Intercontinental Hotels (IHG) Operating Leases (2012 - 2025)

Intercontinental Hotels (IHG) posted quarterly Operating Leases of $406.0 million for Q4 2025, down 1.93% year-on-year from $414.0 million in Q4 2024, and up 207.12% on a QoQ basis from -$379.0 million in Q2 2025.

Intercontinental Hotels (IHG) Operating Leases (2012 - 2025) Analysis & Trends

Intercontinental Hotels (IHG) has reported Operating Leases for 11 consecutive years, with $406.0 million the latest figure, recorded 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 climbed to $406.0 million in Q4 2025 per IHG's latest filing, from -$379.0 million in the prior quarter.
  • Over the last five years, Operating Leases for IHG reached as high as $426.0 million in Q4 2023 and fell as low as -$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.
  • Annual changes were most pronounced in 2021 — Operating Leases gained 20.44% — and 2022, when it retreated 4.3%.
  • Year by year, Operating Leases stood at $419.0 million in 2021, then dropped by 4.3% to $401.0 million in 2022, then increased by 6.23% to $426.0 million in 2023, then fell by 2.82% to $414.0 million in 2024, then fell 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 H World 128.25 Bn 126.45 Bn 337.97 Mn
2 Marriott International 101.20 Bn 100.75 Bn 6.38 Bn
3 Hilton Worldwide Holdings 75.16 Bn 75.11 Bn 2.70 Bn
4 Intercontinental Hotels 24.57 Bn 19.71 Bn -
5 Hyatt Hotels 17.96 Bn 17.29 Bn 1.75 Bn
6 Atour Lifestyle Holdings 13.75 Bn -817.38 Bn 241.80 Mn
7 Wyndham Hotels & Resorts 5.66 Bn 5.59 Bn 349.00 Mn
8 Choice Hotels International 5.20 Bn 5.16 Bn 316.92 Mn
9 Civeo 381.54 Mn 364.99 Mn 40.16 Mn
10 Mdjm 3,796.75 -696,682.25 -

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
Dec 31, 2013 2.78 Bn
Dec 31, 2012 3.04 Bn