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Equinix, Inc. EQIX EV / EBITDA

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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×
Current ratio1.2×-0.5×

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 EV / EBITDA?
Equinix, Inc. (EQIX) reported EV / EBITDA of 28.9× in Q1 2026.
How has Equinix, Inc.'s EV / EBITDA changed year-over-year?
Equinix, Inc.'s EV / EBITDA increased by 1.6% year-over-year, from 28.5× to 28.9×.
What is the long-term trend for Equinix, Inc.'s EV / EBITDA?
Over 4 years (2021 to 2025), Equinix, Inc.'s EV / EBITDA has grown at a -3.2% compound annual growth rate (CAGR), from 121.1× to 106.5×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.