Equinix Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	97,860	75,257	91,731	76,093	60,669	76,609
Market Cap Growth	17.28%	-17.96%	20.55%	25.42%	-20.81%	20.34%
Enterprise Value	119,107	93,114	105,546	90,176	74,932	89,740
Last Close Price	995.98	766.16	942.89	805.39	655.03	845.84
PE Ratio	71.24	55.68	110.93	78.12	85.40	152.95
PS Ratio	10.59	8.17	10.49	9.29	8.35	11.55
PB Ratio	6.80	5.32	6.78	6.09	5.27	7.04
P/TBV Ratio	6.90	5.31	6.68	6.06	5.23	7.03
P/FCF Ratio	-	-53.99	-595.66	1463.32	138.83	-188.63
P/OCF Ratio	25.09	19.24	28.23	23.65	20.48	30.08
EV/Sales Ratio	12.86	10.10	12.07	11.01	10.32	13.52
EV/EBITDA Ratio	29.25	23.79	31.61	27.43	25.51	32.46
EV/EBIT Ratio	59.38	50.39	79.48	62.49	62.44	80.98
EV/FCF Ratio	-	-66.80	-685.36	1734.15	171.47	-220.96
Debt / Equity Ratio	1.49	1.49	1.29	1.30	1.41	1.35
Debt / EBITDA Ratio	4.11	5.81	5.68	5.31	5.61	5.42
Debt / FCF Ratio	-16.30	-16.30	-123.12	335.65	37.69	-36.91
Net Debt / Equity Ratio	1.38	1.38	1.14	1.23	1.27	1.24
Net Debt / EBITDA Ratio	3.53	4.98	4.60	4.67	4.96	4.87
Net Debt / FCF Ratio	-13.99	-13.99	-99.69	295.35	33.33	-33.13
Asset Turnover	0.25	0.25	0.26	0.26	0.25	0.24
Quick Ratio	1.09	1.09	1.36	0.98	1.50	1.38
Current Ratio	1.32	1.32	1.63	1.13	1.80	1.84
Return on Equity (ROE)	9.74%	9.74%	6.26%	8.08%	6.30%	4.65%
Return on Assets (ROA)	4.39%	4.39%	3.27%	3.95%	3.51%	3.31%
Return on Invested Capital (ROIC)	5.09%	5.09%	3.77%	4.44%	3.89%	3.67%
Return on Capital Employed (ROCE)	5.44%	5.44%	4.34%	4.98%	4.38%	4.32%
Earnings Yield	1.38%	1.80%	0.90%	1.28%	1.17%	0.65%
FCF Yield	-	-1.85%	-0.17%	0.07%	0.72%	-0.53%
Dividend Yield	2.07%	2.47%	1.83%	1.82%	1.92%	1.37%
Payout Ratio	139.75%	137.48%	201.60%	141.90%	163.40%	208.50%
Buyback Yield / Dilution	-2.40%	-2.40%	-1.93%	-2.38%	-1.57%	-2.26%
Total Shareholder Return	-0.32%	0.08%	-0.11%	-0.55%	0.35%	-0.89%

Updated Feb 11, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q