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Side-by-side financial comparison of IHS Holding Ltd (IHS) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.
Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $254.0M, roughly 1.3× IHS Holding Ltd). On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 0.1%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% 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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
IHS vs WEST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $254.0M | $339.5M |
| Net Profit | — | $-22.6M |
| Gross Margin | 83.6% | 11.5% |
| Operating Margin | — | -2.6% |
| Net Margin | — | -6.6% |
| Revenue YoY | 0.1% | 48.3% |
| Net Profit YoY | — | 8.3% |
| EPS (diluted) | — | $-0.22 |
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.
| Q4 25 | $254.0M | $339.5M | ||
| Q3 25 | $455.1M | $354.8M | ||
| Q2 25 | $433.3M | $280.9M | ||
| Q1 25 | $439.6M | $213.8M | ||
| Q4 24 | $253.8M | $229.0M | ||
| Q3 24 | $420.3M | $220.9M | ||
| Q2 24 | $435.4M | $208.4M | ||
| Q1 24 | $417.7M | $192.5M |
| Q4 25 | — | $-22.6M | ||
| Q3 25 | $147.4M | $-19.1M | ||
| Q2 25 | $32.3M | $-21.6M | ||
| Q1 25 | $30.7M | $-27.2M | ||
| Q4 24 | — | $-24.6M | ||
| Q3 24 | $-205.7M | $-14.3M | ||
| Q2 24 | $-124.3M | $-17.8M | ||
| Q1 24 | $-1.6B | $-23.7M |
| Q4 25 | 83.6% | 11.5% | ||
| Q3 25 | 47.5% | 11.7% | ||
| Q2 25 | 51.3% | 14.7% | ||
| Q1 25 | 51.4% | 13.6% | ||
| Q4 24 | 72.1% | 16.6% | ||
| Q3 24 | 52.0% | 16.8% | ||
| Q2 24 | 52.5% | 19.9% | ||
| Q1 24 | 39.1% | 19.4% |
| Q4 25 | — | -2.6% | ||
| Q3 25 | 35.1% | -2.4% | ||
| Q2 25 | 33.8% | -5.3% | ||
| Q1 25 | 37.1% | -6.1% | ||
| Q4 24 | — | -4.3% | ||
| Q3 24 | 29.9% | -5.8% | ||
| Q2 24 | 34.0% | -7.9% | ||
| Q1 24 | -1.7% | -5.3% |
| Q4 25 | — | -6.6% | ||
| Q3 25 | 32.4% | -5.4% | ||
| Q2 25 | 7.5% | -7.7% | ||
| Q1 25 | 7.0% | -12.7% | ||
| Q4 24 | — | -10.7% | ||
| Q3 24 | -48.9% | -6.5% | ||
| Q2 24 | -28.5% | -8.5% | ||
| Q1 24 | -372.8% | -12.3% |
| Q4 25 | — | $-0.22 | ||
| Q3 25 | $0.44 | $-0.20 | ||
| Q2 25 | $0.10 | $-0.23 | ||
| Q1 25 | $0.10 | $-0.29 | ||
| Q4 24 | — | $-0.26 | ||
| Q3 24 | $-0.61 | $-0.16 | ||
| Q2 24 | $-0.36 | $-0.20 | ||
| Q1 24 | $-4.67 | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $825.7M | $49.9M |
| Total DebtLower is stronger | $3.1B | $444.1M |
| Stockholders' EquityBook value | $-89.8M | $-1.9M |
| Total Assets | $4.5B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $825.7M | $49.9M | ||
| Q3 25 | $647.6M | $34.0M | ||
| Q2 25 | $531.8M | $44.0M | ||
| Q1 25 | $629.0M | $33.1M | ||
| Q4 24 | $578.0M | $26.2M | ||
| Q3 24 | $397.5M | $22.4M | ||
| Q2 24 | $445.7M | $24.3M | ||
| Q1 24 | $333.2M | $12.6M |
| Q4 25 | $3.1B | $444.1M | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.3B | $393.1M | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $3.6B | — | ||
| Q1 24 | $3.5B | — |
| Q4 25 | $-89.8M | $-1.9M | ||
| Q3 25 | $38.1M | $11.4M | ||
| Q2 25 | $-98.4M | $18.2M | ||
| Q1 25 | $-184.4M | $71.4M | ||
| Q4 24 | $-314.4M | $97.5M | ||
| Q3 24 | $-284.7M | $110.3M | ||
| Q2 24 | $-308.3M | $81.5M | ||
| Q1 24 | $-163.2M | $91.7M |
| Q4 25 | $4.5B | $1.2B | ||
| Q3 25 | $4.7B | $1.2B | ||
| Q2 25 | $4.5B | $1.2B | ||
| 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 | $983.3M |
| Q4 25 | — | — | ||
| Q3 25 | 85.85× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.03× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $246.9M | $36.7M |
| Free Cash FlowOCF − Capex | $178.6M | $27.8M |
| FCF MarginFCF / Revenue | 70.3% | 8.2% |
| Capex IntensityCapex / Revenue | 26.9% | 2.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $718.7M | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $246.9M | $36.7M | ||
| Q3 25 | $251.3M | $-26.6M | ||
| Q2 25 | $237.7M | $-7.0M | ||
| Q1 25 | $200.3M | $-22.1M | ||
| Q4 24 | $344.4M | $2.8M | ||
| Q3 24 | $174.5M | $-332.0K | ||
| Q2 24 | $134.7M | $-23.7M | ||
| Q1 24 | $75.8M | $8.0M |
| Q4 25 | $178.6M | $27.8M | ||
| Q3 25 | $189.2M | $-44.7M | ||
| Q2 25 | $197.7M | $-27.5M | ||
| Q1 25 | $153.2M | $-63.4M | ||
| Q4 24 | $282.9M | $-15.4M | ||
| Q3 24 | $122.3M | $-36.7M | ||
| Q2 24 | $74.2M | $-59.9M | ||
| Q1 24 | $14.8M | $-60.9M |
| Q4 25 | 70.3% | 8.2% | ||
| Q3 25 | 41.6% | -12.6% | ||
| Q2 25 | 45.6% | -9.8% | ||
| Q1 25 | 34.8% | -29.7% | ||
| Q4 24 | 111.5% | -6.7% | ||
| Q3 24 | 29.1% | -16.6% | ||
| Q2 24 | 17.0% | -28.7% | ||
| Q1 24 | 3.5% | -31.7% |
| Q4 25 | 26.9% | 2.6% | ||
| Q3 25 | 13.6% | 5.1% | ||
| Q2 25 | 9.2% | 7.3% | ||
| Q1 25 | 10.7% | 19.3% | ||
| Q4 24 | 24.2% | 7.9% | ||
| Q3 24 | 12.4% | 16.5% | ||
| Q2 24 | 13.9% | 17.4% | ||
| Q1 24 | 14.6% | 35.8% |
| 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
IHS
Segment breakdown not available.
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
