Equinix (EQIX) FCF Margin (2009 - 2026)
Equinix's quarterly FCF Margin came in at 24.3% in Q1 2026, down 1129.0% year-on-year from 2.36% in Q1 2025, and up 8.72% quarter-over-quarter from 22.36% in Q4 2025.
Equinix has reported FCF Margin for 18 years, with the latest figure at 24.3% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 1129.0% year-over-year to 24.3%; the trailing twelve-month figure through Mar 2026 stood at 28.82% (down 1429.0% YoY), and the FY2025 full-year result was 31.65%, down 164.0% from the prior year.
- FCF Margin for Q1 2026 stood at 24.3%, up from 22.36% in the prior quarter.
- The five-year high for FCF Margin was 101.99% in Q3 2025, with the low at 77.2% in Q4 2023.
- Average FCF Margin over 5 years is 26.58%, with a median of 29.5% recorded in 2022.
- Year-over-year, FCF Margin plunged 10671 bps in 2023 and jumped 11838 bps in 2024.
- Tracing EQIX's FCF Margin over 5 years: stood at 29.5% in 2022, then plunged by 362 bps to 77.2% in 2023, then soared by 153 bps to 41.18% in 2024, then tumbled by 46 bps to 22.36% in 2025, then gained by 9 bps to 24.3% in 2026.
- The last three FCF Margin figures came in at 24.3% (Q1 2026), 22.36% (Q4 2025), and 101.99% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 24.30% |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 34.74% |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | -20.65% |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 44.75% |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 1.89% |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 29.38% |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 1.68% |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 34.95% |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 37.80% |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 16.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.30% |
| Dec 31, 2025 | 22.36% |
| Sep 30, 2025 | 101.99% |
| Jun 30, 2025 | -34.49% |
| Mar 31, 2025 | 35.60% |
| Dec 31, 2024 | 41.18% |
| Sep 30, 2024 | 27.08% |
| Jun 30, 2024 | 69.20% |
| Mar 31, 2024 | -5.12% |
| Dec 31, 2023 | -77.20% |
| Sep 30, 2023 | 87.34% |
| Jun 30, 2023 | -19.17% |
| Mar 31, 2023 | 29.30% |
| Dec 31, 2022 | 29.50% |
| Sep 30, 2022 | 44.21% |
| Jun 30, 2022 | 42.45% |
| Mar 31, 2022 | 33.33% |
| Dec 31, 2021 | 51.87% |
| Sep 30, 2021 | 103.02% |
| Jun 30, 2021 | -5.61% |
| Mar 31, 2021 | -10.80% |
| Dec 31, 2020 | 39.03% |
| Sep 30, 2020 | 84.92% |
| Jun 30, 2020 | 6.31% |
| Mar 31, 2020 | 8.02% |
| Dec 31, 2019 | 29.98% |
| Sep 30, 2019 | 34.52% |
| Jun 30, 2019 | 36.19% |
| Mar 31, 2019 | 30.47% |
| Dec 31, 2018 | 17.02% |
| Sep 30, 2018 | 89.62% |
| Jun 30, 2018 | 1.47% |
| Mar 31, 2018 | 20.23% |
| Dec 31, 2017 | -68.23% |
| Sep 30, 2017 | 82.56% |
| Jun 30, 2017 | -3.95% |
| Mar 31, 2017 | -3.15% |
| Dec 31, 2016 | -19,137.29% |
| Sep 30, 2016 | 6.07% |
| Jun 30, 2016 | -16.98% |
| Mar 31, 2016 | 104.77% |
| Dec 31, 2015 | 3,633.38% |
| Sep 30, 2015 | -0.24% |
| Jun 30, 2015 | -1.33% |
| Mar 31, 2015 | 12.86% |
| Dec 31, 2014 | -69.13% |
| Sep 30, 2014 | 75.01% |
| Jun 30, 2014 | -24.78% |
| Mar 31, 2014 | 26.71% |
| Dec 31, 2013 | -58.68% |
| Sep 30, 2013 | 37.87% |
| Jun 30, 2013 | 41.57% |
| Mar 31, 2013 | 1.65% |
| Dec 31, 2012 | -1.33% |
| Sep 30, 2012 | -21.57% |
| Jun 30, 2012 | -109.95% |
| Mar 31, 2012 | -1,259.50% |
| Dec 31, 2011 | -0.61% |
| Sep 30, 2011 | 2.53% |
| Jun 30, 2011 | -52.85% |
| Mar 31, 2011 | 28.32% |
| Dec 31, 2010 | 2.36% |
| Sep 30, 2010 | -9.29% |
| Jun 30, 2010 | -31.00% |
| Mar 31, 2010 | -17.53% |
| Dec 31, 2009 | -7.93% |
| Sep 30, 2009 | 8.50% |