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
DateValue
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%