Global Business Travel (GBTG) Enterprise Value (2020 - 2026)
Global Business Travel's (GBTG) quarterly Enterprise Value came in at -$392.0 million in Q1 2026, up 28.21% year-on-year from -$305.8 million in Q1 2025, and down 1.82% quarter-over-quarter from -$385.0 million in Q4 2025.
Global Business Travel (GBTG) Enterprise Value (2020 - 2026) Analysis & Trends
Global Business Travel's Enterprise Value history runs 7 years deep, the most recent figure standing at -$392.0 million for Q1 2026.
- On a quarterly basis, Enterprise Value rose 28.21% year-over-year to -$392.0 million in Q1 2026; TTM through Mar 2026 was -$392.0 million, a 28.21% increase from a year earlier, with the FY2025 full-year figure at -$385.0 million, up 27.36% from the prior year.
- Enterprise Value declined to -$392.0 million in Q1 2026 per GBTG's latest filing, from -$385.0 million in the prior quarter.
- Across five years, Enterprise Value topped out at $916.0 million in Q4 2022 and bottomed at -$594.0 million in Q2 2025.
- The 5-year median for Enterprise Value is -$429.0 million (2023), against an average of -$137.5 million.
- Across the five-year window, Enterprise Value tumbled 76724.41% in 2022 and surged 1084320.23% in 2023, its largest moves.
- Year by year, Enterprise Value stood at $916.0 million in 2022, then plunged by 151.53% to -$472.0 million in 2023, then declined by 12.29% to -$530.0 million in 2024, then advanced by 27.36% to -$385.0 million in 2025, then declined by 1.82% to -$392.0 million in 2026.
- Per Business Quant, the three latest GBTG Enterprise Value figures stand at -$392.0 million (Q1 2026), -$385.0 million (Q4 2025), and -$422.0 million (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | -16.02 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | -517.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | -12.01 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 5.93 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -3.80 Bn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | -2.23 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | -2.50 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | -185.05 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -415.51 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -392.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -392.00 Mn |
| Dec 31, 2025 | -385.00 Mn |
| Sep 30, 2025 | -422.00 Mn |
| Jun 30, 2025 | -594.00 Mn |
| Mar 31, 2025 | -546.00 Mn |
| Dec 31, 2024 | -530.00 Mn |
| Sep 30, 2024 | -519.00 Mn |
| Jun 30, 2024 | -511.00 Mn |
| Mar 31, 2024 | -472.00 Mn |
| Dec 31, 2023 | -472.00 Mn |
| Sep 30, 2023 | -429.00 Mn |
| Jun 30, 2023 | 827.00 Mn |
| Mar 31, 2023 | 870.00 Mn |
| Dec 31, 2022 | 916.00 Mn |
| Sep 30, 2022 | 781.00 Mn |
| Jun 30, 2022 | -460.00 Mn |
| Mar 31, 2022 | -80,242.00 |
| Dec 31, 2021 | -356.00 Mn |
| Sep 30, 2021 | -871,517.00 |
| Jun 30, 2021 | -598,768.00 |