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.

Equinix, Inc. EQIX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	202.6%+1.6pp	201%+2.2pp	198.9%+1.0pp	197.9%+1.4pp	196.5%+1.4pp
Operating margin	74.3%+4.8pp	69.6%+4.9pp	64.7%-1.4pp	66.1%-1.5pp	67.6%-1.0pp
Net margin	53%+4.4pp	48.5%+5.2pp	43.4%-0.3pp	43.7%-1.0pp	44.6%-0.7pp
EBITDA margin	163.7%+5.1pp	158.6%+4.3pp	154.3%-2.0pp	156.3%-2.3pp	158.6%-1.8pp
Free cash flow margin	-15.6%-14.6pp	-1%-6.5pp	5.5%-3.4pp	9%-3.3pp	12.3%+2.1pp
Returns
Return on equity	35.3%+2.9pp	32.4%+3.4pp	29%-0.5pp	29.5%-0.9pp	30.4%-0.5pp
Return on assets	13%+0.9pp	12.1%+1.1pp	11%-0.2pp	11.2%-0.4pp	11.6%-0.2pp
Return on invested capital	23.8%+1.2pp	22.6%+2.6pp	20.1%-0.3pp	20.4%-0.6pp	21%-0.4pp
Efficiency
Asset turnover	1×0.0×	1×0.0×	1×0.0×	1×0.0×	1×0.0×
Liquidity
Current ratio	5.7×-0.5×	6.1×-0.3×	6.4×+0.5×	6×+0.3×	5.7×+0.6×
Quick ratio	5.7×-0.5×	6.1×-0.3×	6.4×+0.5×	6×+0.3×	5.7×+0.6×
Cash ratio	2.4×-0.6×	2.9×-0.5×	3.4×+0.1×	3.3×+0.2×	3.1×+0.4×
Leverage
Debt-to-equity	5.1×+0.2×	4.9×0.0×	4.9×+0.1×	4.8×+0.1×	4.7×0.0×
Debt-to-assets	1.8×0.0×	1.8×0.0×	1.8×0.0×	1.8×0.0×	1.8×0.0×
Net debt / EBITDA	17×+0.4×	16.6×+0.3×	16.3×+0.7×	15.7×+0.7×	15×+0.2×
Interest coverage	13×+0.6×	12.5×+0.6×	11.9×-0.6×	12.5×-0.7×	13.2×-0.5×
Per Share
Book value per share	$576.94+0.5%	$574.00+0.5%	$570.90+0.4%	$568.64+2.6%	$554.02+2.3%
Valuation
Market capitalization	$336.86B+5.3%	$319.91B-4.7%	$335.66B-2.2%	$343.29B+5.2%	$326.42B+0.4%
Enterprise value	$399.85B+5.8%	$377.83B-3.7%	$392.16B-1.3%	$397.41B+5.1%	$378.25B+0.6%
Price / earnings	282.1×-16.6×	298.7×-54.0×	352.7×-9.2×	361.9×+18.6×	343.3×+1.3×
Price / sales	36.7×+1.2×	35.5×-2.2×	37.7×-1.3×	39.1×+1.4×	37.7×-0.4×
Price / book	23.8×+1.0×	22.7×-1.4×	24.1×-0.8×	24.9×+0.4×	24.5×-0.6×
EV / EBITDA	107×+0.4×	106.5×-7.7×	114.3×-1.5×	115.8×+5.6×	110.2×+0.2×
EV / sales	43.6×+1.7×	42×-2.1×	44.1×-1.2×	45.2×+1.6×	43.7×-0.4×
Free cash flow yield	-1.7%-1.5pp	-0.2%-0.7pp	0.6%-0.4pp	0.9%-0.4pp	1.3%+0.2pp
Earnings yield	5.8%+0.3pp	5.5%+0.9pp	4.6%+0.2pp	4.5%-0.3pp	4.8%0.0pp
Dividend yield	8.8%-0.2pp	8.9%+0.7pp	8.3%+0.4pp	7.9%-0.2pp	8%+0.3pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Equinix, Inc..

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.