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Side-by-side financial comparison of IHS Holding Ltd (IHS) and Regional Management Corp. (RM). Click either name above to swap in a different company.

IHS Holding Ltd is the larger business by last-quarter revenue ($254.0M vs $167.3M, roughly 1.5× Regional Management Corp.). On growth, Regional Management Corp. posted the faster year-over-year revenue change (9.4% vs 0.1%). Over the past eight quarters, Regional Management Corp.'s revenue compounded faster (8.2% 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.

Millennium Management LLC is an investment management firm with a multistrategy hedge fund offering. It is one of the world's largest alternative asset management firms with $83.4 billion assets under management as of January 2026. The firm operates in America, Europe and Asia. As of 2022, Millennium had posted the fourth highest net gains of any hedge fund since its inception in 1989.

IHS vs RM — Head-to-Head

Bigger by revenue
IHS
IHS
1.5× larger
IHS
$254.0M
$167.3M
RM
Growing faster (revenue YoY)
RM
RM
+9.3% gap
RM
9.4%
0.1%
IHS
Faster 2-yr revenue CAGR
RM
RM
Annualised
RM
8.2%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IHS
IHS
RM
RM
Revenue
$254.0M
$167.3M
Net Profit
$11.4M
Gross Margin
83.6%
Operating Margin
Net Margin
6.8%
Revenue YoY
0.1%
9.4%
Net Profit YoY
62.7%
EPS (diluted)
$1.18

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
RM
RM
Q1 26
$167.3M
Q4 25
$254.0M
$169.7M
Q3 25
$455.1M
$165.5M
Q2 25
$433.3M
$157.4M
Q1 25
$439.6M
$153.0M
Q4 24
$253.8M
$154.8M
Q3 24
$420.3M
$146.3M
Q2 24
$435.4M
$143.0M
Net Profit
IHS
IHS
RM
RM
Q1 26
$11.4M
Q4 25
$12.9M
Q3 25
$147.4M
$14.4M
Q2 25
$32.3M
$10.1M
Q1 25
$30.7M
$7.0M
Q4 24
$9.9M
Q3 24
$-205.7M
$7.7M
Q2 24
$-124.3M
$8.4M
Gross Margin
IHS
IHS
RM
RM
Q1 26
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%
Operating Margin
IHS
IHS
RM
RM
Q1 26
Q4 25
9.5%
Q3 25
35.1%
11.5%
Q2 25
33.8%
8.6%
Q1 25
37.1%
6.0%
Q4 24
8.2%
Q3 24
29.9%
6.9%
Q2 24
34.0%
7.8%
Net Margin
IHS
IHS
RM
RM
Q1 26
6.8%
Q4 25
7.6%
Q3 25
32.4%
8.7%
Q2 25
7.5%
6.4%
Q1 25
7.0%
4.6%
Q4 24
6.4%
Q3 24
-48.9%
5.2%
Q2 24
-28.5%
5.9%
EPS (diluted)
IHS
IHS
RM
RM
Q1 26
$1.18
Q4 25
$1.30
Q3 25
$0.44
$1.42
Q2 25
$0.10
$1.03
Q1 25
$0.10
$0.70
Q4 24
$0.96
Q3 24
$-0.61
$0.76
Q2 24
$-0.36
$0.86

Balance Sheet & Financial Strength

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

Metric
IHS
IHS
RM
RM
Cash + ST InvestmentsLiquidity on hand
$825.7M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$-89.8M
$375.8M
Total Assets
$4.5B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHS
IHS
RM
RM
Q1 26
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
Total Debt
IHS
IHS
RM
RM
Q1 26
Q4 25
$3.1B
$1.6B
Q3 25
$3.3B
$1.6B
Q2 25
$3.2B
$1.5B
Q1 25
$3.4B
$1.5B
Q4 24
$3.3B
$1.5B
Q3 24
$3.5B
$1.4B
Q2 24
$3.6B
$1.4B
Stockholders' Equity
IHS
IHS
RM
RM
Q1 26
$375.8M
Q4 25
$-89.8M
$373.1M
Q3 25
$38.1M
$371.9M
Q2 25
$-98.4M
$363.0M
Q1 25
$-184.4M
$357.9M
Q4 24
$-314.4M
$357.1M
Q3 24
$-284.7M
$352.9M
Q2 24
$-308.3M
$344.9M
Total Assets
IHS
IHS
RM
RM
Q1 26
$2.1B
Q4 25
$4.5B
$2.1B
Q3 25
$4.7B
$2.0B
Q2 25
$4.5B
$2.0B
Q1 25
$4.4B
$1.9B
Q4 24
$4.2B
$1.9B
Q3 24
$4.6B
$1.8B
Q2 24
$4.5B
$1.8B
Debt / Equity
IHS
IHS
RM
RM
Q1 26
Q4 25
4.40×
Q3 25
85.85×
4.23×
Q2 25
4.14×
Q1 25
4.11×
Q4 24
4.12×
Q3 24
3.94×
Q2 24
3.98×

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
RM
RM
Operating Cash FlowLast quarter
$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
IHS
IHS
RM
RM
Q1 26
Q4 25
$246.9M
$309.1M
Q3 25
$251.3M
$86.7M
Q2 25
$237.7M
$78.7M
Q1 25
$200.3M
$63.7M
Q4 24
$344.4M
$268.9M
Q3 24
$174.5M
$75.1M
Q2 24
$134.7M
$71.5M
Free Cash Flow
IHS
IHS
RM
RM
Q1 26
Q4 25
$178.6M
$304.3M
Q3 25
$189.2M
$85.7M
Q2 25
$197.7M
$77.6M
Q1 25
$153.2M
$62.4M
Q4 24
$282.9M
$263.9M
Q3 24
$122.3M
$73.8M
Q2 24
$74.2M
$70.3M
FCF Margin
IHS
IHS
RM
RM
Q1 26
Q4 25
70.3%
179.3%
Q3 25
41.6%
51.8%
Q2 25
45.6%
49.3%
Q1 25
34.8%
40.8%
Q4 24
111.5%
170.4%
Q3 24
29.1%
50.4%
Q2 24
17.0%
49.1%
Capex Intensity
IHS
IHS
RM
RM
Q1 26
Q4 25
26.9%
2.8%
Q3 25
13.6%
0.6%
Q2 25
9.2%
0.6%
Q1 25
10.7%
0.8%
Q4 24
24.2%
3.3%
Q3 24
12.4%
0.9%
Q2 24
13.9%
0.8%
Cash Conversion
IHS
IHS
RM
RM
Q1 26
Q4 25
23.94×
Q3 25
1.70×
6.04×
Q2 25
7.36×
7.76×
Q1 25
6.52×
9.09×
Q4 24
27.13×
Q3 24
9.80×
Q2 24
8.47×

Financial Flow Comparison

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

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