Global Business Travel (GBTG) EBIT Margin (2021 - 2026)
Global Business Travel (GBTG) recorded quarterly EBIT Margin of 0.36% in Q1 2026, down 90.25% quarter-over-quarter from 3.66% in Q4 2025, and down 850.0% on a YoY basis from 0.05% in Q1 2025.
Global Business Travel (GBTG) EBIT Margin (2021 - 2026) Analysis & Trends
Global Business Travel's EBIT Margin history runs 6 years deep, the most recent figure standing at 0.36% for Q1 2026.
- In Q1 2026, EBIT Margin fell 850.0% year-over-year to 0.36%; the TTM figure through Mar 2026 stood at 2.66% (down 367.0% YoY), while the FY2025 annual figure was 4.78%, up 4.0% from the prior year.
- EBIT Margin was 0.36% for Q1 2026 at Global Business Travel, down from 3.66% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 8.86% in Q1 2025 to a low of 27.43% in Q1 2022.
- Historically, EBIT Margin has averaged 0.6% across 5 years, with a median of 0.55% in 2023.
- The sharpest annual moves came in 2022 and 2026: EBIT Margin soared 7060 bps in 2022, then tumbled 850 bps in 2026.
- A 5-year view of EBIT Margin shows it stood at 7.21% in 2022, then surged by 108 bps to 0.55% in 2023, then soared by 829 bps to 5.08% in 2024, then retreated by 28 bps to 3.66% in 2025, then sank by 90 bps to 0.36% in 2026.
- The last three EBIT Margin figures came in at 0.36% (Q1 2026), 3.66% (Q4 2025), and 1.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 22.98% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 3.21% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 26.10% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 9.85% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 7.33% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 9.99% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.36% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 16.55% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 16.49% |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 16.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.36% |
| Dec 31, 2025 | 3.66% |
| Sep 30, 2025 | 1.78% |
| Jun 30, 2025 | 5.39% |
| Mar 31, 2025 | 8.86% |
| Dec 31, 2024 | 5.08% |
| Sep 30, 2024 | 4.52% |
| Jun 30, 2024 | 6.72% |
| Mar 31, 2024 | 2.62% |
| Dec 31, 2023 | 0.55% |
| Sep 30, 2023 | -0.70% |
| Jun 30, 2023 | 0.34% |
| Mar 31, 2023 | -1.56% |
| Dec 31, 2022 | -7.21% |
| Sep 30, 2022 | -9.22% |
| Jun 30, 2022 | -3.91% |
| Mar 31, 2022 | -27.43% |
| Dec 31, 2021 | -67.25% |
| Sep 30, 2021 | -62.94% |
| Jun 30, 2021 | -74.51% |