Global Business Travel Group (GBTG) Financials

$6.10 +0.03 (+0.49%)

As of 05/20/2025 03:59 PM Eastern

Annual Income Statements for Global Business Travel Group

This table shows Global Business Travel Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	-138	-63	-25	0.00	0.00	-0.00
Consolidated Net Income / (Loss)	-134	-136	-229	-475	-619	-0.00
Net Income / (Loss) Continuing Operations	-134	-136	-229	-475	-619	-0.00
Total Pre-Tax Income	-71	-145	-287	-653	-759	-0.00
Total Operating Income	115	-8.00	-198	-560	-747	-0.00
Total Gross Profit	1,456	1,329	1,019	286	264	0.00
Total Revenue	2,423	2,290	1,851	763	793	0.00
Operating Revenue	2,423	2,290	1,851	763	793	0.00
Total Cost of Revenue	967	961	832	477	529	0.00
Operating Cost of Revenue	967	961	832	477	529	-
Total Operating Expenses	1,341	1,337	1,217	846	1,011	0.00
Selling, General & Admin Expense	750	707	701	477	458	0.00
Marketing Expense	400	394	337	201	199	-
Depreciation Expense	178	194	182	154	148	-
Restructuring Charge	13	42	-3.00	14	206	-
Total Other Income / (Expense), net	-186	-137	-89	-93	-12	0.00
Interest Expense	153	141	98	102	27	0.00
Interest & Investment Income	6.00	1.00	0.00	1.00	1.00	0.00
Other Income / (Expense), net	-39	3.00	9.00	8.00	14	-
Income Tax Expense	66	-9.00	-61	-186	-145	-
Other Gains / (Losses), net	3.00	0.00	-3.00	-8.00	-5.00	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	4.00	-73	-204	-475	-619	-
Basic Earnings per Share	($0.30)	($0.25)	($0.50)	$0.00	$0.00	$0.00
Weighted Average Basic Shares Outstanding	462.70M	251.65M	51.27M	0.00	0.00	0.00
Diluted Earnings per Share	($0.30)	($0.30)	($0.51)	$0.00	$0.00	$0.00
Weighted Average Diluted Shares Outstanding	462.70M	458.06M	445.72M	0.00	0.00	0.00
Weighted Average Basic & Diluted Shares Outstanding	478.41M	472.62M	463.95M	102.10M	0.00	20.42M

This table shows Global Business Travel Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	75	-16	-129	26	-19	-47	0.00	-14	-2.00	-26	-20
Consolidated Net Income / (Loss)	75	-14	-128	27	-19	-46	-8.00	-55	-27	-63	-73
Net Income / (Loss) Continuing Operations	75	-14	-128	27	-19	-46	-8.00	-55	-27	-63	-73
Total Pre-Tax Income	96	-6.00	-74	1.00	8.00	-43	-10	-57	-35	-85	-82
Total Operating Income	55	30	27	42	16	3.00	-4.00	2.00	-9.00	-38	-45
Total Gross Profit	390	353	360	378	365	311	333	349	336	285	270
Total Revenue	621	591	597	625	610	549	571	592	578	527	488
Operating Revenue	621	591	597	625	610	549	571	592	578	527	488
Total Cost of Revenue	231	238	237	247	245	238	238	243	242	242	218
Operating Cost of Revenue	231	238	237	247	245	238	238	243	242	242	218
Total Operating Expenses	335	323	333	336	349	308	337	347	345	323	315
Selling, General & Admin Expense	188	177	187	192	194	165	180	189	173	181	186
Marketing Expense	103	103	99	99	99	94	95	102	103	92	86
Depreciation Expense	40	40	43	48	47	49	50	49	46	48	45
Restructuring Charge	4.00	3.00	4.00	-3.00	9.00	-	12	7.00	23	2.00	-2.00
Total Other Income / (Expense), net	41	-36	-101	-41	-8.00	-46	-6.00	-59	-26	-47	-37
Interest Expense	26	22	66	32	33	36	36	35	34	29	26
Interest & Investment Income	2.00	-	2.00	2.00	-	-	0.00	0.00	-	-	-
Other Income / (Expense), net	65	-16	-37	-11	25	-11	30	-24	8.00	-18	-11
Income Tax Expense	21	11	54	-26	27	3.00	-2.00	-2.00	-8.00	-22	-10
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	2.00	1.00	1.00	0.00	1.00	-8.00	-41	-25	-37	-53
Basic Earnings per Share	$0.16	($0.04)	($0.28)	$0.06	($0.04)	$0.01	$0.00	($0.23)	($0.03)	($0.51)	($0.43)
Weighted Average Basic Shares Outstanding	465.87M	462.70M	462.29M	464.60M	461.39M	251.65M	419.15M	61.85M	60.38M	51.27M	48.87M
Diluted Earnings per Share	$0.16	($0.04)	($0.28)	$0.06	($0.04)	$0.01	($0.02)	($0.23)	($0.06)	($0.08)	($0.43)
Weighted Average Diluted Shares Outstanding	478.72M	462.70M	462.29M	470.66M	461.39M	458.06M	457.74M	61.85M	454.83M	445.72M	48.87M
Weighted Average Basic & Diluted Shares Outstanding	478.70M	478.41M	470.50M	473.27M	472.62M	472.62M	467.02M	465.03M	-	463.95M	464.36M

