GDS Holdings Limited (GDS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GDS SEC filings page.
GDS Holdings Limited (GDS) reported $1.6B in revenue for fiscal year 2025, up 15.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of GDS Holdings Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
GDS Holdings Limited has an operating margin of -0.5%, meaning the company loses less than $1 on every $100 of revenue. This results in a profitability score of 21/100. This is down from 11.2% the prior year.
GDS Holdings Limited's revenue surged 15.6% year-over-year to $1.6B, reflecting rapid business expansion. This strong growth earns a score of 62/100.
GDS Holdings Limited has elevated debt relative to equity (D/E of 0.91), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 24/100, reflecting increased financial risk.
With a current ratio of 2.60, GDS Holdings Limited holds $2.60 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 72/100.
While GDS Holdings Limited generated $481.2M in operating cash flow, capex of $670.8M consumed most of it, leaving -$189.6M in free cash flow. This results in a low score of 12/100, reflecting heavy capital investment rather than weak cash generation.
GDS Holdings Limited generates a 3.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 23/100. This is down from 15.3% the prior year.
GDS Holdings Limited scores 0.58, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $728.5M against total assets of $11.4B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
GDS Holdings Limited passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, GDS Holdings Limited generates $3.54 in operating cash flow ($481.2M OCF vs $135.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
GDS Holdings Limited reported an operating loss of $8.0M against $40.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
GDS Holdings Limited generated $1.6B in revenue in fiscal year 2025. This represents an increase of 15.6% from the prior year.
GDS Holdings Limited's EBITDA was $486.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 19.2% from the prior year.
GDS Holdings Limited reported $135.8M in net income in fiscal year 2025. This represents a decrease of 71.1% from the prior year.
GDS Holdings Limited earned $0.08 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 74.7% from the prior year.
Cash & Balance Sheet
GDS Holdings Limited recorded an outflow of $189.6M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
GDS Holdings Limited held $2.0B in cash against $3.3B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
GDS Holdings Limited's gross margin was 22.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the prior year.
GDS Holdings Limited's operating margin was -0.5% in fiscal year 2025, reflecting core business profitability. This is down 11.7 percentage points from the prior year.
GDS Holdings Limited's net profit margin was 8.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 24.9 percentage points from the prior year.
GDS Holdings Limited's ROE was 3.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 11.6 percentage points from the prior year.
Capital Allocation
