Global Business Travel (GBTG) Exchange Rate Effect (2021 - 2026)
Global Business Travel's Exchange Rate Effect came in at -$2 million for Q2 2026, compared with $19 million a year earlier.
Global Business Travel (GBTG) Exchange Rate Effect (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Global Business Travel reported Exchange Rate Effect of -$14 million; for FY2025, it was $19 million.
- Exchange Rate Effect carries a five-year compound annual growth rate of 22.1% (FY2020 to FY2025).
- Going back by year, Exchange Rate Effect was -$13 million in FY2024, $10 million in FY2023, -$12 million in FY2022 and -$7 million in FY2021.
- The five-year range for quarterly Exchange Rate Effect is -$16 million (Q4 2024) to $19 million (Q2 2025).
- Business Quant data shows GBTG's Exchange Rate Effect at -$6 million (Q1 2026), -$2 million (Q4 2025) and -$4 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (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 | 2.00 Mn |
| 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 | 1.95 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 | -1.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | -19.00 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | -2.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.00 Mn |
| Mar 31, 2026 | -6.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | -4.00 Mn |
| Jun 30, 2025 | 19.00 Mn |
| Mar 31, 2025 | 6.00 Mn |
| Dec 31, 2024 | -16.00 Mn |
| Sep 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | -4.00 Mn |
| Mar 31, 2024 | -5.00 Mn |
| Dec 31, 2023 | 13.00 Mn |
| Sep 30, 2023 | -7.00 Mn |
| Mar 31, 2023 | 4.00 Mn |
| Dec 31, 2022 | 18.00 Mn |
| Sep 30, 2022 | -14.00 Mn |
| Jun 30, 2022 | -13.00 Mn |
| Mar 31, 2022 | -3.00 Mn |
| Dec 31, 2021 | -3.00 Mn |
| Sep 30, 2021 | -3.00 Mn |
Global Business Travel Exchange Rate Effect 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=exchange-rate-effect&ticker=GBTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();