InterContinental Hotels Group (FRA:IC1B) EBIT: €1,093 Mil (TTM As of Dec. 2025)


FRA:IC1B InterContinental Hotels Group PLC FRA:IC1B
91 GF Score
Price €152.00
GF Value €116.91
Valuation Modestly Overvalued
! 6 Warning Signs
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What is InterContinental Hotels Group EBIT?

InterContinental Hotels Group FRA:IC1B -0.65% 91 EBIT is €1,093 Mil as of Dec. 2025. GuruFocus rates FRA:IC1B with a GF Score™ of 91/100 and a GF Value™ of €116.91 (Modestly Overvalued). The stock has 6 warning signs investors should review.

InterContinental Hotels Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €465 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €1,093 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. InterContinental Hotels Group's annualized ROC % for the quarter that ended in Dec. 2025 was 15.64%. InterContinental Hotels Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 260.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. InterContinental Hotels Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.28%.


InterContinental Hotels Group  (FRA:IC1B) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

InterContinental Hotels Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=992.348 * ( 1 - 34.24% )/( (4017.678 + 4329.78)/ 2 )
=652.5680448/4173.729
=15.64 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4281.246 - 641.58 - ( 536.673 - max(0, 1818.099 - 1440.087+536.673))
=4017.678

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4564.63 - 278.404 - ( 943.67 - max(0, 1793.4 - 1749.846+943.67))
=4329.78

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

InterContinental Hotels Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=930.86/( ( (361.539 + max(-541.008, 0)) + (354.41 + max(-641.354, 0)) )/ 2 )
=930.86/( ( 361.539 + 354.41 )/ 2 )
=930.86/357.9745
=260.04 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(816.714 + 3.468 + 45.951) - (641.58 + 0 + 765.561)
=-541.008

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(596.092 + 4.27 + 119.56) - (278.404 + 0 + 1082.872)
=-641.354

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

InterContinental Hotels Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1093.138/25543.760
=4.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


InterContinental Hotels Group EBIT Related Terms


InterContinental Hotels Group EBIT Historical Data

* Premium members only.

The historical data trend for InterContinental Hotels Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

InterContinental Hotels Group EBIT Chart

InterContinental Hotels Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 442.50 623.98 1,031.63 1,010.39 1,083.73

InterContinental Hotels Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 480.51 516.52 479.41 627.71 465.43

FRA:IC1B vs MAR, HLT, H: EBIT Comparison

For the Lodging subindustry, InterContinental Hotels Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


InterContinental Hotels Group EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, InterContinental Hotels Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where InterContinental Hotels Group's EV-to-EBIT falls into.


FRA:IC1B
91GF Score
InterContinental Hotels Group PLC FRA:IC1B
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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InterContinental Hotels Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,093 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €1,093 Mil mean?
InterContinental Hotels Group (FRA:IC1B) has a EBIT of €1,093 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on InterContinental Hotels Group.
Is InterContinental Hotels Group's EBIT too high?
InterContinental Hotels Group's current EBIT is €1,093 Mil. Overall, InterContinental Hotels Group has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InterContinental Hotels Group's EBIT compare to MAR and HLT?
InterContinental Hotels Group's EBIT of €1,093 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on InterContinental Hotels Group. InterContinental Hotels Group's current EBIT is €1,093 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InterContinental Hotels Group stock overvalued right now?
Based on GuruFocus' analysis, InterContinental Hotels Group (FRA:IC1B) is currently considered Modestly Overvalued. The stock's GF Value™ is €116.91, compared to a current price of €152.00 — trading 30% above its estimated fair value. The current EBIT is €1,093 Mil. InterContinental Hotels Group's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For InterContinental Hotels Group (FRA:IC1B), the current EBIT is €1,093 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is InterContinental Hotels Group (FRA:IC1B) Overvalued in 2026?

Based on GuruFocus' analysis, InterContinental Hotels Group stock appears to be overvalued. The current stock price of €152.00 is trading 30% above its estimated GF Value™ of €116.91. GuruFocus considers InterContinental Hotels Group to be Modestly Overvalued.

Key valuation signals for FRA:IC1B:

  • EBIT: €1,093 Mil
  • GF Value™: €116.91 vs. price of €152.00 (30% above fair value)
  • GF Score™: 91/100 with 6 warning signs

No single metric tells the full story. See the FRA:IC1B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


InterContinental Hotels Group Business Description

Address 1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS
InterContinental Hotels Group operates 1 million rooms across 20 brands addressing the midscale through luxury segments, as of Dec. 31, 2025. Holiday Inn and Holiday Inn Express constitute the largest brand, while Hotel Indigo, Even, Hualuxe, Kimpton, and Voco are newer lifestyle brands experiencing strong demand. The company launched a midscale brand, Avid, in 2017 and closed on a 51% stake in Regent Hotels in 2018. It acquired Six Senses in 2019 and launched another midscale brand, Garner, in 2023, followed by a premium conversion brand, Noted Collections, in 2026. Managed and franchised represent 99% of total rooms. As of Dec. 31, 2025, the Americas represented 52% of total rooms, with Greater China accounting for 20% and Europe, Asia, the Middle East, and Africa making up 28%.
91GF Score

Get the complete analysis for FRA:IC1B

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€152.00
Price
€116.91
GF Value