Overview Dividends

(IHG) InterContinental Hotels - Ratings and Ratios

Exchange: NYSE • Country: United Kingdom • Currency: USD • Type: Common Stock • ISIN: US45857P8068

Hotels, Resorts, Franchising, Loyalty Program

Hotels, Resorts & Cruise Lines
Market Cap in USD: 21,602m

IPO / Inception: 2003-04-10
Return 12m vs S&P 500: 0.04%

EPS (Earnings per Share)

EPS CAGR: -11.39%
EPS Trend: 16.8%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 32.51%
Rev. Trend: 78.5%

Qual. Beats: 0

Dividends

Dividend Yield	2.00%
Yield on Cost 5y	4.95%
Yield CAGR 5y	16.31%
Payout Consistency	68.3%
Payout Ratio	55.5%

Risk via 5d forecast
Volatility	20.6%
Value at Risk 5%th	32.5%
Relative Tail Risk	-4.16%

Reward TTM
Sharpe Ratio	0.55
Alpha	1.87
CAGR/Max DD	1.36

Character TTM
Hurst Exponent	0.447
Beta	0.770
Beta Downside	0.654

Drawdowns 3y
Max DD	28.13%
Mean DD	5.93%
Median DD	4.86%

Description: IHG InterContinental Hotels December 19, 2025

InterContinental Hotels Group PLC (NYSE: IHG) owns, manages, franchises, and leases a portfolio of hotel properties across the United Kingdom, United States, and more than 100 other countries, operating under 19 distinct brands ranging from luxury (Six Senses, Regent) to mid-scale (Holiday Inn, Holiday Inn Express) and extended-stay concepts (Staybridge Suites, Candlewood Suites). The company also runs the IHG Rewards loyalty program, which tracks over 120 million members worldwide.

Key performance indicators from the most recent fiscal year (FY 2023) show a 12% year-over-year increase in revenue per available room (RevPAR) to $115, while occupancy rose to 71% and average daily rate (ADR) grew 8% to $162, reflecting a rebound in both business-travel and leisure demand. The loyalty program added roughly 5 million new members in 2023, a metric that historically correlates with a 0.5-1.0% lift in RevPAR per 10 million members. Primary economic drivers include global discretionary travel spending, which the World Travel & Tourism Council projects to grow 4.5% annually through 2028, and inflation-adjusted labor costs that remain a headwind for operating margins.

Given the mix of brand diversification and a strong loyalty base, IHG’s upside potential hinges on the pace of new hotel openings (the pipeline is ~1,200 rooms for FY 2024) and the ability to convert loyalty members into repeat bookings; monitoring these variables will be essential for any valuation model. For a deeper, data-driven dive into IHG’s fundamentals, you may find ValueRay’s analytical toolkit useful.

Piotroski VR‑10 (Strict, 0-10) 9.0

Net Income (1.39b TTM) > 0 and > 6% of Revenue (6% = 564.7m TTM)

FCFTA 0.32 (>2.0%) and ΔFCFTA 7.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -4.69% (prev -1.06%; Δ -3.63pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.33 (>3.0%) and CFO 1.62b > Net Income 1.39b (YES >=105%, WARN >=100%)

Net Debt (3.49b) to EBITDA (2.41b) ratio: 1.45 <= 3.0 (WARN <= 3.5)

Current Ratio 0.79 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (157.8m) change vs 12m ago -4.94% (target <= -2.0% for YES)

Gross Margin 52.95% (prev 46.55%; Δ 6.40pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 193.0% (prev 119.6%; Δ 73.45pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 8.04 (EBITDA TTM 2.41b / Interest Expense TTM 277.3m) >= 6 (WARN >= 3)

Altman Z'' 1.97

(A) -0.09 = (Total Current Assets 1.66b - Total Current Liabilities 2.10b) / Total Assets 4.94b

(B) -0.05 = Retained Earnings (Balance) -224.0m / Total Assets 4.94b

(D) -0.35 = Book Value of Equity -2.64b / Total Liabilities 7.58b

Total Rating: 1.97 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 76.52

1. Piotroski 9.0pt

2. FCF Yield 6.22%

3. FCF Margin 16.57%

4. Debt/Equity -1.55

5. Debt/Ebitda 1.45

6. ROIC - WACC (= 150.9)%

7. RoE -61.12%

8. Rev. Trend 78.52%

9. EPS Trend 16.79%

What is the price of IHG shares?

