Financial Snapshot

Revenue
$1.783B
TTM
Gross Margin
49.2%
TTM
Net Earnings
-$2.358B
TTM
Current Assets
$852.7M
Q3 2024
Current Liabilities
$740.4M
Q3 2024
Current Ratio
115.17%
Q3 2024
Total Assets
$4.571B
Q3 2024
Total Liabilities
$5.044B
Q3 2024
Book Value
-$472.4M
Q3 2024
Cash
$397.5M
Q3 2024
P/E
-0.4563
Nov 29, 2024 EST
Free Cash Flow
$245.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $2.126B $1.961B $1.580B $1.403B $1.231B $1.168B
YoY Change 8.37% 24.15% 12.58% 13.98% 5.39%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $2.126B $1.961B $1.580B $1.403B $1.231B $1.168B
Cost Of Revenue $1.096B $1.119B $856.3M $810.8M $789.4M $760.6M
Gross Profit $1.030B $842.6M $723.5M $592.3M $441.7M $407.5M
Gross Profit Margin 48.45% 42.96% 45.8% 42.21% 35.88% 34.89%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $391.5M $482.5M $321.0M $227.7M $543.9M $141.8M
YoY Change -18.86% 50.33% 40.95% -58.13% 283.64%
% of Gross Profit 38.01% 57.27% 44.37% 38.45% 123.13% 34.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $435.6M $469.3M $382.9M $408.7M $384.5M $317.3M
YoY Change -7.17% 22.56% -6.31% 6.28% 21.18%
% of Gross Profit 42.29% 55.69% 52.92% 68.99% 87.05% 77.86%
Operating Expenses $415.4M $488.7M $286.5M $233.5M $571.4M $192.9M
YoY Change -15.0% 70.58% 22.66% -59.13% 196.25%
Operating Profit $614.5M $353.9M $437.0M $358.8M -$129.7M $214.6M
YoY Change 73.65% -19.01% 21.8% -376.66% -160.42%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$412.4M -$304.8M -$187.2M -$60.66M -$177.6M -$162.5M
YoY Change 35.3% 62.83% 208.58% -65.84% 9.32%
% of Operating Profit -67.11% -86.13% -42.84% -16.91% -75.68%
Other Income/Expense, Net -$1.999B -$551.4M -$209.3M -$424.1M -$75.28M -$129.5M
YoY Change 262.51% 163.43% -50.65% 463.45% -41.87%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$1.881B -$543.9M -$8.141M -$152.9M -$410.0M -$86.02M
YoY Change 245.8% 6580.38% -94.67% -62.72% 376.59%
Income Tax $107.5M -$73.45M $17.98M $169.8M $13.52M $46.75M
% Of Pretax Income
Net Earnings -$1.988B -$470.4M -$25.83M -$322.0M -$423.5M -$132.8M
YoY Change 322.66% 1720.99% -91.98% -23.97% 218.97%
Net Earnings / Revenue -93.54% -23.98% -1.64% -22.95% -34.4% -11.37%
Basic Earnings Per Share
Diluted Earnings Per Share -$5.93 -$1.37 -$85.77K -$981.5K -$1.291M -$404.7K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $293.8M $514.1M $916.5M $585.4M $898.8M
YoY Change -42.84% -43.91% 56.55% -34.87%
Cash & Equivalents $293.8M $514.1M $916.5M $585.4M $898.8M
Short-Term Investments
Other Short-Term Assets $90.96M $49.93M $40.81M $64.39M $17.87M
YoY Change 82.2% 22.33% -36.61% 260.33%
Inventory $40.59M $74.22M $42.02M $49.22M $48.71M
Prepaid Expenses
Receivables $212.3M $211.0M $222.8M $200.7M $175.7M
Other Receivables $334.9M $403.7M $205.7M $89.64M $82.58M
Total Short-Term Assets $972.6M $1.253B $1.428B $989.3M $1.224B
YoY Change -22.37% -12.25% 44.32% -19.15%
Property, Plant & Equipment $2.627B $3.039B $2.229B $1.906B $1.907B
YoY Change -13.56% 36.33% 16.96% -0.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $13.00K $10.00K $11.00K $8.000K $11.00K
YoY Change 30.0% -9.09% 37.5% -27.27%
Other Assets $127.2M $167.6M $224.2M $189.6M $66.20M
YoY Change -24.12% -25.24% 18.29% 186.35%
Total Long-Term Assets $4.392B $5.068B $4.046B $3.458B $2.941B
YoY Change -13.34% 25.26% 16.99% 17.59%
Total Assets $5.365B $6.321B $5.474B $4.448B $4.165B
YoY Change
Accounts Payable $330.6M $443.0M $342.8M $301.8M $338.4M
YoY Change -25.36% 29.2% 13.59% -10.81%
Accrued Expenses $46.28M $45.33M $53.45M $27.48M $18.87M
YoY Change 2.1% -15.18% 94.52% 45.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $545.3M $525.4M $258.2M $214.4M $122.0M
YoY Change 3.8% 103.48% 20.44% 75.71%
Total Short-Term Liabilities $1.222B $1.266B $830.6M $683.6M $566.5M
YoY Change -3.51% 52.47% 21.49% 20.69%
Long-Term Debt $3.568B $3.424B $2.727B $2.304B $2.118B
YoY Change 4.2% 25.54% 18.38% 8.74%
Other Long-Term Liabilities $90.76M $85.99M $71.91M $59.03M $29.80M
YoY Change 5.54% 19.58% 21.81% 98.09%
Total Long-Term Liabilities $3.658B $3.510B $2.799B $2.363B $2.148B
YoY Change 4.24% 25.39% 18.47% 9.98%
Total Liabilities $5.255B $5.189B $3.891B $3.238B $2.734B
YoY Change 1.26% 33.38% 20.17% 18.41%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.0758 Billion

About IHS Holding Ltd

IHS Holding Ltd. provides mobile telecommunications infrastructure services. The firm provides a range of communications infrastructure solutions and managed services, including colocation and lease amendments, new sites, inbuilding solutions, small cell, fiber connectivity and rural telephony. The Company’s customers include mobile network operators (MNOs), Internet service providers, broadcasters, security functions and private corporations needing point-to-point secure communications. Lease amendments services involve installing additional equipment or providing ancillary services for existing customers at existing towers. The firm has approximately 40,000 towers across its 11 markets, including Brazil, Cameroon, Colombia, Cote d’Ivoire, Egypt, Kuwait, Nigeria, Peru, Rwanda, South Africa and Zambia.

Industry: Communications Equipment, NEC Peers: