GDS Holdings Ltd GDS

Latest FY: 2025 Technology Information Technology Services
Market Price $31.10
Market Cap $47.29B
P/E Ratio 56.55
Quick Peer Compare (Technology):
Revenue (FY 2025) ↑10.8% YoY
$11.43B
3-Yr CAGR: 7.0%
Net Income ↓-72.3% YoY
$949.64M
Net Margin: 8.3%
Free Cash Flow ↓-7.7% YoY
-$1.33B
FCF Yield: -2.80%
EPS (Diluted) ↓-75.8% YoY
$0.55
Basic: $0.59
Return on Equity Efficiency
3.7%
ROA: 1.2%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (GDS)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $1,056.0M $265.7M $-276.4M 0.00% $-150.2M $-1,138.0M
FY 2017 $1,616.2M +53.1% $408.5M $-326.9M -18.3% 0.00% $-174.6M $-1,894.8M -66.5%
FY 2018 $2,792.1M +72.8% $622.4M $-430.3M -31.6% 0.00% $-12.9M $-4,273.9M -125.6%
FY 2019 $4,122.4M +47.6% $1,042.7M $-442.1M -2.7% 0.00% $293.4M $-4,264.2M +0.2%
FY 2020 $5,739.0M +39.2% $1,550.5M $-666.4M -50.7% 0.00% $320.9M $-7,716.1M -80.9%
FY 2021 $7,818.7M +36.2% $1,779.4M $-1,187.2M -78.2% $-0.90 0.00% $1,201.4M $-8,499.2M -10.1%
FY 2022 $9,325.6M +19.3% $1,935.9M $-1,268.9M -6.9% $-1.03 -14.4% 0.00% $2,858.1M $-4,989.2M +41.3%
FY 2023 $9,956.5M +6.8% $1,922.5M $-4,290.1M -238.1% $-2.96 -187.4% 0.00% $2,065.3M $-3,956.6M +20.7%
FY 2024 $10,322.1M +3.7% $2,222.6M $3,425.4M +179.8% $2.27 +176.7% 0.00% $1,938.4M $-1,230.9M +68.9%
FY 2025 $11,432.3M +10.8% $2,585.4M $949.6M -72.3% $0.55 -75.8% 0.00% $3,365.3M $-1,325.9M -7.7%
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Valuation

Market Price $31.10
Market Cap $47.29B
Enterprise Value $58.89B
P/E Ratio 56.55
P/B Ratio 1.83
FCF Yield -2.80%
Dividend Yield 0.00%
Shares Outstanding 1,520,535,019
%

Profitability & Margins

Gross Margin 22.62%
Operating Margin 0.49%
Net Margin 8.31%
Return on Equity (ROE) 3.68%
Return on Assets (ROA) 1.19%
Asset Turnover 0.14x
Revenue 3-Yr CAGR 7.02%
🛡️

Financial Health & Liquidity

Current Ratio 2.60
Cash Ratio 2.01
Debt / Equity 1.005
Debt / Assets 0.324
Cash & Equivalents $14.31B
Total Debt $25.90B
Book Value / Share $16.96
💧

Cash Flow Efficiency

Operating Cash Flow $3.37B
Capital Expenditures (CapEx) $4.69B
Free Cash Flow -$1.33B
OCF / Revenue 29.44%
FCF / Revenue -11.60%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $0.55
EPS (Basic) $0.59
Dividends / Share N/A
Book Value / Share $16.96
EPS YoY Growth -75.77%
🏛️

Balance Sheet (FY 2025)

Total Assets $80.00B
Total Liabilities $52.26B
Stockholders' Equity $25.78B
Current Assets $18.55B
Current Liabilities $7.13B