Global Business Travel Group, Inc.
Global Business Travel Group, Inc. (NYSE: GBTG) operates as American Express Global Business Travel, a leading technology and services company serving the business travel, expense management, and meetings and events sectors. The company maintains its headquarters in London, United Kingdom, and operates through a… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Global Business Travel Group, Inc. does
In the company’s own words
Global Business Travel Group, Inc. (NYSE: GBTG) operates as American Express Global Business Travel, a leading technology and services company serving the business travel, expense management, and meetings and events sectors. The company maintains its headquarters in London, United Kingdom, and operates through a proprietary presence in 49 countries with over 27,000 employees worldwide. Its website is https://www.amexglobalbusinesstravel.com/.
The company generated total transaction value of approximately $36.3 billion during 2025, with total revenues of $2.72 billion. Amex GBT serves a highly diversified client base across financial services, industrial, technology, healthcare, and legal sectors, with no single client representing more than 2% of revenue. Small and medium-sized enterprises comprised approximately 46% of total transaction value in 2025.
Amex GBT's core business comprises two primary revenue streams. Travel Revenues, representing 79% of total revenue, include transaction fees from clients and supplier fees from airlines, hotels, car rental companies, rail providers, and global distribution systems. Product and Professional Services Revenues, comprising 21% of total revenue, include management fees, meetings and events services, consulting revenues, and subscription-based products.
The company operates a comprehensive marketplace connecting over 700 airlines, 160 rail providers, 1.3 million hotel properties, and other travel suppliers with business clients. Its proprietary technology platform includes six customizable travel solutions: Amex GBT Egencia, Complete by SAP Concur and Amex GBT, Amex GBT Neo, Amex GBT Select, Amex GBT Ovation, and CWTSatoTravel for government agencies. The platform incorporates artificial intelligence capabilities for personalized recommendations, rate optimization, and operational efficiency.
The company extends its geographic reach through its Partner Networks, consisting of third-party travel management companies operating under the American Express Global Business Travel, Egencia, and CWT brands. Notable acquisitions shaping the current business include Egencia from Expedia Group in 2021, Ovation Travel in 2021, and CWT Holdings in September 2025. American Express holds a minority interest in the company and maintains regulatory oversight as a bank holding company.
Company details
- Sector
- Industrials
- Industry
- Transportation & Utilities
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1820872
- SIC
- 4700
Financial performance, year by year
Fiscal 2020–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Global Business Travel Group, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Global Business Travel Group, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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