MakeMyTrip (MMYT) EBIT Margin (2009 - 2026)
MakeMyTrip (MMYT) recorded quarterly EBIT Margin of 16.11% in Q1 2026, up 16.48% quarter-over-quarter from 13.83% in Q4 2025, and up 338.0% on a YoY basis from 3.68% in Q1 2025.
MakeMyTrip (MMYT) EBIT Margin (2009 - 2026) Analysis & Trends
MakeMyTrip's EBIT Margin history runs 18 years deep, the most recent figure standing at 16.11% for Q1 2026.
- In Q1 2026, EBIT Margin rose 338.0% year-over-year to 16.11%; the TTM figure through Mar 2026 stood at 14.94% (up 269.0% YoY), while the FY2026 annual figure was 14.94%, up 269.0% from the prior year.
- EBIT Margin was 16.11% for Q1 2026 at MakeMyTrip, up from 13.83% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 16.11% in Q1 2026 to a low of 2.97% in Q3 2022.
- Historically, EBIT Margin has averaged 9.47% across 5 years, with a median of 10.57% in 2023.
- The sharpest annual moves came in 2022 and 2025: EBIT Margin jumped 6243 bps in 2022, then soared 85 bps in 2025.
- A 5-year view of EBIT Margin shows it stood at 4.38% in 2022, then soared by 141 bps to 10.57% in 2023, then increased by 23 bps to 12.97% in 2024, then increased by 7 bps to 13.83% in 2025, then rose by 16 bps to 16.11% in 2026.
- The last three EBIT Margin figures came in at 16.11% (Q1 2026), 13.83% (Q4 2025), and 15.02% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 22.98% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 3.21% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 26.10% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 9.85% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 7.33% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 9.99% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.36% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 16.55% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 16.49% |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 16.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.11% |
| Dec 31, 2025 | 13.83% |
| Sep 30, 2025 | 15.02% |
| Jun 30, 2025 | 15.01% |
| Mar 31, 2025 | 12.72% |
| Dec 31, 2024 | 12.97% |
| Sep 30, 2024 | 12.38% |
| Jun 30, 2024 | 10.95% |
| Mar 31, 2024 | 8.24% |
| Dec 31, 2023 | 10.57% |
| Sep 30, 2023 | 3.98% |
| Jun 30, 2023 | 9.72% |
| Mar 31, 2023 | 5.37% |
| Dec 31, 2022 | 4.38% |
| Sep 30, 2022 | 2.97% |
| Jun 30, 2022 | 2.99% |
| Mar 31, 2022 | 3.78% |
| Dec 31, 2021 | -5.40% |
| Sep 30, 2021 | -11.84% |
| Jun 30, 2021 | -59.44% |