GDS Holdings (GDS) Debt Ratio (2015 - 2026)
GDS Holdings' (GDS) Debt Ratio came in at 0.32 for the quarter ended Jun 30, 2026, down 3.7% from 0.33 a year earlier but up 1.2% from the prior quarter.
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Analysis
GDS Holdings (GDS) Debt Ratio (2015 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, GDS Holdings' Debt Ratio stood at 0.33, down 12.4% from the prior year.
- In prior years, GDS Holdings' Debt Ratio was 0.38 in the year ended Dec 31, 2024 (-5.3%), 0.40 in the year ended Dec 31, 2023 (+4.7%), 0.38 in the year ended Dec 31, 2022 (-4.6%) and 0.40 in the year ended Dec 31, 2021 (+65.6%).
- Quarterly Debt Ratio has run from a low of 0.29 in the quarter ended Sep 30, 2021 to a high of 0.41 in the quarter ended Mar 31, 2024 over five years.
- On a year-over-year basis, Debt Ratio has declined in each of the last six quarters, with an average decline of 7.9% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was the quarter ended Dec 31, 2021, with growth of 52.3%; the weakest was the quarter ended Sep 30, 2025, with a decline of 17.9%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.31 (quarter ended Mar 31, 2026), 0.33 (quarter ended Dec 31, 2025) and 0.33 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,958.25 Bn | 3,881.40 Bn | 60.48 Bn | 0.05 |
| 2 | International Business Machines | 235.91 Bn | 186.72 Bn | 9.91 Bn | 0.41 |
| 3 | Cloudflare | 109.04 Bn | 92.57 Bn | 499.52 Mn | 0.20 |
| 4 | Equinix | 97.94 Bn | 86.50 Bn | 1.40 Bn | 0.48 |
| 5 | Nebius | 41.99 Bn | 15.43 Bn | 448.70 Mn | 0.31 |
| 6 | CoreWeave | 34.26 Bn | 21.35 Bn | 1.70 Bn | 0.05 |
| 7 | Verisign | 27.92 Bn | 25.13 Bn | 384.60 Mn | 1.29 |
| 8 | Nutanix | 18.86 Bn | 10.55 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.15 Bn | 9.73 Bn | 828.20 Mn | 0.47 |
| 10 | GDS Holdings | 4.45 Bn | -3.83 Bn | 97.55 Mn | 0.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.31 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.01 |
| 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 | 0.39 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.33 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.29 |
API Access
GDS Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "GDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();