- REIT - Specialty
- Real Estate
-
9.94
EPS
-
82.35
P/E
-
77.7B
MARKET CAP
-
1.98%
DIV YIELD
Company Overview
ONE LAGOON DRIVE,REDWOOD CITY CA 94065,(650) 598-6000
CEO
Ms. Adaire Rita Fox-Martin
Employess
13151
Sector
Real Estate
Industry
REIT - Specialty
Website
https://www.equinix.com
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
Next Earnings Date
Oct. 23, 2024
Ex Dividends date
Sep. 18, 2024
Dividend Date
Aug. 21, 2024
YTD Performance
1.04%
Fiscal Year End
12-31
IPO Date
2000-08-11
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 14.29% | 10.05% | 10.93% | 12.74% |
EPS | 18.35% | 17.71% | 34.86% | 34.59% |
Equity | 17.65% | 11.59% | 5.51% | 8.54% |
Cash | 23.12% | 28.16% | 9.31% | 9.96% |
Return On Capital (ROIC) | 1.41% | 3.78% | 3.99% | 4.81% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 1,280 | 301 | 325 | 524 | 942 |
Long Term Debt | 12,700 | 16,200 | 14,700 | 13,400 | 12,300 |
LT Finance Leases | 5,580 | 3,710 | 3,390 | 3,390 | 2,970 |
Shares Outstanding | 93.6 | 91.6 | 89.8 | 87.7 | 84.1 |
Market Cap | 75,400 | 60,000 | 75,900 | 62,600 | 49,100 |
Price
News
MEDIA ALERT: Equinix to Speak at Upcoming Investor Conference
1 monthREDWOOD CITY, Calif. , Aug. 9, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that Jon Lin, Executive Vice President and General Manager, Data Center Services, will present at TD Cowen's 10th Annual Communications Infrastructure Summit on Tuesday, August 13, at 11:15 a.m.
prnewswire.comEquinix's (EQIX) Q2 AFFO Beat on Solid Demand, Revenues Rise
1 monthEquinix (EQIX) posts stellar Q2 results, backed by strong demand for its colocation and interconnection services.
zacks.comEquinix, Inc. (EQIX) Q2 2024 Earnings Call Transcript
1 monthEquinix, Inc. (NASDAQ:EQIX ) Q2 2024 Earnings Conference Call August 7, 2024 5:30 PM ET Company Participants Chip Newcom - Senior Director of IR Adaire Fox-Martin - CEO and President Keith Taylor - CFO Conference Call Participants Simon Flannery - Morgan Stanley Nick Del Deo - MoffettNathanson David Barden - Bank of America James Schneider - Goldman Sachs Michael Elias - TD Cowen Michael Rollins - Citi Operator Good afternoon, and welcome to the Equinix Second Quarter Earnings Conference Call [Operator Instructions]. I would now like to turn the call over to Chip Newcom, Senior Director of Investor Relations.
seekingalpha.comEquinix (EQIX) Reports Q2 Earnings: What Key Metrics Have to Say
1 monthAlthough the revenue and EPS for Equinix (EQIX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.comEquinix (EQIX) Beats Q2 FFO and Revenue Estimates
1 monthEquinix (EQIX) came out with quarterly funds from operations (FFO) of $9.22 per share, beating the Zacks Consensus Estimate of $8.82 per share. This compares to FFO of $8.04 per share a year ago.
zacks.comEquinix raises annual adjusted core earnings forecast on strong data center demand
1 monthEquinix raised its annual adjusted core earnings forecast on Wednesday, betting on strong demand for its data center operation services amid growing adoption of generative artificial intelligence technology.
reuters.comEquinix Declares Quarterly Dividend on Its Common Stock
1 monthREDWOOD CITY, Calif. , Aug. 7, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that its Board of Directors has declared a quarterly cash dividend of $4.26 per share on its common stock.
prnewswire.comEquinix Reports Second Quarter 2024 Results
1 monthREDWOOD CITY, Calif. , Aug. 7, 2024 /PRNewswire/ -- Quarterly revenues increased 7% over the same quarter last year to $2.2 billion, or 8% on a normalized and constant currency basis Net income increased 45% year-over-year to $301 million and adjusted EBITDA surpassed the $1 billion quarterly threshold for the first time Closed first multi-hundred-megawatt xScale campus in Atlanta; continue to augment and extend xScale portfolio to support cloud and AI training workload demands Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today reported results for the quarter ended June 30, 2024.
prnewswire.comEquinix (EQIX) to Post Q2 Earnings: What's in the Offing?
1 monthEquinix's (EQIX) Q2 earnings are likely to have benefited from the robust demand for data centers and expansionary efforts. However, higher interest expenses may have hurt it.
zacks.comThe Top 3 REITs to Buy Now: Summer 2024
2 monthsThe REITs (Real Estate Investment Trusts) are worth checking out if you're looking to get paid handsome distributions while you wait for the Federal Reserve to finally cut interest rates. Undoubtedly, capital-intensive REITs stand out as big winners as rates fall.
investorplace.comEquinix: An Absolute Beast, But Not A Bargain
2 monthsEquinix has been one of the best performing REITs over the last few years, despite the Federal Reserve's hawkish policy. There is a lot to like: EQIX provides an essential digital service, it has a great track record and enjoys a clear tailwind. Unfortunately, the stock seems way too expensive for my taste and I think other REITs might offer better value at the moment.
seekingalpha.comHere's Why Equinix (EQIX) Gained But Lagged the Market Today
2 monthsEquinix (EQIX) reachead $771.90 at the closing of the latest trading day, reflecting a +0.34% change compared to its last close.
zacks.com