Last 7 days
-5.7%
Last 30 days
-3.7%
Last 90 days
-1.9%
Trailing 12 Months
20.7%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-06 | VAN CAMP PETER | gifted | - | - | -261 | executive chairman |
2023-09-06 | Crenshaw Scott | sold | -830,581 | 765 | -1,085 | evp, gm digital services |
2023-09-05 | Lin Jonathan | sold | -139,551 | 766 | -182 | evp, gm, data center services |
2023-09-05 | Miller Simon | sold | -401,019 | 766 | -523 | chief accounting officer |
2023-09-05 | Crenshaw Scott | sold | -534,688 | 767 | -697 | evp, gm digital services |
2023-09-01 | Crenshaw Scott | acquired | - | - | 1,782 | evp, gm digital services |
2023-09-01 | Lin Jonathan | acquired | - | - | 417 | evp, gm, data center services |
2023-09-01 | Miller Simon | acquired | - | - | 1,067 | chief accounting officer |
2023-08-30 | TAYLOR KEITH D | sold | -1,580,830 | 790 | -2,000 | chief financial officer |
2023-08-16 | PAISLEY CHRISTOPHER B | sold | -57,014 | 760 | -75.00 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | 2,825 | 34,805 | -% |
2023-09-21 | Halpern Financial, Inc. | unchanged | - | 16,983 | 211,664 | 0.07% |
2023-09-20 | BARCLAYS PLC | added | 157 | 108,344,000 | 168,540,000 | 0.11% |
2023-09-12 | Farther Finance Advisors, LLC | added | 7.69 | 4,804 | 32,925 | 0.01% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 62.00 | 784 | -% |
2023-09-05 | Covenant Partners, LLC | unchanged | - | 40,130 | 500,154 | 0.18% |
2023-08-29 | EFG Asset Management (Americas) Corp. | sold off | -100 | -6,104,340 | - | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 5,322 | 51,531 | 0.01% |
2023-08-25 | Yarbrough Capital, LLC | unchanged | - | 33,715 | 420,192 | 0.02% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 132,090 | 1,646,270 | 0.02% |
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 |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 07, 2023 | 4 | Insider Trading | |
Sep 07, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 06, 2023 | 144/A | 144/A | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 05, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 05, 2023 | 144 | Notice of Insider Sale Intent |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 77.5B | 10.9B | -6.54% | -28.08% | 89.74 | 7.1 | 6.66% | -68.83% |
EQIX | 68.5B | 7.7B | -3.72% | 20.72% | 84.93 | 8.86 | 11.47% | 26.09% |
PSA | 48.1B | 4.4B | -0.64% | -17.74% | 11.24 | 10.95 | 14.80% | 87.79% |
CCI | 39.9B | 7.2B | -7.56% | -40.09% | 23.4 | 5.58 | 5.96% | 10.35% |
SBAC | 21.8B | 2.7B | -8.70% | -31.73% | 42.89 | 8.03 | 10.56% | 43.21% |
KIM | 11.0B | 1.8B | -6.40% | -7.72% | 27.11 | 6.23 | 6.75% | -42.80% |
MID-CAP | ||||||||
FRT | 7.6B | 1.1B | -5.28% | 2.70% | 19.53 | 6.84 | 8.31% | 38.10% |
KRG | 4.7B | 820.5M | -1.92% | 22.31% | 167.75 | 5.74 | 29.95% | 125.56% |
VNO | 4.3B | 1.8B | 1.49% | -8.17% | -11.49 | 2.34 | 5.60% | -286.96% |
MAC | 2.4B | 866.2M | 1.07% | 40.86% | -27.99 | 2.82 | 0.51% | -335.26% |
SMALL-CAP | ||||||||
SLG | 2.4B | 882.0M | 5.01% | -4.95% | -5.46 | 2.74 | 11.76% | -239.94% |
SKT | 2.4B | 426.3M | -1.96% | 60.49% | 25.05 | 5.56 | 1.38% | 137.97% |
PGRE | 1.0B | 732.3M | -3.86% | -29.19% | -12.06 | 1.4 | -0.03% | -4012.90% |
AIV | 1.0B | 339.3M | -11.18% | -12.50% | -5.75 | 2.99 | 88.48% | -168.70% |
17.2%
12.5%
12.3%
0.4%
80.4%
11.2%
0%
Y-axis is the maximum loss one would have experienced if Equinix was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 2.7% | 7,728 | 7,527 | 7,263 | 7,099 | 6,933 | 6,774 | 6,636 | 6,493 | 6,338 | 6,150 | 5,999 | 5,852 | 5,729 | 5,643 | 5,562 | 5,455 | 5,342 | 5,219 | 5,072 | 4,962 | 4,830 |
Cost Of Revenue | 3.4% | 3,972 | 3,842 | 3,752 | 3,691 | 3,642 | 3,577 | 3,472 | 3,393 | 3,275 | 3,149 | 3,074 | 2,969 | 2,906 | 2,864 | 2,810 | 2,755 | 2,711 | 2,665 | 2,605 | 2,554 | 2,476 |
