Equinix (EQIX) vs Realty Income (O)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Equinix (EQIX) has outperformed Realty Income (O) over the past year, gaining 31.1% versus a loss of 10.5%. Over five years, EQIX leads with a +32.0% price change compared with -21.0% for O. Equinix is the larger company by market cap ($99.87 billion vs $50.56 billion), about 2.0 times the size, while Realty Income is growing revenue faster (+9.1% vs +5.4%).
On valuation, Realty Income trades at a lower forward P/E (34.4x vs 54.6x for Equinix). Realty Income offers the higher dividend yield (6.05% vs 1.95%). Realty Income converts more of its revenue into profit, with a net margin of 18.4% versus 14.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EQIX | O |
|---|---|---|
| Share price | $1,012.13 | $53.44 |
| Market cap | $99.87B | $50.56B |
| 1-day change | -1.90% | +0.16% |
| YTD return | +34.67% | -5.36% |
| 1-year return | +31.09% | -10.53% |
| 5-year return | +32.04% | -20.96% |
| P/E ratio (TTM) | 65.13 | 38.72 |
| Forward P/E | 54.63 | 34.41 |
| EPS (TTM) | $15.54 | $1.38 |
| Dividend yield | 1.95% | 6.05% |
| Annual dividend | $19.70 | $3.24 |
| Revenue (latest FY) | $9.22B | $5.75B |
| Revenue growth (YoY) | +5.36% | +9.07% |
| Net income (latest FY) | $1.35B | $1.06B |
| Gross margin | 51.09% | — |
| Operating margin | 20.05% | — |
| Net margin | 14.65% | 18.41% |
| 52-week high | $1,128.68 | $67.94 |
| 52-week low | $720.62 | $53.15 |
| Distance from 52-week high | -10.33% | -21.35% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +21.94% | +24.24% |
| Average volume | 535.83K | 6.48M |
| Shares outstanding | 98.67M | 946.22M |
| Employees | 13,716 | 544 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- EQIX has outperformed O by 41.6 percentage points over the past year.
- Equinix trades at a higher earnings multiple (65.1x vs 38.7x trailing P/E).
- Realty Income offers a meaningfully higher dividend yield (6.05% vs 1.95%).
About Equinix
EQIX stock →Equinix, Inc. shortens the path to boundless connectivity anywhere in the world.
Real Estate · Real Estate Investment Trusts · 13,716 employees
About Realty Income
O stock →Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies. Founded in 1969, we serve our clients as a full-service real estate capital provider.
Real Estate · Real Estate Investment Trusts · 544 employees
EQIX vs O FAQ
Which is bigger, Equinix or Realty Income?
Equinix (EQIX) is larger, with a market capitalization of $99.87B compared with $50.56B for Realty Income (O).
Which stock has performed better over the past year, EQIX or O?
EQIX returned +31.09% over the past 12 months, compared with -10.53% for O (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EQIX or O?
O has the lower trailing P/E at 38.7, versus 65.1 for EQIX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Equinix or Realty Income?
Realty Income has the higher yield at 6.05%, compared with 1.95% for Equinix.
Are Equinix and Realty Income in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.