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

1,001.43 52.66 −5.00%
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

Equinix, Inc. (EQIX) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Equinix, Inc. (EQIX) trades at a EV/EBITDA of 26.5×. Over the past ten years it has ranged from 14.7× (January 2015) to 34.2× (September 2021); the current reading is higher than 60% of that period. That is above the Reit Specialty industry median of 17.4× and above the Real Estate sector median of 15.5×.

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
Sep 2026 26.8× (4.54%)
Jun 2026 28.0× 1.45%
Mar 2026 27.6× 18.17%
Dec 2025 23.4× (10.26%)
43 more quarters

Against its own ten years

Low 14.7× High 34.2×
Ten-year median 25.8×
Current reading's percentile 60

EV/EBITDA against peers

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)

The full definition of EV/EBITDA →

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