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. In the quarter to June 2026, revenue grew 16.4%, EPS grew 29.3%, free cash flow fell 311.0% and total debt rose 13.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for ten.
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Equinix, Inc. (EQIX) EV/EBITDA
As of 16 October 2026, Equinix, Inc. (EQIX) trades at a EV/EBITDA of 26.7×. Over the past ten years it has ranged from 14.7× (January 2015) to 34.2× (September 2021); the current reading is higher than 62% of that period. That is above the Reit Specialty industry median of 17.3× and above the Real Estate sector median of 15.2×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 23.4× | (23.79%) |
| FY2024 | 30.7× | 13.84% |
| FY2023 | 27.0× | 8.17% |
| FY2022 | 24.9× | (21.19%) |
| FY2021 | 31.6× | 7.70% |
| FY2020 | 29.4× | 24.23% |
| FY2019 | 23.6× | 36.86% |
| FY2018 | 17.3× | (24.47%) |
| FY2017 | 22.9× | 8.63% |
| FY2016 | 21.1× | 9.96% |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 28.0× | 1.45% |
| Mar 2026 | 27.6× | 18.17% |
| Dec 2025 | 23.4× | (10.26%) |
| Sep 2025 | 26.1× | (1.47%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| GLPI Gaming and Leisure Properties, Inc. compare | 11.5× |
| WY Weyerhaeuser Company compare | 14.1× |
| LAMR Lamar Advertising Company compare | 17.3× |
| AMT American Tower Corporation compare | 17.3× |
| SBAC SBA Communications Corporation compare | 18.8× |
| CCI Crown Castle Inc. compare | 19.5× |
| IRM Iron Mountain Incorporated compare | 19.9× |
| EQIX Equinix, Inc. | 26.7× |
| DLR Digital Realty Trust, Inc. compare | 38.3× |
| Reit Specialty industry median | 17.3× |
| Real Estate sector median | 15.2× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on EQIX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement