Intercontinental Hotels Group IHG

158.16 0.50 0.32% as of 25 Sep
Market cap
$23.1B
P/E
26.8×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 22.49%

Capital & Financial Ratios

Market Cap 23,080.00
Revenue 7,818.81
Net Income 2,281.00
Free Cash Flow 2,010.00
Net Debt 3,322.00
Current Ratio 0.66
Debt/Equity (1.39)
P/E ratio 26.75
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth 13.11%
This Y EPS Growth 15.00%
Next Y EPS Growth 13.63%
Next 5Y EPS Growth 13.66%
in millions of $

Dividends

Payout Ratio 0.39
Annual Dividend Rate 1.43
Annual Dividend Yield 1.68%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.90
1.26
0.65
2025 1.73
1.14
0.59
2024 1.57
1.04
0.53
2023 1.43
0.95
0.48
2022 0.44
0.86
0.44
2021 Powerpack
2020 0.86
0.86
2019 6.69
2.76
2.75
0.78
0.40
2018 1.66
0.53
0.75
0.38
2017 4.48
2.23
2.23
1.65
0.35
0.26
2016 10.20
0.74
0.53
8.35
8.37
0.33
0.25
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1,322 1,008 1,129 825
Receivables 755 807 860 984
Inventory 5 4 5 4
Other 47 50 55 63
2,129 1,869 2,049 1,876
2023 2024 2025 Q'26
Payables 711 650 676 769
ST’ Debt 599 398 478 1,046
Other 47 36 37 41
2,190 1,928 2,100 2,824
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 11.15% 16.73% 10.06%
Cash Flow 3.64% 45.65% 11.60%
Earnings (4.66%) 0.00% 26.44%
Book Value 0.00% 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 5,189
’24 — — — — 4,923
’23 — — — — 4,624
’22 — — — — 3,892
’21 — — — — 2,907
’20 — — — — 2,394
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — 355 — — —
’25 — 312 — 898 898
’24 — 162 — 724 724
’23 — 315 — 893 893
’22 — 175 — 646 646
’21 — 173 — 636 636
’20 — (14) — 137 137
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — 322 — — —
’25 — 160 — 870 701
’24 — 126 — 704 655
’23 — 280 — 865 811
’22 — 145 — 595 550
’21 — 157 — 663 628
’20 — (34) — 112 62
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 4.87
’24 — — — — 3.85
’23 — — — — 4.41
’22 — — — — 2.08
’21 — — — — 1.45
’20 — — — — (1.43)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
38.13 49.49 53.57 55.14 25.39 58.74 47.06 58.37 89.02 94.78

