IHS Holding Limited share price today
IHS Holding Limited · IHS · Real Estate · Real Estate Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
IHS Holding Limited share price: $8.48 at the close on 4 November 2026, +28.3% in a year.
IHS Holding Limited's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.
The price has been rising for 81 weeks, and the P/E is lower than 61% of its own last 4.6 years. But the balance sheet is under water: net worth is negative, so shareholders come after everyone the company owes. What will decide it: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first.
What is the IHS Holding Limited share price today?
IHS Holding Limited's share price was $8.48 at the close on 4 November 2026. It has been rising for 81 weeks. That is 2.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between $6 and $8, and at that close it was at the high of that range.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today IHS Holding Limited is in stage 2. The phase helps read everything below.
Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row.
1Y
Nov 2026: $8.48, 2.5% above its 200-day average. The price has been rising for 81 weeks.
- Price $8.48
- 50-day avg $8.43
- 200-day avg $8.27
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | $6.85 | $6.92 | $5.59 |
| 7 Nov 2025 | $6.61 | $6.85 | $5.67 |
| 14 Nov 2025 | $6.24 | $6.79 | $5.74 |
| 21 Nov 2025 | $6.28 | $6.68 | $5.81 |
| 28 Nov 2025 | $7.10 | $6.67 | $5.87 |
| 5 Dec 2025 | $7.51 | $6.71 | $5.95 |
| 12 Dec 2025 | $7.35 | $6.79 | $6.05 |
| 19 Dec 2025 | $7.34 | $6.84 | $6.14 |
| 26 Dec 2025 | $7.28 | $6.90 | $6.21 |
| 2 Jan 2026 | $7.35 | $6.95 | $6.28 |
| 9 Jan 2026 | $7.57 | $7.03 | $6.34 |
| 16 Jan 2026 | $7.58 | $7.12 | $6.40 |
| 23 Jan 2026 | $7.69 | $7.21 | $6.46 |
| 30 Jan 2026 | $7.99 | $7.36 | $6.54 |
| 6 Feb 2026 | $8.22 | $7.55 | $6.63 |
| 13 Feb 2026 | $8.29 | $7.69 | $6.71 |
| 20 Feb 2026 | $8.02 | $7.75 | $6.78 |
| 27 Feb 2026 | $8.00 | $7.79 | $6.83 |
| 6 Mar 2026 | $8.08 | $7.86 | $6.88 |
| 13 Mar 2026 | $8.20 | $7.95 | $6.95 |
| 20 Mar 2026 | $8.21 | $8.03 | $7.01 |
| 27 Mar 2026 | $8.21 | $8.08 | $7.07 |
| 2 Apr 2026 | $8.29 | $8.14 | $7.12 |
| 10 Apr 2026 | $8.24 | $8.18 | $7.19 |
| 17 Apr 2026 | $8.25 | $8.17 | $7.25 |
| 24 Apr 2026 | $8.25 | $8.17 | $7.31 |
| 1 May 2026 | $8.20 | $8.18 | $7.36 |
| 8 May 2026 | $8.24 | $8.20 | $7.41 |
| 15 May 2026 | $8.24 | $8.22 | $7.46 |
| 22 May 2026 | $8.39 | $8.24 | $7.51 |
| 29 May 2026 | $8.30 | $8.25 | $7.54 |
| 5 Jun 2026 | $8.30 | $8.26 | $7.57 |
| 12 Jun 2026 | $8.36 | $8.27 | $7.60 |
| 18 Jun 2026 | $8.14 | $8.26 | $7.62 |
| 26 Jun 2026 | $8.24 | $8.26 | $7.65 |
| 2 Jul 2026 | $8.22 | $8.25 | $7.66 |
| 10 Jul 2026 | $8.28 | $8.25 | $7.70 |
| 17 Jul 2026 | $8.15 | $8.25 | $7.73 |
| 24 Jul 2026 | $8.23 | $8.25 | $7.77 |
| 31 Jul 2026 | $8.20 | $8.25 | $7.81 |
| 7 Aug 2026 | $8.35 | $8.24 | $7.85 |
| 14 Aug 2026 | $8.33 | $8.24 | $7.89 |
| 21 Aug 2026 | $8.40 | $8.24 | $7.93 |
| 28 Aug 2026 | $8.36 | $8.25 | $7.97 |
| 4 Sep 2026 | $8.47 | $8.27 | $8.02 |
| 11 Sep 2026 | $8.47 | $8.29 | $8.06 |
| 18 Sep 2026 | $8.42 | $8.32 | $8.10 |
| 25 Sep 2026 | $8.43 | $8.34 | $8.13 |
| 2 Oct 2026 | $8.32 | $8.36 | $8.15 |
| 9 Oct 2026 | $8.43 | $8.38 | $8.18 |
| 16 Oct 2026 | $8.44 | $8.40 | $8.21 |
| 23 Oct 2026 | $8.44 | $8.41 | $8.23 |
| 30 Oct 2026 | $8.46 | $8.42 | $8.25 |
| 4 Nov 2026 | $8.48 | $8.43 | $8.27 |
3Y
Nov 2026: $8.48, 2.5% above its 200-day average. The price has been rising for 81 weeks.
- Price $8.48
- 50-day avg $8.43
- 200-day avg $8.27
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 3 Nov 2023 | $5.62 | $5.59 | $7.61 |
| 10 Nov 2023 | $5.51 | $5.40 | $7.56 |
| 17 Nov 2023 | $5.17 | $5.22 | $7.49 |
| 24 Nov 2023 | $5.06 | $5.21 | $7.44 |
| 1 Dec 2023 | $4.77 | $5.23 | $7.37 |
| 8 Dec 2023 | $4.29 | $5.13 | $7.30 |
| 15 Dec 2023 | $4.18 | $5.02 | $7.22 |
| 22 Dec 2023 | $4.30 | $4.88 | $7.13 |
| 29 Dec 2023 | $4.60 | $4.84 | $7.08 |
| 5 Jan 2024 | $4.39 | $4.80 | $7.02 |
| 12 Jan 2024 | $4.12 | $4.73 | $6.94 |
| 19 Jan 2024 | $4.18 | $4.64 | $6.86 |
| 26 Jan 2024 | $4.06 | $4.50 | $6.74 |
| 2 Feb 2024 | $3.08 | $4.34 | $6.61 |
| 9 Feb 2024 | $3.35 | $4.15 | $6.45 |
| 16 Feb 2024 | $3.15 | $4.00 | $6.29 |
| 23 Feb 2024 | $2.63 | $3.87 | $6.16 |
| 1 Mar 2024 | $2.79 | $3.72 | $6.01 |
| 8 Mar 2024 | $2.40 | $3.53 | $5.86 |
| 15 Mar 2024 | $3.04 | $3.36 | $5.73 |
| 22 Mar 2024 | $3.31 | $3.26 | $5.61 |
| 28 Mar 2024 | $3.53 | $3.22 | $5.52 |
| 5 Apr 2024 | $3.54 | $3.16 | $5.39 |
| 12 Apr 2024 | $3.35 | $3.10 | $5.26 |
| 19 Apr 2024 | $3.32 | $3.13 | $5.10 |
| 26 Apr 2024 | $3.53 | $3.15 | $4.94 |
| 3 May 2024 | $3.80 | $3.22 | $4.80 |
| 10 May 2024 | $3.75 | $3.34 | $4.68 |
| 17 May 2024 | $3.36 | $3.43 | $4.56 |
| 24 May 2024 | $3.34 | $3.49 | $4.44 |
| 31 May 2024 | $3.65 | $3.50 | $4.36 |
| 7 Jun 2024 | $3.39 | $3.49 | $4.27 |
| 14 Jun 2024 | $3.44 | $3.48 | $4.18 |
| 21 Jun 2024 | $3.59 | $3.48 | $4.10 |
| 28 Jun 2024 | $3.20 | $3.49 | $4.03 |
