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Side-by-side financial comparison of IHS Holding Ltd (IHS) and POTLATCHDELTIC CORP (PCH). Click either name above to swap in a different company.

POTLATCHDELTIC CORP is the larger business by last-quarter revenue ($314.2M vs $254.0M, roughly 1.2× IHS Holding Ltd). On growth, POTLATCHDELTIC CORP posted the faster year-over-year revenue change (23.1% vs 0.1%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $50.1M). Over the past eight quarters, POTLATCHDELTIC CORP's revenue compounded faster (11.1% 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.

PotlatchDeltic Corporation is an American diversified forest products company based in Spokane, Washington.

IHS vs PCH — Head-to-Head

Bigger by revenue
PCH
PCH
1.2× larger
PCH
$314.2M
$254.0M
IHS
Growing faster (revenue YoY)
PCH
PCH
+23.1% gap
PCH
23.1%
0.1%
IHS
More free cash flow
IHS
IHS
$128.5M more FCF
IHS
$178.6M
$50.1M
PCH
Faster 2-yr revenue CAGR
PCH
PCH
Annualised
PCH
11.1%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
IHS
IHS
PCH
PCH
Revenue
$254.0M
$314.2M
Net Profit
$25.9M
Gross Margin
83.6%
18.2%
Operating Margin
11.2%
Net Margin
8.2%
Revenue YoY
0.1%
23.1%
Net Profit YoY
682.5%
EPS (diluted)
$0.33

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
IHS
IHS
PCH
PCH
Q4 25
$254.0M
Q3 25
$455.1M
$314.2M
Q2 25
$433.3M
$275.0M
Q1 25
$439.6M
$268.3M
Q4 24
$253.8M
$258.1M
Q3 24
$420.3M
$255.1M
Q2 24
$435.4M
$320.7M
Q1 24
$417.7M
$228.1M
Net Profit
IHS
IHS
PCH
PCH
Q4 25
Q3 25
$147.4M
$25.9M
Q2 25
$32.3M
$7.4M
Q1 25
$30.7M
$25.8M
Q4 24
$5.2M
Q3 24
$-205.7M
$3.3M
Q2 24
$-124.3M
$13.7M
Q1 24
$-1.6B
$-305.0K
Gross Margin
IHS
IHS
PCH
PCH
Q4 25
83.6%
Q3 25
47.5%
18.2%
Q2 25
51.3%
13.0%
Q1 25
51.4%
17.8%
Q4 24
72.1%
13.4%
Q3 24
52.0%
10.8%
Q2 24
52.5%
11.9%
Q1 24
39.1%
7.0%
Operating Margin
IHS
IHS
PCH
PCH
Q4 25
Q3 25
35.1%
11.2%
Q2 25
33.8%
5.0%
Q1 25
37.1%
10.3%
Q4 24
5.2%
Q3 24
29.9%
2.8%
Q2 24
34.0%
5.4%
Q1 24
-1.7%
-2.1%
Net Margin
IHS
IHS
PCH
PCH
Q4 25
Q3 25
32.4%
8.2%
Q2 25
7.5%
2.7%
Q1 25
7.0%
9.6%
Q4 24
2.0%
Q3 24
-48.9%
1.3%
Q2 24
-28.5%
4.3%
Q1 24
-372.8%
-0.1%
EPS (diluted)
IHS
IHS
PCH
PCH
Q4 25
Q3 25
$0.44
$0.33
Q2 25
$0.10
$0.09
Q1 25
$0.10
$0.33
Q4 24
$0.07
Q3 24
$-0.61
$0.04
Q2 24
$-0.36
$0.17
Q1 24
$-4.67
$0.00

