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Equinix Inc Stock Research

EQIX

731.91USD-1.60(-0.22%)Market Closed
Watchlist

Market Summary

USD731.91-1.60
Market Closed
-0.22%

EQIX Alerts

  • 5 major insider sales recently.

EQIX Stock Price

EQIX RSI Chart

EQIX Valuation

Market Cap

68.5B

Price/Earnings (Trailing)

84.93

Price/Sales (Trailing)

8.86

EV/EBITDA

22.47

Price/Free Cashflow

22.73

EQIX Price/Sales (Trailing)

EQIX Profitability

Operating Margin

48.96%

EBT Margin

12.79%

Return on Equity

6.78%

Return on Assets

2.61%

Free Cashflow Yield

4.4%

EQIX Fundamentals

EQIX Revenue

Revenue (TTM)

7.7B

Revenue Y/Y

11.08%

Revenue Q/Q

1.01%

EQIX Earnings

Earnings (TTM)

806.3M

Earnings Y/Y

-4.3%

Earnings Q/Q

-19.98%

Price Action

52 Week Range

492.49821.63
(Low)(High)

Last 7 days

-5.7%

Last 30 days

-3.7%

Last 90 days

-1.9%

Trailing 12 Months

20.7%

EQIX Financial Health

Current Ratio

2.28

Debt/Equity

1.11

Debt/Cashflow

0.23

EQIX Investor Care

Dividend Yield

1.56%

Dividend/Share (TTM)

12.4

Shares Dilution (1Y)

2.78%

Diluted EPS (TTM)

8.66

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for EQIX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold EQIX recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 46

Latest Funds Activity

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

Schedule 13G FIlings of Equinix

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of Equinix

View All Filings
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

Peers (Alternatives to Equinix)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
77.5B
10.9B
-6.54% -28.08%
89.74
7.1
6.66% -68.83%
68.5B
7.7B
-3.72% 20.72%
84.93
8.86
11.47% 26.09%
48.1B
4.4B
-0.64% -17.74%
11.24
10.95
14.80% 87.79%
39.9B
7.2B
-7.56% -40.09%
23.4
5.58
5.96% 10.35%
21.8B
2.7B
-8.70% -31.73%
42.89
8.03
10.56% 43.21%
11.0B
1.8B
-6.40% -7.72%
27.11
6.23
6.75% -42.80%
MID-CAP
7.6B
1.1B
-5.28% 2.70%
19.53
6.84
8.31% 38.10%
4.7B
820.5M
-1.92% 22.31%
167.75
5.74
29.95% 125.56%
4.3B
1.8B
1.49% -8.17%
-11.49
2.34
5.60% -286.96%
2.4B
866.2M
1.07% 40.86%
-27.99
2.82
0.51% -335.26%
SMALL-CAP
2.4B
882.0M
5.01% -4.95%
-5.46
2.74
11.76% -239.94%
2.4B
426.3M
-1.96% 60.49%
25.05
5.56
1.38% 137.97%
1.0B
732.3M
-3.86% -29.19%
-12.06
1.4
-0.03% -4012.90%
1.0B
339.3M
-11.18% -12.50%
-5.75
2.99
88.48% -168.70%

Equinix News

MarketBeat
Cornerstone Wealth Management LLC Makes New $459000 ....
MarketBeat,
10 hours ago
Best Stocks
InvestorsObserver
Investor's Business Daily

Returns for EQIX

Cumulative Returns on EQIX

17.2%


10-Year Cumulative Returns

12.5%


7-Year Cumulative Returns

12.3%


5-Year Cumulative Returns

0.4%


3-Year Cumulative Returns

Risks for EQIX

What is the probability of a big loss on EQIX?

