Company / Free Cash Flow
Equinix Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$400.0M
FY2025
5-year range
-$400.0M / $685.0M
FY2021-FY2025
Trend
-318.6%
vs FY2024
Sector context
#39 of 41
Real Estate
What the data says
Free Cash Flow changed -319% YoY in FY2025, a notable deviation from the 9-year average annual change of -114%.
Based on SEC 10-K filings.
-$400M in FY2025.
Declined from $436M to -$400M over the past 2 years.
Real Estate sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in Real EstateTop 95% of 41This company -$400.0M Sector average $438.1M
▼
-191.3% below sector average
Key checks
Key Insights
- Equinix's free cash flow has declined for 3 consecutive years.
- In FY2025, free cash flow decreased 318.6% year-over-year.
- Ranks #39 out of 41 companies in the Real Estate sector.
- Peak free cash flow was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.75 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$400.0M | -318.6% |
| FY2024 | $183.0M | -58.0% |
| FY2023 | $436.0M | -36.4% |
| FY2022 | $685.0M | +435.3% |
| FY2021 | -$204.3M | -847.8% |
| FY2020 | $27.3M | +131.5% |
| FY2019 | -$86.8M | +69.1% |
| FY2018 | -$280.7M | -564.0% |
| FY2017 | $60.5M | +164.4% |
| FY2016 | -$94.0M | -452.1% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026