I 
InterContinental Hotels Group IHG.L · USD
Consumer Discretionary · Hotels, Restaurants & Leisure · LSE · 🇬🇧 United Kingdom
FTSE 100
179.80
+1.01%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$4.92bn
FY2015FY2024
Net income
$628.0m
FY2015FY2024
Free cash flow
$646.0m
FY2015FY2024
Shareholders' equity
−$2.31bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.92bn | $4.62bn | $3.89bn | $2.91bn | $2.39bn | $4.63bn | $4.34bn | $4.08bn | $3.91bn | $1.80bn |
| Gross profit | $1.46bn | $1.42bn | $1.09bn | $893.0m | $502.0m | $1.24bn | $1.13bn | $1.13bn | $1.15bn | $1.16bn |
| Operating income | $1.05bn | $1.02bn | $725.0m | $531.0m | $111.0m | $819.0m | $718.0m | $730.0m | $743.0m | $683.0m |
| Net income | $628.0m | $750.0m | $375.0m | $266.0m | −$260.0m | $385.0m | $351.0m | $540.0m | $456.0m | $1.22bn |
| Diluted earnings per share | 3.85 | 4.41 | 2.06 | 1.45 | -1.43 | 2.09 | 1.92 | 2.93 | 2.24 | 6.77 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $4.75bn | $4.81bn | $4.22bn | $4.72bn | $5.04bn | $4.19bn | $4.09bn | $3.01bn | $2.76bn | — |
| Cash and short-term investments | $1.01bn | $1.33bn | $976.0m | $1.45bn | $1.68bn | $199.0m | $705.0m | $184.0m | $226.0m | — |
| Total liabilities | $7.06bn | $6.76bn | $5.83bn | $6.20bn | $6.90bn | $5.67bn | $5.23bn | $4.32bn | $3.92bn | — |
| Debt | $3.69bn | $3.59bn | $2.82bn | $3.26bn | $4.22bn | $2.83bn | $2.68bn | $2.02bn | $1.71bn | — |
| Shareholders' equity | −$2.31bn | −$1.95bn | −$1.61bn | −$1.48bn | −$1.86bn | −$1.47bn | −$1.14bn | −$1.31bn | −$1.15bn | — |
| Shares outstanding | 163m | 170m | 182m | 184m | 182m | 184m | 182m | 184m | 203m | 180m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $724.0m | $893.0m | $646.0m | $636.0m | $137.0m | $653.0m | $709.0m | $577.0m | $710.0m | $628.0m |
| Capital spending | −$78.0m | −$82.0m | −$99.0m | −$52.0m | −$76.0m | −$179.0m | −$158.0m | −$216.0m | −$167.0m | −$199.0m |
| Free cash flow | $646.0m | $811.0m | $547.0m | $584.0m | $61.0m | $474.0m | $551.0m | $361.0m | $543.0m | $429.0m |
| Dividends paid | −$259.0m | −$245.0m | −$233.0m | — | — | −$721.0m | −$199.0m | −$593.0m | −$1.69bn | −$188.0m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52bn | $2.60bn | $2.32bn | $2.40bn | $2.23bn | $890.0m | $2.10bn | $833.0m |
| Gross profit | $663.0m | $895.0m | $560.0m | $824.0m | $594.0m | $303.5m | $697.0m | $552.5m |
| Operating income | $634.0m | $510.0m | $531.0m | $461.0m | $563.0m | $251.5m | $345.0m | $137.5m |
| Net income | $469.0m | $281.0m | $347.0m | $291.0m | $459.0m | $229.5m | $159.0m | $80.0m |
| Diluted earnings per share | 2.97 | 1.74 | 2.10 | 1.75 | 2.64 | 1.32 | 0.89 | 0.44 |
| Total assets | $4.94bn | $4.75bn | $4.58bn | $4.81bn | $4.15bn | $4.15bn | $4.22bn | $4.22bn |
| Cash and short-term investments | $619.0m | $1.01bn | $858.0m | $1.33bn | $713.0m | $713.0m | $976.0m | $976.0m |
| Debt | $3.63bn | $3.26bn | $2.95bn | $3.01bn | $2.84bn | $2.86bn | $2.74bn | $2.81bn |
| Shareholders' equity | −$2.64bn | −$2.31bn | −$2.20bn | −$1.95bn | −$1.82bn | −$1.82bn | −$1.61bn | −$1.61bn |
Financial ratios
Data as of 25 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2015 | FY2013 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 30.7% | 29.6% | 29.7% | 26.3% | 27.8% | 17.8% | — | — |
| Operating margin | 23.1% | 17.3% | 22.6% | 17.9% | 18.3% | 4.2% | — | — |
| Net margin | 14.6% | 12.8% | 12.7% | 8.0% | 6.8% | -10.9% | — | — |
| Return on equity | -27.7% | -34.0% | -38.5% | -23.2% | -18.0% | 14.0% | — | — |
| Return on assets | 14.2% | 16.5% | 15.6% | 8.9% | 5.6% | -5.2% | — | — |
| Free cash flow yield | 3.9% | 2.4% | 2.8% | 2.7% | 1.7% | 0.4% | — | — |
| Revenue growth | 5.4% | 6.5% | 18.8% | 33.9% | 66.0% | -49.9% | — | — |
| Earnings growth | 21.0% | 6.6% | 90.0% | 57.6% | -203.5% | -165.4% | — | — |
| Current ratio | 0.97x | 0.97x | 0.97x | 1.08x | 1.27x | 1.20x | — | — |
| Debt to equity | -1.54x | -1.74x | -2.00x | -1.80x | -2.55x | -2.62x | — | — |
| Equity ratio | -51.3% | -48.7% | -40.5% | -38.3% | -31.4% | -36.9% | — | — |
| Interest coverage | 5.95x | 5.29x | 10.65x | 5.77x | 4.93x | 0.71x | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.4% | 1.8% |
| Buybacks as a share of market value | 5.0% | 2.4% | 7.5% | 3.2% | -0.8% | 0.8% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.2% | 1.2% | 10.2% |
| Operating income | 25.6% | 5.2% | 4.9% |
| Net income | 33.2% | 10.3% | 4.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 30.1% | 29.7% | 28.3% | 31.3% |
| Operating margin | 21.8% | 20.4% | 18.2% | 19.8% |
| Net margin | 14.4% | 12.4% | 9.2% | 13.0% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 34.8 | 21.6 | 31.0 | 44.5 | -44.2 | 33.5 | 31.2 | 22.8 | 24.0 | 7.0 |
| Price to sales | 4.4 | 3.5 | 3.0 | 4.1 | 4.8 | 2.8 | 2.5 | 3.0 | 2.8 | 4.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 20 Aug 2026.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.446 | 1.247 | 1.148 | 1.053 | 0.924 | 2.858 | 2.519 | 6.561 |
- 20-to-19 reverse split · 14 Jan 2019
- 47-to-45 reverse split · 8 May 2017
- 6-to-5 reverse split · 9 May 2016
- 13-to-12 reverse split · 1 Jul 2014
- 15-to-14 reverse split · 9 Oct 2012
- 1.02-to-1 reverse split · 4 Jun 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.