Global Business Travel (GBTG) Return on Sales [ROS] (2021 - 2026)
Global Business Travel's Return on Sales [ROS] was 2.76% in Q2 2026, down 2.63 percentage points from 5.39% a year earlier but up 2.40 percentage points from the prior quarter.
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Analysis
Global Business Travel (GBTG) Return on Sales [ROS] (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Business Travel's Return on Sales [ROS] was 2.14% through Jun 30, 2026, down 3.84 percentage points year-over-year; for FY2025, it came in at 4.78%, up 0.04 percentage points from FY2024.
- Return on Sales [ROS] has now increased for five consecutive years, with a five-year change of +98.98 percentage points (FY2020 to FY2025).
- In earlier years, Return on Sales [ROS] was 4.75% in FY2024 (+5.10 pp), -0.35% in FY2023 (+10.35 pp), -10.70% in FY2022 (+62.70 pp) and -73.39% in FY2021 (+20.80 pp).
- Quarterly Return on Sales [ROS] has moved between -67.25% (Q4 2021) and 8.86% (Q1 2025) over five years.
- Compared with a year earlier, Return on Sales [ROS] has declined for five straight quarters, with an average year-over-year change of -0.08 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Sales [ROS] over five years was Q2 2022 (a gain of 70.60 percentage points); the worst was Q1 2026 (a drop of 8.50 percentage points).
- Per Business Quant data, GBTG's Return on Sales [ROS] in the three quarters before Q2 2026 was 0.36% (Q1 2026), 3.66% (Q4 2025) and 1.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn | 17.38% |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn | 27.05% |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn | 25.68% |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn | 29.40% |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - | 26.32% |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn | -9.30% |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn | -71.84% |
| 9 | H World | 12.83 Bn | 3.76 Bn | - | 31.02% |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 2.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.76% |
| Mar 31, 2026 | 0.36% |
| Dec 31, 2025 | 3.66% |
| Sep 30, 2025 | 1.78% |
| Jun 30, 2025 | 5.39% |
| Mar 31, 2025 | 8.86% |
| Dec 31, 2024 | 5.08% |
| Sep 30, 2024 | 4.52% |
| Jun 30, 2024 | 6.72% |
| Mar 31, 2024 | 2.62% |
| Dec 31, 2023 | 0.55% |
| Sep 30, 2023 | -0.70% |
| Jun 30, 2023 | 0.34% |
| Mar 31, 2023 | -1.56% |
| Dec 31, 2022 | -7.21% |
| Sep 30, 2022 | -9.22% |
| Jun 30, 2022 | -3.91% |
| Mar 31, 2022 | -27.43% |
| Dec 31, 2021 | -67.25% |
| Sep 30, 2021 | -62.94% |
API Access
Global Business Travel Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();