MakeMyTrip (MMYT) Debt Ratio (2010 - 2026)
MakeMyTrip (MMYT) recorded quarterly Debt Ratio of 0.8 in Q1 2026, up 26.09% quarter-over-quarter from 0.63 in Q4 2025, and up 517.82% on a YoY basis from 0.13 in Q1 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 517.82% year-over-year to 0.8; the TTM figure through Mar 2026 stood at 0.8 (up 517.82% YoY), while the FY2026 annual figure was 0.8, up 517.82% from the prior year.
- Debt Ratio was 0.8 for Q1 2026 at MakeMyTrip, up from 0.63 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.8 in Q1 2026 to a low of 0.13 in Q4 2024.
- Historically, Debt Ratio has averaged 0.27 across 5 years, with a median of 0.17 in 2022.
- The sharpest annual moves came in 2025 and 2026: Debt Ratio plunged 50.58% in 2025, then jumped 517.82% in 2026.
- A 5-year view of Debt Ratio shows it stood at 0.17 in 2022, then declined by 10.63% to 0.15 in 2023, then decreased by 17.96% to 0.13 in 2024, then jumped by 406.02% to 0.63 in 2025, then climbed by 26.09% to 0.8 in 2026.
- The last three Debt Ratio figures came in at 0.8 (Q1 2026), 0.63 (Q4 2025), and 0.62 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 0.66 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 0.09 |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 0.47 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 0.49 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.17 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 0.64 |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.30 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 0.12 |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 0.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.26 |
| Dec 31, 2023 | 0.15 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 0.16 |
| Jun 30, 2021 | 0.16 |