IHS Holding Ltd
IHS NYSE· Radiotelephone Communications
Last close · Nov 9, 2026
$8.44
Latest quarter · Q4 '25 results quarter ended Dec 31, 2025 · vs Q4 '24
| Line | Q4 '24 | Q4 '25 | Change (y/y) |
|---|---|---|---|
| Revenue | $254M | $254M | 0.1% |
| Net income | $247M | −$75.9M | 130.8% |
| Diluted EPS | $0.74 | −$0.22 | 129.7% |
| Operating margin | 132.8% | 138.6% | 5.8 pts |
| Free cash flow | $283M | $179M | 36.9% |
Key numbers, fiscal 2025
Market cap
$2.8B
P/E
20.1x
Revenue
$1.6B
Net income
$144M
Free cash flow
$719M
Operating margin
51.9%
IHS Holding Ltd in 30 seconds fiscal 2025
Are sales growing?
+3.6%
Only a little. Sales grew 3.6% last year.
Does it make a profit?
9.1%
A little. It keeps 9.1% of every sale as profit.
Does profit turn into cash?
45.4%
Yes. 45.4% of sales ends up as free cash.
Is debt under control?
$2.3B
Risky. It owes more than it holds in cash and has no operating profit to repay it.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
How is the share priced?
20.1x
One share costs 20.1 times its yearly profit per share.
What IHS Holding Ltd does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Mar 16, 2026
- Legal name
- IHS Holding Ltd
- CIK
- 0001876183
IHS Holding Ltd · IHS · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.6B | $2.0B | $1.9B | $1.5B | $1.6B |
| Revenue growth | 12.6% | 24.2% | −1.8% | −20.7% | 3.6% |
| Gross margin | 42.6% | 41.0% | 46.2% | 52.0% | 55.4% |
| Operating margin | 24.6% | 15.9% | 27.2% | 39.5% | 51.9% |
| Net income | −$25.8M | −$459M | −$2.0B | −$1.6B | $144M |
| Net margin | −1.6% | −23.4% | −102.7% | −106.9% | 9.1% |
| Diluted EPS | −$0.09 | −$1.39 | −$5.93 | −$4.90 | $0.42 |
| Cash | |||||
| Cash from operations | $750M | $907M | $854M | $729M | $936M |
| Capital expenditure | $238M | $379M | $465M | $235M | $218M |
| Free cash flow | $512M | $529M | $389M | $494M | $719M |
| FCF margin | 32.4% | 27.0% | 20.2% | 32.4% | 45.4% |
| Share buybacks | — | — | $10.0M | — | — |
| Share count change | 1.3% | 2.9% | 0.7% | −0.0% | 0.6% |
| Debt and strength | |||||
| Cash and short-term investments | $916M | $514M | $294M | $578M | $826M |
| Debt incl. finance leases | $2.6B | $3.3B | $3.5B | $3.3B | $3.1B |
| Shareholders' equity | $1.5B | $1.1B | $110M | −$473M | −$251M |
| Net debt / EBITDA | 2.2x | 3.6x | 3.4x | 2.9x | — |
| Current ratio | 1.7x | 1.0x | 0.8x | 1.4x | 2.1x |
| Interest coverage | 2.2x | 0.4x | 0.2x | 0.3x | 2.3x |
| Returns and quality | |||||
| Return on capital | 9.5% | 6.2% | 12.5% | 20.8% | 34.9% |
| Return on equity | −1.9% | −34.6% | −318.1% | — | — |
| Piotroski F-score | 6 | 3 | 4 | 5 | 7 |
| Altman Z'' | −0.1 | −1.2 | −2.8 | −4.1 | −1.9 |
Insider trades 12 months
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$2.8M
3 insiders
Of sales under plans
100%
$2.8M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
IHS Holding Ltd · IHS · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001876183). Latest version: stoqly.net/companies/ihs. Data updated November 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.