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EQIX

691.47USD-6.68(-0.96%)Market Closed

Equinix Inc

Market Summary

USD691.47-6.68Market Closed
-0.96%

EQIX Alerts

EQIX Stock Price

RSI Chart

Valuation

Market Cap

51.7B

Price/Earnings

80.93

Price/Sales

7.46

Price/Cashflow

17.6

MarketCap/EBT

66.7

Price/Sales

Profitability

Operating Margin

47.47%

EBT Margin

11.19%

Return on Equity

6.01%

Return on Assets

2.2%

Fundamentals

Revenue

Revenue (TTM)

7.1B

Revenue Y/Y

9.88%

Revenue Q/Q

1.29%

Earnings

Earnings (TTM)

698.9M

Earnings Y/Y

39.15%

Earnings Q/Q

-2.09%

Price Action

52 Week Range

492.49837.92
(Low)(High)

Last 7 days

3.9%

Last 30 days

26.5%

Last 90 days

11.2%

Trailing 12 Months

-11.5%

Financial Health

Current Ratio

2.04

Debt/Equity

1.21

Debt/Cashflow

0.23

Investor Care

Dividend Yield

2.1%

Dividend/Share (TTM)

12.17

Shares Dilution (1Y)

2.77%

Diluted EPS (TTM)

7.64

Peers (Alternatives to Equinix)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
95.3B
10.5B
6.46% -12.51%
32.83
9.12
15.69% 17.08%
57.4B
6.9B
7.15% -19.54%
37.11
8.5
11.28% 45.44%
54.7B
4.0B
-3.95% -3.86%
24.01
14.3
23.61% 170.44%
51.7B
7.1B
26.52% -11.50%
80.93
7.46
9.32% 63.32%
29.1B
2.5B
9.49% -10.43%
82.09
11.86
12.52% 31.78%
13.1B
1.7B
5.25% 5.46%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
8.15% -6.36%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
9.42% -32.13%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
12.87% 20.67%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
5.10% -34.63%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
9.24% -24.88%
63.8
2.74
5.87% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
5.18% 5.04%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-2.03% -18.22%
538.82
1.96
2.16% 107.41%
1.2B
-
4.66% 15.10%
5
3.44
120.87% 1462.96%

Financials for Equinix

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.4%7,0996,9336,7746,6366,493
Cost Of Revenue1.3%3,6913,6423,5773,4723,393
  S&GA Expenses1.3%769759751741738
Earnings Before Taxes5.3%817776601609536
Net Income9.3%699639491500428
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.0%29,32629,03828,02327,91927,774
  Current Assets22.1%4,0173,2903,0632,9572,899
    Cash Equivalents32.2%2,5011,8911,6951,5361,379
  Net PPE-2.0%15,14115,45515,51315,44615,307
  Goodwill-3.4%5,3945,5855,3165,3725,402
Liabilities-1.3%18,17218,40917,08017,03717,206
  Current Liabilities5.4%1,6961,6091,6071,6061,781
  Long Term Debt-1.2%12,73812,89411,79211,72211,751
Shareholder's Equity4.9%11,15410,63010,94310,88210,569
  Retained Earnings8.1%2,8362,6242,4082,2602,137
  Additional Paid-In Capital0.7%16,25916,14515,98515,489-
Shares Outstanding1.6%9391919190
Minority Interest-50.5%-0.29-0.19-0.07-0.32-0.19
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations5.3%3,0952,9402,7372,5472,341
  Share Based Compensation1.8%393386375364347
Cashflow From Investing4.8%-3,112.12-3,270.21-2,629.81-3,006.74-3,525.82
Cashflow From Financing145.3%1,275520-167.80414-100.89
  Dividend Payments2.6%1,1231,0951,0701,0431,021

Risks

What is the probability of a big loss on EQIX?

78.1%


Probability that Equinix stock will be more than 20% underwater in next one year

3.9%


Probability that Equinix stock will be more than 30% underwater in next one year.

0%


Probability that Equinix stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does EQIX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Equinix was unfortunately bought at previous high price.

Returns

Cumulative Returns on EQIX

16.5%


10-Year Cumulative Returns

15.3%


7-Year Cumulative Returns

10.3%


5-Year Cumulative Returns

10.1%


3-Year Cumulative Returns

What are the long-term rolling returns for EQIX?

FIve years rolling returns for Equinix.

Which funds bought or sold EQIX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
REDUCED
-7.34
-963,000
3,904,000
0.16%
2022-11-23
Eagle Bay Advisors LLC
ADDED
10.53
-483
12,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-6.59
-447,000
1,888,000
0.06%
2022-11-22
CVA Family Office, LLC
ADDED
70.51
25,000
76,000
0.02%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
4,965,000
4,965,000
0.06%
2022-11-21
Ninepoint Partners LP
REDUCED
-13.05
-73,000
224,000
0.03%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.85
-14,387,000
87,209,000
0.15%
2022-11-21
DEARBORN PARTNERS LLC
REDUCED
-0.09
-3,914,000
25,076,000
1.11%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-5,000
31,000
-%
2022-11-18
Industrial Alliance Investment Management Inc.
REDUCED
-0.43
-1,198,000
7,486,000
0.22%

1–10 of 47

Latest Funds Activity

Are funds buying EQIX calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own EQIX

