Equinix vs Prologis
EQIX and PLD side by side, both in miscellaneous investing. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How EQIX and PLD compare
Prologis is the larger company, worth 1.2 times as much as Equinix ($119B against $100B).
On earnings, Prologis is cheaper: it trades at 28.5× trailing earnings, against 65.3× for Equinix.
Equinix grew revenue faster over the last twelve months (9.6% versus 7.3% for Prologis).
Prologis keeps more of each dollar of sales as profit, with a net margin of 45.8% compared with 15.6% at Equinix.
Both pay dividends: Equinix yields 2.0% and Prologis 3.3%.
Equinix scores higher on the StockData Score (14 against 11 for Prologis), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | EQIX | PLD |
|---|---|---|
| Size and price | ||
| Market cap | $100B | $119B |
| Share price | $1013.70 | $127.98 |
| Change, 1 year | 27.1% | 3.7% |
| Change, 5 years | 29.6% | −12.8% |
| Beta (5Y) | 0.83 | 1.06 |
| Employees | 14K | 2,802 |
| StockData Score | ||
| Total score | 14 (better) | 11 |
| Valuation score | 1 | 2 (better) |
| Growth score | 5 (better) | 4 |
| Performance score | 5 (better) | 3 |
| Health score | 1 (better) | 0 |
| Dividend score | 2 | 2 |
| Valuation | ||
| P/E | 65.3× | 28.5× (better) |
| P/S | 10.2× (better) | 13.0× |
| P/B | 7.0× | 2.2× (better) |
| EV/EBITDA | 22.7× | 15.7× (better) |
| PEG | 3.03 | – |
| Fair value | $696.91 | $112.97 |
| Margin of safety | −45.5% | −13.3% (better) |
| Growth | ||
| Revenue growth (TTM) | 9.6% (better) | 7.3% |
| Revenue growth, 5Y average | 9.0% | 14.6% (better) |
| Net income growth (TTM) | 54.2% (better) | 22.0% |
| EPS growth (TTM) | 52.1% (better) | 21.7% |
| EPS growth, 5Y average | 26.9% (better) | 12.1% |
| Profitability | ||
| Gross margin | 51.5% | – |
| Operating margin | 21.8% | 54.7% (better) |
| Net margin | 15.6% | 45.8% (better) |
| Return on equity | 10.8% (better) | 7.9% |
| Return on invested capital | 17.7% (better) | 9.1% |
| Financial health | ||
| Interest coverage | 3.8× | 4.8× (better) |
| Current ratio | 1.13 | – |
| Altman Z-score | 2.91 (better) | 1.91 |
| Piotroski F-score | 6 (better) | 5 |
| Dividends and buybacks | ||
| Dividend yield | 2.0% | 3.3% (better) |
| Payout ratio | 128% | 92.3% |
| Years of dividend growth | 9 | 12 (better) |
| Dividend growth, 5Y average | 12.0% (better) | 11.7% |
| Buyback yield | 0.00% | – |
| Shareholder yield | 2.0% | 3.3% (better) |
| Ownership | ||
| Held by institutions | 98.0% | 94.6% |
| Held by insiders | 0.27% | 0.24% |
| Insider net buying, 12 months | −$61.2M | −$8.2M (better) |
| Superinvestors holding | 4 (better) | 1 |
| Short interest, % of float | 1.6% | – |
Go deeper
- EQIX stock overview
- EQIX income statement
- EQIX valuation and score
- PLD stock overview
- PLD income statement
- PLD valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.