Global Business Travel (GBTG) Non-Current Debt (2021 - 2026)
Global Business Travel (GBTG) reported Non-Current Debt of $1.45 billion for Q2 2026, up 6.5% from $1.36 billion a year earlier but down 0.3% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Non-Current Debt (2021 - 2026) Analysis & Trends
At the end of FY2025, Global Business Travel posted Non-Current Debt of $1.36 billion, down 0.4% from FY2024.
- Non-Current Debt has a four-year compound annual growth rate of 7.5% (FY2021 to FY2025).
- By year, Non-Current Debt came in at $1.37 billion in FY2024 (+0.7%), $1.36 billion in FY2023 (+11.2%), $1.22 billion in FY2022 (+19.5%) and $1.02 billion in FY2021.
- Five-year quarterly Non-Current Debt spans a low of $1.02 billion in Q4 2021 and a high of $1.46 billion in Q1 2026.
- Year over year, Non-Current Debt gained in six of the last eight quarters, with growth averaging 1.9%.
- The high point for year-over-year Non-Current Debt in five years was Q4 2022 (growth of 19.5%); the low point was Q4 2025 (a decline of 0.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.46 billion (Q1 2026), $1.36 billion (Q4 2025) and $1.37 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 94.30 Bn | 92.35 Bn | 1.55 Bn | 16.46 Bn |
| 2 | Hilton Worldwide Holdings | 73.03 Bn | 69.51 Bn | 3.08 Bn | 12.72 Bn |
| 3 | Royal Caribbean Cruises | 69.73 Bn | 67.31 Bn | 2.29 Bn | 21.26 Bn |
| 4 | Viking Holdings | 35.48 Bn | 20.60 Bn | 996.62 Mn | 5.74 Bn |
| 5 | Carnival | 33.80 Bn | 27.01 Bn | - | 21.88 Bn |
| 6 | Intercontinental Hotels | 26.86 Bn | 22.41 Bn | - | -1.05 Bn |
| 7 | Trip.com | 25.10 Bn | -20.45 Bn | 1.84 Bn | 93.00 Mn |
| 8 | Hyatt Hotels | 15.28 Bn | 12.76 Bn | 388.00 Mn | 3.68 Bn |
| 9 | H World | 13.25 Bn | 4.18 Bn | - | 489.00 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.45 Bn |
| Mar 31, 2026 | 1.46 Bn |
| Dec 31, 2025 | 1.36 Bn |
| Sep 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 1.36 Bn |
| Mar 31, 2025 | 1.37 Bn |
| Dec 31, 2024 | 1.37 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | 1.36 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | 1.35 Bn |
| Jun 30, 2023 | 1.35 Bn |
| Mar 31, 2023 | 1.35 Bn |
| Dec 31, 2022 | 1.22 Bn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 1.22 Bn |
| Dec 31, 2021 | 1.02 Bn |
| Jun 30, 2021 | 1.50 Mn |
| Mar 31, 2021 | 1.50 Mn |
API Access
Global Business Travel Non-Current Debt 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=non-current-debt&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();