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| Date | Value |
|---|---|
| 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 |