Equinix Inc
Close on Nov 2, 2026Market cap $98.05BP/E 64.0Yield 1.89%
Equinix Adjusted Funds From Operations (AFFO, $M) by Year
Adjusted Funds From Operations (AFFO, $M) ($M)
Equinix Adjusted Funds From Operations (AFFO, $M): $3,761M in 2025, up 12.1% from a year earlier. That is the highest of the 10 years on record here.
Where the 2025 figure comes from
“|| AFFO attributable to common stockholders | $ | 877 | $ | 965 | $ | 770 | $ | 3,761 | $ | 3,356”
Source: Equinix Form 8-K Earnings Release (FY2025Q4) ↗
Primary REIT cash flow metric governing dividend capacity: NAREIT FFO adjusted for non-real estate D&A, straight-line rent/installation adjustments, stock-based compensation, amortization of deferred financing costs, and Recurring CapEx.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Adjusted Funds From Operations (AFFO, $M) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 3,761 | +12.1% | Equinix Form 8-K Earnings Release (FY2025Q4) ↗ |
| 2024 | Dec 31, 2024 | 3,356 | +11.2% | Equinix Form 8-K Earnings Release (FY2025Q4) ↗ |
| 2023 | Dec 31, 2023 | 3,019 | +11.2% | Equinix Form 8-K Earnings Release (FY2024Q4) ↗ |
| 2022 | Dec 31, 2022 | 2,714 | +10.7% | Equinix Form 8-K Earnings Release (FY2023Q4) ↗ |
| 2021 | Dec 31, 2021 | 2,451 | +12.0% | Equinix Form 8-K Earnings Release (FY2022Q4) ↗ |
| 2020 | Dec 31, 2020 | 2,189 | +13.4% | Equinix Form 8-K Earnings Release (FY2021Q4) ↗ |
| 2019 | Dec 31, 2019 | 1,931 | +16.4% | Equinix Form 8-K Earnings Release (FY2020Q4) ↗ |
| 2018 | Dec 31, 2018 | 1,659 | +15.5% | Equinix Form 8-K Earnings Release (FY2019Q4) ↗ |
| 2017 | Dec 31, 2017 | 1,437 | +33.3% | Equinix Form 8-K Earnings Release (FY2018Q4) ↗ |
| 2016 | Dec 31, 2016 | 1,078 | – | Equinix Form 8-K Earnings Release (FY2017Q4) ↗ |
Breakdown
What makes up adjusted Funds From Operations (AFFO, $M)
- NAREIT Funds From Operations (FFO, $M)2,668 · 2025
- Diluted AFFO per Share ($)38.33 · 2025
- Basic AFFO per Share ($)38.42 · 2025
- Diluted NAREIT FFO per Share ($)27.19 · 2025
- Basic NAREIT FFO per Share ($)27.26 · 2025
- Real Estate Depreciation ($M, FFO Add-Back)1,282 · 2025
- Non-Real Estate Depreciation & Amortization ($M, AFFO Add-Back)568 · 2025
- Recurring Maintenance Capital Expenditures ($M, AFFO Deduction)284 · 2025
- Adjusted Free Cash Flow ($M, Excludes Real Estate Acquisitions & JV Investments)-1,327 · 2025
- Cash Dividends Declared per Common Share ($)18.76 · 2025
Cite this data
StockData. (2026). Equinix Adjusted Funds From Operations (AFFO, $M) ($M), annual 2016–2025 [Data set]. Compiled from Equinix SEC filings and investor materials. https://stockdatahq.com/stocks/eqix/kpis/affo-m
See every metric in the Equinix KPI table. Data updated Nov 1, 2026.