GDS Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	8,609	6,993	4,619	1,738	3,929	8,814
Market Cap Growth	17.35%	51.40%	165.78%	-55.77%	-55.42%	-49.64%
Enterprise Value	13,317	41,358	41,690	38,857	40,382	35,199
Last Close Price	42.97	34.90	23.76	9.12	20.62	47.16
PE Ratio	65.78	55.49	9.47	-	-	-
Forward PE	97.42	81.35	-	-	-	-
PS Ratio	5.24	0.61	0.45	0.18	0.42	1.13
PB Ratio	2.18	0.27	0.21	0.09	0.20	0.36
P/TBV Ratio	0.34	0.28	0.20	-	-	-
P/FCF Ratio	-	-5.62	-3.75	-1.54	-1.29	-1.04
P/OCF Ratio	17.81	2.08	2.38	0.84	1.40	7.34
EV/Sales Ratio	8.15	3.62	4.04	3.97	4.36	4.50
EV/EBITDA Ratio	18.76	12.15	9.49	33.46	10.53	11.05
EV/EBIT Ratio	61.87	-741.85	36.19	-17.60	56.62	61.81
EV/FCF Ratio	-	-33.21	-33.87	-34.43	-13.21	-4.14
Debt / Equity Ratio	1.68	1.68	1.85	2.15	2.11	1.43
Debt / EBITDA Ratio	13.96	13.96	10.12	37.91	11.66	11.86
Debt / FCF Ratio	-38.16	-38.16	-36.12	-39.00	-14.62	-4.45
Net Debt / Equity Ratio	1.29	1.29	1.63	1.93	1.82	1.06
Net Debt / EBITDA Ratio	9.76	9.76	8.31	31.54	9.37	8.10
Net Debt / FCF Ratio	-26.67	-26.67	-29.67	-32.45	-11.75	-3.04
Asset Turnover	0.04	0.15	0.14	0.13	0.13	0.12
Quick Ratio	2.35	2.35	1.21	1.19	1.06	1.02
Current Ratio	2.60	2.60	1.28	1.32	1.13	1.07
Return on Equity (ROE)	3.73%	3.73%	15.09%	-20.90%	-5.41%	-4.53%
Return on Assets (ROA)	-0.12%	-0.12%	1.16%	-2.97%	0.65%	0.66%
Return on Invested Capital (ROIC)	-0.15%	-0.15%	1.38%	-3.54%	0.83%	0.95%
Return on Capital Employed (ROCE)	-0.08%	-0.08%	1.76%	-3.39%	1.17%	1.06%
Earnings Yield	1.49%	1.80%	10.56%	0.00%	0.00%	0.00%
FCF Yield	-2.11%	-17.81%	-26.65%	-64.95%	-77.79%	-96.43%
Buyback Yield / Dilution	-	0.00%	0.00%	0.00%	0.00%	-0.02%

Updated Mar 17, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q