Global Business Travel (GBTG) Times Interest Earned (2021 - 2026)
Global Business Travel's (GBTG) Times Interest Earned was 0.96 for Q2 2026, down 35.1% from 1.48 a year earlier but up 764.0% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Times Interest Earned (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Global Business Travel's Times Interest Earned came in at 0.68, down 54.8% year-over-year; for FY2025, it was 1.37, up 36.8% from FY2024.
- By year, Times Interest Earned came in at 1.00 in FY2024, -0.06 in FY2023, -2.02 in FY2022 and -10.57 in FY2021.
- Five-year quarterly Times Interest Earned spans a low of -12.06 in Q4 2021 and a high of 2.29 in Q1 2025.
- Year over year, Times Interest Earned has now declined in each of the last four quarters, with growth averaging 32.6% over the last six quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.11 (Q1 2026), 1.21 (Q4 2025) and 0.50 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 5.56 |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 4.69 |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 5.54 |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 8.71 |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 7.79 |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | -12.50 |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | -20.53 |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 35.21 |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 0.96 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.96 |
| Mar 31, 2026 | 0.11 |
| Dec 31, 2025 | 1.21 |
| Sep 30, 2025 | 0.50 |
| Jun 30, 2025 | 1.48 |
| Mar 31, 2025 | 2.29 |
| Dec 31, 2024 | 1.36 |
| Sep 30, 2024 | 0.96 |
| Jun 30, 2024 | 1.31 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | -0.11 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | -0.26 |
| Dec 31, 2022 | -1.31 |
| Sep 30, 2022 | -1.73 |
| Jun 30, 2022 | -0.79 |
| Mar 31, 2022 | -5.05 |
| Dec 31, 2021 | -12.06 |
| Sep 30, 2021 | -9.54 |
API Access
Global Business Travel Times Interest Earned 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=times-interest-earned&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();