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Global Business Travel Group GBTG Ratios & Valuation

Income StatementBalance SheetCash FlowRatiosSegments
QuarterlyAnnualTTM
YoYQoQ
SimplifiedDetailed
Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin2.7%-3.7pp4.8%0.0pp5.2%—6%—6.3%—
Net margin3.1%+4.7pp4.1%+9.6pp0.6%+7.5pp-2.1%-0.2pp-1.6%+3.9pp
EBITDA margin9.9%-3.5pp11.8%-0.2pp12%+0.9pp12.8%+2.6pp13.4%+4.7pp
Free cash flow margin0.9%-6.0pp3.8%-3.0pp4.9%-2.0pp5.9%-3.1pp6.9%-1.0pp
Returns
Return on equity6.6%+10.1pp8.3%+20.2pp1.1%+15.2pp-4.3%+2.3pp-3.5%+15.7pp
Return on assets2%+3.1pp2.6%+6.2pp0.3%+4.7pp-1.4%-0.2pp-1%+2.2pp
Return on invested capital3.3%-0.5pp5.6%0.0pp2.8%-0.8pp3.5%+0.7pp3.7%+3.3pp
Efficiency
Asset turnover0.7×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Liquidity
Current ratio1.2×-0.4×1.1×-0.5×1.2×-0.3×1.7×0.0×1.6×+0.1×
Quick ratio1.2×-0.4×1.1×-0.5×1.2×-0.3×1.7×0.0×1.6×+0.1×
Cash ratio0.3×-0.3×0.3×-0.4×0.3×-0.3×0.7×+0.1×0.6×+0.1×
Leverage
Debt-to-equity1×-0.3×0.9×-0.5×1×-0.4×1.2×0.0×1.3×+0.1×
Debt-to-assets0.3×-0.1×0.3×-0.1×0.3×-0.1×0.4×0.0×0.4×0.0×
Net debt / EBITDA4×+1.2×3.3×+0.2×3.5×0.0×2.7×-1.1×2.8×-2.0×
Interest coverage0.8×-0.7×1.4×+0.4×1.4×+0.8×1.5×+1.2×1.5×+1.4×
Per Share
Book value per share$3.10+32.3%$3.26+43.6%$3.15+32.1%$2.53-2.0%$2.34-7.7%
Valuation
Market capitalization$2.92B-15.8%$4B-8.3%$4.28B+20.3%$3.03B-1.2%$3.47B+25.3%
Enterprise value$4.09B-6.7%$5.08B-4.1%$5.34B+18.8%$3.88B-2.5%$4.38B+17.3%
Price / earnings32.5×—36.1×—305.5×—————
Price / sales1×-0.4×1.5×-0.3×1.7×+0.2×1.2×-0.1×1.4×+0.2×
Price / book1.8×-1.3×2.5×-1.7×2.8×-0.4×2.5×0.0×3.1×+0.7×
EV / EBITDA14.1×+0.6×15.8×-2.3×17.6×+0.7×12.4×-4.1×13.5×-5.0×
EV / sales1.4×-0.4×1.9×-0.3×2.1×+0.2×1.6×-0.1×1.8×+0.2×
Free cash flow yield0.9%-3.9pp2.6%-1.2pp2.9%-1.7pp4.8%-2.1pp4.8%-1.8pp
Earnings yield3.1%+4.2pp2.8%+5.8pp0.3%+5.0pp-1.7%-0.2pp-1.2%+3.5pp

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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.