IHS Holding Past Earnings Performance
Past criteria checks 3/6
IHS Holding's earnings have been declining at an average annual rate of -30.6%, while the Telecom industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 4.2% per year. IHS Holding's return on equity is 1190.3%, and it has net margins of 26.4%.
Key information
-30.60%
Earnings growth rate
-30.23%
EPS growth rate
| Telecom Industry Growth | 6.72% |
| Revenue growth rate | 4.19% |
| Return on equity | 1,190.29% |
| Net Margin | 26.39% |
| Last Earnings Update | 30 Sep 2025 |
Recent past performance updates
Recent updates
IHS Holding's (NYSE:IHS) Solid Earnings Have Been Accounted For Conservatively
Nov 20
IHS Holding Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 15IHS Towers: Q3 Beat Will Force Wall Street To Catch Up
Sep 30
Extended Nigeria Contracts And Tax Cuts Will Improve Cash Flow
Extended contracts with key customers improve financial visibility and long-term revenue growth while supporting increased contracted revenue.IHS Holding Limited (NYSE:IHS) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
May 13IHS Holding: Solid Competitive Advantage And Growth Catalysts
Apr 19Subdued Growth No Barrier To IHS Holding Limited (NYSE:IHS) With Shares Advancing 36%
Mar 22IHS Holding: Value Is Slowly Being Recognized
Feb 12Investors Aren't Buying IHS Holding Limited's (NYSE:IHS) Revenues
Jan 23Lacklustre Performance Is Driving IHS Holding Limited's (NYSE:IHS) Low P/S
Oct 02Little Excitement Around IHS Holding Limited's (NYSE:IHS) Revenues
Jun 17Benign Growth For IHS Holding Limited (NYSE:IHS) Underpins Stock's 25% Plummet
Mar 12IHS Holding (NYSE:IHS) Takes On Some Risk With Its Use Of Debt
Mar 01Getting In Cheap On IHS Holding Limited (NYSE:IHS) Might Be Difficult
Jan 08IHS Holding: Good Operating Performance, Improved Liquidity, And Reduced FX Risk
Aug 30IHS Holdings: New Nigeran FX Policy Is Not As Bad As It Seems
Jul 07IHS Holding Limited: Buy, Forget, And Compound Capital
May 25IHS Holding GAAP EPS of -$0.14, revenue of $521.3M
Nov 15IHS Holding Grows Portfolio As Macro Conditions Slow
Oct 26Revisiting IHS Holding: Rough On The Surface But The Thesis Remains
Aug 23Revenue & Expenses Breakdown
How IHS Holding makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 25 | 1,766 | 466 | 285 | 0 |
| 30 Jun 25 | 1,731 | 111 | 320 | 0 |
| 31 Mar 25 | 1,733 | -46 | 325 | 0 |
| 31 Dec 24 | 1,711 | -1,632 | 347 | 0 |
| 30 Sep 24 | 1,783 | -2,332 | 380 | 0 |
| 30 Jun 24 | 1,830 | -2,395 | 382 | 0 |
| 31 Mar 24 | 1,941 | -3,541 | 404 | 0 |
| 31 Dec 23 | 2,126 | -1,977 | 421 | 0 |
| 30 Sep 23 | 2,142 | -1,791 | 397 | 0 |
| 30 Jun 23 | 2,196 | -1,555 | 389 | 0 |
| 31 Mar 23 | 2,118 | -465 | 390 | 0 |
| 31 Dec 22 | 1,961 | -459 | 370 | 0 |
| 30 Sep 22 | 1,851 | -264 | 387 | 0 |
| 30 Jun 22 | 1,730 | -263 | 372 | 0 |
| 31 Mar 22 | 1,664 | 19 | 313 | 0 |
| 31 Dec 21 | 1,580 | -26 | 300 | 0 |
| 30 Sep 21 | 1,535 | 98 | 253 | 0 |
| 30 Jun 21 | 1,503 | 108 | 242 | 0 |
| 31 Mar 21 | 1,432 | -34 | 236 | 0 |
| 31 Dec 20 | 1,403 | -322 | 244 | 0 |
| 31 Dec 19 | 1,231 | -423 | 586 | 0 |
| 31 Dec 18 | 1,168 | -133 | 227 | 0 |
| 31 Dec 17 | 1,107 | -425 | 203 | 0 |
| 30 Sep 17 | 1,040 | -354 | 182 | 0 |
| 30 Jun 17 | 973 | -282 | 162 | 0 |
| 31 Mar 17 | 939 | -554 | 203 | 0 |
| 31 Dec 16 | 906 | -826 | 244 | 0 |
| 31 Dec 15 | 727 | -436 | 208 | 0 |
Quality Earnings: IHS has high quality earnings.
Growing Profit Margin: IHS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IHS has become profitable over the past 5 years, growing earnings by -30.6% per year.
Accelerating Growth: IHS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IHS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Telecom industry (36.5%).
Return on Equity
High ROE: Whilst IHS's Return on Equity (1190.29%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/02 11:29 |
| End of Day Share Price | 2025/12/01 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
IHS Holding Limited is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Maurice Patrick | Barclays |
| Michael Rollins | Citigroup Inc |
| James Schneider | Goldman Sachs |