Global Business Travel (GBTG) Enterprise Value (2020 - 2026)
Global Business Travel (GBTG) recorded quarterly Enterprise Value of -$437.0 million in Q1 2026, down 13.51% quarter-over-quarter from -$385.0 million in Q4 2025, and up 19.96% on a YoY basis from -$364.3 million in Q1 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 -$437.0 million for Q1 2026.
- In Q1 2026, Enterprise Value rose 19.96% year-over-year to -$437.0 million; the TTM figure through Mar 2026 stood at -$437.0 million (up 19.96% YoY), while the FY2025 annual figure was -$385.0 million, up 28.17% from the prior year.
- Enterprise Value was -$437.0 million for Q1 2026 at Global Business Travel, down from -$385.0 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $906.0 million in Q4 2022 to a low of -$594.0 million in Q2 2025.
- Historically, Enterprise Value has averaged -$134.8 million across 5 years, with a median of -$429.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Enterprise Value plunged 55681.2% in 2022, then jumped 1076842.85% in 2023.
- A 5-year view of Enterprise Value shows it stood at $906.0 million in 2022, then tumbled by 152.1% to -$472.0 million in 2023, then decreased by 13.56% to -$536.0 million in 2024, then advanced by 28.17% to -$385.0 million in 2025, then decreased by 13.51% to -$437.0 million in 2026.
- The last three Enterprise Value figures came in at -$437.0 million (Q1 2026), -$385.0 million (Q4 2025), and -$422.0 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -16.02 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | -12.01 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | -517.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | -1.41 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | -5.79 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | -185.00 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -437.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | -255.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -5.21 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | -765.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -437.00 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 | -536.00 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 | 814.00 Mn |
| Mar 31, 2023 | 864.00 Mn |
| Dec 31, 2022 | 906.00 Mn |
| Sep 30, 2022 | 781.00 Mn |
| Jun 30, 2022 | -334.00 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 |