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Equinix, Inc. EQIX Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin51.1%+0.1pp51.1%+0.8pp50.3%+0.1pp50.1%+0.5pp49.6%+0.6pp
Operating margin20.8%+0.8pp20%+3.2pp16.9%+0.3pp16.5%+0.5pp16.1%+0.9pp
Net margin15.1%+0.4pp14.6%+2.7pp12%+0.7pp11.3%+0.6pp10.6%+1.2pp
EBITDA margin43.4%+1.0pp42.5%+3.3pp39.1%+0.5pp38.7%+0.4pp38.3%+0.1pp
Free cash flow margin-10.6%-6.2pp-4.3%-3.1pp-1.2%-1.7pp0.5%-3.5pp4%+1.9pp
Returns
Return on equity10.1%+0.3pp9.8%+1.9pp7.8%+0.2pp7.6%+0.5pp7.2%+0.8pp
Return on assets3.7%+0.1pp3.6%+0.6pp3%+0.1pp2.8%0.0pp2.8%+0.3pp
Return on invested capital5.2%-4.8pp10.1%+5.8pp4.3%+0.1pp4.2%+0.1pp4.1%-3.4pp
Efficiency
Asset turnover0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.3×0.0×
Liquidity
Current ratio1.2×-0.1×1.3×-0.3×1.6×+0.1×1.5×-0.1×1.7×0.0×
Quick ratio1.2×-0.1×1.3×-0.3×1.6×+0.1×1.5×-0.1×1.7×0.0×
Cash ratio0.3×-0.2×0.5×-0.2×0.7×-0.2×0.9×0.0×0.9×0.0×
Leverage
Debt-to-equity1.6×+1.3×0.4×-1.1×1.5×-0.1×1.6×+0.1×1.4×+1.1×
Debt-to-assets0.6×+0.4×0.1×-0.4×0.6×0.0×0.6×0.0×0.6×+0.4×
Net debt / EBITDA5.4×+4.5×0.8×-4.5×5.4×0.0×5.4×+0.3×+4.5×
Interest coverage3.6×+0.1×3.5×+0.5×0.0×0.0×+0.1×
Per Share
Book value per share$144.82+0.4%$144.270.0%$144.20+0.4%$143.64+1.2%$141.89+0.5%
Valuation
Market capitalization$96.31B+28.0%$75.23B-1.9%$76.65B-13.6%$88.67B+11.7%$79.36B-12.8%
Enterprise value$118.39B+50.8%$78.52B-18.0%$95.76B-10.7%$107.18B+11.2%$96.37B+3.8%
Price / earnings67.7×+12.0×55.7×-14.9×70.6×-17.3×88×+3.6×84.3×-25.4×
Price / sales10.2×+2.0×8.2×-0.3×8.5×-1.5×9.9×+0.9×-1.4×
Price / book6.7×+1.4×5.3×-0.1×5.4×-0.9×6.3×+0.6×5.7×-1.0×
EV / EBITDA28.9×+8.8×20.1×-6.9×27×-4.0×31×+2.5×28.5×+0.6×
EV / sales12.5×+4.0×8.5×-2.1×10.6×-1.4×12×+1.1×10.9×+0.3×
Free cash flow yield-1%-0.5pp-0.5%-0.4pp-0.1%-0.2pp0.1%-0.4pp0.4%+0.2pp
Earnings yield1.5%-0.3pp1.8%+0.4pp1.4%+0.3pp1.1%0.0pp1.2%+0.3pp
Dividend yield2%-0.5pp2.5%+0.1pp2.4%+0.4pp2%-0.2pp2.1%+0.3pp
PEG ratio1.3×+0.4×0.9×-24.8×25.7×

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Questions, answered.

What are Equinix, Inc.'s profit margins?
Equinix, Inc. (EQIX) runs a 51.1% gross margin and a 20.8% operating margin, with a 15.1% net margin.
Where do Equinix, Inc.'s ratios come from?
Every ratio is computed from Equinix, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.