| 5 Jul 2024 | $3.00 | $3.46 | $3.99 |
| 12 Jul 2024 | $2.98 | $3.40 | $3.94 |
| 19 Jul 2024 | $2.87 | $3.31 | $3.88 |
| 26 Jul 2024 | $3.00 | $3.22 | $3.81 |
| 2 Aug 2024 | $2.81 | $3.17 | $3.75 |
| 9 Aug 2024 | $2.90 | $3.13 | $3.69 |
| 16 Aug 2024 | $3.48 | $3.10 | $3.65 |
| 23 Aug 2024 | $3.60 | $3.11 | $3.61 |
| 30 Aug 2024 | $3.29 | $3.11 | $3.56 |
| 6 Sep 2024 | $3.05 | $3.08 | $3.51 |
| 13 Sep 2024 | $3.09 | $3.08 | $3.47 |
| 20 Sep 2024 | $2.98 | $3.09 | $3.42 |
| 27 Sep 2024 | $3.09 | $3.11 | $3.39 |
| 4 Oct 2024 | $3.18 | $3.13 | $3.36 |
| 11 Oct 2024 | $3.02 | $3.15 | $3.33 |
| 18 Oct 2024 | $3.08 | $3.17 | $3.29 |
| 25 Oct 2024 | $3.00 | $3.16 | $3.26 |
| 1 Nov 2024 | $2.82 | $3.10 | $3.23 |
| 8 Nov 2024 | $2.80 | $3.04 | $3.20 |
| 15 Nov 2024 | $2.64 | $2.99 | $3.16 |
| 22 Nov 2024 | $2.96 | $2.96 | $3.16 |
| 29 Nov 2024 | $3.25 | $2.97 | $3.16 |
| 6 Dec 2024 | $3.29 | $2.99 | $3.17 |
| 13 Dec 2024 | $3.24 | $3.02 | $3.18 |
| 20 Dec 2024 | $3.23 | $3.03 | $3.20 |
| 27 Dec 2024 | $3.00 | $3.03 | $3.21 |
| 3 Jan 2025 | $3.37 | $3.04 | $3.21 |
| 10 Jan 2025 | $3.14 | $3.06 | $3.20 |
| 17 Jan 2025 | $3.21 | $3.08 | $3.19 |
| 24 Jan 2025 | $3.74 | $3.13 | $3.19 |
| 31 Jan 2025 | $3.28 | $3.21 | $3.19 |
| 7 Feb 2025 | $3.79 | $3.30 | $3.20 |
| 14 Feb 2025 | $3.95 | $3.37 | $3.21 |
| 21 Feb 2025 | $3.80 | $3.42 | $3.22 |
| 28 Feb 2025 | $3.65 | $3.46 | $3.21 |
| 7 Mar 2025 | $3.56 | $3.50 | $3.22 |
| 14 Mar 2025 | $3.78 | $3.56 | $3.23 |
| 21 Mar 2025 | $5.25 | $3.70 | $3.25 |
| 28 Mar 2025 | $5.32 | $3.92 | $3.30 |
| 4 Apr 2025 | $4.71 | $4.09 | $3.34 |
| 11 Apr 2025 | $4.60 | $4.18 | $3.37 |
| 17 Apr 2025 | $4.94 | $4.30 | $3.40 |
| 25 Apr 2025 | $4.79 | $4.39 | $3.45 |
| 2 May 2025 | $4.90 | $4.49 | $3.50 |
| 9 May 2025 | $5.70 | $4.67 | $3.56 |
| 16 May 2025 | $6.28 | $4.93 | $3.65 |
| 23 May 2025 | $5.38 | $5.13 | $3.72 |
| 30 May 2025 | $5.55 | $5.23 | $3.77 |
| 6 Jun 2025 | $5.64 | $5.28 | $3.83 |
| 13 Jun 2025 | $5.63 | $5.33 | $3.88 |
| 20 Jun 2025 | $5.77 | $5.42 | $3.93 |
| 27 Jun 2025 | $5.56 | $5.51 | $3.99 |
| 3 Jul 2025 | $6.03 | $5.59 | $4.05 |
| 11 Jul 2025 | $5.96 | $5.71 | $4.12 |
| 18 Jul 2025 | $5.89 | $5.81 | $4.20 |
| 25 Jul 2025 | $6.16 | $5.84 | $4.27 |
| 1 Aug 2025 | $6.49 | $5.87 | $4.36 |
| 8 Aug 2025 | $6.65 | $5.99 | $4.45 |
| 15 Aug 2025 | $7.04 | $6.12 | $4.54 |
| 22 Aug 2025 | $7.09 | $6.24 | $4.64 |
| 29 Aug 2025 | $7.25 | $6.39 | $4.75 |
| 5 Sep 2025 | $7.27 | $6.51 | $4.85 |
| 12 Sep 2025 | $7.61 | $6.67 | $4.96 |
| 19 Sep 2025 | $6.84 | $6.76 | $5.05 |
| 26 Sep 2025 | $6.67 | $6.83 | $5.14 |
| 3 Oct 2025 | $6.73 | $6.91 | $5.23 |
| 10 Oct 2025 | $6.43 | $6.94 | $5.32 |
| 17 Oct 2025 | $6.65 | $6.95 | $5.41 |
| 24 Oct 2025 | $6.78 | $6.93 | $5.49 |
| 31 Oct 2025 | $6.85 | $6.92 | $5.59 |
| 7 Nov 2025 | $6.61 | $6.85 | $5.67 |
| 14 Nov 2025 | $6.24 | $6.79 | $5.74 |
| 21 Nov 2025 | $6.28 | $6.68 | $5.81 |
| 28 Nov 2025 | $7.10 | $6.67 | $5.87 |
| 5 Dec 2025 | $7.51 | $6.71 | $5.95 |
| 12 Dec 2025 | $7.35 | $6.79 | $6.05 |
| 19 Dec 2025 | $7.34 | $6.84 | $6.14 |
| 26 Dec 2025 | $7.28 | $6.90 | $6.21 |
| 2 Jan 2026 | $7.35 | $6.95 | $6.28 |
| 9 Jan 2026 | $7.57 | $7.03 | $6.34 |
| 16 Jan 2026 | $7.58 | $7.12 | $6.40 |
| 23 Jan 2026 | $7.69 | $7.21 | $6.46 |
| 30 Jan 2026 | $7.99 | $7.36 | $6.54 |
| 6 Feb 2026 | $8.22 | $7.55 | $6.63 |
| 13 Feb 2026 | $8.29 | $7.69 | $6.71 |
| 20 Feb 2026 | $8.02 | $7.75 | $6.78 |
| 27 Feb 2026 | $8.00 | $7.79 | $6.83 |
| 6 Mar 2026 | $8.08 | $7.86 | $6.88 |
| 13 Mar 2026 | $8.20 | $7.95 | $6.95 |
| 20 Mar 2026 | $8.21 | $8.03 | $7.01 |
| 27 Mar 2026 | $8.21 | $8.08 | $7.07 |
| 2 Apr 2026 | $8.29 | $8.14 | $7.12 |
| 10 Apr 2026 | $8.24 | $8.18 | $7.19 |
| 17 Apr 2026 | $8.25 | $8.17 | $7.25 |
| 24 Apr 2026 | $8.25 | $8.17 | $7.31 |
| 1 May 2026 | $8.20 | $8.18 | $7.36 |
| 8 May 2026 | $8.24 | $8.20 | $7.41 |
| 15 May 2026 | $8.24 | $8.22 | $7.46 |
| 22 May 2026 | $8.39 | $8.24 | $7.51 |
| 29 May 2026 | $8.30 | $8.25 | $7.54 |
| 5 Jun 2026 | $8.30 | $8.26 | $7.57 |
| 12 Jun 2026 | $8.36 | $8.27 | $7.60 |
| 18 Jun 2026 | $8.14 | $8.26 | $7.62 |
| 26 Jun 2026 | $8.24 | $8.26 | $7.65 |
| 2 Jul 2026 | $8.22 | $8.25 | $7.66 |
| 10 Jul 2026 | $8.28 | $8.25 | $7.70 |
| 17 Jul 2026 | $8.15 | $8.25 | $7.73 |
| 24 Jul 2026 | $8.23 | $8.25 | $7.77 |
| 31 Jul 2026 | $8.20 | $8.25 | $7.81 |
| 7 Aug 2026 | $8.35 | $8.24 | $7.85 |
| 14 Aug 2026 | $8.33 | $8.24 | $7.89 |
| 21 Aug 2026 | $8.40 | $8.24 | $7.93 |
| 28 Aug 2026 | $8.36 | $8.25 | $7.97 |
| 4 Sep 2026 | $8.47 | $8.27 | $8.02 |
| 11 Sep 2026 | $8.47 | $8.29 | $8.06 |
| 18 Sep 2026 | $8.42 | $8.32 | $8.10 |
| 25 Sep 2026 | $8.43 | $8.34 | $8.13 |
| 2 Oct 2026 | $8.32 | $8.36 | $8.15 |
| 9 Oct 2026 | $8.43 | $8.38 | $8.18 |
| 16 Oct 2026 | $8.44 | $8.40 | $8.21 |
| 23 Oct 2026 | $8.44 | $8.41 | $8.23 |
| 30 Oct 2026 | $8.46 | $8.42 | $8.25 |
| 4 Nov 2026 | $8.48 | $8.43 | $8.27 |
5Y
Nov 2026: $8.48, 2.5% above its 200-day average. The price has been rising for 81 weeks.
