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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Equinix's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$6.64 B | $7.26 B | $8.19 B | $8.75 B | $9.22 B |
| Cost of Revenue |
|
$3.47 B | $3.75 B | $4.23 B | $4.47 B | $4.51 B |
| Gross Profit |
|
$3.16 B | $3.51 B | $3.96 B | $4.28 B | $4.71 B |
| Research & Development |
|
- | - | - | - | - |
| Selling,General & Administrative |
|
$2.04 B | $2.29 B | $2.51 B | $2.66 B | $2.74 B |
| Operating Expense |
|
$2.05 B | $2.31 B | $2.52 B | $2.95 B | $2.86 B |
| Operating Income |
|
$1.11 B | $1.20 B | $1.44 B | $1.33 B | $1.85 B |
| Net Income |
|
$500.19 M | $704.35 M | $969.18 M | $815.00 M | $1.35 B |
Equinix's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$1.54 B | $1.91 B | $2.10 B | $3.61 B | $3.23 B |
| Inventories |
|
- | - | - | - | - |
| Total Current Assets |
|
$2.96 B | $3.31 B | $3.57 B | $5.45 B | $5.13 B |
| Property,Plant and Equipment |
|
$16.73 B | $18.08 B | $20.05 B | $20.67 B | $24.98 B |
| Goodwill |
|
$5.37 B | $5.65 B | $5.74 B | $5.50 B | $5.98 B |
| Total Assets |
|
$27.92 B | $30.31 B | $32.65 B | $35.09 B | $40.14 B |
| Total Liabilities |
|
$17.04 B | $18.80 B | $20.14 B | $21.53 B | $25.96 B |
| Retained Earnings |
|
-$3.90 B | -$4.35 B | -$4.76 B | -$5.59 B | $6.10 B |
| Total Shareholder Equity |
|
$10.88 B | $11.51 B | $12.49 B | $13.53 B | $14.16 B |
| Common Stock |
|
$91.00 K | $93.00 K | - | - | - |
Equinix's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$1.66 B | $1.74 B | $1.84 B | $2.01 B | $2.07 B |
| Dividends Payout |
|
-$1.04 B | -$1.15 B | -$1.37 B | -$1.64 B | -$1.86 B |
| Capital Expenditures (Capex) |
|
-$2.75 B | -$2.28 B | -$2.78 B | -$3.07 B | - |
| Free Cash Flow (FCF) |
|
-$204.31 M | $685.18 M | $435.58 M | $183.00 M | $3.91 B |
Equinix's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$3.16 B | $3.51 B | $3.96 B | $4.28 B | $4.71 B |
| Gross Profit Margin (%) |
|
47.67% | 48.35% | 48.36% | 48.94% | 6.92% |
| Operating Income |
|
$1.11 B | $1.20 B | $1.44 B | $1.33 B | $1.85 B |
| Operating Income Margin (%) |
|
16.70% | 16.52% | 17.62% | 15.18% | 3.06% |
| Net Income |
|
$500.19 M | $704.35 M | $969.18 M | $815.00 M | $1.35 B |
| Net Income Margin (%) |
|
7.54% | 9.70% | 11.84% | 9.32% | 14.65% |
| EBITDA |
|
$2.60 B | $2.92 B | $3.37 B | $3.44 B | $1.85 B |
| EBITDA Margin (%) |
|
39.20% | 40.23% | 41.17% | 39.33% | 44.95% |
Equinix's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
4.60% | 6.12% | 7.76% | 6.02% | 9.54% |
| Return on Assets (ROA) |
|
1.79% | 2.32% | 2.97% | 2.32% | 3.36% |
| Debt to Equity |
|
137.77% | 143.14% | 139.75% | 140.16% | 160.54% |
| Debt to total asset |
|
53.70% | 54.34% | 53.46% | 54.04% | 56.62% |
| Enterprise value to revenue |
|
13.47 | 10.26 | 11.08 | 12.10 | 10.20 |
| Enterprise value to EBITDA |
|
34.36 | 25.51 | 26.92 | 30.77 | 50.87 |
| Enterprise value |
|
$89.39 B | $74.54 B | $90.75 B | $105.89 B | $94.01 B |
| Tax Rate (%) |
|
17.94% | 14.96% | 13.79% | 16.51% | 10.61% |





