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GDS (GDS) Financials

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$28.50 +0.34 (+1.21%)
Closing price 05/23/2025 04:00 PM Eastern
Extended Trading
$28.39 -0.11 (-0.39%)
As of 05/23/2025 07:08 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for GDS

Annual Income Statements for GDS

This table shows GDS's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders		 931 -612 -219 -206 -113 -72 -63 -50 -58 -33 -50
Consolidated Net Income / (Loss)		 453 -604 -184 -187 -103 -63 -63 -50 -40 -15 -21
Net Income / (Loss) Continuing Operations		 -106 -604 -184 -187 -103 -63 -63 -50 -40 -15 -21
Total Pre-Tax Income 		-84 -606 -144 -149 -84 -61 -64 -51 -41 -17 -22
Total Operating Income		 158 -346 80 89 104 69 25 13 -6.08 -0.19 -12
Total Gross Profit		 304 271 281 279 238 150 91 63 38 29 13
Total Revenue		 1,414 1,402 1,352 1,227 883 592 406 248 151 107 75
Operating Revenue		 1,414 1,402 1,352 1,227 883 592 406 248 151 107 75
Total Cost of Revenue		 1,110 1,132 1,071 948 644 442 316 185 113 78 62
Operating Cost of Revenue		 1,110 1,132 1,071 948 644 442 316 185 113 78 62
Total Operating Expenses		 147 617 201 190 135 81 66 50 44 29 25
Selling, General & Admin Expense		 126 167 172 160 108 59 48 35 33 20 18
Marketing Expense		 16 20 22 23 21 19 16 14 10 8.77 6.52
Research & Development Expense		 4.98 5.37 5.19 6.17 6.16 3.11 2.03 1.11 1.30 0.54 0.26
Impairment Charge		 0.00 424 1.85 0.00 0.00 - - - - - -
Total Other Income / (Expense), net		 -242 -259 -224 -238 -188 -130 -88 -64 -35 -17 -9.47
Interest Expense		 264 287 274 260 202 139 96 63 38 19 21
Interest & Investment Income		 12 14 6.16 7.92 4.46 7.61 2.80 0.86 0.30 0.21 11
Other Income / (Expense), net		 9.32 14 44 13 10 1.36 4.22 -1.35 2.98 2.47 0.58
Income Tax Expense		 21 -2.08 40 38 19 2.25 -1.37 -0.93 -1.19 -1.82 -0.74
Net Income / (Loss) Discontinued Operations		 558 - - - - - - - - - -
Preferred Stock Dividends Declared		 7.43 7.55 7.43 7.70 8.11 8.34 0.00 0.00 18 18 29
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.85 0.66 28 12 2.43 0.00 0.00 - - - -
Basic Earnings per Share		 $0.31 ($2.96) ($1.03) ($0.90) ($0.59) ($0.45) ($0.43) ($0.42) ($1.35) ($0.99) ($1.91)
Weighted Average Basic Shares Outstanding		 1.48B 1.47B 1.46B 1.45B 1.25B 1.10B 990.26M 784.57M 299.09M 217.99M 162.07M
Diluted Earnings per Share		 $0.31 ($2.96) ($1.03) ($0.90) ($0.59) ($0.45) ($0.43) ($0.42) ($1.35) ($0.99) ($1.91)
Weighted Average Diluted Shares Outstanding		 1.48B 1.47B 1.46B 1.45B 1.25B 1.10B 990.26M 784.57M 299.09M 217.99M 162.07M
Weighted Average Basic & Diluted Shares Outstanding		 1.56B 1.52B 1.52B 1.50B 1.25B 1.10B 990.26M 784.57M 299.09M 217.99M 162.07M

Quarterly Income Statements for GDS

No quarterly income statements for GDS are available.

