Equinix Financial Statements From 2010 to 2024

EQIX Stock  USD 748.00  8.15  1.10%   
Equinix financial statements provide useful quarterly and yearly information to potential Equinix investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Equinix financial statements helps investors assess Equinix's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Equinix's valuation are summarized below:
Gross Profit
B
Profit Margin
0.125
Market Capitalization
71 B
Enterprise Value Revenue
10.7028
Revenue
7.8 B
We have found one hundred twenty available fundamental signals for Equinix, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Equinix prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.

Equinix Total Revenue

8.6 Billion

Check Equinix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equinix main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 500.4 M or Total Revenue of 8.6 B, as well as many exotic indicators such as Price To Sales Ratio of 8.75, Dividend Yield of 0.0353 or PTB Ratio of 6.34. Equinix financial statements analysis is a perfect complement when working with Equinix Valuation or Volatility modules.
  
This module can also supplement Equinix's financial leverage analysis and stock options assessment as well as various Equinix Technical models . Check out the analysis of Equinix Correlation against competitors.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.

Equinix Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets34.3 B32.7 B17.7 B
Slightly volatile
Short and Long Term Debt Total18.3 B17.5 B9.6 B
Slightly volatile
Other Current Liabilities1.7 B1.6 B454.3 M
Slightly volatile
Total Current Liabilities3.3 B3.2 B1.5 B
Slightly volatile
Total Stockholder Equity13.1 B12.5 B6.5 B
Slightly volatile
Property Plant And Equipment Net21.1 B20 B10.4 B
Slightly volatile
Accounts Payable303.3 M162.4 M451.4 M
Slightly volatile
Cash2.2 B2.1 B1.2 B
Slightly volatile
Non Current Assets Total30.5 B29.1 B15.6 B
Slightly volatile
Non Currrent Assets Other890.1 M847.7 M397.8 M
Slightly volatile
Cash And Short Term Investments2.2 B2.1 B1.3 B
Slightly volatile
Net Receivables1.3 B1.3 B550.8 M
Slightly volatile
Common Stock Shares Outstanding52.1 M94 M66.1 M
Slightly volatile
Short Term Investments41.8 M44 M139.6 M
Slightly volatile
Liabilities And Stockholders Equity34.3 B32.7 B17.7 B
Slightly volatile
Non Current Liabilities Total17.8 B17 B9.7 B
Slightly volatile
Other Stockholder Equity19.5 B18.5 B8.8 B
Slightly volatile
Total Liabilities21.1 B20.1 B11.2 B
Slightly volatile
Total Current Assets3.7 B3.6 B2.1 B
Slightly volatile
Short Term Debt1.3 B1.3 B466.3 M
Slightly volatile
Common Stock60.7 K95 K68.3 K
Slightly volatile
Other Liabilities963.4 M917.5 M540 M
Slightly volatile
Other Assets1.2 B1.2 B619.7 M
Slightly volatile
Long Term Debt13.4 B12.7 B7.3 B
Slightly volatile
Common Stock Total Equity60.8 K107 K73.5 K
Slightly volatile
Property Plant And Equipment Gross32.2 B30.7 B11.8 B
Slightly volatile
Property Plant Equipment20.1 B19.1 B10 B
Slightly volatile
Current Deferred Revenue88.3 M124.9 M105.8 M
Very volatile
Intangible Assets1.8 B1.7 B1.2 B
Slightly volatile
Good WillB5.7 B3.4 B
Slightly volatile
Net Tangible Assets4.8 B4.5 BB
Slightly volatile
Long Term Debt Total7.9 B14.7 B7.7 B
Slightly volatile
Capital Surpluse20.9 B19.9 B9.9 B
Slightly volatile
Non Current Liabilities Other58.2 M61.3 M1.1 B
Slightly volatile
Deferred Long Term Asset Charges13.6 M15.3 M16.6 M
Slightly volatile
Warrants101.1 M142.5 M113.5 M
Slightly volatile
Capital Lease Obligations2.3 B3.7 B1.9 B
Slightly volatile
Short and Long Term Debt1.1 BB318.6 M
Slightly volatile
Net Invested Capital22.9 B26.2 B18.3 B
Slightly volatile
Net Working Capital385.2 M405.4 M864 M
Slightly volatile
Capital Stock98.1 K95 K85.4 K
Slightly volatile

Equinix Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.9 B1.8 BB
Slightly volatile
Total Revenue8.6 B8.2 B4.4 B
Slightly volatile
Gross Profit3.6 B3.5 B2.1 B
Slightly volatile
Other Operating Expenses8.4 BB3.8 B
Slightly volatile
Total Operating Expenses2.1 BB1.3 B
Slightly volatile
Income Tax Expense163 M155.2 M102.4 M
Slightly volatile
Selling General Administrative1.7 B1.7 B830.9 M
Slightly volatile
Selling And Marketing Expenses898.6 M855.8 M503.8 M
Slightly volatile
Extraordinary Items7.1 M7.5 M20.7 M
Very volatile
Non Recurring32.9 M25.1 M29.8 M
Slightly volatile
Discontinued Operations9.9 M11.2 M12.1 M
Slightly volatile
Tax Provision112.1 M161.2 M76.3 M
Slightly volatile
Interest Income43.2 M84.5 M133.8 M
Slightly volatile
Reconciled Depreciation1.6 B1.8 B1.3 B
Slightly volatile

Equinix Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash FlowB1.9 B1.1 B
Slightly volatile
Depreciation1.9 B1.8 BB
Slightly volatile
Capital Expenditures2.9 B2.8 B1.6 B
Slightly volatile
End Period Cash Flow2.2 B2.1 B1.2 B
Slightly volatile
Other Non Cash Items86.6 M82.5 M44.8 M
Slightly volatile
Stock Based Compensation427.9 M407.5 M210.8 M
Slightly volatile
Change To Netincome577.3 M549.8 M289.3 M
Slightly volatile
Issuance Of Capital Stock285.7 M300.8 M601.1 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.759.208105
Slightly volatile
Dividend Yield0.03530.01820.0382
Slightly volatile
PTB Ratio6.346.03714.8729
Slightly volatile
Days Sales Outstanding52.9955.778156
Slightly volatile
Book Value Per Share115133134
Pretty Stable
Invested Capital1.041.12111.549
Slightly volatile
Stock Based Compensation To Revenue0.05980.04980.0502
Pretty Stable
PB Ratio6.346.03714.8729
Slightly volatile
EV To Sales10.5311.083896.2304
Slightly volatile
Inventory Turnover1.251.32099.5889
Slightly volatile
Days Of Inventory On Hand29027695.1528
Pretty Stable
Sales General And Administrative To Revenue0.190.2020.5665
Slightly volatile
Average Inventory1.7 B1.6 B468.1 M
Slightly volatile
Cash Per Share21.7222.8618131
Slightly volatile
Interest Coverage1.743.1012.2601
Slightly volatile
Intangibles To Total Assets0.150.22790.2223
Slightly volatile
Net Debt To EBITDA3.384.62414.0755
Slightly volatile
Current Ratio1.071.12822.2376
Slightly volatile
Tangible Book Value Per Share78.3154.174180.8503
Slightly volatile
Receivables Turnover7.36.54388.3255
Very volatile
Graham Number201176205
Slightly volatile
Shareholders Equity Per Share115133134
Pretty Stable
Debt To Equity1.041.12111.549
Slightly volatile
Revenue Per Share91.8487.466156.6901
Slightly volatile
Interest Debt Per Share163155222
Slightly volatile
Debt To Assets0.380.42880.5345
Slightly volatile
Operating Cycle349332209
Slightly volatile
Price Book Value Ratio6.346.03714.8729
Slightly volatile
Ebt Per Ebit0.80.76070.5301
Pretty Stable
Company Equity Multiplier2.082.61442.8299
Slightly volatile
Long Term Debt To Capitalization0.420.50470.5846
Slightly volatile
Total Debt To Capitalization0.430.52850.596
Slightly volatile
Debt Equity Ratio1.041.12111.549
Slightly volatile
Quick Ratio1.021.07251.9754
Slightly volatile
Cash Ratio0.630.66291.3762
Slightly volatile
Days Of Inventory Outstanding29027695.1528
Pretty Stable
Days Of Sales Outstanding52.9955.778156
Slightly volatile
Price To Book Ratio6.346.03714.8729
Slightly volatile
Fixed Asset Turnover0.320.40840.4109
Very volatile
Debt Ratio0.380.42880.5345
Slightly volatile
Price Sales Ratio8.759.208105
Slightly volatile
Asset Turnover0.190.25080.2395
Very volatile
Gross Profit Margin0.40.42449.7796
Slightly volatile
Price Fair Value6.346.03714.8729
Slightly volatile

Equinix Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap44.7 B56.4 B52 B
Slightly volatile
Enterprise Value48.4 B54.5 B59.3 B
Slightly volatile

Equinix Fundamental Market Drivers

Forward Price Earnings63.2911
Cash And Short Term Investments2.1 B

Equinix Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Equinix Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Equinix income statement, its balance sheet, and the statement of cash flows. Equinix investors use historical funamental indicators, such as Equinix's revenue or net income, to determine how well the company is positioned to perform in the future. Although Equinix investors may use each financial statement separately, they are all related. The changes in Equinix's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equinix's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Equinix Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Equinix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue124.9 M88.3 M
Total Revenue8.2 B8.6 B
Cost Of Revenue4.7 B4.9 B
Stock Based Compensation To Revenue 0.05  0.06 
Sales General And Administrative To Revenue 0.20  0.19 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.34)(0.36)
Revenue Per Share 87.47  91.84 
Ebit Per Revenue 0.18  0.19 

Equinix Investors Sentiment

The influence of Equinix's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Equinix. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Equinix's public news can be used to forecast risks associated with an investment in Equinix. The trend in average sentiment can be used to explain how an investor holding Equinix can time the market purely based on public headlines and social activities around Equinix. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Equinix's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Equinix's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Equinix's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Equinix.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equinix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equinix's short interest history, or implied volatility extrapolated from Equinix options trading.

Pair Trading with Equinix

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinix position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinix will appreciate offsetting losses from the drop in the long position's value.

Moving against Equinix Stock

  0.75BRT BRT Realty Trust Financial Report 13th of May 2024 PairCorr
  0.67NXRT Nexpoint Residential Financial Report 23rd of April 2024 PairCorr
The ability to find closely correlated positions to Equinix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinix when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinix - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinix to buy it.
The correlation of Equinix is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinix moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinix can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Equinix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinix Stock:
Check out the analysis of Equinix Correlation against competitors.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Equinix Stock analysis

When running Equinix's price analysis, check to measure Equinix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinix is operating at the current time. Most of Equinix's value examination focuses on studying past and present price action to predict the probability of Equinix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinix's price. Additionally, you may evaluate how the addition of Equinix to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Equinix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinix. If investors know Equinix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.731
Dividend Share
14.49
Earnings Share
10.33
Revenue Per Share
82.834
Quarterly Revenue Growth
0.154
The market value of Equinix is measured differently than its book value, which is the value of Equinix that is recorded on the company's balance sheet. Investors also form their own opinion of Equinix's value that differs from its market value or its book value, called intrinsic value, which is Equinix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinix's market value can be influenced by many factors that don't directly affect Equinix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.