vs
Side-by-side financial comparison of IHS Holding Ltd (IHS) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $254.0M, roughly 1.3× IHS Holding Ltd). On growth, IHS Holding Ltd posted the faster year-over-year revenue change (0.1% vs -76.3%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $168.0M). Over the past eight quarters, WYNDHAM HOTELS & RESORTS, INC.'s revenue compounded faster (-4.6% 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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
IHS vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $254.0M | $334.0M |
| Net Profit | — | $-60.0M |
| Gross Margin | 83.6% | — |
| Operating Margin | — | — |
| Net Margin | — | -18.0% |
| Revenue YoY | 0.1% | -76.3% |
| Net Profit YoY | — | -170.6% |
| EPS (diluted) | — | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $254.0M | $334.0M | ||
| Q3 25 | $455.1M | $382.0M | ||
| Q2 25 | $433.3M | $397.0M | ||
| Q1 25 | $439.6M | $316.0M | ||
| Q4 24 | $253.8M | $336.0M | ||
| Q3 24 | $420.3M | $396.0M | ||
| Q2 24 | $435.4M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | — | $-60.0M | ||
| Q3 25 | $147.4M | $105.0M | ||
| Q2 25 | $32.3M | $87.0M | ||
| Q1 25 | $30.7M | $61.0M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | $-205.7M | $102.0M | ||
| Q2 24 | $-124.3M | $86.0M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | -11.4% | ||
| Q3 25 | 35.1% | 46.6% | ||
| Q2 25 | 33.8% | 37.8% | ||
| Q1 25 | 37.1% | 35.4% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | 29.9% | 43.2% | ||
| Q2 24 | 34.0% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | — | -18.0% | ||
| Q3 25 | 32.4% | 27.5% | ||
| Q2 25 | 7.5% | 21.9% | ||
| Q1 25 | 7.0% | 19.3% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | -48.9% | 25.8% | ||
| Q2 24 | -28.5% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | — | $-0.77 | ||
| Q3 25 | $0.44 | $1.36 | ||
| Q2 25 | $0.10 | $1.13 | ||
| Q1 25 | $0.10 | $0.78 | ||
| Q4 24 | — | $1.06 | ||
| Q3 24 | $-0.61 | $1.29 | ||
| Q2 24 | $-0.36 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | $3.1B | — |
| Stockholders' EquityBook value | $-89.8M | $468.0M |
| Total Assets | $4.5B | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $825.7M | $64.0M | ||
| Q3 25 | $647.6M | $70.0M | ||
| Q2 25 | $531.8M | $50.0M | ||
| Q1 25 | $629.0M | $48.0M | ||
| Q4 24 | $578.0M | $103.0M | ||
| Q3 24 | $397.5M | $72.0M | ||
| Q2 24 | $445.7M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $2.5B | ||
| Q3 25 | $3.3B | $2.6B | ||
| Q2 25 | $3.2B | $2.5B | ||
| Q1 25 | $3.4B | $2.5B | ||
| Q4 24 | $3.3B | $2.4B | ||
| Q3 24 | $3.5B | $2.4B | ||
| Q2 24 | $3.6B | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $-89.8M | $468.0M | ||
| Q3 25 | $38.1M | $583.0M | ||
| Q2 25 | $-98.4M | $570.0M | ||
| Q1 25 | $-184.4M | $579.0M | ||
| Q4 24 | $-314.4M | $650.0M | ||
| Q3 24 | $-284.7M | $583.0M | ||
| Q2 24 | $-308.3M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $4.5B | $4.2B | ||
| Q3 25 | $4.7B | $4.3B | ||
| Q2 25 | $4.5B | $4.3B | ||
| Q1 25 | $4.4B | $4.2B | ||
| Q4 24 | $4.2B | $4.2B | ||
| Q3 24 | $4.6B | $4.2B | ||
| Q2 24 | $4.5B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.37× | ||
| Q3 25 | 85.85× | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $178.6M | $168.0M |
| FCF MarginFCF / Revenue | 70.3% | 50.3% |
| Capex IntensityCapex / Revenue | 26.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $718.7M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $246.9M | $152.0M | ||
| Q3 25 | $251.3M | $86.0M | ||
| Q2 25 | $237.7M | $70.0M | ||
| Q1 25 | $200.3M | $59.0M | ||
| Q4 24 | $344.4M | $134.0M | ||
| Q3 24 | $174.5M | $79.0M | ||
| Q2 24 | $134.7M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $178.6M | $136.0M | ||
| Q3 25 | $189.2M | $75.0M | ||
| Q2 25 | $197.7M | $58.0M | ||
| Q1 25 | $153.2M | $52.0M | ||
| Q4 24 | $282.9M | $109.0M | ||
| Q3 24 | $122.3M | $71.0M | ||
| Q2 24 | $74.2M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 70.3% | 40.7% | ||
| Q3 25 | 41.6% | 19.6% | ||
| Q2 25 | 45.6% | 14.6% | ||
| Q1 25 | 34.8% | 16.5% | ||
| Q4 24 | 111.5% | 32.4% | ||
| Q3 24 | 29.1% | 17.9% | ||
| Q2 24 | 17.0% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 26.9% | 4.8% | ||
| Q3 25 | 13.6% | 2.9% | ||
| Q2 25 | 9.2% | 3.0% | ||
| Q1 25 | 10.7% | 2.2% | ||
| Q4 24 | 24.2% | 7.4% | ||
| Q3 24 | 12.4% | 2.0% | ||
| Q2 24 | 13.9% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.70× | 0.82× | ||
| Q2 25 | 7.36× | 0.80× | ||
| Q1 25 | 6.52× | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IHS
Segment breakdown not available.
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |