IHS Holding (IHS) Operating Margin (2020 - 2026)
IHS Holding's (IHS) quarterly Operating Margin came in at 19.32% in Q2 2026, down 1912.0% year-over-year from 1.07% in Q2 2025, and down 27.9% quarter-over-quarter from 26.79% in Q1 2026.
Analysis
IHS Holding (IHS) Operating Margin (2020 - 2026) Analysis & Trends
IHS Holding (IHS) has reported Operating Margin for 7 consecutive years, with 19.32% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 1912.0% year-over-year to 19.32% in Q2 2026; TTM through Jun 2026 was 39.94%, a 267.0% decrease from a year earlier, with the FY2025 full-year figure at 51.92%, down 12484492534.0% from the prior year.
- Operating Margin was 19.32% for Q2 2026 at IHS Holding, down from 26.79% in the prior quarter.
- Over five years, Operating Margin peaked at 81.4% in Q4 2025 and troughed at 5.08% in Q4 2022.
- A 5-year average of 29.35% and a median of 28.48% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin tumbled 3409 bps in 2024 and jumped 4398 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 5.08% in 2022, then surged by 772 bps to 34.18% in 2023, then soared by 77 bps to 60.61% in 2024, then soared by 34 bps to 81.4% in 2025, then tumbled by 76 bps to 19.32% in 2026.
- The last three Operating Margin figures came in at 19.32% (Q2 2026), 26.79% (Q1 2026), and 81.4% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 80.54 Bn | 78.77 Bn | 2.72 Bn | 46.15% |
| 2 | Crown Castle | 31.90 Bn | 30.86 Bn | 989.00 Mn | 46.63% |
| 3 | Sba Communications | 19.24 Bn | 19.24 Bn | 539.27 Mn | 49.19% |
| 4 | Array Digital Infrastructure | 3.30 Bn | 2.88 Bn | 30.57 Mn | 738.42% |
| 5 | IHS Holding | 2.84 Bn | 1.77 Bn | 207.10 Mn | 19.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.32% |
| Mar 31, 2026 | 26.79% |
| Dec 31, 2025 | 81.40% |
| Sep 30, 2025 | 35.14% |
| Jun 30, 2025 | 38.43% |
| Mar 31, 2025 | 42.29% |
| Dec 31, 2024 | 60.61% |
| Sep 30, 2024 | 29.93% |
| Jun 30, 2024 | 34.04% |
| Mar 31, 2024 | -1.70% |
| Dec 31, 2023 | 34.18% |
| Sep 30, 2023 | 2.92% |
| Jun 30, 2023 | 27.02% |
| Mar 31, 2023 | 32.39% |
| Dec 31, 2022 | -5.08% |
| Sep 30, 2022 | 25.68% |
| Jun 30, 2022 | 20.64% |
| Mar 31, 2022 | 24.35% |
| Dec 31, 2021 | 18.92% |
| Sep 30, 2021 | 13.93% |