Symbols / GBTG Stock $5.88 +2.08% Global Business Travel Group, Inc.

Consumer Cyclical • Travel Services • United Kingdom • NYQ
GBTG (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Consumer Cyclical
Industry Travel Services
CEO Mr. Paul Gordon Abbott
Exch · Country NYQ · United Kingdom
Market Cap 3.08B
Enterprise Value 4.26B
Income 109.00M
Sales 2.72B
FCF (ttm) 385.12M
Book/sh 3.09
Cash/sh 0.83
Employees 27,000
Insider 10d —
IPO Aug 18, 2022
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 26.73
Forward P/E 10.38
PEG —
P/S 1.13
P/B 1.91
P/C —
EV/EBITDA 12.99
EV/Sales 1.57
Quick Ratio 1.00
Current Ratio 1.14
Debt/Eq 93.92
LT Debt/Eq —
EPS (ttm) 0.22
EPS next Y 0.57
EPS Growth —
Revenue Growth 34.00%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-11
Earnings (prior) 2026-03-09
ROA 3.45%
ROE 8.17%
ROIC —
Gross Margin 60.08%
Oper. Margin 5.68%
Profit Margin 4.01%
Shs Outstand 523.34M
Shs Float 196.51M
Insider Own 56.79%
Instit Own 43.08%
Short Float 5.36%
Short Ratio 6.46
Short Interest 9.49M
52W High 8.64
vs 52W High -31.94%
52W Low 4.96
vs 52W Low 18.67%
Beta 0.75
Impl. Vol. 50.41%
Rel Volume 0.93
Avg Volume 1.62M
Volume 1.50M
Target (mean) $9.27
Tgt Median $9.00
Tgt Low $6.50
Tgt High $12.00
# Analysts 7
Recom Buy
Prev Close $5.76
Price $5.88
Change 2.08%
About

Global Business Travel Group, Inc. operates as a technology and services company in the United States, the United Kingdom, and internationally. The company offers the Amex GBT marketplace for fares and rates; travel solutions, such as Amex GBT Egencia for businesses needing a configurable digital travel and expense platform; Complete by SAP Concur and Amex GBT, a co-developed travel and expense solution for businesses; and Amex GBT Neo for businesses preferring customizable global travel. It also provides Amex GBT Select for insight and control in travel spend; Amex GBT Ovation for businesses preferring a higher touch travel solution and personalized corporate travel servicing; and CWTSatoTravel for military and government agencies, as well as related organizations subject to government regulations, policies, and programs. In addition, the company offers professional services, including Amex GBT Meetings & Events for business travelers; and Amex GBT Consulting for guidance and solutions for corporate travel programs, cost savings, traveler experience, and policy compliance. Further, it provides virtual assistants, personalized recommendations, automatic rate optimization tools, and savings identification capabilities through its AI-powered platform; and traveler insights, fare analysis, and data analytics. Global Business Travel Group, Inc. was founded in 2014 and is headquartered in London, the United Kingdom.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.27
Mean price target
2. Current target
$5.88
Latest analyst target
3. DCF / Fair value
$13.25
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.88
Low
$6.50
High
$12.00
Mean
$9.27

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-07 init B of A Securities — → Neutral $7
2026-03-12 main Citigroup Buy → Buy $9
2026-03-10 main UBS Buy → Buy $10
2026-03-10 main Morgan Stanley Equal-Weight → Equal-Weight $7
2026-03-10 main BTIG Buy → Buy $9
2025-12-02 main Evercore ISI Group Outperform → Outperform $12
2025-11-11 main Morgan Stanley Equal-Weight → Equal-Weight $8