- Price $8.48
- 50-day avg $8.43
- 200-day avg $8.27
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 29 Oct 2021 | $16.82 | – | – |
| 12 Nov 2021 | $16.16 | – | – |
| 26 Nov 2021 | $14.42 | – | – |
| 10 Dec 2021 | $12.98 | – | – |
| 23 Dec 2021 | $14.32 | – | – |
| 7 Jan 2022 | $12.88 | $14.47 | – |
| 21 Jan 2022 | $11.62 | $13.68 | – |
| 4 Feb 2022 | $11.47 | $12.88 | – |
| 18 Feb 2022 | $11.44 | $12.55 | – |
| 4 Mar 2022 | $10.63 | $12.20 | – |
| 18 Mar 2022 | $10.88 | $11.46 | – |
| 1 Apr 2022 | $11.29 | $11.13 | – |
| 14 Apr 2022 | $11.60 | $11.12 | – |
| 29 Apr 2022 | $10.50 | $10.96 | – |
| 13 May 2022 | $10.58 | $10.85 | – |
| 27 May 2022 | $11.80 | $11.03 | – |
| 10 Jun 2022 | $10.65 | $11.26 | – |
| 24 Jun 2022 | $11.00 | $11.12 | – |
| 8 Jul 2022 | $9.37 | $10.90 | – |
| 22 Jul 2022 | $8.17 | $10.46 | – |
| 5 Aug 2022 | $8.01 | $9.96 | $11.88 |
| 19 Aug 2022 | $7.32 | $9.16 | $11.44 |
| 2 Sep 2022 | $6.38 | $8.43 | $10.98 |
| 16 Sep 2022 | $6.52 | $7.76 | $10.61 |
| 30 Sep 2022 | $5.58 | $7.22 | $10.26 |
| 14 Oct 2022 | $5.27 | $6.68 | $9.86 |
| 28 Oct 2022 | $5.94 | $6.18 | $9.47 |
| 11 Nov 2022 | $6.66 | $5.98 | $9.19 |
| 25 Nov 2022 | $7.20 | $6.04 | $8.97 |
| 9 Dec 2022 | $7.05 | $6.22 | $8.74 |
| 23 Dec 2022 | $5.97 | $6.35 | $8.52 |
| 6 Jan 2023 | $6.48 | $6.49 | $8.36 |
| 20 Jan 2023 | $7.72 | $6.73 | $8.19 |
| 3 Feb 2023 | $8.02 | $6.97 | $8.01 |
| 17 Feb 2023 | $7.51 | $7.05 | $7.83 |
| 3 Mar 2023 | $7.92 | $7.22 | $7.70 |
| 17 Mar 2023 | $7.05 | $7.47 | $7.50 |
| 31 Mar 2023 | $8.76 | $7.61 | $7.31 |
| 14 Apr 2023 | $9.04 | $7.79 | $7.23 |
| 28 Apr 2023 | $9.65 | $8.12 | $7.20 |
| 12 May 2023 | $8.48 | $8.46 | $7.24 |
| 26 May 2023 | $7.91 | $8.61 | $7.24 |
| 9 Jun 2023 | $8.27 | $8.76 | $7.26 |
| 23 Jun 2023 | $8.54 | $8.73 | $7.34 |
| 7 Jul 2023 | $9.75 | $8.81 | $7.47 |
| 21 Jul 2023 | $8.93 | $8.79 | $7.64 |
| 4 Aug 2023 | $7.85 | $8.76 | $7.77 |
| 18 Aug 2023 | $6.73 | $8.62 | $7.87 |
| 1 Sep 2023 | $7.60 | $8.36 | $7.93 |
| 15 Sep 2023 | $4.90 | $7.72 | $7.87 |
| 29 Sep 2023 | $5.55 | $6.88 | $7.78 |
| 13 Oct 2023 | $5.02 | $6.28 | $7.74 |
| 27 Oct 2023 | $4.75 | $5.76 | $7.67 |
| 10 Nov 2023 | $5.51 | $5.40 | $7.56 |
| 24 Nov 2023 | $5.06 | $5.21 | $7.44 |
| 8 Dec 2023 | $4.29 | $5.13 | $7.30 |
| 22 Dec 2023 | $4.30 | $4.88 | $7.13 |
| 5 Jan 2024 | $4.39 | $4.80 | $7.02 |
| 19 Jan 2024 | $4.18 | $4.64 | $6.86 |
| 2 Feb 2024 | $3.08 | $4.34 | $6.61 |
| 16 Feb 2024 | $3.15 | $4.00 | $6.29 |
| 1 Mar 2024 | $2.79 | $3.72 | $6.01 |
| 15 Mar 2024 | $3.04 | $3.36 | $5.73 |
| 28 Mar 2024 | $3.53 | $3.22 | $5.52 |
| 12 Apr 2024 | $3.35 | $3.10 | $5.26 |
| 26 Apr 2024 | $3.53 | $3.15 | $4.94 |
| 10 May 2024 | $3.75 | $3.34 | $4.68 |
| 24 May 2024 | $3.34 | $3.49 | $4.44 |
| 7 Jun 2024 | $3.39 | $3.49 | $4.27 |
| 21 Jun 2024 | $3.59 | $3.48 | $4.10 |
| 5 Jul 2024 | $3.00 | $3.46 | $3.99 |
| 19 Jul 2024 | $2.87 | $3.31 | $3.88 |
| 2 Aug 2024 | $2.81 | $3.17 | $3.75 |
| 16 Aug 2024 | $3.48 | $3.10 | $3.65 |
| 30 Aug 2024 | $3.29 | $3.11 | $3.56 |
| 13 Sep 2024 | $3.09 | $3.08 | $3.47 |
| 27 Sep 2024 | $3.09 | $3.11 | $3.39 |
| 11 Oct 2024 | $3.02 | $3.15 | $3.33 |
| 25 Oct 2024 | $3.00 | $3.16 | $3.26 |
| 8 Nov 2024 | $2.80 | $3.04 | $3.20 |
| 22 Nov 2024 | $2.96 | $2.96 | $3.16 |
| 6 Dec 2024 | $3.29 | $2.99 | $3.17 |
| 20 Dec 2024 | $3.23 | $3.03 | $3.20 |
| 3 Jan 2025 | $3.37 | $3.04 | $3.21 |
| 17 Jan 2025 | $3.21 | $3.08 | $3.19 |
| 31 Jan 2025 | $3.28 | $3.21 | $3.19 |
| 14 Feb 2025 | $3.95 | $3.37 | $3.21 |
| 28 Feb 2025 | $3.65 | $3.46 | $3.21 |
| 14 Mar 2025 | $3.78 | $3.56 | $3.23 |
| 28 Mar 2025 | $5.32 | $3.92 | $3.30 |
| 11 Apr 2025 | $4.60 | $4.18 | $3.37 |
| 25 Apr 2025 | $4.79 | $4.39 | $3.45 |
| 9 May 2025 | $5.70 | $4.67 | $3.56 |
| 23 May 2025 | $5.38 | $5.13 | $3.72 |
| 6 Jun 2025 | $5.64 | $5.28 | $3.83 |
| 20 Jun 2025 | $5.77 | $5.42 | $3.93 |
| 3 Jul 2025 | $6.03 | $5.59 | $4.05 |
| 18 Jul 2025 | $5.89 | $5.81 | $4.20 |
| 1 Aug 2025 | $6.49 | $5.87 | $4.36 |
| 15 Aug 2025 | $7.04 | $6.12 | $4.54 |
| 29 Aug 2025 | $7.25 | $6.39 | $4.75 |
| 12 Sep 2025 | $7.61 | $6.67 | $4.96 |
| 26 Sep 2025 | $6.67 | $6.83 | $5.14 |
| 10 Oct 2025 | $6.43 | $6.94 | $5.32 |
| 24 Oct 2025 | $6.78 | $6.93 | $5.49 |
| 7 Nov 2025 | $6.61 | $6.85 | $5.67 |
| 21 Nov 2025 | $6.28 | $6.68 | $5.81 |
| 5 Dec 2025 | $7.51 | $6.71 | $5.95 |
| 19 Dec 2025 | $7.34 | $6.84 | $6.14 |
| 2 Jan 2026 | $7.35 | $6.95 | $6.28 |
| 16 Jan 2026 | $7.58 | $7.12 | $6.40 |
| 30 Jan 2026 | $7.99 | $7.36 | $6.54 |
| 13 Feb 2026 | $8.29 | $7.69 | $6.71 |
| 27 Feb 2026 | $8.00 | $7.79 | $6.83 |
| 13 Mar 2026 | $8.20 | $7.95 | $6.95 |
| 27 Mar 2026 | $8.21 | $8.08 | $7.07 |
| 10 Apr 2026 | $8.24 | $8.18 | $7.19 |
| 24 Apr 2026 | $8.25 | $8.17 | $7.31 |
| 8 May 2026 | $8.24 | $8.20 | $7.41 |
| 22 May 2026 | $8.39 | $8.24 | $7.51 |
| 5 Jun 2026 | $8.30 | $8.26 | $7.57 |
| 18 Jun 2026 | $8.14 | $8.26 | $7.62 |
| 2 Jul 2026 | $8.22 | $8.25 | $7.66 |
| 17 Jul 2026 | $8.15 | $8.25 | $7.73 |
| 31 Jul 2026 | $8.20 | $8.25 | $7.81 |
| 14 Aug 2026 | $8.33 | $8.24 | $7.89 |
| 28 Aug 2026 | $8.36 | $8.25 | $7.97 |
| 11 Sep 2026 | $8.47 | $8.29 | $8.06 |
| 25 Sep 2026 | $8.43 | $8.34 | $8.13 |
| 9 Oct 2026 | $8.43 | $8.38 | $8.18 |
| 23 Oct 2026 | $8.44 | $8.41 | $8.23 |
| 4 Nov 2026 | $8.48 | $8.43 | $8.27 |
Price stage: Rising from Oct 2025 to Nov 2026.
Price stage: Sideways from Nov 2023 to Dec 2023; Falling from Dec 2023 to Nov 2024; Sideways from Nov 2024 to Apr 2025; Rising from Apr 2025 to Nov 2026.
Price stage: Sideways from Mar 2023 to Sep 2023; Sideways from Sep 2023 to Dec 2023; Falling from Dec 2023 to Nov 2024; Sideways from Dec 2024 to Apr 2025; Rising from Apr 2025 to Nov 2026.
Week by week since 2021: did it beat the S&P 500 over the past 13 weeks?
