Equinix Inc (EQIX) - Net Assets
Based on the latest financial reports, Equinix Inc (EQIX) has net assets worth $14.18 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.14 Billion) and total liabilities ($25.96 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Equinix Inc (EQIX) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.18 Billion |
| % of Total Assets | 35.32% |
| Annual Growth Rate | 20.73% |
| 5-Year Change | 30.29% |
| 10-Year Change | 224.75% |
| Growth Volatility | 55.01 |
Equinix Inc - Net Assets Trend (1999–2025)
This chart illustrates how Equinix Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Equinix Inc for the complete picture of this company's asset base.
Annual Net Assets for Equinix Inc (1999–2025)
The table below shows the annual net assets of Equinix Inc from 1999 to 2025. For live valuation and market cap data, see Equinix Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $14.18 Billion | +4.62% |
| 2024-12-31 | $13.55 Billion | +8.30% |
| 2023-12-31 | $12.51 Billion | +8.76% |
| 2022-12-31 | $11.51 Billion | +5.73% |
| 2021-12-31 | $10.88 Billion | +2.33% |
| 2020-12-31 | $10.63 Billion | +20.29% |
| 2019-12-31 | $8.84 Billion | +22.46% |
| 2018-12-31 | $7.22 Billion | +5.39% |
| 2017-12-31 | $6.85 Billion | +56.90% |
| 2016-12-31 | $4.37 Billion | +59.02% |
| 2015-12-31 | $2.75 Billion | +20.94% |
| 2014-12-31 | $2.27 Billion | -12.11% |
| 2013-12-31 | $2.58 Billion | +6.76% |
| 2012-12-31 | $2.42 Billion | +19.79% |
| 2011-12-31 | $2.02 Billion | +7.41% |
| 2010-12-31 | $1.88 Billion | +59.03% |
| 2009-12-31 | $1.18 Billion | +32.46% |
| 2008-12-31 | $892.72 Million | +9.61% |
| 2007-12-31 | $814.43 Million | +129.40% |
| 2006-12-31 | $355.03 Million | +22.99% |
| 2005-12-31 | $288.67 Million | +5.47% |
| 2004-12-31 | $273.71 Million | -14.49% |
| 2003-12-31 | $320.08 Million | +12.63% |
| 2002-12-31 | $284.19 Million | +39.64% |
| 2001-12-31 | $203.52 Million | -45.74% |
| 2000-12-31 | $375.12 Million | +254.89% |
| 1999-12-31 | $105.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Equinix Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 608118970000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-1.36 Billion | -9.60% |
| Other Components | $21.62 Billion | 152.71% |
| Total Equity | $14.16 Billion | 100.00% |
Equinix Inc Competitors by Market Cap
The table below lists competitors of Equinix Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Westpac Banking Corporation
AU:WBC
|
$92.90 Billion |
|
ESSILORLUXOTTICA 1/2/O.N.
F:ESLC
|
$93.24 Billion |
|
Compagnie Financière Richemont SA
SW:CFR
|
$93.28 Billion |
|
General Dynamics Corporation
NYSE:GD
|
$93.51 Billion |
|
Seagate Technology PLC
NASDAQ:STX
|
$92.68 Billion |
|
Ping An Insurance Group Co of China Ltd
SHG:601318
|
$92.61 Billion |
|
Sandisk Corp
NASDAQ:SNDK
|
$92.46 Billion |
|
KKR & Co LP
NYSE:KKR
|
$92.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equinix Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,528,000,000 to 14,156,000,000, a change of 628,000,000 (4.6%).
- Net income of 1,350,000,000 contributed positively to equity growth.
- Dividend payments of 1,856,000,000 reduced retained earnings.
- New share issuances of 99,000,000 increased equity.
- Other comprehensive income increased equity by 376,000,000.