2025-08-27 main BTIG Buy → Buy $10
2025-08-06 main UBS Buy → Buy $11
2025-05-07 main UBS Buy → Buy $10
2024-12-12 main Morgan Stanley Equal-Weight → Equal-Weight $9
2024-11-22 init UBS — → Buy $11
2024-10-04 main Citigroup Buy → Buy $10
2024-08-08 main Citigroup Buy → Buy $9
2024-08-07 main Evercore ISI Group Outperform → Outperform $10
2023-12-15 up Citigroup Neutral → Buy $8
2023-11-08 main Morgan Stanley Equal-Weight → Equal-Weight $7
2023-08-11 main Deutsche Bank Buy → Buy $9
2023-08-11 main Credit Suisse Outperform → Outperform $12
2023-05-10 main Credit Suisse — → Outperform $10
News
RSS: Latest GBTG news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-04 THOMPSON JOHN DAVID Chief Technology Officer — 109,020 $5.74 $625,775
2026-02-20 ABBOTT PAUL GORDON Chief Executive Officer — 862,132 $0.00 $0
2026-02-18 BOCK ERIC J Officer — 369,485 $0.00 $0
2026-02-18 THOMPSON JOHN DAVID Chief Technology Officer — 215,533 $0.00 $0
2026-02-18 HUSKA PATRICIA ANNE Officer — 215,533 $0.00 $0
2026-02-18 KONWISER EVAN Officer — 184,742 $0.00 $0
2026-02-18 CRAWLEY ANDREW GEORGE President — 369,485 $0.00 $0
2026-02-18 VAN VLIET CHRISTOPHER Officer — 47,426 $0.00 $0
2026-02-18 WILLIAMS KAREN A Chief Financial Officer — 246,323 $0.00 $0
2026-02-18 PELANT JOHN EDWARD Officer — 92,371 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,718.00
+12.17%
2,423.00
+5.81%
2,290.00
+23.72%
1,851.00
Operating Revenue
2,718.00
+12.17%
2,423.00
+5.81%
2,290.00
+23.72%
1,851.00
Cost Of Revenue
1,085.00
+12.20%
967.00
+0.62%
961.00
+15.50%
832.00
Reconciled Cost Of Revenue
1,085.00
+12.20%
967.00
+0.62%
961.00
+15.50%
832.00
Gross Profit
1,633.00
+12.16%
1,456.00
+9.56%
1,329.00
+30.42%
1,019.00
Operating Expense
1,451.00
+9.26%
1,328.00
+2.55%
1,295.00
+6.15%
1,220.00
Research And Development
527.00
+19.23%
442.00
+7.02%
413.00
+6.44%
388.00
Selling General And Administration
732.00
+3.39%
708.00
+2.91%
688.00
+5.85%
650.00
Selling And Marketing Expense
442.00
+10.50%
400.00
+1.52%
394.00
+16.91%
337.00
General And Administrative Expense
290.00
-5.84%
308.00
+4.76%
294.00
-6.07%
313.00
Other Gand A
290.00
-5.84%
308.00
+4.76%
294.00
-6.07%
313.00
Total Expenses
2,536.00
+10.50%
2,295.00
+1.73%
2,256.00
+9.94%
2,052.00
Operating Income
182.00
+42.19%
128.00
+276.47%
34.00
+116.92%
-201.00
Total Operating Income As Reported
130.00
+13.04%
115.00
+1537.50%
-8.00
+95.96%
-198.00
EBITDA
434.00
+95.50%
222.00
+16.84%
190.00
+2814.29%
-7.00
Normalized EBITDA
392.00
+19.15%
329.00
+50.23%
219.00
+1316.67%
-18.00
Reconciled Depreciation
192.00
+7.87%
178.00
-8.25%
194.00
+6.59%
182.00
EBIT
242.00
+450.00%
44.00
+1200.00%
-4.00
+97.88%
-189.00
Total Unusual Items
42.00
+139.25%
-107.00
-268.97%
-29.00
-363.64%
11.00
Total Unusual Items Excluding Goodwill
42.00
+139.25%
-107.00
-268.97%
-29.00
-363.64%
11.00
Special Income Charges
-54.00
-5.88%
-51.00
-21.43%
-42.00
-1500.00%
3.00
Other Special Charges
2.00
-94.74%
38.00
—
—
Restructuring And Mergern Acquisition
52.00
+300.00%
13.00
-69.05%
42.00
+1500.00%
-3.00
Net Income
109.00
+178.99%
-138.00
-119.05%
-63.00
-152.00%
-25.00
Pretax Income
147.00
+307.04%
-71.00
+51.03%
-145.00
+49.48%
-287.00
Net Non Operating Interest Income Expense
-87.00
+20.18%
-109.00
+22.14%
-140.00
-42.86%
-98.00
Interest Expense Non Operating
95.00
-17.39%
115.00
-18.44%
