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Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Global Business Travel (GBTG) Gross Margin (2021 - 2026)

Global Business Travel has reported Gross Margin over the past 6 years, most recently at 85.0% for Q1 2026.

  • For Q1 2026, Gross Margin rose 159.0% year-over-year to 85.0%; the TTM value through Mar 2026 reached 92.99%, up 2688.0%, while the annual FY2025 figure was 83.74%, 2365.0% up from the prior year.
  • Gross Margin for Q1 2026 was 85.0% at Global Business Travel, down from 138.01% in the prior quarter.
  • Over five years, Gross Margin peaked at 138.01% in Q4 2025 and troughed at 50.57% in Q1 2022.
  • A 5-year average of 72.99% and a median of 60.48% in 2024 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: tumbled -2406bps in 2023 and later skyrocketed 7828bps in 2025.
  • Year by year, Gross Margin stood at 54.08% in 2022, then soared by 53bps to 82.88% in 2023, then decreased by -28bps to 59.73% in 2024, then surged by 131bps to 138.01% in 2025, then crashed by -38bps to 85.0% in 2026.
  • Business Quant data shows Gross Margin for GBTG at 85.0% in Q1 2026, 138.01% in Q4 2025, and 59.94% in Q3 2025.