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Equinix, Inc. EQIX Current ratio

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Other financials

Income statement

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Revenue$2.4B+9.8%
Gross profit$1.3B+10.3%
Operating income$577.0M+26.0%
Net income$415.0M+21.0%
EPS (diluted)$4.20+20.0%

Balance sheet

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Cash & equivalents$1.4B-51.9%
Total debt$23.5B+17.7%
Total equity$14.3B+2.9%
Total assets$40.9B+13.4%

Cash flow

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Operating cash flow$717.0M-11.4%
CapEx$1.3B+67.5%
Free cash flow-$539.0M-1,014%

Valuation

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Market cap$107.35B+21.4%
Enterprise value$129.43B+22.8%
P/E75.5×-18.5×
P/S11.4×+1.4×

Profitability

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Gross margin51.1%+1.6pp
Operating margin20.8%+4.8pp
Net margin15.1%+4.4pp

Returns & leverage

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Return on equity10.1%+2.9pp
Debt / equity1.6×+0.2×

Where this comes from

Calculated from Equinix, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Equinix, Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equinix, Inc.'s current ratio?
Equinix, Inc. (EQIX) reported current ratio of 1.2× in Q1 2026.
How has Equinix, Inc.'s current ratio changed year-over-year?
Equinix, Inc.'s current ratio decreased by 28.8% year-over-year, from 1.7× to 1.2×.
What is the long-term trend for Equinix, Inc.'s current ratio?
Over 4 years (2021 to 2025), Equinix, Inc.'s current ratio has grown at a -2.9% compound annual growth rate (CAGR), from 6.9× to 6.1×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.