Global Business Travel reported a gross margin of 59.08% and a net margin of 1.72% for the quarter ended Jun 2026. These financial ratios cover 25 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2019 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||
| Gross Margin | 35.53% | 39.72% | 50.57% | 59.05% | 55.33% | 54.08% | 58.13% | 58.95% | 58.32% | 56.65% | 59.84% | 60.48% | 60.30% | 59.73% | 62.80% | 61.65% | 59.94% | 56.82% | 58.33% | 59.08% | |||||
| EBT Margin | -69.54% | -88.50% | -32.86% | -1.03% | -16.80% | -16.13% | -6.06% | -9.63% | -1.75% | -7.83% | 1.31% | 0.16% | -12.40% | -1.02% | 15.46% | 5.39% | -5.93% | 7.20% | 1.31% | 1.72% | |||||
| EBIT Margin | -62.94% | -67.25% | -27.43% | -3.91% | -9.22% | -7.21% | -1.56% | 0.34% | -0.70% | 0.55% | 2.62% | 6.72% | 4.52% | 5.08% | 8.86% | 5.39% | 1.78% | 3.66% | 0.36% | 2.76% | |||||
| EBITDA Margin | -62.94% | -67.25% | -27.43% | -3.91% | -9.22% | -7.21% | -1.56% | 0.34% | -0.70% | 0.55% | 2.62% | 6.72% | 4.52% | 5.08% | 8.86% | 5.39% | 1.78% | 3.66% | 0.36% | 2.76% | |||||
| Operating Margin | -62.94% | -67.25% | -27.43% | -3.91% | -9.22% | -7.21% | -1.56% | 0.34% | -0.70% | 0.55% | 2.62% | 6.72% | 4.52% | 5.08% | 8.86% | 5.39% | 1.78% | 3.66% | 0.36% | 2.76% | |||||
| Net Margin | 4.53% | -9.13% | -1.22% | 4.32% | -4.10% | -4.93% | -0.35% | -2.36% | -8.56% | -3.11% | 4.16% | -21.61% | -2.71% | 12.08% | 2.06% | -9.20% | 10.48% | 6.19% | 1.72% | ||||||
| FCF Margin | -59.39% | -64.46% | -50.00% | -36.21% | -22.95% | -4.74% | -18.86% | 3.21% | 18.74% | 5.83% | 3.93% | 7.84% | 9.88% | 5.58% | 4.19% | 4.28% | 5.64% | 1.64% | -6.19% | 11.84% | |||||
| Efficiency | |||||||||||||||||||||||||
| Assets AverageAssets Avg. | 818.67M | 2,294.88M | 2,294.55M | 2,334.55M | 3,775.50M | 3,714.00M | 3,838.50M | 3,964.50M | 3,930.00M | 3,815.50M | 3,793.00M | 3,808.50M | 3,767.00M | 3,688.00M | 3,704.50M | 3,828.00M | 4,315.50M | 4,838.00M | 4,997.50M | 5,078.00M | |||||
| Invested CapitalInvested Cap. | 692.00M | 2,362.80M | 1,239.80M | 2,487.00M | 2,390.00M | 2,593.00M | 2,707.00M | 2,698.00M | 2,614.00M | 2,581.00M | 2,537.00M | 2,583.00M | 2,506.00M | 2,460.00M | 2,530.00M | 2,607.00M | 2,946.00M | 3,088.00M | 3,193.00M | 3,218.00M | |||||
| Asset Utilization RatioAsset Util. | 1.40 | 0.28 | 0.43 | 0.57 | 0.43 | 0.50 | 0.54 | 0.55 | 0.58 | 0.60 | 0.61 | 0.62 | 0.63 | 0.66 | 0.66 | 0.64 | 0.58 | 0.56 | 0.59 | 0.63 | |||||
| Leverage & Solvency | |||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -9.54 | -12.06 | -5.05 | -0.79 | -1.73 | -1.31 | -0.26 | 0.06 | -0.11 | 0.08 | 0.48 | 1.31 | 0.96 | 1.36 | 2.29 | 1.48 | 0.50 | 1.21 | 0.11 | 0.96 | |||||
| Debt Ratio | 0.00 | 0.27 | 0.01 | 0.32 | 0.33 | 0.33 | 0.34 | 0.34 | 0.35 | 0.36 | 0.36 | 0.36 | 0.37 | 0.39 | 0.37 | 0.36 | 0.30 | 0.30 | 0.31 | 0.31 | |||||