This table details how cash moves in and out of Global Business Travel Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net Change in Cash & Equivalents	72	173	-209	-68	94
Net Cash From Operating Activities	272	162	-394	-512	-250
Net Cash From Continuing Operating Activities	272	162	-394	-512	-206
Net Income / (Loss) Continuing Operations	-134	-136	-229	-475	-619
Consolidated Net Income / (Loss)	-134	-136	-229	-475	-619
Depreciation Expense	178	194	182	154	148
Non-Cash Adjustments To Reconcile Net Income	121	55	45	22	30
Changes in Operating Assets and Liabilities, net	107	49	-392	-213	235
Net Cash From Investing Activities	-102	-119	-95	-27	-47
Net Cash From Continuing Investing Activities	-102	-119	-95	-27	-47
Purchase of Property, Plant & Equipment	-107	-113	-94	-44	-47
Other Investing Activities, net	5.00	-6.00	-1.00	-3.00	0.00
Net Cash From Financing Activities	-85	120	292	478	384
Net Cash From Continuing Financing Activities	-85	120	292	478	384
Repayment of Debt	-1,428	-4.00	-9.00	-596	-4.00
Repurchase of Preferred Equity	0.00	0.00	-168	0.00	0.00
Repurchase of Common Equity	-55	0.00	0.00	-10	0.00
Issuance of Debt	1,397	131	200	935	388
Issuance of Common Equity	29	7.00	0.00	0.00	-
Other Financing Activities, net	-28	-14	269	0.00	0.00
Effect of Exchange Rate Changes	-13	10	-12	-7.00	7.00
Cash Interest Paid	99	142	96	47	16
Cash Income Taxes Paid	14	2.00	-1.00	-5.00	-13

This table details how cash moves in and out of Global Business Travel Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	16	11	9.00	43	9.00	44	97	15	17	-9.00	-131
Net Cash From Operating Activities	53	65	85	73	49	58	135	46	-77	-4.00	-81
Net Cash From Continuing Operating Activities	53	65	85	73	49	58	135	46	-77	-4.00	-81
Net Income / (Loss) Continuing Operations	75	-14	-128	27	-19	-46	-8.00	-55	-27	-63	-73
Consolidated Net Income / (Loss)	75	-14	-128	27	-19	-46	-8.00	-55	-27	-63	-73
Depreciation Expense	40	40	43	48	47	49	50	49	46	48	45
Non-Cash Adjustments To Reconcile Net Income	-14	-6.00	108	26	-7.00	-7.00	7.00	25	30	61	18
Changes in Operating Assets and Liabilities, net	-48	45	62	-28	28	62	86	27	-126	-50	-71
Net Cash From Investing Activities	-18	-32	-26	-19	-25	-26	-29	-32	-32	-22	-31
Net Cash From Continuing Investing Activities	-18	-32	-26	-19	-25	-26	-29	-32	-32	-22	-31
Purchase of Property, Plant & Equipment	-27	-32	-26	-24	-25	-26	-28	-27	-32	-21	-31
Sale and/or Maturity of Investments	9.00	-	-	-	-	-	-	-	-	-	-
Net Cash From Financing Activities	-25	-6.00	-62	-7.00	-10	-1.00	-2.00	1.00	122	-1.00	-5.00
Net Cash From Continuing Financing Activities	-25	-6.00	-62	-7.00	-10	-1.00	-2.00	1.00	122	-1.00	-5.00
Repayment of Debt	-103	-2.00	-1,423	-1.00	-2.00	-1.00	-1.00	-	-2.00	-1.00	-5.00
Repurchase of Common Equity	-1.00	-	-	-	-	-	-	-	-	-	-
Issuance of Debt	99	-	1,397	-	0.00	-	-	-	131	-	-
Issuance of Common Equity	4.00	2.00	22	1.00	4.00	-	5.00	1.00	1.00	-	-
Other Financing Activities, net	-24	-6.00	-3.00	-7.00	-12	-	-6.00	-	-8.00	-	-
Effect of Exchange Rate Changes	6.00	-16	12	-4.00	-5.00	13	-7.00	-	4.00	18	-14
Cash Interest Paid	30	24	10	31	34	35	37	37	33	30	28
Cash Income Taxes Paid	4.00	1.00	12	12	-11	1.00	1.00	-2.00	2.00	-	-2.00

This table presents Global Business Travel Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Total Assets	3,624	3,751	3,728	3,771	818	0.00
Total Current Assets	1,281	1,360	1,234	1,052	1.38	0.00
Cash & Equivalents	536	476	303	516	0.26	0.00
Accounts Receivable	617	768	801	399	-	-
Prepaid Expenses	128	116	130	137	1.13	0.00
Plant, Property, & Equipment, net	232	232	218	216	0.00	0.00
Total Noncurrent Assets	2,111	2,159	2,276	2,503	817	0.00
Long-Term Investments	14	14	14	17	-	-
Goodwill	1,201	1,212	1,188	1,358	-	-
Intangible Assets	480	552	636	746	-	-
Noncurrent Deferred & Refundable Income Taxes	268	281	333	282	-	-
Other Noncurrent Operating Assets	148	100	105	100	817	0.00
Total Liabilities & Shareholders' Equity	3,624	3,751	3,728	3,771	818	0.00
Total Liabilities	2,567	2,539	2,357	2,277	105	0.00
Total Current Liabilities	780	831	773	721	2.26	0.00
Short-Term Debt	19	7.00	3.00	3.00	1.50	0.00
Accounts Payable	263	302	253	137	0.76	0.00
Accrued Expenses	461	466	452	519	-	-
Other Current Liabilities	37	56	65	62	-	-
Total Noncurrent Liabilities	1,787	1,708	1,584	1,556	103	0.00
Long-Term Debt	1,365	1,355	1,219	1,020	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	36	5.00	24	119	-	-
Noncurrent Employee Benefit Liabilities	156	183	147	333	29	-
Other Noncurrent Operating Liabilities	230	165	194	84	75	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,057	1,212	1,371	1,334	-104	0.00
Total Preferred & Common Equity	1,051	1,208	152	1,333	-104	0.00
Total Common Equity	1,051	1,208	152	1,333	-104	0.00
Common Stock	2,827	2,748	334	2,560	0.00	0.03
Retained Earnings	-1,575	-1,437	-175	-1,065	-104	-0.03
Treasury Stock	-55	0.00	-	-	-	-
Accumulated Other Comprehensive Income / (Loss)	-146	-103	-7.00	-162	-	-
Noncontrolling Interest	6.00	4.00	1,219	1.00	-	-

