EQIX
Equinix
$1,115.94
▲ 2.2%Updated Today 7:15 PM ET
▲ Up 23.2% over the last 12 months
Market Cap
$107.72B
P/E
73.65x
Forward P/E (est.)
52.61x
ROE
10.0%
Revenue Growth
6.7%
EPS Growth
50.2%
Profit Margin
15.1%
FCF Yield
3.4%
Debt / Equity
1.5x
ROIC
4.0%
Interest Coverage
4.6x
Current Ratio
1.18x
Dividend Yield
1.9%
Implied Growth (rev. DCF)
—
Rating Score
42/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what EQIX's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. EQIX trades near $1,115.94, above its 50-day average ($1,072.45) and 200-day average ($892.42). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 56 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. EQIX's is $25.30 (~2.3% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month EQIX found buyers near $1,032.08 (support) and sellers near $1,107.22 (resistance); its 52-week range is $710.52–$1,128.68. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.4× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Equinix (EQIX) is a large-cap company in the Data Center REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $107.72B.
In its latest reported year it generated about $9.22B in revenue and $1.35B in net profit.
Our model rates EQIX Neutral (42/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
8.6%
Revenue moved from $6.64B in 2021 to $9.22B in 2025, a 8.6% compound annual growth rate. The most recent year grew a steady 6.7% year over year. Slower, mature growth is common for established businesses.
Gross Margin
51.1%
Operating Margin
20.0%
Net Margin
14.6%
ROE
10.0%
Equinix keeps about 15.1% of each sales dollar as net profit, with a 51.1% gross margin and 20.0% operating margin. Return on equity is 10.0% and return on invested capital about 4.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$19.79B
Net Debt
$18.42B
Net Debt / EBITDA
9.97x
Debt / Equity
1.5x
Leverage: debt-to-equity is 1.5x, and operating profit covers interest about 4.6x, with a current ratio of 1.2x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $19.79B of total debt against $1.36B of cash.
Operating CF
$3.91B
Free Cash Flow
-$400.00M
FCF Margin
-4.3%
In the latest year Equinix produced about $3.91B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 3.4% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
73.65x
P/S
11.39x
P/B
5.33x
EV / EBITDA
32.42x
EQIX trades at 73.7x trailing earnings (about 52.6x on estimated forward earnings), 11.4x sales, and 5.3x book value. That is a rich multiple that prices in a lot of future growth.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How EQIX stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.
In the Real Estate sector (31 S&P 500 companies), EQIX ranks #25 of 31 by our overall rating. It trades at a premium versus the sector on earnings (73.7x P/E vs. 30.8x median) with a higher return on equity (10.0% vs. 8.0%) and faster revenue growth (6.7% vs. 5.3%).
P/E vs sector
73.7x
median 30.8x
ROE vs sector
10.0%
median 8.0%
Growth vs sector
6.7%
median 5.3%
Sector rank
#25
of 31 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$865.10 – $1,454.95
vs. $1,115.94 today · expected CAGR -5% – 5%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $9.86B | $10.55B | $11.29B | $12.08B | $12.93B |
| Net income | $1.48B | $1.58B | $1.69B | $1.81B | $1.94B |
| EPS | $15.00 | $16.05 | $17.17 | $18.38 | $19.66 |
| Share price (low) | $659.98 | $706.18 | $755.62 | $808.51 | $865.10 |
| Share price (high) | $1,109.97 | $1,187.67 | $1,270.81 | $1,359.77 | $1,454.95 |
| CAGR (low–high) | -41% / -1% | -20% / 3% | -12% / 4% | -8% / 5% | -5% / 5% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for EQIX:
- High net margins (15.1%) point to pricing power or efficiency.
- As an established S&P 500 member in Real Estate, it brings scale and a long operating history.
The case against EQIX:
- Elevated leverage (debt/equity 1.5x) adds financial risk.
- A rich 73.7x earnings multiple prices in a lot of growth.
Valuation risk — at 73.7x earnings, disappointing results could compress the multiple.
Balance-sheet risk — debt/equity of 1.5x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Equinix is a large-cap real estate business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 73.7x earnings, which our model scores Neutral (42/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.