Equinix, Inc. (EQIX) vs Prologis, Inc. (PLD)
A side-by-side comparison of Equinix, Inc. and Prologis, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
EQIX
Equinix, Inc.
$1,034.86Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
PLD
Prologis, Inc.
$147.12Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — EQIX vs PLD
growth of $100 · dividends reinvested · last 26yEQIX +224.7%PLD +1526.3%PLD compounded faster
Log scale — wide-divergence pair
EQIX PLD
EQIX vs PLD: by the numbers
- •PLD is the larger company ($137.17B vs $102.06B market cap).
- •PLD trades at the lower trailing earnings multiple (32.80 vs 72.44 P/E), one valuation lens rather than an overall verdict.
- •PLD converts more revenue to profit (45.79% vs 15.03% net margin).
- •PLD grew revenue faster over the past five years (15.39% vs 8.99% CAGR).
- •PLD pays the higher dividend yield (2.82% vs 1.88%).
Metrics side by side
Valuation
| Metric | EQIX | PLD |
|---|---|---|
| P/E ratio | 72.44 | 32.80 |
| Forward P/E | 60.62 | 40.42 |
| P/S ratio | 10.93 | 15.35 |
| P/B ratio | 7.23 | 2.64 |
| PEG ratio | 0.90 | 2.60 |
| EV / EBITDA | 30.57 | 27.65 |
Profitability
| Metric | EQIX | PLD |
|---|---|---|
| Gross margin | 51.26% | 59.60% |
| Operating margin | 20.80% | 38.43% |
| Net margin | 15.03% | 45.79% |
| ROE | 9.95% | 7.87% |
| ROIC | 4.86% | 3.80% |
Dividends
| Metric | EQIX | PLD |
|---|---|---|
| Dividend yield | 1.88% | 2.82% |
| Payout ratio | 142.86% | 116.53% |
Growth (annualized)
| Metric | EQIX | PLD |
|---|---|---|
| Revenue CAGR (5Y) | 8.99% | 15.39% |
| EPS CAGR (5Y) | 26.73% | 12.63% |
| Total return CAGR (5Y) | 6.61% | 6.10% |
Frequently asked
- Which has the lower trailing P/E, EQIX or PLD?
- PLD has the lower trailing P/E: EQIX trades at 72.44 and PLD at 32.80. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EQIX or PLD?
- Over the past five years, PLD grew revenue faster — EQIX at a 8.99% CAGR versus PLD at 15.39%.
- Does EQIX or PLD pay a bigger dividend?
- EQIX yields 1.88% and PLD yields 2.82% based on trailing dividends and the latest price.
- Is EQIX or PLD more profitable?
- PLD runs the higher net margin — EQIX at 15.03% versus PLD at 45.79%.
- How have EQIX and PLD total returns compared?
- Over the past 10 years, EQIX delivered 12.79% and PLD delivered 13.90% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Equinix P/E ratioPrologis P/E ratioEquinix dividend yieldPrologis dividend yieldEquinix ROEPrologis ROEEquinix operating marginPrologis operating marginEquinix revenue growthPrologis revenue growthEquinix free cash flowPrologis free cash flow
Equinix & Prologis appear in these rankings
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 July 28, 2026.