vs
Global Business Travel Group, Inc.（GBTG）与MakeMyTrip Ltd（MMYT）财务数据对比。点击上方公司名可切换其他公司
Global Business Travel Group, Inc.的季度营收约是MakeMyTrip Ltd的8.9倍（$792.0M vs $88.6M）。Global Business Travel Group, Inc.同比增速更快（34.0% vs 11.8%）
环球商旅集团（GBTG）是专业的差旅管理服务商，致力于为各类企业及机构提供全链路商务出行解决方案。核心服务涵盖智能线上预订工具、移动端应用、差旅项目管控与咨询、高管专属出行服务、会议活动支持、差旅数据分析以及出行安全保障等，可满足不同规模客户的多元化商务出行管理需求。
MakeMyTrip是印度知名在线旅游企业，总部位于古尔冈，成立于2000年。旗下运营在线旅游预订平台，提供机票、酒店预订、度假套餐、火车票、巴士票等全方位旅行服务，除印度本土外，还在纽约、新加坡、吉隆坡、普吉岛、曼谷、迪拜、伊斯坦布尔等多地设有办事处。
GBTG vs MMYT — 直观对比
营收规模更大
GBTG
是对方的8.9倍
$88.6M
营收增速更快
GBTG
高出22.2%
11.8%
损益表 — Q4 2025 vs Q4 2022
| 指标 | | |
|---|---|---|
| 营收 | $792.0M | $88.6M |
| 净利润 | $83.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | 3.8% |
| 净利率 | 10.5% | — |
| 营收同比 | 34.0% | 11.8% |
| 净利润同比 | 692.9% | — |
| 每股收益（稀释后） | $0.16 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GBTGMMYT
| Q4 25 | $792.0M | — | ||
| Q3 25 | $674.0M | — | ||
| Q2 25 | $631.0M | — | ||
| Q1 25 | $621.0M | — | ||
| Q4 24 | $591.0M | — | ||
| Q3 24 | $597.0M | — | ||
| Q2 24 | $625.0M | — | ||
| Q1 24 | $610.0M | — |
净利润GBTGMMYT
| Q4 25 | $83.0M | — | ||
| Q3 25 | $-62.0M | — | ||
| Q2 25 | $15.0M | — | ||
| Q1 25 | $75.0M | — | ||
| Q4 24 | $-14.0M | — | ||
| Q3 24 | $-128.0M | — | ||
| Q2 24 | $27.0M | — | ||
| Q1 24 | $-19.0M | — |
营业利润率GBTGMMYT
| Q4 25 | 3.7% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 5.4% | — | ||
| Q1 25 | 8.9% | — | ||
| Q4 24 | 5.1% | — | ||
| Q3 24 | 4.5% | — | ||
| Q2 24 | 6.7% | — | ||
| Q1 24 | 2.6% | — |
净利率GBTGMMYT
| Q4 25 | 10.5% | — | ||
| Q3 25 | -9.2% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 12.1% | — | ||
| Q4 24 | -2.4% | — | ||
| Q3 24 | -21.4% | — | ||
| Q2 24 | 4.3% | — | ||
| Q1 24 | -3.1% | — |
每股收益（稀释后）GBTGMMYT
| 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 | — | ||
| Q1 24 | $-0.04 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $434.0M | $213.3M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.6B | $896.5M |
| 总资产 | $4.9B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.88× | — |
8季度趋势，按日历期对齐
现金及短期投资GBTGMMYT
| 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 24 | $475.0M | — |
总债务GBTGMMYT
| 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 24 | — | — |
股东权益GBTGMMYT
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
总资产GBTGMMYT
| Q4 25 | $4.9B | — | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $3.8B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.8B | — |
负债/权益比GBTGMMYT
| 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 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $52.0M | — |
| 自由现金流经营现金流 - 资本支出 | $13.0M | — |
| 自由现金流率自由现金流/营收 | 1.6% | — |
| 资本支出强度资本支出/营收 | 4.9% | — |
| 现金转化率经营现金流/净利润 | 0.63× | — |
| 过去12个月自由现金流最近4个季度 | $104.0M | — |
8季度趋势，按日历期对齐
经营现金流GBTGMMYT
| Q4 25 | $52.0M | — | ||
| Q3 25 | $71.0M | — | ||
| Q2 25 | $57.0M | — | ||
| Q1 25 | $53.0M | — | ||
| Q4 24 | $65.0M | — | ||
| Q3 24 | $85.0M | — | ||
| Q2 24 | $73.0M | — | ||
| Q1 24 | $49.0M | — |
自由现金流GBTGMMYT
| Q4 25 | $13.0M | — | ||
| Q3 25 | $38.0M | — | ||
| Q2 25 | $27.0M | — | ||
| Q1 25 | $26.0M | — | ||
| Q4 24 | $33.0M | — | ||
| Q3 24 | $59.0M | — | ||
| Q2 24 | $49.0M | — | ||
| Q1 24 | $24.0M | — |
自由现金流率GBTGMMYT
| Q4 25 | 1.6% | — | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 9.9% | — | ||
| Q2 24 | 7.8% | — | ||
| Q1 24 | 3.9% | — |
资本支出强度GBTGMMYT
| Q4 25 | 4.9% | — | ||
| Q3 25 | 4.9% | — | ||
| Q2 25 | 4.8% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.8% | — | ||
| Q1 24 | 4.1% | — |
现金转化率GBTGMMYT
| Q4 25 | 0.63× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.80× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.70× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GBTG
| Travel | $620.0M | 78% |
| Other | $172.0M | 22% |
MMYT
暂无分部数据
