Company Quick10K Filing
Equinix
10-Q 2020-03-31 Filed 2020-05-07
10-K 2019-12-31 Filed 2020-02-21
10-Q 2019-09-30 Filed 2019-11-01
10-Q 2019-06-30 Filed 2019-08-02
10-Q 2019-03-31 Filed 2019-05-03
10-K 2018-12-31 Filed 2019-02-22
10-Q 2018-09-30 Filed 2018-11-02
10-Q 2018-06-30 Filed 2018-08-08
10-Q 2018-03-31 Filed 2018-05-04
10-K 2017-12-31 Filed 2018-02-26
10-Q 2017-09-30 Filed 2017-11-03
10-Q 2017-06-30 Filed 2017-08-04
10-Q 2017-03-31 Filed 2017-05-05
10-K 2016-12-31 Filed 2017-02-27
10-Q 2016-09-30 Filed 2016-11-04
10-Q 2016-06-30 Filed 2016-08-08
10-Q 2016-03-31 Filed 2016-05-09
10-K 2015-12-31 Filed 2016-02-26
10-Q 2015-09-30 Filed 2015-10-30
10-Q 2015-06-30 Filed 2015-07-31
10-Q 2015-03-31 Filed 2015-05-01
10-K 2014-12-31 Filed 2015-03-02
10-Q 2014-09-30 Filed 2014-11-07
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-02
10-K 2013-12-31 Filed 2014-02-28
10-Q 2013-09-30 Filed 2013-11-12
10-Q 2013-06-30 Filed 2013-07-26
10-Q 2013-03-31 Filed 2013-04-26
10-K 2012-12-31 Filed 2013-02-26
10-Q 2012-09-30 Filed 2012-11-06
10-Q 2012-06-30 Filed 2012-07-27
10-Q 2012-03-31 Filed 2012-04-27
10-K 2011-12-31 Filed 2012-02-24
10-Q 2011-09-30 Filed 2011-10-28
10-Q 2011-06-30 Filed 2011-07-29
10-Q 2011-03-31 Filed 2011-04-29
10-K 2010-12-31 Filed 2011-02-25
10-Q 2010-09-30 Filed 2010-10-29
10-Q 2010-06-30 Filed 2010-08-04
10-Q 2010-03-31 Filed 2010-04-28
10-K 2009-12-31 Filed 2010-02-22
8-K 2020-05-11 Enter Agreement, Exhibits
8-K 2020-05-06 Earnings, Exhibits
8-K 2020-04-18 Other Events
8-K 2020-04-15 Enter Agreement, Off-BS Arrangement
8-K 2020-03-05 Officers
8-K 2020-03-03 Regulation FD, Exhibits
8-K 2020-02-26 Officers
8-K 2020-02-21 Other Events, Exhibits
8-K 2020-02-12 Earnings, Exhibits
8-K 2020-01-14 Regulation FD, Exhibits
8-K 2020-01-05 Officers, Other Events, Exhibits
8-K 2019-11-06 Regulation FD, Exhibits
8-K 2019-11-06 Enter Agreement, Other Events, Exhibits
8-K 2019-10-30 Earnings, Exhibits
8-K 2019-10-08 Regulation FD, Other Events
8-K 2019-10-07 Officers, Other Events, Exhibits
8-K 2019-10-01 Officers
8-K 2019-07-31 Earnings, Exhibits
8-K 2019-06-27 Regulation FD, Other Events
8-K 2019-05-30 Shareholder Vote
8-K 2019-05-01 Earnings, Exhibits
8-K 2019-03-29 Officers
8-K 2019-03-11 Officers, Regulation FD, Exhibits
8-K 2019-02-27 Enter Agreement, Exhibits
8-K 2019-02-25 Other Events, Exhibits
8-K 2019-02-22 Officers
8-K 2019-02-13 Earnings, Exhibits
8-K 2018-12-19 Enter Agreement, Exhibits
8-K 2018-11-12 Officers
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-10-12 Officers
8-K 2018-09-12 Officers, Exhibits
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-07-26 Enter Agreement, Leave Agreement, Off-BS Arrangement
8-K 2018-06-07 Shareholder Vote
8-K 2018-05-04 Other Events, Exhibits
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-04-18 Regulation FD, Exhibits
8-K 2018-04-02 Enter Agreement, Regulation FD, Exhibits
8-K 2018-02-28 Enter Agreement, Other Events, Exhibits
8-K 2018-02-27 Officers
8-K 2018-02-26 Other Events, Exhibits
8-K 2018-02-26 Other Events, Exhibits
8-K 2018-02-14 Earnings, Exhibits
8-K 2018-02-11 Off-BS Arrangement
8-K 2018-01-19 Officers, Exhibits

