profit from every $100 of sales.

IHS
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $19.89 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What IHS sold, what it kept, and what it did with the cash.
Sales went from $1.96 billion in 2022 to $1.58 billion in 2025, with $144 million of profit last year.
IHS vs. similar companies
IHS grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
IHS | 19.9× · Fair price | ||
Charter Communications | 4.4× · Cheap | ||
Telefónica | No profit yet | ||
BCE | 4.4× · Cheap | ||
Rogers Communications | 3.7× · Cheap |
AI analysis
An AI analyst reads IHS's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,961 | 1,925 | 1,527 | 1,582 | |
| 804 | 889 | 794 | 877 | |
| 506 | 572 | 516 | 586 | |
| 253 | -1,017 | -675 | 1,390 | |
| -459 | -1,977 | -1,632 | 144 | |
| -1.39 | -5.93 | -4.90 | 0.42 | |
| 41.0% | 46.2% | 52.0% | 55.4% | |
| 25.8% | 29.7% | 33.8% | 37.0% | |
| -23.4% | -102.7% | -106.9% | 9.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 6,321 | 5,365 | 4,247 | 4,490 |
| Cash | 514 | 294 | 578 | 826 |
| Total debt | 3,950 | 4,113 | 3,901 | 3,510 |
| Total liabilities | 4,961 | 5,017 | 4,561 | 4,579 |
| 1,133 | 110 | -473 | -251 | |
| 331 | 333 | 333 | 342 | |
| -3.4% | -27.2% | -23.9% | 24.6% | |
| -40.5% | -1,799.4% | 344.9% | -57.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 907 | 854 | 729 | 936 | |
| 559 | 599 | 269 | 252 | |
| 348 | 255 | 460 | 684 | |
| Dividends paid | 0 | 0 | 0 | 0 |
| 0 | 10 | 0 | 0 | |
| 13 | 13 | 28 | 29 |
Valuation
- 19.9×
- 8.9×
- –
- -14.4×
- 1.8×
- 4.2×
- 4.0×
- 24.0%
- 5.0%
- 0.0%
Profitability
- 55.4%
- 37.0%
- 9.1%
- 61.9%
- 13.6%
- -19.9%
- -87.5%
- 4.0%
- 17.5%
- –
Growth
- −6.9%
- –
- −9.3%
- –
- +0.5%
Financial health
- 2.7×
- -18.12
- 75.1%
- 1.9×
- 2.01
- 1.97
- 0.33
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $8.50
- Range
- $8.50 – $8.50
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 12, 2026 | 0.20 | 0.33 | −38.5% |
| Mar 16, 2026 | 0.98 | 0.17 | +476.5% |
| Nov 12, 2025 | 0.44 | 0.10 | +340.0% |
| Aug 12, 2025 | 0.10 | 0.17 | −41.2% |
| May 20, 2025 | 0.10 | 0.17 | −41.2% |
| Mar 18, 2025 | 0.73 | 0.08 | +812.5% |
| Nov 12, 2024 | -0.61 | 0.11 | −654.5% |
| Aug 13, 2024 | 0.04 | 0.13 | −69.2% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about IHS
Is IHS a good stock to buy?
A solid business at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the IHS AI analysis
What does IHS do?
IHS Holding Limited, together with its subsidiaries, owns, operates, and develops shared telecommunications infrastructure in Africa, Latin America, Europe, and the Middle East. It is in Telecommunications Services, based in London, United Kingdom, with 2,344 employees.
Does IHS pay a dividend?
No. IHS does not pay a dividend at the moment.
Is IHS stock halal?
No. IHS does not pass our halal screen: its debt is 123% of its market value, at or above the 33% limit. How we check
How has IHS stock done over the past year?
Up 22.7% over the past twelve months, to $8.44. It traded between $6.24 and $8.73 and is 3.3% below its high.
Who are IHS's competitors?
The largest listed companies in the same industry are Charter Communications, Telefónica, BCE and Rogers Communications. The peers table on this page compares their profit, growth and price with IHS's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