Equinix News

GuruFocus.com

This Insider Just Sold Shares of Equinix Inc.3 hours ago

Seeking Alpha

Pivot Pending.5 days ago

EQIX Fair Value

Recent SEC filings of Equinix

View All Filings
Date Filed Form Type Document
Nov 22, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 07, 2022
424B5
Prospectus Filed
Nov 07, 2022
8-K
Current Report
Nov 04, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Nov 01, 2022
4
Insider Trading
Sep 08, 2022
4
Insider Trading
Sep 06, 2022
4
Insider Trading
Sep 06, 2022
4
Insider Trading

Latest Insider Trading transactions for EQIX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-21
MORANDI BRANDI GALVIN
GIFTED
-
-
-70
Chief Legal and HR Officer
2022-11-16
PAISLEY CHRISTOPHER B
SOLD
-32,934.5
658.69
-50
-
2022-10-28
MORANDI BRANDI GALVIN
SOLD
-35,738.9
549.83
-65
Chief Legal and HR Officer
2022-09-08
Meyers Charles J
SOLD
-245,050
650
-377
CEO and President
2022-09-02
Miller Simon
SOLD
-385,446
643.483
-599
Chief Accounting Officer
2022-09-02
Lin Jonathan
SOLD
-156,377
643.527
-243
EVP, GM, Data Center Services
2022-09-02
Meyers Charles J
SOLD
-185,634
653.641
-284
CEO and President
2022-09-02
TAYLOR KEITH D
SOLD
-51,566.6
652.742
-79
Chief Financial Officer
2022-09-02
MORANDI BRANDI GALVIN
SOLD
-43,085.4
652.809
-66
Chief Legal and HR Officer
2022-09-02
Campbell Michael Earl
SOLD
-43,096.8
652.982
-66
Chief Sales Officer

1–10 of 50

Charles J. Meyers
10900
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.

EQIX Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenues$ 1,840,659$ 1,675,176$ 5,392,260$ 4,929,159
Costs and operating expenses:    
Cost of revenues934,669885,6502,780,8012,561,987
Sales and marketing193,089182,997579,327551,434
General and administrative375,483334,6251,098,518958,086
Transaction costs2,0075,19711,31013,364
(Gain) loss on asset sales2,252(15,414)3,976(14,149)
Total costs and operating expenses1,507,5001,393,0554,473,9324,070,722
Income from operations333,159282,121918,328858,437
Interest income11,19241117,8061,514
Interest expense(91,346)(78,943)(262,137)(255,855)
Other income (expense)(6,735)1,482(22,522)(44,845)
Gain (loss) on debt extinguishment75179184(115,339)
Income before income taxes246,345205,250651,659443,912
Income tax expense(34,606)(53,224)(75,985)(67,325)
Net income211,739152,026575,674376,587
Net (income) loss attributable to non-controlling interests68190(92)330
Net income attributable to Equinix$ 211,807$ 152,216$ 575,582$ 376,917
Earnings per share ("EPS") attributable to Equinix:    
Basic EPS (in dollars per share)$ 2.30$ 1.69$ 6.31$ 4.21
Weighted-average shares for basic EPS (in shares)91,89689,85891,23489,614
Diluted EPS (in dollars per share)$ 2.30$ 1.68$ 6.29$ 4.18
Weighted-average shares for diluted EPS (in shares)92,13590,46791,51990,202

EQIX Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 2,500,816$ 1,536,358
Accounts receivable, net of allowance of $12,725 and $11,635778,858681,809
Other current assets656,865462,739
Assets held for sale80,516276,195
Total current assets4,017,0552,957,101
Property, plant and equipment, net15,140,59715,445,775
Operating lease right-of-use assets1,377,1951,282,418
Goodwill5,393,7085,372,071
Intangible assets, net1,892,7811,935,267
Other assets1,504,530926,066
Total assets29,325,86627,918,698
Current liabilities:  
Accounts payable and accrued expenses922,545879,144
Accrued property, plant and equipment275,348187,334
Current portion of operating lease liabilities136,848144,029
Current portion of finance lease liabilities140,010147,841
Current portion of mortgage and loans payable9,81033,087
Other current liabilities211,428214,519
Total current liabilities1,695,9891,605,954
Operating lease liabilities, less current portion1,227,5431,107,180
Finance lease liabilities, less current portion1,902,0601,989,668
Mortgage and loans payable, less current portion599,132586,577
Senior notes, less current portion12,008,12510,984,144
Other liabilities738,924763,411
Total liabilities18,171,77317,036,934
Commitments and contingencies (Note $11)
Equinix stockholders' equity  
Common stock, $0.001 par value per share: 300,000,000 shares authorized; 92,786,363 issued and 92,536,979 outstanding in 2022 and 90,872,826 issued and 90,571,406 outstanding in 20219391
Additional paid-in capital17,193,80515,984,597
Treasury stock, at cost; 249,384 shares in 2022 and 301,420 shares in 2021(92,845)(112,208)
Accumulated dividends(7,026,832)(6,165,140)
Accumulated other comprehensive loss(1,755,917)(1,085,751)
Retained earnings2,836,0752,260,493
Total Equinix stockholders' equity11,154,37910,882,082
Non-controlling interests(286)(318)
Total stockholders' equity11,154,09310,881,764
Total liabilities and stockholders' equity$ 29,325,866$ 27,918,698