Equinix (EQIX) Interest Coverage Ratio (2009 - 2026)
Equinix's (EQIX) Interest Coverage Ratio stood at 4.40 in Q2 2026, up 20.4% from 3.66 a year earlier and up 13.0% from the prior quarter.
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Analysis
Equinix (EQIX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Equinix's Interest Coverage Ratio came in at 3.76 as of Jun 30, 2026, up 26.9% year-over-year; for FY2025, it came in at 3.51, up 20.7% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 2.91 in FY2024 (-19.0%), 3.59 in FY2023 (+6.5%), 3.37 in FY2022 (+2.2%) and 3.30 in FY2021 (+27.3%).
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio in data going back to Q2 2009.
- On a year-over-year basis, Interest Coverage Ratio has increased for four consecutive quarters, with growth averaging 26.4% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 263.5% in Q4 2025, against a decline of 75.7% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.90 (Q1 2026), 2.97 (Q4 2025) and 3.70 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 48.39 |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 5.38 |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | -66.59 |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 4.40 |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | -1.48 |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | - |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 15.43 |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 8.84 |
| 10 | DigitalOcean Holdings | 14.31 Bn | 12.31 Bn | 154.66 Mn | 3.94 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.40 |
| Mar 31, 2026 | 3.90 |
| Dec 31, 2025 | 2.97 |
| Sep 30, 2025 | 3.70 |
| Jun 30, 2025 | 3.66 |
| Mar 31, 2025 | 3.75 |
| Dec 31, 2024 | 0.82 |
| Sep 30, 2024 | 3.63 |
| Jun 30, 2024 | 3.96 |
| Mar 31, 2024 | 3.50 |
| Dec 31, 2023 | 3.36 |
| Sep 30, 2023 | 3.74 |
| Jun 30, 2023 | 3.32 |
| Mar 31, 2023 | 3.15 |
| Dec 31, 2022 | 3.00 |
| Sep 30, 2022 | 3.65 |
| Jun 30, 2022 | 3.50 |
| Mar 31, 2022 | 3.34 |
| Dec 31, 2021 | 3.11 |
| Sep 30, 2021 | 3.57 |
API Access
Equinix Interest Coverage 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=interest-coverage-ratio&ticker=EQIX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();