As of December 28, 2025, the stock is trading at USD 143.41 with a total of 95,651 shares traded.
Over the past week, the price has changed by +0.39%, over one month by +5.72%, over three months by +16.38% and over the past year by +16.19%.

Is IHG a buy, sell or hold?

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

Strong Buy: 1
Buy: 1
Hold: 2
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the IHG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	127	-11.4%
Analysts Target Price	127	-11.4%
ValueRay Target Price	185.5	29.4%

IHG Fundamental Data Overview December 24, 2025

Market Cap USD = 21.60b (21.60b USD * 1.0 USD.USD)
P/E Trailing = 30.3856
P/E Forward = 24.7525
P/S = 4.2191
P/EG = 1.1265
Beta = 0.698
Revenue TTM = 9.41b USD
EBIT TTM = 2.23b USD
EBITDA TTM = 2.41b USD
Long Term Debt = 3.25b USD (from longTermDebt, last quarter)
Short Term Debt = 474.0m USD (from shortTermDebt, last quarter)
Debt = 4.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.49b USD (from netDebt column, last quarter)
Enterprise Value = 25.09b USD (21.60b + Debt 4.10b - CCE 611.0m)
Interest Coverage Ratio = 8.04 (Ebit TTM 2.23b / Interest Expense TTM 277.3m)
FCF Yield = 6.22% (FCF TTM 1.56b / Enterprise Value 25.09b)
FCF Margin = 16.57% (FCF TTM 1.56b / Revenue TTM 9.41b)
Net Margin = 14.79% (Net Income TTM 1.39b / Revenue TTM 9.41b)
Gross Margin = 52.95% ((Revenue TTM 9.41b - Cost of Revenue TTM 4.43b) / Revenue TTM)
Gross Margin QoQ = 25.49% (prev 93.43%)
Tobins Q-Ratio = 5.08 (Enterprise Value 25.09b / Total Assets 4.94b)
Interest Expense / Debt = 2.24% (Interest Expense 91.8m / Debt 4.10b)
Taxrate = 25.91% (165.4m / 638.4m)
NOPAT = 1.65b (EBIT 2.23b * (1 - 25.91%))
Current Ratio = 0.79 (Total Current Assets 1.66b / Total Current Liabilities 2.10b)
Debt / Equity = -1.55 (negative equity) (Debt 4.10b / totalStockholderEquity, last quarter -2.64b)
Debt / EBITDA = 1.45 (Net Debt 3.49b / EBITDA 2.41b)
Debt / FCF = 2.24 (Net Debt 3.49b / FCF TTM 1.56b)
Total Stockholder Equity = -2.28b (last 4 quarters mean from totalStockholderEquity)
RoA = 28.19% (Net Income 1.39b / Total Assets 4.94b)
RoE = -61.12% (negative equity) (Net Income TTM 1.39b / Total Stockholder Equity -2.28b)
RoCE = 229.6% (EBIT 2.23b / Capital Employed (Equity -2.28b + L.T.Debt 3.25b))
RoIC = 158.6% (NOPAT 1.65b / Invested Capital 1.04b)
WACC = 7.70% (E(21.60b)/V(25.70b) * Re(8.85%) + D(4.10b)/V(25.70b) * Rd(2.24%) * (1-Tc(0.26)))
Discount Rate = 8.85% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.50%
[DCF Debug] Terminal Value 78.87% ; FCFE base≈1.40b ; Y1≈1.73b ; Y5≈2.95b
Fair Price DCF = 286.2 (DCF Value 43.11b / Shares Outstanding 150.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 16.79 | EPS CAGR: -11.39% | SUE: -4.0 | # QB: 0
Revenue Correlation: 78.52 | Revenue CAGR: 32.51% | SUE: N/A | # QB: 0
EPS next Year (2026-12-31): EPS=6.01 | Chg30d=-0.004 | Revisions Net=-1 | Growth EPS=+21.7% | Growth Revenue=+6.2%

Additional Sources for IHG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle