Global Business Travel (GBTG) Cash & Equivalents (2020 - 2026)
Global Business Travel (GBTG) reported Cash & Equivalents of $518 million for Q2 2026, down 13.8% from $601 million a year earlier but up 17.2% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Cash & Equivalents (2020 - 2026) Analysis & Trends
At the end of FY2025, Global Business Travel posted Cash & Equivalents of $434 million, down 19.0% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of 341.8% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $536 million in FY2024 (+12.6%), $476 million in FY2023 (+57.1%), $303 million in FY2022 (-41.3%) and $516 million in FY2021.
- Five-year quarterly Cash & Equivalents spans a low of $80,242 in Q1 2022 and a high of $601 million in Q2 2025.
- Year over year, Cash & Equivalents has now declined in each of the last four quarters, with an average decline of 0.6% over the last eight quarters.
- The high point for year-over-year Cash & Equivalents in five years was Q4 2023 (growth of 57.1%); the low point was Q1 2022 (a decline of 75.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $442 million (Q1 2026), $434 million (Q4 2025) and $427 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn | 462.00 Mn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn | 875.00 Mn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn | 1.01 Bn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn | 3.99 Bn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - | 1.22 Bn |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - | 825.00 Mn |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn | 8.26 Bn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn | 537.00 Mn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - | 2.10 Bn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 518.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 518.00 Mn |
| Mar 31, 2026 | 442.00 Mn |
| Dec 31, 2025 | 434.00 Mn |
| Sep 30, 2025 | 427.00 Mn |
| Jun 30, 2025 | 601.00 Mn |
| Mar 31, 2025 | 552.00 Mn |
| Dec 31, 2024 | 536.00 Mn |
| Sep 30, 2024 | 524.00 Mn |
| Jun 30, 2024 | 515.00 Mn |
| Mar 31, 2024 | 475.00 Mn |
| Dec 31, 2023 | 476.00 Mn |
| Sep 30, 2023 | 432.00 Mn |
| Jun 30, 2023 | 335.00 Mn |
| Mar 31, 2023 | 320.00 Mn |
| Dec 31, 2022 | 303.00 Mn |
| Sep 30, 2022 | 312.00 Mn |
| Jun 30, 2022 | 446.00 Mn |
| Mar 31, 2022 | 80,242.00 |
| Dec 31, 2021 | 516.00 Mn |
| Sep 30, 2021 | 871,517.00 |
API Access
Global Business Travel Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "GBTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();