InterContinental Hotels Group PLC (IHG) annual results, year to 31 December 2023: revenue USD 4,624 million, from the 20-F
InterContinental Hotels Group PLC files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2023 it reported revenue of USD 4,624 million, up 18.8% on the year before. Its profit attributable to shareholders was USD 750 million, up 100.0%, and diluted earnings per share USD 4.41.
The year to 31 December 2023, against the year before
| Year to | Dec 2022 | Dec 2023 † |
|---|---|---|
| Revenue | 3,892 | 4,624 |
| Cost of sales | 648 | 742 |
| Operating profit | 628 | 1,066 |
| Finance costs | 118 | 126 |
| Profit before tax | 540 | 1,010 |
| Income tax | 164 | 260 |
| Profit for the year | 376 | 750 |
| Profit attributable to shareholders | 375 | 750 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.
USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2022 | Dec 2023 † |
|---|---|---|
| Cash from operations | 646 | 893 |
| Purchase of property, plant and equipment | 54.0 | 28.0 |
| Free cash flow | 592 | 865 |
| Dividends paid | 233 | 245 |
| Filing | 20-F | 20-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet at year end
| Year to | Dec 2022 | Dec 2023 † |
|---|---|---|
| Total assets | 4,216 | 4,813 |
| Equity attributable to shareholders | -1,615 | -1,950 |
| Cash and cash equivalents | 976 | 1,322 |
| Borrowings, as filed | 2,396 | 3,166 |
| Lease liabilities | 427 | 426 |
| Trade and other receivables | 646 | 740 |
| Inventories | 4.0 | 5.0 |
| Goodwill | 335 | 336 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2022 | Dec 2023 † |
|---|---|---|
| Operating margin | 16.1% | 23.1% |
| Net margin | 9.6% | 16.2% |
| Free cash flow margin | 15.2% | 18.7% |
| Effective tax rate | 30.4% | 25.7% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 December 2025
- Year to 31 December 2024
- Year to 31 December 2023, this page
- Year to 31 December 2022
- Year to 31 December 2021
- Year to 31 December 2020
- Year to 31 December 2019
- Year to 31 December 2018
- Year to 31 December 2017
- Year to 31 December 2016
- Year to 31 December 2015
Source
20-F for the year to 31 December 2023, filed 26 February 2026, accession 0000858446-26-000010: the filing on EDGAR. All of InterContinental Hotels Group PLC's filings: EDGAR company page. The figures are in US dollars as filed.
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