Global Business Travel (GBTG) Goodwill (2020 - 2026)
Global Business Travel's Goodwill was $1.66 billion in Q2 2026, up 33.0% from $1.25 billion a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Global Business Travel (GBTG) Goodwill (2020 - 2026) Analysis & Trends
At the end of FY2025, Goodwill at Global Business Travel came in at $1.67 billion, up 39.1% from FY2024.
- Goodwill shows a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- In earlier years, Goodwill was $1.2 billion in FY2024 (-0.9%), $1.21 billion in FY2023 (+2.0%), $1.19 billion in FY2022 (-12.5%) and $1.36 billion in FY2021 (+32.1%).
- Quarterly Goodwill has moved between $1.15 billion (Q3 2022) and $1.67 billion (Q4 2025) over five years.
- Compared with a year earlier, Goodwill has increased for six straight quarters, with growth averaging 17.8% over the last eight quarters.
- The best year-over-year quarter for Goodwill over five years was Q4 2025 (growth of 39.1%); the worst was Q4 2022 (a decline of 12.5%).
- Per Business Quant data, GBTG's Goodwill in the three quarters before Q2 2026 was $1.66 billion (Q1 2026), $1.67 billion (Q4 2025) and $1.56 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 94.30 Bn | 92.35 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 73.03 Bn | 69.51 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 69.73 Bn | 67.31 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.48 Bn | 20.60 Bn | 996.62 Mn |
| 5 | Carnival | 33.80 Bn | 27.01 Bn | - |
| 6 | Intercontinental Hotels | 26.86 Bn | 22.41 Bn | - |
| 7 | Trip.com | 25.10 Bn | -20.45 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.28 Bn | 12.76 Bn | 388.00 Mn |
| 9 | H World | 13.25 Bn | 4.18 Bn | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 Bn |
| Mar 31, 2026 | 1.66 Bn |
| Dec 31, 2025 | 1.67 Bn |
| Sep 30, 2025 | 1.56 Bn |
| Jun 30, 2025 | 1.25 Bn |
| Mar 31, 2025 | 1.22 Bn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.24 Bn |
| Jun 30, 2024 | 1.21 Bn |
| Mar 31, 2024 | 1.21 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 1.19 Bn |
| Jun 30, 2023 | 1.21 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.19 Bn |
| Sep 30, 2022 | 1.15 Bn |
| Jun 30, 2022 | 1.31 Bn |
| Dec 31, 2021 | 1.36 Bn |
| Dec 31, 2020 | 1.03 Bn |
API Access
Global Business Travel Goodwill 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=goodwill&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();