Global Business Travel (GBTG) Shares Outstanding (Entity) (2019 - 2026)
Global Business Travel (GBTG) recorded Shares Outstanding (Entity) of 522.37 million in Q2 2026, up 9.1% from 478.92 million a year earlier and up 0.2% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Shares Outstanding (Entity) (2019 - 2026) Analysis & Trends
For FY2025, Global Business Travel reported Shares Outstanding (Entity) of 524 million, up 11.3% from FY2024.
- Annual Shares Outstanding (Entity) has increased for six straight years, with a five-year compound annual growth rate of 45.0% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Entity) came in at 470.9 million in FY2024 (+1.3%), 464.88 million in FY2023 (+0.6%), 462.2 million in FY2022 (+318.2%) and 110.52 million in FY2021 (+35.3%).
- Quarterly Shares Outstanding (Entity) has ranged from 110.52 million in Q3 2021 to 525.95 million in Q3 2025 over the past five years.
- On a year-over-year basis, Shares Outstanding (Entity) has increased for 20 consecutive quarters, with growth averaging 5.7% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Entity) ran from 0.6% in Q4 2023 to 452.6% in Q2 2022.
- Per Business Quant, the preceding three quarters came in at 521.46 million (Q1 2026), 524 million (Q4 2025) and 525.95 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 260.77 Mn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 225.70 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 267.45 Mn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | - |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 1.34 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 94.30 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 522.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 522.37 Mn |
| Mar 31, 2026 | 521.46 Mn |
| Dec 31, 2025 | 524.00 Mn |
| Sep 30, 2025 | 525.95 Mn |
| Jun 30, 2025 | 478.92 Mn |
| Mar 31, 2025 | 478.70 Mn |
| Dec 31, 2024 | 470.90 Mn |
| Sep 30, 2024 | 470.00 Mn |
| Jun 30, 2024 | 472.86 Mn |
| Mar 31, 2024 | 472.62 Mn |
| Dec 31, 2023 | 464.88 Mn |
| Sep 30, 2023 | 467.02 Mn |
| Jun 30, 2023 | 464.88 Mn |
| Mar 31, 2023 | 463.95 Mn |
| Dec 31, 2022 | 462.20 Mn |
| Sep 30, 2022 | 451.39 Mn |
| Jun 30, 2022 | 451.39 Mn |
| Mar 31, 2022 | 110.52 Mn |
| Dec 31, 2021 | 110.52 Mn |
| Sep 30, 2021 | 110.52 Mn |
API Access
Global Business Travel Shares Outstanding (Entity) 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-entity&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();