Global Business Travel Group (GBTG) AI Stock Analysis

• Market Cap: $3.76B
• Dividend Yield: N/A
• Average Volume (3M): 1.21M
• Price to Earnings (P/E): 318.8
• Beta (1Y): 1.11
• Revenue Growth: 5.71%
• EPS Growth: N/A
• Country: US
• Employees: 19,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Software - Application
• EPS (TTM): -0.13
• Shares Outstanding: 523,526,100
• 10 Day Avg. Volume: 1,572,956
• 30 Day Avg. Volume: 1,209,177
• PEG Ratio: -0.27
• Price to Book (P/B): 4.09
• Price to Sales (P/S): 1.77
• P/FCF Ratio: 26.02
• Enterprise Value/Market Cap: 1.32
• Enterprise Value/Revenue: 2.04
• Enterprise Value/Gross Profit: 3.34
• Enterprise Value/Ebitda: 15.80
• 1Y Price Target: $9.67
• Price Target Upside: 35.43% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 0.25
• Revenue Forecast (FY): $2.68B

• Rating: 58 Neutral
• Price Target: $7.50 ▲(5.04% Upside)

The overall stock score of 58 reflects a mixed outlook. The company's strong earnings call and strategic initiatives are positive, but these are offset by bearish technical indicators and high valuation concerns. Financial performance shows improvement, but cash flow generation needs attention.

Positive Factors

Revenue Growth

The significant increase in transaction value and revenue growth underscores GBTG's strong market position and ability to capture more business, indicating robust demand for its services.

Strategic Partnerships

The partnership with SAP Concur is expected to enhance GBTG's product offerings, potentially accelerating growth and expanding its footprint in the SME segment.

Operational Efficiency

The integration of AI solutions improves operational efficiency and reduces costs, enhancing GBTG's ability to scale and improve margins over time.

Negative Factors

Cash Flow Constraints

The decline in free cash flow growth suggests challenges in cash generation, which could limit GBTG's ability to invest in growth opportunities and manage debt.

Profitability Challenges

Low net profit margins indicate that GBTG may struggle to convert revenue growth into meaningful profits, potentially impacting long-term financial health.

Impact of Acquisition

The acquisition of CWT, while strategically beneficial, has temporarily reduced margins, highlighting integration risks and the need for effective cost management.

Global Business Travel Group Business Overview & Revenue Model

Company Description

Global Business Travel Group (GBTG) is a leading provider of comprehensive travel management solutions tailored for businesses of all sizes. Operating in the corporate travel sector, GBTG offers a wide range of services including travel booking, expense management, and travel consulting. The company leverages advanced technology and data analytics to optimize travel programs, ensuring cost efficiency and improved traveler experience for its clients.

How the Company Makes Money

GBTG generates revenue primarily through service fees charged for travel bookings, management services, and consulting. Key revenue streams include commissions from airlines, hotels, and car rental companies for bookings made through their platform, as well as transaction fees for each travel service utilized by clients. Additionally, GBTG may earn income from subscription models for access to premium services or technology solutions. Strategic partnerships with major travel suppliers and technology firms enhance its offerings and revenue potential, while a focus on cost savings for clients drives repeat business and long-term contracts.

Global Business Travel Group Financial Statement Overview

Summary

Global Business Travel Group shows strong revenue growth and improved cash flow, but profitability challenges persist with a negative net profit margin and return on equity. The balance sheet indicates better leverage management, yet profitability needs enhancement for better financial health.

Income Statement

Global Business Travel Group has shown a strong revenue growth rate of 24.7% in the TTM period, indicating a positive trajectory in sales. The gross profit margin is healthy at 61.15%, reflecting efficient cost management. However, the company is still facing challenges with profitability, as evidenced by a negative net profit margin of -2.34%. The EBIT and EBITDA margins have improved over the years, but the company needs to address its net losses to enhance overall profitability.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 1.21, which is a significant improvement from previous years, indicating better leverage management. However, the return on equity remains negative at -5.10%, suggesting that the company is not generating sufficient returns on shareholders' investments. The equity ratio is stable, but the company needs to focus on improving its profitability to enhance shareholder value.

