Global Business Travel (GBTG) Return on Invested Capital (2022 - 2026)

Global Business Travel's (GBTG) quarterly Return on Invested Capital came in at 0.01% in Q1 2026, up 8.0% year-on-year from 0.01% in Q1 2025, and down 19.97% quarter-over-quarter from 0.01% in Q4 2025.

Global Business Travel (GBTG) Return on Invested Capital (2022 - 2026) Analysis & Trends

Global Business Travel's Return on Invested Capital history runs 5 years deep, the most recent figure standing at 0.01% for Q1 2026.

  • On a quarterly basis, Return on Invested Capital rose 8.0% year-over-year to 0.01% in Q1 2026; TTM through Mar 2026 was 0.01%, a 8.0% increase from a year earlier, with the FY2025 full-year figure at 0.02%, down 15.0% from the prior year.
  • Return on Invested Capital retreated to 0.01% in Q1 2026 per GBTG's latest filing, from 0.01% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.05% in Q4 2024 and bottomed at 0.72% in Q1 2022.
  • The 5-year median for Return on Invested Capital is 0.02% (2023), against an average of 0.09%.
  • Across the five-year window, Return on Invested Capital surged 65 bps in 2023 and decreased 8 bps in 2025, its largest moves.
  • Year by year, Return on Invested Capital stood at 0.12% in 2022, then surged by 97 bps to 0.0% in 2023, then jumped by 1511 bps to 0.05% in 2024, then slumped by 81 bps to 0.01% in 2025, then retreated by 20 bps to 0.01% in 2026.
  • Per Business Quant, the three latest GBTG Return on Invested Capital figures stand at 0.01% (Q1 2026), 0.01% (Q4 2025), and 0.0% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 0.01%
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn -
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 0.00%
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 0.00%
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 0.08%
6 Carnival 34.61 Bn 32.38 Bn - 0.01%
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 0.00%
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 0.00%
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 0.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.01%
Dec 31, 2025 0.01%
Sep 30, 2025 0.00%
Jun 30, 2025 -0.02%
Mar 31, 2025 -0.07%
Dec 31, 2024 0.05%
Sep 30, 2024 0.04%
Jun 30, 2024 0.02%
Mar 31, 2024 0.01%
Dec 31, 2023 0.00%
Sep 30, 2023 -0.02%
Jun 30, 2023 -0.05%
Mar 31, 2023 -0.07%
Dec 31, 2022 -0.12%
Sep 30, 2022 -0.23%
Jun 30, 2022 -0.38%
Mar 31, 2022 -0.72%