Market Summary
USD672.60+9.57
Market Closed1.44%
EQIX Alerts
EQIX Stock Price
EQIX RSI Chart
EQIX Valuation
EQIX Price/Sales (Trailing)
EQIX Profitability
EQIX Fundamentals
EQIX Revenue
EQIX Earnings
Price Action
52 Week Range
492.49765.54
(Low)(High)
Last 7 days
-4.3%
Last 30 days
-4.3%
Last 90 days
2.3%
Trailing 12 Months
-3.6%
EQIX Financial Health
EQIX Investor Care
Peers (Alternatives to Equinix)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AMT | 89.8B | 10.7B | -5.79% | -16.07% | 52.91 | 8.38 | 14.47% | -33.92% |
EQIX | 62.3B | 7.3B | -4.34% | -3.63% | 88.45 | 8.58 | 9.46% | 40.82% |
CCI | 54.3B | 7.0B | -8.17% | -26.99% | 32.44 | 7.78 | 10.19% | 52.83% |
PSA | 49.9B | 4.2B | -4.69% | -18.91% | 11.48 | 11.94 | 22.43% | 122.66% |
SBAC | 26.8B | 2.6B | -9.12% | -22.12% | 58.03 | 10.17 | 14.06% | 94.18% |
KIM | 10.9B | 1.7B | -4.07% | -25.83% | 86.7 | 6.32 | 26.61% | -85.07% |
| MID-CAP | ||||||||
FRT | 7.5B | 1.1B | -13.40% | -19.63% | 19.4 | 6.96 | 12.95% | 47.42% |
KRG | 4.2B | 802.0M | -10.76% | -9.22% | -332.18 | 5.23 | 114.83% | 84.36% |
VNO | 2.5B | 1.8B | -37.64% | -69.18% | -7.3 | 1.41 | 13.26% | -296.88% |
MAC | 2.0B | 859.2M | -23.08% | -34.08% | -30.3 | 2.33 | 1.38% | -563.21% |
| SMALL-CAP | ||||||||
SKT | 2.0B | 421.4M | 5.30% | 16.12% | 22.96 | 4.63 | 3.35% | 1705.32% |
SLG | 1.3B | 826.7M | -43.31% | -73.02% | -17.18 | 1.62 | -2.04% | -117.36% |
AIV | 1.0B | 190.3M | -5.57% | -5.31% | 11.05 | 5.35 | 12.08% | 1950.56% |
PGRE | 868.4M | 740.4M | -27.62% | -62.25% | -23.86 | 1.17 | 1.87% | -78.85% |
Financials for Equinix
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.3% | 7,263 | 7,099 | 6,933 | 6,774 | 6,636 |
| Cost Of Revenue | 1.6% | 3,752 | 3,691 | 3,642 | 3,577 | 3,472 |
| S&GA Expenses | 2.3% | 787 | 769 | 759 | 751 | 741 |
| Costs and Expenses | 2.2% | 6,063 | 5,931 | 5,816 | 5,696 | 5,527 |
| EBITDA | 1.4% | 2,717 | 2,681 | 2,617 | 2,624 | - |
| EBITDA Margin | -0.9% | 0.37* | 0.38* | 0.41* | 0.39* | - |
| Earnings Before Taxes | 1.6% | 829 | 817 | 776 | 601 | 609 |
| EBT Margin | -0.7% | 0.11* | 0.12* | 0.11* | 0.09* | - |
| Interest Expenses | 4.1% | 356 | 342 | 330 | 326 | 336 |
| Net Income | 0.8% | 704 | 699 | 639 | 492 | 500 |
| Net Income Margin | -1.5% | 0.10* | 0.10* | 0.09* | 0.07* | - |
| Free Cahsflow | -4.3% | 2,963 | 3,095 | 2,940 | 2,737 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 3.4% | 30,311 | 29,326 | 29,038 | 28,023 | 27,919 |
| Current Assets | -17.7% | 3,305 | 4,017 | 3,290 | 3,063 | 2,957 |
| Cash Equivalents | -23.8% | 1,906 | 2,501 | 1,891 | 1,695 | 1,536 |
| Net PPE | 10.0% | 16,650 | 15,141 | 15,455 | 15,513 | 15,446 |
| Goodwill | 4.8% | 5,654 | 5,394 | 5,585 | 111 | 5,372 |
| Liabilities | 3.5% | 18,805 | 18,172 | 18,409 | 17,080 | 17,037 |
| Current Liabilities | 8.4% | 1,838 | 1,696 | 1,609 | 1,607 | 1,606 |
| Long Term Debt | -1.2% | 12,738 | 12,894 | 11,792 | 11,722 | - |
| Shareholder's Equity | 3.2% | 11,506 | 11,154 | 10,630 | 10,943 | 10,882 |
| Retained Earnings | 4.5% | 2,965 | 2,836 | 2,624 | 2,408 | 2,260 |
| Additional Paid-In Capital | 0.7% | 17,320 | 17,194 | 16,259 | 16,145 | 15,985 |
| Shares Outstanding | 0.1% | 93.00 | 93.00 | 91.00 | 91.00 | 91.00 |
| Minority Interest | 53.1% | -0.13 | -0.29 | -0.19 | -0.07 | -0.32 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -4.3% | 2,963 | 3,095 | 2,940 | 2,737 | 2,547 |
| Share Based Compensation | 2.8% | 404 | 393 | 386 | 375 | 364 |
| Cashflow From Investing | -8.1% | -3,362 | -3,112 | -3,270 | -2,629 | -3,006 |
| Cashflow From Financing | -32.8% | 857 | 1,275 | 520 | -167 | 414 |
| Dividend Payments | 2.5% | 1,151 | 1,123 | 1,095 | 1,070 | 1,043 |
Risks for EQIX
What is the probability of a big loss on EQIX?
