Global Business Travel (GBTG) Price to Sales (2022 - 2026)
Global Business Travel's (GBTG) Price to Sales stood at 1.54 in Q2 2026, up 24.9% from 1.24 a year earlier and up 55.9% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Price to Sales (2022 - 2026) Analysis & Trends
For FY2025, Global Business Travel's Price to Sales came in at 1.47, down 18.2% from FY2024.
- Across earlier years, Price to Sales came in at 1.80 in FY2024 (+37.7%), 1.31 in FY2023 (-22.3%) and 1.69 in FY2022.
- Quarterly Price to Sales has ranged from 0.99 in Q1 2026 to 1.80 in Q4 2024 over the past five years.
- On a year-over-year basis, Price to Sales rose in five of the last eight quarters, with growth averaging 8.6%.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 37.7% in Q4 2024, against a decline of 30.6% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.99 (Q1 2026), 1.47 (Q4 2025) and 1.69 (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 | 1.54 |
| Mar 31, 2026 | 0.99 |
| Dec 31, 2025 | 1.47 |
| Sep 30, 2025 | 1.69 |
| Jun 30, 2025 | 1.24 |
| Mar 31, 2025 | 1.43 |
| Dec 31, 2024 | 1.80 |
| Sep 30, 2024 | 1.52 |
| Jun 30, 2024 | 1.33 |
| Mar 31, 2024 | 1.22 |
| Dec 31, 2023 | 1.31 |
| Sep 30, 2023 | 1.13 |
| Jun 30, 2023 | 1.54 |
| Mar 31, 2023 | 1.48 |
| Dec 31, 2022 | 1.69 |
| Sep 30, 2022 | 1.59 |
API Access
Global Business Travel Price to Sales 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-sales&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();