Global Business Travel (GBTG) Pension (2021 - 2026)
Global Business Travel (GBTG) reported Pension of $148 million for Q2 2026, down 9.2% from $163 million a year earlier and down 3.9% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Pension (2021 - 2026) Analysis & Trends
At the end of FY2025, Global Business Travel posted Pension of $163 million, up 4.5% from FY2024.
- Pension has a four-year compound annual growth rate of -16.4% (FY2021 to FY2025).
- By year, Pension came in at $156 million in FY2024 (-14.8%), $183 million in FY2023 (+24.5%), $147 million in FY2022 (-55.9%) and $333 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Pension since Q3 2023.
- Year over year, Pension gained in three of the last eight quarters, with an average decline of 0.5%.
- The high point for year-over-year Pension in five years was Q3 2024 (growth of 28.5%); the low point was Q4 2022 (a decline of 55.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $154 million (Q1 2026), $163 million (Q4 2025) and $181 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 94.30 Bn | 92.35 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 73.03 Bn | 69.51 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 69.73 Bn | 67.31 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.48 Bn | 20.60 Bn | 996.62 Mn |
| 5 | Carnival | 33.80 Bn | 27.01 Bn | - |
| 6 | Intercontinental Hotels | 26.86 Bn | 22.41 Bn | - |
| 7 | Trip.com | 25.10 Bn | -20.45 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.28 Bn | 12.76 Bn | 388.00 Mn |
| 9 | H World | 13.25 Bn | 4.18 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 | 148.00 Mn |
| Mar 31, 2026 | 154.00 Mn |
| Dec 31, 2025 | 163.00 Mn |
| Sep 30, 2025 | 181.00 Mn |
| Jun 30, 2025 | 163.00 Mn |
| Mar 31, 2025 | 157.00 Mn |
| Dec 31, 2024 | 156.00 Mn |
| Sep 30, 2024 | 176.00 Mn |
| Jun 30, 2024 | 168.00 Mn |
| Mar 31, 2024 | 176.00 Mn |
| Dec 31, 2023 | 183.00 Mn |
| Sep 30, 2023 | 137.00 Mn |
| Jun 30, 2023 | 146.00 Mn |
| Mar 31, 2023 | 145.00 Mn |
| Dec 31, 2022 | 147.00 Mn |
| Sep 30, 2022 | 253.00 Mn |
| Jun 30, 2022 | 280.00 Mn |
| Dec 31, 2021 | 333.00 Mn |
API Access
Global Business Travel Pension 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=pension&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "pension", "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=pension&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();