Company / Total Debt
Equinix Total Debt History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$15.3B
FY2024
5-year range
$11.7B / $15.3B
FY2020-FY2024
Trend
+10.8%
vs FY2023
Sector context
#8 of 98
Real Estate
What the data says
Among 98 Real Estate companies, Equinix is in the bottom 8% for total debt. Total Debt has increased for 8 consecutive years, from $5.3B in FY2016 to $15.3B in FY2024.
Based on SEC 10-K filings.
$15.3B in FY2024 with a 5-year CAGR of +8.1%. Top quartile in the Real Estate sector.
Increased from $12.9B to $15.3B over the past 2 years.
Real Estate sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +9.4%
- 5-Year CAGR
- +8.1%
- 10-Year CAGR
- -
Sector benchmark
Bottom 8% in Real EstateTop 92% of 98This company $15.3B Sector average $4.8B
▼
+219.6% above sector average
Key checks
Key Insights
- Equinix's total debt has grown for 8 consecutive years.
- 5-year CAGR of +8.1%, indicating consistent growth.
- In FY2024, total debt increased 10.8% year-over-year.
- Ranks #8 out of 98 companies in the Real Estate sector.
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 | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $15.3B | +10.8% |
| FY2023 | $13.8B | +7.5% |
| FY2022 | $12.9B | +9.9% |
| FY2021 | $11.7B | +10.2% |
| FY2020 | $10.6B | +2.2% |
| FY2019 | $10.4B | +5.2% |
| FY2018 | $9.9B | +16.8% |
| FY2017 | $8.5B | +59.5% |
| FY2016 | $5.3B | +1.2% |
As of FY2024 · SEC 10-K · Updated Jul 2, 2026