Global Business Travel Group, Inc. (GBTG)

GBTG Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	14	-134	-136	-229	-475	-619
Depreciation & Amortization	172	178	194	182	154	148
Stock-Based Compensation	77	77	75	39	3	3
Other Adjustments	-7	114	-17	-22	-131	-108
Change in Receivables	-30	123	49	-427	-85	-20
Changes in Accounts Payable	75	-5	26	122	2	-159
Changes in Other Operating Activities	-48.5	-81	-29	-49	20	504
Operating Cash Flow	246	272	162	-394	-512	-250
Operating Cash Flow Growth	-7.17%	67.90%	-	-	-	-
Capital Expenditures	-122	-107	-113	-94	-44	-47
Payments for Business Acquisitions	-	-	-	-	20	-
Other Investing Activities	27	5	-6	-1	-3	-
Investing Cash Flow	-233	-102	-119	-95	-27	-47
Long-Term Debt Issued	797.5	1,397	131	200	935	-
Long-Term Debt Repaid	-795.5	-1,372	-3	-3	-553	-4
Net Long-Term Debt Issued (Repaid)	51.5	25	128	197	382	-4
Issuance of Common Stock	12	29	7	-	-	-
Repurchase of Common Stock	-110	-83	-14	-	-	-
Net Common Stock Issued (Repurchased)	-98	-54	-7	-	-	-
Issuance of Preferred Stock	-	-	-	-	150	388
Repurchase of Preferred Stock	-	-	-	-168	-	-
Net Preferred Stock Issued (Repurchased)	-	-	-	-168	150	388
Common Dividends Paid	-	-	-	-	-1	-
Other Financing Activities	-2	-56	-1	263	-53	-
Financing Cash Flow	-87	-85	120	292	478	384
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5	-13	10	-12	-7	7
Net Cash Flow	-69	72	173	-209	-68	94
Free Cash Flow	124	165	49	-488	-556	-297
Free Cash Flow Growth	-24.85%	236.74%	-	-	-	-
FCF Margin	4.93%	6.81%	2.14%	-26.36%	-72.87%	-37.45%
Free Cash Flow Per Share	0.26	0.36	0.11	-1.09	-14.86	-8.25
Levered Free Cash Flow	88.5	-128	143	333	142	152
Unlevered Free Cash Flow	347.6	-11.62	69.5	-78.65	-585.58	-442.77

Updated Nov 10, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q