Last 24 quarters of trend data · Consumer Cyclical · Travel Lodging
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
InterContinental Hotels Group PLC's quarterly P/E stands at 18.7x, up 44.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 18.5% YoY to 9.7x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q2 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 30.17 | 18.73 | 9.61 | 17.95 | 12.61 | 12.95 | 6.67 | 16.57 | 11.65 | 13.82 | 64.13 | — | — |
| — | +44.6% | +44.1% | +8.3% | +8.3% | -6.3% | -89.6% | — | — | -66.2% | +536.6% | — | — | |
| P/S Ratio | 4.26 | 2.03 | 1.79 | 1.93 | 1.88 | 1.94 | 1.38 | 1.57 | 1.79 | 2.18 | 3.25 | 3.35 | 2.31 |
| — | +4.4% | +30.1% | +23.4% | +4.9% | -11.0% | -57.7% | -53.2% | -22.4% | +22.2% | +78.4% | +109.7% | +17.3% | |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | 25.42 | 9.62 | 14.99 | 9.20 | 29.51 | 6.75 | 10.08 | 6.09 | 15.34 | 6.68 | 18.05 | 20.43 | — |
| — | +42.6% | +48.7% | +51.1% | +92.4% | +1.0% | -44.1% | -70.2% | — | -56.4% | -5.6% | +187.8% | — | |
| EV / EBITDA | 19.05 | 9.69 | 7.52 | 11.98 | 8.46 | 8.18 | 5.68 | 6.87 | 6.65 | 5.74 | 19.18 | 16.26 | 43.58 |
| — | +18.5% | +32.5% | +74.3% | +27.2% | +42.5% | -70.4% | -57.7% | -84.7% | -38.1% | +169.6% | +75.6% | +519.0% | |
| EV / EBIT | 21.37 | 10.78 | 7.46 | 11.01 | 9.65 | 9.43 | 6.46 | 9.25 | 8.09 | 9.70 | 25.05 | 21.75 | 443.11 |
| — | +14.4% | +15.5% | +18.9% | +19.4% | -2.8% | -74.2% | -57.5% | -98.2% | -10.5% | +215.1% | +116.1% | +5485.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
InterContinental Hotels Group PLC's operating margin was 21.5% in Q4 2025, down 4.0 pp QoQ and down 2.2 pp YoY. Gross margin contracted 46.4% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q2 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.0% | 36.7% | 25.5% | 93.4% | 24.7% | 68.4% | 27.3% | 66.2% | 28.3% | 61.0% | 21.0% | 66.3% | 9.9% |
| — | -46.4% | -6.5% | +41.1% | -12.8% | +12.1% | +29.9% | -0.1% | +187.6% | -11.0% | -32.9% | +14.6% | -75.9% | |
| Operating Margin | 23.1% | 21.5% | 25.5% | 19.8% | 22.6% | 23.8% | 25.2% | 19.9% | 25.9% | 25.9% | 15.6% | 18.8% | 0.7% |
| — | -9.4% | +1.1% | -0.4% | -12.7% | -8.2% | +61.7% | +6.1% | +3667.9% | +30.1% | -44.9% | +3.2% | -97.6% | |
| Net Margin | 14.6% | 10.8% | 18.6% | 10.8% | 14.9% | 14.9% | 20.6% | 9.5% | 15.5% | 15.9% | 5.1% | -5.7% | -24.1% |
| — | -27.5% | -9.7% | +13.2% | -3.6% | -5.8% | +305.1% | +268.7% | +164.4% | +255.0% | -71.9% | -180.4% | -256.7% |
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q2 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| ROA | 15.0% | 5.6% | 9.8% | 6.0% | 7.4% | 6.5% | 11.0% | 3.6% | 4.6% | 4.8% | 1.0% | -1.1% | -5.2% |
| — | -13.4% | -11.0% | +68.3% | +60.4% | +35.5% | +976.9% | +428.8% | +189.0% | +146.1% | -86.9% | -132.4% | -170.2% | |
| ROIC | 159.6% | 53.7% | 79.4% | 86.3% | 87.0% | 87.7% | 129.3% | 66.9% | 64.1% | 52.8% | 15.6% | 14.7% | 0.4% |
| — | -38.7% | -38.6% | +28.9% | +35.8% | +66.0% | +728.3% | +356.7% | +15010.3% | +160.4% | -58.4% | -63.9% | -98.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
InterContinental Hotels Group PLC's Debt/EBITDA ratio is 7.1x, up from 5.7x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q2 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Debt / EBITDA | 3.44 | 7.12 | 5.69 | 7.75 | 5.99 | 6.73 | 4.61 | 6.32 | 6.93 | 5.42 | 17.70 | 19.00 | 52.92 |
| — | +5.8% | +23.4% | +22.7% | -13.5% | +24.1% | -74.0% | -66.8% | -86.9% | -20.9% | +209.3% | +175.3% | +1171.6% | |
| Current Ratio | 0.98 | 0.98 | 0.79 | 0.97 | 0.85 | 0.97 | 1.04 | 1.09 | 1.35 | 1.27 | 1.46 | 1.20 | 0.76 |
| — | +0.4% | -24.1% | -10.8% | -37.3% | -23.6% | -28.9% | -9.5% | +77.3% | +88.7% | +82.5% | +19.6% | -2.5% | |
| Quick Ratio | 0.97 | 0.97 | 0.79 | 0.97 | 0.85 | 0.97 | 1.04 | 1.08 | 1.35 | 1.27 | 1.46 | 1.20 | 0.76 |
| — | +0.4% | -24.1% | -10.8% | -37.3% | -23.6% | -28.9% | -9.6% | +77.7% | +89.6% | +83.1% | +19.8% | -2.5% | |
| Interest Coverage | — | — | 7.05 | 11.47 | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 24 years · Updated daily
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InterContinental Hotels Group PLC's current P/E is 30.2x. The average P/E over the last 4 quarters is 14.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
InterContinental Hotels Group PLC's current operating margin is 23.1%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking InterContinental Hotels Group PLC's business trajectory between earnings reports.