Global Business Travel (GBTG) Total Non-Current Liabilities (2021 - 2026)
Global Business Travel (GBTG) recorded Total Non-Current Liabilities of $3.3 billion in Q2 2026, up 29.0% from $2.56 billion a year earlier but down 0.8% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Total Non-Current Liabilities (2021 - 2026) Analysis & Trends
At the end of FY2025, Global Business Travel reported Total Non-Current Liabilities of $3.15 billion, up 24.4% from FY2024.
- Annual Total Non-Current Liabilities has increased for three straight years, with a four-year compound annual growth rate of 6.9% (FY2021 to FY2025).
- Across earlier years, Total Non-Current Liabilities came in at $2.53 billion in FY2024 (+1.1%), $2.51 billion in FY2023 (+8.3%), $2.31 billion in FY2022 (-4.1%) and $2.41 billion in FY2021.
- Quarterly Total Non-Current Liabilities has ranged from $2.31 billion in Q4 2022 to $3.33 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Total Non-Current Liabilities has increased for five consecutive quarters, with growth averaging 12.5% over the last eight quarters.
- Peak year-over-year performance for Total Non-Current Liabilities in the last five years was growth of 29.0% in Q2 2026, against a decline of 4.1% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.33 billion (Q1 2026), $3.15 billion (Q4 2025) and $3.05 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 31.37 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 22.23 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 33.53 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 6.04 Bn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 35.43 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | -5.38 Bn |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 14.38 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 8.30 Bn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 6.95 Bn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 3.30 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30 Bn |
| Mar 31, 2026 | 3.33 Bn |
| Dec 31, 2025 | 3.15 Bn |
| Sep 30, 2025 | 3.05 Bn |
| Jun 30, 2025 | 2.56 Bn |
| Mar 31, 2025 | 2.59 Bn |
| Dec 31, 2024 | 2.53 Bn |
| Sep 30, 2024 | 2.60 Bn |
| Jun 30, 2024 | 2.53 Bn |
| Mar 31, 2024 | 2.63 Bn |
| Dec 31, 2023 | 2.51 Bn |
| Sep 30, 2023 | 2.59 Bn |
| Jun 30, 2023 | 2.59 Bn |
| Mar 31, 2023 | 2.55 Bn |
| Dec 31, 2022 | 2.31 Bn |
| Sep 30, 2022 | 2.50 Bn |
| Jun 30, 2022 | 2.56 Bn |
| Dec 31, 2021 | 2.41 Bn |
API Access
Global Business Travel Total Non-Current Liabilities 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=total-non-current-liabilities&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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=total-non-current-liabilities&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();