Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
EQIX · Nasdaq · Real estate
Fundamental quality
70
out of 100
Equinix Inc earns a fundamental-quality score of 70 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +9.4%/yr). Its weakest area is its financial strength (net debt 4.69× EBITDA). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Equinix is the interconnection data-center REIT: its facilities are the points where the world's networks meet (clouds, carriers, enterprises). It charges rent for space and, above all, for cross-connects between customers.
EPS growth: 27% · Revenue growth: 9.4%
Net margin: 15.6% · ROE: 10.7% · ROIC: 5.5%
Net debt/EBITDA: 4.69x · FCF: -14.9%
Source: SEC EDGAR · TTM through 30/06/2026
The score includes +2 for dividend strength: 9 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.
The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.
Percentile against the other 12 Real estate companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 5,999 | 370 | 27 | 9,029 |
| 2021 | 6,636 | 500 | -204 | 10,186 |
| 2022 | 7,263 | 705 | 685 | 10,975 |
| 2023 | 8,188 | 969 | 436 | 12,743 |
| 2024 | 8,748 | 815 | 183 | 13,452 |
| 2025 | 9,217 | 1,350 | -400 | -428 |
Between 2020 and 2025, revenue went from $5,999M to $9,217M (+54%) and net income went from $370M to $1,350M (+265%). Meanwhile, its margins have widened (from 6% to 15%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$18.76
per share, yearly
at least 9 straight years raising it
Growth
That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Equinix Inc cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Equinix Inc a good company to invest in?
In terms of business quality, Equinix Inc scores 70 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Equinix Inc a profitable company?
Yes. Equinix Inc shows a net margin of 15.6% and an ROE of 10.7%, a sign of a profitable business.
Does Equinix Inc have a lot of debt?
Yes, its leverage is high: net debt is 4.69 times its EBITDA.
Is Equinix Inc growing?
Its revenue has grown 9.4% annualized in recent years and its earnings per share 27%, and without interruption since 2020.
Does Equinix Inc generate cash?
Over the last twelve months its free cash flow was negative.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Jones Lang Lasalle (JLL) · Prologis (PLD) · American Tower (AMT) · Realty Income (O) · Crown Castle (CCI) · Digital Realty (DLR) · see more →
Who's behind the methodology and model · how the score is computed
Data: see Equinix Inc's filings on EDGAR
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