EQIXEQUINIX INC
Real Estate Investment Trusts
- Revenue
- $9.2B
- 5.4% YoY
- Operating margin
- 20.0%
- 32% YoY
- EBITDA
- $3.9B
- 17% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.3×
- $20.5B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear290% of net incomeCash flow under 80% of net income
- Dilutive SBCClear5% of revenueOver 10% of revenue
- Payouts exceed cash flowClear47% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear13% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $6.6B | $7.3B | $8.2B | $8.7B | $9.2B | 5.4% |
| Operating income | $1.1B | $1.2B | $1.4B | $1.3B | $1.8B | 39% |
| Net income | $500M | $705M | $969M | $815M | $1.4B | 66% |
| Operating cash flow | $2.5B | $3.0B | $3.2B | $3.2B | $3.9B | 20% |
| Capex | $2.8B | $2.3B | $2.8B | $3.1B | $4.3B | 41% |
| Stock-based comp | $364M | $404M | $407M | $462M | $498M | 7.8% |
| Dividends | $1.0B | $1.2B | $1.4B | $1.6B | $1.9B | 13% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 13
- Net
- −$2M
Pay vs performance
No pay-versus-performance disclosure yet.