EQIX vs STX vs CORZ Stock Comparison

Equinix, Seagate Technology Holdings and Core Scientific Prices as of Oct 23, 2026 Peers: Industry group
EQIX Equinix Inc
$955.03 -8.0% 1M +14.8% 1Y
Market cap
$95.45B
P/E
62.3x
Revenue (TTM)
$9.81B
Div. yield
–
Data Centers Technology
1 win

Head to Head

11 decided of 12

Seagate Technology Holdings leads on 9 of the 12 questions below (Seagate Technology Holdings 9, Core Scientific 1, Equinix 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEQIXSTXCORZLeader
Larger companyMarket capitalisation $95.45B $140.90B $4.39B STX
Cheaper on earningsLower P/E, profitable companies only 62.3x 44.3x -3.1x STX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 54.1x 16.5x — STX
Faster revenue growthRevenue growth, trailing twelve months +9.6% +34.1% +26.4% STX
More profitableNet margin, trailing twelve months 15.6% 26.1% -324.9% STX
Better return on capitalReturn on invested capital 5.6% 66.1% -42.7% STX
Less leveragedLower net debt / EBITDA 4.0x 0.4x -5.1x CORZ
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +14.8% +178.5% -27.5% STX
Better 5-year returnAnnualised price return, 5 years +3.1%/yr +48.6%/yr — STX
Less volatileAnnualised volatility, 1 year 25.8% 75.9% 72.5% EQIX
Higher overall scoreMean of the five percentile scores vs peers 55/100 63/100 30/100 STX

Percentile Scorecard

EQIXSTXCORZ

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

AxisEQIXSTXCORZ
Valuation 35 #25 of 38 25 #84 of 112 27 #28 of 38
Growth 34 #24 of 36 98 #3 of 109 46 #20 of 36
Profitability 82 #7 of 34 98 #3 of 105 24 #26 of 34
Financial Health 46 #21 of 38 36 #75 of 117 22 #30 of 38
Shareholder Returns 76 #6 of 22 56 #37 of 82 –
Overall 55 63 30
  • EQIX ranked among 39 companies in Cloud Computing
  • STX ranked among 122 companies in Computer Hardware
  • 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

PeriodEQIXSTXCORZSPY
1 month -8.0%-31.8%-27.6% -1.0%
3 months -11.9%-26.0%-42.4% +2.9%
6 months -13.9%+7.5%-37.3% +6.4%
Year to date +24.7%+128.9%-10.0% +11.4%
1 year +14.8%+178.5%-27.5% +13.1%
3 years +35.6%+825.8%— +79.4%
3 years, per year +10.7%+110.1%— +21.5%
5 years +16.3%+622.8%— +67.7%
5 years, per year +3.1%+48.6%— +10.9%
10 years +158.2%+1,727.5%— +255.2%
10 years, per year +10.0%+33.7%— +13.5%

Risk

MeasureEQIXSTXCORZSPY
Volatility, 1Y 25.8%75.9%72.5% 12.7%
Downside volatility, 1Y 23.1%75.9%74.5% 12.7%
Beta vs S&P 500, 1Y 0.552.493.00 1.00
Return / volatility, 1Y 0.572.35-0.38 1.03
Max drawdown, 5Y -40.4%-58.2%-64.9% -25.4%
From 52-week high -14.4%-42.4%-55.1% -2.5%
52-week high $1,115.94$1,094.04$29.16 $779.14
52-week low $726.09$223.00$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.

