OakChart

Equinix Inc

EQIXReal Estate·REIT - Specialty·USA·Large·NASD·Nov 11 • 9:56 AM ET

1,069.48+19.48 (1.86%)
2026-11-11 15:56 CET
Market cap
103,937.71 USD m
Revenue, TTM
10,060.00 USD m
Net income, TTM
1,648.00 USD m
Free cash flow, TTM
-1,657.00 USD m
EPS diluted, TTM
16.65
P/E
64.22
Compare

Price

EQIX against its 20, 50 and 200-day averages
2050200beat
900.001,000.001,100.00648K1.3MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26EQIXclose 1,069.4820-day 1,005.9750-day 1,017.82200-day 1,020.051,069.48

5.2% under 1,128.68 on 24 Apr 2026. Last 15 sessions, 15.9% high to low

Profile

EQIX
52-week range, 85% of the way up
720.621,129

Equinix, Inc. is a digital infrastructure company, which engages in the provision of a platform that interconnects the foundational infrastructure. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia-Pacific. It offers digital services, data center services, interconnection services, and support services. The company was founded by Jay Steven Adelson and Albert M. Avery, IV on June 22, 1998 and is headquartered in Redwood City, CA.

IndexS&P 500, RUI
Employees13716
IPOAug 11, 2000
Beta0.96
ATR, 14d35.99
Rel volume0.65
Short float1.80%
Insider own0.31%
Inst own101.28%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap105.87B
Enterprise Value128.70B
Income1.65B
Sales10.06B
Book/sh-13.99
Cash/sh36.35
Dividend Est.20.63 (1.93%)
Dividend TTM20.17 (1.89%)
Dividend Ex-DateNov 18, 2026
Dividend Gr. 3/5Y14.80% 12.01%
Payout136.36%
Employees13716
IPOAug 11, 2000

Ratios

P/E64.22
Forward P/E54.20
PEG3.34
P/S10.52
P/B-
P/C29.42
P/FCF-
EV/EBITDA33.19
EV/Sales12.79
Quick Ratio1.29
Current Ratio1.29
Debt/Eq-
LT Debt/Eq-
Option/ShortYes / Yes

Earnings

EPS (ttm)16.65
EPS next Y19.73
EPS next Q4.20
EPS this Y31.67%
EPS next Y8.90%
EPS next 5Y16.24%
EPS past 3/5Y21.50% 26.89%
Sales past 3/5Y8.26% 8.96%
EPS Y/Y TTM52.70%
Sales Y/Y TTM11.06%
EPS Q/Q29.29%
Sales Q/Q11.01%
EarningsOct 28 AMC
EPS/Sales Surpr.20.02% 0.31%

Ownership

Insider Own0.31%
Insider Trans-4.42%
Inst Own101.28%
Inst Trans0.44%
ROA3.99%
ROE25.81%
ROIC7.16%
Gross Margin37.24%
Oper. Margin15.26%
Profit Margin16.38%
SMA206.31%
SMA505.08%
SMA2004.85%
Trades-

Technical

Shs Outstand98.99M
Shs Float98.68M
Short Float1.80%
Short Ratio3.13
Short Interest1.77M
52W High1128.68 -5.25%
52W Low720.62 48.41%
Volatility4.34% 3.52%
ATR (14)35.99
RSI (14)59.47
Beta0.96
Rel Volume0.65
Avg Volume566.66K
Volume42,028

Performance

Perf Week1.46%
Perf Month4.91%
Perf Quarter-0.40%
Perf Half Y-0.72%
Perf YTD39.59%
Perf Year30.26%
Perf 3Y39.39%
Perf 5Y38.06%
Perf 10Y229.02%
Recom1.36
Target Price1238.00
Prev Close1050.00
Price1069.48
Change %1.86%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 21, 2026InitiatedRRothschild & Co RedburnBuy$1261+17.9%
Jul 10, 2026InitiatedBBTIG ResearchBuy$1210+13.1%
Apr 30, 2026UpgradeRRaymond JamesMkt Perform → Strong Buy$1250+16.9%
Apr 09, 2026InitiatedCCantor FitzgeraldOverweight$1173+9.7%
Apr 07, 2026DowngradeBScotiabankSector Outperform → Sector Perform$1050-1.8%
Mar 05, 2026InitiatedBBernsteinOutperform$1128+5.5%
Jan 06, 2026InitiatedDDeutsche BankBuy$915-14.4%
Dec 18, 2025ResumedGGoldmanNeutral$795-25.7%
Dec 03, 2025UpgradeBBMO Capital MarketsMarket Perform → Outperform$900-15.8%
Oct 16, 2025InitiatedMMorgan StanleyOverweight$950-11.2%

Peers

Mkt cap
TickerCompanyMkt cap
DLRDigital Realty Trust Inc68.68B
IRMIron Mountain Inc33.64B
AMTAmerican Tower Corp88.23B
BXDCBlackstone Digital Infrastructure Trust Inc1.69B
CCICrown Castle Inc37.89B
SBACSBA Communications Corp20.00B
GDSGDS Holdings Limited ADR4.36B
PLDPrologis Inc125.15B
VNETVNET Group Inc ADR923.95M
APLDApplied Digital Corp5.35B

Insider trading

latest 14 of 100
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Pletcher KurtChief Legal OfficerNov 06 '26Sale1014.18198200,8083,879Nov 09 06:44 PM
KURT E PLETCHEROfficerNov 06 '26Proposed Sale1014.18198200,808Nov 06 04:24 PM
Paladin Michael ShaneChief Customer & Rev OfficerSep 04 '26Sale1035.01307317,7482,450Sep 08 04:42 PM
SHANE PALADINOfficerSep 04 '26Proposed Sale1035.01307317,748Sep 04 04:19 PM
Paladin Michael ShaneChief Customer & Rev OfficerSep 01 '26Option Exercise0.0051002,960Sep 03 04:54 PM
Paladin Michael ShaneChief Customer & Rev OfficerSep 02 '26Sale1015.71203206,1902,757Sep 03 04:54 PM
Miller SimonFormer AffiliateSep 02 '26Proposed Sale995.32566563,349Sep 02 05:27 PM
Michael Shane PaladinOfficerSep 02 '26Proposed Sale1027.59203208,601Sep 02 04:30 PM
Pletcher KurtChief Legal OfficerAug 20 '26Sale1075.50135145,1924,077Aug 20 05:18 PM
KURT E PLETCHEROfficerAug 20 '26Proposed Sale1075.50135145,192Aug 20 04:49 PM
PAISLEY CHRISTOPHER BDirectorAug 18 '26Sale1103.58125137,94813,734Aug 18 06:52 PM
PAISLEY CHRISTOPHER BDirectorAug 18 '26Proposed Sale1103.58125137,948Aug 18 12:14 PM
PAISLEY CHRISTOPHER BDirectorAug 03 '26Sale1019.284,0004,077,12013,859Aug 03 07:00 PM
MORANDI BRANDI GALVINChief People OfficerJun 08 '26Sale1076.363,7264,010,5176,132Jun 08 07:45 PM

Held by

AUM
TickerCompanyAUM
VNQVanguard Real Estate Index Fund ETFAUM: 38.99B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VUGVanguard Morningstar Growth ETFAUM: 217.67B
XLREState Street Real Estate Select Sector SPDR ETFAUM: 8.46B
SCHHSchwab U.S. REIT ETFAUM: 11.94B
JEPIJPMorgan Equity Premium Income ETFAUM: 46.80B
DFARDFA Real Estate Securities Portfolio ETF Class Shares-

News

latest 14 of 103
  • This data center stock remains a Top Pick, Deutsche Bank says (Investing.com)
  • Data Centers Will Prevail Despite All the Opposition. How to Play It With Options. (Barrons.com)
  • Equinix Issues 2.5 Billion in Green Bonds to Advance Sustainability Initiatives (PR Newswire)
  • Founders Bootcamp: Boards, Banking and Risk Management, 6th Palm Beach CorpGov Forum (CorpGov.com)
  • BMO Highlights Data Center Stocks as Development Risks Rise (Investing.com)
  • Loading…
  • Georgia is the 'underappreciated risk' for data center backlash (Yahoo Finance)
  • Equinix Opens SG6 in Singapore, Expanding AI-Ready Capacity in One of Asia-Pacific's Most Connected Markets (PR Newswire)
  • These AI Data Center Stocks Are Rising, Bucking the Post-Election Slump (Barrons.com) -5.38%
  • Equinix gains as record bookings bolster AI data centre growth outlook (Investing.com)
  • Bernstein names stocks to buy as data centre political risks appear overstated (Investing.com)
  • Equinix Raises Outlook Again as Data Center Bookings Hit Record (CRE Daily)
  • Evercore reiterates Outperform on Digital Realty and Equinix ahead of earnings (Blockspace)
  • Equinix Tops AFFO Estimates And Raises Guidance A Third Time As Record Bookings And Pricing Power Offset A One-Time Fee Boost And Rising Leverage (Earnings Whispers)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-284.9304.1084.9302,5712,56322
2026Q22026-07-294.8304.7274.8322,6252,59021
2026Q12026-04-294.2004.3054.2042,4442,51522
2025Q42026-02-112.6903.7102.6942,4202,45819
2025Q32025-10-293.8103.5943.8102,3162,32619
2025Q22025-07-303.7503.4803.7532,2562,25820
2025Q12025-04-303.5002.9673.5042,2252,22419
2024Q42025-02-12-0.1402.674-0.1452,2612,27219
2024Q32024-10-303.1002.9403.1022,2012,20320
2024Q22024-08-073.1602.6573.1632,1592,15820
2024Q12024-05-082.4302.6502.4282,1272,13917
2023Q42024-02-142.4002.1652.4042,1102,11417
2023Q32023-10-252.9302.1532.9292,0612,05718
2023Q22023-08-022.2102.0572.2062,0182,01618
2023Q12023-05-032.7702.1992.7731,9981,97515
2022Q42023-02-151.3901.7291.3881,8711,86516

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY5.9906.1005.9935,5625,561
2020FY4.1805.1404.1835,9995,996
2021FY5.5305.5425.5336,6366,627
2022FY7.6707.9597.6707,2637,258
2023FY10.31010.01810.3098,1888,190
2024FY8.50011.3718.5058,7488,758
2025FY13.76014.75613.7609,2179,250
2026FY-18.118--10,338
2027FY-19.731--11,507
2028FY-21.609--12,895
2029FY-23.787--14,614
2030FY-26.315--16,114

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-30262302,6962,6092,719
2026Q4S2026-10-29262202,6922,6092,719
2026Q4S2026-10-2826302,6392,6042,684
2026Q4S2026-10-2726302,6392,6042,684
2026Q4S2026-10-2326312,6392,6042,684
2026Q4S2026-10-1926212,6372,6042,672
2026Q4S2026-10-1524212,6372,6042,672
2026Q4S2026-10-1324212,6362,6042,672
2026Q4S2026-10-0624412,6362,6042,672
2026Q4S2026-10-0524512,6362,6002,672
2026Q4S2026-09-2924412,6352,6002,672
2026Q4S2026-09-0924422,6352,6002,672
2026Q4S2026-09-0424422,6342,6002,660
2026Q4S2026-08-1724522,6342,6002,660

