Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EquinixEQIX -2.59%91 EV-to-EBITDA is 28.04 as of Jul. 29, 2026, which is 4% above its 10-year median of 26.88. GuruFocus rates EQIX with a GF Score™ of 91/100 and a GF Value™ of $922.86 (Fairly Valued). The stock has 10 warning signs investors should review. Among 675 REITs companies, Equinix ranks worse than 86.81% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Equinix's enterprise value is $119,719 Mil.
Equinix's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $4,270 Mil. Therefore, Equinix's EV-to-EBITDA for today is 28.04.
The historical rank and industry rank for Equinix's EV-to-EBITDA or its related term are showing as below:
EQIX'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 18.03 Med: 26.88 Max: 39.62
Current: 28.04
During the past 13 years, the highest EV-to-EBITDA of Equinix was 39.62. The lowest was 18.03. And the median was 26.88.
EQIX's EV-to-EBITDA is ranked worse than 86.81% of 675
companies
in the REITs industry
Industry Median: 15.56
vs EQIX: 28.04
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-07-29), Equinix's stock price is $1008.02.
Equinix's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $14.450. Therefore, Equinix's PE Ratio (TTM) for today is 69.76.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Equinix (NAS:EQIX) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Equinix's share price for today is $1008.02.
Equinix's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.450.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Equinix's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Specialty subindustry, Equinix's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Equinix EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Equinix's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Equinix's EV-to-EBITDA falls into.
Equinix's current Enterprise Value is $119,719 Mil.
Equinix's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,270 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Equinix (EQIX) has a EV-to-EBITDA of 28.04 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Equinix. This is near median its historical median of 26.88. Over the past decade, Equinix's EV-to-EBITDA has ranged from 18.03 to 39.62. According to the industry distribution chart, Equinix ranks #586 out of 675 companies in the REITs industry, placing it in the top 86.8%.
Is Equinix's EV-to-EBITDA too high?
Equinix's current EV-to-EBITDA of 28.04 is near median its 10-year median of 26.88. Over the past 10 years, this metric has ranged from a low of 18.03 to a high of 39.62. The REITs industry median EV-to-EBITDA is 15.56. Equinix's value of 28.04 is 80.2% above this industry median. Based on the distribution chart, Equinix ranks #586 out of 675 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Equinix has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equinix's EV-to-EBITDA compare to AMT and DLR?
According to the REITs industry distribution chart, Equinix ranks #586 out of 675 companies for EV-to-EBITDA. This places Equinix in the lower half of its industry. The industry median EV-to-EBITDA is 15.56. Equinix's value of 28.04 is 80.2% above this benchmark. Historically, Equinix's own EV-to-EBITDA has ranged from 18.03 to 39.62 over the past decade. While the company's 10-year median is 26.88 vs. the industry median of 15.56, Equinix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.56, based on 675 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equinix's current EV-to-EBITDA of 28.04 is 80.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Equinix. For the REITs industry, the median EV-to-EBITDA is 15.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinix's current EV-to-EBITDA is 28.04, which is near median its own 10-year median of 26.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinix stock overvalued right now?
Based on GuruFocus' analysis, Equinix (EQIX) is currently considered Fairly Valued. The stock's GF Value™ is $922.86, compared to a current price of $1,008.02 — trading 9.2% above its estimated fair value. The current EV-to-EBITDA is 28.04, which is near median its 10-year median of 26.88 and 80.2% above the REITs industry median of 15.56. Equinix's overall GF Score™ is 91/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Equinix (EQIX), the current EV-to-EBITDA is 28.04 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Equinix (EQIX) Overvalued in 2026?
Based on GuruFocus' analysis, Equinix stock appears to be overvalued.
The current stock price of $1,008.02 is trading 9.2% above its estimated GF Value™ of $922.86.
GuruFocus considers Equinix to be Fairly Valued.
Key valuation signals for EQIX:
EV-to-EBITDA: 28.04 (near median its 10-year median of 26.88)
GF Value™: $922.86 vs. price of $1,008.02 (9.2% above fair value)
Industry Position: 80.2% above the REITs median (#586 of 675)
No single metric tells the full story. See the EQIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equinix is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and businesses. Equinix operates 270 properties in 77 metropolitan areas across 36 countries, serving over 10,000 customers. About 70% of Equinix's revenue comes from renting physical space, which allows hyperscalers and other clients to store servers, data storage, and networking equipment. The other 30% of revenue is generated primarily through interconnection services (20%) and other managed services (10%).
91GF Score
Get the complete analysis for EQIX
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EQIX has been successfully added to your 
