Global Business Travel (GBTG) Price to FCF (2023 - 2026)
Global Business Travel's Price to FCF was 48.09 in Q2 2026, up 131.1% from 20.81 a year earlier but down 57.0% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Price to FCF (2023 - 2026) Analysis & Trends
For FY2025, Price to FCF at Global Business Travel came in at 38.54, up 45.5% from FY2024.
- In earlier years, Price to FCF was 26.48 in FY2024 (-56.7%) and 61.19 in FY2023.
- Quarterly Price to FCF has moved between 14.72 (Q2 2024) and 111.91 (Q1 2026) over five years.
- Compared with a year earlier, Price to FCF has increased for six straight quarters, with growth averaging 98.3% over the last seven quarters.
- Per Business Quant data, GBTG's Price to FCF in the three quarters before Q2 2026 was 111.91 (Q1 2026), 38.54 (Q4 2025) and 34.27 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn |
| 9 | H World | 12.83 Bn | 3.76 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 | 48.09 |
| Mar 31, 2026 | 111.91 |
| Dec 31, 2025 | 38.54 |
| Sep 30, 2025 | 34.27 |
| Jun 30, 2025 | 20.81 |
| Mar 31, 2025 | 20.81 |
| Dec 31, 2024 | 26.48 |
| Sep 30, 2024 | 22.04 |
| Jun 30, 2024 | 14.72 |
| Mar 31, 2024 | 15.61 |
| Dec 31, 2023 | 61.19 |
API Access
Global Business Travel Price to FCF 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=price-to-fcf&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();