IHS Holding/$IHS
1D1W1MYTD1Y5YMAX
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
$2.9B
20.71
$0.41
0.74
-
Price and volume
Market cap
$2.9B
Beta
0.74
52-week high
$8.95
52-week low
$5.71
Average daily volume
966K
Financial strength
Current ratio
1.926
Quick ratio
1.005
Long term debt to equity
-1,697.59
Total debt to equity
-1,911.117
Interest coverage (TTM)
1.76%
Profitability
EBITDA (TTM)
702.5
Gross margin (TTM)
54.03%
Net profit margin (TTM)
8.63%
Operating margin (TTM)
33.39%
Effective tax rate (TTM)
13.23%
Revenue per employee (TTM)
$700,000
Management effectiveness
Return on assets (TTM)
7.79%
Return on equity (TTM)
-396.37%
Valuation
Price to earnings (TTM)
20.713
Price to revenue (TTM)
1.714
Price to book
-13.71
Price to tangible book (TTM)
-3.88
Price to free cash flow (TTM)
4.438
Free cash flow yield (TTM)
22.53%
Free cash flow per share (TTM)
1.913
Growth
Revenue change (TTM)
13.15%
Earnings per share change (TTM)
25.21%
3-year revenue growth (CAGR)
-9.17%
3-year earnings per share growth (CAGR)
-55.58%
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 Group agreed to acquire the remaining ~75% stake in IHS Holding at $8.50 per share in February 2026, representing a 3% premium to the February 4 closing price and valuing IHS at about $6.2 billion including debt, underscoring strong strategic appeal and value realization for shareholders (Reuters).
Second quarter 2026 revenue from continuing operations increased 14.5% year-on-year to $298.3 million, driven by favorable foreign-exchange translations and growth in colocation and lease amendment services in Nigeria (SEC).
In Q4 FY 2025, IHS agreed to sell its Latin American tower operations to Macquarie Asset Management for approximately $952 million and its 51% stake in I-Systems to TIM S.A. for approximately $453 million, raising over $1.4 billion in enterprise value and reducing net leverage ahead of the MTN transaction (IHS Investors Release).
The Group reported a net loss of $7.5 million for Q2 2026, compared to income of $32.3 million in Q2 2025, reflecting margin pressures and one-off costs related to the MTN merger announcement (SEC).
Organic revenue in the Nigeria segment declined by $2.9 million, or 1.1%, year-on-year in Q2 2026, indicating underlying demand weakness when excluding foreign-exchange translation benefits (SEC).
Cost of sales rose by $46.2 million year-on-year in Q2 2026, primarily driven by a $38.7 million increase in power generation costs due to higher diesel prices, compressing margins and highlighting energy-price volatility risk (SEC).
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2026.
IHS Holding Financial Performance
Revenues and expenses
IHS Holding Earnings Performance
Company profitability
Upcoming events
No upcoming events
IHS Holding News
AllArticlesVideos

IHS Holding Limited Reports Second Quarter 2026 Financial Results
Business Wire4 weeks ago

Macquarie Asset Management Completes Acquisition of IHS Towers' South American Tower Operations
Business Wire1 month ago

IHS Towers Completes Sale of Latin America Tower Operations to Macquarie Asset Management
Business Wire1 month ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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