Analyst estimates 2026–2028

Powerpack
Low Price
55.64 67.39 72.95 71.02 69.04 75.20 71.71 91.63 131.68 144.96
High Price
6,587 6,658 12,812 14,436 12,832 11,161 12,899 13,462 12,587 13,049
Employees
0 1 0 0 0 0 0 0 0 0
Revenue/Emp
1,715 4,075 4,337 4,627 2,394 2,907 3,892 4,624 4,923 5,189
Revenue
66.18% 85.99% 84.14% 83.10% 85.21% 83.28% 83.35% 83.95% 84.87% 85.28%
Gross Margin
591 656 482 542 (280) 361 540 1,010 897 1,074
EBT
34.46% 16.10% 11.11% 11.71% (11.70%) 12.42% 13.87% 21.84% 18.22% 20.70%
EBT Margin
417 541 350 386 (260) 265 376 750 628 759
Net Income
127 114 164 170 172 192 154 150 145 146
Depreciation
8.52 21.11 22.83 25.28 13.15 15.89 21.50 27.36 30.54 33.61
Revenue/Sh
2.14 3.23 1.83 2.10 (1.43) 1.45 2.08 4.44 3.90 4.91
Earnings/Sh
3.73 2.99 3.73 3.57 0.75 3.48 3.57 5.28 4.49 5.82
Cash Flow/Sh
(1.04) (1.12) (0.83) (0.98) (0.41) (0.04) (0.53) (0.49) (0.43) (1.28)
Capex/Sh
2.70 1.87 2.90 2.59 0.34 3.43 3.04 4.80 4.06 4.54
Free CF/Sh
(3.77) (6.74) (5.95) (8.01) (10.16) (8.05) (8.88) (11.51) (14.32) (17.72)
Book Value/Sh
201 193 190 183 182 183 181 169 161 154
Shares
17.67 23.90 21.78 21.24 97.21 4,050.31 16.96 15.36 21.14 23.83
PE Ratio
5.12 6.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PS Ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PB Ratio
0.00 0.00 0.37 0.27 0.29 0.26 0.21 0.24 0.29 0.39
EV/Sales
0.44 0.54 0.78 1.21 2.55 1.53 0.89 0.96 1.17 1.69
EV/FCF
752 577 709 653 137 636 646 893 724 898
Op' Cash Flow
(209) (216) (158) (179) (75) (8) (96) (82) (69) (197)
Capex
543 361 551 474 62 628 550 811 655 701
FCF
(356) (417) (34) (449) 376 442 134 (61) (59) (51)
Working Cap'
1,712 2,019 2,014 2,165 3,767 2,845 2,396 3,166 3,274 4,201
Total Debt
1,506 1,851 1,310 1,970 2,092 1,395 1,420 1,844 2,266 3,072
Net Debt
(759) (1,301) (1,131) (1,465) (1,849) (1,474) (1,608) (1,946) (2,308) (2,736)
Sh' Equity
12.37% 18.19% 9.83% 9.29% (5.63%) 5.45% 8.40% 16.61% 13.14% 15.02%
ROA
58.07% 82.73% 203.21% 77.97% (39.35%) 0.00% 0.00% 0.00% 0.00% 222.84%
ROIC
(188.18%) (52.43%) (28.70%) (29.66%) 15.69% (16.01%) (24.33%) (42.21%) (29.53%) (30.06%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2012

Intercontinental Hotels Group (IHG) key facts

  • Intercontinental Hotels Group (IHG) is a Lodging company in the Consumer Cyclical sector, traded in the US as an ADR.
  • Intercontinental Hotels Group’s revenue for fiscal 2025 (year ended December 2025) was GBP 5.2 billion, up 5.40% from fiscal 2024.
  • As of September 25, 2026, IHG traded at $158.16, a market capitalization of $23.1 billion.
  • Intercontinental Hotels Group pays an annual dividend of $1.43 per share, a yield of 1.68%, with a payout ratio of 39.2%.
  • Return on equity was −30.1% and debt-to-equity -1.39.

Source: company filings (standardised) and stockrow calculations.

Intercontinental Hotels Group (IHG) Latest News

News by impact score

Fine-tune

22 Sep

3

InterContinental Hotels Group (IHG) will launch its Noted Collection brand in Jordan through a franchise with Al Ameed Coffee. The 50-room Amman property will center on Jordan’s coffee heritage, with the first two floors housing a coffee reserve and experience centre described as an immersive food and beverage destination, and coffee-inspired design extending to guest rooms. Located on a main corridor between Amman and Queen Alia International Airport, the hotel targets premium lifestyle demand. The move expands IHG’s footprint in Jordan, where it already operates eight properties under InterContinental, Crowne Plaza and Holiday Inn Resort brands. IHG Middle East and Africa managing director Haitham Mattar said Jordan is a long-term growth market and a natural fit for Noted Collection, rooted in coffee craft, culture and ritual. The piece notes IHG also recently expanded a commercial agreement with Urban Property Group for two NSW developments in Australia. Expands premium lifestyle footprint in a growth market with a new brand concept, but impact is likely limited to a single-property addition and modest near-term pipeline.

