IHS Holding Limited (IHS)
NYSE: IHS · Real-Time Price · USD
8.47
-0.02 (-0.18%)
Nov 11, 2026, 11:50 AM EST - Market open

IHS Holding Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6811,5821,5271,9251,9611,580
Revenue Growth
12.89%3.59%-20.68%-1.84%24.15%12.58%
Gross Profit
911884.1818.2982.5859.38738.04
Operating Income
492.6657534.1608.9490.76436.75
Net Income
-17143.6-1,632-1,977-459.01-25.83
Earnings Per Share
-0.050.42-4.90-5.93-1.39-0.09
EPS Growth
------

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Nigeria
1,069998.51,3821,3521,147
Sub Saharan Africa Business (SSA)
513.2483.8503412.82343.95
Middle East and North Africa Business (MENA)
-44.940.736.0729.35
Total
1,5821,5271,9251,9611,580

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,836825.7578294.39514.08916.49
Total Debt
3,5103,5103,9014,1133,9502,985
Net Cash (Debt)
-1,673-2,684-3,323-3,818-3,436-2,069
Net Cash Growth
------
Net Cash Per Share
-4.87-7.86-9.98-11.46-10.38-6.87

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
865.6936.2729.4853.5907.3750.19
Capital Expenditures
-215.4-252-265.1-576-543.68-397.42
Free Cash Flow
650.2684.2464.3277.5363.63352.77
Free Cash Flow Growth
-16.72%47.36%67.31%-23.69%3.08%-13.65%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
54.19%55.88%53.57%51.03%43.82%46.72%
Operating Margin
29.30%41.53%34.97%31.63%25.02%27.65%
Pretax Margin
32.33%43.67%-92.37%-94.22%-27.74%-0.52%
Profit Margin
-1.01%9.08%-106.86%-102.67%-23.40%-1.64%
FCF Margin
38.68%43.25%30.40%14.41%18.54%22.33%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-17.43----
Forward PE
11.4413.6917.4111.5222.3065.66
P/FCF Ratio
4.393.662.105.525.6113.11
PS Ratio
1.701.580.640.801.042.93