IHS Holding Limited (IHS)
NYSE: IHS · Real-Time Price · USD
8.40
+0.04 (0.48%)
Aug 21, 2026, 4:00 PM EDT - Market closed

IHS Holding Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6461,5821,5271,9251,9611,580
Revenue Growth
13.15%3.59%-20.68%-1.84%24.15%12.58%
Gross Profit
889.1884.1818.2982.5859.38738.04
Operating Income
549.5657534.1608.9490.76436.75
Net Income
142.1143.6-1,632-1,977-459.01-25.83
Earnings Per Share
0.410.42-4.90-5.93-1.39-0.09
EPS Growth
25.21%-----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Nigeria
1,1201,069998.51,3821,3521,147
Sub Saharan Africa Business (SSA)
525.4513.2483.8503412.82343.95
Middle East and North Africa Business (MENA)
--44.940.736.0729.35
Total
1,6461,5821,5271,9251,9611,580

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,074825.7578294.39514.08916.49
Total Debt
3,4903,5103,9014,1133,9502,985
Net Cash (Debt)
-2,416-2,684-3,323-3,818-3,436-2,069
Net Cash Growth
------
Net Cash Per Share
-7.03-7.86-9.98-11.46-10.38-6.87

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
876.8936.2729.4853.5907.3750.19
Capital Expenditures
-233-252-265.1-576-543.68-397.42
Free Cash Flow
643.8684.2464.3277.5363.63352.77
Free Cash Flow Growth
-10.12%47.36%67.31%-23.69%3.08%-13.65%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
54.03%55.88%53.57%51.03%43.82%46.72%
Operating Margin
33.39%41.53%34.97%31.63%25.02%27.65%
Pretax Margin
39.00%43.67%-92.37%-94.22%-27.74%-0.52%
Profit Margin
8.63%9.08%-106.86%-102.67%-23.40%-1.64%
FCF Margin
39.12%43.25%30.40%14.41%18.54%22.33%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
5.1117.43----
Forward PE
7.9213.6917.4111.5222.3065.66
P/FCF Ratio
4.393.662.105.525.6113.11
PS Ratio
1.721.580.640.801.042.93