GBTG (Global Business Travel Group) Gross Margin % : 59.73% (As of Dec. 2024)

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What is Global Business Travel Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Global Business Travel Group's Gross Profit for the three months ended in Dec. 2024 was $353 Mil. Global Business Travel Group's Revenue for the three months ended in Dec. 2024 was $591 Mil. Therefore, Global Business Travel Group's Gross Margin % for the quarter that ended in Dec. 2024 was 59.73%.

The historical rank and industry rank for Global Business Travel Group's Gross Margin % or its related term are showing as below:

GBTG' s Gross Margin % Range Over the Past 10 Years
Min: 33.29 Med: 56.54 Max: 60.09
Current: 60.09

During the past 6 years, the highest Gross Margin % of Global Business Travel Group was 60.09%. The lowest was 33.29%. And the median was 56.54%.

GBTG's Gross Margin % is ranked better than
72.02% of 772 companies
in the Travel & Leisure industry
Industry Median: 43.525 vs GBTG: 60.09

Global Business Travel Group had a gross margin of 59.73% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Global Business Travel Group was 6.50% per year.

Global Business Travel Group Gross Margin % Historical Data

The historical data trend for Global Business Travel Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Global Business Travel Group Gross Margin % Chart

Global Business Travel Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Margin %

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33.29

37.48

55.05

58.03

60.09

Global Business Travel Group Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Margin %	Get a 7-Day Free Trial												56.65	59.84	60.48	60.30	59.73

Competitive Comparison of Global Business Travel Group's Gross Margin %

For the Travel Services subindustry, Global Business Travel Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Global Business Travel Group's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Global Business Travel Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Global Business Travel Group's Gross Margin % falls into.

Global Business Travel Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Global Business Travel Group's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )	=	Gross Profit (A: Dec. 2024 )	/	Revenue (A: Dec. 2024 )
	=	1456	/	2423
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2423 - 967)	/	2423
	=	60.09 %

Global Business Travel Group's Gross Margin for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	353	/	591
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(591 - 238)	/	591
	=	59.73 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Global Business Travel Group (NYSE:GBTG) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Global Business Travel Group had a gross margin of 59.73% for the quarter that ended in Dec. 2024 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Global Business Travel Group Gross Margin % Related Terms

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Global Business Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Global Business Travel Group Inc (NYSE:GBTG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 3rd Avenue, 4th Floor, New York, NY, USA, 10017

Website

https://www.amexglobalbusinesstravel.com

Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.

Executives

Michael Gregory Ohara	director	C/O CERTARES MANAGEMENT LLC, 350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Karen A Williams	officer: Chief Financial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Paul G Abbott	director, officer: Chief Executive Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Eric J. Bock	officer: See remarks	300 GALLERIA PARKWAY, NW, ATLANTA GA 30339
Martine Gerow	officer: Chief Financial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
James Peter Bush	director	200 VESEY STREET, NEW YORK NY 10285
Vliet Christopher Van	officer: Vice President, Controller	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Asof Investment Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Ares Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Michael Qualantone	officer: Chief Revenue Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Evan Konwiser	officer: See remarks	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Boriana Tchobanova	officer: Chief Transformation Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Marlins Acquisition Corp.	10 percent owner	3150 SABRE DRIVE, SOUTHLAKE TX 76092
Mark Hollyhead	officer: President, Egencia	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Patricia Anne Huska	officer: Chief People Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017