Equinix (EQIX) Return on Invested Capital [ROIC] (2009 - 2026)
Equinix (EQIX) reported Return on Invested Capital [ROIC] of 5.67% for Q3 2026, up 1.26 percentage points from 4.41% a year earlier and up 0.03 percentage points from the prior quarter.
Equinix (EQIX) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Equinix posted Return on Invested Capital [ROIC] of 5.46%, up 1.33 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +1.46 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 4.13% in FY2024 (-0.93 pp), 5.06% in FY2023 (+0.58 pp), 4.48% in FY2022 (+0.13 pp) and 4.35% in FY2021 (+0.35 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q1 2016.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last four quarters, with an average year-over-year change of +0.24 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2026 (a gain of 1.40 percentage points); the low point was Q4 2024 (a drop of 1.05 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 5.65% (Q2 2026), 5.31% (Q1 2026) and 5.24% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,959.78 Bn | 3,895.27 Bn | 62.56 Bn | 26.51% |
| 2 | International Business Machines | 231.09 Bn | 186.37 Bn | 9.71 Bn | 11.50% |
| 3 | Cloudflare | 109.27 Bn | 91.71 Bn | 557.23 Mn | -17.58% |
| 4 | Equinix | 103.94 Bn | 91.83 Bn | 1.31 Bn | 5.67% |
| 5 | Nebius | 33.90 Bn | 7.34 Bn | 448.70 Mn | -3.32% |
| 6 | Verisign | 27.94 Bn | 25.29 Bn | 393.20 Mn | - |
| 7 | CoreWeave | 26.85 Bn | 26.85 Bn | - | - |
| 8 | Nutanix | 16.04 Bn | 7.73 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.84 Bn | 9.22 Bn | 843.00 Mn | 28.21% |
| 10 | Yinfu Gold | 12.17 Bn | 12.17 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.67% |
| Jun 30, 2026 | 5.64% |
| Mar 31, 2026 | 5.26% |
| Dec 31, 2025 | 5.13% |
| Sep 30, 2025 | 4.32% |
| Jun 30, 2025 | 4.15% |
| Mar 31, 2025 | 4.14% |
| Dec 31, 2024 | 3.85% |
| Sep 30, 2024 | 4.80% |
| Jun 30, 2024 | 5.05% |
| Mar 31, 2024 | 4.72% |
| Dec 31, 2023 | 4.86% |
| Sep 30, 2023 | 4.64% |
| Jun 30, 2023 | 4.38% |
| Mar 31, 2023 | 4.56% |
| Dec 31, 2022 | 4.25% |
| Sep 30, 2022 | 4.24% |
| Jun 30, 2022 | 4.00% |
| Mar 31, 2022 | 3.91% |
| Dec 31, 2021 | 4.07% |
Equinix Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=EQIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();