| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 33 | 59.1x | 17.8x | Bottom tier | |
Growth | 89 | 30.2% | 7.1% | Top tier | |
Quality | 59 | 3.7% | 4.5% | Around median | |
Safety | 40 | 3.7x | 2.6x | Around median | |
Capital Return | 35 | — | 2.12% | Bottom tier | |
Momentum | 90 | 13.3% | 2.9% | Top tier | |
Sentiment | 21 | 2 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Global Business Travel Group operates a global corporate travel management platform that combines travel booking, policy management, approvals, payments, invoicing, expenses, and traveler care services. It generates revenue from travel transactions and products and professional services, including Meetings & Events and client-specific revenue; in fiscal Q4 2025, travel revenue increased 36%, while products and professional services revenue grew 27%. Its platforms include Egencia, Complete, the joint solution with SAP Concur, and Neo, with a combination of digital service and travel counselor support.
In fiscal Q2 2026, revenue was $870 million, net income was $17 million, and earnings per share were $0.03, compared with revenue of $840 million, net income of $54 million, and earnings per share of $0.10 in fiscal Q1 2026. Trailing twelve-month revenue in the 2026 data was approximately $3.2 billion, with net income of $92 million and earnings per share of approximately $0.177, compared with revenue of $2.7 billion and net income of $111 million in fiscal 2025.
The fiscal Q4 2025 earnings call clearly showed the impact of consolidating CWT; total transaction value increased 45% to $10 billion, and revenue rose 34% to $792 million, but growth excluding CWT was only 8%. Adjusted gross profit margin for fiscal 2025 was approximately 60%, and reported adjusted earnings before interest, taxes, depreciation, and amortization margin was 20%, while the margin was 21% excluding CWT after improving by 144 basis points.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $8.43, within a range from $7 to $9.5, with a consensus rating of “Buy.” The average target is below the 52-week high of $9.54, while the highest target is close to it, and no published price-to-earnings ratio is available that can be relied upon to compare valuation with earnings. These targets balance fiscal 2026 revenue growth guidance of 19% to 21% against the risks of pressure on CWT margins, the decline in fiscal Q2 2026 net income, and the execution required to achieve $155 million in savings.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Management reaffirmed on March 9, 2026 revenue guidance between $3.235 billion and $3.295 billion, equivalent to growth between 19% and 21%. A significant portion of this growth comes from the consolidation of CWT, as fiscal Q4 2025 revenue increased 34%, compared with 8% excluding CWT. The core business is supported by new contracts worth $3.3 billion excluding CWT and a client retention rate of 96% in fiscal 2025.
During the March 9, 2026 call, the company planned to launch Egencia AI in April 2026 to enable natural-language travel search, booking, and modification within corporate policies. Average booking time on Egencia was less than three minutes, while 57% of non-transactional inquiry conversations were resolved without human intervention. Complete also integrates Global Business Travel Group's travel capabilities with SAP's artificial intelligence solution Juul, and the company is building assistance tools for travel counselors to reduce processing time and cost.
The company closed the CWT acquisition in September 2025, and the integration contributed to a 45% increase in transaction value in fiscal Q4 2025 to $10 billion. Management is targeting ultimate cost savings of $155 million, including $55 million during fiscal 2026, with actions equivalent to $45 million implemented through March 9, 2026. Conversely, CWT operates at lower margins before savings, which slightly reduced fiscal Q4 2025 margins and kept the reported fiscal-year margin at 20% compared with 21% excluding CWT.
Fiscal Q2 2026 revenue was approximately $870 million, up from $840 million in fiscal Q1 2026. However, net income fell from $54 million to $17 million, and earnings per share declined from $0.10 to $0.03. In the 2026 trailing twelve-month data, revenue was $3.2 billion, net income was $92 million, and earnings per share were approximately $0.177.
Operational risk is concentrated in integrating CWT and achieving the targeted cost savings of $155 million, because CWT pressured margins before savings. Fiscal 2026 guidance also does not include a prolonged impact from the conflict in the Middle East, a region that represents approximately 5% of revenue. In addition, fiscal Q2 2026 net income declined to $17 million despite revenue increasing to $870 million, alongside net insider sales of $31.4 million over the three months through August 21, 2026, with the possibility that those sales were prearranged.
The company generated free cash flow of $104 million in fiscal 2025, and net leverage was 1.9 times. Management expects fiscal 2026 free cash flow between $125 million and $155 million, or between $235 million and $265 million excluding restructuring and CWT integration costs. In February 2026, the company doubled its repurchase authorization to $600 million, and it had returned $103 million to shareholders through March 5, 2026.
