Equinix (EQIX) Interest Coverage Ratio (2009 - 2026)
Equinix's (EQIX) quarterly Interest Coverage Ratio came in at 3.9 in Q1 2026, up 3.85% year-on-year from 3.75 in Q1 2025, and up 31.19% quarter-over-quarter from 2.97 in Q4 2025.
Equinix (EQIX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Equinix's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 3.9 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 3.85% year-over-year to 3.9 in Q1 2026; TTM through Mar 2026 was 3.66, a 22.13% increase from a year earlier, with the FY2025 full-year figure at 3.51, up 20.67% from the prior year.
- Interest Coverage Ratio rose to 3.9 in Q1 2026 per EQIX's latest filing, from 2.97 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 4.11 in Q4 2022 and bottomed at 0.23 in Q3 2025.
- The 5-year median for Interest Coverage Ratio is 3.5 (2024), against an average of 2.94.
- Biggest YoY gain for Interest Coverage Ratio was 263.54% in 2025; the steepest drop was 94.09% in 2025.
- Year by year, Interest Coverage Ratio stood at 4.11 in 2022, then fell by 2.02% to 4.02 in 2023, then slumped by 79.68% to 0.82 in 2024, then soared by 263.54% to 2.97 in 2025, then surged by 31.19% to 3.9 in 2026.
- Per Business Quant, the three latest EQIX Interest Coverage Ratio figures stand at 3.9 (Q1 2026), 2.97 (Q4 2025), and 0.23 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | 3.90 |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 1.56 |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | 1.83 |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 1.16 |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 1.92 |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 2.21 |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 3.74 |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 1.23 |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 0.39 |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | -1.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.90 |
| Dec 31, 2025 | 2.97 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.23 |
| 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 | 4.02 |
| Sep 30, 2023 | 3.74 |
| Jun 30, 2023 | 2.59 |
| Mar 31, 2023 | 3.15 |
| Dec 31, 2022 | 4.11 |
| Sep 30, 2022 | 3.65 |
| Jun 30, 2022 | 3.12 |
| Mar 31, 2022 | 2.68 |
| Dec 31, 2021 | 6.37 |
| Sep 30, 2021 | 3.53 |
| Jun 30, 2021 | 2.28 |