GDS Holdings Ltd (GDS) — Free Cash Flow Generation Index
GDS Holdings Ltd (GDS) has a Free Cash Flow Generation Index of -0.93x as of September 2025. Free cash flow of $-685.33 Million represents -1% of operating cash flow ($736.50 Million). Read GDS Holdings Ltd debt and liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
GDS Holdings Ltd Free Cash Flow Generation Index (2014–2024)
Historical FCF Generation Index trend for GDS Holdings Ltd across 7 annual periods. Explore capital reinvestment ratio of GDS Holdings Ltd to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for GDS Holdings Ltd (2014–2024)
Year-by-year Free Cash Flow Generation Index for GDS Holdings Ltd. For the full company profile including market capitalisation, see GDS Holdings Ltd market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 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 | $9.70 Billion | ▲ +70.5% |
| 2020 | -24.00x | $-7.70 Billion | $320.89 Million | $8.02 Billion | ▼ -65.3% |
| 2019 | -14.51x | $-4.26 Billion | $293.44 Million | $4.55 Billion | ▼ -84.0% |
| 2014 | -7.89x | $-220.41 Million | $27.94 Million | $248.35 Million | — |