Balance Sheet & Financial Strength

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

Metric
IHS
IHS
PCH
PCH
Cash + ST InvestmentsLiquidity on hand
$825.7M
$88.8M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$-89.8M
$1.9B
Total Assets
$4.5B
$3.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHS
IHS
PCH
PCH
Q4 25
$825.7M
Q3 25
$647.6M
$88.8M
Q2 25
$531.8M
$95.3M
Q1 25
$629.0M
$147.5M
Q4 24
$578.0M
$151.6M
Q3 24
$397.5M
$161.1M
Q2 24
$445.7M
$199.7M
Q1 24
$333.2M
$180.2M
Total Debt
IHS
IHS
PCH
PCH
Q4 25
$3.1B
Q3 25
$3.3B
Q2 25
$3.2B
Q1 25
$3.4B
Q4 24
$3.3B
$1.0B
Q3 24
$3.5B
Q2 24
$3.6B
Q1 24
$3.5B
Stockholders' Equity
IHS
IHS
PCH
PCH
Q4 25
$-89.8M
Q3 25
$38.1M
$1.9B
Q2 25
$-98.4M
$1.9B
Q1 25
$-184.4M
$2.0B
Q4 24
$-314.4M
$2.0B
Q3 24
$-284.7M
$2.1B
Q2 24
$-308.3M
$2.1B
Q1 24
$-163.2M
$2.2B
Total Assets
IHS
IHS
PCH
PCH
Q4 25
$4.5B
Q3 25
$4.7B
$3.2B
Q2 25
$4.5B
$3.2B
Q1 25
$4.4B
$3.3B
Q4 24
$4.2B
$3.3B
Q3 24
$4.6B
$3.3B
Q2 24
$4.5B
$3.4B
Q1 24
$4.6B
$3.4B
Debt / Equity
IHS
IHS
PCH
PCH
Q4 25
Q3 25
85.85×
Q2 25
Q1 25
Q4 24
0.51×
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
IHS
IHS
PCH
PCH
Operating Cash FlowLast quarter
$246.9M
$65.7M
Free Cash FlowOCF − Capex
$178.6M
$50.1M
FCF MarginFCF / Revenue
70.3%
15.9%
Capex IntensityCapex / Revenue
26.9%
4.9%
Cash ConversionOCF / Net Profit
2.54×
TTM Free Cash FlowTrailing 4 quarters
$718.7M
$132.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHS
IHS
PCH
PCH
Q4 25
$246.9M
Q3 25
$251.3M
$65.7M
Q2 25
$237.7M
$41.0M
Q1 25
$200.3M
$49.1M
Q4 24
$344.4M
$45.4M
Q3 24
$174.5M
$26.5M
Q2 24
$134.7M
$100.6M
Q1 24
$75.8M
$16.0M
Free Cash Flow
IHS
IHS
PCH
PCH
Q4 25
$178.6M
Q3 25
$189.2M
$50.1M
Q2 25
$197.7M
$30.6M
Q1 25
$153.2M
$26.3M
Q4 24
$282.9M
$25.4M
Q3 24
$122.3M
$-8.2M
Q2 24
$74.2M
$72.4M
Q1 24
$14.8M
$2.0M
FCF Margin
IHS
IHS
PCH
PCH
Q4 25
70.3%
Q3 25
41.6%
15.9%
Q2 25
45.6%
11.1%
Q1 25
34.8%
9.8%
Q4 24
111.5%
9.9%
Q3 24
29.1%
-3.2%
Q2 24
17.0%
22.6%
Q1 24
3.5%
0.9%
Capex Intensity
IHS
IHS
PCH
PCH
Q4 25
26.9%
Q3 25
13.6%
4.9%
Q2 25
9.2%
3.8%
Q1 25
10.7%
8.5%
Q4 24
24.2%
7.7%
Q3 24
12.4%
13.6%
Q2 24
13.9%
8.8%
Q1 24
14.6%
6.1%
Cash Conversion
IHS
IHS
PCH
PCH
Q4 25
Q3 25
1.70×
2.54×
Q2 25
7.36×
5.58×
Q1 25
6.52×
1.90×
Q4 24
8.74×
Q3 24
7.99×
Q2 24
7.35×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

IHS
IHS

Segment breakdown not available.

PCH
PCH

Lumber$131.8M42%
Timberlands$52.5M17%
Rural Real Estate$51.3M16%
Residuals And Panels$34.0M11%
Pulpwood$16.7M5%
Development Real Estate$14.6M5%
Other$8.1M3%
Other Products$5.2M2%

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