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| 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 |