vs
Side-by-side financial comparison of Global Business Travel Group, Inc. (GBTG) and SouthState Bank Corp (SSB). 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 $661.7M, roughly 1.2× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 10.5%, a 23.6% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 13.9%).
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, ...
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
GBTG vs SSB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $661.7M |
| Net Profit | $83.0M | $225.8M |
| Gross Margin | — | — |
| Operating Margin | 3.7% | 15.1% |
| Net Margin | 10.5% | 34.1% |
| Revenue YoY | 34.0% | — |
| Net Profit YoY | 692.9% | 153.5% |
| EPS (diluted) | $0.16 | $2.28 |
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 | — | $661.7M | ||
| Q4 25 | $792.0M | $581.1M | ||
| Q3 25 | $674.0M | $599.7M | ||
| Q2 25 | $631.0M | $577.9M | ||
| Q1 25 | $621.0M | $544.5M | ||
| Q4 24 | $591.0M | $369.8M | ||
| Q3 24 | $597.0M | $351.5M | ||
| Q2 24 | $625.0M | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $83.0M | $247.7M | ||
| Q3 25 | $-62.0M | $246.6M | ||
| Q2 25 | $15.0M | $215.2M | ||
| Q1 25 | $75.0M | $89.1M | ||
| Q4 24 | $-14.0M | $144.2M | ||
| Q3 24 | $-128.0M | $143.2M | ||
| Q2 24 | $27.0M | $132.4M |
| Q1 26 | — | 15.1% | ||
| Q4 25 | 3.7% | 54.3% | ||
| Q3 25 | 1.8% | 53.6% | ||
| Q2 25 | 5.4% | 48.8% | ||
| Q1 25 | 8.9% | 22.3% | ||
| Q4 24 | 5.1% | 50.7% | ||
| Q3 24 | 4.5% | 53.1% | ||
| Q2 24 | 6.7% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | 10.5% | 42.6% | ||
| Q3 25 | -9.2% | 41.1% | ||
| Q2 25 | 2.4% | 37.2% | ||
| Q1 25 | 12.1% | 16.4% | ||
| Q4 24 | -2.4% | 39.0% | ||
| Q3 24 | -21.4% | 40.7% | ||
| Q2 24 | 4.3% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $0.16 | $2.47 | ||
| Q3 25 | $-0.13 | $2.42 | ||
| Q2 25 | $0.03 | $2.11 | ||
| Q1 25 | $0.16 | $0.87 | ||
| Q4 24 | $-0.04 | $1.88 | ||
| Q3 24 | $-0.28 | $1.86 | ||
| Q2 24 | $0.06 | $1.73 |
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 | $2.9B |
| Total DebtLower is stronger | $1.4B | — |
| Stockholders' EquityBook value | $1.6B | $9.0B |
| Total Assets | $4.9B | $68.0B |
| Debt / EquityLower = less leverage | 0.88× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | $434.0M | — | ||
| Q3 25 | $427.0M | — | ||
| Q2 25 | $601.0M | — | ||
| Q1 25 | $552.0M | — | ||
| Q4 24 | $536.0M | — | ||
| Q3 24 | $524.0M | — | ||
| Q2 24 | $515.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $9.0B | ||
| Q4 25 | $1.6B | $9.1B | ||
| Q3 25 | $1.5B | $9.0B | ||
| Q2 25 | $1.2B | $8.8B | ||
| Q1 25 | $1.1B | $8.6B | ||
| Q4 24 | $1.1B | $5.9B | ||
| Q3 24 | $1.1B | $5.9B | ||
| Q2 24 | $1.2B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $4.9B | $67.2B | ||
| Q3 25 | $4.8B | $66.0B | ||
| Q2 25 | $3.9B | $65.9B | ||
| Q1 25 | $3.8B | $65.1B | ||
| Q4 24 | $3.6B | $46.4B | ||
| Q3 24 | $3.8B | $46.1B | ||
| Q2 24 | $3.8B | $45.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.88× | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 1.32× | — | ||
| 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 | $232.1M | ||
| Q3 25 | $71.0M | $122.4M | ||
| Q2 25 | $57.0M | $72.6M | ||
| Q1 25 | $53.0M | $-126.3M | ||
| Q4 24 | $65.0M | $354.3M | ||
| Q3 24 | $85.0M | $-246.8M | ||
| Q2 24 | $73.0M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $13.0M | $215.5M | ||
| Q3 25 | $38.0M | $101.7M | ||
| Q2 25 | $27.0M | $52.5M | ||
| Q1 25 | $26.0M | $-139.1M | ||
| Q4 24 | $33.0M | $340.9M | ||
| Q3 24 | $59.0M | $-254.2M | ||
| Q2 24 | $49.0M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 37.1% | ||
| Q3 25 | 5.6% | 17.0% | ||
| Q2 25 | 4.3% | 9.1% | ||
| Q1 25 | 4.2% | -25.5% | ||
| Q4 24 | 5.6% | 92.2% | ||
| Q3 24 | 9.9% | -72.3% | ||
| Q2 24 | 7.8% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 2.9% | ||
| Q3 25 | 4.9% | 3.5% | ||
| Q2 25 | 4.8% | 3.5% | ||
| Q1 25 | 4.3% | 2.4% | ||
| Q4 24 | 5.4% | 3.6% | ||
| Q3 24 | 4.4% | 2.1% | ||
| Q2 24 | 3.8% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.63× | 0.94× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | 3.80× | 0.34× | ||
| Q1 25 | 0.71× | -1.42× | ||
| Q4 24 | — | 2.46× | ||
| Q3 24 | — | -1.72× | ||
| Q2 24 | 2.70× | 0.96× |
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% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
