MakeMyTrip (MMYT) Debt Ratio (2010 - 2026)
MakeMyTrip (MMYT) posted quarterly Debt Ratio of 0.8 for Q1 2026, up 520.41% year-over-year from 0.13 in Q1 2025, and up 26.62% quarter-over-quarter from 0.63 in Q4 2025.
MakeMyTrip (MMYT) Debt Ratio (2010 - 2026) Analysis & Trends
MakeMyTrip's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.8 for Q1 2026.
- In Q1 2026, Debt Ratio rose 520.41% year-over-year to 0.8; the TTM figure through Mar 2026 stood at 0.8 (up 520.41% YoY), while the FY2026 annual figure was 0.8, up 520.41% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.8, up from 0.63 in the prior quarter.
- The five-year high for Debt Ratio was 0.8 in Q1 2026, with the low at 0.13 in Q4 2024.
- The 5-year median for Debt Ratio is 0.16 (2022), against an average of 0.26.
- The sharpest annual moves came in 2024 and 2026: Debt Ratio plunged 58.65% in 2024, then jumped 520.41% in 2026.
- MakeMyTrip's Debt Ratio stood at 0.17 in 2022, then dropped by 10.63% to 0.15 in 2023, then retreated by 17.96% to 0.13 in 2024, then soared by 406.02% to 0.63 in 2025, then increased by 26.62% to 0.8 in 2026.
- Business Quant data shows MMYT's Debt Ratio at 0.8 in Q1 2026, 0.63 in Q4 2025, and 0.62 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.69 Bn | 140.47 Bn | 4.98 Bn | 0.68 |
| 2 | Airbnb | 106.27 Bn | 94.20 Bn | 2.98 Bn | 0.09 |
| 3 | Royal Caribbean Cruises | 80.62 Bn | 79.70 Bn | 2.29 Bn | 0.51 |
| 4 | Viking Holdings | 44.61 Bn | 40.81 Bn | 713.43 Mn | 0.45 |
| 5 | Expedia | 38.52 Bn | 31.39 Bn | 3.91 Bn | 0.19 |
| 6 | Carnival | 38.14 Bn | 35.89 Bn | - | 0.48 |
| 7 | Trip.com | 29.07 Bn | 17.37 Bn | 1.86 Bn | 0.12 |
| 8 | Norwegian Cruise Line Holdings | 8.38 Bn | 8.16 Bn | 1.05 Bn | 0.63 |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | 0.80 |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 0.31 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.80 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 0.63 |
| Sep 30, 2025 | 0.62 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.13 |
| Dec 31, 2024 | 0.13 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.15 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 0.16 |