GDS Holdings Limited invested $4.7M in research and development in fiscal year 2025. This represents a decrease of 6.0% from the prior year.
GDS Holdings Limited invested $670.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 54.5% from the prior year.
Not reported for fiscal year 2025.
GDS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B+15.6% | $1.4B+2.6% | $1.4B+2.5% | $1.3B+9.5% | $1.2B+39.5% | $879.5M+48.5% | $592.1M+45.8% | $406.1M+63.5% | $248.4M+63.3% | $152.1M+40.0% | $108.6M+43.9% | $75.5M |
| Cost of Revenue | $1.3B+14.0% | $1.1B+0.6% | $1.1B+4.0% | $1.1B+11.9% | $947.7M+47.6% | $641.9M+45.1% | $442.4M+40.2% | $315.6M+70.0% | $185.6M+63.1% | $113.8M+43.2% | $79.5M+27.1% | $62.6M |
| Gross Profit | $369.7M+21.4% | $304.5M+10.8% | $274.8M-2.9% | $282.9M+1.3% | $279.2M+17.5% | $237.6M+58.6% | $149.8M+65.4% | $90.5M+44.2% | $62.8M+64.1% | $38.3M+31.4% | $29.1M+125.4% | $12.9M |
| R&D Expenses | $4.7M-6.0% | $5.0M-7.4% | $5.4M+16.2% | $4.6M-25.1% | $6.2M+0.6% | $6.1M+97.6% | $3.1M+53.5% | $2.0M+81.3% | $1.1M-14.9% | $1.3M+138.9% | $549K+113.2% | $257K |
| SG&A Expenses | $149.8M+5.7% | $141.7M-9.1% | $155.9M-9.9% | $173.1M-5.8% | $183.7M+43.1% | $128.3M+65.1% | $77.8M+21.5% | $64.0M+30.6% | $49.0M+13.9% | $43.1M+49.7% | $28.8M+15.7% | $24.9M |
| Operating Income | -$8.0M-105.1% | $157.8Mn/m | -$310.9M-400.6% | $103.4M+15.7% | $89.4M-13.3% | $103.1M+49.6% | $68.9M+181.4% | $24.5M+93.7% | $12.6Mn/m | -$6.1Mn/m | -$188Kn/m | -$12.2M |
| EBITDA | $486.7M-19.2% | $602.1M+268.1% | $163.6M-70.6% | $555.8M+11.2% | $500.0M+41.2% | $354.2M+52.1% | $233.0M+76.0% | $132.3M+87.0% | $70.8M+165.6% | $26.6M+19.7% | $22.3M+1857.6% | $1.1M |
| Interest Expense | $40.9M+40.1% | $29.2M-7.0% | $31.4M+228.9% | $9.5M+20.8% | $7.9M-3.9% | $8.2M-94.1% | $139.1M+45.8% | $95.4M+50.7% | $63.3M+65.8% | $38.2M+95.0% | $19.6M-7.9% | $21.3M |
| Income Tax | $67.2M+214.2% | $21.4Mn/m | -$2.2M-105.5% | $40.1M+5.3% | $38.0M+105.6% | $18.5M+723.4% | $2.2Mn/m | -$1.4Mn/m | -$934Kn/m | -$1.2Mn/m | -$1.8Mn/m | -$739K |
| Net Income | $135.8M-71.1% | $469.3Mn/m | -$604.2Mn/m | -$184.0Mn/m | -$186.3Mn/m | -$102.1Mn/m | -$63.5Mn/m | -$62.6Mn/m | -$50.2Mn/m | -$39.8Mn/m | -$15.2Mn/m | -$21.0M |
| EPS (Basic) | $0.08-72.9% | $0.31n/m | -$0.42n/m | -$0.15n/m | -$0.14n/m | -$0.09n/m | -$0.06n/m | -$0.06n/m | -$0.06 | -$0.19 | -$0.15n/m | -$0.31 |
| EPS (Diluted) | $0.08-74.7% | $0.31n/m | -$0.42n/m | -$0.15n/m | -$0.14n/m | -$0.09n/m | -$0.06n/m | -$0.06n/m | -$0.06 | -$0.19 | -$0.15n/m | -$0.31 |
| Diluted Shares (Avg) | 1.64B+11.5% | 1.48B+0.5% | 1.47B+0.3% | 1.46B+0.8% | 1.45B+15.9% | 1.25B+13.7% | 1.10B | N/A | N/A | N/A | N/A | N/A |
GDS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.4B+13.4% | $10.1B-3.8% | $10.5B-3.3% | $10.8B-3.5% | $11.2B+28.1% | $8.8B+94.0% | $4.5B+48.9% | $3.0B+50.4% | $2.0B+71.0% | $1.2B+49.3% | $791.7M | N/A |
| Current Assets | $2.7B+66.7% | $1.6B+2.8% | $1.5B-10.7% | $1.7B-23.7% | $2.3B-19.2% | $2.8B+175.9% | $1.0B+130.4% | $441.8M+17.1% | $377.2M+18.5% | $318.4M+73.8% | $183.2M | N/A |
