Skip to content
stocks-llm

GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG)

Consumer Discretionary · Travel technology and services · NYSE

Global Business Travel Group is a leading provider of comprehensive corporate travel management software and services for business enterprises globally.

View SEC filings Filings archive → Large price moves → Website Find companies like GBTG → Ask about GBTG →

What GLOBAL BUSINESS TRAVEL GROUP INC A does

Global Business Travel Group provides travel management services, including booking platforms, expense management tools, and travel-related consultancy, for corporate clients worldwide. The company operates an integrated platform that manages corporate travel programs, traveler safety, and travel policy compliance. It supports businesses in optimizing travel spending and provides travel support services to corporate employees.

Themes: corporate travel management, business travel technology, travel booking and expense management, traveler safety and compliance

Fundamentals

  • Price$9.50 as of 2026-09-29 close
  • Market cap$5.0B as of 2026-07-31 (share count; price 2026-09-29)
  • 1-year return+16.1% 2025-09-29 close $8.18 → 2026-09-29 close $9.50
  • P/E59.71 as of 2026-09-29
  • Net margin+4.1% FY2025, SEC XBRL
  • ROE+6.9% FY2025, SEC XBRL
  • Debt / equity0.92 as of 2026-09-03
  • Revenue growth (YoY)+30.2% as of 2026-09-03
  • Revenue CAGR (3y)+13.7% SEC XBRL
  • Beta0.92 as of 2026-09-03
  • Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)

Ask why GBTG looks like this →

How GBTG compares in its sector

  • price-to-earnings ratiotop 10% 258 covered Consumer Discretionary peers, as of 2026-09-29
  • net profit marginmiddle range 314 covered Consumer Discretionary peers, as of 2026-09-03
  • operating marginmiddle range 281 covered Consumer Discretionary peers, as of 2026-09-03
  • return on equitymiddle range 293 covered Consumer Discretionary peers, as of 2026-09-03
  • 3-year revenue CAGRtop 25% 326 covered Consumer Discretionary peers
  • free cash flow (absolute dollars, latest fiscal year)middle range 311 covered Consumer Discretionary peers, as of FY2025

Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

Ask how GBTG stacks up against peers →

How GLOBAL BUSINESS TRAVEL GROUP INC A looks technically

Trend

5
Distance from the 200-daynot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
50-day moving averagenot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $7.93$7.93
Since the 50/200 crossnot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
Trend strength (14-day ADX)not current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a

Range

12
52-week highnot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
From the 52-week highnot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
Above the 52-week lownot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
Below the 52-week highnot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
Since a 20-day breakoutnot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
Since a 55-day breakoutnot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
All-time highits highest closing price on record is $9.60 (set on 2024-11-25)$9.60
Given back of the 52-week movenot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
From the all-time highnot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
Nearest price levelnot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a
All-time lowits lowest closing price on record is $4.26 (set on 2022-11-17)$4.26
Above the all-time lownot current — this company's price series (ends 2026-09-29) is 7 trading sessions behind the rest of the catalogn/a

Based on daily closing prices as of 2026-09-29. Describes past price behavior only — informational, not financial advice.

Ask about GBTG's technicals →

Analyst consensus

  • Consensus ratingHold (3.00 mean, 1=Strong Buy…5=Strong Sell)

Analyst estimates, as of 2026-10-09. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for GBTG

  • Consensus EPS estimate$0.11 next reporting period, as of 2026-10-09

Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

Ask how GBTG's estimates have moved →

Key risks (from latest filing)

["Sensitivity to travel industry fluctuations and geopolitical instability","Reliance on effective integration of technology platforms and partnerships","Exposure to foreign currency exchange rate volatility"]

See GBTG's biggest risks from its latest 10-Q →

What changed in the latest 10-Q

AI-assisted comparison of GBTG's 10-Q filed 2026-08-04 against the prior one filed 2026-05-11.

