Equinix (EQIX) EV to FCF (2013 - 2025)
Equinix (EQIX) posted EV to FCF of 196.98 for Q2 2026, down 13.37% on a QoQ basis from 173.74 in Q1 2026, and up 87.91% year-over-year from 104.82 in Q2 2025.
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Analysis
Equinix (EQIX) EV to FCF (2013 - 2025) Analysis & Trends
Equinix has reported EV to FCF for 18 years, with the latest figure at 196.98 in Q2 2026.
- On a quarterly basis, EV to FCF rose 87.91% year-over-year to 196.98 in Q2 2026; TTM through Jun 2026 was 68.75, a 103.94% decrease from a year earlier, with the FY2025 full-year figure at 180.14, down 137.4% from the prior year.
- EV to FCF was 196.98 for Q2 2026 at Equinix, down from 173.74 in the prior quarter.
- The five-year high for EV to FCF was 24673.81 in Q4 2023, with the low at 14691.32 in Q4 2024.
- Average EV to FCF over 5 years is 654.45, with a median of 185.16 recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: EV to FCF jumped 2951.69% in 2023, then sank 715.84% in 2025.
- Over 5 years, EV to FCF stood at 865.23 in 2022, then surged by 2951.69% to 24673.81 in 2023, then slumped by 159.54% to 14691.32 in 2024, then jumped by 98.32% to 246.76 in 2025, then climbed by 20.18% to 196.98 in 2026.
- The last three EV to FCF figures came in at 196.98 (Q2 2026), 173.74 (Q1 2026), and 246.76 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 1,745.59 |
| Mar 31, 2025 | 216.76 |
| Dec 31, 2024 | 481.54 |
| Sep 30, 2024 | 429.26 |
| Jun 30, 2024 | 214.24 |
| Mar 31, 2024 | 465.46 |
| Dec 31, 2023 | 169.72 |
| Sep 30, 2023 | 180.30 |
| Jun 30, 2023 | 152.82 |
| Mar 31, 2023 | 95.50 |
| Dec 31, 2022 | 85.79 |
| Sep 30, 2022 | 60.58 |
| Jun 30, 2022 | 106.03 |
| Mar 31, 2022 | 481.23 |
| Dec 31, 2020 | 2,271.01 |
| Jun 30, 2018 | 324.98 |
| Mar 31, 2018 | 750.14 |
| Dec 31, 2017 | 568.20 |
| Dec 31, 2015 | 600.97 |
| Sep 30, 2015 | 425.89 |
API Access
Equinix EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=EQIX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "EQIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();