Annual Cash Flow Statements for GDS

This table details how cash moves in and out of GDS's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents		 1,400 -136 -456 -701 1,618 530 49 17 130 48 90
Net Cash From Operating Activities		 266 291 414 189 49 42 -1.88 -26 -18 -12 4.49
Net Cash From Continuing Operating Activities		 304 291 414 189 49 42 -1.88 -26 -18 -12 4.49
Net Income / (Loss) Continuing Operations		 -106 -604 -184 -187 -103 -63 -63 -50 -40 -15 -21
Consolidated Net Income / (Loss)		 453 -604 -184 -187 -103 -63 -63 -50 -40 -15 -21
Net Income / (Loss) Discontinued Operations		 558 - - - - - - - - - -
Depreciation Expense		 444 496 462 411 252 164 108 58 33 22 13
Amortization Expense		 15 21 22 31 25 14 8.93 7.38 0.85 0.00 5.45
Non-Cash Adjustments To Reconcile Net Income		 50 488 34 76 47 29 16 9.18 8.50 -5.28 -5.81
Changes in Operating Assets and Liabilities, net		 -99 -111 79 -143 -171 -102 -72 -50 -21 -14 12
Net Cash From Discontinued Operating Activities		 -39 - - - - - - - - - -
Net Cash From Investing Activities		 -1,200 -891 -1,635 -2,149 -1,442 -737 -689 -308 -164 -111 -84
Net Cash From Continuing Investing Activities		 -252 -891 -1,635 -2,149 -1,442 -737 -689 -307 -164 -111 -84
Purchase of Property, Plant & Equipment		 -434 -848 -1,138 -1,522 -1,236 -654 -620 -264 -142 -112 -40
Acquisitions		 -12 -33 -505 -570 -208 -80 -69 -40 -17 0.00 -2.19
Purchase of Investments		 0.00 -0.42 -0.90 -0.47 -0.69 -0.86 0.00 0.00 - 0.00 -49
Sale of Property, Plant & Equipment		 28 2.61 6.32 0.22 2.53 0.73 2.02 0.00 0.01 0.01 0.03
Divestitures		 5.34 3.33 0.00 8.98 0.74 1.74 0.07 3.82 0.18 0.00 6.59
Other Investing Activities, net		 160 -16 2.75 -65 -0.66 -4.41 -1.59 -6.14 -6.02 0.16 0.66
Net Cash From Discontinued Investing Activities		 -948 - - - - - - - - - -
Net Cash From Financing Activities		 2,337 443 704 1,274 3,098 1,201 710 361 305 172 170
Net Cash From Continuing Financing Activities		 24 443 704 1,274 3,098 1,201 710 361 305 172 170
Repayment of Debt		 -833 -1,190 -1,406 -978 -712 -414 -248 -283 -137 -74 -78
Payment of Dividends		 -7.42 -7.59 -94 -18 -10 -3.59 0.00 0.00 -11 0.00 0.00
Issuance of Debt		 912 2,044 2,292 2,540 1,245 785 819 559 278 248 80
Other Financing Activities, net		 -47 -411 -88 -306 102 -17 -48 -14 0.00 0.45 19
Net Cash From Discontinued Financing Activities		 2,313 - - - - - - - - - -
Effect of Exchange Rate Changes		 -1.86 22 60 -15 -87 24 30 -11 7.96 0.34 -0.37
Cash Interest Paid		 287 290 261 241 171 121 92 55 33 12 8.87
Cash Income Taxes Paid		 53 43 50 40 33 2.45 0.49 0.21 0.81 0.13 0.07

Quarterly Cash Flow Statements for GDS

No quarterly cash flow statements for GDS are available.

