Global Business Travel (GBTG) Market Capitalization (2022 - 2026)
Global Business Travel (GBTG) reported Market Capitalization of $4.91 billion for Q2 2026, up 62.6% from $3.02 billion a year earlier and up 68.6% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Market Capitalization (2022 - 2026) Analysis & Trends
For FY2025, Global Business Travel posted Market Capitalization of $4.01 billion, down 8.3% from FY2024.
- Market Capitalization has a three-year compound annual growth rate of 8.7% (FY2022 to FY2025).
- By year, Market Capitalization came in at $4.37 billion in FY2024 (+45.7%), $3 billion in FY2023 (-3.9%) and $3.12 billion in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Market Capitalization in data going back to Q3 2022.
- Year over year, Market Capitalization gained in five of the last eight quarters, with growth averaging 20.1%.
- The high point for year-over-year Market Capitalization in five years was Q2 2026 (growth of 62.6%); the low point was Q1 2026 (a decline of 16.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.91 billion (Q1 2026), $4.01 billion (Q4 2025) and $4.25 billion (Q3 2025).
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 | 4.91 Bn |
| Mar 31, 2026 | 2.91 Bn |
| Dec 31, 2025 | 4.01 Bn |
| Sep 30, 2025 | 4.25 Bn |
| Jun 30, 2025 | 3.02 Bn |
| Mar 31, 2025 | 3.48 Bn |
| Dec 31, 2024 | 4.37 Bn |
| Sep 30, 2024 | 3.61 Bn |
| Jun 30, 2024 | 3.12 Bn |
| Mar 31, 2024 | 2.84 Bn |
| Dec 31, 2023 | 3.00 Bn |
| Sep 30, 2023 | 2.57 Bn |
| Jun 30, 2023 | 3.36 Bn |
| Mar 31, 2023 | 3.08 Bn |
| Dec 31, 2022 | 3.12 Bn |
| Sep 30, 2022 | 2.55 Bn |
API Access
Global Business Travel Market Capitalization 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=market-capitalization&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();