21 Sep

3

IHG launches a global, social-first campaign, 'When the Host Needs Hosting,' featuring Amelia Dimoldenberg to flip the hosting dynamic and highlight hospitality. A survey by IHG and Talker finds 67% of Americans are the person who plans and cares for others, and travel can feel like work. The limited-edition 'Hosted Like A Host' experience lets IHG One Rewards members bid points for a stay at select U.S. properties (InterContinental Los Angeles Downtown, Kimpton Surfcomber Miami South Beach, Hotel Indigo Lower East Side New York) from Sept. 21 to Oct. 9. Amelia is the first in a series of hosts with content in Australia, Mexico, Europe and beyond. Follow @IHGHotels for updates; IHG operates 21 brands with over 7,000 hotels, 160 million members. Limited-scale marketing initiative with a high-profile host and a loyalty-bid stay, likely to produce modest brand engagement and selective occupancy gains.

24 Aug

3

InterContinental Hotels Group integrates AI search functions to increase visibility and customer reach. AI search tools deliver incremental gains in digital visibility and customer acquisition.

18 Aug

4 transcript

IHG held its Q2 2026 earnings call, covering quarterly results, operational metrics, and management outlook for the hotel group. Earnings call delivers financial results and guidance that can significantly shift investor views and company trajectory.

11 Aug

4 transcript

InterContinental Hotels Group PLC reported record development in its H1 2026 earnings call. Record development signals major strategic growth that can significantly boost IHG trajectory and investor sentiment.

3

Intercontinental Hotels Group anticipates continued positive momentum through the second half, supporting ongoing operational strength and market performance. Sustained positive momentum points to moderate gains in financial results and positioning without indicating transformative shifts.

3 transcript

Intercontinental Hotels Group held its H1 earnings call and highlighted financial results along with operational updates. H1 earnings figures and commentary can moderately shift near-term investor views and share price.

3

World Cup delivers revenue gains for IHG that offset losses from Iran conflict disruptions. World Cup gains and Iran conflict losses create moderately noticeable short-term revenue swings for IHG without altering long-term strategy.

28 Jul

3

IHG Hotels & Resorts launches AI conversational search across its digital channels to transform guest experience. AI search rollout supports digital innovation and guest services with limited expected effect on overall financial trajectory.

19 May

3

Centinel Public Partnerships and IHG Hotels & Resorts selected as partners for U.S. Air Force Lodging. U.S. Air Force lodging partnership delivers steady government contract revenue supporting IHG core operations.

10 May

4

Intercontinental Hotels Group (IHG) Q1 earnings call highlights strong revenue growth, RevPAR increases, system expansion, and positive outlook amid travel recovery. Q1 earnings highlights detail financial results and guidance that significantly shape IHG's trajectory and investor confidence.

7 May

3

Intercontinental Hotels Group (IHG) reported Q1 US RevPAR growth, attributing it to robust demand fundamentals. Q1 US RevPAR growth indicates solid financial performance and demand strength, moderately impacting IHG's trajectory.

23 Apr

4

Vinhomes Green Paradise Can Gio partners with IHG Hotels & Resorts to introduce four international hotel brands to the Coastal Mega Urban Development. Partnership deploys four IHG brands in a major Vietnamese coastal mega-project, driving significant regional expansion and revenue growth.

3

Intercontinental Hotels Group (IHG) signed franchise agreements for 11 hotels across Europe, including properties in the UK, Spain, Italy, and Germany under brands like Holiday Inn, Crowne Plaza, and Hotel Indigo. Franchise agreements for 11 European hotels expand IHG's room pipeline and support moderate revenue growth without fundamentally altering its trajectory.

29 Mar

3

InterContinental Hotels Group (LSE:IHG) narrative shifts positively amid analysts issuing mixed higher price targets, signaling improved outlook despite varied views. Mixed higher price targets reflect shifting positive narrative, moderately influencing investor sentiment and market performance.

23 Mar

4

Oracle Hospitality accelerates cloud expansion, spotlighting strategic advancements and future outlook for Intercontinental Hotels Group (IHG) amid digital transformation in hospitality. Oracle's cloud push represents a major strategic technology upgrade for IHG's operations, potentially boosting efficiency, guest experience, and market positioning.

12 Mar

4

InterContinental Hotels Group PLC (IHG) gained from strong quarterly earnings and a robust pipeline of new hotels. Strong quarterly earnings and new hotel pipeline represent major growth drivers boosting IHG's future performance and investor sentiment.

