Company / Interest Expense
Equinix Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$402.0M
FY2023
5-year range
$336.1M / $402.0M
FY2019-FY2023
Trend
+12.8%
vs FY2022
Sector context
#9 of 61
Real Estate
What the data says
Equinix's interest expense of $402M is higher than 85% of companies in the Real Estate sector (FY2023). Increased from $336M to $402M over the past 2 years.
Based on SEC 10-K filings.
$402M in FY2023 with a 5-year CAGR of -5.1%. Top quartile in the Real Estate sector.
Increased from $336M to $402M over the past 2 years.
Real Estate sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -0.4%
- 5-Year CAGR
- -5.1%
- 10-Year CAGR
- -
Sector benchmark
Bottom 15% in Real EstateTop 85% of 61This company $402.0M Sector average $209.9M
▼
+91.5% above sector average
Key checks
Key Insights
- 5-year CAGR of -5.1%, indicating a declining trend.
- In FY2023, interest expense increased 12.8% year-over-year.
- Ranks #9 out of 61 companies in the Real Estate sector.
- Peak interest expense was recorded in FY2018.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $402.0M | +12.8% |
| FY2022 | $356.3M | +6.0% |
| FY2021 | $336.1M | -17.3% |
| FY2020 | $406.5M | -15.3% |
| FY2019 | $479.7M | -8.0% |
| FY2018 | $521.5M | +8.9% |
| FY2017 | $478.7M | +22.1% |
| FY2016 | $392.2M | +31.1% |
As of FY2023 · SEC 10-K · Updated Jul 2, 2026