Estimate history

EPS, annual3.0054.5565.9934.1835.5337.6710.3098.50513.75816.6546
Period201720182019202020212022202320242025TTM
EPS, quarterly3.102-0.1453.5043.7533.812.6944.2044.8324.926
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual4375.2285071.6545562.6096001.2076638.2157264.6578188.1368748921710060
Period201720182019202020212022202320242025TTM
Sales, quarterly220122612225225623162420244426252571
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual79.03880.72285.30889.13490.57192.62194.47997.28798.22698.988
Period201720182019202020212022202320242025MRQ
Shares, quarterly96.48897.28797.81997.86598.18798.22698.62398.67198.988
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue10,060.009,217.008,748.008,188.147,264.666,638.226,001.215,562.615,071.65
Total Expenses8,525.008,935.007,813.008,013.387,121.366,579.956,036.855,273.894,848.96
Operating Income1,535.00282.00935.00174.76143.3058.27-35.65288.72222.69
Unusual Expense158.00118.00330.0013.9623.33137.89209.0493.4085.79
Net Income Before Taxes1,843.001,508.00975.001,124.23829.37608.95516.23692.60433.04
Income Taxes198.00160.00161.00155.25124.79109.22146.15185.3567.68
Consolidated Net Income1,648.001,348.00814.00968.98704.58499.73370.07507.25365.36
Net Income From Continuing Operations1,648.001,350.00815.00969.18704.35500.19369.78507.45365.36
Net Income1,648.001,350.00815.00969.18704.35500.19369.78507.45365.36
EPS (Recurring)17.7114.6010.9210.417.856.605.846.765.30
EPS (Basic, Before Extraordinaries)16.7213.798.5410.357.695.574.226.034.58
EPS (Diluted)16.6513.768.5010.317.675.534.185.994.56
Non-Operating Income (Expense)186.00425.00-54.00104.42-154.97-170.71143.3162.93-73.16
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense455.06393.42364.98321.95319.15265.56227.04172.67142.77
Price To Earnings Ratio63.0563.0584.9786.6485.68152.68169.6997.2877.40
Price To Sales Ratio9.988.1610.339.258.2811.5210.528.895.57
Gross Margin37.2429.3426.6642.4442.5241.8843.0443.6142.36
Operating Margin15.263.0610.692.131.970.88-0.595.194.39
Net Margin16.3814.659.3211.849.707.546.169.127.20
Shares Outstanding98.9998.2397.2994.4892.6290.5789.1385.3180.72
Market Capitalization103,937.71103,937.7190,977.7675,612.7560,615.2376,160.4563,634.6549,777.3528,342.30

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue2,571.002,625.002,444.002,420.002,316.002,256.002,225.002,261.00
Total Expenses1,960.001,997.002,238.002,330.002,336.002,263.002,151.001,873.00
Operating Income611.00628.00206.0090.00-20.00-7.0074.00388.00
Unusual Expense32.0025.0016.0085.0012.005.0016.00317.00
Net Income Before Taxes537.00523.00471.00312.00399.00405.00392.00-241.00
Income Taxes48.0046.0056.0048.0025.0038.0049.0014.00
Consolidated Net Income489.00477.00415.00264.00374.00367.00367.00-14.00
Net Income From Continuing Operations489.00479.00415.00265.00374.00368.00343.00-14.00
Net Income489.00479.00415.00265.00374.00368.00343.00-14.00
EPS (Recurring)5.155.014.323.303.903.793.622.15
EPS (Basic, Before Extraordinaries)4.954.864.222.703.823.763.52-0.14
EPS (Diluted)4.934.834.202.693.813.753.50-0.14
Non-Operating Income (Expense)85.00-12.0034.0049.0046.00207.00124.00-173.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense111.39114.55128.00101.12102.70127.0089.2790.06
Price To Earnings Ratio63.0572.0971.2470.1576.6782.6595.3884.97
Price To Sales Ratio9.9810.5410.268.188.498.729.0210.44
Gross Margin44.5445.1029.8728.3921.8530.6745.7525.74
Operating Margin23.7723.928.433.72-0.86-0.313.3317.16
Net Margin19.0218.2516.9810.9516.1516.3115.42-0.62
Shares Outstanding98.9998.6798.6298.2398.1997.8697.8297.29
Market Capitalization103,937.71102,804.8896,313.3875,226.2676,651.0077,812.0879,359.6590,977.76

