Global Business Travel (GBTG) Minority Interest (2021 - 2026)
Global Business Travel's (GBTG) quarterly Minority Interest came in at $50.0 million in Q1 2026, up 733.33% year-on-year from $6.0 million in Q1 2025, and up 2.04% quarter-over-quarter from $49.0 million in Q4 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 $50.0 million for Q1 2026.
- On a quarterly basis, Minority Interest rose 733.33% year-over-year to $50.0 million in Q1 2026; TTM through Mar 2026 was $50.0 million, a 733.33% increase from a year earlier, with the FY2025 full-year figure at $49.0 million, up 716.67% from the prior year.
- Minority Interest improved to $50.0 million in Q1 2026 per GBTG's latest filing, from $49.0 million in the prior quarter.
- Across five years, Minority Interest topped out at $1.2 billion in Q4 2022 and bottomed at -$14.0 million in Q2 2022.
- The 5-year median for Minority Interest is $6.0 million (2024), against an average of $299.5 million.
- Across the five-year window, Minority Interest surged 8400.0% in 2023 and sank 99.75% in 2024, its largest moves.
- Year by year, Minority Interest stood at $1.2 billion in 2022, then slumped by 99.67% to $4.0 million in 2023, then surged by 50.0% to $6.0 million in 2024, then soared by 716.67% to $49.0 million in 2025, then grew by 2.04% to $50.0 million in 2026.
- Per Business Quant, the three latest GBTG Minority Interest figures stand at $50.0 million (Q1 2026), $49.0 million (Q4 2025), and $5.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.00 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 |
| Dec 31, 2024 | 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 | -14.00 Mn |
| Dec 31, 2021 | 160.00 Mn |