Intercontinental Hotels (IHG) Operating Leases (2017 - 2025)

Intercontinental Hotels (IHG) posted Operating Leases of $406.0 million for Q4 2025, up 207.12% sequentially from -$379.0 million in Q2 2025, and down 1.93% YoY from $414.0 million in Q4 2024.

Intercontinental Hotels (IHG) Operating Leases (2017 - 2025) Analysis & Trends

Intercontinental Hotels has reported Operating Leases for 9 years, with the latest figure at $406.0 million in Q4 2025.

  • Quarterly Operating Leases fell 1.93% year-over-year to $406.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $406.0 million (down 1.93% YoY) and the FY2025 annual result came in at $406.0 million, down 1.93% from the prior year.
  • Operating Leases rose to $406.0 million in Q4 2025 per IHG's latest filing, from -$379.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $426.0 million in Q4 2023 and troughed at -$402.0 million in Q2 2022.
  • A 5-year average of $53.7 million and a median of $401.0 million in 2022 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2021 and 2022: Operating Leases increased 20.44% in 2021, then declined 4.3% in 2022.
  • Over 5 years, Operating Leases stood at $419.0 million in 2021, then retreated by 4.3% to $401.0 million in 2022, then advanced by 6.23% to $426.0 million in 2023, then slipped by 2.82% to $414.0 million in 2024, then slipped by 1.93% to $406.0 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods registered $406.0 million, -$379.0 million, and $414.0 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marriott International 93.02 Bn 92.56 Bn 1.97 Bn
2 Hilton Worldwide Holdings 73.87 Bn 72.89 Bn 3.08 Bn
3 Hyatt Hotels 17.07 Bn 16.78 Bn 809.00 Mn
4 H World 12.87 Bn 11.09 Bn 337.97 Mn
5 Atour Lifestyle Holdings 8.56 Bn -826.02 Bn 242.81 Mn
6 Wyndham Hotels & Resorts 5.47 Bn 5.40 Bn 349.00 Mn
7 Choice Hotels International 4.72 Bn 4.68 Bn 243.10 Mn
8 Civeo 364.78 Mn 344.17 Mn 41.41 Mn
9 Intercontinental Hotels 115.49 Mn -4.73 Bn -
10 GreenTree Hospitality 112.00 Mn 4,368.01 Bn 32.55 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 406.00 Mn
Jun 30, 2025 -379.00 Mn
Dec 31, 2024 414.00 Mn
Dec 31, 2023 426.00 Mn
Jun 30, 2023 -401.00 Mn
Dec 31, 2022 401.00 Mn
Jun 30, 2022 -402.00 Mn
Dec 31, 2021 419.00 Mn
Jun 30, 2021 -401.00 Mn
Dec 31, 2020 416.00 Mn
Jun 30, 2020 -504.00 Mn
Dec 31, 2019 660.00 Mn
Jun 30, 2019 -634.00 Mn
Dec 31, 2018 615.00 Mn
Dec 31, 2017 589.00 Mn