141.00
+43.88%
98.00
Net Interest Income
-87.00
+20.18%
-109.00
+22.14%
-140.00
-42.86%
-98.00
Interest Expense
95.00
-17.39%
115.00
-18.44%
141.00
+43.88%
98.00
Interest Income Non Operating
8.00
+33.33%
6.00
+500.00%
1.00
0.00
Interest Income
8.00
+33.33%
6.00
+500.00%
1.00
0.00
Other Income Expense
52.00
+157.78%
-90.00
-130.77%
-39.00
-425.00%
12.00
Other Non Operating Income Expenses
-29.00
-270.59%
17.00
+270.00%
-10.00
-1100.00%
1.00
Gain On Sale Of Security
96.00
+271.43%
-56.00
-530.77%
13.00
+62.50%
8.00
Gain On Sale Of Business
—
—
—
—
Tax Provision
40.00
-39.39%
66.00
+833.33%
-9.00
+85.25%
-61.00
Tax Rate For Calcs
0.00
+30.52%
0.00
+238.33%
0.00
-70.80%
0.00
Tax Effect Of Unusual Items
11.51
+151.23%
-22.47
-1148.33%
-1.80
-176.97%
2.34
Net Income Including Noncontrolling Interests
111.00
+182.84%
-134.00
+1.47%
-136.00
+40.61%
-229.00
Net Income From Continuing Operation Net Minority Interest
109.00
+178.99%
-138.00
-119.05%
-63.00
-152.00%
-25.00
Net Income From Continuing And Discontinued Operation
109.00
+178.99%
-138.00
-119.05%
-63.00
-152.00%
-25.00
Net Income Continuous Operations
111.00
+182.84%
-134.00
+1.47%
-136.00
+40.61%
-229.00
Minority Interests
-2.00
+50.00%
-4.00
-105.48%
73.00
-64.22%
204.00
Normalized Income
78.51
+246.83%
-53.47
-49.36%
-35.80
-6.35%
-33.66
Net Income Common Stockholders
109.00
+178.99%
-138.00
-119.05%
-63.00
-152.00%
-25.00
Diluted EPS
—
-0.30
+0.00%
-0.30
+41.18%
-0.51
Basic EPS
—
-0.30
-20.00%
-0.25
+50.00%
-0.50
Basic Average Shares
—
462.70
+83.87%
251.65
+390.86%
51.27
Diluted Average Shares
—
462.70
+1.01%
458.06
+2.77%
445.72
Diluted NI Availto Com Stockholders
109.00
+178.99%
-138.00
-119.05%
-63.00
-152.00%
-25.00
Depreciation Amortization Depletion Income Statement
192.00
+7.87%
178.00
-8.25%
194.00
+6.59%
182.00
Depreciation And Amortization In Income Statement
192.00
+7.87%
178.00
-8.25%
194.00
+6.59%
182.00
Earnings From Equity Interest
39.00
0.00
0.00
—
Earnings From Equity Interest Net Of Tax
4.00
+33.33%
3.00
0.00
+100.00%
-3.00
Preferred Stock Dividends
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31
Total Assets
4,916.00
+35.65%
3,624.00
Current Assets
1,569.00
+22.48%
1,281.00
Cash Cash Equivalents And Short Term Investments
434.00
-19.03%
536.00
Cash And Cash Equivalents
434.00
-19.03%
536.00
Receivables
1,014.00
+49.34%
679.00
Accounts Receivable
869.00
+52.19%
571.00
Gross Accounts Receivable
878.00
+51.12%
581.00
Allowance For Doubtful Accounts Receivable
-9.00
+10.00%
-10.00
Other Receivables
63.00
+43.18%
44.00
Taxes Receivable
31.00
+72.22%
18.00
Prepaid Assets
88.00
+49.15%
59.00
Current Deferred Assets
—
—
Assets Held For Sale Current
12.00
0.00
Other Current Assets
21.00
+200.00%
7.00
Total Non Current Assets
3,347.00
+42.85%
2,343.00
Net PPE
374.00
+28.52%
291.00
Gross PPE
908.00
+29.16%
703.00
Accumulated Depreciation
-534.00
-29.61%
-412.00
Properties
0.00
0.00
Machinery Furniture Equipment
755.00
+28.40%
588.00
Construction In Progress
11.00
+83.33%
6.00
Other Properties
66.00
+11.86%
59.00
Leases
76.00
+52.00%
50.00
Goodwill And Other Intangible Assets
2,522.00
+50.03%
1,681.00
Goodwill
1,671.00
+39.13%
1,201.00
Other Intangible Assets
851.00
+77.29%
480.00
Investments And Advances
43.00
+207.14%
14.00
Long Term Equity Investment
43.00
+207.14%
14.00
Non Current Deferred Assets
298.00
