Global Business Travel Group Inc
Global Business Travel Group, Inc. provides business-to-business (B2B) travel platform in the United States, the United Kingdom, and internationally. The company's platform provides a suite of technology-enabled solutions to business travelers and clients; travel content suppliers, such as airlines, hotels, ground transportation providers, and aggregators; and third-party travel agencies. It also… Read more
Global Business Travel Group Inc (GBTG) - Net Assets
Latest net assets as of September 2025: $1.53 Billion USD
Based on the latest financial reports, Global Business Travel Group Inc (GBTG) has net assets worth $1.53 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.76 Billion) and total liabilities ($3.23 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.53 Billion |
| % of Total Assets | 32.23% |
| Annual Growth Rate | -8.87% |
| 5-Year Change | 7.42% |
| 10-Year Change | N/A |
| Growth Volatility | 30.58 |
Global Business Travel Group Inc - Net Assets Trend (2019–2024)
This chart illustrates how Global Business Travel Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Business Travel Group Inc (2019–2024)
The table below shows the annual net assets of Global Business Travel Group Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.06 Billion | -12.79% |
| 2023-12-31 | $1.21 Billion | -11.60% |
| 2022-12-31 | $1.37 Billion | -8.23% |
| 2021-12-31 | $1.49 Billion | +51.83% |
| 2020-12-31 | $984.00 Million | -41.50% |
| 2019-12-31 | $1.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Business Travel Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6157.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-146.00 Million | -13.89% |
| Other Components | $2.77 Billion | 263.75% |
| Total Equity | $1.05 Billion | 100.00% |
Global Business Travel Group Inc Competitors by Market Cap
The table below lists competitors of Global Business Travel Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Moons' Elec Co Ltd
SHG:603728
|
$1.14 Billion |
|
Weimob Inc
PINK:WEMXF
|
$1.14 Billion |
|
MRC Global Inc
NYSE:MRC
|
$1.14 Billion |
|
Guizhou Aviation Technical Development Co Ltd
SHG:688239
|
$1.14 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
$1.14 Billion |
|
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A
SHE:300747
|
$1.14 Billion |
|
Shenzhen Energy Group Co Ltd
SHE:000027
|
$1.14 Billion |
|
ACC Limited
NSE:ACC
|
$1.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Business Travel Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,208,000,000 to 1,051,000,000, a change of -157,000,000 (-13.0%).
- Net loss of 138,000,000 reduced equity.
- Share repurchases of 55,000,000 reduced equity.
- Other comprehensive income decreased equity by 43,000,000.
- Other factors increased equity by 79,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-138.00 Million | -13.13% |
| Share Repurchases | $55.00 Million | -5.23% |
| Other Comprehensive Income | $-43.00 Million | -4.09% |
| Other Changes | $79.00 Million | +7.52% |
| Total Change | $- | -13.00% |
Book Value vs Market Value Analysis
This analysis compares Global Business Travel Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.44x to 2.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $13.03 | $5.75 | x |
| 2020-12-31 | $2.34 | $5.75 | x |
| 2021-12-31 | $3.56 | $5.75 | x |
| 2022-12-31 | $0.36 | $5.75 | x |
| 2023-12-31 | $2.64 | $5.75 | x |
| 2024-12-31 | $2.27 | $5.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Business Travel Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.70%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 3.45x
- Recent ROE (-13.13%) is above the historical average (-20.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 7.99% | 6.32% | 0.68x | 1.84x | $-33.80 Million |
| 2020 | -62.59% | -77.43% | 0.29x | 2.81x | $-712.10 Million |
| 2021 | -31.28% | -61.21% | 0.19x | 2.69x | $-616.30 Million |
| 2022 | -16.45% | -1.35% | 0.44x | 27.51x | $-40.20 Million |
| 2023 | -5.22% | -2.75% | 0.61x | 3.11x | $-183.80 Million |
| 2024 | -13.13% | -5.70% | 0.67x | 3.45x | $-243.10 Million |
Industry Comparison
This section compares Global Business Travel Group Inc's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,526,974,464
- Average return on equity (ROE) among peers: -30.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Business Travel Group Inc (GBTG) | $1.53 Billion | 7.99% | 2.10x | $1.14 Billion |
| Airbnb Inc (ABNB) | $-517.31 Million | 0.00% | 0.00x | $53.81 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $9.98 Million |
| Booking Holdings Inc (BKNG) | $402.60 Million | -262.07% | 0.10x | $140.30 Billion |
| Carnival Corporation (CCL) | $13.79 Billion | 8.61% | 0.78x | $32.20 Billion |
| Consolidated Capital of North America Inc (CDNO) | $93.27K | 0.00% | 0.02x | $8.78 |
| Carnival Plc ADS (CUK) | $207.80 Million | 47.02% | 1.54x | $32.14 Billion |
| Carnival Corporation & plc (CUKPF) | $893.20 Million | 21.67% | 1.49x | $18.29 Billion |
| Despegar.com Corp (DESP) | $92.85 Million | -151.47% | 8.10x | $1.36 Billion |
| Jet2 plc (DRTGF) | $157.20 Million | 20.87% | 5.37x | $2.31 Billion |
| eDreams ODIGEO S.A (EDDRF) | $236.30 Million | -18.34% | 3.54x | $429.02 Million |