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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

GDS Holdings (GDS) Operating Margin (2016 - 2025)

GDS Holdings has reported Operating Margin over the past 11 years, most recently at 28.04% for Q4 2025.

  • For Q4 2025, Operating Margin rose 1683.0% year-over-year to 28.04%; the TTM value through Dec 2025 reached 30.73%, up 2032.0%, while the annual FY2025 figure was 1.52%, 976.0% down from the prior year.
  • Operating Margin for Q4 2025 was 28.04% at GDS Holdings, down from 30.34% in the prior quarter.
  • Over five years, Operating Margin peaked at 43.05% in Q4 2021 and troughed at 114.93% in Q4 2023.
  • A 5-year average of 7.91% and a median of 8.11% in 2021 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: crashed -12060bps in 2023 and later skyrocketed 12614bps in 2024.
  • Year by year, Operating Margin stood at 43.05% in 2021, then plummeted by -87bps to 5.67% in 2022, then tumbled by -2127bps to 114.93% in 2023, then surged by 110bps to 11.21% in 2024, then soared by 150bps to 28.04% in 2025.
  • Business Quant data shows Operating Margin for GDS at 28.04% in Q4 2025, 30.34% in Q3 2025, and 32.04% in Q2 2025.