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Equinix, Inc. EQIX Net debt / EBITDA

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Other financials

Income statement

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Revenue$2.6B+16.4%
Gross profit$1.4B+19.0%
Operating income$665.0M+34.6%
Net income$479.0M+30.2%
EPS (diluted)$4.83+28.8%

Balance sheet

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Cash & equivalents$1.0B-72.5%
Total debt$23.7B+6.7%
Total equity$14.4B+2.1%
Total assets$41.1B+5.7%

Cash flow

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Operating cash flow$1.1B+13.0%
CapEx$1.6B+59.6%
Free cash flow-$511.0M-1,036%

Valuation

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Market cap$100.57B+32.0%
Enterprise value$123.25B+30.2%
P/E65.6×-10.0×
P/S10.3×+1.7×

Profitability

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Gross margin51.5%+1.4pp
Operating margin21.8%+5.3pp
Net margin15.6%+4.4pp
FCF margin-14.9%-15.5pp

Returns & leverage

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Return on equity10.8%+3.1pp
Debt / equity1.6×+0.1×
Current ratio1.1×-0.4×

Where this comes from

Calculated from Equinix, Inc.’s reported figures.

Based on the most recent quarter.

The source filing: Equinix, Inc.’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001101239-26-000147

FAQ

What is Equinix, Inc.'s net debt / EBITDA?
Equinix, Inc. (EQIX) reported net debt / EBITDA of 5.2× in Q2 2026.
How has Equinix, Inc.'s net debt / EBITDA changed year-over-year?
Equinix, Inc.'s net debt / EBITDA decreased by 2.0% year-over-year, from 5.4× to 5.2×.
What is the long-term trend for Equinix, Inc.'s net debt / EBITDA?
Over 5 years (2020 to 2025), Equinix, Inc.'s net debt / EBITDA has grown at a 1.9% compound annual growth rate (CAGR), from 0.8× to 0.8×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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