vs
Side-by-side financial comparison of Global Business Travel Group, Inc. (GBTG) and Kimco Realty (KIM). Click either name above to swap in a different company.
Global Business Travel Group, Inc. is the larger business by last-quarter revenue ($792.0M vs $558.0M, roughly 1.4× Kimco Realty). Kimco Realty runs the higher net margin — 29.8% vs 10.5%, a 19.3% gap on every dollar of revenue. On growth, Global Business Travel Group, Inc. posted the faster year-over-year revenue change (34.0% vs 4.0%). Over the past eight quarters, Global Business Travel Group, Inc.'s revenue compounded faster (13.9% CAGR vs 5.6%).
A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs. Such companies will often provide an end-user online booking tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, duty of care, and more. Non-Profit travel management companies also provide services to manage complex visa requirements, pre-trip medical needs, remote area travel, ...
Kimco Realty Corporation, headquartered in Jericho, New York, is a real estate investment trust that invests in shopping centers.
GBTG vs KIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $558.0M |
| Net Profit | $83.0M | $166.3M |
| Gross Margin | — | — |
| Operating Margin | 3.7% | 37.2% |
| Net Margin | 10.5% | 29.8% |
| Revenue YoY | 34.0% | 4.0% |
| Net Profit YoY | 692.9% | 23.7% |
| EPS (diluted) | $0.16 | $0.46 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $558.0M | ||
| Q4 25 | $792.0M | $542.5M | ||
| Q3 25 | $674.0M | $535.9M | ||
| Q2 25 | $631.0M | $525.2M | ||
| Q1 25 | $621.0M | $536.6M | ||
| Q4 24 | $591.0M | $525.4M | ||
| Q3 24 | $597.0M | $507.6M | ||
| Q2 24 | $625.0M | $500.2M |
| Q1 26 | — | $166.3M | ||
| Q4 25 | $83.0M | $151.2M | ||
| Q3 25 | $-62.0M | $137.8M | ||
| Q2 25 | $15.0M | $163.0M | ||
| Q1 25 | $75.0M | $132.8M | ||
| Q4 24 | $-14.0M | $166.0M | ||
| Q3 24 | $-128.0M | $136.0M | ||
| Q2 24 | $27.0M | $119.7M |
| Q1 26 | — | 37.2% | ||
| Q4 25 | 3.7% | 36.4% | ||
| Q3 25 | 1.8% | 34.9% | ||
| Q2 25 | 5.4% | 39.2% | ||
| Q1 25 | 8.9% | 33.6% | ||
| Q4 24 | 5.1% | 31.7% | ||
| Q3 24 | 4.5% | 33.7% | ||
| Q2 24 | 6.7% | 32.1% |
| Q1 26 | — | 29.8% | ||
| Q4 25 | 10.5% | 27.9% | ||
| Q3 25 | -9.2% | 25.7% | ||
| Q2 25 | 2.4% | 31.0% | ||
| Q1 25 | 12.1% | 24.8% | ||
| Q4 24 | -2.4% | 31.6% | ||
| Q3 24 | -21.4% | 26.8% | ||
| Q2 24 | 4.3% | 23.9% |
| Q1 26 | — | $0.46 | ||
| Q4 25 | $0.16 | — | ||
| Q3 25 | $-0.13 | — | ||
| Q2 25 | $0.03 | — | ||
| Q1 25 | $0.16 | — | ||
| Q4 24 | $-0.04 | — | ||
| Q3 24 | $-0.28 | — | ||
| Q2 24 | $0.06 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $434.0M | — |
| Total DebtLower is stronger | $1.4B | — |
| Stockholders' EquityBook value | $1.6B | $10.4B |
| Total Assets | $4.9B | $19.6B |
| Debt / EquityLower = less leverage | 0.88× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $434.0M | $211.6M | ||
| Q3 25 | $427.0M | $159.3M | ||
| Q2 25 | $601.0M | $226.6M | ||
| Q1 25 | $552.0M | $131.3M | ||
| Q4 24 | $536.0M | $688.6M | ||
| Q3 24 | $524.0M | $789.0M | ||
| Q2 24 | $515.0M | $126.4M |
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $7.7B | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | $8.0B | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $10.4B | ||
| Q4 25 | $1.6B | $10.4B | ||
| Q3 25 | $1.5B | $10.5B | ||
| Q2 25 | $1.2B | $10.5B | ||
| Q1 25 | $1.1B | $10.6B | ||
| Q4 24 | $1.1B | $10.7B | ||
| Q3 24 | $1.1B | $10.5B | ||
| Q2 24 | $1.2B | $10.6B |
| Q1 26 | — | $19.6B | ||
| Q4 25 | $4.9B | $19.7B | ||
| Q3 25 | $4.8B | $19.9B | ||
| Q2 25 | $3.9B | $19.8B | ||
| Q1 25 | $3.8B | $19.7B | ||
| Q4 24 | $3.6B | $20.3B | ||
| Q3 24 | $3.8B | $20.1B | ||
| Q2 24 | $3.8B | $19.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.88× | 0.74× | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 1.32× | 0.75× | ||
| Q3 24 | 1.26× | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $52.0M | — |
| Free Cash FlowOCF − Capex | $13.0M | — |
| FCF MarginFCF / Revenue | 1.6% | — |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | 0.63× | — |
| TTM Free Cash FlowTrailing 4 quarters | $104.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $52.0M | $258.4M | ||
| Q3 25 | $71.0M | $332.4M | ||
| Q2 25 | $57.0M | $305.4M | ||
| Q1 25 | $53.0M | $223.8M | ||
| Q4 24 | $65.0M | $239.5M | ||
| Q3 24 | $85.0M | $295.9M | ||
| Q2 24 | $73.0M | $294.1M |
| Q1 26 | — | — | ||
| Q4 25 | $13.0M | — | ||
| Q3 25 | $38.0M | — | ||
| Q2 25 | $27.0M | — | ||
| Q1 25 | $26.0M | $205.4M | ||
| Q4 24 | $33.0M | — | ||
| Q3 24 | $59.0M | — | ||
| Q2 24 | $49.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | — | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 4.2% | 38.3% | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 9.9% | — | ||
| Q2 24 | 7.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 0.0% | ||
| Q3 25 | 4.9% | 0.0% | ||
| Q2 25 | 4.8% | 0.0% | ||
| Q1 25 | 4.3% | 3.4% | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.63× | 1.71× | ||
| Q3 25 | — | 2.41× | ||
| Q2 25 | 3.80× | 1.87× | ||
| Q1 25 | 0.71× | 1.69× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 2.18× | ||
| Q2 24 | 2.70× | 2.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GBTG
| Travel | $620.0M | 78% |
| Other | $172.0M | 22% |
KIM
| Revenues from rental properties, net | $552.8M | 99% |
| Management and other fee income | $5.2M | 1% |
