Global Business Travel (GBTG) Goodwill & Intangibles (2020 - 2026)
Global Business Travel (GBTG) posted Goodwill & Intangibles of $2.46 billion for Q2 2026, up 43.6% from $1.72 billion a year earlier but down 0.8% from the prior quarter.
Global Business Travel (GBTG) Goodwill & Intangibles (2020 - 2026) Analysis & Trends
At the end of FY2025, Global Business Travel's Goodwill & Intangibles came in at $2.52 billion, up 50.0% from FY2024.
- Annual Goodwill & Intangibles shows a five-year compound annual growth rate of 19.7% (FY2020 to FY2025).
- In prior years, Global Business Travel's Goodwill & Intangibles was $1.68 billion in FY2024 (-4.7%), $1.76 billion in FY2023 (-3.3%), $1.82 billion in FY2022 (-13.3%) and $2.1 billion in FY2021 (+104.7%).
- Quarterly Goodwill & Intangibles has run from a low of $1.68 billion in Q4 2024 to a high of $2.52 billion in Q4 2025 over five years.
- On a year-over-year basis, Goodwill & Intangibles has increased in each of the last five quarters, with growth averaging 20.7% over the last eight quarters.
- The strongest year-over-year quarter for Goodwill & Intangibles in the past five years was Q4 2021, with growth of 104.7%; the weakest was Q4 2022, with a decline of 13.3%.
- According to Business Quant data, Goodwill & Intangibles for the three prior quarters was $2.48 billion (Q1 2026), $2.52 billion (Q4 2025) and $2.32 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.46 Bn |
| Mar 31, 2026 | 2.48 Bn |
| Dec 31, 2025 | 2.52 Bn |
| Sep 30, 2025 | 2.32 Bn |
| Jun 30, 2025 | 1.72 Bn |
| Mar 31, 2025 | 1.69 Bn |
| Dec 31, 2024 | 1.68 Bn |
| Sep 30, 2024 | 1.74 Bn |
| Jun 30, 2024 | 1.71 Bn |
| Mar 31, 2024 | 1.73 Bn |
| Dec 31, 2023 | 1.76 Bn |
| Sep 30, 2023 | 1.76 Bn |
| Jun 30, 2023 | 1.80 Bn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | 1.82 Bn |
| Sep 30, 2022 | 1.80 Bn |
| Jun 30, 2022 | 1.99 Bn |
| Dec 31, 2021 | 2.10 Bn |
| Dec 31, 2020 | 1.03 Bn |
Global Business Travel Goodwill & Intangibles 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-and-intangibles&ticker=GBTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();