Global Business Travel (GBTG) Minority Interest (2021 - 2026)
Global Business Travel (GBTG) recorded quarterly Minority Interest of $5.0 million in Q1 2026, down 89.8% quarter-over-quarter from $49.0 million in Q4 2025, and down 16.67% on a YoY basis from $6.0 million in Q1 2025.
Global Business Travel (GBTG) Minority Interest (2021 - 2026) Analysis & Trends
Global Business Travel's Minority Interest history runs 6 years deep, the most recent figure standing at $5.0 million for Q1 2026.
- In Q1 2026, Minority Interest fell 16.67% year-over-year to $5.0 million; the TTM figure through Mar 2026 stood at $5.0 million (down 16.67% YoY), while the FY2025 annual figure was $49.0 million, changed N/A from the prior year.
- Minority Interest was $5.0 million for Q1 2026 at Global Business Travel, down from $49.0 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $1.2 billion in Q4 2022 to a low of $3.0 million in Q3 2023.
- Historically, Minority Interest has averaged $324.5 million across 5 years, with a median of $6.0 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Minority Interest surged 937.5% in 2023, then sank 99.75% in 2024.
- A 5-year view of Minority Interest shows it stood at $1.2 billion in 2022, then plunged by 99.67% to $4.0 million in 2023, then grew by 25.0% to $5.0 million in 2024, then surged by 880.0% to $49.0 million in 2025, then slumped by 89.8% to $5.0 million in 2026.
- The last three Minority Interest figures came in at $5.0 million (Q1 2026), $49.0 million (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.00 Mn |
| Dec 31, 2025 | 49.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 6.00 Mn |
| Sep 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | 1.16 Bn |
| Mar 31, 2023 | 1.19 Bn |
| Dec 31, 2022 | 1.22 Bn |
| Sep 30, 2022 | 1.09 Bn |
| Jun 30, 2022 | 112.00 Mn |
| Dec 31, 2021 | 160.00 Mn |