Ahead in 115 of 252 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 15 Oct 2021 | no S&P 500 reading |
| 22 Oct 2021 | no S&P 500 reading |
| 29 Oct 2021 | no S&P 500 reading |
| 5 Nov 2021 | no S&P 500 reading |
| 12 Nov 2021 | no S&P 500 reading |
| 19 Nov 2021 | no S&P 500 reading |
| 26 Nov 2021 | no S&P 500 reading |
| 3 Dec 2021 | no S&P 500 reading |
| 10 Dec 2021 | no S&P 500 reading |
| 17 Dec 2021 | no S&P 500 reading |
| 23 Dec 2021 | no S&P 500 reading |
| 31 Dec 2021 | no S&P 500 reading |
| 7 Jan 2022 | no S&P 500 reading |
| 14 Jan 2022 | −32.6% |
| 21 Jan 2022 | −29.0% |
| 28 Jan 2022 | −29.0% |
| 4 Feb 2022 | −25.5% |
| 11 Feb 2022 | −18.6% |
| 18 Feb 2022 | −16.4% |
| 25 Feb 2022 | −15.8% |
| 4 Mar 2022 | −14.4% |
| 11 Mar 2022 | −11.3% |
| 18 Mar 2022 | −12.5% |
| 25 Mar 2022 | −22.9% |
| 1 Apr 2022 | −15.3% |
| 8 Apr 2022 | −7.5% |
| 14 Apr 2022 | +2.9% |
| 22 Apr 2022 | −0.6% |
| 29 Apr 2022 | −0.4% |
| 6 May 2022 | +3.6% |
| 13 May 2022 | −4.6% |
| 20 May 2022 | +6.4% |
| 27 May 2022 | +8.0% |
| 3 Jun 2022 | +18.6% |
| 10 Jun 2022 | +12.5% |
| 17 Jun 2022 | +11.1% |
| 24 Jun 2022 | +18.6% |
| 1 Jul 2022 | +10.2% |
| 8 Jul 2022 | −4.6% |
| 15 Jul 2022 | −15.0% |
| 22 Jul 2022 | −20.0% |
| 29 Jul 2022 | −18.0% |
| 5 Aug 2022 | −27.2% |
| 12 Aug 2022 | −26.0% |
| 19 Aug 2022 | −41.8% |
| 26 Aug 2022 | −34.6% |
| 2 Sep 2022 | −42.7% |
| 9 Sep 2022 | −45.4% |
| 16 Sep 2022 | −41.2% |
| 23 Sep 2022 | −40.1% |
| 30 Sep 2022 | −41.3% |
| 7 Oct 2022 | −32.4% |
| 14 Oct 2022 | −30.6% |
| 21 Oct 2022 | −31.2% |
| 28 Oct 2022 | −25.4% |
| 4 Nov 2022 | −18.0% |
| 11 Nov 2022 | −15.0% |
| 18 Nov 2022 | +1.1% |
| 25 Nov 2022 | −2.5% |
| 2 Dec 2022 | +8.5% |
| 9 Dec 2022 | +15.7% |
| 16 Dec 2022 | −6.3% |
| 23 Dec 2022 | −3.9% |
| 30 Dec 2022 | +3.1% |
| 6 Jan 2023 | +6.5% |
| 13 Jan 2023 | +33.2% |
| 20 Jan 2023 | +43.0% |
| 27 Jan 2023 | +30.2% |
| 3 Feb 2023 | +27.5% |
| 10 Feb 2023 | +9.3% |
| 17 Feb 2023 | +5.2% |
| 24 Feb 2023 | +4.4% |
| 3 Mar 2023 | +11.3% |
| 10 Mar 2023 | +4.1% |
| 17 Mar 2023 | +14.4% |
| 24 Mar 2023 | +15.9% |
| 31 Mar 2023 | +35.4% |
| 6 Apr 2023 | +30.7% |
| 14 Apr 2023 | +15.1% |
| 21 Apr 2023 | +15.4% |
| 28 Apr 2023 | +18.2% |
| 5 May 2023 | +16.5% |
| 12 May 2023 | +13.1% |
| 19 May 2023 | +6.5% |
| 26 May 2023 | +0.8% |
| 2 Jun 2023 | −0.8% |
| 9 Jun 2023 | +3.3% |
| 16 Jun 2023 | +6.0% |
| 23 Jun 2023 | +10.5% |
| 30 Jun 2023 | +3.4% |
| 7 Jul 2023 | +3.4% |
| 14 Jul 2023 | −6.3% |
| 21 Jul 2023 | −12.9% |
| 28 Jul 2023 | −24.9% |
| 4 Aug 2023 | −24.3% |
| 11 Aug 2023 | −15.7% |
| 18 Aug 2023 | −22.3% |
| 25 Aug 2023 | −14.1% |
| 1 Sep 2023 | −14.1% |
| 8 Sep 2023 | −31.7% |
| 15 Sep 2023 | −42.3% |
| 22 Sep 2023 | −39.2% |
| 29 Sep 2023 | −39.7% |
| 6 Oct 2023 | −41.4% |
| 13 Oct 2023 | −41.9% |
| 20 Oct 2023 | −37.7% |
| 27 Oct 2023 | −32.0% |
| 3 Nov 2023 | −25.7% |
| 10 Nov 2023 | −28.7% |
| 17 Nov 2023 | −26.5% |
| 24 Nov 2023 | −32.9% |
| 1 Dec 2023 | −39.0% |
| 8 Dec 2023 | −31.2% |
| 15 Dec 2023 | −20.5% |
| 22 Dec 2023 | −26.4% |
| 29 Dec 2023 | −28.3% |
| 5 Jan 2024 | −29.3% |
| 12 Jan 2024 | −28.4% |
| 19 Jan 2024 | −30.1% |
| 26 Jan 2024 | −33.2% |
| 2 Feb 2024 | −58.9% |
| 9 Feb 2024 | −53.0% |
| 16 Feb 2024 | −49.9% |
| 23 Feb 2024 | −59.6% |
| 1 Mar 2024 | −53.2% |
| 8 Mar 2024 | −55.3% |
| 15 Mar 2024 | −35.9% |
| 22 Mar 2024 | −33.1% |
| 28 Mar 2024 | −33.3% |
| 5 Apr 2024 | −30.2% |
| 12 Apr 2024 | −25.9% |
| 19 Apr 2024 | −23.2% |
| 26 Apr 2024 | −17.3% |
| 3 May 2024 | +19.9% |
| 10 May 2024 | +8.0% |
| 17 May 2024 | +0.7% |
| 24 May 2024 | +22.7% |
| 31 May 2024 | +28.0% |
| 7 Jun 2024 | +36.9% |
| 14 Jun 2024 | +6.7% |
| 21 Jun 2024 | +4.0% |
| 28 Jun 2024 | −13.4% |
| 5 Jul 2024 | −22.2% |
| 12 Jul 2024 | −20.7% |
| 19 Jul 2024 | −24.4% |
| 26 Jul 2024 | −22.1% |
| 2 Aug 2024 | −30.3% |
| 9 Aug 2024 | −25.0% |
| 16 Aug 2024 | −1.1% |
| 23 Aug 2024 | +1.6% |
| 30 Aug 2024 | −16.7% |
| 6 Sep 2024 | −11.2% |
| 13 Sep 2024 | −13.7% |
| 20 Sep 2024 | −21.4% |
| 27 Sep 2024 | −8.4% |
| 4 Oct 2024 | +2.7% |
| 11 Oct 2024 | −2.2% |
| 18 Oct 2024 | +0.8% |
| 25 Oct 2024 | −6.4% |
| 1 Nov 2024 | −6.8% |
| 8 Nov 2024 | −15.7% |
| 15 Nov 2024 | −29.8% |
| 22 Nov 2024 | −23.7% |
| 29 Nov 2024 | −8.1% |
| 6 Dec 2024 | −4.6% |
| 13 Dec 2024 | −2.7% |
| 20 Dec 2024 | +4.4% |
| 27 Dec 2024 | −7.0% |
| 3 Jan 2025 | +2.7% |
| 10 Jan 2025 | +3.8% |
| 17 Jan 2025 | +2.0% |
| 24 Jan 2025 | +19.7% |
| 31 Jan 2025 | +10.9% |
| 7 Feb 2025 | +34.9% |
| 14 Feb 2025 | +45.5% |
| 21 Feb 2025 | +27.6% |
| 28 Feb 2025 | +13.7% |
| 7 Mar 2025 | +13.5% |
| 14 Mar 2025 | +23.5% |
| 21 Mar 2025 | +67.1% |
| 28 Mar 2025 | +83.9% |
| 4 Apr 2025 | +54.4% |
| 11 Apr 2025 | +54.5% |
| 17 Apr 2025 | +65.8% |
| 25 Apr 2025 | +37.5% |
| 2 May 2025 | +55.2% |
| 9 May 2025 | +56.5% |
| 16 May 2025 | +61.5% |
| 23 May 2025 | +45.1% |
| 30 May 2025 | +52.9% |
| 6 Jun 2025 | +54.4% |
| 13 Jun 2025 | +42.9% |
| 20 Jun 2025 | +4.5% |
| 27 Jun 2025 | −6.2% |
| 3 Jul 2025 | +4.3% |
| 11 Jul 2025 | +12.8% |
| 18 Jul 2025 | +0.0% |
| 25 Jul 2025 | +12.9% |
| 1 Aug 2025 | +22.8% |
| 8 Aug 2025 | +3.8% |
| 15 Aug 2025 | +3.8% |
| 22 Aug 2025 | +20.4% |
| 29 Aug 2025 | +21.2% |
| 5 Sep 2025 | +20.9% |
| 12 Sep 2025 | +25.0% |
| 19 Sep 2025 | +6.9% |
| 26 Sep 2025 | +12.3% |
| 3 Oct 2025 | +4.6% |
| 10 Oct 2025 | +3.2% |
| 17 Oct 2025 | +7.0% |
| 24 Oct 2025 | +3.8% |
| 31 Oct 2025 | −4.2% |
| 7 Nov 2025 | −5.9% |
| 14 Nov 2025 | −15.8% |
| 21 Nov 2025 | −13.6% |
| 28 Nov 2025 | −8.0% |
| 5 Dec 2025 | −2.6% |
| 12 Dec 2025 | −7.1% |
| 19 Dec 2025 | +4.8% |
| 26 Dec 2025 | +4.8% |
| 2 Jan 2026 | +7.1% |
| 9 Jan 2026 | +11.4% |
| 16 Jan 2026 | +9.9% |
| 23 Jan 2026 | +11.7% |
| 30 Jan 2026 | +15.2% |
| 6 Feb 2026 | +21.4% |
| 13 Feb 2026 | +31.4% |
| 20 Feb 2026 | +23.1% |
| 27 Feb 2026 | +12.3% |
| 6 Mar 2026 | +9.5% |
| 13 Mar 2026 | +14.4% |
| 20 Mar 2026 | +16.6% |
| 27 Mar 2026 | +20.9% |
| 2 Apr 2026 | +16.8% |
| 10 Apr 2026 | +11.0% |
| 17 Apr 2026 | +6.2% |
| 24 Apr 2026 | +3.7% |
| 1 May 2026 | −1.5% |
| 8 May 2026 | −6.6% |
| 15 May 2026 | −9.0% |
| 22 May 2026 | −3.5% |
| 29 May 2026 | −6.5% |
| 5 Jun 2026 | −7.0% |
| 12 Jun 2026 | −10.0% |
| 18 Jun 2026 | −16.0% |
| 26 Jun 2026 | −14.6% |
| 2 Jul 2026 | −14.4% |
| 10 Jul 2026 | −10.6% |
| 17 Jul 2026 | −5.9% |
| 24 Jul 2026 | −3.7% |
| 31 Jul 2026 | −3.7% |
| 7 Aug 2026 | −3.5% |
| 14 Aug 2026 | −3.9% |
| 21 Aug 2026 | −2.6% |
| 28 Aug 2026 | −1.0% |
| 4 Sep 2026 | −2.4% |
| 11 Sep 2026 | −1.7% |
| 18 Sep 2026 | +1.4% |
| 25 Sep 2026 | −3.5% |
| 2 Oct 2026 | −2.1% |
| 9 Oct 2026 | −1.3% |
| 16 Oct 2026 | +0.9% |
| 23 Oct 2026 | −0.3% |
| 30 Oct 2026 | +2.0% |
| 4 Nov 2026 | +2.4% |
Over the last 5.1 years the share price moved −49% while the S&P 500 moved +72%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does IHS Holding Limited pay?
