GBTG (Global Business Travel Group) Interest Coverage: 2.60 (As of Jun. 2026) — 71% Above Median

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GBTG Global Business Travel Group Inc GBTG
70 GF Score
Price $9.48
GF Value $7.93
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Global Business Travel Group Interest Coverage?

Global Business Travel Group GBTG -0.11% 70 Interest Coverage is 2.60 as of Jun. 2026, which is 71% above its 10-year median of 1.52. GuruFocus rates GBTG with a GF Score™ of 70/100 and a GF Value™ of $7.93 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 616 Travel & Leisure companies, Global Business Travel Group ranks worse than 78.41% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Global Business Travel Group's Operating Income for the three months ended in Jun. 2026 was $65 Mil. Global Business Travel Group's Interest Expense for the three months ended in Jun. 2026 was $-25 Mil. Global Business Travel Group's interest coverage for the quarter that ended in Jun. 2026 was 2.60. The higher the ratio, the stronger the company's financial strength is.

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

GBTG' s Interest Coverage Range Over the Past 10 Years
Min: 0.24   Med: 1.52   Max: 14.53
Current: 1.89


GBTG's Interest Coverage is ranked worse than
78.41% of 616 companies
in the Travel & Leisure industry
Industry Median: 5.27 vs GBTG: 1.89

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Global Business Travel Group  (NYSE:GBTG) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Global Business Travel Group Interest Coverage Related Terms


Global Business Travel Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Global Business Travel Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Global Business Travel Group Interest Coverage Chart

Global Business Travel Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.24 1.11 1.92

Global Business Travel Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 1.71 1.50 1.74 2.60

GBTG vs TNL, MMYT, NCLH: Interest Coverage Comparison

For the Travel Services subindustry, Global Business Travel Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Travel & Leisure Industry

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

* The bar in red indicates where Global Business Travel Group's Interest Coverage falls into.


GBTG
70GF Score
Global Business Travel Group Inc GBTG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Business Travel Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Global Business Travel Group's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Global Business Travel Group's Interest Expense was $-95 Mil. Its Operating Income was $182 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,422 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*182/-95
=1.92

Global Business Travel Group's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Global Business Travel Group's Interest Expense was $-25 Mil. Its Operating Income was $65 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,515 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*65/-25
=2.60

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.60 mean?
Global Business Travel Group (GBTG) has a Interest Coverage of 2.60 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Global Business Travel Group and its competitors. This is 71% above median its historical median of 1.52. Over the past decade, Global Business Travel Group's Interest Coverage has ranged from 0.24 to 14.53. According to the industry distribution chart, Global Business Travel Group ranks #483 out of 616 companies in the Travel & Leisure industry, placing it in the top 78.4%.
Is Global Business Travel Group's Interest Coverage too high?
Global Business Travel Group's current Interest Coverage of 2.60 is 71% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 14.53. The Travel & Leisure industry median Interest Coverage is 5.27. Global Business Travel Group's value of 2.60 is 50.7% below this industry median. Based on the distribution chart, Global Business Travel Group ranks #483 out of 616 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Global Business Travel Group has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Business Travel Group's Interest Coverage compare to TNL and MMYT?
According to the Travel & Leisure industry distribution chart, Global Business Travel Group ranks #483 out of 616 companies for Interest Coverage. This places Global Business Travel Group in the lower half of its industry. The industry median Interest Coverage is 5.27. Global Business Travel Group's value of 2.60 is 50.7% below this benchmark. Historically, Global Business Travel Group's own Interest Coverage has ranged from 0.24 to 14.53 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 5.27, Global Business Travel Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.27, based on 616 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Business Travel Group's current Interest Coverage of 2.60 is 50.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Global Business Travel Group and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Business Travel Group's current Interest Coverage is 2.60, which is 71% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Business Travel Group stock overvalued right now?
Based on GuruFocus' analysis, Global Business Travel Group (GBTG) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.93, compared to a current price of $9.48 — trading 19.5% above its estimated fair value. The current Interest Coverage is 2.60, which is 71% above median its 10-year median of 1.52 and 50.7% below the Travel & Leisure industry median of 5.27. Global Business Travel Group's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Global Business Travel Group (GBTG), the current Interest Coverage is 2.60 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global Business Travel Group (GBTG) Overvalued in 2026?

Based on GuruFocus' analysis, Global Business Travel Group stock appears to be overvalued. The current stock price of $9.48 is trading 19.5% above its estimated GF Value™ of $7.93. GuruFocus considers Global Business Travel Group to be Modestly Overvalued.

Key valuation signals for GBTG:

  • Interest Coverage: 2.60 (71% above median its 10-year median of 1.52)
  • GF Value™: $7.93 vs. price of $9.48 (19.5% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 50.7% below the Travel & Leisure median (#483 of 616)

No single metric tells the full story. See the GBTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Business Travel Group Business Description

Address 666 3rd Avenue, 4th Floor, New York, NY, USA, 10017
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.
70GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.48
Price
$7.93
GF Value