Global Business Travel (GBTG) Shares Outstanding (2019 - 2026)
Global Business Travel (GBTG) posted Shares Outstanding of 513.8 million for Q2 2026, up 9.1% from 470.88 million a year earlier and up 0.2% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Shares Outstanding (2019 - 2026) Analysis & Trends
For FY2025, Global Business Travel's Shares Outstanding came in at 484.52 million, up 4.7% from FY2024.
- Annual Shares Outstanding has increased for three consecutive years, with a five-year compound annual growth rate of 37.3% (FY2020 to FY2025).
- In prior years, Global Business Travel's Shares Outstanding was 462.7 million in FY2024 (+83.9%), 251.65 million in FY2023 (+390.9%), 51.27 million in FY2022 (-49.8%) and 102.1 million in FY2021 (+2.7%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q4 2019.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 13 quarters, with growth averaging 15.7% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding in the past five years was Q3 2023, with growth of 757.7%; the weakest was Q2 2022, with a decline of 52.1%.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 512.8 million (Q1 2026), 484.52 million (Q4 2025) and 485.82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 263.90 Mn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 227.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 268.00 Mn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 443.50 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 1.36 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | 154.40 Mn |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 657.75 Mn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 94.30 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 307.09 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 513.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 513.80 Mn |
| Mar 31, 2026 | 512.80 Mn |
| Dec 31, 2025 | 484.52 Mn |
| Sep 30, 2025 | 485.82 Mn |
| Jun 30, 2025 | 470.88 Mn |
| Mar 31, 2025 | 465.87 Mn |
| Dec 31, 2024 | 462.70 Mn |
| Sep 30, 2024 | 462.29 Mn |
| Jun 30, 2024 | 464.60 Mn |
| Mar 31, 2024 | 461.39 Mn |
| Dec 31, 2023 | 251.65 Mn |
| Sep 30, 2023 | 419.15 Mn |
| Jun 30, 2023 | 61.85 Mn |
| Mar 31, 2023 | 60.38 Mn |
| Dec 31, 2022 | 51.27 Mn |
| Sep 30, 2022 | 48.87 Mn |
| Jun 30, 2022 | 48.87 Mn |
| Mar 31, 2022 | 102.10 Mn |
| Dec 31, 2021 | 102.10 Mn |
| Sep 30, 2021 | 102.10 Mn |
API Access
Global Business Travel Shares Outstanding 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=shares-outstanding&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();