Annual Balance Sheets for GDS

This table presents GDS's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 10,090 10,486 10,847 11,241 8,807 4,522 3,040 2,017 1,176 781
Total Current Assets		 1,591 1,547 1,733 2,270 2,818 1,017 442 377 317 181
Cash & Equivalents		 1,078 1,086 1,248 1,564 2,501 834 315 287 260 141
Restricted Cash		 9.24 5.93 23 316 13 4.92 0.01 1.66 3.97 0.98
Accounts Receivable		 414 359 349 272 228 126 78 56 29 17
Inventories, net		 33 30 24 36 - - 24 17 10 -
Other Current Assets		 57 42 62 50 27 21 16 6.54 7.05 14
Other Current Nonoperating Assets		 0.00 - - - - - - - - -
Plant, Property, & Equipment, net		 5,508 6,690 6,802 6,375 4,552 2,754 2,037 1,253 620 383
Total Noncurrent Assets		 2,991 2,248 2,312 2,596 1,437 750 561 387 240 218
Long-Term Investments		 1,034 - - - - - - 0.00 - -
Noncurrent Note & Lease Receivables		 204 197 168 348 222 128 71 45 14 0.00
Goodwill		 806 997 1,026 1,110 399 274 255 241 192 197
Intangible Assets		 66 97 152 201 121 57 70 53 13 7.15
Noncurrent Deferred & Refundable Income Taxes		 52 41 33 29 22 10 5.38 2.20 1.81 0.36
Other Noncurrent Operating Assets		 829 917 933 907 672 282 159 46 18 13
Other Noncurrent Nonoperating Assets		 0.00 - - - - - - - - -
Total Liabilities & Shareholders' Equity		 10,090 10,486 10,847 11,241 8,807 4,522 3,040 2,017 1,176 781
Total Liabilities		 6,847 7,651 7,341 7,177 4,705 2,891 2,236 1,330 748 468
Total Current Liabilities		 1,244 1,170 1,537 2,113 1,176 574 511 372 212 141
Short-Term Debt		 611 425 853 933 331 163 211 121 90 73
Accounts Payable		 355 482 448 612 562 241 219 227 103 61
Accrued Expenses		 178 169 147 420 215 117 69 - - -
Current Deferred Revenue		 12 17 23 14 15 13 11 8.53 5.83 7.08
Other Current Liabilities		 87 77 66 133 52 40 0.00 15 13 -
Other Current Nonoperating Liabilities		 0.00 - - - - - - - - -
Total Noncurrent Liabilities		 5,604 6,481 5,803 5,064 3,529 2,317 1,726 958 536 327
Long-Term Debt		 4,176 4,950 4,033 3,167 1,922 1,447 1,049 531 366 245
Capital Lease Obligations		 175 197 235 - - - - 353 147 65
Noncurrent Deferred & Payable Income Tax Liabilities		 170 181 204 115 71 36 25 19 7.64 5.74
Other Noncurrent Operating Liabilities		 1,082 1,155 1,332 1,782 1,537 834 651 55 16 12
Other Noncurrent Nonoperating Liabilities		 0.00 - - - - - - - - -
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 148 150 152 214 169 152 0.00 - - 365
Total Equity & Noncontrolling Interests		 3,095 2,684 3,355 3,850 3,932 1,478 804 687 428 -52
Total Preferred & Common Equity		 3,077 2,661 3,338 3,840 3,932 1,478 804 687 428 -52
Total Common Equity		 3,077 2,661 3,338 3,840 3,932 1,478 804 687 428 -52
Common Stock		 4,055 4,132 4,212 4,548 4,419 1,781 1,059 899 579 46
Retained Earnings		 -828 -1,334 -751 -614 -419 -295 -235 -182 -123 -89
Accumulated Other Comprehensive Income / (Loss)		 -150 -137 -123 -94 -68 -7.56 -20 -31 -28 -9.43
Noncontrolling Interest		 18 23 17 9.29 0.00 - - - - -

Quarterly Balance Sheets for GDS

No quarterly balance sheets for GDS are available.