Equinix Financials

EQIX Metrics, Comps, Filings

Quarterly | Annual

Business

Equinix, Inc. connects more than 9,800 companies directly to their customers and partners across the world's most interconnected data center and interconnection platform. Platform Equinix® combines a global footprint of state-of-the-art International Business Exchange™ (IBX®) data centers, a variety of interconnection solutions, unique business and digital ecosystems and expert support. Today, businesses leverage the Equinix interconnection platform in 52 strategic markets across the Americas, Asia-Pacific, and Europe, the Middle East and Africa ("EMEA"). Equinix operates as a real estate investment trust for federal income tax purposes ("REIT").

We elected to be taxed as a REIT for federal income tax purposes beginning with our 2015 taxable year. As of December 31, 2018, our REIT structure included all of our data center operations in the United States ("U.S."), Canada, Japan, and the data center operations in EMEA with the exception of Bulgaria, United Arab Emirates and a portion of Turkey. Our data center operations in other jurisdictions are operated as taxable REIT subsidiaries ("TRSs").

Careful, steady expansion has been key to Equinix's growth strategy since our founding, as we seek to offer our customers interconnection opportunities ahead of demand. In April 2018, Equinix purchased the 1.6 million-square foot Infomart Building™ in Dallas, including its operations and tenants, where we had already been operating four Equinix data centers. In the same month, we closed our acquisition of Australian data center provider Metronode and its 10 data centers.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Simon Property Group (SPG) 70,696 0% 22.8 6% 30,651 25,409 5,266 0 1,932 4,054 92,497
Crown Castle (CCI) 57,630 69% 52.3 2% 38,344 27,019 5,837 4,008 913 1,440 75,273
Prologis (PLD) 56,208 0% 21.8 5% 39,448 13,513 3,312 0 1,966 3,063 66,730
Equinix (EQIX) 49,567 49% 29.5 2% 22,842 14,081 5,455 2,700 493 1,957 57,636
Public Storage (PSA) 42,781 54% 19.6 15% 11,414 2,625 2,822 1,520 1,726 2,260 44,216
Welltower (WELL) 36,282 36% 22.9 3% 31,864 15,168 5,100 1,831 1,090 2,116 48,408
Equity Residential (EQR) 33,567 0% 25.1 3% 21,054 10,152 2,017 0 708 1,334 33,483
AvalonBay Communities (AVB) 29,966 0% 22.3 5% 19,060 8,242 2,310 0 1,004 1,660 37,054
SBA Communications (SBAC) 28,336 57% 55.8 1% 9,201 12,747 1,985 1,129 137 683 38,108
Digital Realty Trust (DLR) 28,117 0% 26.4 1% 23,173 12,943 3,200 0 304 1,479 39,101
Ventas (VTR) 27,433 25% 18.6 2% 24,804 13,731 3,800 942 490 1,464 27,225
Equity Lifestyle Properties (ELS) 25,670 0% 89.0 7% 4,137 2,818 1,022 0 288 288 25,628
Realty Income (O) 25,137 0% 25.8 2% 17,180 7,862 1,094 0 308 966 24,878
Essex Property Trust (ESS) 22,280 0% 28.7 3% 12,998 6,544 1,085 0 454 977 28,052
Weyerhaeuser (WY) 20,746 13% 49.6 -1% 16,832 8,233 6,649 895 -155 570 28,299
Boston Properties (BXP) 20,149 56% 13.4 3% 21,289 13,286 2,908 1,629 625 1,448 19,344
Alexandria Real Estate Equities (ARE) 17,631 0% 28.6 2% 17,058 8,095 1,432 0 320 837 23,935
Extra Space Storage (EXR) 16,083 57% 21.2 5% 8,318 5,410 1,280 724 440 756 16,016
WP Carey (WPC) 15,339 76% 23.6 3% 14,084 7,119 1,195 909 372 892 21,048
Mid America Apartment (MAA) 14,740 0% 30.2 1% 11,248 4,997 823 0 146 487 14,697

