GDS Holdings Ltd (GDS) — Cash Flow Reinvestment Rate

Latest as of September 2025: 2.33x

GDS Holdings Ltd (GDS) has a Cash Flow Reinvestment Rate of 2.33x as of September 2025, reinvesting $1.72 Billion (capex $1.42 Billion plus investments $293.32 Million) from operating cash flow of $736.50 Million. Check earnings quality score of GDS Holdings Ltd to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

2.33x
(Capex + Investments) / Operating CF

Total Reinvested

$1.72 Billion
Capex + Investments

Operating Cash Flow

$736.50 Million
USD

Capital Expenditures

$1.42 Billion
USD

GDS Holdings Ltd Cash Flow Reinvestment Rate (2014–2024)

Historical reinvestment intensity for GDS Holdings Ltd across 7 annual periods. Explore how much of GDS Holdings Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for GDS Holdings Ltd (2014–2024)

Year-by-year capital reinvestment analysis for GDS Holdings Ltd. For live market cap and broader valuation context, see GDS Holdings Ltd market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
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