Equinix, Inc. (EQIX) vs Ventas, Inc. (VTR)
A side-by-side comparison of Equinix, Inc. and Ventas, Inc. 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.
Total return — EQIX vs VTR
growth of $100 · dividends reinvested · last 10yEQIX vs VTR: by the numbers
- •EQIX is the larger company ($98.61B vs $43.03B market cap).
- •EQIX converts more revenue to profit (15.60% vs 4.13% net margin).
- •VTR grew revenue faster over the past five years (11.91% vs 9.17% CAGR).
- •VTR pays the higher dividend yield (2.24% vs 1.90%).
Metrics side by side
Valuation
| Metric | EQIX | VTR |
|---|---|---|
| P/E ratio | 64.35 | 163.90 |
| Forward P/E | 58.08 | 151.85 |
| P/S ratio | 10.03 | 6.68 |
| P/B ratio | 6.86 | 2.94 |
| EV / EBITDA | 27.96 | 24.35 |
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 Ventas, 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.
Profitability
| Metric | EQIX | VTR |
|---|---|---|
| Gross margin | 51.60% | -2.58% |
| Operating margin | 21.76% | 12.94% |
| Net margin | 15.60% | 4.13% |
| ROE | 10.66% | 1.82% |
| ROIC | 4.99% | 2.81% |
Dividends
| Metric | EQIX | VTR |
|---|---|---|
| Dividend yield | 1.90% | 2.24% |
| Payout ratio | 126.85% | 370.37% |
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.
Ventas, 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.
Growth (annualized)
| Metric | EQIX | VTR |
|---|---|---|
| Revenue CAGR (5Y) | 9.17% | 11.91% |
| EPS CAGR (5Y) | 26.73% | -14.16% |
| FCF CAGR (5Y) | N/A | 0.22% |
| Total return CAGR (5Y) | 6.31% | 13.45% |
Frequently asked
- Which has grown faster, EQIX or VTR?
- Over the past five years, VTR grew revenue faster — EQIX at a 9.17% CAGR versus VTR at 11.91%.
- Does EQIX or VTR pay a bigger dividend?
- EQIX yields 1.90% and VTR yields 2.24% based on trailing dividends and the latest price.
- Is EQIX or VTR more profitable?
- EQIX runs the higher net margin — EQIX at 15.60% versus VTR at 4.13%.
- How have EQIX and VTR total returns compared?
- Over the past 10 years, EQIX delivered 13.24% and VTR delivered 7.06% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Equinix & Ventas 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 September 13, 2026.