Global Business Travel Group GBTG Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 2.7%-2.1pp | 4.8%-0.4pp | 5.2%-0.8pp | 6%-0.3pp | 6.3%+1.6pp | |
| Net margin | 3.1%-1.0pp | 4.1%+3.5pp | 0.6%+2.7pp | -2.1%-0.5pp | -1.6%+3.9pp | |
| Returns | ||||||
| Return on equity | 6.6%-1.8pp | 8.3%+7.3pp | 1.1%+5.4pp | -4.3%-0.8pp | -3.5%+8.4pp | |
| Return on invested capital | 3.3%-2.3pp | 5.6%+2.8pp | 2.8%-0.7pp | 3.5%-0.2pp | 3.7%-1.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.2×0.0× | 1.1×-0.1× | 1.2×-0.4× | 1.7×+0.1× | 1.6×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1×+0.1× | 0.9×0.0× | 1×-0.2× | 1.2×-0.1× | 1.3×-0.1× | |
| Net debt / EBITDA | 4×+0.7× | 3.3×-0.2× | 3.5×+0.8× | 2.7×-0.1× | 2.8×-0.4× | |
| Per Share | ||||||
| Book value per share | $3.10-5.1% | $3.26+3.7% | $3.15+24.5% | $2.53+7.9% | $2.34+3.1% | |
| Valuation | ||||||
| Market capitalization | $2.92B-27.0% | $4B-6.4% | $4.28B+41.2% | $3.03B-12.8% | $3.47B-20.5% | |
| Price / earnings | 32.5×-3.6× | 36.1×-269× | 305.5×— | —— | —— | |
| Price / sales | 1×-0.5× | 1.5×-0.2× | 1.7×+0.5× | 1.2×-0.2× | 1.4×-0.4× | |
| Price / book | 1.8×-0.7× | 2.5×-0.3× | 2.8×+0.3× | 2.5×-0.6× | 3.1×-1.1× | |
| EV / EBITDA | 14.1×-1.7× | 15.8×-1.9× | 17.6×+5.2× | 12.4×-1.0× | 13.5×-4.6× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Global Business Travel Group's ratios come from?
- Every ratio is computed from Global Business Travel Group's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
