Equinix Statistics
Total Valuation
Equinix has a market cap or net worth of $70.78 billion. The enterprise value is $86.14 billion.
| Market Cap | 70.78B |
| Enterprise Value | 86.14B |
Important Dates
The next estimated earnings date is Wednesday, May 1, 2024, after market close.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Feb 27, 2024 |
Share Statistics
Equinix has 94.62 million shares outstanding. The number of shares has increased by 2.38% in one year.
| Shares Outstanding | 94.62M |
| Shares Change (YoY) | +2.38% |
| Shares Change (QoQ) | +0.54% |
| Owned by Insiders (%) | 0.31% |
| Owned by Institutions (%) | 98.38% |
| Float | 94.23M |
Valuation Ratios
The trailing PE ratio is 72.55 and the forward PE ratio is 63.34. Equinix's PEG ratio is 5.05.
| PE Ratio | 72.55 |
| Forward PE | 63.34 |
| PS Ratio | 8.64 |
| Forward PS | 7.84 |
| PB Ratio | 5.67 |
| P/FCF Ratio | 1,383.01 |
| PEG Ratio | 5.05 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 25.55, with an EV/FCF ratio of 1,683.14.
| EV / Earnings | 88.88 |
| EV / Sales | 10.52 |
| EV / EBITDA | 25.55 |
| EV / EBIT | 56.43 |
| EV / FCF | 1,683.14 |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 1.40.
| Current Ratio | 1.13 |
| Quick Ratio | 0.98 |
| Debt / Equity | 1.40 |
| Debt / EBITDA | 5.18 |
| Debt / FCF | 341.08 |
| Interest Coverage | 3.80 |
Financial Efficiency
Return on equity (ROE) is 8.00% and return on invested capital (ROIC) is 4.12%.
| Return on Equity (ROE) | 8.00% |
| Return on Assets (ROA) | 3.00% |
| Return on Capital (ROIC) | 4.12% |
| Revenue Per Employee | $622,625 |
| Profits Per Employee | $73,696 |
| Employee Count | 13,151 |
| Asset Turnover | 0.26 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Equinix has paid $155.25 million in taxes.
| Income Tax | 155.25M |
| Effective Tax Rate | 13.81% |
Stock Price Statistics
The stock price has increased by +5.81% in the last 52 weeks. The beta is 0.58, so Equinix's price volatility has been lower than the market average.
| Beta (1Y) | 0.58 |
| 52-Week Price Change | +5.81% |
| 50-Day Moving Average | 834.16 |
| 200-Day Moving Average | 792.30 |
| Relative Strength Index (RSI) | 33.24 |
| Average Volume (30 Days) | 603,095 |
Short Selling Information
The latest short interest is 2.04 million, so 2.16% of the outstanding shares have been sold short.
| Short Interest | 2.04M |
| Short Previous Month | 1.39M |
| Short % of Shares Out | 2.16% |
| Short % of Float | 2.17% |
| Short Ratio (days to cover) | 2.62 |
Income Statement
In the last 12 months, Equinix had revenue of $8.19 billion and earned $969.18 million in profits. Earnings per share was $10.31.
| Revenue | 8.19B |
| Gross Profit | 3.96B |
| Operating Income | 1.43B |
| Pretax Income | 1.12B |
| Net Income | 969.18M |
| EBITDA | 3.37B |
| EBIT | 1.53B |
| Earnings Per Share (EPS) | $10.31 |
Balance Sheet
The company has $2.10 billion in cash and $17.46 billion in debt, giving a net cash position of -$15.36 billion or -$162.32 per share.
| Cash & Cash Equivalents | 2.10B |
| Total Debt | 17.46B |
| Net Cash | -15.36B |
| Net Cash Per Share | -$162.32 |
| Equity / Book Value | 12.49B |
| Book Value Per Share | 131.99 |
| Working Capital | 405.45M |
Cash Flow
In the last 12 months, operating cash flow was $3.22 billion and capital expenditures -$3.17 billion, giving a free cash flow of $51.18 million.
| Operating Cash Flow | 3.22B |
| Capital Expenditures | -3.17B |
| Free Cash Flow | 51.18M |
| FCF Per Share | $0.55 |
Margins
Gross margin is 48.37%, with operating and profit margins of 17.49% and 11.84%.
| Gross Margin | 48.37% |
| Operating Margin | 17.49% |
| Pretax Margin | 13.73% |
| Profit Margin | 11.84% |
| EBITDA Margin | 41.18% |
| EBIT Margin | 18.64% |
| FCF Margin | 0.63% |
Dividends & Yields
This stock pays an annual dividend of $17.04, which amounts to a dividend yield of 2.28%.
| Dividend Per Share | $17.04 |
| Dividend Yield | 2.28% |
| Dividend Growth (YoY) | 20.69% |
| Years of Dividend Growth | 9 |
| Payout Ratio | 165.28% |
| Buyback Yield | -2.38% |
| Shareholder Yield | -0.10% |
| Earnings Yield | 1.37% |
| FCF Yield | 0.07% |
Analyst Forecast
The average price target for Equinix is $855.60, which is 14.39% higher than the current price. The consensus rating is "Buy".
| Price Target | $855.60 |
| Price Target Difference | 14.39% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | 9.28% |
| EPS Growth Forecast (5Y) | 16.93% |
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 2.32 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.32 |
| Piotroski F-Score | 6 |