InterContinental Hotels Group (LON:IHG) Full Year 2024 Results

Key Financial Results

• Revenue: US$4.92b (up 6.5% from FY 2023).
• Net income: US$628.0m (down 16% from FY 2023).
• Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$3.90 (down from US$4.44 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

InterContinental Hotels Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%.

The primary driver behind last 12 months revenue was the Unallocated System Fund segment contributing a total revenue of US$2.61b (53% of total revenue). Explore how IHG's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 14% p.a. on average during the next 3 years, while revenues in the Hospitality industry in the United Kingdom are expected to grow by 6.0%.

Performance of the British Hospitality industry.

The company's share price is broadly unchanged from a week ago.

Valuation

InterContinental Hotels Group's financial results now indicate the company's shares could be facing some headwinds based on 6 important indicators. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

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