IHS Holding Limited pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is IHS Holding Limited on?
IHS Holding Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is IHS Holding Limited profitable?
IHS Holding Limited posted a net loss of $7.5 M in the Jun 2026 quarter. Full-year FY25 profit was $127 M. That loss is 1.7% of the quarter's revenue. The same quarter a year earlier earned $32.3 M. 5 of the last 9 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
Jun 2026 profit was −$7.5 M, −123.2% on a year earlier.
FY25 profit $127 M
- Net profit $127 M
| Quarter | Net profit |
|---|---|
| FY21 | −$26.1 M |
| FY22 | −$469 M |
| FY23 | −$2.0 B |
| FY24 | −$1.6 B |
| FY25 | $127 M |
Jun 2026: −$7.5 M (−123.2% on a year earlier)
- Net profit (quarterly) −$7.5 M
| Quarter | Net profit (quarterly) |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | −$1.6 B |
| Jun 2024 | −$124 M |
| Sep 2024 | −$206 M |
| Mar 2025 | $30.7 M |
| Jun 2025 | $32.3 M |
| Sep 2025 | $147 M |
| Dec 2025 | −$83.5 M |
| Mar 2026 | $77.0 M |
| Jun 2026 | −$7.5 M |
Growth on a year earlier
- Growth on a year earlier −123.2%
| Quarter | Growth on a year earlier |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | 150.8% |
| Jun 2026 | −123.2% |
How much revenue does IHS Holding Limited make, and is it growing?
IHS Holding Limited reported $429 M of revenue in the Jun 2026 quarter, +10.4% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 0.0% a year on average. The last full year, FY25, came in at $1.6 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $1.7 B.
The quarterly figures for FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums.
FY25 revenue was $1.6 B, +3.6% on the year before.
FY25 revenue $1.6 B (+3.6% on the year before), 0.0% a year over 4 years
- Revenue $1.6 B
| Quarter | Revenue |
|---|---|
| FY21 | $1.6 B |
| FY22 | $2.0 B |
| FY23 | $1.9 B |
| FY24 | $1.5 B |
| FY25 | $1.6 B |
Growth on a year earlier
- Growth on a year earlier 3.6%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 24.2% |
| FY23 | −1.8% |
| FY24 | −20.7% |
| FY25 | 3.6% |
Jun 2026: $429 M (+10.4% on a year earlier), the 2nd quarter in a row of growth
- Revenue (quarterly) $429 M
| Quarter | Revenue (quarterly) |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | $418 M |
| Jun 2024 | $435 M |
| Sep 2024 | $420 M |
| Mar 2025 | $392 M |
| Jun 2025 | $388 M |
| Sep 2025 | $455 M |
| Dec 2025 | $398 M |
| Mar 2026 | $415 M |
| Jun 2026 | $429 M |
Growth on a year earlier
- Growth on a year earlier 10.4%
| Quarter | Growth on a year earlier |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Mar 2025 | −6.1% |
| Jun 2025 | −10.8% |
| Sep 2025 | 8.3% |
| Dec 2025 | – |
| Mar 2026 | 5.9% |
| Jun 2026 | 10.4% |
Recent pace: the last four quarters grew +8.2% on average, against 0.0% a year over the longer run, so this year is growing faster than its own long-run rate.
How much of every $100 of sales does IHS Holding Limited keep?
IHS Holding Limited's operating margin was 20.5% in the Jun 2026 quarter, 17.7 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 25.0% and 41.5%. The latest quarter is below every full year in that period.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Across 5 years it has been between 25.0% and 41.5%, and FY25's 41.5% is the highest of them.
Why the margin moved: operating margin changed −17.7 percentage points on the year while gross margin changed −7.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.
As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.
FY25: 41.5%, the highest in a range of 25.0% to 41.5% over 5 years
- Operating margin 41.5%
| Quarter | Operating margin |
|---|---|
| FY21 | 27.6% |
| FY22 | 25% |
| FY23 | 31.6% |
| FY24 | 35% |
| FY25 | 41.5% |
Change on the year before (points)
- Change on the year before (points) +6.5 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −2.6 pts |
| FY23 | +6.6 pts |
| FY24 | +3.4 pts |
| FY25 | +6.5 pts |
Jun 2026: operating margin 20.5% (−17.7 points on a year earlier)
- Operating margin 20.5%
| Quarter | Operating margin |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | 20.1% |
| Jun 2024 | 35.4% |
| Sep 2024 | 31% |
| Mar 2025 | 43% |
| Jun 2025 | 38.2% |
| Sep 2025 | 38.6% |
| Dec 2025 | 81.4% |
| Mar 2026 | 29.2% |
| Jun 2026 | 20.5% |
Change on a year earlier (points)
- Change on a year earlier (points) −17.7 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Mar 2025 | +22.9 pts |
| Jun 2025 | +2.8 pts |
| Sep 2025 | +7.6 pts |
| Dec 2025 | – |
| Mar 2026 | −13.8 pts |
| Jun 2026 | −17.7 pts |
Is IHS Holding Limited's profit turning into cash?
IHS Holding Limited's cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $936 M of operating cash against $127 M of profit. After $252 M of spending on assets, $684 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $936 M against profit $127 M
- Operating cash $936 M
- Net profit $127 M
- Free cash $684 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $750 M | −$26.1 M | $353 M |
| FY22 | $907 M | −$469 M | $364 M |
| FY23 | $854 M | −$2.0 B | $278 M |
| FY24 | $729 M | −$1.6 B | $464 M |
| FY25 | $936 M | $127 M | $684 M |
Jun 2026: operating cash $150 M
- Operating cash (quarterly) $150 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Jun 2023 | $239 M |
| Sep 2023 | $220 M |
| Dec 2023 | $159 M |
| Mar 2024 | $75.8 M |
| Jun 2024 | $135 M |
| Sep 2024 | $175 M |
| Mar 2025 | $200 M |
| Jun 2025 | $238 M |
| Sep 2025 | $251 M |
| Dec 2025 | $247 M |
| Mar 2026 | $229 M |
| Jun 2026 | $150 M |
Operating cash as % of profit
- Operating cash as % of profit 297%
| Quarter | Operating cash as % of profit |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Mar 2025 | 652% |
| Jun 2025 | 736% |
| Sep 2025 | 170% |
| Dec 2025 | – |
| Mar 2026 | 297% |
| Jun 2026 | – |
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does IHS Holding Limited's cash go?
IHS Holding Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $1.1 B on assets over the last 3 years. Averaged over those years that is 23.0% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $1.1 B over the last 3 years.
FY25: capex $252 M, steady spending
- Capex $252 M
| Quarter | Capex |
|---|---|
| FY21 | $397 M |
| FY22 | $544 M |
| FY23 | $576 M |
| FY24 | $265 M |
| FY25 | $252 M |
Jun 2026: capex $37.3 M in the quarter
- Capex (quarterly) $37.3 M
| Quarter | Capex (quarterly) |
|---|---|
| Jun 2023 | $192 M |
| Sep 2023 | $139 M |
| Dec 2023 | $104 M |
| Mar 2024 | $65.3 M |
| Jun 2024 | $62.0 M |
| Sep 2024 | $61.9 M |
| Mar 2025 | $56.5 M |
| Jun 2025 | $46.3 M |
| Sep 2025 | $74.4 M |
| Dec 2025 | $76.7 M |
| Mar 2026 | $46.4 M |
| Jun 2026 | $37.3 M |
Free cash
- Free cash $113 M
| Quarter | Free cash |
|---|---|
| Jun 2023 | $46.1 M |
| Sep 2023 | $81.6 M |
| Dec 2023 | $55.9 M |
| Mar 2024 | $10.5 M |
| Jun 2024 | $72.7 M |
| Sep 2024 | $113 M |
| Mar 2025 | $144 M |
| Jun 2025 | $191 M |
| Sep 2025 | $177 M |
| Dec 2025 | $170 M |
| Mar 2026 | $182 M |
| Jun 2026 | $113 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is IHS Holding Limited's P/E ratio, and how does it compare with its own history?