Costs and Expenses | 3.0% | 6,396 | 6,210 | 6,063 | 5,931 | 5,816 | 5,696 | 5,527 | 5,406 | 5,245 | 5,053 | 4,946 | 4,714 | 4,594 | 4,500 | 4,393 | 4,328 | 4,234 | 4,188 | 4,094 | 4,023 | 3,932 |
S&GA Expenses | 2.6% | 826 | 805 | 787 | 769 | 759 | 751 | 741 | 738 | 728 | 721 | 718 | 692 | 681 | 662 | 651 | 652 | 649 | 644 | 634 | 626 | 625 |
EBITDA | -100.0% | - | 2,887 | 2,717 | 2,681 | 2,617 | 2,624 | 2,601 | 2,491 | 2,345 | 2,428 | 2,350 | 2,396 | 2,456 | 2,454 | 2,458 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.38* | 0.37* | 0.38* | 0.41* | 0.39* | 0.39* | 0.38* | 0.37* | 0.39* | 0.39* | 0.41* | 0.43* | 0.43* | 0.44* | - | - | - | - | - | - |
Interest Expenses | 2.4% | 383 | 374 | 356 | 342 | 330 | 326 | 336 | 347 | 368 | 389 | 406 | 433 | 452 | 464 | 480 | 492 | 504 | 518 | 521 | 518 | 509 |
Earnings Before Taxes | 2.0% | 982 | 963 | 829 | 817 | 776 | 601 | 609 | 536 | 428 | 556 | 516 | 586 | 668 | 681 | 693 | 666 | 631 | 514 | 433 | 391 | 330 |
EBT Margin | -100.0% | - | 0.13* | 0.11* | 0.12* | 0.11* | 0.09* | 0.09* | 0.08* | 0.07* | 0.09* | 0.09* | 0.10* | 0.12* | 0.12* | 0.12* | - | - | - | - | - | - |
Net Income | -1.1% | 806 | 816 | 704 | 699 | 640 | 492 | 500 | 428 | 342 | 407 | 370 | 444 | 498 | 508 | 507 | 492 | 496 | 421 | 365 | 321 | 276 |
Net Income Margin | -100.0% | - | 0.11* | 0.10* | 0.10* | 0.09* | 0.07* | 0.08* | 0.07* | 0.05* | 0.07* | 0.06* | 0.08* | 0.09* | 0.09* | 0.09* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 3,073 | 2,963 | 3,095 | 2,940 | 2,737 | 2,547 | 2,341 | 2,209 | 297 | 422 | 266 | 233 | 201 | 105 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.9% | 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 | 20,288 | 20,070 |
Current Assets | -6.2% | 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 | 1,807 | 1,851 |
Cash Equivalents | -11.4% | 2,342 | 2,643 | 1,906 | 2,501 | 1,891 | 1,695 | 1,549 | 1,379 | 1,800 | 1,753 | 1,605 | 2,645 | 4,785 | 1,171 | 1,887 | 1,402 | 1,614 | 1,634 | 628 | 870 | 966 |
Net PPE | 2.1% | 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 | 10,733 | 10,683 | 10,379 |
Goodwill | 0.3% | 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 | 4,836 | 4,853 | - |
Liabilities | 1.4% | 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 | 13,128 | 13,146 |
Current Liabilities | 5.7% | 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 | 1,461 | 1,434 |
Shareholder's Equity | 0.0% | 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 | 7,160 | 6,925 |
Retained Earnings | 6.4% | 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 | 780 | 655 |
Additional Paid-In Capital | 0.6% | 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 | 10,593 | 10,253 |
Shares Outstanding | 0.1% | 94.00 | 94.00 | 93.00 | 93.00 | 91.00 | 91.00 | 91.00 | 90.00 | 90.00 | 89.00 | 89.00 | 89.00 | 87.00 | 86.00 | 85.00 | 85.00 | 84.00 | 82.00 | 81.00 | 80.00 | 79.00 |
Minority Interest | 42.3% | -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 | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -2.0% | 3,013 | 3,073 | 2,963 | 3,095 | 2,940 | 2,737 | 2,547 | 2,341 | 2,209 | 2,184 | 2,310 | 2,153 | 2,120 | 2,088 | 1,993 | 2,022 | 1,940 | 1,936 | 1,815 | 1,752 | 1,725 |
Share Based Compensation | 0.0% | 413 | 413 | 404 | 393 | 386 | 375 | 364 | 347 | 327 | 309 | 295 | 229 | 218 | 204 | 237 | 215 | 199 | 187 | 181 | 186 | 184 |
Cashflow From Investing | 19.3% | -2,925 | -3,626 | -3,362 | -3,112 | -3,270 | -2,629 | -3,006 | -3,525 | -3,307 | -3,108 | -3,426 | -2,553 | -2,526 | -2,520 | -1,944 | -2,203 | -2,247 | -3,089 | -3,075 | -3,133 | -2,877 |
Cashflow From Financing | -75.9% | 378 | 1,568 | 857 | 1,275 | 520 | -167 | 414 | -100 | -1,923 | 1,465 | 816 | 1,619 | 3,581 | -21.95 | 1,202 | 720 | 950 | 784 | 471 | 671 | 1,063 |
Dividend Payments | 3.1% | 1,225 | 1,188 | 1,151 | 1,123 | 1,095 | 1,070 | 1,043 | 1,021 | 1,000 | 977 | 948 | 921 | 893 | 865 | 836 | 810 | 783 | 756 | 739 | 712 | 686 |
Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Revenues | $ 2,018,408 | $ 1,817,154 | $ 4,016,617 | $ 3,551,601 |
Costs and operating expenses: | ||||
Cost of revenues | 1,060,800 | 930,257 | 2,066,891 | 1,846,132 |
Sales and marketing | 215,016 | 193,727 | 425,687 | 386,238 |
General and administrative | 406,429 | 370,348 | 801,303 | 723,035 |
Transaction costs | 5,718 | 5,063 | 7,318 | 9,303 |
(Gain) loss on asset sales | (1,941) | (94) | (1,089) | 1,724 |
Total costs and operating expenses | 1,686,022 | 1,499,301 | 3,300,110 | 2,966,432 |
Income from operations | 332,386 | 317,853 | 716,507 | 585,169 |
Interest income | 23,503 | 4,508 | 42,891 | 6,614 |
Interest expense | (99,973) | (90,826) | (197,454) | (170,791) |
Other expense | (11,518) | (6,238) | (4,015) | (15,787) |
Gain (loss) on debt extinguishment | 0 | (420) | 254 | 109 |
Income before income taxes | 244,398 | 224,877 | 558,183 | 405,314 |
Income tax expense | (37,385) | (8,635) | (92,440) | (41,379) |
Net income | 207,013 | 216,242 | 465,743 | 363,935 |
Net (income) loss attributable to non-controlling interests | 17 | 80 | 73 | (160) |
Net income attributable to Equinix | $ 207,030 | $ 216,322 | $ 465,816 | $ 363,775 |
Earnings per share (“EPS”) attributable to Equinix: | ||||
Basic EPS (in dollars per share) | $ 2.21 | $ 2.38 | $ 5.00 | $ 4.00 |
Weighted-average shares for basic EPS (in shares) | 93,535 | 91,036 | 93,253 | 90,904 |
Diluted EPS (in dollars per share) | $ 2.21 | $ 2.37 | $ 4.98 | $ 3.99 |
Weighted-average shares for diluted EPS (in shares) | 93,857 | 91,262 | 93,599 | 91,213 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 2,342,177 | $ 1,906,421 |
Accounts receivable, net of allowance of $16,724 and $12,225 | 1,006,116 | 855,380 |
Other current assets | 395,723 | 459,138 |
Assets held for sale | 0 | 84,316 |
Total current assets | 3,744,016 | 3,305,255 |
Property, plant and equipment, net | 17,267,282 | 16,649,534 |
Operating lease right-of-use assets | 1,529,064 | 1,427,950 |
Goodwill | 5,732,010 | 5,654,217 |
Intangible assets, net | 1,807,485 | 1,897,649 |
Other assets | 1,487,088 | 1,376,137 |
Total assets | 31,566,945 | 30,310,742 |
Current liabilities: | ||
Accounts payable and accrued expenses | 1,023,031 | 1,004,800 |
Accrued property, plant and equipment | 316,090 | 281,347 |
Current portion of operating lease liabilities | 139,661 | 139,538 |
Current portion of finance lease liabilities | 151,554 | 151,420 |
Current portion of mortgage and loans payable | 8,419 | 9,847 |
Other current liabilities | 215,473 | 251,346 |
Total current liabilities | 1,854,228 | 1,838,298 |
Operating lease liabilities, less current portion | 1,403,269 | 1,272,812 |
Finance lease liabilities, less current portion | 2,136,159 | 2,143,690 |
Mortgage and loans payable, less current portion | 665,916 | 642,708 |
Senior notes, less current portion | 12,672,826 | 12,109,539 |
Other liabilities | 785,547 | 797,863 |
Total liabilities | 19,517,945 | 18,804,910 |
Commitments and contingencies (Note 11) | ||
Redeemable noncontrolling interest, maximum redemption amount | 25,000 | 0 |
Equinix stockholders’ equity: | ||
Common stock, $0.001 par value per share: 300,000,000 shares authorized; 93,736,659 issued and 93,564,869 outstanding in 2023 and 92,813,976 issued and 92,620,703 outstanding in 2022 | 94 | 93 |
Additional paid-in capital | 17,909,043 | 17,320,017 |
Treasury stock, at cost; 171,790 shares in 2023 and 193,273 shares in 2022 | (63,973) | (71,966) |
Accumulated dividends | (7,963,253) | (7,317,570) |
Accumulated other comprehensive loss | (1,288,456) | (1,389,446) |
Retained earnings | 3,430,654 | 2,964,838 |
Total Equinix stockholders' equity | 12,024,109 | 11,505,966 |
Non-controlling interests | (109) | (134) |
Total stockholders’ equity | 12,024,000 | 11,505,832 |
Total liabilities, redeemable non-controlling interest and stockholders’ equity | $ 31,566,945 | $ 30,310,742 |