Equinix, Inc. EQIX
- Market cap
- $102.7B
- P/E
- 64.6×
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Equinix, Inc. (EQIX) Free cash flow
Equinix, Inc.'s free cash flow for fiscal 2025 was −$1.4B, compared with $93.0M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$2.2B. Over the past ten years it has ranged from −$1.4B (fiscal 2025) to $729.5M (fiscal 2016) — the current reading is the lowest in ten years. Free cash flow has fallen for 3 consecutive fiscal years. Equinix, Inc. ranks 18th of 18 Reit Specialty companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | −$1.4B | — |
| FY2024 | $93.0M | (27.91%) |
| FY2023 | $129.0M | (81.22%) |
| FY2022 | $687.0M | — |
| FY2021 | −$197.6M | — |
| FY2020 | $161.5M | 57.10% |
| FY2019 | $102.8M | — |
| FY2018 | −$451.0M | — |
| FY2017 | $13.2M | (98.19%) |
| FY2016 | $729.5M | — |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | −$522.0M | — |
| Mar 2026 | −$404.0M | — |
| Dec 2025 | −$895.0M | — |
| Sep 2025 | −$414.0M | — |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| AMT American Tower Corporation compare | $4.0B |
| DLR Digital Realty Trust, Inc. compare | $3.7B |
| CCI Crown Castle Inc. compare | $2.4B |
| SBAC SBA Communications Corporation compare | $1.3B |
| LAMR Lamar Advertising Company compare | $739.1M |
| GLPI Gaming and Leisure Properties, Inc. compare | $627.7M |
| WY Weyerhaeuser Company compare | −$141.0M |
| IRM Iron Mountain Incorporated compare | −$594.9M |
| EQIX Equinix, Inc. | −$2.2B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on EQIX
- Revenue
- Net income
- EBITDA
- 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/EBITDA
- EV/Sales
- 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
- The full statement