IWG.L
International Workplace Group plcReal Estate·Real Estate - Services
$189.20
$1.8B market cap
Revenue
$1.9B
Free Cash Flow
$119.0M
Rev Growth
+0.0%
FCF Margin
6.2%
P/FCF
20.6x
EV/FCF
80.4x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, the United Kingdom, and internationally. The company offers coworking and collaboration spaces; flexible and scalable spaces; work and community spaces; private, professional, and memberships workspaces; virtual offices, meeting rooms, and lounges; and reception services and conference products. It provides its services to property owners, franchise partners,
2-Year Price History
$185.40+3.5%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2025-Q4 | 1,921 | 290.4 | 114.6 | 7.0 | 252.6 | 119.0 | -133.7 | 304.1 | 7,412 | 993.4 | 2.4% | 5.2x | -- |
Valuation & Metrics
Market Stats
Price$189.20
Market Cap$1.8B
Enterprise Value$9.6B
P/S Ratio1.3x
P/FCF20.6x
EV/FCF80.4x
FCF Margin (TTM)6.2%
FCF Yield4.8%
Dividend Yield (TTM)0.9%
Annual Dilution0.0%
CurrencyGBp
TTM Financial Snapshot
Revenue$1.9B
Net Income$7.0M
Free Cash Flow$119.0M
Revenue Growth (YoY)+0.0%
EBITDA Margin15.1%
Net Margin0.4%
FCF Margin6.2%
CapEx % of Revenue7.0%
SBC % of Revenue0.0%
ROIC2.4%
WC Change % Rev0.0%
Interest Coverage5.2x
Forward Outlook & Risk
Employees
Headcount10,000
Revenue / Employee$192,118
Gross Profit / Employee$41,900
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
1.0%(+0.0% YoY)
1 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
0 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Private Capital Management, LLC | $17.8M | $180.13 | −$82.6M | +$526K | -1.1% | $982M |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
-0.91%
avg per quarter
Holders (ex-self)
-1.07%
excl. this stock
Buyers (this Q)
+0.00%
0 buyers · $0.00B in
Sellers (this Q)
-0.91%
1 sellers · $0.01B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-6.0%
how holders react when this stock falls
On quiet Qs
+1.2%
−10% to +10% baseline
On rallies (+10%+)
+48.2%
how they react when this stock rises
Holders' portfolio flow this Q
+10.9%
inflows — adds are organic
Sellers' portfolio flow this Q
+10.9%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-1.7%
Holder mid (any stock)
+1.1%
Holder rally (any stock)
+0.4%
Biggest decreases this quarter
Top-5 holders · 100.0%
Private Capital Management, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Private Capital Management, LLC7.5MIFP Advisors, Inc—Steward Partners Investment Advisory, LLC—