GDS Holdings GDS
NASDAQ GDS
$30.37 -0.07 (-0.23%)
As of: Sep 16, 2026 · 3:59 PM EDT

GDS Holdings (GDS) Debt Ratio (2015 - 2026)

GDS Holdings (GDS) posted Debt Ratio of 0.32 for Q2 2026, up 1.58% on a QoQ basis from 0.31 in Q1 2026, and down 3.75% year-over-year from 0.33 in Q2 2025.

Analysis

GDS Holdings (GDS) Debt Ratio (2015 - 2026) Analysis & Trends

GDS Holdings has reported Debt Ratio for 12 years, with the latest figure at 0.32 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 3.75% year-over-year to 0.32 in Q2 2026; TTM through Jun 2026 was 0.32, a 3.75% decrease from a year earlier, with the FY2025 full-year figure at 0.33, down 12.4% from the prior year.
  • Debt Ratio was 0.32 for Q2 2026 at GDS Holdings, up from 0.31 in the prior quarter.
  • The five-year high for Debt Ratio was 0.41 in Q1 2024, with the low at 0.31 in Q1 2026.
  • Average Debt Ratio over 5 years is 0.36, with a median of 0.35 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio soared 41.95% in 2022, then fell 18.36% in 2025.
  • Over 5 years, Debt Ratio stood at 0.36 in 2022, then fell by 5.35% to 0.34 in 2023, then increased by 3.36% to 0.36 in 2024, then fell by 6.26% to 0.33 in 2025, then slipped by 4.9% to 0.32 in 2026.
  • The last three Debt Ratio figures came in at 0.32 (Q2 2026), 0.31 (Q1 2026), and 0.33 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn 0.48
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn 0.52
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn 0.75
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn 0.50
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn 0.32
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn 1.16
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn 10.14
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn -
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn 0.07
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn 1.89
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.32
Mar 31, 2026 0.31
Dec 31, 2025 0.33
Sep 30, 2025 0.32
Jun 30, 2025 0.33
Mar 31, 2025 0.35
Dec 31, 2024 0.36
Sep 30, 2024 0.40
Jun 30, 2024 0.40
Mar 31, 2024 0.41
Dec 31, 2023 0.34
Sep 30, 2023 0.38
Jun 30, 2023 0.37
Mar 31, 2023 0.36
Dec 31, 2022 0.36
Sep 30, 2022 0.36
Jun 30, 2022 0.34
Mar 31, 2022 0.34
Dec 31, 2021 0.38
Sep 30, 2021 0.29