Global Business Travel (GBTG) EV to EBITDA (2022 - 2026)
Global Business Travel (GBTG) posted EV to EBITDA of 184.71 for Q2 2026, down 77.99% on a QoQ basis from 839.24 in Q1 2026, and up 159.17% year-over-year from 71.27 in Q2 2025.
Analysis
Global Business Travel (GBTG) EV to EBITDA (2022 - 2026) Analysis & Trends
Global Business Travel has reported EV to EBITDA for 5 years, with the latest figure at 184.71 in Q2 2026.
- On a quarterly basis, EV to EBITDA rose 159.17% year-over-year to 184.71 in Q2 2026; TTM through Jun 2026 was 65.19, a 292.79% increase from a year earlier, with the FY2025 full-year figure at 27.87, down 16.52% from the prior year.
- EV to EBITDA was 184.71 for Q2 2026 at Global Business Travel, down from 839.24 in the prior quarter.
- The five-year high for EV to EBITDA was 2094.03 in Q2 2023, with the low at 534.91 in Q3 2023.
- Average EV to EBITDA over 5 years is 239.23, with a median of 119.8 recorded in 2025.
- The sharpest annual moves came in 2023 and 2026: EV to EBITDA plunged 621.57% in 2023, then surged 1475.71% in 2026.
- Over 5 years, EV to EBITDA stood at 106.21 in 2022, then jumped by 892.94% to 842.15 in 2023, then sank by 84.8% to 128.0 in 2024, then declined by 2.38% to 124.95 in 2025, then jumped by 47.83% to 184.71 in 2026.
- The last three EV to EBITDA figures came in at 184.71 (Q2 2026), 839.24 (Q1 2026), and 124.95 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trip.com | 26.65 Bn | 15.19 Bn | 1.86 Bn |
| 2 | Yatra Online | 6.38 Bn | 6.42 Bn | 12.97 Mn |
| 3 | Global Business Travel | 4.95 Bn | 4.48 Bn | 514.00 Mn |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 184.71 |
| Mar 31, 2026 | 839.24 |
| Dec 31, 2025 | 124.95 |
| Sep 30, 2025 | 318.97 |
| Jun 30, 2025 | 71.27 |
| Mar 31, 2025 | 53.26 |
| Dec 31, 2024 | 128.00 |
| Sep 30, 2024 | 114.64 |
| Jun 30, 2024 | 62.14 |
| Mar 31, 2024 | 148.03 |
| Dec 31, 2023 | 842.15 |
| Sep 30, 2023 | -534.91 |
| Jun 30, 2023 | 2,094.03 |
| Mar 31, 2023 | -438.44 |
| Dec 31, 2022 | -106.21 |
| Sep 30, 2022 | -74.13 |