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments3,522.003,904.002,140.212,013.851,665.981,629.441,912.45683.761,471.88
Short Term Receivables1,367.001,278.001,251.281,087.49869.16846.68848.31740.98695.07
Investments385.00553.00213.12298.9960.8312.4842.2321.4524.62
Investment in Unconsolidated Affiliates551.00519.00468.23348.14245.05163.0759.740.000.00
Net Property, Plant & Equipment24,976.0020,668.0020,049.7218,077.4816,728.1915,978.1413,627.9611,026.029,394.60
Deferred Tax Assets100.0048.0062.2444.6359.8266.4235.8158.3066.03
Other Intangible Assets9,240.008,115.008,465.928,440.158,289.688,310.597,439.127,714.127,039.25
Total Assets40,141.0035,085.0032,650.7230,310.7427,918.7027,006.8423,965.6220,244.6418,691.46
Total Debt22,726.0018,961.0017,455.1116,469.5514,992.5313,923.3413,287.3211,332.5010,080.42
Long Term Debt21,087.0017,424.0016,179.4316,168.7514,667.5713,398.9712,345.6510,880.529,937.22
Provision for Risks Charges228.00109.00112.56118.17117.56113.77102.4296.6698.54
Deferred Tax Liabilities367.00339.00394.08383.36340.29290.37247.18247.85252.29
Other Liabilities2,642.002,124.002,175.471,833.831,586.572,045.251,488.321,348.351,410.42
Total Liabilities25,963.0021,533.0020,137.2218,804.9117,036.9316,372.7215,125.2313,025.3611,841.67
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity14,156.0013,528.0012,488.8911,505.9710,882.0810,633.998,840.617,219.286,849.79
Total Shareholders Equity14,156.0013,528.0012,488.8911,505.9710,882.0810,633.998,840.617,219.286,849.79
Accumulated Minority Interest22.0024.0024.61-0.13-0.320.13-0.220.000.00
Total Equity14,178.0013,552.0012,513.5011,505.8310,881.7610,634.128,840.387,219.286,849.79
Total Liabilities & Stockholders Equity40,141.0035,085.0032,650.7230,310.7427,918.7027,006.8423,965.6220,244.6418,691.46
Book Value Per Share144.12139.05132.19124.23120.15119.30103.6389.4386.66
Tangible Book Value Per Share69.8067.9153.4242.6939.4733.5522.930.610.67
Full-Time Employees13,71613,60613,15112,09710,94410,0138,3787,9037,273
Price to Book Ratio-75.056.706.365.437.045.995.633.945.42
Return on Assets3.592.413.082.421.821.452.301.881.49
Return on Equity9.756.278.086.294.653.806.325.194.15
Return on Invested Capital3.832.633.382.551.961.542.402.021.39
Quick Ratio1.321.631.131.801.841.291.331.001.81
Current Ratio1.321.631.131.801.841.291.331.001.81

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations4,500.004,012.003,589.003,291.922,936.712,679.942,277.662,086.051,859.44
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-329.00-101.00-340.00-75.3226.48-132.7332.17-93.32-44.02
Income Taxes Payable-31.00-78.00-9.004.11-7.83-16.60-22.6432.49-10.67
Cash from Operating Activities4,171.003,911.003,249.003,216.592,963.182,547.212,309.831,992.731,815.43
Capital Expenditures-5,828.00-4,311.00-3,066.00-2,781.02-2,278.00-2,751.51-2,282.50-2,079.52-2,096.17
Net Assets From Acquisitions-69.00-251.000.000.00-964.01-158.50-1,180.27-34.14-829.69
Sale of Fixed Assets and Businesses416.004.00251.00101.94249.91208.590.000.000.00
Purchase or Sale of Investments-2,214.00-2,026.00-1,201.00-520.28-370.85-305.31-298.59-189.68-161.82
Purchase of Investments-3,850.00-3,090.00-1,216.00-520.28-392.92-309.37-327.94-230.06-247.60
Sale Or Maturity of Investments1,636.001,064.0015.000.0022.074.0629.3540.3985.78
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources110.00104.0083.000.000.000.00334.40358.7712.15
Cash from Investing Activities-7,585.00-6,480.00-3,933.00-3,199.36-3,362.95-3,006.74-3,426.97-1,944.57-3,075.53
Cash Dividends Paid-2,008.00-1,856.00-1,643.00-1,374.17-1,151.46-1,042.91-947.93-836.16-738.60
Change in Capital Stock90.00194.001,764.00820.50877.56575.502,043.491,712.99438.31
Repurchase of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Sale of Common Pref Stock90.00194.001,764.00820.50877.56575.502,043.491,712.99438.31
Proceedsfrom Stock Options0.0099.001,673.00733.65796.02497.871,981.381,660.98388.17
Issuance or Reduction of Debt, Net5,585.002,930.001,598.00740.121,130.66980.36-168.33391.90791.03
Change in Long Term Debt5,585.002,956.001,598.00746.251,041.761,697.37-236.20-199.71-138.81
Issuance of Long Term Debt7,144.004,311.002,745.00895.161,175.963,853.56708.550.00412.43
Reduction of Long Term Debt-1,559.00-1,355.00-1,147.00-148.91-134.20-2,156.19-944.75-199.71-551.25
Net Financing Active Other Cash Flow16.000.000.000.000.000.000.00-66.65-19.83
Other Financing Activities Uses---0.000.00-99.19-111.70-66.65-20.56
Cash from Financing Activities3,657.001,268.001,719.00186.45856.77413.76815.531,202.08470.91
Exchange Rate Effect-10.0043.00-49.00-15.62-98.20-30.4740.708.77-33.91
Net Change in Cash233.00-1,258.00986.00188.06358.79-76.24-260.921,259.01-823.10
Free Cash Flow-1,657.00-400.00183.00435.58685.18-204.3127.32-86.79-280.75
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments3,598.002,225.003,113.003,522.003,222.004,537.00
Short Term Receivables1,203.001,256.001,108.001,367.001,144.001,137.00
Investments563.00380.00351.00385.00373.00624.00
Investment in Unconsolidated Affiliates1,550.00751.00693.00551.00601.00618.00
Net Property, Plant & Equipment27,599.0026,518.0025,514.0024,976.0023,336.0022,688.00
Deferred Tax Assets---100.00--
Other Intangible Assets9,932.009,946.0010,119.009,240.009,384.009,245.00
Total Assets44,445.0041,076.0040,898.0040,141.0038,060.0038,849.00
Total Debt26,411.0023,356.0023,336.0022,726.0020,982.0021,851.00
Long Term Debt24,403.0021,845.0021,110.0021,087.0019,950.0019,569.00
Provision for Risks Charges0.000.000.00228.000.000.00
Deferred Tax Liabilities---367.00--
Other Liabilities3,481.003,322.003,242.002,642.002,898.002,891.00
Total Liabilities29,892.0026,678.0026,578.0025,963.0023,880.0024,742.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity-1,385.0014,382.0014,298.0014,156.0014,157.0014,084.00
Total Shareholders Equity-1,385.0014,382.0014,298.0014,156.0014,157.0014,084.00
Accumulated Minority Interest16.0016.0022.0022.0023.0023.00
Total Equity-1,369.0014,398.0014,320.0014,178.0014,180.0014,107.00
Total Liabilities & Stockholders Equity44,445.0041,076.0040,898.0040,141.0038,060.0038,849.00
Book Value Per Share-13.99145.76144.98144.12144.18143.91
Tangible Book Value Per Share-84.9173.6472.0869.8070.0868.59
Full-Time Employees---13,716--
Price to Book Ratio-75.057.196.805.315.445.60
Return on Assets3.993.843.693.592.912.77
Return on Equity25.8110.7710.099.757.727.54
Return on Invested Capital2.121.321.170.751.101.09
Quick Ratio1.291.131.181.321.621.54
Current Ratio1.291.131.181.321.621.54

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations1,183.001,233.001,066.001,018.001,038.001,021.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital60.00-166.00-349.00126.00-24.00-77.00
Income Taxes Payable-20.00-17.00-7.0013.00-46.00-43.00
Cash from Operating Activities1,243.001,067.00717.001,144.001,014.00944.00
Capital Expenditures-1,558.00-1,578.00-1,256.00-1,436.00-1,136.00-989.00
Net Assets From Acquisitions0.000.000.00-69.000.00-182.00
Sale of Fixed Assets and Businesses67.0090.00258.001.003.000.00
Purchase or Sale of Investments-810.00268.00-458.00-1,214.00-279.00-287.00
Purchase of Investments-1,082.00-224.00-1,053.00-1,491.00-612.00-737.00
Sale Or Maturity of Investments272.00492.00595.00277.00333.00450.00
Other Uses0.003.00-3.000.000.000.00
Other Sources0.00101.000.009.0045.0018.00
Cash from Investing Activities-2,301.00-1,116.00-1,459.00-2,709.00-1,367.00-1,440.00
Cash Dividends Paid-518.00-510.00-519.00-461.00-467.00-460.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock41.000.0049.000.0045.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock41.000.0049.000.0045.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net2,936.00171.00777.001,701.00-724.001,645.00
Change in Long Term Debt2,936.00171.00777.001,701.00-724.001,645.00
Issuance of Long Term Debt2,980.00927.001,492.001,745.00515.001,684.00
Reduction of Long Term Debt-44.00-756.00-715.00-44.00-1,239.00-39.00
Net Financing Active Other Cash Flow-20.00-16.0042.0010.00-16.006.00
Cash from Financing Activities2,439.00-355.00349.001,224.00-1,162.001,191.00
Exchange Rate Effect1.00-5.00-6.000.00-10.0033.00
Net Change in Cash1,382.00-409.00-399.00-341.00-1,525.00728.00
Free Cash Flow-315.00-511.00-539.00-292.00-122.00-45.00

