Equinix Inc. EQIX
Real Estate Investment Trusts · IPO 2000 · data as of November 13, 2026
Equinix Inc. (EQIX) is a real estate company listed in the US with a market value of about $104.3B. In the twelve months to September 30, 2026 it had revenue of $10.1B and net income of $1.6B, a net margin of 16.4%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is track record (3/5); the weakest is value (0/5).
Key numbers: a P/E of 63.3, 5-year revenue growth of 9% a year, a 5-year average ROIC of 4%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 36% below the current price.
Score: 1.4 / 5
Checks passed
- Profit margin improving
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Pays a dividend
- Dividend 3 years in a row
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.1B | $9.2B | $8.7B | $8.2B | $7.3B | $6.6B | $6.0B | $5.6B | $5.1B | $4.4B | $3.6B |
| Net income | $1.6B | $1.4B | $815M | $969M | $705M | $500M | $370M | $507M | $365M | $233M | $127M |
| Free cash flow | -$1.7B | -$400M | $183M | $436M | $685M | -$204M | $27M | -$87M | -$281M | $61M | -$94M |
| EPS (diluted) | $16.65 | $13.76 | $8.50 | $10.31 | $7.67 | $5.53 | $4.18 | $5.99 | $4.56 | $3.00 | $1.79 |
| Net margin | 16.4% | 14.6% | 9.3% | 11.8% | 9.7% | 7.5% | 6.2% | 9.1% | 7.2% | 5.3% | 3.5% |
| ROIC | — | 4.8% | 3.6% | 4.5% | 4.0% | 3.8% | 3.3% | 4.1% | 4.4% | 4.3% | 4.6% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 32 analysts is $1234.88, 17% above the current price; targets range from $1100.00 to $1380.00; the consensus rating is “Strong buy”; expected EPS is $18.74 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Equinix’s P/E ratio?
About 63.3, based on the last twelve months of diluted earnings per share (forward P/E about 52.9).
Is Equinix stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 36% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Equinix pay a dividend?
Yes. The dividend yield is about 1.96%, and it has paid dividends for 10 years in our data.
Is Equinix a good stock to buy?
We do not give buy or sell advice. Equinix scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.