IHG Stock Analysis: InterContinental Hotels | NYSE

Lodging | NYSE, USA | Market Cap: 24.149m USD | 12M Return: 37.3% | Charts, Fundamentals & Technical Analysis

Hotels, Loyalty Program, Resorts, Franchising
Total Rating 54
Safety 41
Buy Signal 0.51
Lodging
Industry Rotation: -14.2
Market Cap: 24.1B
Avg Turnover: 42.4M
Risk 3d forecast
Volatility23.4%
VaR 5th Pctl4.03%
VaR vs Median4.33%
Reward TTM
Sharpe Ratio1.21
Rel. Str. IBD76.9
Rel. Str. Peer Group76.8
Character TTM
Beta0.976
Beta Downside0.967
Hurst Exponent0.507
Drawdowns 3y
Max DD28.13%
CAGR/Max DD1.26
CAGR/Mean DD5.94
EPS (Earnings per Share) EPS (Earnings per Share) of IHG over the last years for every Quarter: "2021-06": 0.7177, "2021-09": 0.2728, "2021-12": 0.0637, "2022-03": 0.3597, "2022-06": 1.82, "2022-09": 0.6183, "2022-12": 2.82, "2023-03": 0.4279, "2023-06": 2.19, "2023-09": 1.3, "2023-12": 1.09, "2024-03": 0.9148, "2024-06": 1.13, "2024-09": 1.31, "2024-12": 0.6949, "2025-03": 1.04, "2025-06": 1.87, "2025-09": 1.48, "2025-12": 0.6289, "2026-03": 0,
EPS CAGR: -10.58%
EPS Trend: -62.5%
Last SUE: -4.00
Qual. Beats: -1
Revenue Revenue of IHG over the last years for every Quarter: 2021-06: 943, 2021-09: 687.5, 2021-12: 1375, 2022-03: 697, 2022-06: 1394, 2022-09: 833, 2022-12: 1666, 2023-03: 890, 2023-06: 2226, 2023-09: 974, 2023-12: 1948, 2024-03: null, 2024-06: 2322, 2024-09: null, 2024-12: 2601, 2025-03: null, 2025-06: 2540.652, 2025-09: null, 2025-12: 2670, 2026-03: null,
Rev. CAGR: 43.47%
Rev. Trend: 98.6%
Qual. Beats: 0

Warnings

Altman Z'' In Financial Distress Zone

Tailwinds

Confidence

Seasonality 10.5 years of data

Jan +1.0% 26
Feb -0.1% 0
Mar -5.0% 31
Apr +1.7% 12
May -1.1% 15
Jun -2.9% 13
Jul +0.4% 21
Aug -1.7% 31
Sep -1.8% 21
Oct -2.8% 23
Nov +6.7% 56
Dec +3.2% 38

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: IHG InterContinental Hotels

InterContinental Hotels Group PLC (IHG) is a UK-headquartered global hospitality company that operates hotels through ownership, management, franchising, and leasing arrangements across the UK, the US, and international markets. The company runs a large multi-brand portfolio spanning luxury (Six Senses, Regent, InterContinental), upscale (Kimpton, Hotel Indigo, Crowne Plaza), and focused-service tiers (Holiday Inn, Holiday Inn Express, avid hotels, Garner), alongside its IHG Rewards loyalty program.

IHG operates within the Consumer Discretionary sector (Hotels, Resorts & Cruise Lines sub-industry) and follows an asset-light business model, meaning the majority of its rooms are operated by third-party franchisees and managed-property owners under contract, while IHG collects fees. This structure reduces capital intensity compared to owning the underlying real estate. The company traces its origins to 1777 and adopted its current name in 2003 when it separated from its former beverage and retail operations.

Headlines to Watch Out For
  • China travel recovery boosts Asia-Pacific RevPAR and occupancy
  • Net unit growth expands fee-based franchise and management revenue
  • Share buybacks and dividends support capital returns to shareholders
Piotroski VR-10 (Strict) 5.5
Net Income: 762.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.16 > 0.02 and ΔFCF/TA 1.58 > 1.0
NWC/Revenue: -0.98% < 20% (prev -1.20%; Δ 0.22% < -1%)
CFO/TA 0.17 > 3% & CFO 894.6m > Net Income 762.0m
Net Debt (3.90b) to EBITDA (1.32b): 2.96 < 3
Current Ratio: 0.98 > 1.5 & < 3
Outstanding Shares: last quarter (153.8m) vs 12m ago -7.35% < -2%
Gross Margin: 31.22% > 18% (prev 61.02%; Δ -29.80% > 0.5%)
Asset Turnover: 103.3% > 50% (prev 103.7%; Δ -0.43% > 0%)
Interest Coverage Ratio: 5.77 > 6 (EBIT TTM 1.17b / Interest Expense TTM 202.4m)
Altman Z'' 0.95
A: -0.01 (Total Current Assets 2.05b - Total Current Liabilities 2.10b) / Total Assets 5.34b
B: -0.06 (Retained Earnings -302.0m / Total Assets 5.34b)
C: 0.23 (EBIT TTM 1.17b / Avg Total Assets 5.05b)
D: -0.34 (Book Value of Equity -2.74b / Total Liabilities 8.08b)
Altman-Z'' = 0.95 = BB
Beneish M -2.01
DSRI: 1.11 (Receivables 880.0m/752.0m, Revenue 5.21b/4.92b)
GMI: 1.95 (GM 61.02% / 31.22%)
AQI: 1.04 (AQ_t 0.54 / AQ_t-1 0.52)
SGI: 1.06 (Revenue 5.21b / 4.92b)
TATA: -0.02 (NI 762.0m - CFO 894.6m) / TA 5.34b)
Beneish M = -2.01 (Cap -4..+1) = BB
What is the price of IHG shares?

