Equinix, Inc. Website

Equinix, Inc.

NasdaqGS-EQIX

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

5,159.2

5,622.6

6,259.8

6,723.2

7,754.5

8,023.5

Total Revenues % Chg.

1.1%

9%

11.3%

7.4%

15.3%

8%

Cost of Goods Sold, Total

2,810.2

3,074.3

3,472.4

3,751.5

4,227.7

4,333.7

Gross Profit

2,349

2,548.3

2,787.4

2,971.7

3,526.8

3,689.8

Selling General & Admin Expenses, Total

1,586.1

1,809.3

2,043

2,285.3

2,509.8

2,608.8

Stock-Based Compensation

—

—

—

—

—

—

—

—

49

2.5

2.5

Other Operating Expenses, Total

1,586.1

1,809.3

2,043

2,334.3

2,512.4

2,611.4

Operating Income

763

738.9

744.3

637.4

1,014.5

1,078.5

Interest Expense, Total

-479.7

-406.5

-336.1

-356.3

-395.5

-402.5

Interest And Investment Income

27.7

8.7

2.6

36.3

94.2

104.2

Net Interest Expenses

-452

-397.8

-333.4

-320.1

-301.3

-298.3

Income (Loss) On Equity Invest.

—

—

—

—

—

—

—

—

-8.6

-11.7

-22.7

Currency Exchange Gains (Loss)

115.9

-92.2

90.2

285.7

-30

32

Other Non Operating Income (Expenses)

-9.2

134.6

-180.1

-131.4

16.7

-53.3

EBT, Excl. Unusual Items

417.7

383.5

320.9

463

688.2

736.2

Merger & Related Restructuring Charges

-24.8

-55.9

-22.8

-21.8

-12.4

-9.4

Gain (Loss) On Sale Of Assets

—

—

—

44.3

1.3

10.8

-4

5

22

Asset Writedown

—

—

—

—

—

-15.8

-7.3

—

—

—

—

Other Unusual Items

271.1

194.7

299.9

392.1

443.4

442.4

EBT, Incl. Unusual Items

692.6

516.2

609

829.4

1,124.2

1,191.2

Income Tax Expense

185.4

146.2

109.2

124.8

155.3

156.3

Earnings From Continuing Operations

507.2

370.1

499.7

704.6

969

1,035

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

—

—

—

Minority Interest

—

—

—

—

0.2

-0.3

0.5

-0.2

0.2

0.2

Net Income

507.5

369.8

500.2

704.3

969.2

1,035.2

Net Income to Common Incl Extra Items

507.5

369.8

500.2

704.3

969.2

1,035.2

Net Income to Common Excl. Extra Items

507.5

369.8

500.2

704.3

969.2

1,035.2

Total Shares Outstanding

85.3

89.1

90.6

92.6

94.5

94.9

Weighted Avg. Shares Outstanding

84.1

87.7

89.8

91.6

93.6

94.4

Weighted Avg. Shares Outstanding Dil

84.7

88.4

90.4

91.8

94

94.8

EPS

6

4.2

5.6

7.7

10.4

11

EPS Diluted

6

4.2

5.5

7.7

10.3

10.9

EBITDA

2,054.1

2,168.6

2,407.1

2,380.1

2,865.9

3,025.9

Effective Tax Rate

26.8%

28.3%

17.9%

15%

13.8%

13.1%