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

1,012.29 14.94 +1.50%
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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Equinix, Inc. (EQIX) trades at a P/B ratio of 6.8×. Over the past ten years it has ranged from 3.8× (December 2018) to 11.7× (December 2015); the current reading is higher than 86% of that period. That is above the Reit Specialty industry median of 2.0× and above the Real Estate sector median of 1.0×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 5.3× (20.36%)
FY2024 6.7× 9.52%
FY2023 6.1× 15.22%
FY2022 5.3× (24.44%)
FY2021 7.0× 18.47%
FY2020 5.9× 6.02%
FY2019 5.6× 42.59%
FY2018 3.9× (22.30%)
FY2017 5.0× (12.96%)
FY2016 5.8× (9.49%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 6.9× (3.85%)
Jun 2026 7.2× 6.03%
Mar 2026 6.7× 27.33%
Dec 2025 5.3× (2.27%)
43 more quarters

Against its own ten years

Low 3.8× High 11.7×
Ten-year median 5.8×
Current reading's percentile 90

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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