Annual Metrics And Ratios for GDS

This table displays calculated financial ratios and metrics derived from GDS's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 2.63% 3.72% 10.20% 39.00% 49.13% 45.64% 63.87% 63.79% 41.34% 42.26% 0.00%
EBITDA Growth		 215.51% -69.67% 11.74% 39.58% 57.11% 70.68% 89.88% 152.56% 24.32% 241.17% 0.00%
EBIT Growth		 156.53% -368.06% 20.58% -9.50% 61.82% 144.59% 154.90% 464.40% -235.58% 119.67% 0.00%
NOPAT Growth		 150.77% -532.87% -10.48% -13.65% 50.25% 181.11% 94.21% 307.66% -3,179.24% 98.48% 0.00%
Net Income Growth		 174.99% -228.80% 1.80% -81.61% -62.16% -1.35% -24.85% -26.56% -164.07% 28.20% 0.00%
EPS Growth		 174.60% -187.38% -14.44% -52.54% -31.11% -4.65% -2.38% 68.89% -36.36% 48.17% 0.00%
Operating Cash Flow Growth		 -8.71% -29.80% 119.81% 281.97% 17.15% 2,342.09% 92.70% -39.24% -51.28% -372.15% 0.00%
Free Cash Flow Firm Growth		 -82.35% 80.33% 57.31% -74.19% -126.29% -83.54% 47.55% -187.49% 60.55% 0.00% 0.00%
Invested Capital Growth		 -1.04% -0.58% 17.06% 63.61% 59.92% 37.28% 24.67% 82.94% 38.69% 0.00% 0.00%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 21.53% 19.31% 20.76% 22.76% 27.02% 25.29% 22.29% 25.27% 25.16% 26.81% 17.12%
EBITDA Margin		 44.31% 13.17% 45.03% 44.41% 44.23% 41.98% 35.82% 30.92% 20.05% 22.79% 9.50%
Operating Margin		 11.16% -24.69% 5.92% 7.28% 11.73% 11.64% 6.03% 5.09% -4.01% -0.17% -16.16%
EBIT Margin		 11.82% -23.71% 9.17% 8.38% 12.88% 11.87% 7.07% 4.54% -2.04% 2.13% -15.40%
Profit (Net Income) Margin		 32.01% -43.04% -13.58% -15.24% -11.66% -10.72% -15.41% -20.23% -26.18% -14.01% -27.76%
Tax Burden Percent		 -537.33% 99.66% 127.91% 125.56% 122.02% 103.67% 97.86% 98.18% 97.08% 89.16% 96.59%
Interest Burden Percent		 -50.40% 182.15% -115.70% -144.73% -74.21% -87.16% -222.82% -453.48% 1,320.44% -738.15% 186.62%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 1.81% -3.31% 0.82% 1.24% 2.32% 2.32% 1.09% 0.81% -0.64% -0.05% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 12.92% -11.98% -7.07% -24.24% -66.46% -10.69% -8.51% -10.37% -12.87% -12.44% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 13.09% -15.73% -5.67% -5.81% -5.91% -7.54% -9.49% -9.81% -10.05% -9.55% 0.00%
Return on Equity (ROE)		 14.90% -19.04% -4.85% -4.58% -3.59% -5.22% -8.40% -9.00% -10.70% -9.60% 0.00%
Cash Return on Invested Capital (CROIC)		 2.86% -2.73% -14.90% -47.02% -43.79% -29.10% -20.87% -57.81% -33.06% -200.05% 0.00%
Operating Return on Assets (OROA)		 1.62% -3.12% 1.12% 1.03% 1.71% 1.86% 1.14% 0.71% -0.32% 0.29% 0.00%
Return on Assets (ROA)		 4.40% -5.66% -1.66% -1.86% -1.54% -1.68% -2.48% -3.14% -4.05% -1.92% 0.00%
Return on Common Equity (ROCE)		 14.07% -18.01% -4.60% -4.36% -3.39% -4.89% -8.40% -9.00% -5.43% 1.59% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 14.71% -22.68% -5.50% -4.87% -2.62% -4.29% -7.79% -7.30% -9.26% 28.95% 0.00%
Net Operating Profit after Tax (NOPAT)		 110 -242 56 63 72 48 17 8.83 -4.25 -0.13 -8.52
NOPAT Margin		 7.81% -17.29% 4.14% 5.10% 8.21% 8.15% 4.22% 3.56% -2.81% -0.12% -11.31%
Net Nonoperating Expense Percent (NNEP)		 -11.12% 8.67% 7.89% 25.47% 68.78% 13.01% 9.60% 11.18% 12.22% 12.39% 0.00%
Return On Investment Capital (ROIC_SIMPLE)		 1.37% - - - - - - - - - -
Cost of Revenue to Revenue		 78.47% 80.69% 79.24% 77.24% 72.98% 74.71% 77.71% 74.73% 74.84% 73.19% 82.88%
SG&A Expenses to Revenue		 8.89% 11.91% 12.71% 13.07% 12.24% 9.98% 11.80% 14.16% 21.53% 18.29% 24.28%
R&D to Revenue		 0.35% 0.38% 0.38% 0.50% 0.70% 0.52% 0.50% 0.45% 0.86% 0.51% 0.34%
Operating Expenses to Revenue		 10.37% 44.00% 14.84% 15.47% 15.29% 13.66% 16.26% 20.19% 29.17% 26.98% 33.28%
Earnings before Interest and Taxes (EBIT)		 167 -333 124 103 114 70 29 11 -3.09 2.28 -12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 627 185 609 545 390 248 146 77 30 24 7.16
