IHS Holding Limited

IHS Real Estate Real Estate Services

IHS Holding Limited’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 3.59% from fiscal 2024.

Revenue
+10.4%
EPS
−127.3%
Free cash flow
−41.3%
Total debt
−8.51%

Quarter to June 2026, against a year earlier

8.45 0.03 −0.35%
Market cap
$2.9B
P/E
20.1×
Fwd P/E
11.9×
Dividend yield
—
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

IHS Holding Limited (IHS) Free cash flow margin

Alert me on Free cash flow margin

IHS Holding Limited's free cash flow margin over the twelve months to 30 June 2026 was 39.2%, down 4.2 percentage points from fiscal 2025 (43.4%). Over the past ten years it has ranged from 12.1% (fiscal 2023) to 43.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Real Estate Services industry median of 0.00% and above the Real Estate sector median of 9.51%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 43.4% 11.48
FY2024 31.9% 19.77
FY2023 12.1% (5.71)
FY2022 17.8% (4.48)
FY2021 22.3% (6.79)
FY2020 29.1% (2.26)
FY2019 31.4% 5.32
FY2018 26.0% —

Against its own ten years

Low 12.1% High 43.4%
Ten-year median 27.6%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
IHS IHS Holding Limited 39.2%
NMRK Newmark Group, Inc. compare 22.1%
MMI Marcus & Millichap, Inc. compare 10.4%
FSV FirstService Corporation compare 5.25%
CIGI Colliers International Group Inc. compare 3.78%
CWK Cushman & Wakefield PLC compare 1.82%
COMP Compass, Inc. compare 1.22%
OPEN Opendoor Technologies Inc. compare −51.8%
HBNB Hotel101 Global Holdings Corp. compare —
Real Estate Services industry median 0.00%
Real Estate sector median 9.51%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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