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| Date | Value |
|---|---|
| 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% |