Global Business Travel (GBTG) Return on Equity [ROE] (2021 - 2026)
Global Business Travel (GBTG) posted Return on Equity [ROE] of 5.65% for Q2 2026, up 10.10 percentage points from -4.46% a year earlier and up 0.07 percentage points from the prior quarter.
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Analysis
Global Business Travel (GBTG) Return on Equity [ROE] (2021 - 2026) Analysis & Trends
For FY2025, Global Business Travel's Return on Equity [ROE] came in at 8.32%, up 20.13 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +54.75 percentage points (FY2020 to FY2025).
- In prior years, Global Business Travel's Return on Equity [ROE] was -11.81% in FY2024 (-1.28 pp), -10.53% in FY2023 (+6.40 pp), -16.93% in FY2022 (+24.05 pp) and -40.98% in FY2021 (+5.45 pp).
- Quarterly Return on Equity [ROE] has run from a low of -46.89% in Q4 2021 to a high of 7.06% in Q4 2025 over five years.
- On a year-over-year basis, Return on Equity [ROE] has increased in each of the last four quarters, with an average year-over-year change of +7.09 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q4 2022, with a gain of 28.86 percentage points; the weakest was Q3 2024, with a drop of 2.49 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 5.58% (Q1 2026), 7.06% (Q4 2025) and 1.02% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | - |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | - |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 43.21% |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 99.13% |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 23.08% |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 8.26% |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 2.26% |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 76.12% |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 5.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.65% |
| Mar 31, 2026 | 5.58% |
| Dec 31, 2025 | 7.06% |
| Sep 30, 2025 | 1.02% |
| Jun 30, 2025 | -4.46% |
| Mar 31, 2025 | -3.66% |
| Dec 31, 2024 | -12.39% |
| Sep 30, 2024 | -14.29% |
| Jun 30, 2024 | -3.85% |
| Mar 31, 2024 | -10.73% |
| Dec 31, 2023 | -11.03% |
| Sep 30, 2023 | -11.80% |
| Jun 30, 2023 | -16.20% |
| Mar 31, 2023 | -12.12% |
| Dec 31, 2022 | -18.03% |
| Sep 30, 2022 | -30.06% |
| Jun 30, 2022 | -31.92% |
| Mar 31, 2022 | -35.20% |
| Dec 31, 2021 | -46.89% |
API Access
Global Business Travel Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();