| Cash & Equivalents | $2.0B+89.8% | $1.1B+2.1% | $1.1B-11.3% | $1.2B-36.9% | $1.9B-25.3% | $2.5B+194.6% | $858.0M+158.2% | $332.3M+15.4% | $287.9M+10.4% | $260.9M+82.8% | $142.7M+45.9% | $97.8M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Accounts Receivable | $352.8M-14.8% | $414.0M+17.9% | $351.1M+0.7% | $348.8M+28.3% | $271.9M+19.8% | $226.9M+79.5% | $126.4M+61.9% | $78.1M+39.3% | $56.0M+95.7% | $28.6M+67.1% | $17.1M | N/A |
| Long-Term Investments | $1.4M+42.6% | $952K-7.4% | $1.0Mn/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Goodwill | $741.8M-8.0% | $806.4M-2.7% | $829.1M-19.2% | $1.0B-7.6% | $1.1B+179.1% | $397.9M+45.4% | $273.8M+7.4% | $254.8M+5.5% | $241.4M+25.0% | $193.2M-3.4% | $199.9M-4.2% | $208.7M |
| Total Liabilities | $7.5B+9.1% | $6.8B-10.5% | $7.7B+4.2% | $7.3B+2.3% | $7.2B+53.1% | $4.7B+62.1% | $2.9B+29.4% | $2.2B+67.7% | $1.3B+77.3% | $751.5M-11.0% | $844.2M | N/A |
| Current Liabilities | $1.0B-18.0% | $1.2B+6.3% | $1.2B-23.9% | $1.5B-27.2% | $2.1B+80.4% | $1.2B+103.9% | $574.5M+12.6% | $510.2M+37.0% | $372.4M+74.8% | $213.1M+49.2% | $142.8M | N/A |
| Non-Current Liabilities | $6.5B+15.2% | $5.6B-13.5% | $6.5B+11.7% | $5.8B+14.6% | $5.1B+44.0% | $3.5B+51.7% | $2.3B+34.4% | $1.7B+79.6% | $960.0M+78.3% | $538.4M-23.2% | $701.4M | N/A |
| Long-Term Debt | $3.3B+11.3% | $3.0B-7.7% | $3.3B-4.6% | $3.4B+18.8% | $2.9B+77.2% | $1.6B+40.4% | $1.2B+52.4% | $756.8M+42.3% | $531.8M+144.6% | $217.4M+47.0% | $147.9M | N/A |
| Total Equity | $3.7B+19.8% | $3.1B+15.6% | $2.7B-20.3% | $3.3B-13.1% | $3.8B-2.0% | $3.9B+165.0% | $1.5B+84.1% | $803.1M+16.8% | $687.9M+59.9% | $430.1Mn/m | -$52.6Mn/m | -$2.7M |
| Retained Earnings | -$728.5Mn/m | -$828.1Mn/m | -$1.3Bn/m | -$751.0Mn/m | -$613.7Mn/m | -$417.4Mn/m | -$295.5Mn/m | -$234.9Mn/m | -$182.2Mn/m | -$123.7Mn/m | -$89.9M | N/A |
Not reported in any period shown, so not listed: Inventory.
GDS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $481.2M+81.2% | $265.6M-8.7% | $290.9M-28.6% | $407.4M+116.1% | $188.5M+283.3% | $49.2M+16.7% | $42.1Mn/m | -$1.9Mn/m | -$25.8Mn/m | -$18.6Mn/m | -$12.4M-375.3% | $4.5M |
| Depreciation & Amortization | $494.7M+11.3% | $444.3M-6.4% | $474.4M+4.9% | $452.4M+10.2% | $410.6M+63.5% | $251.1M+53.1% | $164.0M+52.1% | $107.8M+85.6% | $58.1M+77.5% | $32.7M+45.9% | $22.4M+68.3% | $13.3M |
| Stock-Based Compensation | $40.5M-0.2% | $40.6M-14.3% | $47.4M+12.4% | $42.2M-31.3% | $61.4M+20.1% | $51.1M+87.6% | $27.3M+77.0% | $15.4M+67.4% | $9.2M-0.5% | $9.2M+1374.2% | $627K-85.8% | $4.4M |
| Capital Expenditures | $670.8M+54.5% | $434.2M-3.5% | $449.9M-47.1% | $850.6M-44.1% | $1.5B+23.6% | $1.2B+88.1% | $654.7M+5.6% | $619.7M+134.4% | $264.4M+85.8% | $142.3M+25.7% | $113.2M+182.7% | $40.0M |
| Free Cash Flow | -$189.6Mn/m | -$168.6Mn/m | -$159.0Mn/m | -$443.2Mn/m | -$1.3Bn/m | -$1.2Bn/m | -$612.5Mn/m | -$621.6Mn/m | -$290.2Mn/m | -$160.8Mn/m | -$125.5Mn/m | -$35.5M |
| Investing Cash Flow | -$434.7Mn/m | -$1.2Bn/m | -$1.0Bn/m | -$1.8Bn/m | -$2.1Bn/m | -$1.4Bn/m | -$737.1Mn/m | -$688.4Mn/m | -$308.2Mn/m | -$165.2Mn/m | -$113.0M | N/A |
| Financing Cash Flow | $873.1M-62.6% | $2.3B+298.9% | $585.9M-34.2% | $890.7M-30.1% | $1.3B-58.7% | $3.1B+157.0% | $1.2B+69.3% | $709.3M+95.9% | $362.1M+18.1% | $306.6M+76.1% | $174.1M | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $19.3M |
Not reported in any period shown, so not listed: Dividends Paid.
