International Consolidated Airlines Group, S.a annual net debt
2021
2022
2023
2024
2025
International Consolidated Airlines Group, S.a Net Debt Growth & History (IAG)
International Consolidated Airlines Group, S.a's net debt was €6.85B for fiscal 2025.
View full International Consolidated Airlines Group, S.a company overviewInternational Consolidated Airlines Group, S.a annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €6.85B | −€2.31B | −25.23% |
| 2024 | 2024-12-31 | €9.16B | −€1.49B | −13.96% |
| 2023 | 2023-12-31 | €10.64B | −€147.0M | −1.36% |
| 2022 | 2022-12-31 | €10.79B | −€930.0M | −7.94% |
| 2021 | 2021-12-31 | €11.72B | — | — |
International Consolidated Airlines Group, S.a quarterly net debt
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €5.12B | −€1.96B | −27.72% |
| Q4 2025 | 2025-12-31 | €6.85B | −€2.31B | −25.23% |
| Q2 2025 | 2025-06-30 | €7.08B | — | — |
| Q4 2024 | 2024-12-31 | €9.16B | — | — |
International Consolidated Airlines Group, S.a net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, International Consolidated Airlines Group, S.a's net debt decreased from €11.72B to €6.85B, a change of −€4.87B. The latest reported quarter, Q2 2026, shows €5.12B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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