Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). InterContinental Hotels Group's share price for the quarter that ended in Dec. 2023 was $91.18. InterContinental Hotels Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 165 Mil. Therefore, InterContinental Hotels Group's market cap for the quarter that ended in Dec. 2023 was $15,067 Mil.
InterContinental Hotels Group's quarterly market cap
increased
from Dec. 2022 ($10,245 Mil) to Jun. 2023 ($11,993 Mil) and
increased
from Jun. 2023 ($11,993 Mil) to Dec. 2023 ($15,067 Mil).
InterContinental Hotels Group's annual market cap
declined
from Dec. 2021 ($12,000 Mil) to Dec. 2022 ($10,245 Mil) but then
increased
from Dec. 2022 ($10,245 Mil) to Dec. 2023 ($15,067 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. InterContinental Hotels Group's Enterprise Value for Today is $18,804 Mil.
InterContinental Hotels Group Market Cap Historical Data
The historical data trend for InterContinental Hotels Group's Market Cap 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.
Competitive Comparison of InterContinental Hotels Group's Market Cap
For the Lodging subindustry, InterContinental Hotels Group's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, InterContinental Hotels Group's Market Cap distribution charts can be found below:
* The bar in red indicates where InterContinental Hotels Group's Market Cap falls into.
InterContinental Hotels Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
InterContinental Hotels Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:IHG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
InterContinental Hotels Group Market Cap Related Terms
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InterContinental Hotels Group (InterContinental Hotels Group) Business Description
InterContinental Hotels Group operates 930,000 rooms across 18 brands addressing the midscale through luxury segments, as of Sept. 30, 2023. 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 summer 2017 and closed on a 51% stake in Regent Hotels in July 2018. It acquired Six Senses in February 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Sept. 30, 2023, the Americas represents 56% of total rooms, with greater China accounting for 18%; Europe, Asia, the Middle East, and Africa make up 26%.
InterContinental Hotels Group (InterContinental Hotels Group) Headlines
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