Global Business Travel (GBTG) Return on Assets [ROA] (2021 - 2026)
Global Business Travel (GBTG) reported Return on Assets [ROA] of 1.81% for Q2 2026, up 3.17 percentage points from -1.36% a year earlier and up 0.01 percentage points from the prior quarter.
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Analysis
Global Business Travel (GBTG) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Global Business Travel posted Return on Assets [ROA] of 2.60%, up 6.23 percentage points from FY2024.
- Return on Assets [ROA] has a five-year change of +153.88 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at -3.63% in FY2024 (unchanged), -3.64% in FY2023 (+2.47 pp), -6.11% in FY2022 (+14.59 pp) and -20.70% in FY2021 (+130.58 pp).
- Five-year quarterly Return on Assets [ROA] spans a low of -20.70% in Q4 2021 and a high of 2.29% in Q4 2025.
- Year over year, Return on Assets [ROA] has now increased in each of the last four quarters, with an average year-over-year change of +2.28 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was Q1 2023 (a gain of 15.40 percentage points); the low point was Q3 2024 (a drop of 0.51 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.80% (Q1 2026), 2.29% (Q4 2025) and 0.32% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn | 9.25% |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn | 10.22% |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn | 9.51% |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn | 9.99% |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - | 6.08% |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn | 5.17% |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn | 0.58% |
| 9 | H World | 12.83 Bn | 3.76 Bn | - | 15.11% |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 1.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.81% |
| Mar 31, 2026 | 1.80% |
| Dec 31, 2025 | 2.29% |
| Sep 30, 2025 | 0.32% |
| Jun 30, 2025 | -1.36% |
| Mar 31, 2025 | -1.08% |
| Dec 31, 2024 | -3.63% |
| Sep 30, 2024 | -4.41% |
| Jun 30, 2024 | -1.21% |
| Mar 31, 2024 | -3.37% |
| Dec 31, 2023 | -3.56% |
| Sep 30, 2023 | -3.89% |
| Jun 30, 2023 | -5.50% |
| Mar 31, 2023 | -4.30% |
| Dec 31, 2022 | -6.17% |
| Sep 30, 2022 | -9.69% |
| Jun 30, 2022 | -17.09% |
| Mar 31, 2022 | -19.70% |
| Dec 31, 2021 | -20.70% |
API Access
Global Business Travel Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();