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Equinix, Inc. EQIX Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin201%+6.0pp195.1%-5.0pp200.1%+9.0pp191%-1.5pp
Operating margin69.6%+0.9pp68.6%+0.9pp67.7%+2.7pp65%-3.5pp
Net margin48.5%+3.2pp45.3%+2.5pp42.9%+6.8pp36%+9.9pp
EBITDA margin158.6%-1.8pp160.4%+3.2pp157.1%-5.8pp163%-3.8pp
Free cash flow margin-1%-11.2pp10.2%-16.6pp26.8%
Returns
Return on equity32.4%+1.5pp30.9%+1.0pp29.9%+6.6pp23.3%+7.1pp
Return on assets12.1%+0.3pp11.8%+0.4pp11.4%+2.5pp8.9%+2.7pp
Return on invested capital22.6%+1.3pp21.4%-0.9pp22.3%+3.1pp19.2%+0.8pp
Efficiency
Asset turnover0.0×0.0×1.1×+0.1×0.0×
Liquidity
Current ratio6.1×+1.0×5.1×-2.4×7.5×-0.6×8.1×+1.2×
Quick ratio6.1×+1.0×5.1×-2.4×7.5×-0.6×8.1×+1.2×
Cash ratio2.9×+0.2×2.7×-1.9×4.7×-0.1×4.8×+1.0×
Leverage
Debt-to-equity4.9×+0.2×4.7×0.0×4.7×-0.1×4.8×+0.1×
Debt-to-assets1.8×0.0×1.8×0.0×1.8×0.0×1.8×0.0×
Net debt / EBITDA16.6×+1.8×14.8×-0.1×14.9×-0.6×15.5×-0.6×
Interest coverage12.5×-1.2×13.6×+0.4×13.3×-0.2×13.5×+1.2×
Per Share
Book value per share$574.00+6.0%$541.38+4.9%$516.07+6.9%$482.88+2.1%
Valuation
Market capitalization$319.91B-1.6%$325.15B+14.6%$283.78B+18.5%$239.51B-14.7%
Enterprise value$377.83B+0.5%$375.99B+13.7%$330.56B+16.6%$283.55B-12.3%
Price / earnings298.7×-43.2×341.9×+13.2×328.8×-61.8×390.6×-289×
Price / sales35.5×-2.6×38.1×+2.9×35.1×+0.9×34.2×-9.6×
Price / book22.7×-2.4×25.1×+1.7×23.4×+1.7×21.7×-4.6×
EV / EBITDA106.5×-3.5×110×+5.6×104.4×+4.9×99.5×-21.7×
EV / sales42×-2.1×44.1×+3.1×41×+0.5×40.5×-10.0×
Free cash flow yield-0.2%-1.3pp1.1%-2.0pp3.1%
Earnings yield5.5%+0.7pp4.8%-0.1pp4.9%+0.6pp4.3%+1.9pp
Dividend yield8.9%+1.2pp7.8%+0.6pp7.1%-0.4pp7.5%+1.7pp

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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.