Revenue breakdown

Co-Location2024: 6.06B 2025: 6.48B
Interconnection2024: 1.52B 2025: 1.66B
Managed Infrastructure2024: 467.00M 2025: 466.00M
Non-Recurring Revenues2024: 564.00M 2025: 478.00M
Other2024: 140.00M 2025: 143.00M
Americas2024: 3.86B 2025: 4.11B
Asia Pacific2024: 1.92B 2025: 1.98B
EMEA2024: 2.97B 2025: 3.13B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.80%1.8M98.7M552.27K
2026-10-151.65%1.6M98.4M538.30K
2026-09-301.60%1.6M98.4M553.93K
2026-09-151.72%1.7M98.4M596.62K
2026-08-311.67%1.6M98.4M595.21K
2026-08-141.68%1.7M98.4M602.86K
2026-07-311.94%1.9M98.4M586.84K
2026-07-151.91%1.9M98.3M589.64K
2026-06-301.80%1.8M98.3M577.59K
2026-06-151.93%1.9M98.1M555.17K
2026-05-291.98%1.9M98.3M577.51K
2026-05-151.93%1.9M98.2M598.88K
2026-04-301.85%1.8M98.2M649.40K
2026-04-151.85%1.8M98.2M640.00K
2026-03-312.23%2.2M97.7M655.31K
2026-03-131.97%1.9M97.7M632.89K
2026-02-271.96%1.9M97.7M627.29K
2026-02-132.69%2.6M97.7M600.19K
2026-01-302.53%2.5M97.8M557.41K
2026-01-152.33%2.3M97.8M549.90K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call520540549479.72.57012.000.000.981-1.0290.078
call530530539507.92.5083.000.000.980-1.0270.079
call5405205290.002.4380.000.000.980-1.0240.081
call5505105190.002.3890.000.000.979-1.0210.083
call5605005090.002.3210.000.000.979-1.0180.084
call5704904990.002.2640.000.000.978-1.0150.086
call580480489442.22.6861.000.000.978-1.0130.088
call5904704794482.6221.000.000.977-1.0100.090
call600459.84690.002.1080.000.000.977-1.0060.092
call6104504590.002.0630.000.000.976-1.0020.094
call620439.84494192.0101.000.000.975-0.9990.096
call630429.84393921.9582.000.000.975-0.9950.098
call640419.84293821.9071.000.000.974-0.9910.100
call6504104190.001.8560.000.000.973-0.9870.102
call660399.84090.001.8070.000.000.973-0.9830.104
call670389.83993541.7582.000.000.972-0.9790.106
call680379.8389407.91.7091.000.000.971-0.9750.109
call6903703793981.6611.000.000.971-0.9700.111
call7003603693241.6141.000.000.970-0.9650.114
call7103503593141.5681.000.000.969-0.9600.116
call720340349280.61.5222.000.000.968-0.9550.119
call7303303393021.4762.000.000.967-0.9500.122
call740319.83292921.4311.000.000.966-0.9450.125
call750309.83192761.3871.000.000.965-0.9390.128
call760300.13090.001.3430.000.000.964-0.9330.131
call770290.12990.001.2600.000.000.963-0.9270.135
call7802802892481.2561.000.000.962-0.9210.138
call790270.22790.001.2130.000.000.961-0.9140.142
call800260.22690.001.1710.000.000.959-0.9080.146
call8102502590.001.1290.000.000.958-0.9010.150
call820240.2249.62131.0881.000.000.957-0.8930.154
call830230.2239.50.001.0470.000.000.955-0.8850.158
call840220.1229.60.001.0060.000.000.953-0.8770.163
call850210219.6191.70.9652.000.000.952-0.8690.168
call860200209.70.000.9250.000.000.950-0.8600.173
call870190.1199.70.000.8850.000.000.948-0.8510.179
call880180.3189.8117.70.8451.000.000.945-0.8410.185
call890170.4180173.80.8051.000.000.942-0.8480.194
call900160.8169.90.000.7660.000.000.939-0.8370.201
call910150.4160138.20.7631.000.000.935-0.8420.212
call9201411500.000.7260.000.000.929-0.8630.227
call930130.8140162.330.6861.000.000.896-1.2420.303
call940121.1130.646.300.6451.000.000.891-1.2160.314
call950111.3120.91150.60529.000.000.879-1.2630.339
call9601021110.000.5950.000.000.871-1.2430.354
call97092.00101.861.500.55313.000.000.858-1.2580.377
call98083.0092.6091.280.53752.000.000.837-1.3450.414
call99074.0083.0050.100.5179.000.000.825-1.3030.433
call1,00065.0074.3034.700.4941310.000.801-1.3520.469
call1,01056.8066.0064.970.46774.000.000.778-1.3480.500
call1,02048.5056.7040.100.45684.000.000.741-1.4380.545
call1,03041.1049.0033.600.43868.000.000.703-1.4730.583
call1,04035.4041.5029.980.43172.000.000.653-1.5710.621
call1,05029.6036.0022.400.49497.000.000.609-1.6710.647
call1,06023.3030.0017.900.4721000.000.559-1.6500.665
call1,07018.5024.0026.030.40979.000.000.497-1.6500.671
call1,08013.9020.0014.720.4001230.000.441-1.5880.664
call1,09010.3016.0013.200.39857.000.000.387-1.5280.645
call1,1007.7014.0011.700.4021880.000.338-1.4730.616
call1,1105.6011.003.500.41734.000.000.293-1.3450.579
call1,1203.2010.002.940.4241990.000.257-1.3470.542
call1,1301.109.403.200.4461130.000.222-1.2340.502
call1,1400.407.603.500.4481470.000.187-1.1160.453
call1,1500.309.001.500.4851180.000.176-1.1660.437
call1,1600.054.902.380.45259.000.000.132-0.9040.361
call1,1700.053.301.870.4341410.000.099-0.7080.294
call1,1800.003.802.900.4636.000.000.093-0.7210.281
call1,1900.003.400.550.4861.000.000.089-0.7350.273
call1,2000.004.900.650.5151300.000.085-0.7510.264
call1,2100.003.208.600.5383.000.000.080-0.7490.252
call1,2200.004.901.960.56548.000.000.077-0.7630.244
call1,2300.004.802.470.5916.000.000.074-0.7760.237
call1,2400.004.601.450.6267.000.000.071-0.7910.229
call1,2500.004.401.350.6518.000.000.069-0.8030.223
call1,2600.004.302.200.6731.000.000.067-0.8120.219
call1,2700.003.200.900.6974.000.000.065-0.8230.214
call1,2800.004.200.000.7240.000.000.063-0.8330.209
call1,2900.003.400.000.7450.000.000.062-0.8430.205
call1,3000.004.109.300.7691.000.000.060-0.8520.201
call1,3100.004.100.000.7870.000.000.059-0.8590.198
call1,3200.003.401.860.8154.000.000.057-0.8690.193
call1,3300.004.105.200.8374.000.000.056-0.8780.190
call1,3400.004.107.600.8601.000.000.055-0.8860.187
call1,3500.004.100.000.8770.000.000.054-0.8920.185
call1,3600.004.100.000.9030.000.000.053-0.9010.181
call1,3700.004.100.000.9250.000.000.052-0.9080.178
call1,3800.004.100.000.9410.000.000.051-0.9140.176
call1,3900.003.200.000.9680.000.000.050-0.9220.173
call1,4000.003.200.000.9870.000.000.049-0.9290.171
call1,4100.003.400.001.0080.000.000.048-0.9350.168
call1,4200.004.100.001.0280.000.000.047-0.9420.166
call1,4300.004.100.001.0430.000.000.047-0.9470.165
call1,4400.004.100.001.0670.000.000.046-0.9540.162
call1,4500.004.100.001.0870.000.000.045-0.9600.160
