IHGInterContinental Hotels Group PLC
Is the business good?
The checks split: nothing decisive, though earnings fully cash-backed (1.1×).
Operating profit is fully backed by cash.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is IHG?
InterContinental Hotels Group PLC keeps 23% of every revenue dollar as operating profit, against 23% for the median Lodging name.
Operating margin · Lodging median 23% · fiscal year to FY2025
- Cash conversion
- 1.06×
Cash conversion · 0.99× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- −4.4%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 85%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −6.4% |
| FY2021 | 17% |
| FY2022 | 16% |
| FY2023 | 23% |
| FY2024 | 21% |
| FY2025 | 23% |
Details›
- Gross marginfiscal year to FY2025
- 85%
- Operating marginfiscal year to FY2025
- 23%
- Net marginfiscal year to FY2025
- 15%
- Free cash flow margin
- 17%
- Revenue, trailing twelve months
- $5.19B
- Free cash flow, trailing twelve months
- $870M
- Net income, trailing twelve months
- $758M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.