GDS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.6%+1.1pp | 21.5%+1.6pp | 20.0%-1.1pp | 21.1%-1.7pp | 22.8%-4.3pp | 27.0%+1.7pp | 25.3%+3.0pp | 22.3%-3.0pp | 25.3%+0.1pp | 25.2%-1.7pp | 26.8%+9.7pp | 17.1% |
| Operating Margin | -0.5%-11.7pp | 11.2%+33.7pp | -22.6%-30.3pp | 7.7%+0.4pp | 7.3%-4.5pp | 11.7%+0.1pp | 11.6%+5.6pp | 6.0%+0.9pp | 5.1%+9.1pp | -4.0%-3.8pp | -0.2%+16.0pp | -16.2% |
| Net Margin | 8.3%-24.9pp | 33.2%+77.0pp | -43.9%-30.2pp | -13.7%+1.5pp | -15.2%-3.6pp | -11.6%-0.9pp | -10.7%+4.7pp | -15.4%+4.8pp | -20.2%+5.9pp | -26.2%-12.2pp | -14.0%+13.8pp | -27.8% |
| Return on Equity | 3.7%-11.6pp | 15.3%+38.0pp | -22.7%-17.2pp | -5.5%-0.7pp | -4.9%-2.2pp | -2.6%+1.7pp | -4.3%+3.5pp | -7.8%-0.5pp | -7.3%+2.0pp | -9.3% | N/A | N/A |
| Return on Assets | 1.2%-3.5pp | 4.7%+10.4pp | -5.8%-4.1pp | -1.7%0.0pp | -1.7%-0.5pp | -1.2%+0.2pp | -1.4%+0.7pp | -2.1%+0.4pp | -2.5%+0.9pp | -3.4%-1.5pp | -1.9% | N/A |
| Current Ratio | 2.60+1.3x | 1.280.0x | 1.32+0.2x | 1.13+0.1x | 1.07-1.3x | 2.40+0.6x | 1.77+0.9x | 0.87-0.1x | 1.01-0.5x | 1.49+0.2x | 1.28 | N/A |
| Debt-to-Equity | 0.91-0.1x | 0.98-0.2x | 1.22+0.2x | 1.02+0.3x | 0.75+0.3x | 0.41-0.4x | 0.78-0.2x | 0.94+0.2x | 0.77+0.3x | 0.51 | N/A | N/A |
| Liabilities-to-Equity | 2.03-0.2x | 2.23-0.6x | 2.88+0.7x | 2.20+0.3x | 1.87+0.7x | 1.20-0.8x | 1.96-0.8x | 2.78+0.8x | 1.94+0.2x | 1.75 | N/A | N/A |
| Asset Turnover | 0.140.0x | 0.140.0x | 0.130.0x | 0.120.0x | 0.110.0x | 0.100.0x | 0.130.0x | 0.130.0x | 0.120.0x | 0.130.0x | 0.14 | N/A |
| FCF Margin | -11.6%+0.3pp | -11.9%-0.4pp | -11.5%+21.4pp | -33.0% | -108.7% | -134.4% | -103.4% | -153.1% | -116.8% | -105.8% | -115.6% | -47.1% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| GDS Holdings Limited GDS | FY2025 | $1.6B | $135.8M | 8.3% | $4.4B | 36/100 |
| ExlService Holdings, Inc. EXLS | FY2025 | $2.1B | $251.0M | 12.0% | $6.2B | 76/100 |
| Kyndryl Holdings, Inc. KD | FY2026 | $15.1B | $198.0M | 1.3% | $3.1B | 26/100 |
| EPAM SYSTEMS, INC. EPAM | FY2025 | $5.5B | $377.7M | 6.9% | $6.9B | 75/100 |
| Parsons Corporation PSN | FY2025 | $6.4B | $241.1M | 3.8% | $4.8B | 55/100 |
| GENPACT LIMITED G | FY2025 | $5.1B | $552.5M | 10.9% | $6.6B | 68/100 |
Where GDS Holdings Limited Ranks
Frequently Asked Questions
What is GDS Holdings Limited's annual revenue?
