GLOBAL BUSINESS TRAVEL GROUP (GBTG) Stock Fundamental Analysis

NYSE:GBTG • US37890B1008

5.26 USD
+0.16 (+3.14%)
At close: Feb 25, 2026
5.26 USD
0 (0%)
After Hours: 2/25/2026, 8:16:06 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

GBTG gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 126 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and financial health of GBTG have multiple concerns. GBTG is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year GBTG has reported negative net income.
  • GBTG had a positive operating cash flow in the past year.
  • In the past 5 years GBTG always reported negative net income.
  • The reported operating cash flow has been mixed in the past 5 years: GBTG reported negative operating cash flow in multiple years.
GBTG Yearly Net Income VS EBIT VS OCF VS FCFGBTG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 200M -200M -400M -600M

1.2 Ratios

  • GBTG's Return On Assets of 0.21% is on the low side compared to the rest of the industry. GBTG is outperformed by 64.29% of its industry peers.
  • GBTG has a Return On Equity (0.65%) which is in line with its industry peers.
  • The Return On Invested Capital of GBTG (4.11%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA 0.21%
ROE 0.65%
ROIC 4.11%
ROA(3y)-2.05%
ROA(5y)-8.27%
ROE(3y)-11.6%
ROE(5y)-26.03%
ROIC(3y)N/A
ROIC(5y)N/A
GBTG Yearly ROA, ROE, ROICGBTG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 2M 4M 6M

1.3 Margins

  • The Profit Margin of GBTG (0.40%) is worse than 63.49% of its industry peers.
  • GBTG has a Operating Margin (7.11%) which is in line with its industry peers.
  • In the last couple of years the Operating Margin of GBTG has declined.
  • GBTG's Gross Margin of 61.02% is fine compared to the rest of the industry. GBTG outperforms 75.40% of its industry peers.
  • In the last couple of years the Gross Margin of GBTG has remained more or less at the same level.
Industry RankSector Rank
OM 7.11%
PM (TTM) 0.4%
GM 61.03%
OM growth 3YN/A
OM growth 5Y-12.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y17.04%
GM growth 5Y0.55%
GBTG Yearly Profit, Operating, Gross MarginsGBTG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60 -60

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • GBTG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, GBTG has more shares outstanding
  • GBTG has more shares outstanding than it did 5 years ago.
  • GBTG has a worse debt/assets ratio than last year.
GBTG Yearly Shares OutstandingGBTG Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
GBTG Yearly Total Debt VS Total AssetsGBTG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • Based on the Altman-Z score of 0.78, we must say that GBTG is in the distress zone and has some risk of bankruptcy.
  • GBTG has a Altman-Z score of 0.78. This is in the lower half of the industry: GBTG underperforms 69.84% of its industry peers.
  • GBTG has a debt to FCF ratio of 11.20. This is a negative value and a sign of low solvency as GBTG would need 11.20 years to pay back of all of its debts.
  • GBTG has a Debt to FCF ratio of 11.20. This is comparable to the rest of the industry: GBTG outperforms 53.17% of its industry peers.
  • A Debt/Equity ratio of 0.89 indicates that GBTG is somewhat dependend on debt financing.
  • GBTG has a Debt to Equity ratio (0.89) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 11.2
Altman-Z 0.78
ROIC/WACC0.56
WACC7.31%
GBTG Yearly LT Debt VS Equity VS FCFGBTG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B

2.3 Liquidity

  • A Current Ratio of 1.23 indicates that GBTG should not have too much problems paying its short term obligations.
  • GBTG has a Current ratio (1.23) which is comparable to the rest of the industry.
  • A Quick Ratio of 1.23 indicates that GBTG should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.23, GBTG is doing good in the industry, outperforming 63.49% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.23
Quick Ratio 1.23
GBTG Yearly Current Assets VS Current LiabilitesGBTG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • GBTG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 63.58%, which is quite impressive.
  • GBTG shows a small growth in Revenue. In the last year, the Revenue has grown by 5.81%.
  • GBTG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.72% yearly.
EPS 1Y (TTM)63.58%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40.91%
Revenue 1Y (TTM)5.81%
Revenue growth 3Y46.99%
Revenue growth 5Y2.72%
Sales Q2Q%12.9%

3.2 Future

  • GBTG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.99% yearly.
  • GBTG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.89% yearly.
EPS Next Y231.33%
EPS Next 2Y78.31%
EPS Next 3Y52.56%
EPS Next 5Y43.99%
Revenue Next Year12.06%
Revenue Next 2Y15.87%
Revenue Next 3Y11.67%
Revenue Next 5Y6.89%

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
GBTG Yearly Revenue VS EstimatesGBTG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B
GBTG Yearly EPS VS EstimatesGBTG Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 1 1.5

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for GBTG. In the last year negative earnings were reported.
  • With a Price/Forward Earnings ratio of 12.05, GBTG is valued correctly.
  • Based on the Price/Forward Earnings ratio, GBTG is valued cheaply inside the industry as 81.75% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of GBTG to the average of the S&P500 Index (28.03), we can say GBTG is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 12.05
GBTG Price Earnings VS Forward Price EarningsGBTG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 -40

