Global Business Travel (GBTG) Interest Coverage Ratio (2021 - 2026)
Global Business Travel (GBTG) posted quarterly Interest Coverage Ratio of 0.11 for Q1 2026, down 93.94% year-over-year from 1.83 in Q1 2025, and down 90.8% quarter-over-quarter from 1.21 in Q4 2025.
Global Business Travel (GBTG) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Global Business Travel's Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 0.11 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 93.94% year-over-year to 0.11; the TTM figure through Mar 2026 stood at 0.8 (down 41.08% YoY), while the FY2025 annual figure was 0.35, down 55.2% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.11, down from 1.21 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.83 in Q1 2025, with the low at 5.05 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 0.11 (2026), against an average of 0.01.
- The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio soared 2196.88% in 2024, then slumped 93.94% in 2026.
- Global Business Travel's Interest Coverage Ratio stood at 1.41 in 2022, then soared by 106.09% to 0.09 in 2023, then surged by 1358.33% to 1.25 in 2024, then slipped by 3.33% to 1.21 in 2025, then slumped by 90.8% to 0.11 in 2026.
- Business Quant data shows GBTG's Interest Coverage Ratio at 0.11 in Q1 2026, 1.21 in Q4 2025, and 0.5 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn | 8.28 |
| 2 | Airbnb | 106.78 Bn | 94.71 Bn | 2.98 Bn | 3.97 |
| 3 | Royal Caribbean Cruises | 80.66 Bn | 79.74 Bn | 2.29 Bn | 5.54 |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn | 10.00 |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn | 13.11 |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - | 1.25 |
| 7 | Trip.com | 29.13 Bn | 17.43 Bn | 1.86 Bn | -33.50 |
| 8 | Norwegian Cruise Line Holdings | 8.43 Bn | 8.21 Bn | 1.05 Bn | 15.97 |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn | 1.25 |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.75 |
| Mar 31, 2026 | 0.11 |
| Dec 31, 2025 | 1.21 |
| Sep 30, 2025 | 0.50 |
| Jun 30, 2025 | 1.48 |
| Mar 31, 2025 | 1.83 |
| Dec 31, 2024 | 1.25 |
| Sep 30, 2024 | 0.96 |
| Jun 30, 2024 | 1.31 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | -0.11 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | -0.26 |
| Dec 31, 2022 | -1.41 |
| Sep 30, 2022 | -1.73 |
| Jun 30, 2022 | -0.79 |
| Mar 31, 2022 | -5.05 |
| Dec 31, 2021 | -19.30 |
| Sep 30, 2021 | -9.54 |