Equinix (EQIX) FCF Payout Ratio (2015 - 2026)
Equinix (EQIX) posted FCF Payout Ratio of 1.0 for Q2 2026, down 3.65% on a QoQ basis from 0.96 in Q1 2026, and up 90.24% year-over-year from 0.52 in Q2 2025.
Equinix (EQIX) FCF Payout Ratio (2015 - 2026) Analysis & Trends
Equinix has reported FCF Payout Ratio for 12 years, with the latest figure at 1.0 in Q2 2026.
- On a quarterly basis, FCF Payout Ratio rose 90.24% year-over-year to 1.0 in Q2 2026; TTM through Jun 2026 was 1.34, a 103.2% decrease from a year earlier, with the FY2025 full-year figure at 4.64, down 151.68% from the prior year.
- FCF Payout Ratio was 1.0 for Q2 2026 at Equinix, down from 0.96 in the prior quarter.
- The five-year high for FCF Payout Ratio was 134.33 in Q4 2023, with the low at 68.83 in Q4 2024.
- Average FCF Payout Ratio over 5 years is 4.01, with a median of 0.99 recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: FCF Payout Ratio jumped 3266.59% in 2023, then sank 766.34% in 2025.
- Over 5 years, FCF Payout Ratio stood at 4.24 in 2022, then surged by 3266.59% to 134.33 in 2023, then tumbled by 151.24% to 68.83 in 2024, then soared by 97.71% to 1.58 in 2025, then soared by 36.78% to 1.0 in 2026.
- The last three FCF Payout Ratio figures came in at 1.0 (Q2 2026), 0.96 (Q1 2026), and 1.58 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.32 Bn | 102.12 Bn | 1.40 Bn | - |
| 2 | Terawulf | 8.71 Bn | 5.94 Bn | 32.37 Mn | - |
| 3 | Applied Digital | 8.12 Bn | 6.10 Bn | 97.29 Mn | - |
| 4 | Cipher Digital | 7.83 Bn | 3.83 Bn | 9.79 Mn | - |
| 5 | GDS Holdings | 7.07 Bn | 5.01 Bn | 97.89 Mn | - |
| 6 | Core Scientific | 5.87 Bn | 3.93 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.95 Bn | 1.06 Bn | 74.45 Mn | - |
| 8 | Sify Technologies | 1.53 Bn | 1.53 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 771.39 Mn | 711.02 Mn | 18.88 Mn | - |
| 10 | Vulcan Infrastructure & Power | 455.54 Mn | 452.34 Mn | -1.25 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.00 |
| Mar 31, 2026 | -0.96 |
| Dec 31, 2025 | -1.58 |
| Sep 30, 2025 | -3.83 |
| Jun 30, 2025 | -10.22 |
| Mar 31, 2025 | 7.93 |
| Dec 31, 2024 | -68.83 |
| Sep 30, 2024 | 12.15 |
| Jun 30, 2024 | 1.53 |
| Mar 31, 2024 | -3.78 |
| Dec 31, 2023 | 134.33 |
| Sep 30, 2023 | 1.93 |
| Jun 30, 2023 | 3.12 |
| Mar 31, 2023 | 2.01 |
| Dec 31, 2022 | -4.24 |
| Sep 30, 2022 | 1.09 |
| Jun 30, 2022 | 0.89 |
| Mar 31, 2022 | 1.72 |
| Dec 31, 2021 | 3.47 |
| Sep 30, 2021 | -19.39 |
Equinix FCF Payout Ratio 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=fcf-payout-ratio&ticker=EQIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();