Intercontinental Hotels (IHG) Change in Working Capital (2009 - 2025)

Intercontinental Hotels (IHG) has reported Change in Working Capital for 16 consecutive years, with -$76.0 million the latest figure, recorded in Q4 2025.

• Quarterly Change in Working Capital rose 49.67% year-over-year to -$76.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$299.0 million (down 27.23% YoY) and the FY2025 annual result came in at -$76.0 million, up 49.67% from the prior year.
• Change in Working Capital rose to -$76.0 million in Q4 2025 per IHG's latest filing, from -$151.0 million in the prior quarter.
• Over the last five years, Change in Working Capital for IHG reached as high as -$12.0 million in Q4 2021 and fell as low as -$151.0 million in Q4 2024.
• A 5-year average of -$62.2 million and a median of -$43.0 million in 2022 frame the typical range for Change in Working Capital.
• Annual changes were most pronounced in 2021 — Change in Working Capital jumped 88.12% — and 2024, when it sank 420.69%.
• Year by year, Change in Working Capital stood at -$12.0 million in 2021, then sank by 258.33% to -$43.0 million in 2022, then surged by 32.56% to -$29.0 million in 2023, then plunged by 420.69% to -$151.0 million in 2024, then jumped by 49.67% to -$76.0 million in 2025.
• According to Business Quant data, Change in Working Capital over the past three periods registered -$76.0 million, -$151.0 million, and -$29.0 million for Q4 2025, Q4 2024, and Q4 2023 respectively.