80.4%


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

11.2%


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

Financials for Equinix

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.7%7,7287,5277,2637,0996,9336,7746,6366,4936,3386,1505,9995,8525,7295,6435,5625,4555,3425,2195,0724,9624,830
Cost Of Revenue3.4%3,9723,8423,7523,6913,6423,5773,4723,3933,2753,1493,0742,9692,9062,8642,8102,7552,7112,6652,6052,5542,476
Costs and Expenses3.0%6,3966,2106,0635,9315,8165,6965,5275,4065,2455,0534,9464,7144,5944,5004,3934,3284,2344,1884,0944,0233,932
  S&GA Expenses2.6%826805787769759751741738728721718692681662651652649644634626625
EBITDA-100.0%-2,8872,7172,6812,6172,6242,6012,4912,3452,4282,3502,3962,4562,4542,458------
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 Expenses2.4%383374356342330326336347368389406433452464480492504518521518509
Earnings Before Taxes2.0%982963829817776601609536428556516586668681693666631514433391330
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%806816704699640492500428342407370444498508507492496421365321276
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%-3,0732,9633,0952,9402,7372,5472,3412,209297422266233201105------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.9%31,56731,27430,31129,32629,03828,02327,91927,77427,93027,31727,00726,43727,79323,59123,96622,84222,88722,49120,24520,28820,070
  Current Assets-6.2%3,7443,9933,3054,0173,2903,0632,9572,8993,1482,8502,6094,0445,9812,3202,8732,8532,9892,6261,5161,8071,851
    Cash Equivalents-11.4%2,3422,6431,9062,5011,8911,6951,5491,3791,8001,7531,6052,6454,7851,1711,8871,4021,6141,634628870966
  Net PPE2.1%17,26716,91416,65015,14115,45515,51315,44615,30715,14414,76914,50313,11112,66412,17712,15311,22910,99310,89810,73310,68310,379
  Goodwill0.3%5,7325,7125,6545,3945,5851115,3725,4025,4115,3885,4731725,0164,9274,7824,6494,7694,8084,8364,853-
Liabilities1.4%19,51819,24518,80518,17218,40917,08017,03717,20617,28416,74016,37315,88117,40414,92115,12514,08114,13714,06613,02513,12813,146
  Current Liabilities5.7%1,8541,7541,8381,6961,6091,6071,6061,7811,6831,8342,0253,7963,8561,8382,1581,8361,8841,6851,5151,4611,434
Shareholder's Equity0.0%12,02412,02911,50611,15410,63010,94310,88210,56910,64610,57710,63410,55610,3888,6698,8408,7618,7498,4257,2197,1606,925
  Retained Earnings6.4%3,4313,2242,9652,8362,6242,4082,2602,1371,9851,9171,7601,7091,6431,5091,3911,2661,1461,002884780655
  Additional Paid-In Capital0.6%17,90917,79617,32017,19416,25916,14515,98515,48915,36115,16615,02814,95114,65212,89312,69612,63512,45112,04310,75110,59310,253
Shares Outstanding0.1%94.0094.0093.0093.0091.0091.0091.0090.0090.0089.0089.0089.0087.0086.0085.0085.0084.0082.0081.0080.0079.00
Minority Interest42.3%-0.11-0.19-0.13-0.29-0.19-0.07-0.32-0.19--0.160.000.00-0.02-0.07-0.22-0.08-0.01-0.32---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-2.0%3,0133,0732,9633,0952,9402,7372,5472,3412,2092,1842,3102,1532,1202,0881,9932,0221,9401,9361,8151,7521,725
  Share Based Compensation0.0%413413404393386375364347327309295229218204237215199187181186184
Cashflow From Investing19.3%-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%3781,5688571,275520-167414-100-1,9231,4658161,6193,581-21.951,2027209507844716711,063
  Dividend Payments3.1%1,2251,1881,1511,1231,0951,0701,0431,0211,000977948921893865836810783756739712686

EQIX Income Statement

2023-06-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 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 revenues1,060,800930,2572,066,8911,846,132
Sales and marketing215,016193,727425,687386,238
General and administrative406,429370,348801,303723,035
Transaction costs5,7185,0637,3189,303
(Gain) loss on asset sales(1,941)(94)(1,089)1,724
Total costs and operating expenses1,686,0221,499,3013,300,1102,966,432
Income from operations332,386317,853716,507585,169
Interest income23,5034,50842,8916,614
Interest expense(99,973)(90,826)(197,454)(170,791)
Other expense(11,518)(6,238)(4,015)(15,787)
Gain (loss) on debt extinguishment0(420)254109
Income before income taxes244,398224,877558,183405,314
Income tax expense(37,385)(8,635)(92,440)(41,379)
Net income207,013216,242465,743363,935
Net (income) loss attributable to non-controlling interests178073(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)93,53591,03693,25390,904
Diluted EPS (in dollars per share)$ 2.21$ 2.37$ 4.98$ 3.99
Weighted-average shares for diluted EPS (in shares)93,85791,26293,59991,213

EQIX Balance Sheet

2023-06-30
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 $12,2251,006,116855,380
Other current assets395,723459,138
Assets held for sale084,316
Total current assets3,744,0163,305,255
Property, plant and equipment, net17,267,28216,649,534
Operating lease right-of-use assets1,529,0641,427,950
Goodwill5,732,0105,654,217
Intangible assets, net1,807,4851,897,649
Other assets1,487,0881,376,137
Total assets31,566,94530,310,742
Current liabilities:  
Accounts payable and accrued expenses1,023,0311,004,800
Accrued property, plant and equipment316,090281,347
Current portion of operating lease liabilities139,661139,538
Current portion of finance lease liabilities151,554151,420
Current portion of mortgage and loans payable8,4199,847
Other current liabilities215,473251,346
Total current liabilities1,854,2281,838,298
Operating lease liabilities, less current portion1,403,2691,272,812
Finance lease liabilities, less current portion2,136,1592,143,690
Mortgage and loans payable, less current portion665,916642,708
Senior notes, less current portion12,672,82612,109,539
Other liabilities785,547797,863
Total liabilities19,517,94518,804,910
Commitments and contingencies (Note 11)
Redeemable noncontrolling interest, maximum redemption amount25,0000
Equinix stockholders’ equity:  
Common stock, $0.001 par value per share: 300,000,000 shares authorized; 93,736,659 issued and 93,564,869 outstanding in 2023 and 92,813,976 issued and 92,620,703 outstanding in 20229493
Additional paid-in capital17,909,04317,320,017
Treasury stock, at cost; 171,790 shares in 2023 and 193,273 shares in 2022(63,973)(71,966)
Accumulated dividends(7,963,253)(7,317,570)
Accumulated other comprehensive loss(1,288,456)(1,389,446)
Retained earnings3,430,6542,964,838
Total Equinix stockholders' equity12,024,10911,505,966
Non-controlling interests(109)(134)
Total stockholders’ equity12,024,00011,505,832
Total liabilities, redeemable non-controlling interest and stockholders’ equity$ 31,566,945$ 30,310,742
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.