GDS Holdings Ltd (GDS) — Cash Flow Reinvestment Rate

Latest as of March 2026: 10.11x

GDS Holdings Ltd (GDS) has a Cash Flow Reinvestment Rate of 10.11x as of March 2026, reinvesting $4.53 Billion (capex $770.04 Million plus investments $-3.76 Billion) from operating cash flow of $447.69 Million. See GDS free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

10.11x
(Capex + Investments) / Operating CF

Total Reinvested

$4.53 Billion
Capex + Investments

Operating Cash Flow

$447.69 Million
USD

Capital Expenditures

$770.04 Million
USD

GDS Holdings Ltd Cash Flow Reinvestment Rate (2014–2025)

Historical reinvestment intensity for GDS Holdings Ltd across 8 annual periods. For the full cash flow conversion analysis, see GDS cash generation efficiency.

Annual Cash Flow Reinvestment Rate for GDS Holdings Ltd (2014–2025)

Year-by-year capital reinvestment analysis for GDS Holdings Ltd. See GDS Holdings Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.83x $6.16 Billion $3.37 Billion $4.69 Billion ▼ -70.5%
2024 6.20x $12.02 Billion $1.94 Billion $3.25 Billion ▲ +1.8%
2023 6.09x $12.58 Billion $2.07 Billion $6.25 Billion ▼ -8.8%
2022 6.68x $19.08 Billion $2.86 Billion $7.80 Billion ▼ -65.7%
2021 19.47x $23.39 Billion $1.20 Billion $9.70 Billion ▼ -64.1%
2020 54.22x $17.40 Billion $320.89 Million $8.02 Billion ▲ +249.0%
2019 15.54x $4.56 Billion $293.44 Million $4.55 Billion ▲ +74.8%
2014 8.89x $248.35 Million $27.94 Million $248.35 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow