Intercontinental Hotels Group annual net debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Intercontinental Hotels Group Net Debt Growth & History (IHG)
Intercontinental Hotels Group's net debt was $3.48B for fiscal 2025.
View full Intercontinental Hotels Group company overviewIntercontinental Hotels Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.48B | $798.0M | +29.78% |
| 2024 | 2024-12-31 | $2.68B | $410.0M | +18.06% |
| 2023 | 2023-12-31 | $2.27B | $423.0M | +22.90% |
| 2022 | 2022-12-31 | $1.85B | $33.0M | +1.82% |
| 2021 | 2021-12-31 | $1.81B | −$728.0M | −28.64% |
| 2020 | 2020-12-31 | $2.54B | −$88.0M | −3.35% |
| 2019 | 2019-12-31 | $2.63B | $650.0M | +32.83% |
| 2018 | 2018-12-31 | $1.98B | −$504.0M | −20.29% |
| 2017 | 2017-12-31 | $2.48B | $978.0M | +64.94% |
| 2016 | 2016-12-31 | $1.51B | — | — |
Intercontinental Hotels Group quarterly net debt
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.72B | — | — |
| Q4 2025 | 2025-12-31 | $3.48B | $798.0M | +29.78% |
| Q4 2024 | 2024-12-31 | $2.68B | $410.0M | +18.06% |
| Q4 2023 | 2023-12-31 | $2.27B | $423.0M | +22.90% |
| Q4 2022 | 2022-12-31 | $1.85B | $33.0M | +1.82% |
| Q4 2021 | 2021-12-31 | $1.81B | −$728.0M | −28.64% |
| Q4 2020 | 2020-12-31 | $2.54B | −$88.0M | −3.35% |
| Q4 2019 | 2019-12-31 | $2.63B | $650.0M | +32.83% |
| Q4 2018 | 2018-12-31 | $1.98B | −$504.0M | −20.29% |
| Q4 2017 | 2017-12-31 | $2.48B | — | — |
Intercontinental Hotels Group net debt trends
Over the last five fiscal years, Intercontinental Hotels Group's net debt increased from $2.54B to $3.48B, a change of $936.0M. The latest reported quarter, Q2 2026, shows $3.72B.
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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