This table presents Global Business Travel Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023
Total Assets	3,785	3,752	3,782	3,835	3,880	3,980	3,949
Total Current Assets	1,455	1,394	1,448	1,476	1,469	1,487	1,450
Cash & Equivalents	552	524	515	475	432	335	320
Accounts Receivable	764	735	762	849	891	991	956
Prepaid Expenses	139	135	171	152	146	161	174
Plant, Property, & Equipment, net	235	232	231	232	228	228	228
Total Noncurrent Assets	2,095	2,126	2,103	2,127	2,183	2,265	2,271
Long-Term Investments	14	14	13	13	13	13	14
Goodwill	1,217	1,236	1,207	1,206	1,190	1,207	1,198
Intangible Assets	471	500	505	528	570	597	616
Noncurrent Deferred & Refundable Income Taxes	274	253	268	264	299	340	339
Other Noncurrent Operating Assets	119	123	110	116	111	108	104
Total Liabilities & Shareholders' Equity	3,785	3,752	3,782	3,835	3,880	3,980	3,949
Total Liabilities	2,658	2,646	2,564	2,661	2,625	2,641	2,597
Total Current Liabilities	910	892	879	982	923	908	882
Short-Term Debt	19	16	7.00	8.00	6.00	6.00	4.00
Accounts Payable	325	330	333	386	385	438	350
Accrued Expenses	517	504	479	526	453	447	426
Other Current Liabilities	49	42	60	62	79	17	102
Total Noncurrent Liabilities	1,748	1,754	1,685	1,679	1,702	1,733	1,715
Long-Term Debt	1,365	1,368	1,358	1,355	1,353	1,353	1,351
Noncurrent Deferred & Payable Income Tax Liabilities	39	5.00	5.00	5.00	49	19	20
Noncurrent Employee Benefit Liabilities	157	176	168	176	137	146	145
Other Noncurrent Operating Liabilities	187	205	154	143	163	215	199
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,127	1,106	1,218	1,174	1,255	1,339	1,352
Total Preferred & Common Equity	1,121	1,101	1,214	1,171	1,252	177	162
Total Common Equity	1,121	1,101	1,214	1,171	1,252	177	162
Common Stock	2,809	2,809	2,772	2,751	2,733	373	346
Retained Earnings	-1,500	-1,559	-1,430	-1,456	-1,390	-191	-177
Treasury Stock	-56	-55	-	-	-	-	-
Accumulated Other Comprehensive Income / (Loss)	-132	-94	-128	-124	-91	-5.00	-7.00
Noncontrolling Interest	6.00	5.00	4.00	3.00	3.00	1,162	1,190

