold	-479,662	903	-531	evp, gm digital services
Mar 06, 2024	meyers charles j	acquired	-	-	1,754	ceo and president
Mar 06, 2024	taylor keith d	acquired	-	-	833	chief financial officer

Which funds bought or sold EQIX recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Dakota Wealth Management	added	7.00	726,087	8,246,230	0.20%
Apr 24, 2024	Solstein Capital, LLC	reduced	-10.61	-68,837	751,050	0.52%
Apr 24, 2024	First Pacific Financial	unchanged	-	319	13,206	-%
Apr 24, 2024	Segment Wealth Management, LLC	new	-	11,063,500	11,063,500	0.84%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	reduced	-0.52	51,332	2,691,410	0.06%
Apr 24, 2024	Pegasus Partners Ltd.	new	-	218,713	218,713	0.02%
Apr 24, 2024	BROWN ADVISORY INC	added	19.83	65,737	354,067	-%
Apr 24, 2024	Avitas Wealth Management LLC	reduced	-1.46	11,441	1,173,620	0.18%
Apr 24, 2024	Fingerlakes Wealth Management, Inc.	unchanged	-	10,725	450,013	0.43%
Apr 24, 2024	Premier Path Wealth Partners, LLC	reduced	-1.5	5,066	543,067	0.10%

Are Funds Buying or Selling EQIX?

Are funds buying EQIX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own EQIX

No. of Funds

Unveiling Equinix Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	13.06%	12,265,027	SC 13G/A
Jan 30, 2024	state street corp	6.62%	6,211,112	SC 13G/A
Jan 24, 2024	blackrock inc.	9.9%	9,324,948	SC 13G/A
Feb 09, 2023	vanguard group inc	13.14%	12,164,040	SC 13G/A
Feb 03, 2023	state street corp	6.58%	6,091,600	SC 13G/A
Jan 26, 2023	blackrock inc.	10.2%	9,418,787	SC 13G/A
Jan 20, 2023	blackrock inc.	10.2%	9,418,787	SC 13G/A
Feb 10, 2022	state street corp	5.49%	4,947,426	SC 13G
Feb 03, 2022	blackrock inc.	9.9%	8,928,856	SC 13G/A
Feb 10, 2021	vanguard group inc	12.61%	11,234,959	SC 13G/A

Recent SEC filings of Equinix Inc

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Mar 28, 2024	3/A	Insider Trading
Mar 28, 2024	4/A	Insider Trading
Mar 27, 2024	3	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 25, 2024	8-K	Current Report
Mar 20, 2024	424B5	Prospectus Filed
Mar 18, 2024	POSASR	POSASR

Peers (Alternatives to Equinix Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.6B	11.1B	-10.93%	-13.71%	58.97	7.23	4.04%	-19.43%
CCI	40.9B	7.0B	-7.55%	-21.57%	27.25	5.86	-0.07%	-10.36%
AVB	27.2B	2.8B	5.99%	11.94%	29.29	9.83	6.73%	-18.30%
ARE	19.9B	3.0B	-5.56%	-2.28%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	0.42%	10.98%	29.97	8.06	7.80%	39.39%
REG	10.9B	1.3B	0.22%	-0.72%	29.89	8.24	8.04%	-24.50%
BXP	9.7B	3.3B	1.39%	20.98%	51.1	2.97	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.1B	3.80%	8.31%	35.91	7.52	5.38%	-38.52%
MAC	3.3B	884.1M	-7.80%	63.34%	-12.11	3.75	2.90%	-314.82%
SLG	3.3B	899.4M	0.34%	130.33%	-5.84	3.67	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	0.71%	18.73%	19.99	2.93	4.38%	15.77%
AIV	1.2B	198.2M	0.50%	5.01%	-7.34	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.13%	4.35%	13.43	1.78	25.53%	134.62%
NYMT	636.8M	258.7M	1.45%	-29.99%	-13.09	2.46	0.11%	83.70%
IVR	408.5M	277.9M	-9.26%	-18.00%	-25.76	1.47	44.33%	96.06%

