IHS Holding (IHS) Change in Working Capital (2020 - 2025)
IHS Holding's (IHS) quarterly Change in Working Capital came in at -$38.0 in Q4 2025, up 58.74% year-on-year from -$23.94 in Q4 2024, and up 58.74% on a QoQ basis from -$92.1 in Q4 2024.
IHS Holding (IHS) Change in Working Capital (2020 - 2025) Analysis & Trends
IHS Holding (IHS) has 6 years of Change in Working Capital data on file, last reported at -$38.0 in Q4 2025.
- On a quarterly basis, Change in Working Capital rose 58.74% year-over-year to -$38.0 in Q4 2025; TTM through Dec 2025 was $63.7 million, a 381.59% increase from a year earlier, with the FY2025 full-year figure at -$13.2, down 108.32% from the prior year.
- Change in Working Capital for Q4 2025 stood at -$38.0, up from -$92.1 in the prior quarter.
- Over the last five years, Change in Working Capital for IHS reached as high as $104.0 million in Q4 2023 and fell as low as -$86.3 million in Q1 2023.
- Historically, Change in Working Capital has averaged -$14.1 million across 5 years, with a median of -$16.3 million in 2021.
- Across the five-year window, Change in Working Capital sank 531.71% in 2022 and surged 580.27% in 2023, its largest moves.
- Year by year, Change in Working Capital stood at $18.2 million in 2021, then tumbled by 219.05% to -$21.7 million in 2022, then jumped by 580.27% to $104.0 million in 2023, then tumbled by 100.0% to -$92.1 in 2024, then surged by 58.74% to -$38.0 in 2025.
- Per Business Quant data, the three most recent Change in Working Capital figures were -$38.0 in Q4 2025, -$92.1 in Q4 2024, and $104.0 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 5,210.56 Bn | 5,210.27 Bn | - | 21.47 Mn |
| 2 | IHS Holding | 61.07 Bn | 60.09 Bn | 231.80 | - |
| 3 | KE Holdings | 54.02 Bn | 51.12 Bn | 661.06 Mn | - |
| 4 | Cbre | 42.10 Bn | 41.97 Bn | 1.85 Bn | - |
| 5 | Jones Lang Lasalle | 15.44 Bn | 15.00 Bn | - | - |
| 6 | Costar | 12.22 Bn | 10.91 Bn | 701.00 Mn | - |
| 7 | Compass | 8.67 Bn | 8.19 Bn | 2.31 Bn | - |
| 8 | FirstService | 6.41 Bn | 6.24 Bn | 480.66 Mn | 112.06 Mn |
| 9 | Opendoor Technologies | 3.66 Bn | 2.66 Bn | 72.00 Mn | - |
| 10 | Cushman & Wakefield | 3.05 Bn | 2.45 Bn | 420.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -38.00 |
| Dec 31, 2025 | -38.00 |
| Dec 31, 2024 | -92.10 |
| Dec 31, 2024 | -92.10 |
| Dec 31, 2023 | 104.00 Mn |
| Dec 31, 2023 | 104.00 Mn |
| Jun 30, 2023 | -40.28 Mn |
| Jun 30, 2023 | -40.28 Mn |
| Mar 31, 2023 | -86.35 Mn |
| Mar 31, 2023 | -86.35 Mn |
| Dec 31, 2022 | -21.66 Mn |
| Dec 31, 2022 | -21.66 Mn |
| Jun 30, 2022 | -22.16 Mn |
| Jun 30, 2022 | -22.16 Mn |
| Mar 31, 2022 | -68.95 Mn |
| Mar 31, 2022 | -68.95 Mn |
| Dec 31, 2021 | 18.19 Mn |
| Dec 31, 2021 | 18.19 Mn |
| Sep 30, 2021 | -5.18 Mn |
| Sep 30, 2021 | -5.18 Mn |