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Global Business Travel (GBTG) Tax Rate (2021 - 2025)

Global Business Travel (GBTG) has 5 years of Tax Rate data on record, last reported at 45.61% in Q4 2025.

  • For Q4 2025, Tax Rate rose 13772.0% year-over-year to 45.61%; the TTM value through Dec 2025 reached 27.21%, up 12017.0%, while the annual FY2025 figure was 27.21%, 12017.0% up from the prior year.
  • Tax Rate reached 45.61% in Q4 2025 per GBTG's latest filing, up from 60.0% in the prior quarter.
  • Across five years, Tax Rate topped out at 337.5% in Q1 2024 and bottomed at 2600.0% in Q2 2024.
  • Average Tax Rate over 5 years is 128.63%, with a median of 20.87% recorded in 2022.
  • Peak YoY movement for Tax Rate: tumbled -260351bps in 2024, then soared 266176bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 23.62% in 2021, then increased by 10bps to 25.88% in 2022, then crashed by -127bps to 6.98% in 2023, then tumbled by -2528bps to 183.33% in 2024, then skyrocketed by 75bps to 45.61% in 2025.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 45.61% in Q4 2025, 60.0% in Q3 2025, and 61.76% in Q2 2025.