IHS Holding vs Marcus & Millichap
IHS Holding is the larger business, with $1.58bn of revenue in fiscal 2025 against $755m for Marcus & Millichap (2.1 times as much). Marcus & Millichap grew faster (8.5% against 3.6%). IHS Holding kept more of each dollar of sales as profit: a net margin of 9.1% against -0.3%.
| Latest fiscal year | IHS HoldingIHS, 2025 | Marcus & MillichapMMI, 2025 |
|---|---|---|
| Revenue | $1.58bn | $755m |
| Revenue growth | 3.6% | 8.5% |
| Net income | $144m | −$1.9m |
| Operating margin | 51.9% | -1.8% |
| Net margin | 9.1% | -0.3% |
| Return on equity | — | -0.3% |
| Free cash flow | $719m | $58.8m |
| Cash | $826m | $162m |
| Total debt | $3.14bn | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | 1.8% |
| Share buybacks | — | $25.4m |
| Employees | — | 854 |
| Market value | $2.83bn | $1.09bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | — | 50 (Moderate) |
| Insider trades, 12 months | 0 buys, 9 sales | 0 buys, 2 sales |