Equinix, Inc. (EQIX) Stock

About Equinix, Inc.

Equinix, Inc. is a digital infrastructure company that connects businesses to their customers, employees, and partners inside interconnected data centers. The company operates a global platform of data centers, providing colocation, interconnection, and support services to a diverse range of customers. Equinix enables businesses to access various places, partners, and possibilities needed to accelerate their digital strategies.

Equinix, Inc. is led by CEO Adaire Rita Fox-Martin, employs 13,606 people, headquartered in Redwood City, US, publicly traded since 2000.

Equinix, Inc. (EQIX) stock trades at $1008.02 with a market capitalization of $99.42B. The stock is valued at a price-to-earnings (P/E) ratio of 74.63, price-to-book of 7.45, price-to-sales of 11.04. Over the past 52 weeks the stock has ranged between $710.52 and $1122.82, and currently trades 10.2% below its 52-week high. It pays a dividend yielding 1.78%.

On profitability, Equinix, Inc. generates a return on equity (ROE) of 10.06%, return on capital employed of 13.03%, an operating margin of 20.80%, a net profit margin of 15.03%.

In its most recent fiscal year, Equinix, Inc. reported annual revenue of $9.3B, net profit of $1.4B, revenue has compounded at 9.1% a year over the last five years, profit at 29.5% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.63, a current ratio of 1.32, total assets of $40.1B, $1.7B in cash and equivalents.

EQIX has an average daily trading volume of 584,957 shares, a beta of 0.97.

Official website: www.equinix.com