# Global Business Travel Group, Inc. · Edgar & Edgarette company card

> Global Business Travel Group grew revenue 12.2% in FY2025 to $2.7 billion, operating margin 4.8% against a 6.4% median for transportation services, equity 32.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1820872 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/1820872) · [JSON](https://www.pops4.com/boards/company/1820872.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.7B |
| Revenue growth, 1 year | 12.2% |
| Revenue growth per year | 37.4% |
| Operating margin | 4.8% (prior year 4.7%) |
| Net margin | 4.1% |
| Operating cash flow | $233M |
| Capital spending | $129M |
| Free cash flow | $104M |
| Cash | $434M |
| Long-term debt | $1.4B |
| Total assets | $4.9B |
| Total equity | $1.6B |
| Equity ÷ assets | 32.7% |
| Return on equity | 6.9% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -0.02 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±40%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $2.7B (FY2025), total debt $1.4B. Experience: revenue up 12.2% on the year, up 37.4% a year over 4 years; operating margin 4.8%, up from 4.7%. Soundness: equity 32.7% of assets, return on equity 6.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.0B and $4.6B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.4B to $6.2B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, transportation services): operating margin 4.8% against a 6.4% median; growth 12.2% against 12.2%.

Range logged 2026-09-30, receipt ad9893ac5aa9223f, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-09-29 ([filing](https://www.sec.gov/Archives/edgar/data/1820872/000114036126037931/0001140361-26-037931-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-09-29 ([filing](https://www.sec.gov/Archives/edgar/data/1820872/000114036126037931/0001140361-26-037931-index.htm))

## Recent filings

- 8-K · filed 2026-09-29 · 1.01 Entry into a Material Definitive Agreement; 1.02 Termination of a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 2.03 Creation of a Direct Financial Obligation; 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 3.03 Material Modifications to Rights of Security Holders; 5.01 Changes in Control of Registrant; 5.02 Departure or Election of Directors; Appointment of Officers; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1820872/000114036126037931/0001140361-26-037931-index.htm)
- 10-Q · filed 2026-08-04 · [filing](https://www.sec.gov/Archives/edgar/data/1820872/000162828026052168/0001628280-26-052168-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1820872/000162828026052162/0001628280-26-052162-index.htm)
- 8-K · filed 2026-08-03 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1820872/000114036126030979/0001140361-26-030979-index.htm)
- 8-K · filed 2026-07-24 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1820872/000114036126029601/0001140361-26-029601-index.htm)
- 8-K · filed 2026-06-08 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1820872/000114036126024371/0001140361-26-024371-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001820872.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1820872

## Cite

POPS4, Edgar & Edgarette: Global Business Travel Group, Inc. company card, from the company's own SEC filings, accessed 2026-11-14, https://www.pops4.com/boards/company/1820872. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.