Equinix Inc vs Royal Bank of Canada — how do they compare? Equinix Inc trades at $1,032.41 (market cap $101.87B), while Royal Bank of Canada trades at $210.44 (market cap $292.32B). The key difference: Royal Bank of Canada is far larger — about 2.9× Equinix Inc's market cap, and Royal Bank of Canada pays the higher dividend (2.37%). Which is the better fit depends on your goals.
| EQIX | RY | |
|---|---|---|
Market Cap | $101.87B | $292.32B |
Sector | Real Estate | Financials |
52-Week High | $1.12K | $217.87 |
52-Week Low | $726.09 | $134.80 |
Enterprise Value | $123.00B | — |
Dividend Yield | 2% | 2.37% |
Trailing returns across standard periods
Latest headlines on both assets
Equinix is a retail provider of data centers, enabling hundreds of enterprise tenants to house their servers and networking equipment in a collocated environment. Tenants can then connect with each other, through cloud service providers and telecom networks. Equinix operates 240 data centers in 66 markets worldwide and owns just less than half of them. The firm has roughly 10,000 customers, including 2,000 networks, that are dispersed over five verticals: Cloud and IT Services, Content Providers, Network and Mobile Services, Financial Services, and Enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from connecting customers with each other. Equinix operates as a real estate investment trust.
Read more on EQIX →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →