Overview Dividends

(EQIX) Equinix - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US29444U7000

Data Centers, Interconnection, Colocation, Edge Services

EQIX EPS (Earnings per Share)

EPS Growth (3Y CAGR): 20.03%
EPS Trend (3Y Correlation): 77.8%

EQIX Revenue

Revenue Growth (3Y CAGR): 7.68%
Revenue Trend (3Y Correlation): 96.2%

Description: EQIX Equinix

Equinix, Inc. (NASDAQ: EQIX) markets itself as a global “digital infrastructure” provider that shortens the path to “boundless connectivity” by operating a massive network of data centers and interconnection ecosystems. The company’s core narrative is that its facilities enable seamless digital experiences, support AI workloads, and connect economies, organizations, and communities worldwide.

Key quantitative points (as of the latest FY 2023 filing) include: • Revenue of approximately $8.2 billion, up ~9 % YoY, driven largely by interconnection services. • Global data-center occupancy averaging 96 % and a net addition of 27 megawatts of capacity in FY 2023, reflecting strong demand for edge and AI-driven compute. • Free cash flow conversion of roughly 85 % of net income, supporting a dividend yield near 1.6 % and a payout ratio of ~55 %. These metrics suggest a business model with high recurring revenue and capital efficiency, but they also rely on continued growth in cloud-and AI-related traffic, which could be moderated by macro-economic headwinds such as rising interest rates that pressure REIT valuations.

For a deeper, data-driven assessment of EQIX’s valuation and risk profile, you may find ValueRay’s analytical tools helpful for extending your research.

EQIX Stock Overview

Market Cap in USD	78,350m
Sub-Industry	Data Center REITs
IPO / Inception	2000-08-11

EQIX Stock Ratings

Growth Rating	26.1%
Fundamental	61.5%
Dividend Rating	67.1%
Return 12m vs S&P 500	-17.6%
Analyst Rating	4.46 of 5

EQIX Dividends

Dividend Yield 12m	2.23%
Yield on Cost 5y	2.49%
Annual Growth 5y	12.49%
Payout Consistency	95.0%
Payout Ratio	135.6%

EQIX Growth Ratios

Growth Correlation 3m	33.4%
Growth Correlation 12m	-72.5%
Growth Correlation 5y	68%
CAGR 5y	18.68%
CAGR/Max DD 3y (Calmar Ratio)	0.76
CAGR/Mean DD 3y (Pain Ratio)	2.31
Sharpe Ratio 12m	1.17
Alpha	-18.67
Beta	0.907
Volatility	22.34%
Current Volume	359.5k
Average Volume 20d	463.4k
Stop Loss	797.5 (-3%)
Signal	0.14

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (994.0m TTM) > 0 and > 6% of Revenue (6% = 536.6m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA 1.58pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 25.82% (prev 7.82%; Δ 18.00pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.09 (>3.0%) and CFO 3.49b > Net Income 994.0m (YES >=105%, WARN >=100%)

Net Debt (18.19b) to EBITDA (3.62b) ratio: 5.03 <= 3.0 (WARN <= 3.5)

Current Ratio 1.54 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (98.0m) change vs 12m ago 3.03% (target <= -2.0% for YES)

Gross Margin 50.11% (prev 48.76%; Δ 1.35pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 24.94% (prev 25.74%; Δ -0.80pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.29 (EBITDA TTM 3.62b / Interest Expense TTM 500.0m) >= 6 (WARN >= 3)

Altman Z'' -0.09

(A) 0.06 = (Total Current Assets 6.55b - Total Current Liabilities 4.24b) / Total Assets 38.85b

(B) -0.15 = Retained Earnings (Balance) -5.81b / Total Assets 38.85b

(D) -0.29 = Book Value of Equity -7.21b / Total Liabilities 24.74b

Total Rating: -0.09 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 61.49

1. Piotroski 5.50pt = 0.50

2. FCF Yield 1.08% = 0.54

3. FCF Margin 11.53% = 2.88

4. Debt/Equity 1.55 = 1.40

5. Debt/Ebitda 5.03 = -2.50

6. ROIC - WACC (= -2.44)% = -3.04

7. RoE 7.22% = 0.60

8. Rev. Trend 96.22% = 7.22

9. EPS Trend 77.81% = 3.89

What is the price of EQIX shares?

