Global Business Travel (GBTG) Enterprise Value (2022 - 2026)
Global Business Travel (GBTG) recorded Enterprise Value of $4.43 billion in Q2 2026, up 82.9% from $2.42 billion a year earlier and up 76.1% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Enterprise Value (2022 - 2026) Analysis & Trends
On a TTM basis, Global Business Travel's Enterprise Value came in at $3.13 billion as of Jun 30, 2026, up 285.9% year-over-year; for FY2025, it was $3.62 billion, down 5.6% from FY2024.
- Annual Enterprise Value has a three-year compound annual growth rate of -3.5% (FY2022 to FY2025).
- Across earlier years, Enterprise Value came in at $3.84 billion in FY2024 (+52.0%), $2.53 billion in FY2023 (-37.4%) and $4.04 billion in FY2022.
- The Q2 2026 figure is the highest quarterly Enterprise Value in data going back to Q3 2022.
- On a year-over-year basis, Enterprise Value rose in five of the last eight quarters, with growth averaging 25.0%.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 82.9% in Q2 2026, against a decline of 40.0% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.52 billion (Q1 2026), $3.62 billion (Q4 2025) and $3.83 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 94.30 Bn | 92.35 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 73.03 Bn | 69.51 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 69.73 Bn | 67.31 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.48 Bn | 20.60 Bn | 996.62 Mn |
| 5 | Carnival | 33.80 Bn | 27.01 Bn | - |
| 6 | Intercontinental Hotels | 26.86 Bn | 22.41 Bn | - |
| 7 | Trip.com | 25.10 Bn | -20.45 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.28 Bn | 12.76 Bn | 388.00 Mn |
| 9 | H World | 13.25 Bn | 4.18 Bn | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.43 Bn |
| Mar 31, 2026 | 2.52 Bn |
| Dec 31, 2025 | 3.62 Bn |
| Sep 30, 2025 | 3.83 Bn |
| Jun 30, 2025 | 2.42 Bn |
| Mar 31, 2025 | 2.93 Bn |
| Dec 31, 2024 | 3.84 Bn |
| Sep 30, 2024 | 3.10 Bn |
| Jun 30, 2024 | 2.61 Bn |
| Mar 31, 2024 | 2.37 Bn |
| Dec 31, 2023 | 2.53 Bn |
| Sep 30, 2023 | 2.14 Bn |
| Jun 30, 2023 | 4.19 Bn |
| Mar 31, 2023 | 3.95 Bn |
| Dec 31, 2022 | 4.04 Bn |
| Sep 30, 2022 | 3.34 Bn |
API Access
Global Business Travel Enterprise Value 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=enterprise-value&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();