Equinix Historical Income Statement
EQIX Stock | USD 761.90 7.16 0.95% |
Historical analysis of Equinix income statement accounts such as Total Revenue of 8.6 B or Gross Profit of 3.6 B can show how well Equinix performed in making a profits. Evaluating Equinix income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Equinix's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Equinix latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Equinix is a good buy for the upcoming year.
Equinix |
About Equinix Income Statement Analysis
Equinix Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Equinix shareholders. The income statement also shows Equinix investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Equinix Income Statement Chart
Equinix Income Statement is one of the three primary financial statements used for reporting Equinix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equinix revenue and expense. Equinix Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Equinix's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 163 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (335.9 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Equinix generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Equinix minus its cost of goods sold. It is profit before Equinix operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Equinix. It is also known as Equinix overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Equinix's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Equinix current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.At this time, Equinix's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 163 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (335.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.2B | 3.5B | 3.5B | 3.6B | Total Revenue | 6.6B | 7.3B | 8.2B | 8.6B |
Equinix income statement Correlations
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Equinix Account Relationship Matchups
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Equinix income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.3B | 1.5B | 1.6B | 1.8B | 1.8B | 1.9B | |
Interest Expense | 479.7M | 406.5M | 336.1M | 356.3M | 476.6M | 500.4M | |
Total Revenue | 5.6B | 6.0B | 6.6B | 7.3B | 8.2B | 8.6B | |
Gross Profit | 2.8B | 2.9B | 3.2B | 3.5B | 3.5B | 3.6B | |
Other Operating Expenses | 4.4B | 4.9B | 5.5B | 6.0B | 8.0B | 8.4B | |
Operating Income | 1.2B | 1.1B | 1.1B | 1.2B | 1.5B | 1.6B | |
Ebit | 1.2B | 1.1B | 1.1B | 1.2B | 1.5B | 1.6B | |
Ebitda | 2.5B | 2.6B | 2.7B | 3.0B | 3.3B | 3.5B | |
Cost Of Revenue | 2.8B | 3.1B | 3.5B | 3.8B | 4.7B | 4.9B | |
Total Operating Expenses | 1.6B | 1.8B | 2.0B | 2.3B | 2.0B | 2.1B | |
Net Income | 507.5M | 369.8M | 500.2M | 704.3M | 969.2M | 1.0B | |
Income Tax Expense | 185.4M | 146.2M | 109.2M | 124.8M | 155.3M | 163.0M | |
Selling General Administrative | 935.0M | 1.1B | 1.3B | 1.5B | 1.7B | 1.7B | |
Income Before Tax | 692.6M | 516.2M | 609.0M | 829.4M | 1.1B | 1.2B | |
Total Other Income Expense Net | (477.0M) | (536.7M) | (499.2M) | (371.2M) | (353.6M) | (335.9M) | |
Selling And Marketing Expenses | 651.0M | 718.4M | 741.2M | 786.6M | 855.8M | 898.6M | |
Net Income Applicable To Common Shares | 507.5M | 369.8M | 500.2M | 704.3M | 810.0M | 850.5M | |
Net Income From Continuing Ops | 507.2M | 370.1M | 499.7M | 704.6M | 870.4M | 913.9M | |
Non Recurring | 40.6M | 63.2M | 22.8M | 21.8M | 25.1M | 32.9M | |
Non Operating Income Net Other | 2.7M | (130.2M) | (163.1M) | (14.8M) | (13.3M) | (14.0M) | |
Minority Interest | (205K) | 297K | (463K) | (232K) | (33K) | (31.4K) | |
Tax Provision | 185.4M | 146.2M | 109.2M | 124.8M | 161.2M | 112.1M | |
Interest Income | 27.7M | 8.7M | 2.6M | 36.3M | 84.5M | 43.2M | |
Net Interest Income | (452.0M) | (397.8M) | (333.4M) | (320.1M) | (308.6M) | (324.0M) | |
Reconciled Depreciation | 1.3B | 1.4B | 1.7B | 1.7B | 1.8B | 1.6B |
Pair Trading with Equinix
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinix position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinix will appreciate offsetting losses from the drop in the long position's value.Moving together with Equinix Stock
0.63 | EGP | EastGroup Properties Earnings Call Today | PairCorr |
Moving against Equinix Stock
0.69 | NXRT | Nexpoint Residential Earnings Call This Week | PairCorr |
0.41 | BDN | Brandywine Realty Trust | PairCorr |
The ability to find closely correlated positions to Equinix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinix when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinix - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinix to buy it.
The correlation of Equinix is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinix moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinix can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Equinix Stock analysis
When running Equinix's price analysis, check to measure Equinix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinix is operating at the current time. Most of Equinix's value examination focuses on studying past and present price action to predict the probability of Equinix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinix's price. Additionally, you may evaluate how the addition of Equinix to your portfolios can decrease your overall portfolio volatility.
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Is Equinix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinix. If investors know Equinix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.731 | Dividend Share 14.49 | Earnings Share 10.34 | Revenue Per Share 82.834 | Quarterly Revenue Growth 0.154 |
The market value of Equinix is measured differently than its book value, which is the value of Equinix that is recorded on the company's balance sheet. Investors also form their own opinion of Equinix's value that differs from its market value or its book value, called intrinsic value, which is Equinix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinix's market value can be influenced by many factors that don't directly affect Equinix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.