This table displays calculated financial ratios and metrics derived from Global Business Travel Group's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	5.81%	23.72%	142.60%	-3.78%	0.00%	0.00%
EBITDA Growth	34.39%	2,800.00%	98.24%	31.97%	-31,570,326.34%	0.00%
EBIT Growth	1,620.00%	97.35%	65.76%	24.69%	-39,557,374.37%	0.00%
NOPAT Growth	1,537.50%	95.96%	64.64%	25.03%	-40,312,905.94%	0.00%
Net Income Growth	1.47%	40.61%	51.79%	23.26%	-33,405,188.72%	0.00%
EPS Growth	0.00%	41.18%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	67.90%	141.12%	23.05%	-104.80%	0.00%	0.00%
Free Cash Flow Firm Growth	46.73%	143.29%	74.09%	-34.35%	0.00%	0.00%
Invested Capital Growth	-9.26%	-8.44%	14.72%	177.82%	38,517,885.28%	0.00%
Revenue Q/Q Growth	1.76%	0.97%	6.56%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	5.39%	35.00%	97.49%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	40.74%	90.57%	59.14%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	30.68%	83.67%	58.11%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	19.28%	11.11%	54.23%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-20.00%	23.08%	38.55%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	2.64%	62.00%	29.52%	13.66%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-1.83%	9.84%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-3.13%	-3.92%	-4.09%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	60.09%	58.03%	55.05%	37.48%	33.29%	0.00%
EBITDA Margin	10.48%	8.25%	-0.38%	-52.16%	-73.77%	0.00%
Operating Margin	4.75%	-0.35%	-10.70%	-73.39%	-94.20%	0.00%
EBIT Margin	3.14%	-0.22%	-10.21%	-72.35%	-92.43%	0.00%
Profit (Net Income) Margin	-5.53%	-5.94%	-12.37%	-62.25%	-78.06%	0.00%
Tax Burden Percent	188.73%	93.79%	79.79%	72.74%	81.55%	100.00%
Interest Burden Percent	-93.42%	2,900.00%	151.85%	118.30%	103.55%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	4.05%	-0.26%	-6.51%	-29.06%	-146.44%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-21.10%	-14.93%	-19.47%	-62.85%	-15,619.89%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-15.86%	-10.27%	-9.48%	-13.99%	-27.22%	0.00%
Return on Equity (ROE)	-11.81%	-10.53%	-15.99%	-43.05%	-173.66%	-99.95%
Cash Return on Invested Capital (CROIC)	13.76%	8.55%	-20.22%	-123.19%	-346.44%	0.00%
Operating Return on Assets (OROA)	2.06%	-0.13%	-5.04%	-24.06%	-179.14%	0.00%
Return on Assets (ROA)	-3.63%	-3.64%	-6.11%	-20.70%	-151.28%	0.00%
Return on Common Equity (ROCE)	-11.76%	-5.54%	-8.29%	-23.97%	25.32%	-99.95%
Return on Equity Simple (ROE_SIMPLE)	-12.75%	-11.26%	-150.66%	-35.63%	595.60%	-99.95%
Net Operating Profit after Tax (NOPAT)	81	-5.60	-139	-392	-523	-0.00
NOPAT Margin	3.32%	-0.24%	-7.49%	-51.38%	-65.94%	0.00%
Net Nonoperating Expense Percent (NNEP)	25.15%	14.68%	12.96%	33.79%	15,473.45%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	3.30%	-0.22%	-5.35%	-	-	-
Cost of Revenue to Revenue	39.91%	41.97%	44.95%	62.52%	66.71%	0.00%
SG&A Expenses to Revenue	30.95%	30.87%	37.87%	62.52%	57.76%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	55.34%	58.38%	65.75%	110.88%	127.49%	0.00%
Earnings before Interest and Taxes (EBIT)	76	-5.00	-189	-552	-733	-0.00
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	254	189	-7.00	-398	-585	-0.00
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	4.15	2.49	20.53	0.76	0.00	404,530.74
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	404,530.74
Price to Revenue (P/Rev)	1.80	1.32	1.69	1.32	1.36	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.75	1.87	2.30	0.84	2.65	404,530.74
Enterprise Value to Revenue (EV/Rev)	2.15	1.70	2.83	2.17	2.39	0.00
Enterprise Value to EBITDA (EV/EBITDA)	20.50	20.57	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	68.50	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	64.67	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	19.14	24.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	19.04	20.86	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	1.31	1.12	0.89	0.68	0.00	0.00
Long-Term Debt to Equity	1.29	1.12	0.89	0.68	0.00	0.00
Financial Leverage	0.75	0.69	0.49	0.22	0.00	0.00
Leverage Ratio	3.25	2.90	2.62	2.08	1.15	1.00
Compound Leverage Factor	-3.04	83.97	3.97	2.46	1.19	1.00
Debt to Total Capital	56.70%	52.91%	47.13%	40.64%	0.21%	0.00%
Short-Term Debt to Total Capital	0.78%	0.27%	0.12%	0.12%	0.21%	0.00%
Long-Term Debt to Total Capital	55.92%	52.64%	47.01%	40.52%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.25%	0.16%	47.01%	6.40%	114.34%	0.00%
Common Equity to Total Capital	43.06%	46.93%	5.86%	52.96%	-14.55%	100.00%
Debt to EBITDA	5.45	7.21	-174.57	-2.57	0.00	0.00
Net Debt to EBITDA	3.28	4.61	-129.29	-1.23	0.00	0.00
Long-Term Debt to EBITDA	5.37	7.17	-174.14	-2.56	0.00	0.00
Debt to NOPAT	17.19	-243.21	-8.82	-2.61	0.00	0.00
Net Debt to NOPAT	10.36	-155.71	-6.53	-1.25	0.00	0.00
Long-Term Debt to NOPAT	16.96	-241.96	-8.80	-2.60	0.00	0.00
Altman Z-Score	1.32	0.95	1.21	-0.31	3.95	0.00
Noncontrolling Interest Sharing Ratio	0.44%	47.35%	48.17%	44.31%	114.58%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	1.64	1.64	1.60	1.46	0.61	0.00
