EQIX vs CORZ Stock Comparison

Equinix and Core Scientific Prices as of Oct 26, 2026 Peers: Industry group
EQIX Equinix Inc
$967.65 -4.0% 1M +15.3% 1Y
Market cap
$98.60B
P/E
64.3x
Revenue (TTM)
$9.81B
Div. yield
–
Data Centers Technology
6 wins

Head to Head

8 decided of 12

Equinix leads on 6 of the 12 questions below (Equinix 6, Core Scientific 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEQIXCORZLeader
Larger companyMarket capitalisation $98.60B $4.65B EQIX
Cheaper on earningsLower P/E, profitable companies only 64.3x -3.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 54.9x — –
Faster revenue growthRevenue growth, trailing twelve months +9.6% +26.4% CORZ
More profitableNet margin, trailing twelve months 15.6% -324.9% EQIX
Better return on capitalReturn on invested capital 5.6% -42.7% EQIX
Less leveragedLower net debt / EBITDA 4.0x -5.1x CORZ
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +15.3% -30.1% EQIX
Better 5-year returnAnnualised price return, 5 years +3.2%/yr — –
Less volatileAnnualised volatility, 1 year 25.8% 72.4% EQIX
Higher overall scoreMean of the five percentile scores vs peers 56/100 29/100 EQIX

Percentile Scorecard

EQIXCORZ

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEQIXCORZ
Valuation 35 #25 of 38 24 #29 of 38
Growth 37 #23 of 36 49 #19 of 36
Profitability 82 #7 of 34 24 #26 of 34
Financial Health 49 #20 of 38 19 #31 of 38
Shareholder Returns 75 #6 of 21 –
Overall 56 29
  • EQIX ranked among 39 companies in Cloud Computing
  • CORZ ranked among 39 companies in Cloud Computing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEQIXCORZSPY
1 month -4.0%-22.1% -0.8%
3 months -7.6%-34.9% +3.5%
6 months -11.2%-36.0% +7.0%
Year to date +26.3%-7.2% +12.2%
1 year +15.3%-30.1% +13.0%
3 years +36.2%— +86.3%
3 years, per year +10.9%— +23.1%
5 years +17.3%— +68.6%
5 years, per year +3.2%— +11.0%
10 years +163.0%— +258.0%
10 years, per year +10.2%— +13.6%

Risk

MeasureEQIXCORZSPY
Volatility, 1Y 25.8%72.4% 12.7%
Downside volatility, 1Y 23.1%74.5% 12.7%
Beta vs S&P 500, 1Y 0.552.98 1.00
Return / volatility, 1Y 0.59-0.42 1.02
Max drawdown, 5Y -40.4%-64.9% -25.4%
From 52-week high -13.3%-53.7% -1.8%
52-week high $1,115.94$29.16 $779.14
52-week low $726.09$13.10 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEQIXCORZ
P/E now vs peer median 62.3xmedian 29.6x -3.1xmedian 29.6x
P/S now vs peer median 9.7xmedian 4.2x 9.8xmedian 4.2x
EV/EBITDA now vs peer median 26.1xmedian 24.2x -13.9xmedian 24.2x
P/FCF now vs peer median -37.0xmedian 15.1x -3.6xmedian 15.1x
P/B now vs peer median 6.6xmedian 3.9x -1.8xmedian 3.9x
PEG now vs peer median 2.88median 0.38 0.13median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEQIXCORZ
Revenue $9.81B $440.31M
Gross profit $5.05B $124.81M
Operating income $2.14B -$561.16M
Net income $1.53B -$1.43B
Free cash flow -$2.58B -$1.19B
EPS (diluted) $15.46 $-4.40
Cash & equivalents $979.00M $1.77B
Total debt $19.70B $4.30B
Shares (diluted) 99.14M 325.33M
Enterprise value $87.17B $1.11B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEQIXCORZ
P/E 62.3x -3.1x
P/FCF -37.0x -3.6x
P/Operating cash flow 24.2x 8.3x
P/S 9.7x 9.8x
P/B 6.6x -1.8x
P/Tangible book 7.2x -1.6x
EV/EBITDA 26.1x -13.9x
EV/EBIT 52.8x -12.2x
EV/Revenue 11.5x 15.5x
EV/FCF -43.7x -5.8x
EV/Operating cash flow 28.7x 13.2x
PEG (3Y EPS CAGR) 2.88 0.13

