GDS Holdings (GDS) EV to CFO (2019 - 2026)
GDS Holdings' (GDS) EV to CFO stood at 7.99 in the quarter ended Jun 30, 2026, down 13.4% from 9.23 a year earlier and down 45.4% from the prior quarter.
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Analysis
GDS Holdings (GDS) EV to CFO (2019 - 2026) Analysis & Trends
On a TTM basis, GDS Holdings' EV to CFO came in at -3.70 as of Jun 30, 2026; for the year ended Dec 31, 2025, it came in at 10.98, up 37.3% from the prior year.
- Across earlier years, EV to CFO came in at 8.00 in the year ended Dec 31, 2024 (+244.7%), 2.32 in the year ended Dec 31, 2023 (-64.4%), 6.51 in the year ended Dec 31, 2022 (-83.1%) and 38.51 in the year ended Dec 31, 2021 (-87.4%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly EV to CFO since the quarter ended Jun 30, 2024.
- On a year-over-year basis, EV to CFO rose in five of the last seven quarters, with growth averaging 151.5%.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 453.6% in the quarter ended Dec 31, 2024, against a decline of 89.3% in the quarter ended Sep 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.65 (quarter ended Mar 31, 2026), 11.25 (quarter ended Dec 31, 2025) and 12.31 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,957.13 Bn | 3,880.29 Bn | 60.48 Bn |
| 2 | International Business Machines | 226.33 Bn | 177.14 Bn | 9.91 Bn |
| 3 | Cloudflare | 104.75 Bn | 88.28 Bn | 499.52 Mn |
| 4 | Equinix | 97.14 Bn | 85.70 Bn | 1.40 Bn |
| 5 | Nebius | 41.26 Bn | 14.70 Bn | 448.70 Mn |
| 6 | CoreWeave | 34.48 Bn | 21.58 Bn | 1.70 Bn |
| 7 | Verisign | 27.95 Bn | 25.17 Bn | 384.60 Mn |
| 8 | Nutanix | 18.33 Bn | 10.01 Bn | 651.35 Mn |
| 9 | GoDaddy | 14.31 Bn | 9.88 Bn | 828.20 Mn |
| 10 | GDS Holdings | 4.46 Bn | -3.82 Bn | 97.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.04 |
| Mar 31, 2026 | 14.80 |
| Dec 31, 2025 | 11.33 |
| Sep 30, 2025 | 12.31 |
| Jun 30, 2025 | 9.26 |
| Mar 31, 2025 | 9.89 |
| Dec 31, 2024 | 13.69 |
| Sep 30, 2024 | 9.53 |
| Jun 30, 2024 | 1.78 |
| Mar 31, 2024 | 0.80 |
| Dec 31, 2023 | 2.68 |
| Sep 30, 2023 | 3.78 |
| Jun 30, 2023 | 3.30 |
| Mar 31, 2023 | 4.75 |
| Dec 31, 2022 | 6.70 |
| Sep 30, 2022 | 5.75 |
| Jun 30, 2022 | 14.32 |
| Mar 31, 2022 | 36.66 |
| Dec 31, 2021 | 38.28 |
| Sep 30, 2021 | 53.03 |
API Access
GDS Holdings EV to CFO 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=ev-to-cfo&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();