Equinix, Inc. (EQIX)
NASDAQ: EQIX · IEX Real-Time Price · USD
786.82
-8.25 (-1.04%)
At close: Jul 19, 2024, 4:00 PM
788.30
+1.48 (0.19%)
Pre-market: Jul 22, 2024, 7:00 AM EDT

Equinix Statistics

Total Valuation

Equinix has a market cap or net worth of $74.67 billion. The enterprise value is $90.42 billion.

Market Cap 74.67B
Enterprise Value 90.42B

Important Dates

The next confirmed earnings date is Wednesday, August 7, 2024, after market close.

Earnings Date Aug 7, 2024
Ex-Dividend Date May 21, 2024

Share Statistics

Equinix has 94.91 million shares outstanding. The number of shares has increased by 1.95% in one year.

Shares Outstanding 94.91M
Shares Change (YoY) +1.95%
Shares Change (QoQ) +0.51%
Owned by Insiders (%) 0.30%
Owned by Institutions (%) 98.25%
Float 94.56M

Valuation Ratios

The trailing PE ratio is 78.92 and the forward PE ratio is 66.77. Equinix's PEG ratio is 5.05.

PE Ratio 78.92
Forward PE 66.77
PS Ratio 8.98
Forward PS 8.15
PB Ratio 6.07
P/FCF Ratio n/a
PEG Ratio 5.05
Financial Ratio History

Enterprise Valuation

EV / Earnings 96.05
EV / Sales 10.87
EV / EBITDA 26.52
EV / EBIT 60.44
EV / FCF n/a

Financial Position

The company has a current ratio of 1.10, with a Debt / Equity ratio of 1.40.

Current Ratio 1.10
Quick Ratio 0.90
Debt / Equity 1.40
Debt / EBITDA 5.07
Debt / FCF n/a
Interest Coverage 3.66

Financial Efficiency

Return on equity (ROE) is 7.70% and return on invested capital (ROIC) is 4.11%.

Return on Equity (ROE) 7.70%
Return on Assets (ROA) 2.90%
Return on Capital (ROIC) 4.11%
Revenue Per Employee $632,418
Profits Per Employee $71,583
Employee Count 13,151
Asset Turnover 0.26
Inventory Turnover n/a

Taxes

In the past 12 months, Equinix has paid $146.20 million in taxes.

Income Tax 146.20M
Effective Tax Rate 13.44%

Stock Price Statistics

The stock price has decreased by -3.19% in the last 52 weeks. The beta is 0.68, so Equinix's price volatility has been lower than the market average.

Beta (5Y) 0.68
52-Week Price Change -3.19%
50-Day Moving Average 769.92
200-Day Moving Average 788.54
Relative Strength Index (RSI) 55.33
Average Volume (20 Days) 458,847

Short Selling Information

The latest short interest is 1.75 million, so 1.84% of the outstanding shares have been sold short.

Short Interest 1.75M
Short Previous Month 1.73M
Short % of Shares Out 1.84%
Short % of Float 1.85%
Short Ratio (days to cover) 3.38

Income Statement

In the last 12 months, Equinix had revenue of $8.32 billion and earned $941.39 million in profits. Earnings per share was $9.97.

Revenue 8.32B
Gross Profit 4.00B
Operating Income 1.40B
Pretax Income 1.09B
Net Income 941.39M
EBITDA 3.41B
EBIT 1.50B
Earnings Per Share (EPS) $9.97
Full Income Statement

Balance Sheet

The company has $1.53 billion in cash and $17.28 billion in debt, giving a net cash position of -$15.75 billion or -$165.95 per share.

Cash & Cash Equivalents 1.53B
Total Debt 17.28B
Net Cash -15.75B
Net Cash Per Share -$165.95
Equity (Book Value) 12.30B
Book Value Per Share 129.59
Working Capital 276.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.12 billion and capital expenditures -$3.32 billion, giving a free cash flow of -$196.24 million.

Operating Cash Flow 3.12B
Capital Expenditures -3.32B
Free Cash Flow -196.24M
FCF Per Share -$2.07
Full Cash Flow Statement

Margins

Gross margin is 48.15%, with operating and profit margins of 16.89% and 11.32%.

Gross Margin 48.15%
Operating Margin 16.89%
Pretax Margin 13.08%
Profit Margin 11.32%
EBITDA Margin 41.00%
EBIT Margin 17.99%
FCF Margin -2.36%

Dividends & Yields

This stock pays an annual dividend of $17.04, which amounts to a dividend yield of 2.17%.

Dividend Per Share $17.04
Dividend Yield 2.17%
Dividend Growth (YoY) 24.35%
Years of Dividend Growth 9
Payout Ratio 170.91%
Buyback Yield -1.95%
Shareholder Yield 0.22%
Earnings Yield 1.26%
FCF Yield -0.26%
Dividend Details

Analyst Forecast

The average price target for Equinix is $858.07, which is 9.06% higher than the current price. The consensus rating is "Buy".

Price Target $858.07
Price Target Difference 9.06%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 9.50%
EPS Growth Forecast (5Y) 11.11%
Stock Forecasts

Stock Splits

The last stock split was on December 31, 2002. It was a reverse split with a ratio of 1:32.

Last Split Date Dec 31, 2002
Split Type Reverse
Split Ratio 1:32

Scores

Equinix has an Altman Z-Score of 2.49 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.49
Piotroski F-Score 6