IHS Holding Ltd (IHS) — Free Cash Flow Generation Index
IHS Holding Ltd (IHS) has a Free Cash Flow Generation Index of 0.70x as of September 2025. Free cash flow of $176.90 Million represents 1% of operating cash flow ($251.30 Million). See working capital to net assets of IHS Holding Ltd to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
IHS Holding Ltd Free Cash Flow Generation Index (2007–2024)
Historical FCF Generation Index trend for IHS Holding Ltd across 18 annual periods. Explore IHS Holding Ltd (IHS) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for IHS Holding Ltd (2007–2024)
Year-by-year Free Cash Flow Generation Index for IHS Holding Ltd. For the full company profile including market capitalisation, see IHS Holding Ltd (IHS) market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 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 | — |