Question 1

What is Equinix's P/E ratio?

Accepted Answer

Equinix (EQIX) P/E ratio is 71.4× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Equinix?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Equinix specifically, the relevant sector benchmark is the current sector median of 28.1×.

Question 5

Is Equinix's P/E ratio high or low?

Accepted Answer

Equinix's P/E ratio of 71.4× is below its own 5-year average of 97.6× and above the sector median of 28.1×. That places the current reading at the 7th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Equinix's historical P/E ratio range?

Accepted Answer

In the available daily series, Equinix (EQIX) P/E ratio has ranged from a low of 15.0× in 2008 to a high of 4044.2× in 2007. The 5-year average is 97.6× and the 5-year median is 81.3×.

Question 7

What was Equinix's P/E ratio in 2025?

Accepted Answer

Equinix (EQIX) P/E ratio at the end of 2025 was 55.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Equinix's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$75.2B	$1.35B	55.7×	-56.3×	Dec 31, 2025
2024	$91.3B	$815M	112.0×	+33.7×	Dec 31, 2024
2023	$75.9B	$969M	78.3×	-7.8×	Dec 31, 2023
2022	$60.6B	$704M	86.1×	-66.5×	Dec 31, 2022
2021	$76.3B	$500M	152.6×	-19.5×	Dec 31, 2021
2020	$63.6B	$370M	172.1×	+74.0×	Dec 31, 2020
2019	$49.8B	$507M	98.1×	+20.4×	Dec 31, 2019
2018	$28.4B	$365M	77.7×	-75.1×	Dec 31, 2018
2017	$35.6B	$233M	152.8×	-48.4×	Dec 31, 2017
2016	$25.5B	$127M	201.2×	+104.0×	Dec 31, 2016
2015	$18.3B	$188M	97.3×	—	Dec 31, 2015
2014	$12.4B	-$260M	—	—	Dec 31, 2014
2013	$8.83B	$89M	99.2×	+29.9×	Dec 31, 2013
2012	$10B	$145M	69.4×	+18.5×	Dec 31, 2012
2011	$4.79B	$94M	50.9×	-49.9×	Dec 31, 2011
2010	$3.72B	$36.9M	100.8×	+41.5×	Dec 31, 2010
2009	$4.12B	$69.4M	59.3×	+44.3×	Dec 31, 2009
2008	$1.97B	$132M	15.0×	—	Dec 31, 2008
2007	$3.2B	-$5.19M	—	—	Dec 31, 2007
2006	$2.17B	-$6.4M	—	—	Dec 31, 2006
2005	$981M	-$42.6M	—	—	Dec 31, 2005
2004	$786M	-$68.6M	—	—	Dec 31, 2004
2003	$262M	-$84.2M	—	—	Dec 31, 2003
2002	$17.9M	-$21.6M	—	—	Dec 31, 2002


Digital Realty Trust (DLR)	45.1×
Weyerhaeuser (WY)	44.4×
Agree Realty (ADC)	41.1×
Mid-America Apartment Communities (MAA)	36.5×
Tanger (SKT)	31.0×
CBRE Group (CBRE)	30.4×
Prologis (PLD)	30.0×
Extra Space Storage (EXR)	29.3×
STAG Industrial (STAG)	28.2×
American Tower (AMT)	28.0×
Camden Property Trust (CPT)	26.4×
BXP (BXP)	26.0×
Invitation Homes (INVH)	25.8×
Public Storage (PSA)	25.0×
Kimco Realty (KIM)	24.5×
UDR (UDR)	22.5×
Regency Centers (REG)	22.1×
NNN REIT (NNN)	20.5×
AvalonBay Communities (AVB)	20.0×
SBA Communications (SBAC)	17.9×
Host Hotels & Resorts (HST)	13.1×
Simon Property Group (SPG)	12.9×
Arbor Realty Trust (ABR)	12.6×
VICI Properties (VICI)	9.4×
Apartment Investment and Management (AIV)	1.0×

P/E Ratio for Equinix (EQIX) 2008-2026

P/E Ratio daily chart for Equinix (EQIX)

Historical P/E Ratio for Equinix (EQIX) from 2002 to 2025

About P/E Ratio at Equinix (EQIX)

Equinix P/E Ratio by Year

Equinix P/E Ratio 2025: 55.7×

Equinix P/E Ratio 2024: 112.0×

Equinix P/E Ratio 2023: 78.3×

Equinix P/E Ratio 2022: 86.1×

Equinix P/E Ratio 2021: 152.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Equinix (EQIX) Key Financials