Latest revenue
$840.0M
as of 2026-03-31
Latest net income
—
as of 2026-03-31
Net margin
—
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $4.92B
- Enterprise value
- $4.92B
- P/E (trailing)
- 794.0×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $9.54
- 52-wk low
- $4.96
- Beta
- —
- Shares out
- 521.5M
5-year trend
What this company does
Item 1. Business Overview American Express Global Business Travel, operated by Global Business Travel Group, Inc., a Delaware corporation, ("Amex GBT") is a leading technology and services company for travel, expense, and meetings & events. We are committed to offering companies and their travelers access to the most valuable marketplace in business travel for one simple reason: when people come together, great ideas come to life. We believe business travel is a fundamental driver of progress and innovation that can be both transactional and transformational. Our comprehensive and competitive marketplace, industry-leading software, AI (as defined herein)-powered efficiencies and 24/7 global…
AI summary unavailable — showing raw filing excerpt
Generated from GBTG's filing dated 2026-03-09
Key risks
Item 1A. Risk Factors You should consider carefully all of the risks described below, together with the other information contained in this Annual Report. If any of the following events occur, our business, financial condition and operating results may be materially adversely affected. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties that we are unaware of, or that we currently believe are not material, may also become important factors that adversely affect our business, financial condition and operating results. Risk Factor Summary The principal risks and uncertainties affecting our business include the following: Risks Relating…
AI summary unavailable — showing raw filing excerpt
Generated from GBTG's filing dated 2026-03-09
Profitability
Operating margin
4.8%
0.8%Net margin
0.8%
Return on equity
-6.3%
Return on assets
0.8%
Leverage
Debt / equity
2.06×
16.0%Long-term debt / equity
0.85×
34.9%Debt / assets
67.3%
5.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $840.0M | +35.3% | — | — | — |
Q4 2025 2025-12-31 | $792.0M | +34.0% | — | — | — |
Q3 2025 2025-09-30 | $674.0M | +12.9% | — | — | — |
Q2 2025 2025-06-30 | $631.0M | +1.0% | — | — | — |
Q1 2025 2025-03-31 | $621.0M | +1.8% | — | — | — |
Q4 2024 2024-12-31 | $591.0M | — | — | — | — |
Q3 2024 2024-09-30 | $597.0M | +4.6% | — | — | — |
Q2 2024 2024-06-30 | $625.0M | +5.6% | — | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Transportation Services · SIC 4700
Your notes
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Insider activity
Insider buying
$0
Insider selling
$1.7M
Net activity
−$1.7M
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-05-04 | John David Thompson Chief Technology Officer | Sale | 108,908 | $9.34 | $1.0M | |
| 2026-03-04 | John David Thompson Chief Technology Officer | Sale | 109,020 | $5.74 | $625.8K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns GBTG
Institutional value
$1.34B
Total shares held
240.3M
Distinct holders
91
-78 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | AMERICAN EXPRESS CO | 157.8M | $880.4M | +0 (+0.0%) | No change |
| 2 | BlackRock, Inc. | 48.7M | $271.6M | +38.9M (+399.0%) | Added |
| 3 | Attestor Capital Ltd | 8.9M | $48.6M | +0 (+0.0%) | No change |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 6.6M | $36.7M | — | New |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.4M | $35.9M | — | New |
| 6 | DIMENSIONAL FUND ADVISORS LP | 4.3M | $23.7M | +937.0K (+28.2%) | Added |
| 7 | PB INVESTMENT PARTNERS, L.P. | 931.0K | $5.2M | +0 (+0.0%) | No change |
| 8 | VANGUARD FIDUCIARY TRUST CO | 868.2K | $4.8M | — | New |
| 9 | UBS Group AG | 611.1K | $3.4M | -204.5K (-25.1%) | Trimmed |
| 10 | MIRABELLA FINANCIAL SERVICES LLP | 573.7K | $3.2M | — | New |
| 11 | Ballast Asset Management, LP | 501.3K | $2.8M | +11.8K (+2.4%) | Added |
| 12 | Bank of New York Mellon Corp | 424.0K | $2.4M | +18.0K (+4.4%) | Added |
| 13 | FIRST TRUST ADVISORS LP | 407.0K | $2.3M | -169.0K (-29.3%) | Trimmed |
| 14 | SEI INVESTMENTS CO | 343.8K | $1.9M | +163.2K (+90.3%) | Added |
| 15 | Nuveen, LLC | 333.8K | $1.9M | -4.8K (-1.4%) | Trimmed |
| 16 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 283.4K | $1.6M | -31 (-0.0%) | Trimmed |
| 17 | Wealthspire Advisors, LLC | 258.6K | $1.4M | -139 (-0.1%) | Trimmed |
| 18 | Swiss National Bank | 208.7K | $1.2M | +0 (+0.0%) | No change |
| 19 | Invesco Ltd. | 166.0K | $926.1K | +24.9K (+17.7%) | Added |
| 20 | RHUMBLINE ADVISERS | 124.1K | $692.2K | -9.7K (-7.2%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once GBTG's latest filing finishes processing.