As of July 12, 2026, the stock is trading at USD 165.01 with a total of 299,140 shares traded. Over the past week, the price has changed by -2.90%, over one month by +2.19%, over three months by +16.63% and over the past year by +37.25%.

Current recommended Stop Loss: 160.70 (which is 2.6% or 1.4 ATR below the current price).

Is IHG a buy, sell or hold?

InterContinental Hotels has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold IHG.

  • StrongBuy: 1
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the IHG price?
Analysts Target Price 142.3 -13.7%
InterContinental Hotels (IHG) - Fundamental Data Overview as of 10 July 2026
Market Cap USD = 24.1b (24.1b USD * 1.0 USD.USD)
P/E Trailing = 33.5647
P/E Forward = 28.169
P/S = 4.6539
P/B = 25.8882
P/EG = 1.5989
Revenue TTM = 5.21b USD
EBIT TTM = 1.17b USD
EBITDA TTM = 1.32b USD
Long Term Debt = 3.72b USD (from longTermDebt, last quarter)
Short Term Debt = 506.0m USD (from shortTermDebt, last quarter)
Debt = 5.03b USD (from shortLongTermDebtTotal, last quarter) + Leases 406.0m
Net Debt = 3.90b USD (calculated: Debt 5.03b - CCE 1.13b)
Enterprise Value = 28.0b USD (24.1b + Debt 5.03b - CCE 1.13b)
Interest Coverage Ratio = 5.77 (Ebit TTM 1.17b / Interest Expense TTM 202.4m)
EV/FCF = 32.36x (Enterprise Value 28.0b / FCF TTM 866.7m)
FCF Yield = 3.09% (FCF TTM 866.7m / Enterprise Value 28.0b)
FCF Margin = 16.63% (FCF TTM 866.7m / Revenue TTM 5.21b)
Net Margin = 14.62% (Net Income TTM 762.0m / Revenue TTM 5.21b)
Gross Margin = 31.22% ((Revenue TTM 5.21b - Cost of Revenue TTM 3.58b) / Revenue TTM)
Gross Margin QoQ = 36.67% (prev 25.49%)
Tobins Q-Ratio = 5.25 (Enterprise Value 28.0b / Total Assets 5.34b)
Interest Expense / Debt = 4.03% (Interest Expense 202.4m / Debt 5.03b)
Taxrate = 29.31% (316.4m / 1.08b)
NOPAT = 825.8m (EBIT 1.17b * (1 - 29.31%))
Current Ratio = 0.98 (Total Current Assets 2.05b / Total Current Liabilities 2.10b)
 Debt / Equity = -1.83 (negative equity) (Debt 5.03b / totalStockholderEquity, last quarter -2.74b)
 Debt / EBITDA = 2.96 (Net Debt 3.90b / EBITDA 1.32b)
Debt / FCF = 4.50 (Net Debt 3.90b / FCF TTM 866.7m)
Total Stockholder Equity = -2.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.10% (Net Income 762.0m / Total Assets 5.34b)
 RoE = -30.79% (negative equity) (Net Income TTM 762.0m / Total Stockholder Equity -2.48b)
 RoCE = 93.62% (EBIT 1.17b / Capital Employed (Equity -2.48b + L.T.Debt 3.72b))
RoIC = 23.66% (NOPAT 825.8m / Invested Capital 3.49b)
WACC = 8.29% (E(24.1b)/V(29.2b) * Re(9.42%) + D(5.03b)/V(29.2b) * Rd(4.03%) * (1-Tc(0.29)))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.61 | Cagr: -6.52%
[DCF] Terminal Value 77.97% ; FCFF base≈798.0m ; Y1≈914.8m ; Y5≈1.35b
[DCF] Fair Price = 110.8 (EV 20.3b - Net Debt 3.90b = Equity 16.4b / Shares 147.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -62.45 | EPS CAGR: -10.58% | SUE: -4.0 | # QB: -1
Revenue Correlation: 98.60 | Revenue CAGR: 43.47% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=5.91 | Chg30d=-0.17% | Revisions=+50% | GrowthEPS=+17.8% | GrowthRev=+6.6%
EPS next Year (2027-12-31): EPS=6.78 | Chg30d=-0.28% | Revisions=+17% | GrowthEPS=+14.8% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: +44% (up=5, down=1)