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.47 0.65 1.15 2.30 3.62 4.39 3.38 3.12 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 2.05 1.11 1.78 3.49 4.17 5.66 5.68 5.46 0.00 0.00 0.00
Price to Revenue (P/Rev)		 3.20 1.24 2.85 7.18 16.13 10.97 6.69 8.63 0.00 0.00 0.00
Price to Earnings (P/E)		 4.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 20.57% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.24 0.87 1.07 1.79 3.68 3.09 2.09 2.04 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 5.33 4.56 5.82 9.18 16.03 12.53 9.01 11.52 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 12.03 34.60 12.93 20.66 36.24 29.85 25.16 37.26 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 45.08 0.00 63.46 109.43 124.45 105.58 127.52 253.56 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 68.21 0.00 140.57 179.94 195.26 153.81 213.51 323.45 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 28.37 21.97 19.00 59.71 286.64 176.04 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 43.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.53 1.97 1.46 1.01 0.55 0.99 1.57 1.46 1.41 1.22 0.00
Long-Term Debt to Equity		 1.34 1.82 1.22 0.78 0.47 0.89 1.31 1.29 1.20 0.99 0.00
Financial Leverage		 1.01 1.31 0.80 0.24 0.09 0.71 1.12 0.95 0.78 0.77 0.00
Leverage Ratio		 3.39 3.36 2.92 2.46 2.33 3.11 3.39 2.86 2.64 2.50 0.00
Compound Leverage Factor		 -1.71 6.13 -3.38 -3.55 -1.73 -2.71 -7.56 -12.99 34.87 -18.42 0.00
Debt to Total Capital		 60.48% 66.28% 59.35% 50.22% 35.45% 49.69% 61.06% 59.42% 58.45% 54.97% 0.00%
Short-Term Debt to Total Capital		 7.45% 5.05% 9.89% 11.43% 5.21% 5.04% 10.23% 7.17% 8.74% 10.45% 0.00%
Long-Term Debt to Total Capital		 53.03% 61.23% 49.46% 38.79% 30.24% 44.65% 50.83% 52.25% 49.71% 44.52% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 2.02% 2.06% 1.96% 2.73% 2.67% 4.71% 0.00% 0.00% 0.00% 52.49% 0.00%
Common Equity to Total Capital		 37.50% 31.66% 38.69% 47.04% 61.88% 45.60% 38.94% 40.58% 41.55% -7.46% 0.00%
Debt to EBITDA		 7.92 30.16 8.41 7.52 5.77 6.48 8.66 13.12 19.85 15.64 0.00
Net Debt to EBITDA		 4.54 24.25 6.32 4.07 -0.67 3.10 6.50 9.34 11.16 9.84 0.00
Long-Term Debt to EBITDA		 6.94 27.86 7.01 5.81 4.92 5.82 7.21 11.53 16.88 12.67 0.00
Debt to NOPAT		 44.92 -22.98 91.43 65.54 31.10 33.40 73.47 113.85 -141.65 -2,944.81 0.00
Net Debt to NOPAT		 25.72 -18.48 68.73 35.48 -3.60 15.99 55.13 81.12 -79.65 -1,852.05 0.00
Long-Term Debt to NOPAT		 39.39 -21.23 76.20 50.62 26.53 30.01 61.17 100.12 -120.46 -2,384.93 0.00
Altman Z-Score		 0.52 0.03 0.40 0.82 2.12 1.56 0.76 0.98 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 5.58% 5.39% 5.18% 4.81% 5.62% 6.26% 0.00% 0.00% 49.21% 116.57% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.28 1.32 1.13 1.07 2.40 1.77 0.87 1.01 1.49 1.28 0.00
Quick Ratio		 1.20 1.23 1.04 0.87 2.32 1.67 0.77 0.92 1.36 1.12 0.00
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 175 -200 -1,016 -2,380 -1,367 -604 -329 -627 -218 -553 0.00
Operating Cash Flow to CapEx		 65.37% 34.40% 36.62% 12.39% 4.00% 6.45% -0.30% -9.76% -13.06% -10.96% 11.26%
Free Cash Flow to Firm to Interest Expense		 0.66 -0.70 -3.71 -9.17 -6.75 -4.34 -3.45 -9.92 -5.74 -28.63 0.00
Operating Cash Flow to Interest Expense		 1.01 1.01 1.51 0.73 0.24 0.30 -0.02 -0.41 -0.49 -0.63 0.21
Operating Cash Flow Less CapEx to Interest Expense		 -0.53 -1.93 -2.62 -5.14 -5.85 -4.40 -6.49 -4.58 -4.21 -6.41 -1.67
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.14 0.13 0.12 0.12 0.13 0.16 0.16 0.16 0.15 0.14 0.00
Accounts Receivable Turnover		 3.70 3.96 4.36 4.91 4.99 5.79 6.06 5.87 6.67 6.34 0.00
Inventory Turnover		 35.15 41.85 35.81 0.00 0.00 0.00 15.41 13.40 0.00 0.00 0.00
Fixed Asset Turnover		 0.25 0.21 0.21 0.22 0.24 0.25 0.25 0.26 0.30 0.28 0.00
Accounts Payable Turnover		 2.99 2.43 2.02 1.61 1.60 1.92 1.41 1.12 1.38 1.28 0.00
Days Sales Outstanding (DSO)		 98.75 92.06 83.78 74.31 73.20 63.05 60.22 62.16 54.74 57.59 0.00
