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Friday 6 November 2026 Export EQIX’s income statement to Excel — free account

Equinix, Inc.

EQIX Real Estate Reit Specialty

Equinix, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.2 billion, up 5.36% from fiscal 2024.

Revenue
+11.0%
EPS
+29.6%
Free cash flow
+37.7%
Total debt
+24.4%

Quarter to September 2026, against a year earlier

1,010.90 13.55 +1.36%
Market cap
$98.7B
P/E
59.9×
Fwd P/E
56.0×
Dividend yield
2.01%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Equinix, Inc. (EQIX) Debt to equity

Alert me on Debt to equity

Equinix, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 1.6×, up 0.2× from fiscal 2025 (1.4×). Over the past ten years it has ranged from 1.1× (fiscal 2020) to 2.4× (fiscal 2015); the current reading is higher than 64% of that period. That is above the Reit Specialty industry median of 0.6× and above the Real Estate sector median of 0.7×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.4× 17.55%
FY2024 1.2× 0.05%
FY2023 1.2× (8.18%)
FY2022 1.3× 3.71%
FY2021 1.2× 9.13%
FY2020 1.1× (8.90%)
FY2019 1.3× (16.08%)
FY2018 1.5× 2.55%
FY2017 1.5× (4.26%)
FY2016 1.5× (35.40%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 1.6× 11.08%
Jun 2026 1.4× 3.32%
Mar 2026 1.4× (0.64%)
Dec 2025 1.4× 6.27%
43 more quarters

Against its own ten years

Low 1.1× High 2.4×
Ten-year median 1.3×
Current reading's percentile 64

Debt to equity against peers

Company Debt to equity
IRM Iron Mountain Incorporated compare −16.9×
CCI Crown Castle Inc. compare −5.2×
SBAC SBA Communications Corporation compare −2.7×
WY Weyerhaeuser Company compare 0.6×
DLR Digital Realty Trust, Inc. compare 0.7×
GLPI Gaming and Leisure Properties, Inc. compare 1.5×
EQIX Equinix, Inc. 1.6×
LAMR Lamar Advertising Company compare 3.4×
AMT American Tower Corporation compare 3.8×
Reit Specialty industry median 0.6×
Real Estate sector median 0.7×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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