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
DateValue
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