call1,4600.003.200.001.1060.000.000.045-0.9650.158
call1,4700.004.100.001.1250.000.000.044-0.9710.157
call1,4800.004.100.001.1570.000.000.043-0.9780.154
call1,4900.004.100.001.1660.000.000.043-0.9820.153
call1,5000.004.100.001.1760.000.000.042-0.9860.152
call1,5100.004.100.001.1990.000.000.042-0.9920.150
call1,5200.004.100.001.2180.000.000.041-0.9970.149
call1,5300.004.100.001.2360.000.000.041-1.0020.147
call1,5400.004.100.001.2550.000.000.040-1.0070.146
call1,5500.004.100.001.2840.000.000.040-1.0130.143
put5200.004.100.002.4170.000.00-0.019-1.0290.078
put5300.004.000.002.3530.000.00-0.019-1.0240.079
put5400.004.100.002.3030.000.00-0.020-1.0210.081
put5500.004.100.002.2480.000.00-0.020-1.0170.082
put5600.004.100.002.1940.000.00-0.021-1.0130.084
put5700.004.100.002.1400.000.00-0.021-1.0090.086
put5800.004.100.002.0880.000.00-0.022-1.0050.088
put5900.004.200.002.0360.000.00-0.022-1.0010.090
put6000.004.200.001.9860.000.00-0.023-0.9960.091
put6100.004.200.001.9360.000.00-0.023-0.9920.093
put6200.004.200.001.8860.000.00-0.024-0.9870.095
put6300.004.200.001.8380.000.00-0.025-0.9820.097
put6400.004.300.001.7940.000.00-0.025-0.9780.099
put6500.004.300.001.7430.000.00-0.026-0.9720.102
put6600.004.300.001.6970.000.00-0.027-0.9670.104
put6700.004.400.001.6550.000.00-0.027-0.9630.106
put6800.004.400.001.6060.000.00-0.028-0.9560.109
put6900.004.401.001.5611.000.00-0.029-0.9510.111
put7000.004.501.501.5172.000.00-0.030-0.9450.114
put7100.003.202.001.4671.000.00-0.031-0.9370.117
put7200.004.600.001.4300.000.00-0.031-0.9330.119
put7300.004.707.901.3921.000.00-0.032-0.9280.122
put7400.004.700.001.3460.000.00-0.033-0.9200.125
put7500.004.802.311.3081.000.00-0.034-0.9140.128
put7600.004.900.001.2630.000.00-0.035-0.9060.131
put7700.004.901.251.21910.000.00-0.036-0.8980.135
put7800.004.900.001.1810.000.00-0.037-0.8920.138
put7900.004.900.001.1390.000.00-0.039-0.8840.142
put8000.004.900.501.1024.000.00-0.040-0.8760.145
put8100.004.904.001.0622070.00-0.041-0.8680.149
put8200.004.901.701.0234.000.00-0.043-0.8600.153
put8300.004.902.000.98920.000.00-0.044-0.8530.157
put8400.004.901.900.81913.000.00-0.042-0.6360.153
put8500.004.900.500.9051240.00-0.048-0.8310.168
put8600.004.903.720.74821.000.00-0.045-0.6210.163
put8700.004.901.970.7139.000.00-0.047-0.6120.169
put8800.003.201.370.7952380.00-0.054-0.8010.184
put8900.003.301.250.7581910.00-0.058-0.8060.194
put9000.153.301.500.72644.000.00-0.060-0.7960.201
put9100.053.403.000.69323.000.00-0.064-0.8000.211
put9200.103.604.080.6651140.00-0.070-0.8190.226
put9300.156.303.160.72845.000.00-0.103-1.1990.302
put9400.056.303.140.68636.000.00-0.108-1.1720.313
put9500.206.902.800.6631390.00-0.120-1.2190.337
put9600.207.003.800.6242670.00-0.128-1.1990.352
put9700.257.504.600.59499.000.00-0.142-1.2400.380
put9800.609.605.500.58345.000.00-0.165-1.3480.419
put9901.908.807.290.53218.000.00-0.175-1.2490.433
put1,0005.0010.0011.550.5121,8090.00-0.199-1.2980.469
put1,0105.7010.7014.600.4851370.00-0.228-1.4030.510
put1,0208.0013.2014.600.47126.000.00-0.259-1.3810.545
put1,03010.0016.3020.500.46174.000.00-0.301-1.5290.587
put1,04014.3020.2073.400.4518.000.00-0.344-1.5780.620
put1,05016.7023.9065.000.45673.000.00-0.395-1.5390.648
put1,06021.0028.0027.700.4659.000.00-0.449-1.5760.666
put1,07026.0034.0074.700.4722.000.00-0.503-1.5880.671
put1,08031.6040.000.000.4640.000.00-0.558-1.5240.664
put1,09037.9046.000.000.4680.000.00-0.612-1.4630.645
put1,10044.9053.000.000.4090.000.00-0.655-1.4000.621
put1,11052.5061.300.000.4850.000.00-0.705-1.3430.580
put1,12061.1069.300.000.5150.000.00-0.743-1.2790.542
put1,13069.2078.2096.020.5332.000.00-0.769-1.2640.511
put1,14078.3087.20105.470.5622.000.00-0.803-1.1490.466
put1,15087.5097.0098.100.5862.000.00-0.818-1.1650.445
put1,16097.00106125.70.6231.000.00-0.863-0.8830.368
put1,170106.6116135.40.6521.000.00-0.900-0.6480.294
put1,180116.4125.20.000.6730.000.00-0.907-0.6490.279
put1,190126.2135154.50.7102.000.00-0.911-0.6640.269
put1,200136.11451700.7421.000.00-0.915-0.6790.260
put1,210145.91551800.7751.000.00-0.920-0.6750.248
put1,220155.91651900.7831.000.00-0.923-0.6880.241
put1,230165.81750.000.8350.000.00-0.926-0.6990.235
put1,240175.81850.000.8370.000.00-0.929-0.7100.228
put1,250185.6194.42210.8944.000.00-0.931-0.7210.223
put1,260195.72052310.9241.000.00-0.933-0.7310.218
put1,270205.5214.62410.9542.000.00-0.935-0.7400.213
put1,280215.62250.000.9830.000.00-0.937-0.7490.208
put1,290225.5235262.80.9951.000.00-0.938-0.7570.204
put1,300235.62450.000.9970.000.00-0.940-0.7650.200
put1,310245.52552821.0701.000.00-0.941-0.7730.196
put1,320255.62650.001.0780.000.00-0.943-0.7810.193
put1,330265.5274.90.001.1040.000.00-0.944-0.7880.189
put1,340275.5284.20.001.1310.000.00-0.945-0.7950.186
put1,350285.52952861.1570.000.00-0.946-0.8010.183
put1,360295.5305344.41.1820.000.00-0.947-0.8080.180
put1,370305.53150.001.2080.000.00-0.948-0.8140.178
put1,380315.53250.001.2330.000.00-0.949-0.8200.175
put1,390325.5334.60.001.2640.000.00-0.950-0.8250.172
put1,400335.5345384.41.2820.000.00-0.951-0.8310.170
put1,410345.53550.001.3060.000.00-0.952-0.8360.168
put1,420355.4364.9408.81.3300.000.00-0.952-0.8410.166
put1,430365.4374.60.001.3530.000.00-0.953-0.8460.164
put1,440375.4384.90.001.3770.000.00-0.954-0.8510.162
put1,450385.43950.001.4000.000.00-0.954-0.8560.160
put1,460395.4404.6449.41.4220.000.00-0.955-0.8600.158
put1,470405.4414.60.001.4060.000.00-0.956-0.8650.156
put1,480415.4424.60.001.4670.000.00-0.956-0.8690.154
put1,490425.4434.6467.31.5031.000.00-0.957-0.8730.153
put1,500435.44450.001.5110.000.00-0.957-0.8780.151
put1,510445.4454.60.001.5320.000.00-0.958-0.8810.150
put1,520455.4464.60.001.5540.000.00-0.958-0.8850.148
put1,530465.3474.80.001.5750.000.00-0.959-0.8890.147
put1,540475.3484.40.001.5960.000.00-0.959-0.8930.145
put1,550485.3494.30.001.6170.000.00-0.960-0.8960.144

