IHG vs CCL Stock Comparison

Intercontinental Hotels and Carnival Prices as of Oct 23, 2026 Peers: Industry group
CCL Carnival Corp Ltd.
$26.11 +19.8% 1M -11.3% 1Y
Market cap
$36.56B
P/E
11.7x
Revenue (TTM)
$27.59B
Div. yield
–
Cruise Lines Consumer Discretionary
2 wins

Head to Head

5 decided of 12

Intercontinental Hotels leads on 3 of the 12 questions below (Intercontinental Hotels 3, Carnival 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIHGCCLLeader
Larger companyMarket capitalisation $25.83B $36.56B CCL
Cheaper on earningsLower P/E, profitable companies only — 11.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.4x 12.2x CCL
Faster revenue growthRevenue growth, trailing twelve months — +5.2% –
More profitableNet margin, trailing twelve months — 11.4% –
Better return on capitalReturn on invested capital — 11.5% –
Less leveragedLower net debt / EBITDA — 3.1x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +32.5% -11.3% IHG
Better 5-year returnAnnualised price return, 5 years +19.1%/yr +3.2%/yr IHG
Less volatileAnnualised volatility, 1 year 24.8% 49.2% IHG
Higher overall scoreMean of the five percentile scores vs peers — 67/100 –

Percentile Scorecard

IHGCCL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIHGCCL
Valuation – 86 #5 of 29
Growth – 76 #7 of 26
Profitability – 76 #7 of 26
Financial Health – 57 #14 of 31
Shareholder Returns 26 #15 of 20 42 #12 of 20
Overall – 67
  • IHG ranked among 32 companies in Travel and Lodging
  • CCL ranked among 32 companies in Travel and Lodging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIHGCCLSPY
1 month +3.8%+19.8% -1.0%
3 months +3.9%-0.9% +2.9%
6 months +11.0%-3.9% +6.4%
Year to date +15.3%-14.5% +11.4%
1 year +32.5%-11.3% +13.1%
3 years +125.2%+128.0% +79.4%
3 years, per year +31.1%+31.6% +21.5%
5 years +139.5%+17.1% +67.7%
5 years, per year +19.1%+3.2% +10.9%
10 years +275.3%-44.1% +255.2%
10 years, per year +14.1%-5.7% +13.5%

Risk

MeasureIHGCCLSPY
Volatility, 1Y 24.8%49.2% 12.7%
Downside volatility, 1Y 22.5%44.7% 12.7%
Beta vs S&P 500, 1Y 0.682.11 1.00
Return / volatility, 1Y 1.31-0.23 1.03
Max drawdown, 5Y -35.2%-74.3% -25.4%
From 52-week high -6.8%-23.2% -2.5%
52-week high $174.13$33.99 $779.14
52-week low $121.46$21.80 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIHGCCL
P/E now vs peer median —median 18.8x 11.3xmedian 18.8x
P/S now vs peer median —median 1.5x 1.3xmedian 1.5x
EV/EBITDA now vs peer median —median 15.0x 7.8xmedian 15.0x
P/FCF now vs peer median —median 16.0x 11.1xmedian 16.0x
P/B now vs peer median -9.0xmedian 2.5x 2.5xmedian 2.5x
PEG now vs peer median —median 0.37 0.19median 0.37

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIHGCCL
Revenue – $27.59B
Operating income – $4.41B
Net income – $3.14B
Free cash flow – $3.18B
EPS (diluted) – $2.29
Cash & equivalents $825.00M $1.22B
Total debt -$1.05B $23.91B
Shares (diluted) 155.80M 1.37B
Enterprise value $21.80B $29.75B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIHGCCL
P/E – 11.3x
P/FCF – 11.1x
P/Operating cash flow – 5.1x
P/S – 1.3x
P/B -9.0x 2.5x
P/Tangible book -9.0x 2.7x
EV/EBITDA – 7.8x
EV/EBIT – 13.1x
EV/Revenue – 2.1x
EV/FCF – 18.2x
EV/Operating cash flow – 8.5x
PEG (3Y EPS CAGR) – 0.19

Growth

14 metrics
MetricIHGCCL
Revenue growth (1Y) – 5.2%
Revenue CAGR (3Y) – 11.3%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – 2.4%
Operating income CAGR (3Y) – 116.1%
Net income growth (1Y) – 18.5%
Net income CAGR (3Y) – 57.8%
EPS growth (1Y) – 21.7%
EPS CAGR (3Y) – 58.4%
Operating cash flow growth (1Y) – 21.6%
Operating cash flow CAGR (3Y) – 28.1%
Free cash flow growth (1Y) – 9.0%
Free cash flow CAGR (3Y) – 98.3%

Profitability

14 metrics
MetricIHGCCL
Gross margin – –
EBITDA margin – 26.9%
Operating margin – 16.0%
Pretax margin – 11.5%
Net margin – 11.4%
FCF margin – 11.5%
Operating cash flow margin – 24.7%
Return on equity – 23.1%
Return on assets – 6.1%
Return on invested capital – 11.5%
Return on capital employed – 11.3%
Asset turnover – 0.5x
Cash conversion (OCF / net income) – 2.2x
Stock comp / revenue – 0.4%

Financial Health

11 metrics
MetricIHGCCL
Debt / assets -20.0% 46.9%
Debt / equity 0.4x 1.7x
Net debt / EBITDA – 3.1x
Debt / FCF – 7.5x
Liabilities / assets 157.0% 72.1%
Equity / assets -57.0% 27.9%
Interest coverage – 3.8x
Current ratio -0.7x 0.3x
Quick ratio -1.0x 0.2x
Cash ratio -0.4x 0.1x
Altman Z-score – 1.37

Shareholder Returns

7 metrics
MetricIHGCCL
Dividend yield 1.2% 1.7%
Net buyback yield – 1.6%
Shareholder yield 1.2% 3.3%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIHGCCL
Forward P/E 27.4xFY2026 12.2xFY2026
EPS, next fiscal year $5.93FY2026 $2.14FY2026
EPS growth, next FY +18.4%FY2026 -4.9%FY2026
EPS growth, the year after +13.7% +16.4%
Revenue, next fiscal year $5.23BFY2026 $29.26BFY2026
Revenue growth, next FY +0.7%FY2026 +9.9%FY2026
Revenue growth, the year after +17.3% -4.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIHGCCL
Held by institutions 10.8% 69.1%
Institutions holding 319 1,030
Change in shares held, QoQ +11.2% +9.5%
Institutions buying 188 993
Institutions selling 76 13
Buyers to sellers 2.47 76.38

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IHGCCL
IHG 1.00 0.55
CCL 0.55 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IHG and CCL?

Carnival (CCL) is the largest by market capitalisation: Intercontinental Hotels (IHG) $25.83B, Carnival (CCL) $36.56B.

Which stock has performed better?

Over the past year Intercontinental Hotels (IHG) returned the most: Intercontinental Hotels (IHG) +32.5%, Carnival (CCL) -11.3%. Over five years, Intercontinental Hotels (IHG) compounded fastest (Intercontinental Hotels (IHG) +19.1%/yr, Carnival (CCL) +3.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Intercontinental Hotels (IHG) has been the steadiest (Intercontinental Hotels (IHG) 24.8%, Carnival (CCL) 49.2%). Volatility measures how widely the price swings, not the risk of the business.

Do IHG and CCL move together?

Their daily returns over the past year have a correlation of 0.55, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, IHG and CCL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Intercontinental Hotels (IHG) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.