4.2 Price Multiples

  • GBTG's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of GBTG indicates a somewhat cheap valuation: GBTG is cheaper than 66.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 22.21
EV/EBITDA 10.59
GBTG Per share dataGBTG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as GBTG's earnings are expected to grow with 52.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y78.31%
EPS Next 3Y52.56%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • GBTG does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

GLOBAL BUSINESS TRAVEL GROUP

NYSE:GBTG (2/25/2026, 8:16:06 PM)

After market: 5.26 0 (0%)

5.26

+0.16 (+3.14%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-10
Earnings (Next)03-11
Inst Owners38.76%
Inst Owner Change3.3%
Ins Owners4.77%
Ins Owner Change3.28%
Market Cap2.75B
Revenue(TTM)2.52B
Net Income(TTM)10.00M
Analysts83.08
Price Target11.07 (110.46%)
Short Float %4.86%
Short Ratio6.16
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-505.12%
Min EPS beat(2)-949.67%
Max EPS beat(2)-60.57%
EPS beat(4)1
Avg EPS beat(4)-373.99%
Min EPS beat(4)-949.67%
Max EPS beat(4)30.94%
EPS beat(8)2
Avg EPS beat(8)-280.71%
EPS beat(12)2
Avg EPS beat(12)-579.89%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.98%
Min Revenue beat(2)-1.56%
Max Revenue beat(2)7.51%
Revenue beat(4)1
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-3.91%
Max Revenue beat(4)7.51%
Revenue beat(8)1
Avg Revenue beat(8)-1.44%
Revenue beat(12)5
Avg Revenue beat(12)-0.5%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)7.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20%
EPS NY rev (1m)843.37%
EPS NY rev (3m)121.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)28.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.41%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 12.05
P/S 1.09
P/FCF 22.21
P/OCF 11.19
P/B 1.8
P/tB N/A
EV/EBITDA 10.59
EPS(TTM)-0.11
EYN/A
EPS(NY)0.44
Fwd EY8.3%
FCF(TTM)0.24
FCFY4.5%
OCF(TTM)0.47
OCFY8.93%
SpS4.81
BVpS2.92
TBVpS-1.51
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 0.21%
ROE 0.65%
ROCE 5.21%
ROIC 4.11%
ROICexc 4.7%
ROICexgc 20.38%
OM 7.11%
PM (TTM) 0.4%
GM 61.03%
FCFM 4.93%
ROA(3y)-2.05%
ROA(5y)-8.27%
ROE(3y)-11.6%
ROE(5y)-26.03%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-92.96%
ROICexc growth 3YN/A
ROICexc growth 5Y-94.57%
OM growth 3YN/A
OM growth 5Y-12.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y17.04%
GM growth 5Y0.55%
F-Score7
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 11.2
Debt/EBITDA 3.89
Cap/Depr 70.93%
Cap/Sales 4.85%
Interest Coverage 250
Cash Conversion 70.09%
Profit Quality 1240%
Current Ratio 1.23
Quick Ratio 1.23
Altman-Z 0.78
F-Score7
WACC7.31%
ROIC/WACC0.56
Cap/Depr(3y)56.67%
Cap/Depr(5y)46.07%
Cap/Sales(3y)4.81%
Cap/Sales(5y)5.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)63.58%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40.91%
EPS Next Y231.33%
EPS Next 2Y78.31%
EPS Next 3Y52.56%
EPS Next 5Y43.99%
Revenue 1Y (TTM)5.81%
Revenue growth 3Y46.99%
Revenue growth 5Y2.72%
Sales Q2Q%12.9%
Revenue Next Year12.06%
Revenue Next 2Y15.87%
Revenue Next 3Y11.67%
Revenue Next 5Y6.89%
EBIT growth 1Y276.47%
EBIT growth 3YN/A
EBIT growth 5Y-10.1%
EBIT Next Year203.32%
EBIT Next 3Y60.5%
EBIT Next 5Y44.43%
FCF growth 1Y1650%
FCF growth 3YN/A
FCF growth 5Y0%
OCF growth 1Y146%
OCF growth 3YN/A
OCF growth 5Y3.68%

GLOBAL BUSINESS TRAVEL GROUP / GBTG FAQ

What is the ChartMill fundamental rating of GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?

ChartMill assigns a fundamental rating of 3 / 10 to GBTG.


Can you provide the valuation status for GLOBAL BUSINESS TRAVEL GROUP?

ChartMill assigns a valuation rating of 5 / 10 to GLOBAL BUSINESS TRAVEL GROUP (GBTG). This can be considered as Fairly Valued.


How profitable is GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?

GLOBAL BUSINESS TRAVEL GROUP (GBTG) has a profitability rating of 2 / 10.


Can you provide the financial health for GBTG stock?

The financial health rating of GLOBAL BUSINESS TRAVEL GROUP (GBTG) is 3 / 10.