InterContinental Hotels Group PLC ADR
NYSE: IHG · CONSUMER CYCLICAL · LODGING
Updated 2026-06-05
InterContinental Hotels Group PLC ADR (IHG) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $1.54B | $793.48M | 54.83% | 28.88% | 51.53% |
| 2007 | $1.75B | $458.11M | 53.45% | 30.24% | 26.16% |
| 2008 | $1.85B | $262.00M | 55.61% | 21.74% | 14.13% |
| 2009 | $1.54B | $214.00M | 44.08% | -0.65% | 13.91% |
| 2010 | $1.63B | $293.00M | 53.75% | 28.19% | 18.00% |
| 2011 | $1.77B | $460.00M | 56.39% | 33.60% | 26.02% |
| 2012 | $1.83B | $544.00M | 57.93% | 33.24% | 29.65% |
| 2013 | $1.90B | $372.00M | 58.80% | 35.37% | 19.55% |
| 2014 | $1.86B | $391.00M | 60.12% | 36.60% | 21.04% |
| 2015 | $1.80B | $1.22B | 64.50% | 83.14% | 67.78% |
| 2016 | $1.72B | $414.00M | 66.18% | 39.53% | 24.14% |
| 2017 | $4.08B | $540.00M | 27.61% | 17.87% | 13.25% |
| 2018 | $4.34B | $351.00M | 24.93% | 13.05% | 8.09% |
| 2019 | $4.63B | $385.00M | 26.89% | 13.62% | 8.32% |
| 2020 | $2.39B | $-260.00M | 22.39% | 6.89% | -10.86% |
| 2021 | $2.91B | $266.00M | 30.72% | 16.99% | 9.15% |
| 2022 | $3.89B | $375.00M | 28.01% | 16.14% | 9.64% |
| 2023 | $3.73B | $750.00M | 52.01% | 28.59% | 20.12% |
| 2024 | $4.92B | $628.00M | 29.56% | 21.15% | 12.76% |
| 2025 | $5.19B | $758.00M | 31.95% | 23.09% | 14.61% |
Frequently asked questions
What is InterContinental Hotels Group PLC ADR's revenue?
InterContinental Hotels Group PLC ADR's trailing twelve-month revenue is $5.19B, and consensus projects about $7.39B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is IHG?
In its most recent fiscal year, IHG ran a gross margin of 31.95%, an operating margin of 23.09%, and a net margin of 14.61%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does IHG generate?
IHG produced $870.00M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is IHG's balance sheet healthy?
IHG holds $1.13B in cash and equivalents against $3.72B in long-term debt, on $-2.74B of shareholder equity. That debt is best read against the cash flow the business throws off each year.