Equinix Financial Ratios
NASDAQ: EQIXReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Equinix ratio analysis
Equinix earned a net margin of 14.6% in FY 2025, up from 9.3% a year earlier. Gross margin was 51.1% compared with a median of 48.7% over the prior 9 years. Return on equity reached 9.5%, meaning Equinix generated 0.10 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 1.29 versus 1.08 the year before, and the current ratio was 1.32. At the end of FY 2025, EQIX traded at 55.5 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 55.5 to 199.7, with a median of 105.3. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Equinix financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 55.53 | 112.94 | 78.12 | 85.40 | 152.95 | 170.86 | 97.68 | 77.59 | 151.07 | 199.67 |
| Price / sales | 8.11 | 10.48 | 9.21 | 8.26 | 11.44 | 10.44 | 8.85 | 5.57 | 7.97 | 6.94 |
| Price / book | 5.28 | 6.77 | 6.04 | 5.21 | 6.98 | 5.89 | 5.57 | 3.91 | 5.09 | 5.74 |
| Gross margin | 51.1% | 48.9% | 48.4% | 48.4% | 47.7% | 48.7% | 49.5% | 48.6% | 49.8% | 49.6% |
| Operating margin | 20.0% | 15.2% | 17.6% | 16.5% | 16.7% | 17.6% | 21.0% | 19.3% | 18.5% | 17.1% |
| Net margin | 14.6% | 9.3% | 11.8% | 9.7% | 7.5% | 6.2% | 9.1% | 7.2% | 5.3% | 3.5% |
| Free cash flow margin | -4.3% | 2.1% | 5.3% | 9.4% | -3.1% | 0.5% | -1.6% | -5.5% | 1.4% | -2.6% |
| Return on equity (ROE) | 9.5% | 6.0% | 7.8% | 6.1% | 4.6% | 3.5% | 5.7% | 5.1% | 3.4% | 2.9% |
| Return on assets (ROA) | 3.4% | 2.3% | 3.0% | 2.3% | 1.8% | 1.4% | 2.1% | 1.8% | 1.2% | 1.0% |
| Debt / equity | 1.29 | 1.08 | 1.05 | 1.05 | 1.01 | 0.85 | 0.94 | 1.13 | 1.01 | 0.87 |
| Current ratio | 1.32 | 1.63 | 1.13 | 1.80 | 1.84 | 1.29 | 1.33 | 1.00 | 1.81 | 1.43 |
| Revenue growth | 5.4% | 6.8% | 12.7% | 9.5% | 10.6% | 7.8% | 9.7% | 16.1% | 20.9% | 32.5% |
| EPS growth | 61.9% | -17.6% | 34.4% | 38.7% | 32.3% | -30.2% | 31.4% | 52.0% | 67.6% | -44.2% |