Global Business Travel (GBTG) EV to FCF (2023 - 2026)
Global Business Travel's (GBTG) EV to FCF came in at 43.46 for Q2 2026, up 160.1% from 16.71 a year earlier but down 55.1% from the prior quarter.
Global Business Travel (GBTG) EV to FCF (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Global Business Travel was 30.69, up 448.5% year-over-year; for FY2025, it came in at 34.84, up 49.7% from FY2024.
- In prior years, Global Business Travel's EV to FCF was 23.27 in FY2024 (-54.9%) and 51.56 in FY2023.
- Quarterly EV to FCF has run from a low of 12.31 in Q2 2024 to a high of 96.84 in Q1 2026 over five years.
- On a year-over-year basis, EV to FCF has increased in each of the last six quarters, with growth averaging 105.9% over the last seven quarters.
- According to Business Quant data, EV to FCF for the three prior quarters was 96.84 (Q1 2026), 34.84 (Q4 2025) and 30.87 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.46 |
| Mar 31, 2026 | 96.84 |
| Dec 31, 2025 | 34.84 |
| Sep 30, 2025 | 30.87 |
| Jun 30, 2025 | 16.71 |
| Mar 31, 2025 | 17.54 |
| Dec 31, 2024 | 23.27 |
| Sep 30, 2024 | 18.87 |
| Jun 30, 2024 | 12.31 |
| Mar 31, 2024 | 13.01 |
| Dec 31, 2023 | 51.56 |
Global Business Travel EV to FCF 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=ev-to-fcf&ticker=GBTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();