Global Business Travel (GBTG) Long-Term Deferred Tax (2021 - 2026)
Global Business Travel's Long-Term Deferred Tax came in at $318 million for Q2 2026, up 16.1% from $274 million a year earlier but down 3.6% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Long-Term Deferred Tax (2021 - 2026) Analysis & Trends
At the end of FY2025, Global Business Travel's Long-Term Deferred Tax was $298 million, up 11.2% from FY2024.
- Long-Term Deferred Tax carries a four-year compound annual growth rate of 1.4% (FY2021 to FY2025).
- Going back by year, Long-Term Deferred Tax was $268 million in FY2024 (-4.6%), $281 million in FY2023 (-15.6%), $333 million in FY2022 (+18.1%) and $282 million in FY2021.
- The five-year range for quarterly Long-Term Deferred Tax is $253 million (Q3 2024) to $340 million (Q2 2023).
- Year-over-year, Long-Term Deferred Tax has increased for six consecutive quarters, with growth averaging 4.8% over the last eight quarters.
- The fastest year-over-year change in Long-Term Deferred Tax over five years came in Q2 2023 (growth of 27.3%), and the weakest in Q1 2024 (a decline of 22.1%).
- Business Quant data shows GBTG's Long-Term Deferred Tax at $330 million (Q1 2026), $298 million (Q4 2025) and $265 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 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 | 318.00 Mn |
| Mar 31, 2026 | 330.00 Mn |
| Dec 31, 2025 | 298.00 Mn |
| Sep 30, 2025 | 265.00 Mn |
| Jun 30, 2025 | 274.00 Mn |
| Mar 31, 2025 | 274.00 Mn |
| Dec 31, 2024 | 268.00 Mn |
| Sep 30, 2024 | 253.00 Mn |
| Jun 30, 2024 | 268.00 Mn |
| Mar 31, 2024 | 264.00 Mn |
| Dec 31, 2023 | 281.00 Mn |
| Sep 30, 2023 | 299.00 Mn |
| Jun 30, 2023 | 340.00 Mn |
| Mar 31, 2023 | 339.00 Mn |
| Dec 31, 2022 | 333.00 Mn |
| Sep 30, 2022 | 279.00 Mn |
| Jun 30, 2022 | 267.00 Mn |
| Dec 31, 2021 | 282.00 Mn |
API Access
Global Business Travel Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();