Equinix (EQIX) Interest Coverage Ratio (2009 - 2026)
Equinix's (EQIX) Interest Coverage Ratio stood at 3.68 in Q3 2026, down 0.6% from 3.70 a year earlier and down 16.4% 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 3.75 as of Sep 30, 2026, up 25.3% 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%).
- Quarterly Interest Coverage Ratio has ranged from 0.82 in Q4 2024 to 4.40 in Q2 2026 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in five of the last eight quarters, with growth averaging 26.6%.
- 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 4.40 (Q2 2026), 3.90 (Q1 2026) and 2.97 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 4,053.44 Bn | 3,988.94 Bn | 62.56 Bn | 52.78 |
| 2 | International Business Machines | 233.06 Bn | 187.67 Bn | 9.71 Bn | 5.53 |
| 3 | Cloudflare | 104.99 Bn | 87.43 Bn | 557.23 Mn | -19.16 |
| 4 | Equinix | 104.22 Bn | 92.12 Bn | 1.31 Bn | 3.68 |
| 5 | Nebius | 34.23 Bn | 7.66 Bn | 448.70 Mn | -1.48 |
| 6 | Verisign | 27.57 Bn | 24.92 Bn | 393.20 Mn | 13.99 |
| 7 | CoreWeave | 26.79 Bn | 13.88 Bn | 1.70 Bn | - |
| 8 | Nutanix | 15.96 Bn | 7.65 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.95 Bn | 9.33 Bn | 843.00 Mn | 9.62 |
| 10 | Akamai Technologies | 11.60 Bn | 5.00 Bn | 613.75 Mn | 8.84 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.68 |
| 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 |
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();