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash5113894433042983712796336542402526855174002624954083546115373363352,2296344839887484,9231,0641,6361,4512,0691,0028986281,6561,6371,420
Accounts Receivable106116116114140144139159170182164185201200185214238275263278294293292326347378396430546597576645616662630704753747
Inventory
PP&E2,4012,5832,6512,8814,2514,3584,5544,8025,0115,2975,5505,6115,9166,3056,6146,8977,1694,9837,3894,9915,1855,2198,3966,8886,9597,25110,6517,6068,7479,00613,7399,69710,37910,68315,99710,89810,99311,229
Assets4,2824,4814,4484,6534,9695,7315,7855,8845,7255,9916,1337,6137,0787,3897,4927,7317,6407,4627,8177,7287,8267,70610,35713,49613,26913,09812,60817,18517,47418,30818,69119,94220,07020,28820,24522,49122,88722,842
Accounts Payable212223262826282934283034214230506010297
Long-Term Debt1,9112,6712,6972,6682,4162,4542,4503,9393,1723,1673,2732,8172,8053,5043,4773,4753,4505,2465,6435,4515,4415,3107,6497,7288,4498,4709,4959,9639,9509,8919,8019,6729,489
Liabilities2,5322,6272,5672,6652,8363,6403,7663,7553,5813,6793,7145,1744,6694,8354,9095,0874,7294,8645,5475,5665,6236,2177,6118,6778,5648,4748,24310,66710,95011,76611,84212,80113,14613,12813,02514,06614,13714,081
Stockholders' Equity1,7501,8541,8811,9872,0642,0251,9522,0602,0682,2342,3352,3422,3122,4532,4592,5172,6832,5982,2702,1622,2031,4892,7454,8194,7054,6244,3666,5186,5246,5426,8507,1416,9257,1607,2198,4258,7498,761
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue2963303453634284184314524664895075195565435655806426206386436666877308449019259439501,0661,1521,2001,2161,2621,2841,3101,3631,3851,397
Cost of Revenue163185194195225228229225233251250259275269270288311304313298316325352428457470466469522582620622652660671682698704
Gross Profit134145152168203189202227233237256260281274295293331316325345350361378416444454477481544570581593610623639681687692
R&D
SG&A83909696109109117125141137143148159160166171199182195192201207225272276292292310333343341363365365385392403
Tax258118521417131714-1112230-1313036712-2-1114231913922917619434758
Net Income-21114254521183551294536-224345411143-35576594111-31455162424680656368125110118144121
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating1131231181401421881261951022098414720716717299216233214104279334299247306391495301539417421543499
Cash Investing-25918-286-210-809-19526994-597-209-1,143538-331-2339992-6-200-108-1,323-253336-352-314-3,939-364-784-365-1,365-620-378-523-576
Cash Financing18-862662744-83-44-26574121,497-850-1-71-37-279-256-99-101-376-170-191-1574,225-21349799674-206104987-40-126