EQIX vs. HASI: A Head-to-Head Stock Comparison

Updated on October 5, 2025

Here’s a clear look at EQIX and HASI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

A key difference in structure is that EQIX is a Real Estate Investment Trust (REIT), a company that primarily invests in income-generating real estate, whereas HASI is a conventional stock.

Symbol	EQIX	HASI
Company Name	Equinix, Inc.	HA Sustainable Infrastructure Capital, Inc.
Country	United States	United States
GICS Sector	Real Estate	Financials
GICS Industry	Specialized REITs	Mortgage Real Estate Investment Trusts (REITs)
Market Capitalization	77.35 billion USD	3.92 billion USD
Exchange	NasdaqGS	NYSE
Listing Date	August 11, 2000	April 18, 2013
Security Type	REIT	Common Stock

Historical Performance

This chart compares the performance of EQIX and HASI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

EQIX vs. HASI: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	EQIX	HASI
5-Day Price Return	-1.14%	3.61%
13-Week Price Return	-2.69%	14.30%
26-Week Price Return	-6.22%	4.71%
52-Week Price Return	-12.81%	-10.76%
Month-to-Date Return	-1.19%	8.71%
Year-to-Date Return	-17.92%	14.42%
10-Day Avg. Volume	0.60M	1.32M
3-Month Avg. Volume	0.58M	1.30M
3-Month Volatility	16.79%	32.41%
Beta	1.03	1.66

Profitability

Return on Equity (TTM)

EQIX

7.22%

Specialized REITs Industry

Max: 21.01%
Q3: 17.78%
Median: 8.42%
Q1: 6.83%
Min: -1.71%

EQIX’s Return on Equity of 7.22% is on par with the norm for the Specialized REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

HASI

8.66%

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 10.10%
Q3: 7.88%
Median: 5.73%
Q1: 4.74%
Min: 3.80%

In the upper quartile for the Mortgage Real Estate Investment Trusts (REITs) industry, HASI’s Return on Equity of 8.66% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

EQIX vs. HASI: A comparison of their Return on Equity (TTM) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Net Profit Margin (TTM)

EQIX

11.11%

Specialized REITs Industry

Max: 70.20%
Q3: 38.00%
Median: 23.98%
Q1: 6.53%
Min: -1.41%

In the Specialized REITs industry, Net Profit Margin is often not the primary profitability metric.

HASI

56.17%

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 20.08%
Q3: 18.34%
Median: 16.36%
Q1: 12.08%
Min: 11.08%

HASI’s Net Profit Margin of 56.17% is exceptionally high, placing it well beyond the typical range for the Mortgage Real Estate Investment Trusts (REITs) industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

EQIX vs. HASI: A comparison of their Net Profit Margin (TTM) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Operating Profit Margin (TTM)

EQIX

16.39%

Specialized REITs Industry

Max: 107.13%
Q3: 54.03%
Median: 42.12%
Q1: 16.28%
Min: 5.86%

In the Specialized REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

HASI

78.12%

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 18.89%
Q3: 18.81%
Median: 13.59%
Q1: 7.26%
Min: -0.63%

HASI’s Operating Profit Margin of 78.12% is exceptionally high, placing it well above the typical range for the Mortgage Real Estate Investment Trusts (REITs) industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

EQIX vs. HASI: A comparison of their Operating Profit Margin (TTM) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Profitability at a Glance

Symbol	EQIX	HASI
Return on Equity (TTM)	7.22%	8.66%
Return on Assets (TTM)	2.73%	2.85%
Net Profit Margin (TTM)	11.11%	56.17%
Operating Profit Margin (TTM)	16.39%	78.12%
Gross Profit Margin (TTM)	50.11%	27.47%

Financial Strength

Current Ratio (MRQ)

EQIX

1.54

Specialized REITs Industry

Max: 1.74
Q3: 1.08
Median: 0.58
Q1: 0.34
Min: 0.10

EQIX’s Current Ratio of 1.54 is in the upper quartile for the Specialized REITs industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

HASI

10.81

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 10.81
Q3: 6.99
Median: 0.42
Q1: 0.12
Min: 0.01

For the Mortgage Real Estate Investment Trusts (REITs) industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

EQIX vs. HASI: A comparison of their Current Ratio (MRQ) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Debt-to-Equity Ratio (MRQ)

EQIX

1.44

Specialized REITs Industry

Max: 5.86
Q3: 3.80
Median: 1.22
Q1: 0.73
Min: 0.16

EQIX’s Debt-to-Equity Ratio of 1.44 is typical for the Specialized REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

HASI

1.88

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 8.75
Q3: 5.86
Median: 3.93
Q1: 3.23
Min: 1.88

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Mortgage Real Estate Investment Trusts (REITs) industry.

