InterContinental Hotels Group PLC (IHG) — Free Cash Flow Generation Index

Latest as of December 2025: 0.97x

InterContinental Hotels Group PLC (IHG) has a Free Cash Flow Generation Index of 0.97x as of December 2025. Free cash flow of $569.00 Million represents 1% of operating cash flow ($586.00 Million). Read IHG current and long-term liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.97x
Free Cash Flow / Operating CF

Free Cash Flow

$569.00 Million
USD

Operating Cash Flow

$586.00 Million
USD

Capital Expenditures

$17.00 Million
USD

InterContinental Hotels Group PLC Free Cash Flow Generation Index (2000–2025)

Historical FCF Generation Index trend for InterContinental Hotels Group PLC across 26 annual periods. Explore InterContinental Hotels Group PLC (IHG) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for InterContinental Hotels Group PLC (2000–2025)

Year-by-year Free Cash Flow Generation Index for InterContinental Hotels Group PLC. For the full company profile including market capitalisation, see IHG market cap overview.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.97x $870.00 Million $898.00 Million $28.00 Million ▲ +0.9%
2024 0.96x $558.71 Million $581.89 Million $23.18 Million ▼ -0.9%
2023 0.97x $679.50 Million $701.49 Million $22.00 Million ▲ +14.4%
2022 0.85x $547.00 Million $646.00 Million $99.00 Million ▼ -13.0%
2021 0.97x $457.91 Million $470.48 Million $12.58 Million ▲ +19.3%
2020 0.82x $84.13 Million $103.15 Million $19.02 Million ▲ +12.4%
2019 0.73x $474.00 Million $653.00 Million $179.00 Million ▼ -22.6%
2018 0.94x $541.77 Million $577.89 Million $36.12 Million ▲ +1.6%
2017 0.92x $389.58 Million $422.10 Million $32.53 Million ▼ -3.6%
2016 0.96x $578.64 Million $604.54 Million $25.90 Million ▲ +2.6%
2015 0.93x $394.87 Million $423.37 Million $28.50 Million ▲ +10.4%
2014 0.84x $293.09 Million $346.96 Million $53.87 Million ▲ +13.4%
2013 0.75x $280.75 Million $376.75 Million $96.00 Million ▼ -17.8%
2012 0.91x $263.30 Million $290.37 Million $27.07 Million ▲ +2.4%
2011 0.89x $272.83 Million $308.22 Million $35.39 Million ▲ +2.2%
2010 0.87x $255.48 Million $295.08 Million $39.60 Million ▲ +12.7%
2009 0.77x $205.59 Million $267.52 Million $61.93 Million ▼ -16.2%
2008 0.92x $408.97 Million $445.84 Million $36.86 Million ▲ +21.5%
2007 0.75x $88.63 Million $117.42 Million $28.79 Million ▲ +19.6%
2006 0.63x $72.93 Million $115.52 Million $42.59 Million ▲ +28.8%
2005 0.49x $90.91 Million $185.50 Million $94.59 Million ▲ +4.6%
2004 0.47x $216.00 Million $461.00 Million $245.00 Million ▲ +20.2%
2003 0.39x $553.57 Million $1.42 Billion $866.07 Million ▲ +284.6%
2002 -0.21x $-177.31 Million $839.49 Million $1.02 Billion ▲ +88.6%
2001 -1.85x $-597.92 Million $322.52 Million $920.44 Million ▼ -140.0%
2000 -0.77x $-280.40 Million $363.05 Million $643.45 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).