Quick Ratio	1.48	1.50	1.43	1.27	0.11	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	274	186	-431	-1,662	-1,237	0.00
Operating Cash Flow to CapEx	254.21%	143.36%	-419.15%	-1,163.64%	-531.91%	0.00%
Free Cash Flow to Firm to Interest Expense	1.79	1.32	-4.39	-16.29	-45.82	0.00
Operating Cash Flow to Interest Expense	1.78	1.15	-4.02	-5.02	-9.26	0.00
Operating Cash Flow Less CapEx to Interest Expense	1.08	0.35	-4.98	-5.45	-11.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.66	0.61	0.49	0.33	1.94	0.00
Accounts Receivable Turnover	3.50	2.92	3.09	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	10.44	10.18	8.53	0.00	0.00	0.00
Accounts Payable Turnover	3.42	3.46	4.27	6.93	0.00	0.00
Days Sales Outstanding (DSO)	104.32	125.04	118.31	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	106.63	105.40	85.55	52.71	0.00	0.00
Cash Conversion Cycle (CCC)	-2.31	19.64	32.77	-52.71	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	1,891	2,084	2,276	1,984	714	0.00
Invested Capital Turnover	1.22	1.05	0.87	0.57	2.22	0.00
Increase / (Decrease) in Invested Capital	-193	-192	292	1,270	714	0.00
Enterprise Value (EV)	5,206	3,888	5,244	1,659	1,893	750
Market Capitalization	4,366	3,012	3,120	1,008	1,075	750
Book Value per Share	$2.23	$2.59	$0.33	$13.06	($1.01)	$0.00
Tangible Book Value per Share	($1.34)	($1.19)	($3.62)	($7.55)	($1.01)	$0.00
Total Capital	2,441	2,574	2,593	2,517	714	0.00
Total Debt	1,384	1,362	1,222	1,023	1.50	0.00
Total Long-Term Debt	1,365	1,355	1,219	1,020	0.00	0.00
Net Debt	834	872	905	490	1.24	0.00
Capital Expenditures (CapEx)	107	113	94	44	47	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-16	60	161	-182	0.37	0.00
Debt-free Net Working Capital (DFNWC)	520	536	464	334	0.63	0.00
Net Working Capital (NWC)	501	529	461	331	-0.87	0.00
Net Nonoperating Expense (NNE)	215	130	90	83	96	0.00
Net Nonoperating Obligations (NNO)	834	872	905	490	1.24	0.00
Total Depreciation and Amortization (D&A)	178	194	182	154	148	0.00
Debt-free, Cash-free Net Working Capital to Revenue	-0.66%	2.62%	8.70%	-23.85%	0.05%	0.00%
Debt-free Net Working Capital to Revenue	21.46%	23.41%	25.07%	43.77%	0.08%	0.00%
Net Working Capital to Revenue	20.68%	23.10%	24.91%	43.38%	-0.11%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.30)	($0.25)	($0.50)	$0.12	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	462.70M	251.65M	51.27M	102.10M	0.00	0.00
Adjusted Diluted Earnings per Share	($0.30)	($0.30)	($0.51)	$0.12	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	462.70M	458.06M	445.72M	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	478.41M	472.62M	463.95M	102.10M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	90	24	-141	-382	-379	-0.00
Normalized NOPAT Margin	3.70%	1.04%	-7.60%	-50.09%	-47.76%	0.00%
Pre Tax Income Margin	-2.93%	-6.33%	-15.51%	-85.58%	-95.71%	0.00%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.50	-0.04	-1.93	-5.41	-27.15	0.00
NOPAT to Interest Expense	0.53	-0.04	-1.41	-3.84	-19.37	0.00
EBIT Less CapEx to Interest Expense	-0.20	-0.84	-2.89	-5.84	-28.89	0.00
NOPAT Less CapEx to Interest Expense	-0.17	-0.84	-2.37	-4.27	-21.11	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	-0.21%	0.00%	0.00%
Augmented Payout Ratio	-41.04%	0.00%	0.00%	-2.32%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Global Business Travel Group's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.80%	7.65%	4.55%	5.57%	5.54%	4.17%	17.01%	21.81%	65.14%	27.60%	147.72%
EBITDA Growth	81.82%	31.71%	-56.58%	192.59%	95.56%	612.50%	790.91%	-57.81%	186.54%	97.14%	87.78%
EBIT Growth	192.68%	275.00%	-138.46%	240.91%	4,200.00%	85.71%	146.43%	-215.79%	98.96%	83.00%	54.84%
NOPAT Growth	213.08%	900.00%	775.00%	80,900.00%	-503.17%	107.89%	91.11%	110.53%	90.63%	87.85%	63.71%
Net Income Growth	494.74%	69.57%	-1,500.00%	149.09%	29.63%	26.98%	89.04%	-2,650.00%	70.33%	81.15%	31.13%
EPS Growth	500.00%	-500.00%	-1,300.00%	126.09%	33.33%	112.50%	95.35%	0.00%	0.00%	80.00%	0.00%
Operating Cash Flow Growth	8.16%	12.07%	-37.04%	58.70%	163.64%	1,550.00%	266.67%	129.68%	50.00%	97.63%	24.30%
Free Cash Flow Firm Growth	107.04%	10.25%	17.25%	544.34%	-392.64%	160.92%	108.12%	75.38%	1,424.58%	0.00%	-16,680.77%
Invested Capital Growth	-5.08%	-9.26%	-10.00%	-12.55%	0.00%	-8.44%	-8.60%	15.93%	0.00%	14.72%	3,393.47%
Revenue Q/Q Growth	5.08%	-1.01%	-4.48%	2.46%	11.11%	-3.85%	-3.55%	2.42%	9.68%	7.99%	0.41%
EBITDA Q/Q Growth	196.30%	63.64%	-58.23%	-10.23%	114.63%	-46.05%	181.48%	-40.00%	662.50%	27.27%	-117.19%
EBIT Q/Q Growth	757.14%	240.00%	-132.26%	-24.39%	612.50%	-130.77%	218.18%	-2,100.00%	98.21%	0.00%	-394.74%
NOPAT Q/Q Growth	104.61%	11.11%	-98.33%	3,084.21%	-1,909.52%	175.00%	-300.00%	122.22%	76.32%	15.56%	-136.84%
Net Income Q/Q Growth	635.71%	89.06%	-574.07%	242.11%	58.70%	-475.00%	85.45%	-103.70%	57.14%	13.70%	-3,550.00%
EPS Q/Q Growth	500.00%	85.71%	-566.67%	250.00%	-500.00%	150.00%	91.30%	-283.33%	25.00%	81.40%	0.00%
Operating Cash Flow Q/Q Growth	-18.46%	-23.53%	16.44%	48.98%	-15.52%	-57.04%	193.48%	159.74%	-1,825.00%	95.06%	47.74%