| Times Interest Earned | -9.54 | -12.06 | -5.05 | -0.79 | -1.73 | -1.31 | -0.26 | 0.06 | -0.11 | 0.08 | 0.48 | 1.31 | 0.96 | 1.36 | 2.29 | 1.48 | 0.50 | 1.21 | 0.11 | 0.96 | |||||
| Valuation | |||||||||||||||||||||||||
| Price to EarningsP/E | -127.74 | -119.99 | -0.00M | -240.08 | -63.80 | -149.50 | 120.03 | -28.02 | -273.12 | 46.34 | 232.09 | -68.54 | 48.30 | 55.96 | 327.01 | ||||||||||
| Price to SalesP/S | 5.24 | 5.92 | 5.32 | 5.68 | 4.50 | 5.46 | 4.66 | 4.99 | 6.05 | 7.39 | 5.60 | 4.78 | 6.31 | 5.06 | 3.46 | 5.64 | |||||||||
| Price to BookP/B | 2.19 | 2.28 | 2.28 | 2.51 | 2.05 | 2.47 | 2.42 | 2.56 | 3.27 | 4.13 | 3.08 | 2.50 | 2.77 | 2.49 | 1.80 | 2.98 | |||||||||
| Enterprise Value | 3,335.89M | 4,035.86M | 3,945.97M | 4,188.07M | 2,139.63M | 2,526.46M | 2,368.43M | 2,609.90M | 3,095.27M | 3,840.00M | 2,929.36M | 2,423.20M | 3,827.64M | 3,623.60M | 2,517.72M | 4,433.09M | |||||||||
| EV to EBIT | -74.13 | -106.21 | -438.44 | 0.00M | -534.91 | 842.15 | 148.03 | 62.14 | 114.64 | 128.00 | 53.26 | 71.27 | 318.97 | 124.95 | 839.24 | 184.71 | |||||||||
| EV to EBITDA | -74.13 | -106.21 | -438.44 | 0.00M | -534.91 | 842.15 | 148.03 | 62.14 | 114.64 | 128.00 | 53.26 | 71.27 | 318.97 | 124.95 | 839.24 | 184.71 | |||||||||
| Market Capitalization | 2,554.89M | 3,119.86M | 3,075.97M | 3,361.07M | 2,568.63M | 2,998.46M | 2,840.43M | 3,120.90M | 3,614.27M | 4,370.00M | 3,475.36M | 3,017.20M | 4,249.64M | 4,008.60M | 2,909.72M | 4,905.09M | |||||||||
| Price to FCFP/FCF | -22.81 | -124.79 | -28.22 | 176.90 | 24.01 | 93.70 | 118.35 | 63.69 | 61.26 | 132.42 | 133.67 | 111.75 | 111.83 | 308.35 | -55.96 | 47.62 | |||||||||
| EV to FCF | -29.78 | -161.43 | -36.20 | 220.42 | 20.00 | 78.95 | 98.68 | 53.26 | 52.46 | 116.36 | 112.67 | 89.75 | 100.73 | 278.74 | -48.42 | 43.04 | |||||||||
| EV to CFO | -41.18 | -0.00M | -51.25 | 91.04 | 15.85 | 43.56 | 48.34 | 35.75 | 36.41 | 59.08 | 55.27 | 42.51 | 53.91 | 69.68 | -167.85 | 31.22 | |||||||||
| Return Ratios | |||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -62.94% | -67.25% | -27.43% | -3.91% | -9.22% | -7.21% | -1.56% | 0.34% | -0.70% | 0.55% | 2.62% | 6.72% | 4.52% | 5.08% | 8.86% | 5.39% | 1.78% | 3.66% | 0.36% | 2.76% | |||||
| Return on Capital Employed [ROCE]ROCE | -23.13% | -27.74% | -12.00% | -6.73% | -3.75% | -2.94% | -1.63% | -0.27% | 0.60% | 1.95% | 3.06% | 3.95% | 5.51% | 5.01% | 4.38% | 3.76% | 2.23% | 1.90% | |||||||
| Return on Invested Capital [ROIC]ROIC | -20.52% | -17.74% | -11.33% | -6.26% | -3.30% | -2.79% | -1.51% | -0.29% | 0.83% | 2.33% | 5.32% | 8.94% | -15.61% | -6.48% | 0.39% | 3.14% | 3.41% | 4.19% | |||||||
| Return on Assets [ROA]ROA | -19.35% | -16.75% | -9.46% | -6.09% | -4.25% | -5.47% | -3.89% | -3.56% | -3.37% | -1.21% | -4.41% | -3.71% | -1.16% | -1.49% | 0.16% | 2.21% | 1.70% | 1.67% |