InterContinental Hotels Group PLC (IHG) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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IHG Revenue Growth
Revenue Breakdown (FY 2020)
IHG's revenue distribution by segment and geography for fiscal year 2020
By Product/Segment
By Geography
IHG Revenue Analysis (2014–2025)
As of May 7, 2026, InterContinental Hotels Group PLC (IHG) generated trailing twelve-month (TTM) revenue of $10.13 billion, reflecting modest growth of +2.7% year-over-year. The most recent quarter (Q4 2025) recorded $2.67 billion in revenue, up 5.1% sequentially.
Looking at the longer-term picture, IHG's 5-year compound annual growth rate (CAGR) stands at +16.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $5.19 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows IHG's business is primarily driven by Loyalty Programme (83%), Other (10%), and Application and re-licensing fees (5%). With over half of revenue concentrated in Loyalty Programme, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including MAR (-14.4% YoY), HLT (+8.7% YoY), and H (+93.6% YoY), IHG has underperformed the peer group in terms of revenue growth. Compare IHG vs MAR →
IHG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| IHGCurrent | $10.1B | +2.7% | +16.7% | 23.1% | |
 MAR | $26.2B | -14.4% | +19.9% | 15.8% | |
 HLT | $12.0B | +8.7% | +22.8% | 22.4% | |
 H | $7.2B | +93.6% | +55.8% | 7.8% | |
 WH | $1.4B | +1.6% | +1.9% | 28.4% | |
 CHH | $1.6B | +1.2% | +15.6% | 28.4% |
IHG Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.19B | +5.4% | $1.66B | 32.0% | $1.20B | 23.1% |
| 2024 | $4.92B | +32.1% | $1.46B | 29.6% | $1.04B | 21.1% |
| 2023 | $3.73B | -4.2% | $1.94B | 52.0% | $1.07B | 28.6% |
| 2022 | $3.89B | +33.9% | $1.09B | 28.0% | $628.0M | 16.1% |
| 2021 | $2.91B | +21.4% | $893.0M | 30.7% | $494.0M | 17.0% |
| 2020 | $2.39B | -48.3% | $536.0M | 22.4% | $165.0M | 6.9% |
| 2019 | $4.63B | +6.7% | $1.24B | 26.9% | $630.0M | 13.6% |
| 2018 | $4.34B | +6.4% | $1.08B | 24.9% | $566.0M | 13.1% |
| 2017 | $4.08B | +137.6% | $1.13B | 27.6% | $728.0M | 17.9% |
| 2016 | $1.72B | -4.9% | $1.14B | 66.2% | $678.0M | 39.5% |
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Start ComparisonIHG — Frequently Asked Questions
Quick answers to the most common questions about buying IHG stock.
Is IHG's revenue growth accelerating or slowing?
IHG revenue growth slowed to +2.7%, below the 5-year CAGR of +16.7%. TTM revenue is $10.1B. The deceleration marks a shift from historical growth rates.
What is IHG's long-term revenue growth rate?
InterContinental Hotels Group PLC's 5-year revenue CAGR of +16.7% reflects the variable expansion pattern. Current YoY growth of +2.7% is near this long-term average.
How is IHG's revenue distributed by segment?
IHG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.