Equinix Inc News

Latest updates

Equinix Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.4%	2,110	2,061	2,018	1,998	1,871	1,841	1,817	1,734	1,706	1,675	1,658	1,596	1,564	1,520	1,470	1,445	1,417	1,397	1,385	1,363	1,310
Cost Of Revenue	2.1%	1,092	1,069	1,061	1,006	971	935	930	916	910	886	865	811	831	768	739	736	726	704	698	682	671
Costs and Expenses	5.0%	1,764	1,681	1,686	1,614	1,589	1,508	1,499	1,467	1,457	1,393	1,379	1,298	1,336	1,231	1,188	1,191	1,104	1,111	1,093	1,084	1,039
S&GA Expenses	2.4%	218	213	215	211	207	193	194	193	190	183	186	183	187	173	178	180	161	162	159	170	162
EBITDA Margin	1.1%	0.39*	0.38*	0.38*	0.38*	0.37*	0.38*	0.38*	0.36*	0.36*	0.35*	0.34*	0.36*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.8%	103	101	100	97.00	94.00	91.00	91.00	80.00	80.00	79.00	87.00	90.00	91.00	100	108	107	118	119	121	123	130
Income Taxes	114.3%	43.00	20.00	37.00	55.00	49.00	35.00	9.00	33.00	42.00	53.00	-18.53	33.00	41.00	30.00	45.00	30.00	38.00	58.00	47.00	43.00	26.00
Earnings Before Taxes	-8.6%	270	296	244	314	178	246	225	180	165	205	50.00	189	92.00	97.00	178	149	162	179	191	160	136
EBT Margin	5.8%	0.14*	0.13*	0.13*	0.13*	0.11*	0.12*	0.11*	0.09*	0.09*	0.08*	0.07*	0.09*	-	-	-	-	-	-	-	-	-
Net Income	-17.5%	228	276	207	259	129	212	216	148	123	152	68.00	156	51.00	67.00	133	119	125	121	144	118	110
Net Income Margin	8.1%	0.12*	0.11*	0.10*	0.11*	0.10*	0.10*	0.09*	0.07*	0.08*	0.07*	0.05*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	27.2%	999	785	462	412	481	541	522	302	613	385	320	112	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.0%	32,651	31,685	31,567	31,274	30,311	29,326	29,038	28,023	27,919	27,774	27,930	27,317	27,007	26,437	27,793	23,591	23,966	22,842	22,887	22,491	20,245
Current Assets	-8.2%	3,568	3,885	3,744	3,993	3,305	4,017	3,290	3,063	2,957	2,899	3,148	2,850	2,609	4,044	5,981	2,320	2,873	2,853	2,989	2,626	1,516
Cash Equivalents	-11.1%	2,096	2,357	2,342	2,643	1,906	2,501	1,891	1,695	1,536	1,379	1,800	1,753	1,626	2,645	4,785	1,171	1,887	1,402	1,614	1,634	628
Net PPE	7.1%	18,601	17,371	17,267	16,914	16,650	15,141	15,455	15,513	15,446	15,307	15,144	14,769	14,503	13,111	12,664	12,177	12,153	11,229	10,993	10,898	11,026
Goodwill	2.6%	5,737	5,589	5,732	5,712	5,654	5,394	5,585	111	5,372	5,402	5,411	5,388	5,473	172	5,016	4,927	4,782	4,649	4,769	4,808	-
Liabilities	1.8%	20,137	19,773	19,518	19,245	18,805	18,172	18,409	17,080	17,037	17,206	17,284	16,740	16,373	15,881	17,404	14,921	15,125	14,081	14,137	14,066	13,025
Current Liabilities	67.0%	3,162	1,894	1,854	1,754	1,838	1,696	1,609	1,607	1,606	1,781	1,683	1,834	2,025	3,796	3,856	1,838	2,158	1,836	1,884	1,685	1,515
Shareholder's Equity	5.1%	12,489	11,887	12,024	12,029	11,506	11,154	10,630	10,943	10,882	10,569	10,646	10,577	10,634	10,556	10,388	8,669	8,840	8,761	8,749	8,425	7,219
Retained Earnings	6.1%	3,934	3,706	3,431	3,224	2,965	2,836	2,624	2,408	2,260	2,137	1,985	1,917	1,760	1,709	1,643	1,509	1,391	1,266	1,146	1,002	884
Additional Paid-In Capital	3.0%	18,596	18,051	17,909	17,796	17,320	17,194	16,259	16,145	15,985	15,489	15,361	15,166	15,028	14,951	14,652	12,893	12,696	12,635	12,451	12,043	10,751
Shares Outstanding	0.6%	94.00	94.00	94.00	94.00	93.00	91.00	91.00	91.00	90.00	90.00	90.00	-	-	-	-	-	-	-	-	-	-
Minority Interest	-21.5%	-0.39	-0.32	-0.11	-0.19	-0.13	-0.29	-0.19	-0.07	-0.32	-0.19	-	-0.16	0.00	0.00	-0.02	-0.07	-0.22	-0.08	-0.01	-0.32	-
Float	-	-	-	73,000	-	-	-	60,000	-	-	-	72,000	-	-	-	62,200	-	-	-	42,800	-	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	27.2%	999	785	741	691	760	820	802	581	892	665	599	391	686	532	575	517	530	499	543	421	559
Share Based Compensation	7.5%	106	98.00	105	99.00	108	102	105	90.00	96.00	95.00	94.00	78.00	104	75.00	76.00	16.00	62.00	64.00	62.00	49.00	41.00
Cashflow From Investing	-70.3%	-1,281	-752	-668	-522	-1,071	-663	-1,369	-258	-820	-821	-728	-635	-1,339	-603	-529	-954	-466	-576	-523	-378	-725
Cashflow From Financing	-219.9%	-21.51	18.00	-327	542	-325	489	862	-168	93.00	-266	175	413	-421	-2,088	3,563	-237	381	-126	-40.16	987	-100
Dividend Payments	24.2%	403	325	320	326	288	291	283	290	259	262	258	263	238	241	236	233	210	213	208	205	184

EQIX Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 8,188,136	$ 7,263,105	$ 6,635,537
Costs and operating expenses:
Cost of revenues	4,227,658	3,751,501	3,472,422
Sales and marketing	855,796	786,560	741,232
General and administrative	1,654,042	1,498,701	1,301,797
Transaction costs	12,412	21,839	22,769
(Gain) loss on asset sales	(5,046)	3,976	(10,845)
Total costs and operating expenses	6,744,862	6,062,577	5,527,375
Income from operations	1,443,274	1,200,528	1,108,162
Interest income	94,227	36,268	2,644
Interest expense	(402,022)	(356,337)	(336,082)
Other expense	(11,214)	(51,417)	(50,647)
Gain (loss) on debt extinguishment	(35)	327	(115,125)
Income before income taxes	1,124,230	829,369	608,952
Income tax expense	(155,250)	(124,792)	(109,224)
Net income	968,980	704,577	499,728
Net (income) loss attributable to non-controlling interests	198	(232)	463
Net income attributable to common shareholders	$ 969,178	$ 704,345	$ 500,191
Earnings per share ("EPS") attributable to common shareholders:
Basic EPS (in dollars per share)	$ 10.35	$ 7.69	$ 5.57
Weighted-average shares for basic EPS (in shares)	93,615	91,569	89,772
Diluted EPS (in dollars per share)	$ 10.31	$ 7.67	$ 5.53
Weighted-average shares for diluted EPS (in shares)	94,009	91,828	90,409

EQIX Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 2,095,712	$ 1,906,421
Accounts receivable, net	1,003,792	855,380
Other current assets	468,193	459,138
Assets held for sale	0	84,316
Total current assets	3,567,697	3,305,255
Property, plant and equipment, net	18,600,833	16,649,534
Operating lease right-of-use assets	1,448,890	1,427,950
Goodwill	5,737,122	5,654,217
Intangible assets, net	1,704,870	1,897,649
Other assets	1,591,312	1,376,137
Total assets	32,650,724	30,310,742
Current liabilities:
Accounts payable and accrued expenses	1,186,618	1,004,800
Accrued property, plant and equipment	398,216	281,347
Current portion of operating lease liabilities	130,745	139,538
Current portion of finance lease liabilities	138,657	151,420
Current portion of mortgage and loans payable	7,705	9,847
Current portion of senior notes	998,580	0
Other current liabilities	301,729	251,346
Total current liabilities	3,162,250	1,838,298
Operating lease liabilities, less current portion	1,331,333	1,272,812
Finance lease liabilities, less current portion	2,122,484	2,143,690
Mortgage and loans payable, less current portion	663,263	642,708
Senior notes, less current portion	12,062,346	12,109,539
Other liabilities	795,549	797,863
Total liabilities	20,137,225	18,804,910
Commitments and contingencies (Note 15)
Redeemable non-controlling interest	25,000	0
Common stockholders' equity:
Common stock, $0.001 par value per share: 300,000,000 shares authorized in 2023 and 2022; 94,629,955 issued and 94,479,277 outstanding in 2023 and 92,813,976 issued and 92,620,703 outstanding in 2022	95	93
Additional paid-in capital	18,595,664	17,320,017
Treasury stock, at cost; 150,678 shares in 2023 and 193,273 shares in 2022	(56,117)	(71,966)
Accumulated dividends	(8,694,647)	(7,317,570)
Accumulated other comprehensive loss	(1,290,117)	(1,389,446)
Retained earnings	3,934,016	2,964,838
Total common stockholders' equity	12,488,894	11,505,966
Non-controlling interests	(395)	(134)
Total stockholders' equity	12,488,499	11,505,832
Total liabilities, redeemable non-controlling interest and stockholders' equity	$ 32,650,724	$ 30,310,742

About Equinix Inc

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

CEO	Mr. Charles J. Meyers
WEBSITE	equinix.com
INDUSTRY	REIT Mortgage
EMPLOYEES	12621

Equinix Inc Frequently Asked Questions

What is the ticker symbol for Equinix Inc? What does EQIX stand for in stocks?

EQIX is the stock ticker symbol of Equinix Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Equinix Inc (EQIX)?

As of Thu Apr 25 2024, market cap of Equinix Inc is 69.84 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EQIX stock?

You can check EQIX's fair value in chart for subscribers.

What is the fair value of EQIX stock?

You can check EQIX's fair value in chart for subscribers. The fair value of Equinix Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Equinix Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EQIX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Equinix Inc a good stock to buy?

The fair value guage provides a quick view whether EQIX is over valued or under valued. Whether Equinix Inc is cheap or expensive depends on the assumptions which impact Equinix Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EQIX.

What is Equinix Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, EQIX's PE ratio (Price to Earnings) is 72.07 and Price to Sales (PS) ratio is 8.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EQIX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Equinix Inc's stock?

In the past 10 years, Equinix Inc has provided 0.174 (multiply by 100 for percentage) rate of return.