MakeMyTrip (MMYT) Asset Utilization Ratio (2010 - 2026)
MakeMyTrip (MMYT) recorded quarterly Asset Utilization Ratio of 0.58 in Q1 2026, up 3.27% quarter-over-quarter from 0.56 in Q4 2025, and up 7.48% on a YoY basis from 0.54 in Q1 2025.
MakeMyTrip (MMYT) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
MakeMyTrip's Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 0.58 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 7.48% year-over-year to 0.58; the TTM figure through Mar 2026 stood at 0.58 (up 7.48% YoY), while the FY2026 annual figure was 0.58, up 3.89% from the prior year.
- Asset Utilization Ratio was 0.58 for Q1 2026 at MakeMyTrip, up from 0.56 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.58 in Q1 2026 to a low of 0.23 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.44 across 5 years, with a median of 0.48 in 2023.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio surged 113.43% in 2022, then tumbled 40.26% in 2025.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.4 in 2022, then advanced by 21.7% to 0.49 in 2023, then grew by 7.03% to 0.52 in 2024, then increased by 7.35% to 0.56 in 2025, then increased by 3.27% to 0.58 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.58 (Q1 2026), 0.56 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 0.97 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 0.52 |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 0.44 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 0.52 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.60 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 0.43 |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.59 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 0.60 |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 0.23 |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 0.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | 0.56 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.54 |
| Dec 31, 2024 | 0.52 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.50 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.47 |
| Mar 31, 2023 | 0.44 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.15 |