Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
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 - 2025)

Global Business Travel has reported Gross Margin over the past 5 years, most recently at 84.85% for Q4 2025.

  • Quarterly results put Gross Margin at 84.85% for Q4 2025, up 228.0% from a year ago — trailing twelve months through Dec 2025 was 68.25% (down 913.0% YoY), and the annual figure for FY2025 was 83.74%, up 25.0%.
  • Gross Margin for Q4 2025 was 84.85% at Global Business Travel, up from 59.94% in the prior quarter.
  • Over the last five years, Gross Margin for GBTG hit a ceiling of 148.01% in Q4 2022 and a floor of 20.4% in Q4 2023.
  • Median Gross Margin over the past 5 years was 62.8% (2025), compared with a mean of 67.59%.
  • Biggest five-year swings in Gross Margin: tumbled -16841bps in 2023 and later skyrocketed 10297bps in 2024.
  • Global Business Travel's Gross Margin stood at 78.4% in 2021, then skyrocketed by 89bps to 148.01% in 2022, then tumbled by -114bps to 20.4% in 2023, then skyrocketed by 505bps to 82.57% in 2024, then increased by 3bps to 84.85% in 2025.
  • The last three reported values for Gross Margin were 84.85% (Q4 2025), 59.94% (Q3 2025), and 61.65% (Q2 2025) per Business Quant data.