Growth Metrics

Global Business Travel (GBTG) Net Margin (2020 - 2025)

Global Business Travel (GBTG) has 6 years of Net Margin data on record, last reported at 10.48% in Q4 2025.

  • For Q4 2025, Net Margin rose 1319.0% year-over-year to 10.48%; the TTM value through Dec 2025 reached 4.01%, up 971.0%, while the annual FY2025 figure was 4.01%, 971.0% up from the prior year.
  • Net Margin reached 10.48% in Q4 2025 per GBTG's latest filing, up from 9.2% in the prior quarter.
  • Across five years, Net Margin topped out at 12.08% in Q1 2025 and bottomed at 21.61% in Q3 2024.
  • Average Net Margin over 5 years is 1.48%, with a median of 1.22% recorded in 2022.
  • Peak YoY movement for Net Margin: crashed -669bps in 2023, then surged 1519bps in 2025.
  • A 5-year view of Net Margin shows it stood at 1.16% in 2021, then crashed by -326bps to 4.93% in 2022, then crashed by -74bps to 8.56% in 2023, then soared by 68bps to 2.71% in 2024, then soared by 487bps to 10.48% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 10.48% in Q4 2025, 9.2% in Q3 2025, and 2.06% in Q2 2025.