IHS Holding (IHS) Return on Capital Employed [ROCE] (2021 - 2026)
IHS Holding's Return on Capital Employed [ROCE] was 20.60% in Q2 2026, up 2.78 percentage points from 17.82% a year earlier but down 2.39 percentage points from the prior quarter.
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Analysis
IHS Holding (IHS) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at IHS Holding came in at 25.95%, up 11.37 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now increased for three consecutive years, with a five-year change of +15.72 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 14.58% in FY2024 (+3.28 pp), 11.30% in FY2023 (+4.61 pp), 6.69% in FY2022 (-2.63 pp) and 9.33% in FY2021 (-0.91 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between 6.23% (Q4 2022) and 26.76% (Q2 2022) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for eight straight quarters, with an average year-over-year change of +6.13 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2025 (a gain of 11.12 percentage points); the worst was Q2 2023 (a drop of 17.64 percentage points).
- Per Business Quant data, IHS's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 22.99% (Q1 2026), 23.61% (Q4 2025) and 18.20% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 88.05 Bn | 87.79 Bn | 2.72 Bn | 9.01% |
| 2 | Digital Realty Trust | 63.77 Bn | 54.30 Bn | - | - |
| 3 | Crown Castle | 36.64 Bn | 35.39 Bn | 989.00 Mn | 8.56% |
| 4 | Sba Communications | 19.60 Bn | 18.25 Bn | 539.27 Mn | 18.50% |
| 5 | Lamar Advertising | 13.51 Bn | 13.33 Bn | 422.53 Mn | 11.99% |
| 6 | OUTFRONT Media | 5.47 Bn | 5.23 Bn | 276.40 Mn | 8.53% |
| 7 | Array Digital Infrastructure | 2.90 Bn | 1.80 Bn | 30.57 Mn | 16.07% |
| 8 | IHS Holding | 2.83 Bn | -733.80 Mn | 207.10 Mn | 21.46% |
| 9 | Fermi | 1.63 Bn | 765.63 Mn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | 10.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.46% |
| Mar 31, 2026 | 23.87% |
| Dec 31, 2025 | 24.44% |
| Sep 30, 2025 | 20.72% |
| Jun 30, 2025 | 20.41% |
| Mar 31, 2025 | 21.73% |
| Dec 31, 2024 | 16.06% |
| Sep 30, 2024 | 11.40% |
| Jun 30, 2024 | 8.35% |
| Mar 31, 2024 | 7.69% |
| Dec 31, 2023 | 12.34% |
| Sep 30, 2023 | 7.53% |
| Jun 30, 2023 | 9.12% |
| Mar 31, 2023 | 7.66% |
| Dec 31, 2022 | 6.23% |
| Sep 30, 2022 | 8.80% |
| Jun 30, 2022 | 5.82% |
| Dec 31, 2021 | 9.50% |
API Access
IHS Holding Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=IHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "IHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=IHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();