IHS Holding Limited (IHS)
NYSE: IHS · Real-Time Price · USD
8.47
-0.02 (-0.18%)
Nov 11, 2026, 12:04 PM EST - Market open
IHS Holding Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | -17 | 143.6 | -1,632 | -1,977 | -459.01 | -25.83 |
Depreciation & Amortization | 111.7 | 217.5 | 219.1 | 307.1 | 467.28 | 383.61 |
Other Amortization | 3.5 | 2.9 | 9.8 | 9.5 | 11.26 | 12.24 |
Loss (Gain) From Sale of Assets | 290.6 | 277.1 | -60.7 | -3.8 | 3.38 | -2.5 |
Asset Writedown & Restructuring Costs | 67.9 | 4.6 | 102.7 | 87.7 | 159.75 | 51.11 |
Stock-Based Compensation | 164.2 | 29.1 | 27.9 | 13.4 | 13.27 | 11.78 |
Provision & Write-off of Bad Debts | 10.3 | 18.2 | - | 7.2 | -4.45 | -34.03 |
Other Operating Activities | 623.5 | 642.9 | 2,277 | 2,572 | 762.06 | 423.64 |
Change in Accounts Receivable | 37.9 | 1.4 | -200.6 | -295.3 | -141.72 | -164.38 |
Change in Inventory | -42.5 | -10.8 | -15 | 11.2 | -37.75 | 6.69 |
Change in Accounts Payable | 12.8 | 22.6 | 56.9 | 59.1 | 133.23 | 87.87 |
Operating Cash Flow | 865.6 | 936.2 | 729.4 | 853.5 | 907.3 | 750.19 |
Operating Cash Flow Growth | -16.26% | 28.35% | -14.54% | -5.93% | 20.94% | 18.09% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -215.4 | -252 | -265.1 | -576 | -543.68 | -397.42 |
Sale of Property, Plant & Equipment | 0.2 | 2 | 26.7 | 2.9 | 1.83 | 4.74 |
Cash Acquisitions | - | - | - | -4.5 | -735.74 | -401.04 |
Divestitures | 992.6 | 169.8 | 119 | - | - | - |
Sale (Purchase) of Intangibles | -0.7 | -0.1 | -4 | -22.8 | -15.7 | -5.05 |
Investment in Securities | -2.8 | 15.3 | 167.8 | -147.1 | -241.27 | -103.65 |
Other Investing Activities | 20.1 | 42.7 | 18.8 | 25.3 | 17.27 | 24.47 |
Investing Cash Flow | 794 | -22.3 | 63.2 | -722.2 | -1,517 | -877.95 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Long-Term Debt Issued | - | 195.9 | 2,208 | 986.6 | 1,263 | 1,076 |
Long-Term Debt Repaid | - | -428.4 | -2,205 | -762.8 | -583.13 | -716.83 |
Lease Payments | -49.4 | -41.5 | -55.2 | -72.9 | -76.63 | -63.32 |
Net Debt Issued (Repaid) | -117.9 | -232.5 | 3.9 | 223.8 | 680.14 | 359.24 |
Issuance of Common Stock | - | - | - | - | - | 378 |
Repurchase of Common Stock | - | - | - | -10 | - | - |
Other Financing Activities | -348.8 | -411.6 | -434.9 | -376.1 | -281.9 | -212.97 |
Financing Cash Flow | -466.7 | -644.1 | -431 | -162.3 | 398.24 | 524.27 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Foreign Exchange Rate Adjustments | -8.1 | 5.5 | -77.4 | -189.3 | -190.67 | -65.43 |
Net Cash Flow | 1,185 | 275.3 | 284.2 | -220.3 | -402.41 | 331.07 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 650.2 | 684.2 | 464.3 | 277.5 | 363.63 | 352.77 |
Free Cash Flow Growth | -16.72% | 47.36% | 67.31% | -23.69% | 3.08% | -13.65% |
Free Cash Flow Margin | 38.68% | 43.25% | 30.40% | 14.41% | 18.54% | 22.33% |
Free Cash Flow Per Share | 1.89 | 2.00 | 1.39 | 0.83 | 1.10 | 1.17 |
Levered Free Cash Flow | 240.01 | -711.79 | 184.56 | -114.3 | -17.55 | 138.66 |
Unlevered Free Cash Flow | 480.08 | -513.48 | 414.18 | 108.02 | 182.85 | 271.23 |
Free Cash Flow After Leases | 600.8 | 642.7 | 409.1 | 204.6 | 287 | 289.44 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash Interest Paid | 124 | 387.4 | 401.8 | 357.4 | 270.75 | 201.21 |
Cash Income Tax Paid | 6 | 44.7 | 38.6 | 45.4 | 51.25 | 29.15 |
Change in Working Capital | 8.2 | 13.2 | -158.7 | -225 | -46.24 | -69.83 |