81.5%
Probability that Equinix stock will be more than 20% underwater in next one year
10%
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.
Drawdowns
Returns for EQIX
Cumulative Returns on EQIX
14.6%
10-Year Cumulative Returns
13.2%
7-Year Cumulative Returns
12.8%
5-Year Cumulative Returns
12.9%
3-Year Cumulative Returns
What are the long-term rolling returns for EQIX?
FIve years rolling returns for Equinix.
Annualized Returns
Which funds bought or sold EQIX recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -7.54 | 120,661 | 2,008,660 | 0.06% |
2023-03-10 | MATHER GROUP, LLC. | added | 116 | 425,070 | 709,070 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 51.25 | 14,235,100 | 33,428,100 | 0.04% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -9.74 | 1,239,000 | 32,758,000 | 0.16% |
2023-03-03 | TIAA, FSB | reduced | -79.95 | -1,464,480 | 439,525 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 746,079 | 746,079 | 0.01% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | unchanged | - | 895 | 5,895 | -% |
2023-03-01 | SMITHBRIDGE ASSET MANAGEMENT INC/DE | new | - | 545,000 | 545,000 | 0.14% |
2023-02-28 | CYPRESS ASSET MANAGEMENT INC/TX | new | - | 212,230 | 212,230 | 0.08% |
2023-02-28 | Voya Investment Management LLC | reduced | -1.86 | 5,029,950 | 43,702,900 | 0.06% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
EQIX Alerts
Equinix News
Schedule 13G FIlings of Equinix
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Jan 29, 2021 | blackrock inc. | 7.7% | 6,829,117 | SC 13G/A | |
| Feb 11, 2020 | vanguard group inc | 13.11% | 11,183,560 | SC 13G/A | |
| Feb 05, 2020 | blackrock inc. | 7.7% | 6,543,964 | SC 13G/A |
EQIX Fair Value
Equinix fair value in different scenarios
The table shows the Fair Value estimates for Equinix for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 116.07 -82.74% | 137.74 -79.52% | 171.95 -74.44% | 224.94 -66.56% | 281.32 -58.17% |
| Current Inflation | 108.11 -83.93% | 126.45 -81.20% | 154.87 -76.97% | 199.27 -70.37% | 246.42 -63.36% |
| Very High Inflation | 98.31 -85.38% | 112.83 -83.22% | 134.75 -79.97% | 169.51 -74.80% | 206.37 -69.32% |
Historical Equinix Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Equinix
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 13, 2023 | 8-K | Current Report | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 10, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for EQIX
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-09 | TAYLOR KEITH D | sold | -934,958 | 688 | -1,358 | chief financial officer |
2023-03-09 | Lin Jonathan | sold | -475,424 | 690 | -689 | evp, gm, data center services |
2023-03-09 | MORANDI BRANDI GALVIN | sold | -774,226 | 688 | -1,125 | chief legal and hr officer |
2023-03-09 | Crenshaw Scott | sold | -99,775 | 688 | -145 | evp, gm digital services |
2023-03-09 | Campbell Michael Earl | sold | -593,127 | 688 | -861 | chief sales officer |
2023-03-09 | Meyers Charles J | sold | -1,967,680 | 688 | -2,859 | ceo and president |
2023-03-09 | Miller Simon | sold | -281,535 | 690 | -408 | chief accounting officer |
2023-03-09 | VAN CAMP PETER | sold | -374,359 | 688 | -544 | executive chairman |
2023-03-09 | STROHMEYER KARL | sold | -792,970 | 688 | -1,152 | chief customer & rev officer |
2023-03-08 | Miller Simon | acquired | - | - | 408 | chief accounting officer |
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
2022-12-31Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Revenues | $ 7,263,105 | $ 6,635,537 | $ 5,998,545 |
| Costs and operating expenses: | |||
| Cost of revenues | 3,751,501 | 3,472,422 | 3,074,340 |
| Sales and marketing | 786,560 | 741,232 | 718,356 |
