Equinix, Inc. EQIX NASDAQ

Equinix, Inc. (EQIX) generated $3.91B in operating cash flow for fiscal year 2025. After capital expenditures of $4.31B, free cash flow was $-400M.

Free cash flow margin was -4.3% of revenue. Cash conversion ratio was 2.9x, indicating earnings are backed by cash.

The company returned $1.86B in dividends to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (86/100, Pass) — $-400M (-4.3% FCF margin) supports a durable competitive advantage
• INCOME (55/100) — Cash conversion ratio was 2.9x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 62/100 with 3/7 criteria passed.