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EQIX EQUINIX INC

Trailing twelve months to 2026-06-30 · as filed 2026-07-29, not restated
Real Estate

Scale

Market cap
$106.1bn
Revenue TTM
$9.8bn
Net income TTM
$1.5bn
Free cash flow
Composite score
43.0
Sector rank
#112

Valuation

P / E
69.2
EV / EBITDA
28.8
EV / sales
12.6
FCF yield
Earnings yield vs 10-yr
-3.29pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
15.6%
EBITDA margin
43.9%
ROE
10.7%
ROIC
6.7%
Revenue growth
9.6%

Insider activity, last 90 days

Net open-market
$-11.88m
Buyers
0
Sellers
6

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Revenue Our business is primarily based on a recurring revenue model comprised of colocation, interconnection and managed infrastructure offerings. In addition, during the past three years, more than 90% of our monthly recurring revenue bookings came from existing customers, contributing to our revenue growth. Our 50 largest customers accounted for approximately 36% of our recurring revenues for both the three and six months ended June 30, 2026 and 2025. Our non-recurring revenues are primarily derived from fees charged on installations related to a customer's initial deployment and professional services we perform for our customers, including our joint ventures. …EQUINIX INC, 10-Q, period ended 2026-06-30, filed 2026-07-29

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