GDS Holdings Limited (G40) — Free Cash Flow Generation Index

Latest as of December 2025: -0.01x

GDS Holdings Limited (G40) has a Free Cash Flow Generation Index of -0.01x as of December 2025. Free cash flow of €-13.58 Million represents 0% of operating cash flow (€983.56 Million). Read G40 total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

-0.01x
Free Cash Flow / Operating CF

Free Cash Flow

€-13.58 Million
EUR

Operating Cash Flow

€983.56 Million
EUR

Capital Expenditures

€997.14 Million
EUR

GDS Holdings Limited Free Cash Flow Generation Index (2019–2025)

Historical FCF Generation Index trend for GDS Holdings Limited across 7 annual periods. Explore capital reinvestment ratio of GDS Holdings Limited to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for GDS Holdings Limited (2019–2025)

Year-by-year Free Cash Flow Generation Index for GDS Holdings Limited. For the full company profile including market capitalisation, see G40 company net worth.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 -0.39x €-1.33 Billion €3.37 Billion €4.69 Billion ▲ +41.9%
2024 -0.68x €-1.32 Billion €1.94 Billion €3.25 Billion ▲ +66.5%
2023 -2.03x €-4.19 Billion €2.07 Billion €6.25 Billion ▼ -17.2%
2022 -1.73x €-4.95 Billion €2.86 Billion €7.80 Billion ▲ +75.5%
2021 -7.07x €-8.50 Billion €1.20 Billion €9.88 Billion ▲ +70.5%
2020 -24.00x €-7.70 Billion €320.89 Million €8.22 Billion ▼ -52.1%
2019 -15.77x €-4.63 Billion €293.44 Million €4.92 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).