IHG Stock Analysis: InterContinental Hotels | NYSE

Lodging | NYSE, USA | Market Cap: 23.620m USD | 12M Return: 26.7% | US45857P8068 | Charts, Fundamentals & Technical Analysis

Hotels, Loyalty Program, Resorts, Franchising
Total Rating 50
Safety 38
Buy Signal 0.16
Lodging
Industry Rotation: +4.2
Market Cap: 23.6B
Avg Turnover: 33.3M
Risk 3d forecast
Volatility26.8%
VaR 5th Pctl4.57%
VaR vs Median3.63%
Reward TTM
Sharpe Ratio0.90
Rel. Str. IBD56.5
Rel. Str. Peer Group73.2
Character TTM
Beta0.799
Beta Downside0.695
Hurst Exponent0.501
Drawdowns 3y
Max DD28.13%
CAGR/Max DD1.01
CAGR/Mean DD4.44
EPS (Earnings per Share) EPS (Earnings per Share) of IHG over the last years for every Quarter: "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, "2026-06": null,
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: 2021-09: 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, 2026-06: 2659,
Rev. CAGR: 44.45%
Rev. Trend: 98.7%
Qual. Beats: 0

Warnings

Altman Z'' In Financial Distress Zone

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +0.4% 19
Feb +0.6% 7
Mar -4.7% 23
Apr +0.1% 5
May -1.3% 19
Jun -0.6% 15
Jul +0.4% 17
Aug -1.7% 26
Sep -2.2% 27
Oct -2.6% 29
Nov +6.1% 59
Dec +3.6% 43

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: 714.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.17 > 0.02 and ΔFCF/TA 0.15 > 1.0
NWC/Revenue: -17.79% < 20% (prev -8.58%; Δ -9.21% < -1%)
CFO/TA 0.18 > 3% & CFO 935.0m > Net Income 714.0m
Net Debt (4.13b) to EBITDA (1.25b): 3.31 < 3
Current Ratio: 0.66 > 1.5 & < 3
Outstanding Shares: last quarter (151.1m) vs 12m ago -8.37% < -2%
Gross Margin: 31.77% > 18% (prev 59.85%; Δ -28.09% > 0.5%)
Asset Turnover: 104.8% > 50% (prev 104.1%; Δ 0.72% > 0%)
Interest Coverage Ratio: 5.64 > 6 (EBIT TTM 1.11b / Interest Expense TTM 196.6m)
Altman Z'' -0.49
A: -0.18 (Total Current Assets 1.88b - Total Current Liabilities 2.82b) / Total Assets 5.23b
B: -0.12 (Retained Earnings -620.0m / Total Assets 5.23b)
C: 0.22 (EBIT TTM 1.11b / Avg Total Assets 5.08b)
D: -0.36 (Book Value of Equity -2.98b / Total Liabilities 8.20b)
Altman-Z'' = -0.49 = B
Beneish M -2.28
DSRI: 0.93 (Receivables 993.0m/1.03b, Revenue 5.33b/5.14b)
GMI: 1.88 (GM 59.85% / 31.77%)
AQI: 0.98 (AQ_t 0.57 / AQ_t-1 0.58)
SGI: 1.04 (Revenue 5.33b / 5.14b)
TATA: -0.04 (NI 714.0m - CFO 935.0m) / TA 5.23b)
Beneish M = -2.28 (Cap -4..+1) = BBB
What is the price of IHG shares?

As of September 10, 2026, the stock is trading at USD 154.72 with a total of 115,568 shares traded. Over the past week, the price has changed by -0.35%, over one month by -0.18%, over three months by -4.68% and over the past year by +26.72%.

Current recommended Stop Loss: 150.30 (which is 2.9% or 1.3 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 146.8 -5.1%
InterContinental Hotels (IHG) - Fundamental Data Overview as of 05 September 2026
Market Cap USD = 23.6b (23.6b USD * 1.0 USD.USD)
P/E Trailing = 34.1338
P/E Forward = 22.1729
P/S = 4.4324
P/B = 25.8882
P/EG = 1.2587
Revenue TTM = 5.33b USD
EBIT TTM = 1.11b USD
EBITDA TTM = 1.25b USD
Long Term Debt = 3.72b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.08b USD (from shortTermDebt, last quarter)
Debt = 4.96b USD (from shortLongTermDebtTotal, last quarter) + Leases 406.0m
Net Debt = 4.13b USD (calculated: Debt 4.96b - CCE 831.0m)
Enterprise Value = 27.7b USD (23.6b + Debt 4.96b - CCE 831.0m)
Interest Coverage Ratio = 5.64 (Ebit TTM 1.11b / Interest Expense TTM 196.6m)
EV/FCF = 30.55x (Enterprise Value 27.7b / FCF TTM 908.2m)
FCF Yield = 3.27% (FCF TTM 908.2m / Enterprise Value 27.7b)
FCF Margin = 17.04% (FCF TTM 908.2m / Revenue TTM 5.33b)
Net Margin = 13.40% (Net Income TTM 714.0m / Revenue TTM 5.33b)
Gross Margin = 31.77% ((Revenue TTM 5.33b - Cost of Revenue TTM 3.64b) / Revenue TTM)
Gross Margin QoQ = 26.85% (prev 36.67%)
Tobins Q-Ratio = 5.31 (Enterprise Value 27.7b / Total Assets 5.23b)
Interest Expense / Debt = 3.97% (Interest Expense 196.6m / Debt 4.96b)
Taxrate = 29.83% (304.0m / 1.02b)
NOPAT = 778.2m (EBIT 1.11b * (1 - 29.83%))
Current Ratio = 0.66 (Total Current Assets 1.88b / Total Current Liabilities 2.82b)
 Debt / Equity = -1.66 (negative equity) (Debt 4.96b / totalStockholderEquity, last quarter -2.98b)
 Debt / EBITDA = 3.31 (Net Debt 4.13b / EBITDA 1.25b)
Debt / FCF = 4.54 (Net Debt 4.13b / FCF TTM 908.2m)
Total Stockholder Equity = -2.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.05% (Net Income 714.0m / Total Assets 5.23b)
 RoE = -26.75% (negative equity) (Net Income TTM 714.0m / Total Stockholder Equity -2.67b)
 RoCE = 105.2% (EBIT 1.11b / Capital Employed (Equity -2.67b + L.T.Debt 3.72b))
RoIC = 24.20% (NOPAT 778.2m / Invested Capital 3.22b)
WACC = 7.75% (E(23.6b)/V(28.6b) * Re(8.79%) + D(4.96b)/V(28.6b) * Rd(3.97%) * (1-Tc(0.30)))
Discount Rate = 8.79% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.67 | Cagr: -7.25%
[DCF] Terminal Value 76.29% ; FCFF base≈885.1m ; Y1≈938.6m ; Y5≈1.11b
[DCF] Fair Price = 88.00 (EV 17.1b - Net Debt 4.13b = Equity 12.9b / Shares 146.9m; r=8.35% [WACC [floored]]; 5y FCF grow 6.77% → 2.50% )
EPS Correlation: -62.45 | EPS CAGR: -10.58% | SUE: -4.0 | # QB: -1
Revenue Correlation: 98.74 | Revenue CAGR: 44.45% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=6.03 | Chg30d=+2.17% | Revisions=-25% | GrowthEPS=+20.4% | GrowthRev=+6.5%
EPS next Year (2027-12-31): EPS=6.88 | Chg30d=+1.39% | Revisions=-25% | GrowthEPS=+14.0% | GrowthRev=+5.7%
[Analyst] Revisions Ratio: -40% (up=0, down=2)