IHS Holding Limited's P/E is 20.7×, in the middle of its own history: higher than 39% of past readings. Its usual P/E (the middle reading) is 70.8×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.
P/E 20.7× against a usual 70.8×: in the middle of its own history: higher than 39% of past readings
- P/E 20.9×
- Median 70.8×
| Week | P/E | Median |
|---|---|---|
| 1 Apr 2022 | 212.4× | 70.8× |
| 8 Apr 2022 | 212.4× | 70.8× |
| 14 Apr 2022 | 212.4× | 70.8× |
| 22 Apr 2022 | 212.4× | 70.8× |
| 29 Apr 2022 | 212.4× | 70.8× |
| 6 May 2022 | 212.4× | 70.8× |
| 13 May 2022 | 212.4× | 70.8× |
| 20 May 2022 | 212.4× | 70.8× |
| 27 May 2022 | 212.4× | 70.8× |
| 3 Jun 2022 | 212.4× | 70.8× |
| 10 Jun 2022 | 212.4× | 70.8× |
| 17 Jun 2022 | 212.4× | 70.8× |
| 24 Jun 2022 | 212.4× | 70.8× |
| 1 Jul 2022 | 212.4× | 70.8× |
| 8 Jul 2022 | 212.4× | 70.8× |
| 15 Jul 2022 | 197.0× | 70.8× |
| 22 Jul 2022 | 190.0× | 70.8× |
| 29 Jul 2022 | 200.2× | 70.8× |
| 5 Aug 2022 | 186.3× | 70.8× |
| 12 Aug 2022 | 197.7× | 70.8× |
| 19 Aug 2022 | 170.2× | 70.8× |
| 26 Aug 2022 | 173.0× | 70.8× |
| 2 Sep 2022 | 148.4× | 70.8× |
| 9 Sep 2022 | 145.8× | 70.8× |
| 16 Sep 2022 | 151.6× | 70.8× |
| 23 Sep 2022 | 138.6× | 70.8× |
| 30 Sep 2022 | 129.8× | 70.8× |
| 7 Oct 2022 | 132.8× | 70.8× |
| 14 Oct 2022 | 122.6× | 70.8× |
| 21 Oct 2022 | 120.7× | 70.8× |
| 28 Oct 2022 | 138.1× | 70.8× |
| 4 Nov 2022 | 136.1× | 70.8× |
| 3 Oct 2025 | 212.4× | 70.8× |
| 10 Oct 2025 | 212.4× | 70.8× |
| 17 Oct 2025 | 212.4× | 70.8× |
| 24 Oct 2025 | 212.4× | 70.8× |
| 31 Oct 2025 | 212.4× | 70.8× |
| 7 Nov 2025 | 212.4× | 70.8× |
| 14 Nov 2025 | 212.4× | 70.8× |
| 21 Nov 2025 | 212.4× | 70.8× |
| 28 Nov 2025 | 212.4× | 70.8× |
| 5 Dec 2025 | 212.4× | 70.8× |
| 12 Dec 2025 | 212.4× | 70.8× |
| 19 Dec 2025 | 212.4× | 70.8× |
| 26 Dec 2025 | 212.4× | 70.8× |
| 2 Jan 2026 | 18.3× | 70.8× |
| 9 Jan 2026 | 18.8× | 70.8× |
| 16 Jan 2026 | 18.9× | 70.8× |
| 23 Jan 2026 | 19.1× | 70.8× |
| 30 Jan 2026 | 19.9× | 70.8× |
| 6 Feb 2026 | 20.4× | 70.8× |
| 13 Feb 2026 | 20.6× | 70.8× |
| 20 Feb 2026 | 19.9× | 70.8× |
| 27 Feb 2026 | 19.9× | 70.8× |
| 6 Mar 2026 | 20.1× | 70.8× |
| 13 Mar 2026 | 20.4× | 70.8× |
| 20 Mar 2026 | 20.4× | 70.8× |
| 27 Mar 2026 | 20.4× | 70.8× |
| 2 Apr 2026 | 15.5× | 70.8× |
| 10 Apr 2026 | 15.4× | 70.8× |
| 17 Apr 2026 | 15.4× | 70.8× |
| 24 Apr 2026 | 15.4× | 70.8× |
| 1 May 2026 | 15.3× | 70.8× |
| 8 May 2026 | 15.4× | 70.8× |
| 15 May 2026 | 15.4× | 70.8× |
| 22 May 2026 | 15.7× | 70.8× |
| 29 May 2026 | 15.5× | 70.8× |
| 5 Jun 2026 | 15.5× | 70.8× |
| 12 Jun 2026 | 15.6× | 70.8× |
| 18 Jun 2026 | 15.2× | 70.8× |
| 26 Jun 2026 | 15.4× | 70.8× |
| 2 Jul 2026 | 20.3× | 70.8× |
| 10 Jul 2026 | 20.4× | 70.8× |
| 17 Jul 2026 | 20.1× | 70.8× |
| 24 Jul 2026 | 20.3× | 70.8× |
| 31 Jul 2026 | 20.2× | 70.8× |
| 7 Aug 2026 | 20.6× | 70.8× |
| 14 Aug 2026 | 20.5× | 70.8× |
| 21 Aug 2026 | 20.7× | 70.8× |
| 28 Aug 2026 | 20.6× | 70.8× |
| 4 Sep 2026 | 20.9× | 70.8× |
| 11 Sep 2026 | 20.9× | 70.8× |
| 18 Sep 2026 | 20.7× | 70.8× |
| 25 Sep 2026 | 20.8× | 70.8× |
| 2 Oct 2026 | 20.5× | 70.8× |
| 9 Oct 2026 | 20.8× | 70.8× |
| 16 Oct 2026 | 20.8× | 70.8× |
| 23 Oct 2026 | 20.8× | 70.8× |
| 30 Oct 2026 | 20.8× | 70.8× |
| 4 Nov 2026 | 20.9× | 70.8× |
Earnings per share, 12 months
- Earnings per share, 12 months $0.41
| Week | Earnings per share, 12 months |
|---|---|
| 1 Apr 2022 | – |
| 8 Apr 2022 | – |
| 14 Apr 2022 | – |
| 22 Apr 2022 | – |
| 29 Apr 2022 | – |
| 6 May 2022 | – |
| 13 May 2022 | – |
| 20 May 2022 | – |
| 27 May 2022 | – |
| 3 Jun 2022 | – |
| 10 Jun 2022 | – |
| 17 Jun 2022 | – |
| 24 Jun 2022 | $0.04 |
| 1 Jul 2022 | $0.04 |
| 8 Jul 2022 | $0.04 |
| 15 Jul 2022 | $0.04 |
| 22 Jul 2022 | $0.04 |
| 29 Jul 2022 | $0.04 |
| 5 Aug 2022 | $0.04 |
| 12 Aug 2022 | $0.04 |
| 19 Aug 2022 | $0.04 |
| 26 Aug 2022 | $0.04 |
| 2 Sep 2022 | $0.04 |
| 9 Sep 2022 | $0.04 |
| 16 Sep 2022 | $0.04 |
| 23 Sep 2022 | $0.04 |
| 30 Sep 2022 | $0.04 |
| 7 Oct 2022 | $0.04 |
| 14 Oct 2022 | $0.04 |
| 21 Oct 2022 | $0.04 |
| 28 Oct 2022 | $0.04 |
| 4 Nov 2022 | $0.04 |
| 3 Oct 2025 | $0.04 |
| 10 Oct 2025 | $0.04 |
| 17 Oct 2025 | $0.04 |
| 24 Oct 2025 | $0.04 |
| 31 Oct 2025 | $0.04 |
| 7 Nov 2025 | $0.04 |
| 14 Nov 2025 | $0.04 |
| 21 Nov 2025 | $0.04 |
| 28 Nov 2025 | $0.04 |
| 5 Dec 2025 | $0.04 |
| 12 Dec 2025 | $0.04 |
| 19 Dec 2025 | $0.04 |
| 26 Dec 2025 | $0.02 |
| 2 Jan 2026 | $0.02 |
| 9 Jan 2026 | $0.02 |
| 16 Jan 2026 | $0.02 |
| 23 Jan 2026 | $0.02 |
| 30 Jan 2026 | $0.02 |
| 6 Feb 2026 | $0.02 |
| 13 Feb 2026 | $0.02 |
| 20 Feb 2026 | $0.02 |
| 27 Feb 2026 | $0.02 |
| 6 Mar 2026 | $0.02 |
| 13 Mar 2026 | $0.02 |
| 20 Mar 2026 | $0.02 |
| 27 Mar 2026 | $0.40 |
| 2 Apr 2026 | $0.40 |
| 10 Apr 2026 | $0.40 |
| 17 Apr 2026 | $0.40 |
| 24 Apr 2026 | $0.40 |
| 1 May 2026 | $0.40 |
| 8 May 2026 | $0.40 |
| 15 May 2026 | $0.40 |
| 22 May 2026 | $0.40 |
| 29 May 2026 | $0.40 |
| 5 Jun 2026 | $0.40 |
| 12 Jun 2026 | $0.40 |
| 18 Jun 2026 | $0.40 |
| 26 Jun 2026 | $0.54 |
| 2 Jul 2026 | $0.54 |
| 10 Jul 2026 | $0.54 |
| 17 Jul 2026 | $0.54 |
| 24 Jul 2026 | $0.54 |
| 31 Jul 2026 | $0.54 |
| 7 Aug 2026 | $0.54 |
| 14 Aug 2026 | $0.54 |
| 21 Aug 2026 | $0.54 |
| 28 Aug 2026 | $0.54 |
| 4 Sep 2026 | $0.54 |
| 11 Sep 2026 | $0.54 |
| 18 Sep 2026 | $0.54 |
| 25 Sep 2026 | $0.41 |
| 2 Oct 2026 | $0.41 |
| 9 Oct 2026 | $0.41 |
| 16 Oct 2026 | $0.41 |
| 23 Oct 2026 | $0.41 |
| 30 Oct 2026 | $0.41 |
| 4 Nov 2026 | $0.41 |
PEG 0.51 at the Mar 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
- PEG 0.51×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Jun 2022 | 6.00× | 1.00× |
| Sep 2022 | 0.90× | 1.00× |
| Dec 2022 | 1.35× | 1.00× |
| Mar 2023 | 0.87× | 1.00× |
| Jun 2023 | 1.23× | 1.00× |
| Sep 2023 | 0.41× | 1.00× |
| Dec 2023 | 0.97× | 1.00× |
| Mar 2024 | 0.32× | 1.00× |
| Jun 2024 | 0.28× | 1.00× |
| Mar 2025 | 0.23× | 1.00× |
| Jun 2025 | 0.67× | 1.00× |
| Sep 2025 | 0.52× | 1.00× |
| Mar 2026 | 0.51× | 1.00× |
In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.