Growth

14 metrics
MetricEQIXCORZ
Revenue growth (1Y) 9.6% 26.4%
Revenue CAGR (3Y) 7.2% -6.1%
Gross profit growth (1Y) 12.7% 599.4%
Gross profit CAGR (3Y) 8.2% 189.9%
Operating income growth (1Y) 44.5% -211.9%
Operating income CAGR (3Y) 17.1% 18.1%
Net income growth (1Y) 54.2% -29.2%
Net income CAGR (3Y) 23.8% -17.6%
EPS growth (1Y) 52.5% -26.3%
EPS CAGR (3Y) 21.6% -23.4%
Operating cash flow growth (1Y) 12.9% 6,037%
Operating cash flow CAGR (3Y) 9.4% 72.2%
Free cash flow growth (1Y) -860.2% -363.6%
Free cash flow CAGR (3Y) -142.7% -197.2%

Profitability

14 metrics
MetricEQIXCORZ
Gross margin 51.5% 28.3%
EBITDA margin 44.1% -112.3%
Operating margin 21.8% -127.4%
Pretax margin 17.4% -324.3%
Net margin 15.6% -324.9%
FCF margin -26.3% -270.3%
Operating cash flow margin 40.2% 118.2%
Return on equity 10.7% –
Return on assets 3.7% -34.4%
Return on invested capital 5.6% -42.7%
Return on capital employed 5.8% -39.4%
Asset turnover 0.2x 0.1x
Cash conversion (OCF / net income) 2.6x -0.4x
Stock comp / revenue 5.4% 21.3%

Financial Health

11 metrics
MetricEQIXCORZ
Debt / assets 48.0% 81.7%
Debt / equity 1.4x -1.8x
Net debt / EBITDA 4.0x -5.1x
Debt / FCF -7.6x -3.6x
Liabilities / assets 65.0% 146.0%
Equity / assets 35.0% -46.0%
Interest coverage 3.8x –
Current ratio 1.1x 0.9x
Quick ratio 0.9x 0.6x
Cash ratio 0.6x 0.6x
Altman Z-score 2.81 -1.50

Shareholder Returns

7 metrics
MetricEQIXCORZ
Dividend yield 2.1% –
Net buyback yield -0.1% –
Shareholder yield 2.0% –
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEQIXCORZ
Forward P/E 54.9xFY2026 –
EPS, next fiscal year $17.61FY2026 $-4.59FY2026
EPS growth, next FY +28.0%FY2026 –
EPS growth, the year after +10.8% –
Revenue, next fiscal year $10.81BFY2026 $646.98MFY2026
Revenue growth, next FY +17.3%FY2026 +102.8%FY2026
Revenue growth, the year after -0.7% +85.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEQIXCORZ
Held by institutions 97.5% 100.0%
Institutions holding 1,356 412
Change in shares held, QoQ +3.3% +1.4%
Institutions buying 727 234
Institutions selling 420 127
Buyers to sellers 1.73 1.84

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EQIXCORZ
EQIX 1.00 0.35
CORZ 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EQIX and CORZ?

Equinix (EQIX) is the largest by market capitalisation: Equinix (EQIX) $98.60B, Core Scientific (CORZ) $4.65B.

Which company is growing faster?

Core Scientific (CORZ) grew revenue fastest over the trailing twelve months: Equinix (EQIX) +9.6%, Core Scientific (CORZ) +26.4%.

Which company is more profitable?

Equinix (EQIX) has the highest net margin (Equinix (EQIX) 15.6%, Core Scientific (CORZ) -324.9%). On return on invested capital, Equinix (EQIX) leads (Equinix (EQIX) 5.6%, Core Scientific (CORZ) -42.7%).

Which stock has performed better?

Over the past year Equinix (EQIX) returned the most: Equinix (EQIX) +15.3%, Core Scientific (CORZ) -30.1%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Equinix (EQIX) has been the steadiest (Equinix (EQIX) 25.8%, Core Scientific (CORZ) 72.4%). Volatility measures how widely the price swings, not the risk of the business.

Do EQIX and CORZ move together?

Their daily returns over the past year have a correlation of 0.35, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, EQIX and CORZ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Equinix (EQIX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.