Days Inventory Outstanding (DIO)		 10.39 8.72 10.19 0.00 0.00 0.00 23.69 27.24 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 122.14 150.12 180.68 226.23 227.51 189.91 258.00 325.39 265.08 284.62 0.00
Cash Conversion Cycle (CCC)		 -13.00 -49.34 -86.70 -151.92 -154.32 -126.86 -174.10 -235.99 -210.34 -227.03 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 6,084 7,313 7,356 6,283 3,841 2,401 1,749 1,403 767 553 0.00
Invested Capital Turnover		 0.23 0.19 0.20 0.24 0.28 0.29 0.26 0.23 0.23 0.39 0.00
Increase / (Decrease) in Invested Capital		 -64 -42 1,072 2,443 1,439 652 346 636 214 553 0.00
Enterprise Value (EV)		 7,535 6,390 7,872 11,257 14,147 7,417 3,662 2,857 0.00 0.00 0.00
Market Capitalization		 4,528 1,738 3,854 8,814 14,238 6,493 2,717 2,140 0.00 0.00 0.00
Book Value per Share		 $2.02 $1.75 $2.23 $2.57 $3.23 $1.47 $0.85 $0.90 $1.43 ($0.24) $0.00
Tangible Book Value per Share		 $1.45 $1.03 $1.44 $1.69 $2.81 $1.14 $0.51 $0.52 $0.74 ($1.17) $0.00
Total Capital		 8,205 8,405 8,627 8,164 6,355 3,241 2,064 1,692 1,031 695 0.00
Total Debt		 4,962 5,571 5,120 4,100 2,253 1,610 1,260 1,006 602 382 0.00
Total Long-Term Debt		 4,351 5,146 4,267 3,167 1,922 1,447 1,049 884 512 309 0.00
Net Debt		 2,842 4,479 3,849 2,220 -261 771 946 716 339 240 0.00
Capital Expenditures (CapEx)		 406 846 1,131 1,522 1,234 654 618 264 142 112 40
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -129 -290 -223 -790 -541 -233 -172 -163 -69 -29 0.00
Debt-free Net Working Capital (DFNWC)		 958 802 1,048 1,090 1,973 606 143 126 195 112 0.00
Net Working Capital (NWC)		 347 377 195 157 1,642 443 -68 4.75 105 40 0.00
Net Nonoperating Expense (NNE)		 -342 361 240 249 175 112 80 59 35 15 12
Net Nonoperating Obligations (NNO)		 2,842 4,479 3,849 2,220 -261 771 946 716 339 240 0.00
Total Depreciation and Amortization (D&A)		 459 517 485 442 277 178 117 65 33 22 19
Debt-free, Cash-free Net Working Capital to Revenue		 -9.11% -20.69% -16.46% -64.41% -61.30% -39.35% -42.33% -65.76% -45.40% -27.33% 0.00%
Debt-free Net Working Capital to Revenue		 67.76% 57.17% 77.54% 88.85% 223.53% 102.44% 35.09% 50.83% 128.75% 104.97% 0.00%
Net Working Capital to Revenue		 24.56% 26.90% 14.45% 12.77% 186.01% 74.84% -16.85% 1.92% 69.23% 37.19% 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.31 ($2.96) ($1.03) ($0.90) ($0.59) ($0.45) ($0.43) ($0.42) ($1.35) $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 1.48B 1.47B 1.46B 1.45B 1.50B 1.22B 1.01B 941.27M 760.01M 0.00 0.00
Adjusted Diluted Earnings per Share		 $0.31 ($2.96) ($1.03) ($0.90) ($0.59) ($0.45) ($0.43) ($0.42) ($1.35) $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 1.48B 1.47B 1.46B 1.45B 1.50B 1.22B 1.01B 941.27M 760.01M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 ($0.59) ($0.45) ($0.43) ($0.42) ($1.35) $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 1.56B 1.52B 1.52B 1.50B 1.25B 1.10B 990.26M 784.57M 299.09M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 110 55 57 63 72 48 17 8.83 -4.25 -0.13 -8.52
Normalized NOPAT Margin		 7.81% 3.90% 4.24% 5.10% 8.21% 8.15% 4.22% 3.56% -2.81% -0.12% -11.31%
Pre Tax Income Margin		 -5.96% -43.19% -10.61% -12.13% -9.56% -10.34% -15.75% -20.60% -26.96% -15.71% -28.74%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.63 -1.16 0.45 0.40 0.56 0.51 0.30 0.18 -0.08 0.12 -0.55
NOPAT to Interest Expense		 0.42 -0.84 0.20 0.24 0.36 0.35 0.18 0.14 -0.11 -0.01 -0.40
EBIT Less CapEx to Interest Expense		 -0.91 -4.11 -3.68 -5.47 -5.53 -4.19 -6.17 -4.00 -3.81 -5.66 -2.43
NOPAT Less CapEx to Interest Expense		 -1.12 -3.79 -3.93 -5.62 -5.73 -4.35 -6.29 -4.04 -3.84 -5.78 -2.28
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 1.64% -1.26% -50.97% -9.60% -9.79% -5.66% 0.00% 0.00% -27.68% 0.00% 0.00%
Augmented Payout Ratio		 1.64% -1.26% -50.97% -9.60% -9.79% -5.66% 0.00% 0.00% -27.68% 0.00% -107.53%