GDS Holdings Limited (GDS) reported $1.6B in total revenue for fiscal year 2025. This represents a 15.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is GDS Holdings Limited's revenue growing?
GDS Holdings Limited (GDS) revenue grew by 15.6% year-over-year, from $1.4B to $1.6B in fiscal year 2025.
Is GDS Holdings Limited profitable?
Yes, GDS Holdings Limited (GDS) reported a net income of $135.8M in fiscal year 2025, with a net profit margin of 8.3%.
What is GDS Holdings Limited's EBITDA?
GDS Holdings Limited (GDS) had EBITDA of $486.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does GDS Holdings Limited have?
As of fiscal year 2025, GDS Holdings Limited (GDS) had $2.0B in cash and equivalents against $3.3B in long-term debt.
What is GDS Holdings Limited's gross margin?
GDS Holdings Limited (GDS) had a gross margin of 22.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is GDS Holdings Limited's operating margin?
GDS Holdings Limited (GDS) had an operating margin of -0.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is GDS Holdings Limited's net profit margin?
GDS Holdings Limited (GDS) had a net profit margin of 8.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is GDS Holdings Limited's return on equity (ROE)?
GDS Holdings Limited (GDS) has a return on equity of 3.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is GDS Holdings Limited's free cash flow?
GDS Holdings Limited (GDS) recorded an outflow of $189.6M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is GDS Holdings Limited's operating cash flow?
GDS Holdings Limited (GDS) generated $481.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are GDS Holdings Limited's total assets?
GDS Holdings Limited (GDS) had $11.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are GDS Holdings Limited's capital expenditures?
GDS Holdings Limited (GDS) invested $670.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does GDS Holdings Limited spend on research and development?
GDS Holdings Limited (GDS) invested $4.7M in research and development during fiscal year 2025.
What is GDS Holdings Limited's current ratio?
GDS Holdings Limited (GDS) had a current ratio of 2.60 as of fiscal year 2025, which is generally considered healthy.
What is GDS Holdings Limited's debt-to-equity ratio?
GDS Holdings Limited (GDS) had a debt-to-equity ratio of 0.91 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is GDS Holdings Limited's liabilities-to-equity ratio?
GDS Holdings Limited (GDS) had a liabilities-to-equity ratio of 2.03 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is GDS Holdings Limited's return on assets (ROA)?
GDS Holdings Limited (GDS) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is GDS Holdings Limited's P/E ratio?
GDS Holdings Limited (GDS) trades at 32.7x earnings, its market capitalization divided by $135.8M net income, FY2025. The market capitalization is $4.4B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GDS Holdings Limited's price-to-sales ratio?
GDS Holdings Limited (GDS) trades at 2.7x sales, its market capitalization divided by $1.6B revenue, FY2025. The market capitalization is $4.4B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GDS Holdings Limited's Altman Z-Score?
GDS Holdings Limited (GDS) has an Altman Z-Score of 0.58, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is GDS Holdings Limited's Piotroski F-Score?
GDS Holdings Limited (GDS) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are GDS Holdings Limited's earnings high quality?
GDS Holdings Limited (GDS) has an earnings quality ratio of 3.54x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can GDS Holdings Limited cover its interest payments?
GDS Holdings Limited (GDS) reported an operating loss of $8.0M against $40.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is GDS Holdings Limited?
GDS Holdings Limited (GDS) scores 36 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.