Free Cash Flow Firm Q/Q Growth	-31.32%	-9.28%	-83.49%	168.47%	-1,175.22%	-3.53%	162.56%	-145.09%	323.85%	87.14%	-89.57%
Invested Capital Q/Q Growth	2.86%	-3.13%	-5.01%	0.29%	-1.68%	-3.92%	-7.70%	0.00%	-100.00%	-4.09%	17.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	62.80%	59.73%	60.30%	60.48%	59.84%	56.65%	58.32%	58.95%	58.13%	54.08%	55.33%
EBITDA Margin	25.76%	9.14%	5.53%	12.64%	14.43%	7.47%	13.31%	4.56%	7.79%	-1.52%	-2.25%
Operating Margin	8.86%	5.08%	4.52%	6.72%	2.62%	0.55%	-0.70%	0.34%	-1.56%	-7.21%	-9.22%
EBIT Margin	19.32%	2.37%	-1.68%	4.96%	6.72%	-1.46%	4.55%	-3.72%	-0.17%	-10.63%	-11.48%
Profit (Net Income) Margin	12.08%	-2.37%	-21.44%	4.32%	-3.11%	-8.38%	-1.40%	-9.29%	-4.67%	-11.95%	-14.96%
Tax Burden Percent	78.13%	233.33%	172.97%	2,700.00%	-237.50%	106.98%	80.00%	96.49%	77.14%	74.12%	89.02%
Interest Burden Percent	80.00%	-42.86%	740.00%	3.23%	19.51%	537.50%	-38.46%	259.09%	3,500.00%	151.79%	146.43%
Effective Tax Rate	21.88%	0.00%	0.00%	-2,600.00%	337.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	8.43%	4.33%	3.66%	194.00%	-14.12%	0.40%	-0.49%	0.24%	0.00%	-4.39%	-9.75%
ROIC Less NNEP Spread (ROIC-NNEP)	12.22%	0.23%	-13.03%	74.20%	-9.78%	-5.01%	-1.03%	-6.13%	0.00%	-9.60%	-17.88%
Return on Net Nonoperating Assets (RNNOA)	8.99%	0.17%	-9.72%	53.62%	-7.29%	-3.45%	-0.76%	-4.17%	0.00%	-4.68%	-14.24%
Return on Equity (ROE)	17.42%	4.50%	-6.06%	247.63%	-21.41%	-3.05%	-1.25%	-3.93%	0.00%	-9.06%	-23.99%
Cash Return on Invested Capital (CROIC)	-14.30%	13.76%	13.52%	15.21%	-198.84%	8.55%	7.47%	-17.64%	0.00%	-20.22%	0.00%
Operating Return on Assets (OROA)	12.34%	1.56%	-1.05%	3.01%	4.07%	-0.89%	2.64%	-2.07%	0.00%	-5.25%	-8.36%
Return on Assets (ROA)	7.72%	-1.56%	-13.38%	2.62%	-1.89%	-5.13%	-0.81%	-5.18%	0.00%	-5.90%	-10.90%
Return on Common Equity (ROCE)	17.35%	4.48%	-6.04%	134.71%	-21.35%	-1.60%	-0.68%	-0.40%	0.00%	-4.70%	-1.70%
Return on Equity Simple (ROE_SIMPLE)	-3.57%	0.00%	-15.08%	-3.79%	-10.93%	0.00%	-12.22%	-123.16%	0.00%	0.00%	-308.82%
Net Operating Profit after Tax (NOPAT)	43	21	19	1,134	-38	2.10	-2.80	1.40	-6.30	-27	-32
NOPAT Margin	6.92%	3.55%	3.17%	181.44%	-6.23%	0.38%	-0.49%	0.24%	-1.09%	-5.05%	-6.45%
Net Nonoperating Expense Percent (NNEP)	-3.78%	4.10%	16.69%	119.81%	-4.34%	5.41%	0.54%	6.37%	0.00%	5.22%	8.14%
Return On Investment Capital (ROIC_SIMPLE)	1.71%	0.86%	-	-	-	0.08%	-	-	-	-1.03%	-
Cost of Revenue to Revenue	37.20%	40.27%	39.70%	39.52%	40.16%	43.35%	41.68%	41.05%	41.87%	45.92%	44.67%
SG&A Expenses to Revenue	30.27%	29.95%	31.32%	30.72%	31.80%	30.05%	31.52%	31.93%	29.93%	34.35%	38.11%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	53.95%	54.65%	55.78%	53.76%	57.21%	56.10%	59.02%	58.61%	59.69%	61.29%	64.55%
Earnings before Interest and Taxes (EBIT)	120	14	-10	31	41	-8.00	26	-22	-1.00	-56	-56
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	160	54	33	79	88	41	76	27	45	-8.00	-11
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.10	4.15	3.31	2.57	2.43	2.49	2.04	18.97	0.00	20.53	15.77
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.43	1.80	1.53	1.32	1.22	1.32	1.13	1.54	1.48	1.69	1.47
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.21	2.75	2.30	1.93	1.81	1.87	1.60	2.35	0.00	2.30	2.01
Enterprise Value to Revenue (EV/Rev)	1.77	2.15	1.89	1.68	1.60	1.70	1.53	2.53	0.00	2.83	2.74
Enterprise Value to EBITDA (EV/EBITDA)	13.18	20.50	18.63	13.94	16.03	20.57	24.82	104.35	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	27.72	68.50	83.16	44.00	100.50	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	64.67	72.90	99.26	312.47	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	15.57	19.14	16.95	12.57	12.91	24.00	34.75	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	19.04	16.12	11.83	0.00	20.86	20.48	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.23	1.31	1.25	1.12	1.16	1.12	1.08	1.01	0.00	0.89	1.00
Long-Term Debt to Equity	1.21	1.29	1.24	1.11	1.15	1.12	1.08	1.01	0.00	0.89	1.00
Financial Leverage	0.74	0.75	0.75	0.72	0.75	0.69	0.74	0.68	0.00	0.49	0.80
Leverage Ratio	3.31	3.25	3.23	3.04	3.27	2.90	3.00	3.01	0.00	2.62	3.72
Compound Leverage Factor	2.65	-1.39	23.92	0.10	0.64	15.56	-1.16	7.79	0.00	3.97	5.45
Debt to Total Capital	55.12%	56.70%	55.58%	52.85%	53.72%	52.91%	51.99%	50.37%	0.00%	47.13%	50.06%
Short-Term Debt to Total Capital	0.76%	0.78%	0.64%	0.27%	0.32%	0.27%	0.23%	0.22%	0.00%	0.12%	0.15%
Long-Term Debt to Total Capital	54.36%	55.92%	54.94%	52.57%	53.41%	52.64%	51.76%	50.15%	0.00%	47.01%	49.91%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.24%	0.25%	0.20%	0.15%	0.12%	0.16%	0.11%	43.07%	0.00%	47.01%	43.96%
Common Equity to Total Capital	44.64%	43.06%	44.22%	47.00%	46.16%	46.93%	47.90%	6.56%	0.00%	5.86%	5.98%
Debt to EBITDA	4.25	5.45	5.74	4.81	5.88	7.21	9.71	25.64	0.00	-174.57	-4.87
Net Debt to EBITDA	2.51	3.28	3.51	2.95	3.77	4.61	6.53	19.08	0.00	-129.29	-3.67
Long-Term Debt to EBITDA	4.19	5.37	5.68	4.78	5.84	7.17	9.66	25.53	0.00	-174.14	-4.85
Debt to NOPAT	-3.55	17.19	22.47	34.21	114.54	-243.21	-39.62	-21.57	0.00	-8.82	-4.09
Net Debt to NOPAT	-2.10	10.36	13.73	20.98	73.53	-155.71	-26.65	-16.05	0.00	-6.53	-3.09
