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
DateValue
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