Intercontinental Hotels Group Debt-to-EBITDA Ratio Growth & History (IHG)
Intercontinental Hotels Group's debt-to-ebitda ratio was 3.64 for fiscal 2025.
View full Intercontinental Hotels Group company overviewIntercontinental Hotels Group annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.64 | 0.31 | +9.22% |
| 2024 | 2024-12-31 | 3.33 | 0.16 | +5.18% |
| 2023 | 2023-12-31 | 3.17 | −0.89 | −21.84% |
| 2022 | 2022-12-31 | 4.06 | −1.46 | −26.43% |
| 2021 | 2021-12-31 | 5.51 | — | — |
| 2019 | 2019-12-31 | 3.79 | −0.06 | −1.66% |
| 2018 | 2018-12-31 | 3.85 | 0.75 | +24.29% |
| 2017 | 2017-12-31 | 3.10 | 0.92 | +42.42% |
| 2016 | 2016-12-31 | 2.18 | — | — |
Intercontinental Hotels Group debt-to-ebitda ratio trends
Between the periods ended 2016-12-31 and 2025-12-31, Intercontinental Hotels Group's debt-to-ebitda ratio increased from 2.18 to 3.64, a change of 1.47.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Intercontinental Hotels Group source filings ↗