Management's Discussion & Analysis (MD&A)

  • Added:
    • Newer filing (2026-08-04) adds: 'the ability to achieve the cost reductions contemplated by our business strategy after the completion of the Merger;' to the forward-looking statements risk factors list.
    • Newer filing (2026-08-04) adds: 'those risks and uncertainties that are described in the definitive proxy statement that was filed with the SEC on July 6, 2026 in connection with the Merger.' to the forward-looking statements risk factors list.
    • Newer filing (2026-08-04) adds: 'our Quarterly Report on Form 10-Q for the three months ended March 31, 2026 filed with the SEC on May 11, 2026 ("First Quarter Report on Form 10-Q"); and' to the 'other factors detailed under the heading "Risk Factors"' bullet point.
    • Newer filing (2026-08-04) adds: 'These factors should not be construed as exhaustive and should be read in conjunction with the other forward-looking statements. The forward-looking statements relate to events only as of the date on which the statements are made.' following the 'Should one or more of these risks or uncertainties materialize...' sentence.
  • Removed:
    • Older filing (2026-05-11) contains: 'including our ability to apply our procedures regarding internal controls over financial reporting to CWT' in the CWT integration-related risk factor bullet point, which is absent from the newer filing.
  • Reworded:
    • Older filing (2026-05-11) states: 'other factors detailed under the heading "Risk Factors" in this Form 10-Q and our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 9, 2026 ("Annual Report on Form 10-K").' Newer filing (2026-08-04) states: 'other factors detailed under the heading "Risk Factors" in this Form 10-Q, our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 9, 2026 ("Annual Report on Form 10-K") and our Quarterly Report on Form 10-Q for the three months ended March 31, 2026 filed with the SEC on May 11, 2026 ("First Quarter Report on Form 10-Q"); and'
  • Notes:
    • The newer filing text appears truncated at 'Travel Suppliers: The hub of our business is our marketplace, where we connect travel suppliers with one of the l' and the older filing text appears truncated at 'providing the content, negotiated rates,'. Comparison beyond these truncation points was not possible.

Risk Factors

  • Added:
    • Newer filing (2026-08-04) includes a risk factor reference: 'refer to the section titled Risk Factors in our Annual Report on Form 10-K and our First Quarter Report on Form 10-Q' (older filing only referred to the Annual Report on Form 10-K).
    • Newer filing (2026-08-04) Item 2 footnote (2) states: 'On May 2, 2026, the share repurchase program was terminated, in accordance with its terms, in connection with our entry into the Merger Agreement. As a result, we do not expect to make any additional repurchases under the program, and no amount remained available for future repurchases under the program as of June 30, 2026.' (No equivalent footnote in older filing.)
    • Newer filing (2026-08-04) Exhibit 10.2: 'Severance Protection Agreement, dated November 29, 2021, by and between GBT US LLC and John David Thompson (incorporated by reference to Exhibit 10.1 of the Company's Current Report on Form 8-K, filed with the SEC on May 12, 2026).'
    • Newer filing (2026-08-04) Exhibit 10.3: 'Executive Release of Claims, dated as of May 7, 2026, by and between GBT US LLC and John David Thompson (incorporated by reference to Exhibit 10.2 of the Company's Current Report on Form 8-K, filed with the SEC on May 12, 2026).'
  • Removed:
    • Older filing (2026-05-11) included four merger-related risk factors that are not present in the newer filing: 'We may not complete the proposed Merger within the time frame we anticipate or at all.'
    • Older filing (2026-05-11) included risk factor: 'The proposed Merger may cause our financial results to differ from our expectations or the expectations of the investment community, we may not achieve the anticipated benefits of the Merger, and the Merger may disrupt our current plans or operations.'
    • Older filing (2026-05-11) included risk factor: 'Litigation relating to the Merger could result in significant costs and delay completion.'
    • Older filing (2026-05-11) included risk factor: 'If the Merger is completed, our stockholders will forgo the opportunity to realize potential future appreciation in our stock.'
    • Older filing (2026-05-11) Exhibit 10.1 (Amendment No. 2, dated as of January 21, 2026, by and among Global Business Travel Group Inc., GBT US III LLC... filed January 22, 2026) is not present in the newer filing.
  • Reworded:
    • Older filing (2026-05-11) introductory sentence: 'For the three months ended March 31, 2026, there were no material changes to the risk factors that were presented in our Annual Report on Form 10-K under Part I, Item IA. Risk Factors, other than as reflected in the risk factors below.' Newer filing (2026-08-04) replaces this with a forward-looking referral to the Annual Report on Form 10-K and First Quarter Report on Form 10-Q.
    • Older filing (2026-05-11) Item 2 text: 'Below is a summary of $38 million of our Class A common stock repurchased by us during the quarter ended March 31, 2026'. Newer filing (2026-08-04): 'Below is a summary of our Class A common stock repurchased by us during the quarter ended June 30, 2026' (dollar amount removed, period changed).
    • Older filing (2026-05-11) Item 2 footnote (1): 'The share repurchase program may be suspended, modified or discontinued at any time, and we have no obligation to repurchase any amount'. Newer filing (2026-08-04): 'The share repurchase program could be suspended, modified or discontinued at any time, and did not obligate us to repurchase any amount'.
    • Older filing (2026-05-11) Item 2 footnote (2): 'Pursuant to a share repurchase agreement, we repurchased 1.8 million shares of Class A common stock from a shareholder in a privately negotiated transaction. The shares repurchased are held as treasury shares.' (Removed in newer filing; no equivalent footnote.)
    • Older filing (2026-05-11) Exhibit 10.1 was 'Amendment No. 2...' and Exhibit 10.2 was 'Form of Voting Agreement...'. Newer filing (2026-08-04) renumbers: Form of Voting Agreement is Exhibit 10.1; Severance Protection Agreement is Exhibit 10.2; Executive Release of Claims is Exhibit 10.3.
    • Newer filing (2026-08-04) Exhibit 2.1 is marked with footnote '#' (certain exhibits or schedules omitted). Older filing (2026-05-11) Exhibit 2.1 also carried '#' but Exhibit 10.1 (Form of Voting Agreement) did not in the older filing; in the newer filing Exhibit 10.1 (Form of Voting Agreement) no longer carries '#' while Exhibit 2.1 does.
  • Notes:
    • The provided 'Risk Factors' section in the newer filing contains a single paragraph and then transitions into Items 2-6. The older filing's risk factor section contains the merger-related risk factors. This is an AI-assisted comparison limited to the provided text excerpts.
    • The newer excerpt appears to include the full Item 1A text (one paragraph), while the older excerpt contains Item 1A plus the merger-related risk factors. It is possible the newer filing's full risk factor discussion is incorporated by reference to prior filings.

AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.

Ask what changed in GBTG's latest 10-Q →

Insider activity (SEC Form 4)

0 open-market purchases and 5 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.

  • Last 90 days · read to 2026-10-040 buys · 5 sells ($7M) — 3 selling insiders
  • Last 180 days · read to 2026-10-040 buys · 18 sells ($32M) — 7 selling insiders

Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)

Most recent open-market transaction: 2026-08-21. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.

View full insider trading history → View SEC Form 3/4/5 filings

Ask about GBTG's insider activity →

Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

Institutional ownership (13F)

5 institutional 13F filers reported holding GBTG as of 2026-06-30 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 5
  • Reported shares held 54,969,420
  • Reported value $516,162,854

reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".

Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.

Ask about GBTG's institutional holders → See what each manager we track holds →

Short interest (FINRA)

GBTG had 5,406,290 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).

GBTG had 1.03% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.25 days to cover at the same settlement.

  • Reported short interest (shares) 5,406,290
  • Short interest (% of shares outstanding) 1.03%
  • Prior settlement (shares) 5,056,455
  • Reported change 6.92%
  • Days to cover (reported) 2.25

Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

Ask about GBTG's short interest →

Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

Not quite? Describe exactly what you want →

Compare GBTG vs…

Frequently asked questions

What does GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) do?

Global Business Travel Group provides travel management services, including booking platforms, expense management tools, and travel-related consultancy, for corporate clients worldwide. The company operates an integrated platform that manages corporate travel programs, traveler safety, and travel policy compliance. It supports businesses in optimizing travel spending and provides travel support services to corporate employees.

What sector is GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) in?

GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) is classified in the Consumer Discretionary sector. Its industry is Travel technology and services. It trades on NYSE.

Who are GLOBAL BUSINESS TRAVEL GROUP INC A's (GBTG) competitors?

Notable peers of GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) include American Express, Expedia Group, Booking Holdings, CWT and BCD Travel. This peer set is informational only — not financial advice.

Where does stocks-llm's data on GBTG come from?

Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-09-29.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.