Cash Flow

The cash flow statement reflects a positive trend with a 15.02% growth in free cash flow, indicating improved cash generation capabilities. The operating cash flow to net income ratio is 0.34, showing that the company is generating cash from its operations despite net losses. The free cash flow to net income ratio is strong at 0.61, suggesting efficient cash management. Continued focus on cash flow generation will be crucial for future growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.44B	2.42B	2.29B	1.85B	763.00M	793.00M
Gross Profit	1.49B	1.46B	1.33B	1.02B	286.00M	264.00M
EBITDA	315.00M	222.00M	190.00M	-7.00M	-446.00M	-584.00M
Net Income	-57.00M	-138.00M	-63.00M	-25.00M	0.00	-614.00M
Balance Sheet
Total Assets	3.87B	3.62B	3.75B	4.18B	4.01B	2.76B
Cash, Cash Equivalents and Short-Term Investments	601.00M	536.00M	476.00M	303.00M	516.00M	584.00M
Total Debt	1.45B	1.46B	1.45B	1.30B	1.10B	702.00M
Total Liabilities	2.66B	2.57B	2.54B	2.81B	2.52B	1.77B
Stockholders Equity	1.20B	1.05B	1.21B	152.00M	1.49B	981.00M
Cash Flow
Free Cash Flow	192.08M	165.00M	49.00M	-488.00M	-556.00M	-297.00M
Operating Cash Flow	313.08M	272.00M	162.00M	-394.00M	-512.00M	-250.00M
Investing Cash Flow	-85.00M	-102.00M	-119.00M	-95.00M	-27.00M	-47.00M
Financing Cash Flow	-134.00M	-85.00M	120.00M	292.00M	478.00M	384.00M

Global Business Travel Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GBTG, the sentiment is Negative. The current price of 7.14 is below the 20-day moving average (MA) of 7.70, below the 50-day MA of 7.91, and below the 200-day MA of 7.32, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 32.25 is Neutral, neither overbought nor oversold. The STOCH value of 5.30 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GBTG.

Global Business Travel Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTM	73 Outperform	$3.18B	30.37	6.51%	―	1.47%	1077.70%
FRSH	68 Neutral	$3.41B	―	-2.98%	―	18.18%	70.94%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GBTG	58 Neutral	$3.76B	318.75	0.76%	―	5.71%	―
VERX	55 Neutral	$3.22B	―	-20.47%	―	13.83%	-273.23%
KC	44 Neutral	$3.41B	―	-31.02%	―	20.42%	-9.39%
ASAN	41 Neutral	$3.05B	―	-80.55%	―	9.74%	22.36%

Global Business Travel Group Corporate Events

Global Business Travel Group’s Positive Earnings Call Highlights Growth

The recent earnings call for Global Business Travel Group, Inc. highlighted a generally positive sentiment, underscored by strong growth metrics and strategic developments. The acquisition of CWT and a partnership with SAP Concur were key focal points, despite some temporary financial impacts from these moves and external factors like the U.S. government shutdown. The overall outlook remains optimistic, with anticipated growth projected for 2026.

Amex GBT Reports Strong Q3 Growth and Raises Guidance

American Express Global Business Travel (Amex GBT) is a prominent software and services company specializing in travel, expense, and meetings & events management, offering a comprehensive marketplace with a blend of technology and human expertise across more than 140 countries.

Global Business Travel Group Completes CWT Acquisition

On September 2, 2025, Global Business Travel Group, Inc. completed its acquisition of CWT, a global business travel and meetings solutions provider, initially announced in March 2024. The acquisition, valued at approximately $540 million, is expected to enhance Amex GBT’s service offerings and generate significant shareholder value through identified synergies worth $155 million annually within three years. The merger will integrate CWT’s customers and employees into Amex GBT’s extensive suite of travel and expense software solutions, enhancing the company’s industry positioning and operational capacity.

The most recent analyst rating on (GBTG) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Global Business Travel Group stock, see the GBTG Stock Forecast page.