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

Global Business Travel (GBTG) posted quarterly Debt Ratio of 0.3 for Q1 2026, down 18.32% year-over-year from 0.37 in Q1 2025, and up 3.55% quarter-over-quarter from 0.29 in Q4 2025.

Global Business Travel (GBTG) Debt Ratio (2020 - 2026) Analysis & Trends

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 25.49% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.3, up from 0.29 in the prior quarter.
  • The five-year high for Debt Ratio was 0.39 in Q4 2024, with the low at 0.01 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.34 (2023), against an average of 0.32.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio jumped 6399466.61% in 2022, then fell 25.49% in 2025.
  • Global Business Travel's Debt Ratio stood at 0.33 in 2022, then increased by 10.77% to 0.36 in 2023, then climbed by 6.62% to 0.39 in 2024, then dropped by 25.49% to 0.29 in 2025, then climbed by 3.55% to 0.3 in 2026.
  • Business Quant data shows GBTG's Debt Ratio at 0.3 in Q1 2026, 0.29 in Q4 2025, and 0.3 in Q3 2025.
Generated on {Timestamp} © BusinessQuant.com
Generated on {Timestamp} Powered by BusinessQuant Logo

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Booking Holdings 158.46 Bn 141.25 Bn 4.98 Bn 0.68
2 Airbnb 106.78 Bn 94.71 Bn 2.98 Bn 0.09
3 Royal Caribbean Cruises 80.66 Bn 79.74 Bn 2.29 Bn 0.51
4 Viking Holdings 44.63 Bn 40.83 Bn 713.43 Mn 0.45
5 Expedia 38.98 Bn 31.85 Bn 3.91 Bn 0.19
6 Carnival 38.25 Bn 36.01 Bn - 0.48
7 Trip.com 29.13 Bn 17.43 Bn 1.86 Bn 0.12
8 Norwegian Cruise Line Holdings 8.43 Bn 8.21 Bn 1.05 Bn 0.63
9 MakeMyTrip 5.84 Bn 5.06 Bn 212.91 Mn 0.80
10 Global Business Travel 4.86 Bn 4.34 Bn 514.00 Mn 0.31

Historic Data

Download Data
DateValue
Jun 30, 2026 0.31
Mar 31, 2026 0.30
Dec 31, 2025 0.29
Sep 30, 2025 0.30
Jun 30, 2025 0.36
Mar 31, 2025 0.37
Dec 31, 2024 0.39
Sep 30, 2024 0.37
Jun 30, 2024 0.36
Mar 31, 2024 0.36
Dec 31, 2023 0.36
Sep 30, 2023 0.35
Jun 30, 2023 0.34
Mar 31, 2023 0.34
Dec 31, 2022 0.33
Sep 30, 2022 0.33
Jun 30, 2022 0.32
Mar 31, 2022 0.01
Dec 31, 2021 0.27
Sep 30, 2021 0.00