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Side-by-side financial comparison of Claritev Corp (CTEV) and IHS Holding Ltd (IHS). Click either name above to swap in a different company.
IHS Holding Ltd is the larger business by last-quarter revenue ($254.0M vs $246.6M, roughly 1.0× Claritev Corp). On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs 0.1%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $36.4M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -22.0%).
IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world, with operations across Africa and Latin America. It is the fifth-largest independent multinational tower company in the world.
CTEV vs IHS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $254.0M |
| Net Profit | $-80.6M | — |
| Gross Margin | — | 83.6% |
| Operating Margin | -3.1% | — |
| Net Margin | -32.7% | — |
| Revenue YoY | 6.2% | 0.1% |
| Net Profit YoY | 41.6% | — |
| EPS (diluted) | $-4.88 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $246.6M | $254.0M | ||
| Q3 25 | $246.0M | $455.1M | ||
| Q2 25 | $241.6M | $433.3M | ||
| Q1 25 | $231.3M | $439.6M | ||
| Q4 24 | $232.1M | $253.8M | ||
| Q3 24 | $230.5M | $420.3M | ||
| Q2 24 | $233.5M | $435.4M | ||
| Q1 24 | $234.5M | $417.7M |
| Q4 25 | $-80.6M | — | ||
| Q3 25 | $-69.8M | $147.4M | ||
| Q2 25 | $-62.6M | $32.3M | ||
| Q1 25 | $-71.3M | $30.7M | ||
| Q4 24 | $-138.0M | — | ||
| Q3 24 | $-391.4M | $-205.7M | ||
| Q2 24 | $-576.7M | $-124.3M | ||
| Q1 24 | $-539.7M | $-1.6B |
| Q4 25 | — | 83.6% | ||
| Q3 25 | — | 47.5% | ||
| Q2 25 | — | 51.3% | ||
| Q1 25 | — | 51.4% | ||
| Q4 24 | — | 72.1% | ||
| Q3 24 | — | 52.0% | ||
| Q2 24 | — | 52.5% | ||
| Q1 24 | — | 39.1% |
| Q4 25 | -3.1% | — | ||
| Q3 25 | 4.1% | 35.1% | ||
| Q2 25 | 6.9% | 33.8% | ||
| Q1 25 | 4.2% | 37.1% | ||
| Q4 24 | -17.8% | — | ||
| Q3 24 | -146.7% | 29.9% | ||
| Q2 24 | -224.4% | 34.0% | ||
| Q1 24 | -207.4% | -1.7% |
| Q4 25 | -32.7% | — | ||
| Q3 25 | -28.4% | 32.4% | ||
| Q2 25 | -25.9% | 7.5% | ||
| Q1 25 | -30.8% | 7.0% | ||
| Q4 24 | -59.4% | — | ||
| Q3 24 | -169.8% | -48.9% | ||
| Q2 24 | -247.0% | -28.5% | ||
| Q1 24 | -230.1% | -372.8% |
| Q4 25 | $-4.88 | — | ||
| Q3 25 | $-4.23 | $0.44 | ||
| Q2 25 | $-3.81 | $0.10 | ||
| Q1 25 | $-4.38 | $0.10 | ||
| Q4 24 | $-8.49 | — | ||
| Q3 24 | $-24.25 | $-0.61 | ||
| Q2 24 | $-35.78 | $-0.36 | ||
| Q1 24 | $-33.40 | $-4.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $825.7M |
| Total DebtLower is stronger | $4.6B | $3.1B |
| Stockholders' EquityBook value | $-173.9M | $-89.8M |
| Total Assets | $4.9B | $4.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $825.7M | ||
| Q3 25 | $39.2M | $647.6M | ||
| Q2 25 | $56.4M | $531.8M | ||
| Q1 25 | $23.1M | $629.0M | ||
| Q4 24 | $16.8M | $578.0M | ||
| Q3 24 | $86.6M | $397.5M | ||
| Q2 24 | $48.8M | $445.7M | ||
| Q1 24 | $58.7M | $333.2M |
| Q4 25 | $4.6B | $3.1B | ||
| Q3 25 | $4.5B | $3.3B | ||
| Q2 25 | $4.5B | $3.2B | ||
| Q1 25 | $4.5B | $3.4B | ||
| Q4 24 | $4.5B | $3.3B | ||
| Q3 24 | $4.5B | $3.5B | ||
| Q2 24 | $4.5B | $3.6B | ||
| Q1 24 | $4.5B | $3.5B |
| Q4 25 | $-173.9M | $-89.8M | ||
| Q3 25 | $-101.8M | $38.1M | ||
| Q2 25 | $-39.9M | $-98.4M | ||
| Q1 25 | $14.8M | $-184.4M | ||
| Q4 24 | $84.0M | $-314.4M | ||
| Q3 24 | $207.6M | $-284.7M | ||
| Q2 24 | $603.4M | $-308.3M | ||
| Q1 24 | $1.2B | $-163.2M |
| Q4 25 | $4.9B | $4.5B | ||
| Q3 25 | $5.0B | $4.7B | ||
| Q2 25 | $5.1B | $4.5B | ||
| Q1 25 | $5.1B | $4.4B | ||
| Q4 24 | $5.2B | $4.2B | ||
| Q3 24 | $5.3B | $4.6B | ||
| Q2 24 | $5.7B | $4.5B | ||
| Q1 24 | $6.4B | $4.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | 85.85× | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $246.9M |
| Free Cash FlowOCF − Capex | $36.4M | $178.6M |
| FCF MarginFCF / Revenue | 14.8% | 70.3% |
| Capex IntensityCapex / Revenue | 12.1% | 26.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $718.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $246.9M | ||
| Q3 25 | $19.9M | $251.3M | ||
| Q2 25 | $61.2M | $237.7M | ||
| Q1 25 | $-30.1M | $200.3M | ||
| Q4 24 | $-33.4M | $344.4M | ||
| Q3 24 | $72.8M | $174.5M | ||
| Q2 24 | $18.5M | $134.7M | ||
| Q1 24 | $49.7M | $75.8M |
| Q4 25 | $36.4M | $178.6M | ||
| Q3 25 | $-16.3M | $189.2M | ||
| Q2 25 | $36.6M | $197.7M | ||
| Q1 25 | $-68.9M | $153.2M | ||
| Q4 24 | $-63.8M | $282.9M | ||
| Q3 24 | $41.1M | $122.3M | ||
| Q2 24 | $-7.0M | $74.2M | ||
| Q1 24 | $19.2M | $14.8M |
| Q4 25 | 14.8% | 70.3% | ||
| Q3 25 | -6.6% | 41.6% | ||
| Q2 25 | 15.2% | 45.6% | ||
| Q1 25 | -29.8% | 34.8% | ||
| Q4 24 | -27.5% | 111.5% | ||
| Q3 24 | 17.8% | 29.1% | ||
| Q2 24 | -3.0% | 17.0% | ||
| Q1 24 | 8.2% | 3.5% |
| Q4 25 | 12.1% | 26.9% | ||
| Q3 25 | 14.7% | 13.6% | ||
| Q2 25 | 10.2% | 9.2% | ||
| Q1 25 | 16.8% | 10.7% | ||
| Q4 24 | 13.1% | 24.2% | ||
| Q3 24 | 13.8% | 12.4% | ||
| Q2 24 | 10.9% | 13.9% | ||
| Q1 24 | 13.0% | 14.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 7.36× | ||
| Q1 25 | — | 6.52× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
