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Side-by-side financial comparison of IHS Holding Ltd (IHS) and SHOE CARNIVAL INC (SCVL). Click either name above to swap in a different company.

SHOE CARNIVAL INC is the larger business by last-quarter revenue ($297.2M vs $254.0M, roughly 1.2× IHS Holding Ltd). On growth, IHS Holding Ltd posted the faster year-over-year revenue change (0.1% vs -3.2%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $19.7M). Over the past eight quarters, SHOE CARNIVAL INC's revenue compounded faster (3.0% 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.

Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Fort Mill, South Carolina as of 2025.

IHS vs SCVL — Head-to-Head

Bigger by revenue
SCVL
SCVL
1.2× larger
SCVL
$297.2M
$254.0M
IHS
Growing faster (revenue YoY)
IHS
IHS
+3.2% gap
IHS
0.1%
-3.2%
SCVL
More free cash flow
IHS
IHS
$158.9M more FCF
IHS
$178.6M
$19.7M
SCVL
Faster 2-yr revenue CAGR
SCVL
SCVL
Annualised
SCVL
3.0%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
IHS
IHS
SCVL
SCVL
Revenue
$254.0M
$297.2M
Net Profit
$14.6M
Gross Margin
83.6%
37.6%
Operating Margin
6.3%
Net Margin
4.9%
Revenue YoY
0.1%
-3.2%
Net Profit YoY
-23.9%
EPS (diluted)
$0.53

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
SCVL
SCVL
Q4 25
$254.0M
$297.2M
Q3 25
$455.1M
$306.4M
Q2 25
$433.3M
$277.7M
Q1 25
$439.6M
$262.9M
Q4 24
$253.8M
$306.9M
Q3 24
$420.3M
$332.7M
Q2 24
$435.4M
$300.4M
Q1 24
$417.7M
$280.2M
Net Profit
IHS
IHS
SCVL
SCVL
Q4 25
$14.6M
Q3 25
$147.4M
$19.2M
Q2 25
$32.3M
$9.3M
Q1 25
$30.7M
$14.7M
Q4 24
$19.2M
Q3 24
$-205.7M
$22.6M
Q2 24
$-124.3M
$17.3M
Q1 24
$-1.6B
$15.5M
Gross Margin
IHS
IHS
SCVL
SCVL
Q4 25
83.6%
37.6%
Q3 25
47.5%
38.8%
Q2 25
51.3%
34.5%
Q1 25
51.4%
34.9%
Q4 24
72.1%
36.0%
Q3 24
52.0%
36.1%
Q2 24
52.5%
35.6%
Q1 24
39.1%
35.6%
Operating Margin
IHS
IHS
SCVL
SCVL
Q4 25
6.3%
Q3 25
35.1%
8.2%
Q2 25
33.8%
4.3%
Q1 25
37.1%
5.3%
Q4 24
8.0%
Q3 24
29.9%
9.0%
Q2 24
34.0%
7.5%
Q1 24
-1.7%
7.1%
Net Margin
IHS
IHS
SCVL
SCVL
Q4 25
4.9%
Q3 25
32.4%
6.3%
Q2 25
7.5%
3.4%
Q1 25
7.0%
5.6%
Q4 24
6.3%
Q3 24
-48.9%
6.8%
Q2 24
-28.5%
5.8%
Q1 24
-372.8%
5.5%
EPS (diluted)
IHS
IHS
SCVL
SCVL
Q4 25
$0.53
Q3 25
$0.44
$0.70
Q2 25
$0.10
$0.34
Q1 25
$0.10
$0.53
Q4 24
$0.70
Q3 24
$-0.61
$0.82
Q2 24
$-0.36
$0.63
Q1 24
$-4.67
$0.57

