Global Business Travel (GBTG) Depreciation & Amortization (CF) (2021 - 2026)
Global Business Travel's Depreciation & Amortization (CF) was $56 million in Q2 2026, up 30.2% from $43 million a year earlier but down 6.7% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Depreciation & Amortization (CF) (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Business Travel's Depreciation & Amortization (CF) was $225 million through Jun 30, 2026, up 35.5% year-over-year; for FY2025, it was $192 million, up 7.9% from FY2024.
- Depreciation & Amortization (CF) shows a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- In earlier years, Depreciation & Amortization (CF) was $178 million in FY2024 (-8.2%), $194 million in FY2023 (+6.6%), $182 million in FY2022 (+18.2%) and $154 million in FY2021 (+4.1%).
- Quarterly Depreciation & Amortization (CF) has moved between $34 million (Q3 2021) and $60 million (Q1 2026) over five years.
- Compared with a year earlier, Depreciation & Amortization (CF) has increased for four straight quarters, with growth averaging 10.8% over the last eight quarters.
- The best year-over-year quarter for Depreciation & Amortization (CF) over five years was Q1 2026 (growth of 50.0%); the worst was Q4 2024 (a decline of 18.4%).
- Per Business Quant data, GBTG's Depreciation & Amortization (CF) in the three quarters before Q2 2026 was $60 million (Q1 2026), $60 million (Q4 2025) and $49 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn | 222.00 Mn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn | 464.00 Mn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn | 49.00 Mn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn | 84.05 Mn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - | 754.00 Mn |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn | 73.00 Mn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - | 47.00 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 56.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.00 Mn |
| Mar 31, 2026 | 60.00 Mn |
| Dec 31, 2025 | 60.00 Mn |
| Sep 30, 2025 | 49.00 Mn |
| Jun 30, 2025 | 43.00 Mn |
| Mar 31, 2025 | 40.00 Mn |
| Dec 31, 2024 | 40.00 Mn |
| Sep 30, 2024 | 43.00 Mn |
| Jun 30, 2024 | 48.00 Mn |
| Mar 31, 2024 | 47.00 Mn |
| Dec 31, 2023 | 49.00 Mn |
| Sep 30, 2023 | 50.00 Mn |
| Jun 30, 2023 | 49.00 Mn |
| Mar 31, 2023 | 46.00 Mn |
| Dec 31, 2022 | 48.00 Mn |
| Sep 30, 2022 | 45.00 Mn |
| Jun 30, 2022 | 45.00 Mn |
| Mar 31, 2022 | 44.00 Mn |
| Dec 31, 2021 | 50.00 Mn |
| Sep 30, 2021 | 34.00 Mn |
API Access
Global Business Travel Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();