Equinix, Inc. EQIX Ratios & Valuation
| 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 | |
| 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 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× | |
| Leverage | ||||||
| Debt-to-equity | 5.1×+0.4× | 4.9×+0.2× | 4.9×+0.2× | 4.8×+0.1× | 4.7×+0.1× | |
| Net debt / EBITDA | 17×+2.0× | 16.6×+1.8× | 16.3×+1.6× | 15.7×+0.9× | 15×0.0× | |
| 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% | |
| 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× | |
| Dividend yield | 8.8%+0.7pp | 8.9%+1.2pp | 8.3%+0.5pp | 7.9%+0.2pp | 8%+0.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