MultipleEQIXSTXCORZ
P/E now vs peer median 61.5xmedian 29.1x 43.4xmedian 31.3x -3.0xmedian 29.1x
P/S now vs peer median 9.6xmedian 4.5x 11.7xmedian 2.6x 9.5xmedian 4.5x
EV/EBITDA now vs peer median 25.8xmedian 21.5x 33.1xmedian 19.6x -13.6xmedian 21.5x
P/FCF now vs peer median -36.5xmedian 17.3x 46.1xmedian 28.3x -3.5xmedian 17.3x
P/B now vs peer median 6.6xmedian 3.9x 66.0xmedian 2.9x -1.7xmedian 3.9x
PEG now vs peer median 2.85median 0.33 0.46median 1.15 0.13median 0.33

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 monthsEQIXSTXCORZ
Revenue $9.81B $12.20B $440.31M
Gross profit $5.05B $5.56B $124.81M
Operating income $2.14B $4.09B -$561.16M
Net income $1.53B $3.18B -$1.43B
Free cash flow -$2.58B $3.10B -$1.19B
R&D – $755.00M –
EPS (diluted) $15.46 $13.90 $-4.40
Cash & equivalents $979.00M $1.70B $1.77B
Total debt $74.04B $3.57B $4.30B
Shares (diluted) 99.14M 229.00M 325.33M
Enterprise value $84.02B $135.89B $848.98M

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
MetricEQIXSTXCORZ
P/E 61.5x 43.4x -3.0x
P/FCF -36.5x 46.1x -3.5x
P/Operating cash flow 23.9x 38.9x 8.0x
P/S 9.6x 11.7x 9.5x
P/B 6.6x 66.0x -1.7x
P/Tangible book 7.2x 66.0x -1.6x
EV/EBITDA 25.8x 33.1x -13.6x
EV/EBIT 52.2x 35.4x -12.0x
EV/Revenue 11.4x 11.9x 15.3x
EV/FCF -43.2x 46.7x -5.6x
EV/Operating cash flow 28.3x 39.4x 12.9x
PEG (3Y EPS CAGR) 2.85 0.46 0.13

Growth

14 metrics
MetricEQIXSTXCORZ
Revenue growth (1Y) 9.6% 34.1% 26.4%
Revenue CAGR (3Y) 7.2% 18.2% -6.1%
Gross profit growth (1Y) 12.7% 73.7% 599.4%
Gross profit CAGR (3Y) 8.2% 60.2% 189.9%
Operating income growth (1Y) 44.5% 116.6% -211.9%
Operating income CAGR (3Y) 17.1% 140.8% 18.1%
Net income growth (1Y) 54.2% 116.7% -29.2%
Net income CAGR (3Y) 23.8% 100.2% -17.6%
EPS growth (1Y) 52.5% 105.4% -26.3%
EPS CAGR (3Y) 21.6% 95.2% -23.4%
Operating cash flow growth (1Y) 12.9% 239.2% 6,037%
Operating cash flow CAGR (3Y) 9.4% 57.4% 72.2%
Free cash flow growth (1Y) -860.2% 279.3% -363.6%
Free cash flow CAGR (3Y) -142.7% 70.6% -197.2%

Profitability

14 metrics
MetricEQIXSTXCORZ
Gross margin 51.5% 45.6% 28.3%
EBITDA margin 44.1% 35.8% -112.3%
Operating margin 21.8% 33.6% -127.4%
Pretax margin 17.4% 30.3% -324.3%
Net margin 15.6% 26.1% -324.9%
FCF margin -26.3% 25.4% -270.3%
Operating cash flow margin 40.2% 30.1% 118.2%
Return on equity 10.7% 195.2% –
Return on assets 3.7% 33.8% -34.4%
Return on invested capital 5.6% 66.1% -42.7%
Return on capital employed 5.8% 64.9% -39.4%
Asset turnover 0.2x 1.3x 0.1x
Cash conversion (OCF / net income) 2.6x 1.2x -0.4x
Stock comp / revenue 5.4% 1.7% 21.3%

Financial Health

11 metrics
MetricEQIXSTXCORZ
Debt / assets 48.0% 35.8% 81.7%
Debt / equity 1.4x 1.6x -1.8x
Net debt / EBITDA 4.0x 0.4x -5.1x
Debt / FCF -7.6x 1.1x -3.6x
Liabilities / assets 65.0% 78.3% 146.0%
Equity / assets 35.0% 21.7% -46.0%
Interest coverage 3.8x 14.4x –
Current ratio 1.1x 1.7x 0.9x
Quick ratio 0.9x 1.1x 0.6x
Cash ratio 0.6x 0.5x 0.6x
Altman Z-score 2.78 12.99 -1.51

