Last 7 days
-4.3%
Last 30 days
-4.3%
Last 90 days
2.3%
Trailing 12 Months
-3.6%
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% |
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 |
81.5%
10%
0%
Y-axis is the maximum loss one would have experienced if Equinix was unfortunately bought at previous high price.
14.6%
13.2%
12.8%
12.9%
FIve years rolling returns for Equinix.
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% |
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 |
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% |
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 |
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 |
Consolidated 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 |
Consolidated 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 |