Global Business Travel (GBTG) Deferred Taxes (2021 - 2026)
Global Business Travel's Deferred Taxes was $2 million in Q2 2026, down 71.4% from $7 million a year earlier.
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Analysis
Global Business Travel (GBTG) Deferred Taxes (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Business Travel's Deferred Taxes was -$51 million through Jun 30, 2026; for FY2025, it was -$15 million.
- In earlier years, Deferred Taxes was $34 million in FY2024, -$30 million in FY2023, -$65 million in FY2022 and -$178 million in FY2021.
- Quarterly Deferred Taxes has moved between -$52 million (Q4 2021) and $17 million (Q3 2024) over five years.
- Per Business Quant data, GBTG's Deferred Taxes in the three quarters before Q2 2026 was -$28 million (Q1 2026), -$33 million (Q4 2025) and $8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 43.00 Mn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | -3.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | - |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 3.91 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | -22.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 2.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Mn |
| Mar 31, 2026 | -28.00 Mn |
| Dec 31, 2025 | -33.00 Mn |
| Sep 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 3.00 Mn |
| Dec 31, 2024 | 5.00 Mn |
| Sep 30, 2024 | 17.00 Mn |
| Jun 30, 2024 | -5.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | -14.00 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | -4.00 Mn |
| Mar 31, 2023 | -9.00 Mn |
| Dec 31, 2022 | -24.00 Mn |
| Sep 30, 2022 | -10.00 Mn |
| Jun 30, 2022 | -5.00 Mn |
| Mar 31, 2022 | -26.00 Mn |
| Dec 31, 2021 | -52.00 Mn |
| Sep 30, 2021 | -29.00 Mn |
API Access
Global Business Travel Deferred Taxes 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=deferred-taxes&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();