Global Business Travel (GBTG) Tax Rate (2021 - 2026)

Global Business Travel's Tax Rate history runs 6 years deep, the most recent figure standing at 381.82% for Q1 2026.

• In Q1 2026, Tax Rate fell 40369.0% year-over-year to 381.82%; the TTM figure through Mar 2026 stood at 37.1% (down 39004.0% YoY), while the FY2025 annual figure was 27.21%, up 12017.0% from the prior year.
• Tax Rate was 381.82% for Q1 2026 at Global Business Travel, down from 45.61% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 337.5% in Q1 2024 to a low of 2600.0% in Q2 2024.
• Historically, Tax Rate has averaged 161.38% across 5 years, with a median of 12.2% in 2022.
• The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 260351 bps in 2024, then soared 266176 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 25.88% in 2022, then sank by 127 bps to 6.98% in 2023, then tumbled by 2528 bps to 183.33% in 2024, then jumped by 75 bps to 45.61% in 2025, then sank by 737 bps to 381.82% in 2026.
• The last three Tax Rate figures came in at 381.82% (Q1 2026), 45.61% (Q4 2025), and 60.0% (Q3 2025), per Business Quant data.