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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. InterContinental Hotels Group's retained earnings for the quarter that ended in Dec. 2025 was $-302 Mil.
InterContinental Hotels Group's quarterly retained earnings
declined
from Dec. 2024 ($34 Mil) to Jun. 2025 ($-224 Mil) and
declined
from Jun. 2025 ($-224 Mil) to Dec. 2025 ($-302 Mil).
InterContinental Hotels Group's annual retained earnings
declined
from Dec. 2023 ($396 Mil) to Dec. 2024 ($34 Mil) and
declined
from Dec. 2024 ($34 Mil) to Dec. 2025 ($-302 Mil).
InterContinental Hotels Group (OTCPK:ICHGF) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
InterContinental Hotels Group Retained Earnings Historical Data
* 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 Retained Earnings Chart
InterContinental Hotels Group Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
InterContinental Hotels Group (ICHGF) has a Retained Earnings of $-302 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on InterContinental Hotels Group and its competitors.
Is InterContinental Hotels Group's Retained Earnings too high?
InterContinental Hotels Group's current Retained Earnings is $-302 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 Retained Earnings compare to MAR and HLT?
InterContinental Hotels Group's Retained Earnings of $-302 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 Retained Earnings for a Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on InterContinental Hotels Group and its competitors. InterContinental Hotels Group's current Retained Earnings is $-302 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 (ICHGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $130.45, compared to a current price of $156.41 — trading 19.9% above its estimated fair value. The current Retained Earnings is $-302 Mil. InterContinental Hotels Group's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For InterContinental Hotels Group (ICHGF), the current Retained Earnings is $-302 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 (ICHGF) Overvalued in 2026?
Based on GuruFocus' analysis, InterContinental Hotels Group stock appears to be overvalued.
The current stock price of $156.41 is trading 19.9% above its estimated GF Value™ of $130.45.
GuruFocus considers InterContinental Hotels Group to be Modestly Overvalued.
Key valuation signals for ICHGF:
Retained Earnings: $-302 Mil
GF Value™: $130.45 vs. price of $156.41 (19.9% above fair value)
No single metric tells the full story. See the ICHGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 ICHGF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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