IHS Holding Ltd (IHS) — Free Cash Flow Generation Index

Latest as of March 2026: 0.77x

IHS Holding Ltd (IHS) has a Free Cash Flow Generation Index of 0.77x as of March 2026. Free cash flow of $159.30 Million represents 1% of operating cash flow ($205.70 Million). Read IHS Holding Ltd total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.77x
Free Cash Flow / Operating CF

Free Cash Flow

$159.30 Million
USD

Operating Cash Flow

$205.70 Million
USD

Capital Expenditures

$46.40 Million
USD

IHS Holding Ltd Free Cash Flow Generation Index (2007–2025)

Historical FCF Generation Index trend for IHS Holding Ltd across 19 annual periods. Explore reinvestment intensity of IHS Holding Ltd to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for IHS Holding Ltd (2007–2025)

Year-by-year Free Cash Flow Generation Index for IHS Holding Ltd. For the full company profile including market capitalisation, see IHS company net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.62x $417.50 Million $669.50 Million $252.00 Million ▼ -1.2%
2024 0.63x $460.29 Million $729.30 Million $269.01 Million ▲ +111.5%
2023 0.30x $254.68 Million $853.45 Million $598.77 Million ▼ -22.2%
2022 0.38x $347.93 Million $907.30 Million $559.37 Million ▼ -17.3%
2021 0.46x $347.71 Million $750.19 Million $402.48 Million ▼ -27.5%
2020 0.64x $406.06 Million $635.26 Million $229.20 Million ▲ +7.0%
2019 0.60x $383.66 Million $641.94 Million $258.28 Million ▲ +227.8%
2018 0.18x $84.28 Million $462.31 Million $378.02 Million ▼ -59.9%
2017 0.45x $207.47 Million $456.11 Million $248.64 Million ▲ +206.8%
2016 -0.43x $-176.91 Million $415.51 Million $592.43 Million ▲ +74.7%
2015 -1.68x $-419.36 Million $249.51 Million $668.87 Million ▼ -305.5%
2014 0.82x $513.65 Million $628.10 Million $114.45 Million ▲ +0.1%
2013 0.82x $405.42 Million $496.15 Million $90.73 Million ▲ +2.9%
2012 0.79x $249.64 Million $314.37 Million $64.73 Million ▼ -5.6%
2011 0.84x $287.71 Million $342.05 Million $54.34 Million ▼ -4.5%
2010 0.88x $234.35 Million $266.19 Million $31.84 Million ▼ -0.2%
2009 0.88x $206.96 Million $234.69 Million $27.74 Million ▼ -4.8%
2008 0.93x $175.36 Million $189.25 Million $13.88 Million ▲ +1.1%
2007 0.92x $129.85 Million $141.74 Million $11.89 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).