Global Business Travel (GBTG) Asset Utilization Ratio (2021 - 2026)

Global Business Travel (GBTG) posted quarterly Asset Utilization Ratio of 0.59 for Q1 2026, down 10.55% year-over-year from 0.66 in Q1 2025, and up 4.61% quarter-over-quarter from 0.56 in Q4 2025.

Global Business Travel (GBTG) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

Global Business Travel's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.59 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 10.55% year-over-year to 0.59; the TTM figure through Mar 2026 stood at 0.59 (down 10.55% YoY), while the FY2025 annual figure was 0.64, down 3.13% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.59, up from 0.56 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.66 in Q1 2025, with the low at 0.43 in Q3 2022.
  • The 5-year median for Asset Utilization Ratio is 0.58 (2025), against an average of 0.57.
  • Peak annual rise in Asset Utilization Ratio reached 79.55% in 2022, while the deepest fall reached 69.44% in 2022.
  • Global Business Travel's Asset Utilization Ratio stood at 0.5 in 2022, then gained by 20.43% to 0.6 in 2023, then climbed by 9.47% to 0.66 in 2024, then fell by 14.49% to 0.56 in 2025, then gained by 4.61% to 0.59 in 2026.
  • Business Quant data shows GBTG's Asset Utilization Ratio at 0.59 in Q1 2026, 0.56 in Q4 2025, and 0.58 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Booking Holdings 158.46 Bn 141.25 Bn 4.98 Bn 0.98
2 Airbnb 106.78 Bn 94.71 Bn 2.98 Bn 0.47
3 Royal Caribbean Cruises 80.66 Bn 79.74 Bn 2.29 Bn 0.43
4 Viking Holdings 44.63 Bn 40.83 Bn 713.43 Mn 0.55
5 Expedia 38.98 Bn 31.85 Bn 3.91 Bn 0.57
6 Carnival 38.25 Bn 36.01 Bn - 0.53
7 Trip.com 29.13 Bn 17.43 Bn 1.86 Bn 0.24
8 Norwegian Cruise Line Holdings 8.43 Bn 8.21 Bn 1.05 Bn 0.42
9 MakeMyTrip 5.84 Bn 5.06 Bn 212.91 Mn 0.60
10 Global Business Travel 4.86 Bn 4.34 Bn 514.00 Mn 0.63

Historic Data

Download Data
DateValue
Jun 30, 2026 0.63
Mar 31, 2026 0.59
Dec 31, 2025 0.56
Sep 30, 2025 0.58
Jun 30, 2025 0.64
Mar 31, 2025 0.66
Dec 31, 2024 0.66
Sep 30, 2024 0.63
Jun 30, 2024 0.62
Mar 31, 2024 0.61
Dec 31, 2023 0.60
Sep 30, 2023 0.58
Jun 30, 2023 0.55
Mar 31, 2023 0.54
Dec 31, 2022 0.50
Sep 30, 2022 0.43
Jun 30, 2022 0.57
Mar 31, 2022 0.43
Dec 31, 2021 0.28
Sep 30, 2021 1.40