Long-Term Debt to NOPAT	-3.50	16.96	22.21	34.04	113.87	-241.96	-39.45	-21.48	0.00	-8.80	-4.08
Altman Z-Score	1.15	1.26	1.03	1.03	0.90	0.95	0.86	1.40	0.00	1.32	1.09
Noncontrolling Interest Sharing Ratio	0.39%	0.44%	0.34%	45.60%	0.26%	47.35%	45.76%	89.90%	0.00%	48.17%	92.91%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.60	1.64	1.56	1.65	1.50	1.64	1.59	1.64	0.00	1.60	1.64
Quick Ratio	1.45	1.48	1.41	1.45	1.35	1.50	1.43	1.46	0.00	1.43	1.45
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	147	214	236	1,429	-2,087	194	201	-322	713	-319	-2,477
Operating Cash Flow to CapEx	196.30%	203.13%	326.92%	304.17%	196.00%	223.08%	482.14%	170.37%	-240.63%	-19.05%	-261.29%
Free Cash Flow to Firm to Interest Expense	5.65	9.73	3.57	44.66	-63.24	5.39	5.59	-9.19	20.98	-10.99	-95.25
Operating Cash Flow to Interest Expense	2.04	2.95	1.29	2.28	1.48	1.61	3.75	1.31	-2.26	-0.14	-3.12
Operating Cash Flow Less CapEx to Interest Expense	1.00	1.50	0.89	1.53	0.73	0.89	2.97	0.54	-3.21	-0.86	-4.31
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.64	0.66	0.62	0.61	0.61	0.61	0.58	0.56	0.00	0.49	0.73
Accounts Receivable Turnover	3.02	3.50	2.93	2.69	2.74	2.92	2.46	2.55	0.00	3.09	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	10.42	10.44	10.35	10.26	10.01	10.18	9.95	9.98	0.00	8.53	0.00
Accounts Payable Turnover	2.68	3.42	2.70	2.50	2.49	3.46	2.63	2.65	0.00	4.27	4.74
Days Sales Outstanding (DSO)	120.94	104.32	124.63	135.85	133.46	125.04	148.62	142.99	0.00	118.31	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	136.16	106.63	135.36	145.81	146.61	105.40	139.00	137.50	0.00	85.55	77.01
Cash Conversion Cycle (CCC)	-15.22	-2.31	-10.73	-9.96	-13.15	19.64	9.62	5.49	0.00	32.77	-77.01
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,945	1,891	1,952	2,055	2,049	2,084	2,169	2,350	0.00	2,276	2,373
Invested Capital Turnover	1.22	1.22	1.16	1.07	2.27	1.05	1.00	1.00	0.00	0.87	1.51
Increase / (Decrease) in Invested Capital	-104	-193	-217	-295	2,049	-192	-204	323	-719	292	2,445
Enterprise Value (EV)	4,297	5,206	4,490	3,960	3,718	3,888	3,475	5,530	0.00	5,244	4,766
Market Capitalization	3,473	4,366	3,639	3,119	2,840	3,012	2,558	3,357	3,076	3,120	2,555
Book Value per Share	$2.34	$2.23	$2.33	$2.57	$2.48	$2.59	$2.69	$0.38	$0.00	$0.33	$0.36
Tangible Book Value per Share	($1.19)	($1.34)	($1.34)	($1.05)	($1.19)	($1.19)	($1.09)	($3.50)	$0.00	($3.62)	($3.66)
Total Capital	2,511	2,441	2,490	2,583	2,537	2,574	2,614	2,698	0.00	2,593	2,707
Total Debt	1,384	1,384	1,384	1,365	1,363	1,362	1,359	1,359	0.00	1,222	1,355
Total Long-Term Debt	1,365	1,365	1,368	1,358	1,355	1,355	1,353	1,353	0.00	1,219	1,351
Net Debt	818	834	846	837	875	872	914	1,011	0.00	905	1,021
Capital Expenditures (CapEx)	27	32	26	24	25	26	28	27	32	21	31
Debt-free, Cash-free Net Working Capital (DFCFNWC)	12	-16	-6.00	61	27	60	120	250	0.00	161	252
Debt-free Net Working Capital (DFNWC)	564	520	518	576	502	536	552	585	0.00	464	572
Net Working Capital (NWC)	545	501	502	569	494	529	546	579	0.00	461	568
Net Nonoperating Expense (NNE)	-32	35	147	1,107	-19	48	5.20	56	21	36	42
Net Nonoperating Obligations (NNO)	818	834	846	837	875	872	914	1,011	0.00	905	1,021
Total Depreciation and Amortization (D&A)	40	40	43	48	47	49	50	49	46	48	45
Debt-free, Cash-free Net Working Capital to Revenue	0.49%	-0.66%	-0.25%	2.59%	1.16%	2.62%	5.29%	11.44%	0.00%	8.70%	14.51%
Debt-free Net Working Capital to Revenue	23.17%	21.46%	21.76%	24.46%	21.62%	23.41%	24.34%	26.77%	0.00%	25.07%	32.93%
Net Working Capital to Revenue	22.39%	20.68%	21.08%	24.16%	21.27%	23.10%	24.07%	26.50%	0.00%	24.91%	32.70%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.16	($0.04)	($0.28)	$0.06	($0.04)	$0.01	$0.00	($0.23)	$0.00	($0.51)	($0.43)
Adjusted Weighted Average Basic Shares Outstanding	465.87M	462.70M	462.29M	464.60M	461.39M	251.65M	419.15M	61.85M	0.00	51.27M	48.87M
Adjusted Diluted Earnings per Share	$0.16	($0.04)	($0.28)	$0.06	($0.04)	$0.01	($0.02)	($0.23)	$0.00	($0.08)	($0.43)
Adjusted Weighted Average Diluted Shares Outstanding	478.72M	462.70M	462.29M	470.66M	461.39M	458.06M	457.74M	61.85M	0.00	445.72M	48.87M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	478.70M	478.41M	470.50M	473.27M	472.62M	472.62M	467.02M	465.03M	0.00	463.95M	462.20M
Normalized Net Operating Profit after Tax (NOPAT)	46	23	22	27	18	2.10	5.60	6.30	9.80	-25	-33
Normalized NOPAT Margin	7.42%	3.91%	3.63%	4.37%	2.87%	0.38%	0.98%	1.06%	1.70%	-4.78%	-6.74%
Pre Tax Income Margin	15.46%	-1.02%	-12.40%	0.16%	1.31%	-7.83%	-1.75%	-9.63%	-6.06%	-16.13%	-16.80%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.62	0.64	-0.15	0.97	1.24	-0.22	0.72	-0.63	-0.03	-1.93	-2.15
NOPAT to Interest Expense	1.65	0.95	0.29	35.44	-1.15	0.06	-0.08	0.04	-0.19	-0.92	-1.21
EBIT Less CapEx to Interest Expense	3.58	-0.82	-0.55	0.22	0.48	-0.94	-0.06	-1.40	-0.97	-2.66	-3.35
NOPAT Less CapEx to Interest Expense	0.61	-0.50	-0.11	34.69	-1.91	-0.66	-0.86	-0.73	-1.13	-1.64	-2.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-140.00%	-41.04%	-33.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Global Business Travel Group's Financials

