GBTG (Global Business Travel Group) Asset Turnover: 0.17 (As of Jun. 2026)

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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 Asset Turnover?

Global Business Travel Group GBTG -0.11% 70 Asset Turnover is 0.17 as of Jun. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Global Business Travel Group's Revenue for the three months ended in Jun. 2026 was $870 Mil. Global Business Travel Group's Total Assets for the quarter that ended in Jun. 2026 was $5,078 Mil. Therefore, Global Business Travel Group's Asset Turnover for the quarter that ended in Jun. 2026 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Business Travel Group's annualized ROE % for the quarter that ended in Jun. 2026 was 3.69%. It is also linked to ROA % through Du Pont Formula. Global Business Travel Group's annualized ROA % for the quarter that ended in Jun. 2026 was 1.18%.


Global Business Travel Group  (NYSE:GBTG) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Global Business Travel Group's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=60/1624
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(60 / 3480)*(3480 / 5078)*(5078/ 1624)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.72 %*0.6853*3.1268
=ROA %*Equity Multiplier
=1.18 %*3.1268
=3.69 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.

* 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Global Business Travel Group's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=60/5078
=(Net Income / Revenue)*(Revenue / Total Assets)
=(60 / 3480)*(3480 / 5078)
=Net Margin %*Asset Turnover
=1.72 %*0.6853
=1.18 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Global Business Travel Group Asset Turnover Related Terms


Global Business Travel Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Global Business Travel Group's Asset Turnover 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.

Global Business Travel Group Asset Turnover Chart

Global Business Travel Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.23 0.49 0.61 0.66 0.64

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
Asset Turnover 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 0.17 0.16 0.16 0.17 0.17

GBTG vs TNL, MMYT, NCLH: Asset Turnover Comparison

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

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

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


GBTG
70GF Score
Global Business Travel Group Inc GBTG
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Business Travel Group Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=2718/( (3624+4916)/ 2 )
=2718/4270
=0.64

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=870/( (5079+5077)/ 2 )
=870/5078
=0.17

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.17 mean?
Global Business Travel Group (GBTG) has a Asset Turnover of 0.17 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Global Business Travel Group and its competitors.
Is Global Business Travel Group's Asset Turnover too high?
Global Business Travel Group's current Asset Turnover is 0.17. 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 Asset Turnover compare to TNL and MMYT?
Global Business Travel Group's Asset Turnover of 0.17 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Global Business Travel Group and its competitors. Global Business Travel Group's current Asset Turnover is 0.17. 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 Asset Turnover is 0.17. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Global Business Travel Group (GBTG), the current Asset Turnover is 0.17 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:

  • Asset Turnover: 0.17
  • GF Value™: $7.93 vs. price of $9.48 (19.5% above fair value)
  • GF Score™: 70/100 with 8 warning signs

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

$9.48
Price
$7.93
GF Value