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Side-by-side financial comparison of FIRST FINANCIAL BANKSHARES INC (FFIN) 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 $164.7M, roughly 1.5× FIRST FINANCIAL BANKSHARES INC). On growth, FIRST FINANCIAL BANKSHARES INC posted the faster year-over-year revenue change (12.0% vs 0.1%). FIRST FINANCIAL BANKSHARES INC produced more free cash flow last quarter ($286.0M vs $178.6M). Over the past eight quarters, FIRST FINANCIAL BANKSHARES INC's revenue compounded faster (12.7% CAGR vs -22.0%).

First Financial Bank is a regional bank operated by First Financial Corporation and based in Terre Haute, Indiana. It is the oldest national bank in Indiana and the fifth oldest national bank in the United States. First Financial Corporation is Vigo County's only publicly traded company.

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.

FFIN vs IHS — Head-to-Head

Bigger by revenue
IHS
IHS
1.5× larger
IHS
$254.0M
$164.7M
FFIN
Growing faster (revenue YoY)
FFIN
FFIN
+11.9% gap
FFIN
12.0%
0.1%
IHS
More free cash flow
FFIN
FFIN
$107.4M more FCF
FFIN
$286.0M
$178.6M
IHS
Faster 2-yr revenue CAGR
FFIN
FFIN
Annualised
FFIN
12.7%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FFIN
FFIN
IHS
IHS
Revenue
$164.7M
$254.0M
Net Profit
$73.3M
Gross Margin
83.6%
Operating Margin
54.4%
Net Margin
44.5%
Revenue YoY
12.0%
0.1%
Net Profit YoY
17.6%
EPS (diluted)
$0.51

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
FFIN
FFIN
IHS
IHS
Q4 25
$164.7M
$254.0M
Q3 25
$161.3M
$455.1M
Q2 25
$156.6M
$433.3M
Q1 25
$149.0M
$439.6M
Q4 24
$147.1M
$253.8M
Q3 24
$139.5M
$420.3M
Q2 24
$134.5M
$435.4M
Q1 24
$129.6M
$417.7M
Net Profit
FFIN
FFIN
IHS
IHS
Q4 25
$73.3M
Q3 25
$52.3M
$147.4M
Q2 25
$66.7M
$32.3M
Q1 25
$61.3M
$30.7M
Q4 24
$62.3M
Q3 24
$55.3M
$-205.7M
Q2 24
$52.5M
$-124.3M
Q1 24
$53.4M
$-1.6B
Gross Margin
FFIN
FFIN
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
FFIN
FFIN
IHS
IHS
Q4 25
54.4%
Q3 25
39.2%
35.1%
Q2 25
52.2%
33.8%
Q1 25
50.4%
37.1%
Q4 24
51.7%
Q3 24
48.3%
29.9%
Q2 24
47.3%
34.0%
Q1 24
50.0%
-1.7%
Net Margin
FFIN
FFIN
IHS
IHS
Q4 25
44.5%
Q3 25
32.4%
32.4%
Q2 25
42.6%
7.5%
Q1 25
41.2%
7.0%
Q4 24
42.4%
Q3 24
39.7%
-48.9%
Q2 24
39.0%
-28.5%
Q1 24
41.2%
-372.8%
EPS (diluted)
FFIN
FFIN
IHS
IHS
Q4 25
$0.51
Q3 25
$0.36
$0.44
Q2 25
$0.47
$0.10
Q1 25
$0.43
$0.10
Q4 24
$0.43
Q3 24
$0.39
$-0.61
Q2 24
$0.37
$-0.36
Q1 24
$0.37
$-4.67

Balance Sheet & Financial Strength

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

Metric
FFIN
FFIN
IHS
IHS
Cash + ST InvestmentsLiquidity on hand
$825.7M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$1.9B
$-89.8M
Total Assets
$15.4B
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIN
FFIN
IHS
IHS
Q4 25
$825.7M
Q3 25
$647.6M
Q2 25
$531.8M
Q1 25
$629.0M
Q4 24
$578.0M
Q3 24
$397.5M
Q2 24
$445.7M
Q1 24
$333.2M
Total Debt
FFIN
FFIN
IHS
IHS
Q4 25
$3.1B
Q3 25
$3.3B
Q2 25
$3.2B
Q1 25
$3.4B
Q4 24
$3.3B
Q3 24
$3.5B
Q2 24
$3.6B
Q1 24
$3.5B
Stockholders' Equity
FFIN
FFIN
IHS
IHS
Q4 25
$1.9B
$-89.8M
Q3 25
$1.8B
$38.1M
Q2 25
$1.7B
$-98.4M
Q1 25
$1.7B
$-184.4M
Q4 24
$1.6B
$-314.4M
Q3 24
$1.7B
$-284.7M
Q2 24
$1.5B
$-308.3M
Q1 24
$1.5B
$-163.2M
Total Assets
FFIN
FFIN
IHS
IHS
Q4 25
$15.4B
$4.5B
Q3 25
$14.8B
$4.7B
Q2 25
$14.4B
$4.5B
Q1 25
$14.3B
$4.4B
Q4 24
$14.0B
$4.2B
Q3 24
$13.6B
$4.6B
Q2 24
$13.2B
$4.5B
Q1 24
$13.2B
$4.6B
Debt / Equity
FFIN
FFIN
IHS
IHS
Q4 25
Q3 25
85.85×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
FFIN
FFIN
IHS
IHS
Operating Cash FlowLast quarter
$299.4M
$246.9M
Free Cash FlowOCF − Capex
$286.0M
$178.6M
FCF MarginFCF / Revenue
173.6%
70.3%
Capex IntensityCapex / Revenue
8.2%
26.9%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters
$503.1M
$718.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIN
FFIN
IHS
IHS
Q4 25
$299.4M
$246.9M
Q3 25
$86.5M
$251.3M
Q2 25
$61.3M
$237.7M
Q1 25
$76.8M
$200.3M
Q4 24
$309.6M
$344.4M
Q3 24
$80.7M
$174.5M
Q2 24
$68.8M
$134.7M
Q1 24
$75.6M
$75.8M
Free Cash Flow
FFIN
FFIN
IHS
IHS
Q4 25
$286.0M
$178.6M
Q3 25
$83.7M
$189.2M
Q2 25
$58.7M
$197.7M
Q1 25
$74.7M
$153.2M
Q4 24
$292.9M
$282.9M
Q3 24
$77.7M
$122.3M
Q2 24
$63.8M
$74.2M
Q1 24
$71.7M
$14.8M
FCF Margin
FFIN
FFIN
IHS
IHS
Q4 25
173.6%
70.3%
Q3 25
51.9%
41.6%
Q2 25
37.5%
45.6%
Q1 25
50.1%
34.8%
Q4 24
199.1%
111.5%
Q3 24
55.7%
29.1%
Q2 24
47.4%
17.0%
Q1 24
55.3%
3.5%
Capex Intensity
FFIN
FFIN
IHS
IHS
Q4 25
8.2%
26.9%
Q3 25
1.7%
13.6%
Q2 25
1.6%
9.2%
Q1 25
1.4%
10.7%
Q4 24
11.4%
24.2%
Q3 24
2.2%
12.4%
Q2 24
3.7%
13.9%
Q1 24
3.0%
14.6%
Cash Conversion
FFIN
FFIN
IHS
IHS
Q4 25
4.08×
Q3 25
1.65×
1.70×
Q2 25
0.92×
7.36×
Q1 25
1.25×
6.52×
Q4 24
4.97×
Q3 24
1.46×
Q2 24
1.31×
Q1 24
1.42×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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