EQIX vs. HASI: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Interest Coverage Ratio (TTM)

EQIX

4.05

Specialized REITs Industry

Max: 5.24
Q3: 3.92
Median: 2.94
Q1: 2.07
Min: 1.14

EQIX’s Interest Coverage Ratio of 4.05 is in the upper quartile for the Specialized REITs industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

HASI

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Mortgage Real Estate Investment Trusts (REITs) industry.

EQIX vs. HASI: A comparison of their Interest Coverage Ratio (TTM) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Financial Strength at a Glance

Symbol	EQIX	HASI
Current Ratio (MRQ)	1.54	10.81
Quick Ratio (MRQ)	1.54	10.81
Debt-to-Equity Ratio (MRQ)	1.44	1.88
Interest Coverage Ratio (TTM)	4.05	--

Growth

Revenue Growth

EQIX vs. HASI: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

EQIX vs. HASI: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

EQIX

2.29%

Specialized REITs Industry

Max: 6.92%
Q3: 5.29%
Median: 4.71%
Q1: 3.25%
Min: 2.16%

EQIX’s Dividend Yield of 2.29% is in the lower quartile for the Specialized REITs industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

HASI

5.15%

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 16.10%
Q3: 13.14%
Median: 10.97%
Q1: 9.39%
Min: 5.33%

HASI’s Dividend Yield of 5.15% is below the typical range for the Mortgage Real Estate Investment Trusts (REITs) industry. This indicates that shareholder returns are likely driven more by potential capital appreciation than by dividend income.

EQIX vs. HASI: A comparison of their Dividend Yield (TTM) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Dividend Payout Ratio (TTM)

EQIX

133.04%

Specialized REITs Industry

Max: 338.69%
Q3: 202.75%
Median: 125.21%
Q1: 107.89%
Min: 16.73%

EQIX’s Dividend Payout Ratio of 133.04% is within the typical range for the Specialized REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

HASI

67.75%

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 224.87%
Q3: 211.76%
Median: 173.38%
Q1: 125.80%
Min: 67.75%

HASI’s Dividend Payout Ratio of 67.75% is in the lower quartile for the Mortgage Real Estate Investment Trusts (REITs) industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

EQIX vs. HASI: A comparison of their Dividend Payout Ratio (TTM) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Dividend at a Glance

Symbol	EQIX	HASI
Dividend Yield (TTM)	2.29%	5.15%
Dividend Payout Ratio (TTM)	133.04%	67.75%

Valuation

Price-to-Earnings Ratio (TTM)

EQIX

77.11

Specialized REITs Industry

Max: 119.95
Q3: 64.19
Median: 27.78
Q1: 23.88
Min: 5.25

The P/E Ratio is often not the primary metric for valuation in the Specialized REITs industry.

HASI

19.01

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 26.90
Q3: 19.48
Median: 18.36
Q1: 12.64
Min: 7.82

The P/E Ratio is often not the primary metric for valuation in the Mortgage Real Estate Investment Trusts (REITs) industry.

EQIX vs. HASI: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Price-to-Sales Ratio (TTM)

EQIX

8.57

Specialized REITs Industry

Max: 10.35
Q3: 8.84
Median: 8.28
Q1: 5.39
Min: 1.68

EQIX’s P/S Ratio of 8.57 aligns with the market consensus for the Specialized REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

HASI

10.68

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 3.98
Q3: 3.48
Median: 2.39
Q1: 1.89
Min: 1.28

With a P/S Ratio of 10.68, HASI trades at a valuation that eclipses even the highest in the Mortgage Real Estate Investment Trusts (REITs) industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

EQIX vs. HASI: A comparison of their Price-to-Sales Ratio (TTM) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Price-to-Book Ratio (MRQ)

EQIX

5.52

Specialized REITs Industry

Max: 13.73
Q3: 7.48
Median: 2.56
Q1: 1.70
Min: 0.71

EQIX’s P/B Ratio of 5.52 is within the conventional range for the Specialized REITs industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

HASI

1.30

Mortgage Real Estate Investment Trusts (REITs) Industry

Max: 1.06
Q3: 0.99
Median: 0.91
Q1: 0.80
Min: 0.69

At 1.30, HASI’s P/B Ratio is at an extreme premium to the Mortgage Real Estate Investment Trusts (REITs) industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

EQIX vs. HASI: A comparison of their Price-to-Book Ratio (MRQ) against their respective Specialized REITs and Mortgage Real Estate Investment Trusts (REITs) industry benchmarks.

Valuation at a Glance

Symbol	EQIX	HASI
Price-to-Earnings Ratio (TTM)	77.11	19.01
Price-to-Sales Ratio (TTM)	8.57	10.68
Price-to-Book Ratio (MRQ)	5.52	1.30
Price-to-Free Cash Flow Ratio (TTM)	214.71	38.50