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IHG · NYSE · United States · Hotels & Motels
In shortINTERCONTINENTAL HOTELS GROUP PLC /NEW/ is profitable.
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 23.1% | 94/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 14.6% | 78/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | – | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 58.0% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.98× | 15/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.43× | 45/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 5.93× | 42/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 16.8% | 87/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.15× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 11.8% | 68/100 |
| Operating margin volatility | 3.3% | 79/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 10.1% | 73/100 |
|---|---|---|
| EPS growth, 3-year average | 33.2% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,907 | 3,892 | 4,624 | 4,923 | 5,189 |
| Cost of revenue | 486 | 648 | 742 | 745 | 764 |
| Gross profit | 2,421 | 3,244 | 3,882 | 4,178 | 4,425 |
| Operating income | 494 | 628 | 1,066 | 1,041 | 1,198 |
| Interest expense | 147 | 118 | 126 | 178 | 202 |
| Pre-tax income | 361 | 540 | 1,010 | 897 | 1,074 |
| Income tax | 96 | 164 | 260 | 269 | 315 |
| Net income | 266 | 375 | 750 | 628 | 758 |
| Diluted EPS | $1.45 | $2.06 | $4.41 | $3.85 | $4.87 |
| Diluted shares (millions) | 184 | 182 | 170 | 163 | 156 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Feb 26, 2026