Equinix, Inc. (EQIX) - Company Profile - 2026-04-28
Company Overview
Equinix, Inc. (EQIX) is a United States-based REIT organized as a specialty real estate company focused on data centers and digital infrastructure. The business centers on building and operating data center facilities and interconnection ecosystems that enable global connectivity for enterprises, cloud providers, and content platforms. Equinix positions its platforms to support digital experiences and the deployment of advanced technologies across markets worldwide. The company was founded on June 22, 1998 and is incorporated in Delaware. The organization employs a substantial workforce and operates a network of facilities that underpin its interconnected ecosystems.
Business and Operations
Equinix provides data center facilities and related interconnection services that connect economies, countries, organizations, and communities. Its operating model centers on a global footprint of data centers and the interconnection between customers and diverse digital ecosystems, enabling rapid and efficient digital experiences. Through its platform, customers access a broad set of partners, including cloud providers, network services, and content delivery networks, to optimize performance, security, and scale for digital applications, AI workloads, and online services.
Fundamental Metrics
- Market cap: $106.16B
- Enterprise value: $128.10B
- P/E (trailing): 78.40
- P/E (forward): 61.10
- P/B: 7.47
- [P/S](https://aksoycapital.com/glossary/price-to-sales-ps.html): 11.46
- PEG: 5.00
- Profit margin: 14.58%
- Operating margin: 21.54%
- ROE: 9.72%
- [ROA](https://aksoycapital.com/glossary/return-on-assets-roa.html): 3.33%
- Debt/Equity: 160.29
- [Current ratio](https://aksoycapital.com/glossary/current-ratio.html): 1.32
- Revenue (TTM): $9.26B
- Revenue growth (YoY): 8.10%
- Earnings growth (YoY): n/a
- Free cash flow: $2.83B
- Dividend yield: 176.00%
- Payout ratio: 136.34%
- Beta: 1.00
Share Structure and Ownership
- Shares outstanding: 98,623,487.00
- Float: 97,867,804.00
- Insider held: 0.27%
- Institutional held: 98.16%
- Short ratio (days to cover): 3.28
- Short % of float: 2.10%
Top institutional holders:
- Vanguard Group Inc: 13.59% of shares
- BlackRock Inc.: 10.95% of shares
- State Street Corporation: 6.30% of shares
- FMR, LLC: 2.85% of shares
- Cohen & Steers Inc.: 2.65% of shares
Trading Activity
- Last close: $1,076.40 on 2026-04-28
- 1-month change: +11.78%
- 3-month change: +36.03%
- YTD change: +40.87%
- 1-year change: +26.39%
- 52-week high: $1,128.68
- 52-week low: $710.52
- [Drawdown](https://aksoycapital.com/glossary/drawdown.html) from 52W high: -4.63%
- 30-day avg volume: 539,653
- 90-day avg volume: 604,120
Recent Price Action
Stock performance in the recent period shows a 1-month gain of 11.78% and a 3-month gain of 36.03%, with a year-to-date rise of 40.87% and a 1-year increase of 26.39%. The 52-week trading range spans from $710.52 to $1,128.68, placing the last close near the upper end of the range. The drawdown from the 52-week high is listed as 4.63%. Average daily trading volume over the last 30 and 90 days indicates moderate liquidity levels for the stock.
Strengths
- Market capitalization of approximately $106.16B and enterprise value around $128.10B
- Revenue (TTM) of $9.26B with 8.10% YoY growth
- Free cash flow of $2.83B
- Dividend yield listed at 176.00% with a payout ratio of 136.34%
- High institutional ownership at 98.16%
- Among top institutional holders: Vanguard Group Inc (13.59%), BlackRock Inc. (10.95%), State Street Corporation (6.30%)
- Strong data center footprint and interconnected ecosystems described in the business profile
Considerations
- [Valuation multiples](https://aksoycapital.com/glossary/valuation-multiples.html): P/E (trailing) 78.40, P/E (forward) 61.10, P/S 11.46, P/B 7.47, PEG 5.00
- Debt level: Debt/Equity 160.29
- Liquidity metrics: Current ratio 1.32
- Dividend yield and payout ratio are unusually high relative to conventional norms (176.00% yield; 136.34% payout)
- Earnings growth YoY is not available in the data
- Heavy reliance on institutional ownership (institutional holders ~98.16%) may influence liquidity and ownership dynamics
- Short interest data indicates 2.10% of float and a short ratio of 3.28 days
Summary
Equinix, Inc. is a U.S.-based REIT focused on data centers and digital infrastructure with a market capitalization near $106 billion and an enterprise value around $128 billion. The company reports revenue of about $9.26 billion (TTM) with 8.10% YoY growth and free cash flow of approximately $2.83 billion. In recent price action, shares have risen, posting a 1-month gain of 11.78% and a 3-month gain of 36.03% as of 2026-04-28, with a 52-week high of $1,128.68 and a 52-week low of $710.52.