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GDS Holdings Ltd GDS

Nasdaq · stock · Services-Computer Programming, Data Processing, Etc. · website · IPO 2016-11-02

GDS Holdings Ltd statistics & valuation

Profitability & efficiency

Net margin (%)
-26.20% -20.20% -15.40% -10.70% -11.60% -15.20% -13.70% -43.90% 33.20% 8.30% 2016201720182019202020212022202320242025
Gross margin (%)
25.20% 25.30% 22.30% 25.30% 27.00% 22.80% 21.10% 19.90% 21.50% 22.60% 2016201720182019202020212022202320242025
Operating margin (%)
-4.00% 5.10% 6.00% 11.60% 11.70% 7.30% 7.70% -22.60% 11.20% -0.50% 2016201720182019202020212022202320242025
Return on equity (%)
-9.30% -7.30% -7.80% -4.30% -2.60% -4.80% -5.50% -22.50% 15.20% 3.60% 2016201720182019202020212022202320242025
Shares outstanding
760.0M 941.3M 1.10B 1.25B 1.45B 1.46B 1.47B 1.48B 1.64B 2016201720182019202020212022202320242025
Net debt ($)
$87.1M $1.91B $5.80B $8.77B $11.49B $19.59B $25.49B $25.25B $16.58B $11.60B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-3.40% -2.50% -2.10% -1.40% -1.20% -1.70% -1.70% -5.80% 4.70% 1.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-107.80% -116.80% -153.10% -103.40% -134.50% -108.70% -32.40% -8.50% -9.20% -11.60% 2016201720182019202020212022202320242025
Debt / equity (×)
0.64× 0.85× 1.05× 0.85× 0.45× 0.80× 1.10× 1.32× 1.08× 0.97× 2016201720182019202020212022202320242025
EPS ($)
-$0.45 -$0.59 -$0.90 -$1.03 -$2.96 $2.27 $0.55 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin22.6%21.5%19.9%21.1%22.8%27.0%25.3%22.3%25.3%25.2%
Operating margin-0.5%11.2%-22.6%7.7%7.3%11.7%11.6%6.0%5.1%-4.0%
Net margin8.3%33.2%-43.9%-13.7%-15.2%-11.6%-10.7%-15.4%-20.2%-26.2%
FCF margin-11.6%-9.2%-8.5%-32.4%-108.7%-134.5%-103.4%-153.1%-116.8%-107.8%
Return on assets1.2%4.7%-5.8%-1.7%-1.7%-1.2%-1.4%-2.1%-2.5%-3.4%
Return on equity3.6%15.2%-22.5%-5.5%-4.8%-2.6%-4.3%-7.8%-7.3%-9.3%
Debt / equity0.97×1.08×1.32×1.10×0.80×0.45×0.85×1.05×0.85×0.64×
Current ratio2.601.281.321.131.072.401.770.871.011.49

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.