| General and administrative | 1,498,701 | 1,301,797 | 1,090,981 |
| Transaction costs | 21,839 | 22,769 | 55,935 |
| Impairment charges | 0 | 0 | 7,306 |
| (Gain) loss on asset sales | 3,976 | (10,845) | (1,301) |
| Total costs and operating expenses | 6,062,577 | 5,527,375 | 4,945,617 |
| Income from operations | 1,200,528 | 1,108,162 | 1,052,928 |
| Interest income | 36,268 | 2,644 | 8,654 |
| Interest expense | (356,337) | (336,082) | (406,466) |
| Other income (expense) | (51,417) | (50,647) | 6,913 |
| Gain (loss) on debt extinguishment | 327 | (115,125) | (145,804) |
| Income before income taxes | 829,369 | 608,952 | 516,225 |
| Income tax expense | (124,792) | (109,224) | (146,151) |
| Net income | 704,577 | 499,728 | 370,074 |
| Net (income) loss attributable to non-controlling interests | (232) | 463 | (297) |
| Net income attributable to Equinix | $ 704,345 | $ 500,191 | $ 369,777 |
| Earnings per share ("EPS") attributable to Equinix: | |||
| Basic EPS (in dollars per share) | $ 7.69 | $ 5.57 | $ 4.22 |
| Weighted-average shares for basic EPS (in shares) | 91,569 | 89,772 | 87,700 |
| Diluted EPS (in dollars per share) | $ 7.67 | $ 5.53 | $ 4.18 |
| Weighted-average shares for diluted EPS (in shares) | 91,828 | 90,409 | 88,410 |
EQIX Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,906,421 | $ 1,536,358 |
| Accounts receivable, net of allowance of $12,225 and $11,635 | 855,380 | 681,809 |
| Other current assets | 459,138 | 462,739 |
| Assets held for sale | 84,316 | 276,195 |
| Total current assets | 3,305,255 | 2,957,101 |
| Property, plant and equipment, net | 16,649,534 | 15,445,775 |
| Operating lease right-of-use assets | 1,427,950 | 1,282,418 |
| Goodwill | 5,654,217 | 5,372,071 |
| Intangible assets, net | 1,897,649 | 1,935,267 |
| Other assets | 1,376,137 | 926,066 |
| Total assets | 30,310,742 | 27,918,698 |
| Current liabilities: | ||
| Accounts payable and accrued expenses | 1,004,800 | 879,144 |
| Accrued property, plant and equipment | 281,347 | 187,334 |
| Current portion of operating lease liabilities | 139,538 | 144,029 |
| Current portion of finance lease liabilities | 151,420 | 147,841 |
| Current portion of mortgage and loans payable | 9,847 | 33,087 |
| Other current liabilities | 251,346 | 214,519 |
| Total current liabilities | 1,838,298 | 1,605,954 |
| Operating lease liabilities, less current portion | 1,272,812 | 1,107,180 |
| Finance lease liabilities, less current portion | 2,143,690 | 1,989,668 |
| Mortgage and loans payable, less current portion | 642,708 | 586,577 |
| Senior notes, less current portion | 12,109,539 | 10,984,144 |
| Other liabilities | 797,863 | 763,411 |
| Total liabilities | 18,804,910 | 17,036,934 |
| Commitments and contingencies (Note 15) | ||
| Equinix stockholders' equity: | ||
| Preferred stock, $0.001 par value per share: 100,000,000 shares authorized in 2022 and 2021; zero shares issued and outstanding | 0 | 0 |
| Common stock, $0.001 par value per share: 300,000,000 shares authorized in 2022 and 2021; 92,813,976 issued and 92,620,703 outstanding in 2022 and 90,872,826 issued and 90,571,406 outstanding in 2021 | 93 | 91 |
| Additional paid-in capital | 17,320,017 | 15,984,597 |
| Treasury stock, at cost; 193,273 shares in 2022 and 301,420 shares in 2021 | (71,966) | (112,208) |
| Accumulated dividends | (7,317,570) | (6,165,140) |
| Accumulated other comprehensive loss | (1,389,446) | (1,085,751) |
| Retained earnings | 2,964,838 | 2,260,493 |
| Total Equinix stockholders' equity | 11,505,966 | 10,882,082 |
| Non-controlling interests | (134) | (318) |
| Total stockholders' equity | 11,505,832 | 10,881,764 |
| Total liabilities and stockholders' equity | $ 30,310,742 | $ 27,918,698 |