Global Business Travel Group GBTG Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 4.8%0.0pp | 4.7%— | —— | -10.7%+77.2pp | |
| Net margin | 4.1%+9.6pp | -5.5%+0.4pp | -5.9%+1.8pp | -7.7%+18.5pp | |
| EBITDA margin | 11.8%-0.2pp | 12.1%+4.4pp | 7.7%+8.5pp | -0.9%+62.9pp | |
| Free cash flow margin | 3.8%-3.0pp | 6.8%+4.7pp | 2.1%+28.5pp | -26.4%— | |
| Returns | |||||
| Return on equity | 8.3%+20.2pp | -11.9%+8.1pp | -20%-0.7pp | -19.3%— | |
| Return on assets | 2.6%+6.2pp | -3.6%0.0pp | -3.6%+0.2pp | -3.8%+3.5pp | |
| Return on invested capital | 5.6%0.0pp | 5.6%+6.6pp | -1.1%+11.8pp | -12.9%— | |
| Efficiency | |||||
| Asset turnover | 0.6×0.0× | 0.7×0.0× | 0.6×+0.1× | 0.5×+0.2× | |
| Liquidity | |||||
| Current ratio | 1.1×-0.5× | 1.6×0.0× | 1.6×0.0× | 1.6×+0.1× | |
| Quick ratio | 1.1×-0.5× | 1.6×0.0× | 1.6×0.0× | 1.6×+0.1× | |
| Cash ratio | 0.3×-0.4× | 0.7×+0.1× | 0.6×+0.2× | 0.4×-0.3× | |
| Leverage | |||||
| Debt-to-equity | 0.9×-0.5× | 1.4×+0.2× | 1.2×-7.4× | 8.6×+7.7× | |
| Debt-to-assets | 0.3×-0.1× | 0.4×0.0× | 0.4×0.0× | 0.3×+0.1× | |
| Net debt / EBITDA | 3.3×+0.2× | 3.2×-2.3× | 5.4×— | —— | |
| Interest coverage | 1.4×+0.4× | 1×+1.1× | -0.1×+1.9× | -2×+11.3× | |
| Per Share | |||||
| Book value per share | $3.26+43.6% | $2.27-13.9% | $2.64+673% | $0.34-97.9% | |
| Valuation | |||||
| Market capitalization | $4B-8.3% | $4.37B+46.8% | $2.98B-12.1% | $3.38B— | |
| Enterprise value | $5.08B-4.1% | $5.29B+34.6% | $3.93B-10.3% | $4.38B— | |
| Price / earnings | 36.1×— | —— | —— | —— | |
| Price / sales | 1.5×-0.3× | 1.8×+0.5× | 1.3×-0.5× | 1.8×— | |
| Price / book | 2.5×-1.7× | 4.2×+1.7× | 2.5×-19.8× | 22.3×— | |
| EV / EBITDA | 15.8×-2.3× | 18.1×-4.3× | 22.3×— | —— | |
| EV / sales | 1.9×-0.3× | 2.2×+0.5× | 1.7×-0.7× | 2.4×— | |
| Free cash flow yield | 2.6%-1.2pp | 3.8%+2.1pp | 1.6%+16.1pp | -14.4%— | |
| Earnings yield | 2.8%+5.8pp | -3.1%+1.5pp | -4.6%-0.3pp | -4.2%— |
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.