+11.19%
268.00
Non Current Deferred Taxes Assets
298.00
+11.19%
268.00
Other Non Current Assets
110.00
+77.42%
62.00
Total Liabilities Net Minority Interest
3,255.00
+26.80%
2,567.00
Current Liabilities
1,381.00
+77.05%
780.00
Payables And Accrued Expenses
1,048.00
+58.79%
660.00
Payables
625.00
+102.92%
308.00
Accounts Payable
515.00
+95.82%
263.00
Other Payable
—
11.00
Current Accrued Expenses
423.00
+20.17%
352.00
Employee Benefits
163.00
+4.49%
156.00
Total Tax Payable
85.00
+269.57%
23.00
Income Tax Payable
69.00
+527.27%
11.00
Current Debt And Capital Lease Obligation
84.00
+147.06%
34.00
Current Debt
58.00
+205.26%
19.00
Other Current Borrowings
58.00
+205.26%
19.00
Current Capital Lease Obligation
26.00
+73.33%
15.00
Current Deferred Liabilities
167.00
+94.19%
86.00
Current Deferred Revenue
167.00
+94.19%
86.00
Other Current Liabilities
82.00
—
Total Non Current Liabilities Net Minority Interest
1,874.00
+4.87%
1,787.00
Long Term Debt And Capital Lease Obligation
1,422.00
-0.42%
1,428.00
Long Term Debt
1,360.00
-0.37%
1,365.00
Long Term Capital Lease Obligation
62.00
-1.59%
63.00
Non Current Pension And Other Postretirement Benefit Plans
163.00
+4.49%
156.00
Non Current Deferred Liabilities
99.00
+175.00%
36.00
Non Current Deferred Taxes Liabilities
99.00
+175.00%
36.00
Other Non Current Liabilities
153.00
+350.00%
34.00
Stockholders Equity
1,608.00
+53.00%
1,051.00
Common Stock Equity
1,608.00
+53.00%
1,051.00
Capital Stock
0.00
0.00
Common Stock
0.00
0.00
Preferred Stock
—
—
Share Issued
538.34
+12.41%
478.90
Ordinary Shares Number
521.09
+10.66%
470.90
Treasury Shares Number
17.25
+115.67%
8.00
Additional Paid In Capital
3,277.00
+15.92%
2,827.00
Retained Earnings
-1,466.00
+6.92%
-1,575.00
Gains Losses Not Affecting Retained Earnings
-75.00
+48.63%
-146.00
Treasury Stock
128.00
+132.73%
55.00
Minority Interest
53.00
+783.33%
6.00
Other Equity Adjustments
-75.00
+48.63%
-146.00
Total Equity Gross Minority Interest
1,661.00
+57.14%
1,057.00
Total Capitalization
2,968.00
+22.85%
2,416.00
Working Capital
188.00
-62.48%
501.00
Invested Capital
3,026.00
+24.27%
2,435.00
Total Debt
1,506.00
+3.01%
1,462.00
Net Debt
984.00
+16.04%
848.00
Capital Lease Obligations
88.00
+12.82%
78.00
Net Tangible Assets
-914.00
-45.08%
-630.00
Tangible Book Value
-914.00
-45.08%
-630.00
Derivative Product Liabilities
37.00
-72.18%
133.00
Duefrom Related Parties Current
51.00
+10.87%
46.00
Dueto Related Parties Current
25.00
+13.64%
22.00
Financial Assets
0.00
-100.00%
27.00
Interest Payable
26.00
+30.00%
20.00
Preferred Stock Equity
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
233.00
-14.34%
272.00
+67.90%
162.00
+141.12%
-394.00
Cash Flow From Continuing Operating Activities
233.00
-14.34%
272.00
+67.90%
162.00
+141.12%
-394.00
Net Income From Continuing Operations
111.00
+182.84%
-134.00
+1.47%
-136.00
+40.61%
-229.00
Depreciation Amortization Depletion
192.00
+7.87%
178.00
-8.25%
194.00
+6.59%
182.00
Depreciation And Amortization
192.00
+7.87%
178.00
-8.25%
194.00
+6.59%
182.00
Other Non Cash Items
-5.00
+90.74%
-54.00
-350.00%
-12.00
-192.31%
13.00
Stock Based Compensation
76.00
-1.30%
77.00
+2.67%
75.00
+92.31%
39.00
Provisionand Write Offof Assets
5.00
-44.44%
9.00
+0.00%
9.00
-52.63%
19.00
Asset Impairment Charge
—
—
—
0.00
Deferred Tax
-15.00
-144.12%
34.00
+213.33%
-30.00
+53.85%
