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%+6.1pp	201%+6.0pp	198.9%+3.0pp	197.9%+1.4pp	196.5%-1.2pp
Operating margin	74.3%+6.7pp	69.6%+0.9pp	64.7%-5.9pp	66.1%-3.1pp	67.6%-0.3pp
Net margin	53%+8.3pp	48.5%+3.2pp	43.4%-4.0pp	43.7%-2.1pp	44.6%+1.0pp
EBITDA margin	163.7%+5.1pp	158.6%-1.8pp	154.3%-7.0pp	156.3%-2.9pp	158.6%+1.1pp
Free cash flow margin	-15.6%-27.9pp	-1%-11.2pp	5.5%-7.7pp	9%-7.3pp	12.3%-6.9pp
Returns
Return on equity	35.3%+4.9pp	32.4%+1.5pp	29%-3.6pp	29.5%-2.4pp	30.4%-0.1pp
Return on assets	13%+1.5pp	12.1%+0.3pp	11%-1.4pp	11.2%-1.0pp	11.6%0.0pp
Return on invested capital	23.8%+2.8pp	22.6%+1.3pp	20.1%-2.9pp	20.4%-2.5pp	21%-1.4pp
Efficiency
Asset turnover	1×-0.1×	1×0.0×	1×0.0×	1×0.0×	1×0.0×
Liquidity
Current ratio	5.7×0.0×	6.1×+1.0×	6.4×+1.8×	6×+0.5×	5.7×-0.6×
Quick ratio	5.7×0.0×	6.1×+1.0×	6.4×+1.8×	6×+0.5×	5.7×-0.6×
Cash ratio	2.4×-0.7×	2.9×+0.2×	3.4×+0.9×	3.3×+0.2×	3.1×-0.6×
Leverage
Debt-to-equity	5.1×+0.4×	4.9×+0.2×	4.9×+0.2×	4.8×+0.1×	4.7×+0.1×
Debt-to-assets	1.8×0.0×	1.8×0.0×	1.8×+0.1×	1.8×0.0×	1.8×0.0×
Net debt / EBITDA	17×+2.0×	16.6×+1.8×	16.3×+1.6×	15.7×+0.9×	15×0.0×
Interest coverage	13×-0.1×	12.5×-1.2×	11.9×-2.3×	12.5×-1.3×	13.2×-0.3×
Per Share
Book value per share	$576.94+4.1%	$574.00+6.0%	$570.90+7.1%	$568.64+9.9%	$554.02+7.3%
Valuation
Market capitalization	$336.86B+3.2%	$319.91B-1.6%	$335.66B+8.4%	$343.29B+17.0%	$326.42B+10.7%
Enterprise value	$399.85B+5.7%	$377.83B+0.5%	$392.16B+8.8%	$397.41B+15.9%	$378.25B+10.2%
Price / earnings	282.1×-61.2×	298.7×-43.2×	352.7×+42.5×	361.9×+53.5×	343.3×+13.4×
Price / sales	36.7×-0.9×	35.5×-2.6×	37.7×+1.1×	39.1×+3.9×	37.7×+1.8×
Price / book	23.8×-0.7×	22.7×-2.4×	24.1×-0.3×	24.9×+1.0×	24.5×+0.3×
EV / EBITDA	107×-3.2×	106.5×-3.5×	114.3×+8.5×	115.8×+12.6×	110.2×+4.1×
EV / sales	43.6×0.0×	42×-2.1×	44.1×+1.4×	45.2×+4.1×	43.7×+1.9×
Free cash flow yield	-1.7%-3.0pp	-0.2%-1.3pp	0.6%-0.9pp	0.9%-0.9pp	1.3%-0.8pp
Earnings yield	5.8%+1.0pp	5.5%+0.7pp	4.6%-0.5pp	4.5%-0.7pp	4.8%-0.1pp
Dividend yield	8.8%+0.7pp	8.9%+1.2pp	8.3%+0.5pp	7.9%+0.2pp	8%+0.8pp

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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.