MakeMyTrip (MMYT) Asset Utilization Ratio (2010 - 2026)

MakeMyTrip's (MMYT) quarterly Asset Utilization Ratio came in at 0.58 in Q1 2026, up 7.48% year-on-year from 0.54 in Q1 2025, and up 3.27% quarter-over-quarter from 0.56 in Q4 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.

  • On a quarterly basis, Asset Utilization Ratio rose 7.48% year-over-year to 0.58 in Q1 2026; TTM through Mar 2026 was 0.58, a 7.48% increase from a year earlier, with the FY2026 full-year figure at 0.58, up 3.89% from the prior year.
  • Asset Utilization Ratio improved to 0.58 in Q1 2026 per MMYT's latest filing, from 0.56 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.58 in Q1 2026 and bottomed at 0.23 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.48 (2023), against an average of 0.44.
  • Across the five-year window, Asset Utilization Ratio jumped 113.43% in 2022 and tumbled 40.26% in 2025, its largest moves.
  • Year by year, Asset Utilization Ratio 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.
  • Per Business Quant, the three latest MMYT Asset Utilization Ratio figures stand at 0.58 (Q1 2026), 0.56 (Q4 2025), and 0.3 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 0.97
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 0.44
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 0.52
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 0.72
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 0.55
6 Carnival 34.61 Bn 32.38 Bn - 0.53
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 0.60
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 0.43
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 0.58
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 0.59

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