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| Date | Value |
|---|---|
| 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 |