vs

Side-by-side financial comparison of Excelerate Energy, Inc. (EE) and IHS Holding Ltd (IHS). Click either name above to swap in a different company.

Excelerate Energy, Inc. is the larger business by last-quarter revenue ($317.6M vs $254.0M, roughly 1.3× IHS Holding Ltd). On growth, Excelerate Energy, Inc. posted the faster year-over-year revenue change (15.7% vs 0.1%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (26.0% CAGR vs -22.0%).

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

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.

EE vs IHS — Head-to-Head

Bigger by revenue
EE
EE
1.3× larger
EE
$317.6M
$254.0M
IHS
Growing faster (revenue YoY)
EE
EE
+15.6% gap
EE
15.7%
0.1%
IHS
Faster 2-yr revenue CAGR
EE
EE
Annualised
EE
26.0%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EE
EE
IHS
IHS
Revenue
$317.6M
$254.0M
Net Profit
Gross Margin
83.6%
Operating Margin
22.2%
Net Margin
Revenue YoY
15.7%
0.1%
Net Profit YoY
EPS (diluted)
$0.24

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.

Revenue
EE
EE
IHS
IHS
Q4 25
$317.6M
$254.0M
Q3 25
$391.0M
$455.1M
Q2 25
$204.6M
$433.3M
Q1 25
$315.1M
$439.6M
Q4 24
$274.6M
$253.8M
Q3 24
$193.4M
$420.3M
Q2 24
$183.3M
$435.4M
Q1 24
$200.1M
$417.7M
Net Profit
EE
EE
IHS
IHS
Q4 25
Q3 25
$147.4M
Q2 25
$32.3M
Q1 25
$30.7M
Q4 24
Q3 24
$-205.7M
Q2 24
$-124.3M
Q1 24
$-1.6B
Gross Margin
EE
EE
IHS
IHS
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%
Operating Margin
EE
EE
IHS
IHS
Q4 25
22.2%
Q3 25
22.3%
35.1%
Q2 25
21.2%
33.8%
Q1 25
20.9%
37.1%
Q4 24
21.9%
Q3 24
30.9%
29.9%
Q2 24
27.2%
34.0%
Q1 24
22.6%
-1.7%
Net Margin
EE
EE
IHS
IHS
Q4 25
Q3 25
32.4%
Q2 25
7.5%
Q1 25
7.0%
Q4 24
Q3 24
-48.9%
Q2 24
-28.5%
Q1 24
-372.8%
EPS (diluted)
EE
EE
IHS
IHS
Q4 25
$0.24
Q3 25
$0.43
$0.44
Q2 25
$0.15
$0.10
Q1 25
$0.46
$0.10
Q4 24
$0.42
Q3 24
$0.35
$-0.61
Q2 24
$0.26
$-0.36
Q1 24
$0.24
$-4.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EE
EE
IHS
IHS
Cash + ST InvestmentsLiquidity on hand
$538.2M
$825.7M
Total DebtLower is stronger
$936.3M
$3.1B
Stockholders' EquityBook value
$2.2B
$-89.8M
Total Assets
$4.1B
$4.5B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EE
EE
IHS
IHS
Q4 25
$538.2M
$825.7M
Q3 25
$462.6M
$647.6M
Q2 25
$426.0M
$531.8M
Q1 25
$619.5M
$629.0M
Q4 24
$537.5M
$578.0M
Q3 24
$608.4M
$397.5M
Q2 24
$609.1M
$445.7M
Q1 24
$578.9M
$333.2M
Total Debt
EE
EE
IHS
IHS
Q4 25
$936.3M
$3.1B
Q3 25
$942.0M
$3.3B
Q2 25
$946.2M
$3.2B
Q1 25
$322.6M
$3.4B
Q4 24
$333.6M
$3.3B
Q3 24
$345.7M
$3.5B
Q2 24
$356.4M
$3.6B
Q1 24
$366.9M
$3.5B
Stockholders' Equity
EE
EE
IHS
IHS
Q4 25
$2.2B
$-89.8M
Q3 25
$2.2B
$38.1M
Q2 25
$2.1B
$-98.4M
Q1 25
$1.9B
$-184.4M
Q4 24
$1.9B
$-314.4M
Q3 24
$1.9B
$-284.7M
Q2 24
$1.8B
$-308.3M
Q1 24
$1.8B
$-163.2M
Total Assets
EE
EE
IHS
IHS
Q4 25
$4.1B
$4.5B
Q3 25
$4.1B
$4.7B
Q2 25
$4.0B
$4.5B
Q1 25
$2.9B
$4.4B
Q4 24
$2.9B
$4.2B
Q3 24
$2.9B
$4.6B
Q2 24
$2.9B
$4.5B
Q1 24
$2.9B
$4.6B
Debt / Equity
EE
EE
IHS
IHS
Q4 25
0.42×
Q3 25
0.43×
85.85×
Q2 25
0.44×
Q1 25
0.17×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.19×
Q1 24
0.20×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EE
EE
IHS
IHS
Operating Cash FlowLast quarter
$104.4M
$246.9M
Free Cash FlowOCF − Capex
$178.6M
FCF MarginFCF / Revenue
70.3%
Capex IntensityCapex / Revenue
26.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$718.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EE
EE
IHS
IHS
Q4 25
$104.4M
$246.9M
Q3 25
$114.9M
$251.3M
Q2 25
$87.1M
$237.7M
Q1 25
$154.8M
$200.3M
Q4 24
$49.6M
$344.4M
Q3 24
$39.8M
$174.5M
Q2 24
$90.4M
$134.7M
Q1 24
$64.7M
$75.8M
Free Cash Flow
EE
EE
IHS
IHS
Q4 25
$178.6M
Q3 25
$189.2M
Q2 25
$197.7M
Q1 25
$153.2M
Q4 24
$282.9M
Q3 24
$122.3M
Q2 24
$74.2M
Q1 24
$14.8M
FCF Margin
EE
EE
IHS
IHS
Q4 25
70.3%
Q3 25
41.6%
Q2 25
45.6%
Q1 25
34.8%
Q4 24
111.5%
Q3 24
29.1%
Q2 24
17.0%
Q1 24
3.5%
Capex Intensity
EE
EE
IHS
IHS
Q4 25
26.9%
Q3 25
13.6%
Q2 25
9.2%
Q1 25
10.7%
Q4 24
24.2%
Q3 24
12.4%
Q2 24
13.9%
Q1 24
14.6%
Cash Conversion
EE
EE
IHS
IHS
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.

Revenue Breakdown by Segment

EE
EE

Other$179.4M57%
Revenue From Leases$138.1M43%

IHS
IHS

Segment breakdown not available.

Related Comparisons