When does Global Business Travel Group's fiscal year end?

According to the most recent income statement we have on file, Global Business Travel Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Global Business Travel Group's net income changed over the last 5 years?

Global Business Travel Group's net income appears to be on a downward trend, with a most recent value of -$134 million in 2024, rising from -$1.85 thousand in 2019. The previous period was -$136 million in 2023. Find out what analysts predict for Global Business Travel Group in the coming months.

What is Global Business Travel Group's operating income?

Global Business Travel Group's total operating income in 2024 was $115 million, based on the following breakdown:

Total Gross Profit: $1.46 billion
Total Operating Expenses: $1.34 billion

How has Global Business Travel Group revenue changed over the last 5 years?

Over the last 5 years, Global Business Travel Group's total revenue changed from $0.00 in 2019 to $2.42 billion in 2024, a change of 242,300,000,000.0%.

How much debt does Global Business Travel Group have?

Global Business Travel Group's total liabilities were at $2.57 billion at the end of 2024, a 1.1% increase from 2023, and a 256,700,000,000.0% increase since 2019.

How much cash does Global Business Travel Group have?

In the past 5 years, Global Business Travel Group's cash and equivalents has ranged from $0.00 in 2019 to $536 million in 2024, and is currently $536 million as of their latest financial filing in 2024.

How has Global Business Travel Group's book value per share changed over the last 5 years?

Over the last 5 years, Global Business Travel Group's book value per share changed from 0.00 in 2019 to 2.23 in 2024, a change of 2,233,700.0%.

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This page (NYSE:GBTG) was last updated on 5/21/2025 by MarketBeat.com Staff

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Global Business Travel Group (GBTG) Financials

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