-65.00
Deferred Income Tax
-15.00
-144.12%
34.00
+213.33%
-30.00
+53.85%
-65.00
Operating Gains Losses
-94.00
-200.00%
94.00
+823.08%
-13.00
-62.50%
-8.00
Gain Loss On Investment Securities
-96.00
-271.43%
56.00
+530.77%
-13.00
-62.50%
-8.00
Change In Working Capital
-37.00
-154.41%
68.00
-9.33%
75.00
+121.74%
-345.00
Change In Receivables
-53.00
-144.92%
118.00
+162.22%
45.00
+110.11%
-445.00
Changes In Account Receivables
-48.00
-139.02%
123.00
+151.02%
49.00
+111.48%
-427.00
Change In Prepaid Assets
20.00
+171.43%
-28.00
-411.11%
9.00
+131.03%
-29.00
Change In Payables And Accrued Expense
-4.00
+81.82%
-22.00
-204.76%
21.00
-83.72%
129.00
Change In Payable
-4.00
+81.82%
-22.00
-204.76%
21.00
-83.72%
129.00
Change In Account Payable
-7.00
-40.00%
-5.00
-119.23%
26.00
-78.69%
122.00
Investing Cash Flow
-206.00
-101.96%
-102.00
+14.29%
-119.00
-25.26%
-95.00
Cash Flow From Continuing Investing Activities
-206.00
-101.96%
-102.00
+14.29%
-119.00
-25.26%
-95.00
Net PPE Purchase And Sale
-129.00
-20.56%
-107.00
+5.31%
-113.00
-20.21%
-94.00
Purchase Of PPE
-129.00
-20.56%
-107.00
+5.31%
-113.00
-20.21%
-94.00
Capital Expenditure
-129.00
-20.56%
-107.00
+5.31%
-113.00
-20.21%
-94.00
Net Investment Purchase And Sale
27.00
0.00
0.00
—
Sale Of Investment
27.00
0.00
0.00
—
Net Business Purchase And Sale
-104.00
0.00
0.00
0.00
Purchase Of Business
-104.00
0.00
0.00
0.00
Net Other Investing Changes
—
5.00
+183.33%
-6.00
-500.00%
-1.00
Financing Cash Flow
-128.00
-50.59%
-85.00
-170.83%
120.00
-58.90%
292.00
Cash Flow From Continuing Financing Activities
-128.00
-50.59%
-85.00
-170.83%
120.00
-58.90%
292.00
Net Issuance Payments Of Debt
-14.00
-156.00%
25.00
-80.47%
128.00
-35.03%
197.00
Issuance Of Debt
99.00
-92.91%
1,397.00
+966.41%
131.00
-34.50%
200.00
Repayment Of Debt
-113.00
+91.76%
-1,372.00
-45633.33%
-3.00
+0.00%
-3.00
Long Term Debt Issuance
99.00
-92.91%
1,397.00
+966.41%
131.00
-34.50%
200.00
Long Term Debt Payments
-113.00
+91.76%
-1,372.00
-45633.33%
-3.00
+0.00%
-3.00
Net Long Term Debt Issuance
-14.00
-156.00%
25.00
-80.47%
128.00
-35.03%
197.00
Net Common Stock Issuance
-73.00
-32.73%
-55.00
0.00
0.00
Common Stock Payments
-73.00
-32.73%
-55.00
0.00
0.00
Cash Dividends Paid
—
—
0.00
0.00
Repurchase Of Capital Stock
-73.00
-32.73%
-55.00
0.00
+100.00%
-168.00
Proceeds From Stock Option Exercised
8.00
-72.41%
29.00
+314.29%
7.00
0.00
Net Other Financing Charges
-49.00
+41.67%
-84.00
-460.00%
-15.00
-105.70%
263.00
Changes In Cash
-101.00
-218.82%
85.00
-47.85%
163.00
+182.74%
-197.00
Effect Of Exchange Rate Changes
19.00
+246.15%
-13.00
-230.00%
10.00
+183.33%
-12.00
Beginning Cash Position
561.00
+14.72%
489.00
+54.75%
316.00
-39.81%
525.00
End Cash Position
479.00
-14.62%
561.00
+14.72%
489.00
+54.75%
316.00
Free Cash Flow
104.00
-36.97%
165.00
+236.73%
49.00
+110.04%
-488.00
Interest Paid Supplemental Data
94.00
-5.05%
99.00
-30.28%
142.00
+47.92%
96.00
Income Tax Paid Supplemental Data
52.00
+271.43%
14.00
+600.00%
2.00
—
Earnings Losses From Equity Investments
—
—
—
—
Issuance Of Capital Stock
—
—
0.00
0.00
Net Preferred Stock Issuance
—
0.00
0.00
+100.00%
-168.00
Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Payments
—
0.00
0.00
+100.00%
-168.00
Sale Of Business
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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