Is the IHS Holding Limited business getting better or worse?
IHS Holding Limited's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 5 quarters of 0 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +3.6% in FY25
- Revenue growth 3.6%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 24.2% |
| FY23 | −1.8% |
| FY24 | −20.7% |
| FY25 | 3.6% |
Three growth lines over twelve quarters
- Revenue 10.4%
| Quarter | Revenue |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Mar 2025 | −6.1% |
| Jun 2025 | −10.8% |
| Sep 2025 | 8.3% |
| Dec 2025 | – |
| Mar 2026 | 5.9% |
| Jun 2026 | 10.4% |
Profit
- Profit −123.2%
| Quarter | Profit |
|---|---|
| Jun 2023 | – |
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | 150.8% |
| Jun 2026 | −123.2% |
Why it matters: with too little history, we say so rather than guess a direction.
The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone.
One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +3.6% | −6.9% | — | — |
| Stock price | +28.3% | +14.7% | −12.3% | — |
How much does IHS Holding Limited earn on its capital?
IHS Holding Limited earned a ROE of −141% in FY25. That is up from a low of −572% in FY23. Its return on capital used (ROIC) is 6.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 8.0% net margin and 0.35× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY25): a 8.0% net margin × 0.35× asset turnover × −50.00× leverage (assets divided by equity) ≈ −140.0% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: 14.8% − 8.1% = +6.7 percentage points. The 8.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.
The 14.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 16.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY25: ROE −141%, the climb back from FY23's −572%
- ROE −141.2%
- ROIC (annual) 16.7%
- Cost of capital 8.1%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | −1.5% | 12.5% | 8.1% |
| FY22 | −34.5% | 11.4% | 8.1% |
| FY23 | −572.4% | 13.6% | 8.1% |
| FY24 | 523% | 13.8% | 8.1% |
| FY25 | −141.2% | 16.7% | 8.1% |
Mar 2026: ROIC 16.5% (last 12 months) against a 8.1% cost of capital
- ROIC (12 months) 16.5%
- ROE (12 months) −7,845%
- Cost of capital 8.1%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2022 | 8.7% | −66.7% | 8.1% |
| Dec 2022 | 8.7% | −66.7% | 8.1% |
| Mar 2023 | 9.3% | −122.6% | 8.1% |
| Jun 2023 | 9.3% | −123.7% | 8.1% |
| Sep 2023 | 10.4% | −552.1% | 8.1% |
| Dec 2023 | 10.1% | −716.6% | 8.1% |
| Mar 2024 | 11% | −1,080.5% | 8.1% |
| Jun 2024 | 11.7% | −7,845% | 8.1% |
| Jun 2025 | 10.9% | – | 8.1% |
| Sep 2025 | 10.3% | – | 8.1% |
| Mar 2026 | 16.5% | – | 8.1% |
Does IHS Holding Limited have too much debt?
IHS Holding Limited's net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from 1.71 in FY21 to −39.09 in FY25. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $3.5 B, −39.09× equity
- Total debt $3.5 B
| Quarter | Total debt |
|---|---|
| FY21 | $3.0 B |
| FY22 | $3.9 B |
| FY23 | $4.1 B |
| FY24 | $3.9 B |
| FY25 | $3.5 B |
Debt-to-equity
- Debt-to-equity −39.1×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 1.71× |
| FY22 | 2.90× |
| FY23 | 11.8× |
| FY24 | −12.4× |
| FY25 | −39.1× |
Jun 2026: debt $3.5 B, debt-to-equity −19.11
- Total debt (quarterly) $3.5 B
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $4.1 B |
| Dec 2023 | $4.1 B |
| Mar 2024 | $4.1 B |
| Jun 2024 | $4.2 B |
| Sep 2024 | $4.1 B |
| Dec 2024 | $3.9 B |
| Mar 2025 | $4.0 B |
| Jun 2025 | $3.8 B |
| Sep 2025 | $3.9 B |
| Dec 2025 | $3.5 B |
| Mar 2026 | $3.5 B |
| Jun 2026 | $3.5 B |
Debt-to-equity
- Debt-to-equity −19.1×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 8.53× |
| Dec 2023 | 11.8× |
| Mar 2024 | −24.8× |
| Jun 2024 | −14.4× |
| Sep 2024 | −15.6× |
| Dec 2024 | −12.4× |
| Mar 2025 | −21.5× |
| Jun 2025 | −39.0× |
| Sep 2025 | 102.2× |
| Dec 2025 | −39.1× |
| Mar 2026 | −147.8× |
| Jun 2026 | −19.1× |
What is the IHS Holding Limited shareholding pattern?
3.4% of IHS Holding Limited's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is IHS Holding Limited from balance-sheet trouble?
For IHS Holding Limited, the Z-score is −0.73. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of −0.73 is inside the danger zone, so the balance sheet is a real risk.
How does IHS Holding Limited rank in its industry?
59.9 out of 100, rank 3 of 27 in Real Estate Services, with 56% of the evidence available.
IHS Holding Limited scores 59.9 out of 100 against the 27 companies it is compared with in Real Estate Services, ranking 3. Some evidence is missing, so the score is pulled toward the middle on purpose.
The four parts add up to the total exactly: 17.4 + 18.9 + 10.4 + 13.2 = 59.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is IHS Holding Limited compared with?
IHS Holding Limited ranks 3 of 27 Real Estate Services companies on the 4-Factor Sector Score, with 59.9 out of 100.
