Company / Working Capital
Equinix Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$1.2B
FY2025
5-year range
$406.0M / $2.1B
FY2021-FY2025
Trend
-41.3%
vs FY2024
Sector context
#3 of 20
Real Estate
What the data says
Equinix's working capital of $1.2B is higher than 85% of companies in the Real Estate sector (FY2025). Working Capital has fluctuated over the past 10 years, ranging from $611,000 in FY2018 to $2.1B in FY2024.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +16.1%. Ranks 3rd among 20 companies in Real Estate.
Improved from $406M to $1.2B over the past 2 years.
Real Estate sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -5.7%
- 5-Year CAGR
- +16.1%
- 10-Year CAGR
- -
Sector benchmark
Top 15% in Real EstateTop 15% of 20This company $1.2B Sector average -$128.2M
▼
+1060.7% above sector average
Key checks
Key Insights
- 5-year CAGR of +16.1%, indicating consistent growth.
- In FY2025, working capital decreased 41.3% year-over-year.
- Ranks #3 out of 20 companies in the Real Estate sector.
- Peak working capital was recorded in FY2024.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | -41.3% |
| FY2024 | $2.1B | +416.7% |
| FY2023 | $406.0M | -72.3% |
| FY2022 | $1.5B | +8.6% |
| FY2021 | $1.4B | +131.2% |
| FY2020 | $584.4M | -18.2% |
| FY2019 | $714.8M | +116880.9% |
| FY2018 | $611.0K | -99.9% |
| FY2017 | $1.0B | +129.3% |
| FY2016 | $438.8M | -72.6% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026