Global Business Travel (GBTG) EBT Margin (2021 - 2026)
Global Business Travel (GBTG) posted EBT Margin of 1.72% for Q2 2026, up 31.66% on a QoQ basis from 1.31% in Q1 2026, and down 366.0% year-over-year from 0.65% in Q2 2025.
Analysis
Global Business Travel (GBTG) EBT Margin (2021 - 2026) Analysis & Trends
Global Business Travel has reported EBT Margin for 6 years, with the latest figure at 1.72% in Q2 2026.
- On a quarterly basis, EBT Margin fell 366.0% year-over-year to 1.72% in Q2 2026; TTM through Jun 2026 was 1.35%, a 70.0% decrease from a year earlier, with the FY2025 full-year figure at 5.41%, up 834.0% from the prior year.
- EBT Margin was 1.72% for Q2 2026 at Global Business Travel, up from 1.31% in the prior quarter.
- The five-year high for EBT Margin was 15.46% in Q1 2025, with the low at 32.86% in Q1 2022.
- Average EBT Margin over 5 years is 4.38%, with a median of 1.39% recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: EBT Margin surged 8198 bps in 2022, then plunged 1415 bps in 2026.
- Over 5 years, EBT Margin stood at 16.13% in 2022, then surged by 51 bps to 7.83% in 2023, then jumped by 87 bps to 1.02% in 2024, then surged by 809 bps to 7.2% in 2025, then tumbled by 76 bps to 1.72% in 2026.
- The last three EBT Margin figures came in at 1.72% (Q2 2026), 1.31% (Q1 2026), and 7.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trip.com | 26.65 Bn | 15.19 Bn | 1.86 Bn | 28.40% |
| 2 | Yatra Online | 6.38 Bn | 6.42 Bn | 12.97 Mn | 2.45% |
| 3 | Global Business Travel | 4.95 Bn | 4.48 Bn | 514.00 Mn | 1.72% |
| 4 | Ambitions Enterprise Management Co. L.L.C | 36.55 Mn | 33.39 Mn | - | - |
| 5 | JX Luxventure | 5.82 Mn | 5.11 Mn | - | - |
| 6 | Maitong Sunshine Cultural Development | 1.92 Mn | 1.91 Mn | - | - |
| 7 | Wetour Robotics | 560,999.99 | 377,549.02 | - | - |
| 8 | Tuniu | 5.03 | -154.31 Mn | 11.27 Mn | 0.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.72% |
| Mar 31, 2026 | 1.31% |
| Dec 31, 2025 | 7.20% |
| Sep 30, 2025 | -5.93% |
| Jun 30, 2025 | 5.39% |
| Mar 31, 2025 | 15.46% |
| Dec 31, 2024 | -1.02% |
| Sep 30, 2024 | -12.40% |
| Jun 30, 2024 | 0.16% |
| Mar 31, 2024 | 1.31% |
| Dec 31, 2023 | -7.83% |
| Sep 30, 2023 | -1.75% |
| Jun 30, 2023 | -9.63% |
| Mar 31, 2023 | -6.06% |
| Dec 31, 2022 | -16.13% |
| Sep 30, 2022 | -16.80% |
| Jun 30, 2022 | -1.03% |
| Mar 31, 2022 | -32.86% |
| Dec 31, 2021 | -88.50% |
| Sep 30, 2021 | -69.54% |