GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterContinental Hotels Group PLC (NYSE:IHG) » Definitions » Retained Earnings

IHG (InterContinental Hotels Group) Retained Earnings : $0 Mil (As of Jun. 2024)


View and export this data going back to 2003. Start your Free Trial

What is InterContinental Hotels Group Retained Earnings?

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 Jun. 2024 was $0 Mil.

InterContinental Hotels Group's quarterly retained earnings declined from Jun. 2023 ($477 Mil) to Dec. 2023 ($396 Mil) and declined from Dec. 2023 ($396 Mil) to Jun. 2024 ($0 Mil).

InterContinental Hotels Group's annual retained earnings declined from Dec. 2021 ($904 Mil) to Dec. 2022 ($607 Mil) and declined from Dec. 2022 ($607 Mil) to Dec. 2023 ($396 Mil).


InterContinental Hotels Group Retained Earnings Historical Data

The historical data trend for InterContinental Hotels Group's Retained Earnings 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.

* Premium members only.

InterContinental Hotels Group Retained Earnings Chart

InterContinental Hotels Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 809.00 568.00 904.00 607.00 396.00

InterContinental Hotels Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings 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 989.00 607.00 477.00 396.00 -

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  (NYSE:IHG) 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 Business Description

Address
1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS
InterContinental Hotels Group operates 946,000 rooms across 19 brands addressing the midscale through luxury segments, as of Dec. 31, 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 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. Managed and franchised represent 99% of total rooms. As of Dec. 31, 2023, the Americas represented 55% of total rooms, with Greater China accounting for 19% and Europe, Asia, the Middle East, and Africa making up 26%.