Balance Sheet & Financial Strength

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

Metric
IHS
IHS
SCVL
SCVL
Cash + ST InvestmentsLiquidity on hand
$825.7M
$107.7M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$-89.8M
$683.2M
Total Assets
$4.5B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHS
IHS
SCVL
SCVL
Q4 25
$825.7M
$107.7M
Q3 25
$647.6M
$91.9M
Q2 25
$531.8M
$93.0M
Q1 25
$629.0M
$123.1M
Q4 24
$578.0M
$91.1M
Q3 24
$397.5M
$84.5M
Q2 24
$445.7M
$69.5M
Q1 24
$333.2M
$111.2M
Total Debt
IHS
IHS
SCVL
SCVL
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
IHS
IHS
SCVL
SCVL
Q4 25
$-89.8M
$683.2M
Q3 25
$38.1M
$670.7M
Q2 25
$-98.4M
$653.6M
Q1 25
$-184.4M
$649.0M
Q4 24
$-314.4M
$635.7M
Q3 24
$-284.7M
$618.5M
Q2 24
$-308.3M
$597.8M
Q1 24
$-163.2M
$583.4M
Total Assets
IHS
IHS
SCVL
SCVL
Q4 25
$4.5B
$1.2B
Q3 25
$4.7B
$1.2B
Q2 25
$4.5B
$1.1B
Q1 25
$4.4B
$1.1B
Q4 24
$4.2B
$1.1B
Q3 24
$4.6B
$1.1B
Q2 24
$4.5B
$1.1B
Q1 24
$4.6B
$1.0B
Debt / Equity
IHS
IHS
SCVL
SCVL
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
IHS
IHS
SCVL
SCVL
Operating Cash FlowLast quarter
$246.9M
$33.6M
Free Cash FlowOCF − Capex
$178.6M
$19.7M
FCF MarginFCF / Revenue
70.3%
6.6%
Capex IntensityCapex / Revenue
26.9%
4.7%
Cash ConversionOCF / Net Profit
2.30×
TTM Free Cash FlowTrailing 4 quarters
$718.7M
$35.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHS
IHS
SCVL
SCVL
Q4 25
$246.9M
$33.6M
Q3 25
$251.3M
$13.3M
Q2 25
$237.7M
$-9.6M
Q1 25
$200.3M
$44.5M
Q4 24
$344.4M
$17.3M
Q3 24
$174.5M
$23.7M
Q2 24
$134.7M
$17.1M
Q1 24
$75.8M
$53.4M
Free Cash Flow
IHS
IHS
SCVL
SCVL
Q4 25
$178.6M
$19.7M
Q3 25
$189.2M
$2.2M
Q2 25
$197.7M
$-23.0M
Q1 25
$153.2M
$36.2M
Q4 24
$282.9M
$8.3M
Q3 24
$122.3M
$18.2M
Q2 24
$74.2M
$6.9M
Q1 24
$14.8M
$40.7M
FCF Margin
IHS
IHS
SCVL
SCVL
Q4 25
70.3%
6.6%
Q3 25
41.6%
0.7%
Q2 25
45.6%
-8.3%
Q1 25
34.8%
13.8%
Q4 24
111.5%
2.7%
Q3 24
29.1%
5.5%
Q2 24
17.0%
2.3%
Q1 24
3.5%
14.5%
Capex Intensity
IHS
IHS
SCVL
SCVL
Q4 25
26.9%
4.7%
Q3 25
13.6%
3.6%
Q2 25
9.2%
4.8%
Q1 25
10.7%
3.2%
Q4 24
24.2%
3.0%
Q3 24
12.4%
1.7%
Q2 24
13.9%
3.4%
Q1 24
14.6%
4.5%
Cash Conversion
IHS
IHS
SCVL
SCVL
Q4 25
2.30×
Q3 25
1.70×
0.69×
Q2 25
7.36×
-1.03×
Q1 25
6.52×
3.04×
Q4 24
0.90×
Q3 24
1.05×
Q2 24
0.99×
Q1 24
3.44×

Financial Flow Comparison

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

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