IHS Holding/$IHS
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About IHS Holding
IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria and Sub-Saharan Africa. The majority of its revenue is derived from Nigeria.
- Ticker
- $IHS
- Sector
- Communication
- Primary listing
- NYSE
- Employees
- 2,344
- Headquarters
- London, United Kingdom
- Website
- www.ihstowers.com
IHS Holding Metrics
BasicAdvanced
$2.8B
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-$0.05
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Price and volume
Market cap
$2.8B
52-week high
$8.95
52-week low
$5.71
Average daily volume
581K
Financial strength
Current ratio
1.851
Quick ratio
1.772
Long term debt to equity
-17.126
Total debt to equity
-20.608
Interest coverage (TTM)
1.28%
Profitability
EBITDA (TTM)
604.3
Gross margin (TTM)
54.19%
Net profit margin (TTM)
-1.01%
Operating margin (TTM)
29.30%
Effective tax rate (TTM)
19.43%
Revenue per employee (TTM)
$720,000
Management effectiveness
Return on assets (TTM)
7.00%
Return on equity (TTM)
-662.48%
Valuation
Price to revenue (TTM)
1.73
Price to book
-20.46
Price to tangible book (TTM)
-4.78
Price to free cash flow (TTM)
4.477
Free cash flow yield (TTM)
22.33%
Free cash flow per share (TTM)
1.89
Growth
Revenue change (TTM)
12.89%
Earnings per share change (TTM)
-103.61%
3-year revenue growth (CAGR)
-7.76%
3-year earnings per share growth (CAGR)
-79.06%
What the Analysts think about IHS Holding
Analyst ratings (Buy, Hold, Sell) for IHS Holding stock.
Analyst projections of the future price of IHS Holding stock.
Bulls say / Bears say
MTN agreed to buy the shares it does not already own for $8.50 each, and IHS shareholders approved the deal. That offers a defined cash exit if the remaining closing conditions are met. (TechPoint Africa)
IHS generated $57.1 million of adjusted levered free cash flow in Q2, up 5.9% year on year, while net leverage fell to 2.8x from 3.4x. Lower debt pressure and solid cash generation support the financial case. (Business Wire)
Underlying demand for tower capacity and add-on services is still growing: excluding the Rwanda disposal and T2 churn, IHS added 1,079 net tenants year on year, while lease amendments rose by 6,688. Its colocation rate also edged up to 1.47x. (Business Wire)
Reported Q2 revenue rose 10.4%, but organic growth was just 0.5%; favourable currency translation supplied a 13.5% tailwind. Nigeria, the largest market, had a 1.1% organic revenue decline, leaving results exposed to currency moves rather than underlying growth. (Business Wire)
Higher power generation costs weighed on profitability: Q2 adjusted EBITDA fell 1.3% and IHS swung to a $7.5 million loss from a $32.3 million profit a year earlier. Pass-through arrangements typically take a quarter to catch up with cost changes. (Business Wire)
Nigeria's tenant count fell by 2,321 year on year, as 2,920 churned tenants more than offset new colocations and sites. The core market remains vulnerable to customer changes, including T2 churn and MTN's planned vacancies at about 1,050 sites. (Business Wire)
Data summarised monthly by Lightyear AI. Last updated on 23 Oct 2026.
IHS Holding Financial Performance
Revenues and expenses
IHS Holding Earnings Performance
Company profitability
Upcoming events
No upcoming events
IHS Holding News
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