Event-Driven Stocks

EQUINIX INC

EQIXNasdaq

Real Estate · Real Estate Investment Trusts · DE · SEC filings ↗ · Compare ⊕

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Signs● 4 good● 1 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$9.22B$8.75B$8.19B$7.26B$6.64B$6.00B
Operating income$1.85B$1.33B$1.44B$1.20B$1.11B$1.05B
Net income$1.35B$815.0M$969.0M$705.0M$500.2M$369.8M
Total assets$40.14B$35.09B$32.65B$30.31B$27.92B$27.01B
Total liabilities$25.96B$21.53B$20.14B$18.80B$17.04B$16.37B
Equity$14.16B$13.53B$12.49B$11.51B$10.88B$10.63B
EPS (diluted)$13.76$8.50$10.31$7.67$5.53$4.18
Shares out.97.3M94.6M92.7M90.7M89.3M85.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
20.0%
Net margin
14.6%
Return on equity
9.5%
Return on assets
3.4%
Return on capital (ROCE)
5.1%
Liabilities / assets
64.7%
Debt / equity
1.83×
Book value / share
$145.44
Revenue growth (YoY)
5.4%
Net income growth (YoY)
65.6%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
1.58grey zone
Accruals / assets
−6.4%clean
Beneish M-Score
-2.76normal
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
77
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 warning● 4 good
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20261.9M3.7+4.3%
Apr 30, 20261.8M3.0+0.4%
Apr 15, 20261.8M4.1-16.8%
Mar 31, 20262.2M3.5+12.9%
Mar 13, 20261.9M3.0+0.7%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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