Equinix (EQIX) Interest Coverage Ratio (2009 - 2026)
Equinix (EQIX) posted Interest Coverage Ratio of 4.4 for Q2 2026, up 12.96% on a QoQ basis from 3.9 in Q1 2026, and up 20.35% year-over-year from 3.66 in Q2 2025.
Analysis
Equinix (EQIX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Equinix has reported Interest Coverage Ratio for 18 years, with the latest figure at 4.4 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 20.35% year-over-year to 4.4 in Q2 2026; TTM through Jun 2026 was 3.76, a 26.94% increase from a year earlier, with the FY2025 full-year figure at 3.51, up 20.67% from the prior year.
- Interest Coverage Ratio was 4.4 for Q2 2026 at Equinix, up from 3.9 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 4.4 in Q2 2026, with the low at 0.82 in Q4 2024.
- Average Interest Coverage Ratio over 5 years is 3.41, with a median of 3.57 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio tumbled 75.67% in 2024, then jumped 263.54% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 3.0 in 2022, then increased by 11.94% to 3.36 in 2023, then plunged by 75.67% to 0.82 in 2024, then jumped by 263.54% to 2.97 in 2025, then soared by 48.19% to 4.4 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.4 (Q2 2026), 3.9 (Q1 2026), and 2.97 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn | 4.40 |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn | -2.49 |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn | -11.74 |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn | -1.18 |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn | 1.20 |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn | 1.12 |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn | 1.09 |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn | -2.02 |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | - |
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 |