4

Grab Holdings Limited (GRAB) and IHG Hotels & Resorts announce a strategic partnership to integrate IHG's hotel bookings into Grab's Southeast Asia superapp platform, aiming to boost guest acquisition and loyalty through GrabRewards. Strategic partnership with Grab expands IHG's distribution in high-growth Southeast Asia markets, likely driving significant booking growth and competitive positioning.

8 Mar

3

Intercontinental Hotels Group (IHG) explores AI-powered property management systems that could revolutionize hotel operations and guest experiences by optimizing staffing, maintenance, and personalization. AI adoption in property management offers moderate potential to improve IHG's efficiency and competitiveness without fundamentally reshaping its market position.

25 Feb

3

InterContinental Hotels Group's (LSE:IHG) investment story is shifting due to new Street analyst views. New analyst views shift IHG's investment narrative with moderately noticeable influence on market sentiment and performance.

3

Morgan Stanley forecasts InterContinental Hotels Group (IHG) poised for stronger room revenue but slower earnings growth in 2026. Analyst prediction of stronger revenue balanced by slower earnings growth signals moderate influence on IHG's financial performance.

18 Feb

4

Intercontinental Hotels Group (IHG) launches a new premium hotel brand targeting upscale travelers, expanding its portfolio with innovative luxury offerings. New premium brand launch is a major strategic move enhancing IHG's competitive positioning and growth prospects in the luxury hotel segment.

4

Intercontinental Hotels Group (IHG) launched a new collection brand in Q4, capitalizing on strong conversion momentum to expand its portfolio. New collection brand launch represents a major strategic expansion in conversions, boosting IHG's growth and competitive positioning.

17 Feb

4

InterContinental Hotels Group PLC (IHG) reported record growth in its Full Year 2025 earnings call highlights. Record growth in FY2025 earnings signals major strategic success and boosts IHG's market performance outlook.

4

InterContinental Hotels Group (IHG) released H2 earnings call highlights, covering financial performance, revenue growth, expansion plans, and outlook amid market recovery. H2 earnings highlights reveal core financial results and strategic updates that significantly shape IHG's market trajectory and investor sentiment.

4

Intercontinental Hotels Group (IHG), owner of Holiday Inn, opened 443 hotels as sales grew despite turbulent market conditions. Opening 443 hotels amid sales growth in turbulent conditions represents major expansion driving significant long-term performance gains.

3

InterContinental Hotels Group posted higher revenue despite a tough U.S. market. Higher revenue amid U.S. challenges signals moderate positive influence on financial performance without fundamentally altering trajectory.

13 Feb

4

Keith Barr has been appointed as the new CEO of CarMax, focusing on enhancing digital capabilities and customer experience. His leadership is expected to drive significant changes in the company's operations, aligning with current market trends emphasizing technology and customer-centric strategies. The leadership change at CarMax under Keith Barr is likely to significantly impact its strategic direction and market positioning.

12 Feb

4

Hospitality leaders, including those from Intercontinental Hotels Group (IHG), are urging the UK Chancellor to eliminate a proposed visitor levy, arguing it would deter tourism and negatively impact the hospitality sector. They emphasize that such a tax could hinder recovery efforts post-pandemic and affect the competitiveness of the UK as a travel destination. The industry is advocating for policies that support growth and attract visitors rather than impose additional financial burdens. The proposed visitor levy could significantly impact tourism and hospitality revenues, affecting IHG's market performance and strategic positioning.

3

Intercontinental Hotels Group (IHG) is facing challenges due to a significant decline in travel demand and rising operational costs. The company reported lower-than-expected earnings, prompting concerns about its recovery trajectory. Analysts are closely monitoring IHG's strategies to adapt to changing market conditions, including potential cost-cutting measures and adjustments in pricing strategies. The overall outlook remains cautious as the hospitality industry grapples with ongoing uncertainties. Moderate challenges in travel demand and operational costs are expected to affect IHG's financial performance and market positioning.

stockrow.com/IHG · Data as of Dec 31, 2012 · For information only; not investment advice. · © 2026 stockrow.com