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-108-A12BSEC
2026-11-098-KCurrent report2026-11-09SEC
2026-11-094Statement of changes in beneficial ownership of securities2026-11-06SEC
2026-11-06144Filing for proposed sale of securities under Rule 144.SEC
2026-11-04424B2SEC
2026-11-03FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-11-03424B5SEC
2026-10-28S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-10-28S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-10-2810-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-288-KCurrent report2026-10-28SEC
2026-09-084Statement of changes in beneficial ownership of securities2026-09-04SEC
2026-09-04144Filing for proposed sale of securities under Rule 144.SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-02144Filing for proposed sale of securities under Rule 144.SEC
2026-09-02144Filing for proposed sale of securities under Rule 144.SEC
2026-08-20144Filing for proposed sale of securities under Rule 144.SEC
2026-08-204Statement of changes in beneficial ownership of securities2026-08-20SEC
2026-08-18144Filing for proposed sale of securities under Rule 144.SEC
2026-08-184Statement of changes in beneficial ownership of securities2026-08-18SEC
2026-08-068-KCurrent report2026-08-06SEC
2026-08-034Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-07-31424B2SEC
2026-07-31FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-07-30424B5SEC
2026-07-298-KCurrent report2026-07-27SEC
2026-07-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-298-KCurrent report2026-07-29SEC
2026-07-148-KCurrent report2026-07-08SEC
2026-06-08144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100200.81K1
2026-100000
2026-0900523.94K2
2026-08004.36M3
2026-070000
2026-06007.52M5
2026-05008.01M3
2026-0400432.48K1
2026-03009.39M15
2026-020015.32M11
2026-01008.75M8
2025-12002.83M5
2025-11004.08M3

Institutional holders

Manager% owned
BlackRock, Inc.11.60%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC6.19%
STATE STREET CORP6.11%
FMR LLC3.09%
GEODE CAPITAL MANAGEMENT, LLC2.64%
COHEN & STEERS, INC.2.22%
PRINCIPAL FINANCIAL GROUP INC1.82%
JPMORGAN CHASE & CO1.78%
NORTHERN TRUST CORP1.57%

Funds

Fund% owned
Navigator Tactical Fixed Income Fund50.77%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND43.31%
PIMCO Total Return Fund38.68%
VANGUARD TOTAL BOND MARKET INDEX FUND28.85%
JPMorgan Managed Income Fund25.27%
VANGUARD TOTAL BOND MARKET II INDEX FUND24.36%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND23.79%
Baird Ultra Short Bond Fund23.33%
JPMorgan Ultra-Short Income ETF23.08%
MFS Total Return Bond Fund21.69%

OakChart. EQIX. Cached 15 minutes.