Global Business Travel (GBTG) Debt Ratio (2020 - 2026)

Global Business Travel's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.3 for Q1 2026.

• In Q1 2026, Debt Ratio fell 18.32% year-over-year to 0.3; the TTM figure through Mar 2026 stood at 0.3 (down 18.32% YoY), while the FY2025 annual figure was 0.29, down 24.47% from the prior year.
• Debt Ratio was 0.3 for Q1 2026 at Global Business Travel, up from 0.29 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.38 in Q4 2024 to a low of 0.01 in Q1 2022.
• Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.34 in 2023.
• The sharpest annual moves came in 2022 and 2025: Debt Ratio jumped 13381.03% in 2022, then declined 24.47% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.33 in 2022, then rose by 10.77% to 0.36 in 2023, then climbed by 5.18% to 0.38 in 2024, then slipped by 24.47% to 0.29 in 2025, then grew by 3.55% to 0.3 in 2026.
• The last three Debt Ratio figures came in at 0.3 (Q1 2026), 0.29 (Q4 2025), and 0.29 (Q3 2025), per Business Quant data.