- 1Comstock Holding Companies, Inc.CHCI · breaking out · Sector-leading setup · 81% evidence80.9out of 100
How the score adds up
Growth & earnings 25.8/35 · Revenue 37.5% · Profit 66.7% · Operating margin change 15.7 points · 83% evidenceCapital efficiency 20.0/25 · ROCE 19.2% · Operating margin 29.4% · 76% evidenceValuation 15.9/20 · P/E 6.6× · PEG 0.12 · 65% evidenceRelative strength 19.2/20 · Lead over its industry 30.7% · Lead over S&P 500 21.5% · 1 year 27.6% · 100% evidence · 11 of 12 weeks aheadExact sum: 25.8 + 20 + 15.9 + 19.2 = 80.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2Jones Lang LaSalle IncorporatedJLL · turning · Most evidence points up · 81% evidence73.9out of 100
How the score adds up
Growth & earnings 25.4/35 · Revenue 11.2% · Profit 77.6% · Operating margin change 1.1 points · 83% evidenceCapital efficiency 15.8/25 · ROCE 12.8% · Operating margin 4.6% · 76% evidenceValuation 15.1/20 · P/E 14.4× · PEG 0.44 · 65% evidenceRelative strength 17.6/20 · Lead over its industry 21.9% · Lead over S&P 500 11.9% · 1 year 30.3% · 100% evidence · 6 of 12 weeks aheadExact sum: 25.4 + 15.8 + 15.1 + 17.6 = 73.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 3IHS Holding Limited this pageIHS · turning · Too little evidence to rank firmly · 56% evidence59.9out of 100
How the score adds up
Growth & earnings 17.4/35 · Revenue — · Profit — · Operating margin change -17.6 points · 39% evidenceCapital efficiency 18.9/25 · ROCE 22.6% · Operating margin 20.5% · 76% evidenceValuation 10.4/20 · P/E 14.8× · PEG — · 15% evidenceRelative strength 13.2/20 · Lead over its industry 7.1% · Lead over S&P 500 -1.2% · 1 year 28.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.4 + 18.9 + 10.4 + 13.2 = 59.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. - 4Transcontinental Realty Investors, Inc.TCI · breaking out · Too little evidence to rank firmly · 55% evidence56.9out of 100
How the score adds up
Growth & earnings 14.4/35 · Revenue 4.2% · Profit 14.3% · Operating margin change -11.4 points · 40% evidenceCapital efficiency 11.1/25 · ROCE — · Operating margin -18.2% · 30% evidenceValuation 12.9/20 · P/E 32.2× · PEG 0.52 · 65% evidenceRelative strength 18.5/20 · Lead over its industry 18.8% · Lead over S&P 500 8.5% · 1 year 8.7% · 100% evidence · 3 of 12 weeks aheadExact sum: 14.4 + 11.1 + 12.9 + 18.5 = 56.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. - 5The RMR Group Inc.RMR · basing · Evidence leans up · 81% evidence54.6out of 100
How the score adds up
Growth & earnings 18.0/35 · Revenue 13.8% · Profit 0% · Operating margin change -6.5 points · 83% evidenceCapital efficiency 17.7/25 · ROCE 11.4% · Operating margin 20.6% · 76% evidenceValuation 13.9/20 · P/E 18.3× · PEG 0.48 · 65% evidenceRelative strength 5.0/20 · Lead over its industry -4.5% · Lead over S&P 500 -11.8% · 1 year 5.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 18 + 17.7 + 13.9 + 5 = 54.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 6Cushman & Wakefield LimitedCWK · turning · Evidence leans up · 71% evidence53.8out of 100
How the score adds up
Growth & earnings 15.8/35 · Revenue 11% · Profit -66.5% · Operating margin change 0 points · 83% evidenceCapital efficiency 12.5/25 · ROCE 9.3% · Operating margin 4.9% · 76% evidenceValuation 9.0/20 · P/E 45.4× · PEG — · 15% evidenceRelative strength 16.5/20 · Lead over its industry 10.1% · Lead over S&P 500 0.3% · 1 year -5.1% · 100% evidence · 3 of 12 weeks aheadExact sum: 15.8 + 12.5 + 9 + 16.5 = 53.8 · What this means: Relative strength against the index is 0.3%, and revenue and profit growth are weak. - 7Newmark Group, Inc.NMRK · basing · Evidence leans up · 81% evidence52.0out of 100
How the score adds up
Growth & earnings 23.9/35 · Revenue 20.8% · Profit 97.3% · Operating margin change -0.7 points · 83% evidenceCapital efficiency 12.0/25 · ROCE 7.4% · Operating margin 4.9% · 76% evidenceValuation 12.6/20 · P/E 18.1× · PEG 0.86 · 65% evidenceRelative strength 3.5/20 · Lead over its industry -16.7% · Lead over S&P 500 -24.1% · 1 year -29% · 100% evidence · 2 of 12 weeks aheadExact sum: 23.9 + 12 + 12.6 + 3.5 = 52 · What this means: Earnings are strong; relative strength in its sector is -16.7% and the one-year return is -29%. - 8FirstService CorporationFSV · turning · Evidence leans up · 85% evidence50.9out of 100
How the score adds up
Growth & earnings 15.2/35 · Revenue 3.7% · Profit 6.5% · Operating margin change -0.4 points · 95% evidenceCapital efficiency 14.8/25 · ROCE 9.8% · Operating margin 7.3% · 76% evidenceValuation 4.7/20 · P/E 38.3× · PEG 4.63 · 65% evidenceRelative strength 16.2/20 · Lead over its industry 9.5% · Lead over S&P 500 0.1% · 1 year 2.5% · 100% evidence · 2 of 12 weeks aheadExact sum: 15.2 + 14.8 + 4.7 + 16.2 = 50.9 · What this means: Relative strength against the index is 0.1%, and revenue and profit growth are weak. - 9Marcus & Millichap, Inc.MMI · basing · Evidence leans up · 64% evidence50.9out of 100
How the score adds up
Growth & earnings 22.4/35 · Revenue 11.8% · Profit — · Operating margin change 6.4 points · 62% evidenceCapital efficiency 8.1/25 · ROCE 1.4% · Operating margin 1.1% · 76% evidenceValuation 8.9/20 · P/E 82.1× · PEG — · 15% evidenceRelative strength 11.5/20 · Lead over its industry 5.2% · Lead over S&P 500 -3.2% · 1 year 1% · 100% evidence · 2 of 12 weeks aheadExact sum: 22.4 + 8.1 + 8.9 + 11.5 = 50.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 10CBRE Group, Inc.CBRE · basing · Evidence leans down · 85% evidence47.0out of 100
How the score adds up
Growth & earnings 16.3/35 · Revenue 14.5% · Profit 12.5% · Operating margin change -1 points · 95% evidenceCapital efficiency 12.2/25 · ROCE 5.9% · Operating margin 3.9% · 76% evidenceValuation 8.8/20 · P/E 26.9× · PEG 1.76 · 65% evidenceRelative strength 9.7/20 · Lead over its industry -0.3% · Lead over S&P 500 -9% · 1 year -7.5% · 100% evidence · 3 of 12 weeks aheadExact sum: 16.3 + 12.2 + 8.8 + 9.7 = 47 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 11Compass, Inc.COMP · quiet · Evidence leans down · 64% evidence46.2out of 100
- 12Seaport Entertainment Group Inc.SEG · basing · Too little evidence to rank firmly · 53% evidence45.1out of 100
- 13The Real Brokerage Inc.REAX · basing · Evidence leans down · 64% evidence42.8out of 100
- 14Colliers International Group Inc.CIGI · basing · Evidence leans down · 81% evidence42.6out of 100
- 15CoStar Group, Inc.CSGP · breaking out · Evidence leans down · 81% evidence42.3out of 100
- 16RE/MAX Holdings, Inc.RMAX · Too little evidence to rank firmly · 51% evidence40.9out of 100
- 17AGNT, IncAGNT · basing · Evidence leans down · 64% evidence39.7out of 100
- 18Maui Land & Pineapple Company, Inc.MLP · quiet · Evidence leans down · 64% evidence35.3out of 100
- 19FRP Holdings, Inc.FRPH · basing · Too little evidence to rank firmly · 52% evidence35.3out of 100
- 20Douglas Elliman Inc.DOUG · basing · Most evidence points down · 64% evidence33.7out of 100
- 21Opendoor Technologies Inc.OPEN · basing · Most evidence points down · 64% evidence22.6out of 100
- 22American Realty Investors, Inc.ARL · turning · Too little evidence to rank firmly · 45% evidence55.6out of 100
- 23New England Realty Associates Limited PartnershipNEN · quiet · Too little evidence to rank firmly · 32% evidence46.9out of 100
- 24Rafael Holdings, Inc.RFL · Too little evidence to rank firmly · 15% evidence43.0out of 100
- 25Star HoldingsSTHO · Too little evidence to rank firmly · 44% evidence40.9out of 100
- 26Hotel101 Global Holdings Corp.HBNB · basing · Too little evidence to rank firmly · 39% evidence40.3out of 100
- 27Seritage Growth PropertiesSRG · Too little evidence to rank firmly · 25% evidence39.3out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Real Estate Services, all 27 compared on one page.
Which companies are close to IHS Holding Limited in size?
IHS Holding Limited is the 10th largest of 24 Real Estate Services companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Colliers International Group Inc., Cushman & Wakefield and Newmark Group, Inc. Just below it: Opendoor Technologies Inc., Hotel101 Global Holdings Corp. and Marcus & Millichap, Inc.
Real Estate Services companies close in size
- Colliers International Group Inc. $5 billion
- Cushman & Wakefield Limited $3.5 billion
- Newmark Group, Inc. $3 billion
- IHS Holding Limited $2.9 billion
- Opendoor Technologies Inc. $1.9 billion
- Hotel101 Global Holdings Corp. $1.2 billion
- Marcus & Millichap, Inc. $1.1 billion
All 24 Real Estate Services companies, largest first
Companies close in size in other industries
- Allied Gold Corporation $2.9 billion · Gold
- Knowles Corporation $2.9 billion · Electronic Components
- IHS Holding Limited $2.9 billion
- Rush Street Interactive, Inc. $2.8 billion · Gambling
- Axcelis Technologies, Inc. $2.8 billion · Semiconductor Equipment & Materials
What else do people ask about IHS Holding Limited?
What were IHS Holding Limited Limited's latest quarterly results?
IHS Holding Limited reported revenue of $429 M and a net loss of $7.5 M for the Jun 2026 quarter. Revenue rose 10.4% and profit fell 123.2% compared with a year earlier. Earnings per share were −$0.03.
The operating margin was 20.5%, 17.7 percentage points lower than a year earlier (as of 4 November 2026).
What is IHS Holding Limited Limited's market cap?
IHS Holding Limited's market capitalisation is $2.9 B at a stock price of $8.48. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is IHS Holding Limited Limited performing?
IHS Holding Limited's share price has been rising for 81 weeks. In its latest quarter, revenue rose 10.4% and profit fell 123.2% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running (as of 4 November 2026).
Will IHS Holding Limited Limited's stock price go up?
This page does not forecast IHS Holding Limited's stock price. What it shows instead: the stock price is $8.48, and it has been rising for 81 weeks. Its P/E of 20.7× is higher than 39% of its own last 5 years (as of 4 November 2026).
Where is IHS Holding Limited Limited in its business cycle?
IHS Holding Limited's FY25 operating margin was 41.5%, against a 5-year range of 25.0% to 41.5%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 20.5%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the IHS Holding Limited Limited story?
Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is IHS Holding Limited Limited a stock worth studying right now?
What the numbers show: IHS Holding Limited's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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