- Other factors increased equity by 659,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.35 Billion | +9.54% |
| Dividends Paid | $1.86 Billion | -13.11% |
| Share Issuances | $99.00 Million | +0.7% |
| Other Comprehensive Income | $376.00 Million | +2.66% |
| Other Changes | $659.00 Million | +4.66% |
| Total Change | $- | 4.64% |
Book Value vs Market Value Analysis
This analysis compares Equinix Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.52x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.34x to 7.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $809.25 | $1085.03 | x |
| 2000-12-31 | $286.07 | $1085.03 | x |
| 2001-12-31 | $82.77 | $1085.03 | x |
| 2002-12-31 | $95.05 | $1085.03 | x |
| 2003-12-31 | $33.33 | $1085.03 | x |
| 2004-12-31 | $15.45 | $1085.03 | x |
| 2005-12-31 | $12.05 | $1085.03 | x |
| 2006-12-31 | $12.43 | $1085.03 | x |
| 2007-12-31 | $25.34 | $1085.03 | x |
| 2008-12-31 | $21.47 | $1085.03 | x |
| 2009-12-31 | $29.80 | $1085.03 | x |
| 2010-12-31 | $41.97 | $1085.03 | x |
| 2011-12-31 | $40.76 | $1085.03 | x |
| 2012-12-31 | $45.07 | $1085.03 | x |
| 2013-12-31 | $49.07 | $1085.03 | x |
| 2014-12-31 | $43.36 | $1085.03 | x |
| 2015-12-31 | $46.94 | $1085.03 | x |
| 2016-12-31 | $61.65 | $1085.03 | x |
| 2017-12-31 | $88.34 | $1085.03 | x |
| 2018-12-31 | $90.02 | $1085.03 | x |
| 2019-12-31 | $104.40 | $1085.03 | x |
| 2020-12-31 | $120.28 | $1085.03 | x |
| 2021-12-31 | $120.37 | $1085.03 | x |
| 2022-12-31 | $125.30 | $1085.03 | x |
| 2023-12-31 | $132.85 | $1085.03 | x |
| 2024-12-31 | $139.05 | $1085.03 | x |
| 2025-12-31 | $144.27 | $1085.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equinix Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.58%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.84x
- Recent ROE (9.54%) is above the historical average (-4.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -19.67% | -56039.35% | 0.00x | 3.03x | $-31.36 Million |
| 2000 | -31.93% | -920.33% | 0.02x | 1.82x | $-157.30 Million |
| 2001 | -92.58% | -297.12% | 0.11x | 2.83x | $-208.77 Million |
| 2002 | -7.61% | -28.01% | 0.16x | 1.73x | $-50.04 Million |
| 2003 | -26.30% | -71.37% | 0.25x | 1.45x | $-116.18 Million |
| 2004 | -25.07% | -41.93% | 0.33x | 1.83x | $-96.00 Million |
| 2005 | -14.76% | -19.28% | 0.32x | 2.36x | $-71.48 Million |
| 2006 | -1.80% | -2.23% | 0.37x | 2.17x | $-41.90 Million |
| 2007 | -0.64% | -1.24% | 0.19x | 2.68x | $-86.63 Million |
| 2008 | 14.73% | 18.67% | 0.29x | 2.74x | $42.27 Million |
| 2009 | 5.87% | 7.87% | 0.29x | 2.57x | $-48.82 Million |
| 2010 | 1.96% | 3.02% | 0.27x | 2.37x | $-151.17 Million |
| 2011 | 4.82% | 5.85% | 0.28x | 2.96x | $-101.22 Million |
| 2012 | 6.19% | 7.63% | 0.31x | 2.63x | $-88.86 Million |
| 2013 | 3.85% | 4.40% | 0.29x | 3.05x | $-151.22 Million |
| 2014 | -11.43% | -10.62% | 0.31x | 3.44x | $-486.56 Million |
| 2015 | 6.84% | 6.89% | 0.26x | 3.77x | $-86.76 Million |
| 2016 | 2.90% | 3.51% | 0.29x | 2.89x | $-309.78 Million |
| 2017 | 3.40% | 5.33% | 0.23x | 2.73x | $-452.00 Million |
| 2018 | 5.06% | 7.20% | 0.25x | 2.80x | $-356.57 Million |
| 2019 | 5.74% | 9.12% | 0.23x | 2.71x | $-376.61 Million |
| 2020 | 3.48% | 6.16% | 0.22x | 2.54x | $-693.62 Million |
| 2021 | 4.60% | 7.54% | 0.24x | 2.57x | $-588.02 Million |
| 2022 | 6.12% | 9.70% | 0.24x | 2.63x | $-446.25 Million |
| 2023 | 7.76% | 11.84% | 0.25x | 2.61x | $-279.71 Million |
| 2024 | 6.02% | 9.32% | 0.25x | 2.59x | $-537.80 Million |
| 2025 | 9.54% | 14.58% | 0.23x | 2.84x | $-65.60 Million |
Industry Comparison
This section compares Equinix Inc's net assets metrics with peer companies in the REIT - Specialty industry.
Industry Context
- Industry: REIT - Specialty
- Average net assets among peers: $3,511,121,515
- Average return on equity (ROE) among peers: 7.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equinix Inc (EQIX) | $14.18 Billion | -19.67% | 1.83x | $92.84 Billion |
| American Tower Corp (AMT) | $4.78 Billion | 35.36% | 8.88x | $85.02 Billion |
| Crown Castle (CCI) | $2.19 Billion | -18.17% | 2.07x | $36.18 Billion |
| Digital Realty Trust Inc (DLR) | $19.62 Billion | 1.92% | 1.11x | $55.29 Billion |
| EPR Properties (EPR) | $593.39 Million | 9.05% | 1.04x | $4.21 Billion |
| Farmland Partners Inc (FPI) | $704.21 Million | 1.66% | 0.65x | $467.27 Million |
| Gaming & Leisure Properties (GLPI) | $2.68 Billion | 18.90% | 2.38x | $12.97 Billion |
| Iron Mountain Incorporated (IRM) | $1.05 Billion | 9.25% | 5.33x | $29.90 Billion |
| Lamar Advertising Company (LAMR) | $-28.20 Million | 0.00% | 0.00x | $12.21 Billion |
| Gladstone Land Corporation (LAND) | $8.55 Million | 6.56% | 2.40x | $410.40 Million |
About Equinix Inc
Equinix, Inc. shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI quickly, efficiently and everywhere.