InterContinental Hotels Group plc (IHG)

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the United Kingdom, the United States, and internationally. It operates hotels under the Six Senses, Regent, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotel, Hotel Indigo, voco, Ruby, HUALUXE, Crowne Plaza, Iberostar Beachfront Resorts, EVEN Hotels, Holiday Inn Express, Holiday Inn, Garner, avid hotels, Atwell Suites, Staybridge Suites, IHG, Holiday Inn Club Vacations, and Candlewood Suites brand names. The company also provides IHG Rewards loyalty program. InterContinental Hotels Group PLC was formerly known as Six Continents PLC and changed its name to InterContinental Hotels Group PLC in June 2003. The company was founded in 1777 and is headquartered in Windsor, United Kingdom.

Symbol
IHG
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Lodging
Market cap
$24.31B
52 week range
117.29 - 175.89

Valuation

Share price
$156.13 (close of 2026-09-23)
P/E (TTM)
31.54x
Price to book
-8.89x
Price to free cash flow
27.94x
Enterprise value
$27.79B
Book value per share
$-17.43

Price performance

PeriodChange
1 day+0.99%
5 days+1.78%
1 month-2.36%
3 months-8.63%
6 months+18.23%
Year to date+10.86%
1 year+31.43%
3 years+108.34%
5 years+138.08%
10 years+228.90%
All time+1188.20%

Profitability and growth

Return on equity
-27.70%
Return on invested capital
119.00%
Return on assets
14.18%
Return on capital employed
36.92%
Gross margin
85.28%
Net margin
14.61%
EBITDA margin
24.38%
Revenue growth
5.40%
Net income growth
20.70%
Free cash flow growth
25.18%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.58%
Current ratio
0.98x
Net debt to EBITDA
2.46x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$5.19B
Cost of revenue
$764.00M
Gross profit
$4.42B
EBITDA
$1.26B
Net income
$758.00M
Earnings per share
$4.91
Interest expense
$202.00M
Shares outstanding
154.40M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$5.19B$4.42B$758.00M$4.91
2024-12-31$4.92B$4.18B$628.00M$3.90
2023-12-31$4.62B$3.88B$750.00M$4.44
2022-12-31$3.89B$3.24B$375.00M$2.07
2021-12-31$2.91B$2.42B$266.00M$1.45
2020-12-31$2.39B$2.04B$-260.00M$-1.43
2019-12-31$4.63B$3.85B$385.00M$2.10
2018-12-31$4.34B$3.67B$349.00M$1.84
2017-12-31$1.78B$1.23B$534.00M$2.77
2016-12-31$1.72B$1.17B$456.00M$2.15

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3185.28%14.61%-27.70%119.00%
2024-12-3184.87%12.76%-27.21%207.53%
2023-12-3183.95%16.22%-38.54%248.77%
2022-12-3183.35%9.64%-23.32%194.14%
2021-12-3183.28%9.15%-18.05%117.06%
2020-12-3185.21%-10.86%14.06%-19.19%
2019-12-3183.10%8.32%-26.28%40.69%
2018-12-3184.53%8.05%-30.86%53.00%
2017-12-3168.95%29.93%-39.44%69.63%
2016-12-3168.05%26.59%-38.29%171.11%

Cash and debt by year

Period endCashDebt
2025-12-31$1.13B$3.72B
2024-12-31$1.01B$2.88B
2023-12-31$1.32B$2.57B
2022-12-31$976.00M$2.34B
2021-12-31$1.45B$2.55B
2020-12-31$1.68B$2.90B
2019-12-31$195.00M$2.08B
2018-12-31$704.00M$1.91B
2017-12-31$168.00M$1.68B
2016-12-31$206.00M$1.61B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$870.00M$47.00M
2024-12-31$695.00M$44.00M
2023-12-31$865.00M$36.00M
2022-12-31$592.00M$30.00M
2021-12-31$619.00M$28.00M
2020-12-31$111.00M$21.00M
2019-12-31$578.00M$30.00M
2018-12-31$663.00M$38.00M
2017-12-31$572.00M$27.00M
2016-12-31$678.00M$23.00M

Dividend history

Most recent payment
2026-08-21
Paid in the last twelve months
$1.90
Payment dateDividend per share
2026-08-21$0.65
2026-04-10$1.26
2025-08-22$0.59
2025-04-04$2.29
2024-08-30$0.53
2024-04-04$1.04
2023-08-31$0.48
2023-03-30$0.94

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-02-17Dec/2025-
2023-08-07--
2023-02-21--
2022-08-09--
2022-02-22--
2021-08-10--
2021-02-23--
2020-12-31--

Filings and sources

Company website
ihgplc.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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