As of October 17, 2025, the stock is trading at USD 822.24 with a total of 359,451 shares traded.
Over the past week, the price has changed by +2.32%, over one month by +3.86%, over three months by +8.86% and over the past year by -4.33%.

Is Equinix a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Equinix is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 61.49 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of EQIX is around 833.81 USD . This means that EQIX is currently overvalued and has a potential downside of 1.41%.

Is EQIX a buy, sell or hold?

Equinix has received a consensus analysts rating of 4.46. Therefore, it is recommended to buy EQIX.

Strong Buy: 17
Buy: 7
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the EQIX price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	958.3	16.6%
Analysts Target Price	958.3	16.6%
ValueRay Target Price	920.9	12%

Last update: 2025-10-13 02:02

EQIX Fundamental Data Overview

Market Cap USD = 78.35b (78.35b USD * 1.0 USD.USD)
P/E Trailing = 78.7217
P/E Forward = 50.2513
P/S = 8.7728
P/B = 5.3685
P/EG = 2.9005
Beta = 0.907
Revenue TTM = 8.94b USD
EBIT TTM = 1.65b USD
EBITDA TTM = 3.62b USD
Long Term Debt = 16.02b USD (from longTermDebt, last quarter)
Short Term Debt = 2.28b USD (from shortTermDebt, last quarter)
Debt = 21.85b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 18.19b USD (from netDebt column, last quarter)
Enterprise Value = 95.67b USD (78.35b + Debt 21.85b - CCE 4.53b)
Interest Coverage Ratio = 3.29 (Ebit TTM 1.65b / Interest Expense TTM 500.0m)
FCF Yield = 1.08% (FCF TTM 1.03b / Enterprise Value 95.67b)
FCF Margin = 11.53% (FCF TTM 1.03b / Revenue TTM 8.94b)
Net Margin = 11.11% (Net Income TTM 994.0m / Revenue TTM 8.94b)
Gross Margin = 50.11% ((Revenue TTM 8.94b - Cost of Revenue TTM 4.46b) / Revenue TTM)
Gross Margin QoQ = 51.95% (prev 51.28%)
Tobins Q-Ratio = 2.46 (Enterprise Value 95.67b / Total Assets 38.85b)
Interest Expense / Debt = 0.62% (Interest Expense 135.0m / Debt 21.85b)
Taxrate = 9.38% (38.0m / 405.0m)
NOPAT = 1.49b (EBIT 1.65b * (1 - 9.38%))
Current Ratio = 1.54 (Total Current Assets 6.55b / Total Current Liabilities 4.24b)
Debt / Equity = 1.55 (Debt 21.85b / totalStockholderEquity, last quarter 14.08b)
Debt / EBITDA = 5.03 (Net Debt 18.19b / EBITDA 3.62b)
Debt / FCF = 17.64 (Net Debt 18.19b / FCF TTM 1.03b)
Total Stockholder Equity = 13.77b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.56% (Net Income 994.0m / Total Assets 38.85b)
RoE = 7.22% (Net Income TTM 994.0m / Total Stockholder Equity 13.77b)
RoCE = 5.53% (EBIT 1.65b / Capital Employed (Equity 13.77b + L.T.Debt 16.02b))
RoIC = 5.01% (NOPAT 1.49b / Invested Capital 29.82b)
WACC = 7.44% (E(78.35b)/V(100.20b) * Re(9.36%) + D(21.85b)/V(100.20b) * Rd(0.62%) * (1-Tc(0.09)))
Discount Rate = 9.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.77%
[DCF Debug] Terminal Value 66.11% ; FCFE base≈759.9m ; Y1≈527.1m ; Y5≈269.1m
Fair Price DCF = 43.06 (DCF Value 4.21b / Shares Outstanding 97.9m; 5y FCF grow -35.91% → 3.0% )
EPS Correlation: 77.81 | EPS CAGR: 20.03% | SUE: 1.12 | # QB: 2
Revenue Correlation: 96.22 | Revenue CAGR: 7.68% | SUE: -0.28 | # QB: 0

Additional Sources for EQIX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle