Does EQIX or O pay a bigger dividend?

EQIX yields 1.90% and O yields 5.45% based on trailing dividends and the latest price.

How have EQIX and O total returns compared?

Over the past 10 years, EQIX delivered 13.24% and O delivered 4.44% annualized total return. Past performance doesn't predict future results.

Equinix, Inc. (EQIX) vs Realty Income Corporation (O)

A side-by-side comparison of Equinix, Inc. and Realty Income Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

EQIX

Equinix, Inc.

$98.61B

$999.32Real EstateDelayed quote: Sep 15, 2026, 10:30 AM EDT

Realty Income Corporation

$55.07B

$59.06Real EstateDelayed quote: Sep 15, 2026, 10:30 AM EDT

Total return — EQIX vs O

growth of $100 · dividends reinvested · last 10y

EQIX +252.5% (+13.4%/yr)O +46.0% (+3.9%/yr)EQIX compounded faster over this window

EQIX O

EQIX vs O: by the numbers

•EQIX is the larger company ($98.61B vs $55.07B market cap).
•O pays the higher dividend yield (5.45% vs 1.90%).

Metrics side by side

Valuation

Metric	EQIX	O
P/E ratio	64.35	43.11
Forward P/E	58.08	38.84
P/S ratio	10.03	N/A
P/B ratio	6.86	1.39
EV / EBITDA	27.96	N/A
FCF yield	N/A	3.96%

For REITs like Equinix, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.

For REITs like Realty Income Corporation, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.

Profitability

Metric	EQIX	O
Gross margin	51.60%	N/A
Operating margin	21.76%	N/A
Net margin	15.60%	N/A
ROE	10.66%	N/A
ROIC	4.99%	N/A

Dividends

Metric	EQIX	O
Dividend yield	1.90%	5.45%
Payout ratio	126.85%	236.57%

Equinix, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.

Realty Income Corporation's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.

Growth (annualized)

Metric	EQIX	O
Revenue CAGR (5Y)	9.17%	N/A
EPS CAGR (5Y)	26.73%	0.35%
FCF CAGR (5Y)	N/A	13.20%
Total return CAGR (5Y)	6.31%	3.29%

Frequently asked

Does EQIX or O pay a bigger dividend?: EQIX yields 1.90% and O yields 5.45% based on trailing dividends and the latest price.
How have EQIX and O total returns compared?: Over the past 10 years, EQIX delivered 13.24% and O delivered 4.44% annualized total return. Past performance doesn't predict future results.

Go deeper

Full EQIX analysis Full O analysis Interactive comparison tool

Dig into the metrics

Equinix P/E ratio Realty Income P/E ratio Equinix dividend yield Realty Income dividend yield Equinix ROE Realty Income ROE Equinix operating margin Realty Income operating margin Equinix revenue growth Realty Income revenue growth Equinix free cash flow Realty Income free cash flow

Equinix & Realty Income appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.