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

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	51.1%+1.6pp	51.1%+2.2pp	50.3%+1.0pp	50.1%+1.4pp	49.6%+1.4pp
Operating margin	20.8%+4.8pp	20%+4.9pp	16.9%-1.4pp	16.5%-1.5pp	16.1%-1.0pp
Net margin	15.1%+4.4pp	14.6%+5.2pp	12%-0.3pp	11.3%-1.0pp	10.6%-0.7pp
EBITDA margin	43.4%+5.1pp	42.5%+4.3pp	39.1%-2.0pp	38.7%-2.3pp	38.3%-1.8pp
Free cash flow margin	-10.6%-14.6pp	-4.3%-6.5pp	-1.2%-3.4pp	0.5%-3.3pp	4%+2.1pp
Returns
Return on equity	10.1%+2.9pp	9.8%+3.4pp	7.8%-0.5pp	7.6%-0.9pp	7.2%-0.5pp
Return on assets	3.7%+0.9pp	3.6%+1.1pp	3%-0.2pp	2.8%-0.4pp	2.8%-0.2pp
Return on invested capital	5.2%+1.2pp	10.1%+2.6pp	4.3%-0.3pp	4.2%-0.6pp	4.1%-0.4pp
Efficiency
Asset turnover	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.3×0.0×
Liquidity
Current ratio	1.2×-0.5×	1.3×-0.3×	1.6×+0.5×	1.5×+0.3×	1.7×+0.6×
Quick ratio	1.2×-0.5×	1.3×-0.3×	1.6×+0.5×	1.5×+0.3×	1.7×+0.6×
Cash ratio	0.3×-0.6×	0.5×-0.5×	0.7×+0.1×	0.9×+0.2×	0.9×+0.4×
Leverage
Debt-to-equity	1.6×+0.2×	0.4×0.0×	1.5×+0.1×	1.6×+0.1×	1.4×0.0×
Debt-to-assets	0.6×0.0×	0.1×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Net debt / EBITDA	5.4×+0.4×	0.8×+0.3×	5.4×+0.7×	5.4×+0.7×	5×+0.2×
Interest coverage	3.6×+0.6×	3.5×+0.6×	3×-0.6×	3×-0.7×	3×-0.5×
Per Share
Book value per share	$144.82+2.1%	$144.27+2.2%	$144.20+1.6%	$143.64+11.3%	$141.89+9.8%
Valuation
Market capitalization	$96.31B+21.4%	$75.23B-17.3%	$76.65B-9.0%	$88.67B+23.5%	$79.36B+1.6%
Enterprise value	$118.39B+22.8%	$78.52B-15.4%	$95.76B-5.2%	$107.18B+21.8%	$96.37B+2.4%
Price / earnings	67.7×-16.6×	55.7×-54.0×	70.6×-9.2×	88×+18.6×	84.3×+1.3×
Price / sales	10.2×+1.2×	8.2×-2.2×	8.5×-1.3×	9.9×+1.4×	9×-0.4×
Price / book	6.7×+1.0×	5.3×-1.4×	5.4×-0.8×	6.3×+0.4×	5.7×-0.6×
EV / EBITDA	28.9×+0.4×	20.1×-7.7×	27×-1.5×	31×+5.6×	28.5×+0.2×
EV / sales	12.5×+1.7×	8.5×-2.1×	10.6×-1.2×	12×+1.6×	10.9×-0.4×
Free cash flow yield	-1%-1.5pp	-0.5%-0.7pp	-0.1%-0.4pp	0.1%-0.4pp	0.4%+0.2pp
Earnings yield	1.5%+0.3pp	1.8%+0.9pp	1.4%+0.2pp	1.1%-0.3pp	1.2%0.0pp
Dividend yield	2%-0.2pp	2.5%+0.7pp	2.4%+0.4pp	2%-0.2pp	2.1%+0.3pp
PEG ratio	1.3×—	0.9×—	25.7×+22.0×	——	——

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.