Quarterly Metrics And Ratios for GDS

No quarterly metrics and ratios for GDS are available.

Frequently Asked Questions About GDS's Financials

When does GDS's financial year end?

According to the most recent income statement we have on file, GDS's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has GDS's net income changed over the last 10 years?

GDS's net income appears to be on an upward trend, with a most recent value of $452.62 million in 2024, falling from -$20.90 million in 2014. The previous period was -$603.58 million in 2023. See where experts think GDS is headed by visiting GDS's forecast page.

What is GDS's operating income?
GDS's total operating income in 2024 was $157.82 million, based on the following breakdown:
  • Total Gross Profit: $304.50 million
  • Total Operating Expenses: $146.68 million
How has GDS revenue changed over the last 10 years?

Over the last 10 years, GDS's total revenue changed from $75.31 million in 2014 to $1.41 billion in 2024, a change of 1,777.8%.

How much debt does GDS have?

GDS's total liabilities were at $6.85 billion at the end of 2024, a 10.5% decrease from 2023, and a 1,363.3% increase since 2015.

How much cash does GDS have?

In the past 9 years, GDS's cash and equivalents has ranged from $140.75 million in 2015 to $2.50 billion in 2020, and is currently $1.08 billion as of their latest financial filing in 2024.

How has GDS's book value per share changed over the last 10 years?

Over the last 10 years, GDS's book value per share changed from 0.00 in 2014 to 2.02 in 2024, a change of 201.8%.


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This page (NASDAQ:GDS) was last updated on 5/25/2025 by MarketBeat.com Staff
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