Shareholder Returns

7 metrics
MetricEQIXSTXCORZ
Dividend yield 2.1% 0.5% –
Net buyback yield -0.1% 0.1% –
Shareholder yield 2.0% 0.6% –
Payout ratio (earnings) – 19.9% –
Payout ratio (FCF) – 20.4% –
Dividend growth (1Y) – 5.7% –
Dividend CAGR (3Y) – 2.9% –

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.

ConsensusEQIXSTXCORZ
Forward P/E 54.1xFY2026 16.5xFY2027 –
EPS, next fiscal year $17.65FY2026 $38.12FY2027 $-4.58FY2026
EPS growth, next FY +28.3%FY2026 +144.7%FY2027 –
EPS growth, the year after +10.9% +63.5% –
Revenue, next fiscal year $10.81BFY2026 $19.47BFY2027 $646.93MFY2026
Revenue growth, next FY +17.3%FY2026 +59.6%FY2027 +102.8%FY2026
Revenue growth, the year after -0.6% +29.8% +87.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEQIXSTXCORZ
Held by institutions 97.5% 83.8% 100.0%
Institutions holding 1,356 1,955 412
Change in shares held, QoQ +3.3% +1.4% +1.4%
Institutions buying 727 1,207 234
Institutions selling 420 590 127
Buyers to sellers 1.73 2.05 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.

EQIXSTXCORZ
EQIX 1.00 0.26 0.34
STX 0.26 1.00 0.45
CORZ 0.34 0.45 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EQIX, STX and CORZ?

Seagate Technology Holdings (STX) is the largest by market capitalisation: Equinix (EQIX) $95.45B, Seagate Technology Holdings (STX) $140.90B, Core Scientific (CORZ) $4.39B.

Which stock is cheaper, EQIX, STX and CORZ?

Seagate Technology Holdings (STX) trades on the lowest price-to-earnings ratio (Equinix (EQIX) 62.3x, Seagate Technology Holdings (STX) 44.3x, Core Scientific (CORZ) -3.1x). On next year's consensus earnings, Seagate Technology Holdings (STX) is cheapest (Equinix (EQIX) 54.1x, Seagate Technology Holdings (STX) 16.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Seagate Technology Holdings (STX) grew revenue fastest over the trailing twelve months: Equinix (EQIX) +9.6%, Seagate Technology Holdings (STX) +34.1%, Core Scientific (CORZ) +26.4%.

Which company is more profitable?

Seagate Technology Holdings (STX) has the highest net margin (Equinix (EQIX) 15.6%, Seagate Technology Holdings (STX) 26.1%, Core Scientific (CORZ) -324.9%). On return on invested capital, Seagate Technology Holdings (STX) leads (Equinix (EQIX) 5.6%, Seagate Technology Holdings (STX) 66.1%, Core Scientific (CORZ) -42.7%).

Which stock has performed better?

Over the past year Seagate Technology Holdings (STX) returned the most: Equinix (EQIX) +14.8%, Seagate Technology Holdings (STX) +178.5%, Core Scientific (CORZ) -27.5%. Over five years, Seagate Technology Holdings (STX) compounded fastest (Equinix (EQIX) +3.1%/yr, Seagate Technology Holdings (STX) +48.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Equinix (EQIX) 0.00%, Seagate Technology Holdings (STX) 0.00%, Core Scientific (CORZ) 0.00%. Equinix (EQIX) and Core Scientific (CORZ) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Equinix (EQIX) has been the steadiest (Equinix (EQIX) 25.8%, Seagate Technology Holdings (STX) 75.9%, Core Scientific (CORZ) 72.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EQIX, STX 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, Seagate Technology Holdings (STX) leads on 9. 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.