Global Business Travel (GBTG) FCF Margin (2020 - 2026)
Global Business Travel (GBTG) posted FCF Margin of 11.84% for Q2 2026, up 291.25% on a QoQ basis from 6.19% in Q1 2026, and up 756.0% year-over-year from 1.38% in Q2 2025.
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Global Business Travel (GBTG) FCF Margin (2020 - 2026) Analysis & Trends
Global Business Travel has reported FCF Margin for 7 years, with the latest figure at 11.84% in Q2 2026.
- On a quarterly basis, FCF Margin rose 756.0% year-over-year to 11.84% in Q2 2026; TTM through Jun 2026 was 3.21%, a 273.0% decrease from a year earlier, with the FY2025 full-year figure at 3.83%, down 298.0% from the prior year.
- FCF Margin was 11.84% for Q2 2026 at Global Business Travel, up from 6.19% in the prior quarter.
- The five-year high for FCF Margin was 18.74% in Q3 2023, with the low at 50.0% in Q1 2022.
- Average FCF Margin over 5 years is 3.13%, with a median of 4.06% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: FCF Margin surged 11780 bps in 2022, then plunged 1038 bps in 2026.
- Over 5 years, FCF Margin stood at 4.74% in 2022, then jumped by 223 bps to 5.83% in 2023, then decreased by 4 bps to 5.58% in 2024, then plunged by 71 bps to 1.64% in 2025, then surged by 621 bps to 11.84% in 2026.
- The last three FCF Margin figures came in at 11.84% (Q2 2026), 6.19% (Q1 2026), and 1.64% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (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 | -36.26% |
| 3 | Global Business Travel | 4.95 Bn | 4.48 Bn | 514.00 Mn | 11.84% |
| 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 | 11.84% |
| Mar 31, 2026 | -6.19% |
| Dec 31, 2025 | 1.64% |
| Sep 30, 2025 | 5.64% |
| Jun 30, 2025 | 4.28% |
| Mar 31, 2025 | 4.19% |
| Dec 31, 2024 | 5.58% |
| Sep 30, 2024 | 9.88% |
| Jun 30, 2024 | 7.84% |
| Mar 31, 2024 | 3.93% |
| Dec 31, 2023 | 5.83% |
| Sep 30, 2023 | 18.74% |
| Jun 30, 2023 | 3.21% |
| Mar 31, 2023 | -18.86% |
| Dec 31, 2022 | -4.74% |
| Sep 30, 2022 | -22.95% |
| Jun 30, 2022 | -36.21% |
| Mar 31, 2022 | -50.00% |
| Dec 31, 2021 | -64.46% |
| Sep 30, 2021 | -59.39% |