MakeMyTrip (MMYT) EBITDA Margin (2009 - 2026)
MakeMyTrip (MMYT) posted quarterly EBITDA Margin of 16.11% for Q1 2026, up 338.0% year-over-year from 3.68% in Q1 2025, and up 16.48% quarter-over-quarter from 13.83% in Q4 2025.
MakeMyTrip (MMYT) EBITDA Margin (2009 - 2026) Analysis & Trends
MakeMyTrip's EBITDA Margin history runs 18 years deep, the most recent figure standing at 16.11% for Q1 2026.
- In Q1 2026, EBITDA 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.
- EBITDA Margin for Q1 2026 stood at 16.11%, up from 13.83% in the prior quarter.
- The five-year high for EBITDA Margin was 16.11% in Q1 2026, with the low at 2.97% in Q3 2022.
- The 5-year median for EBITDA Margin is 10.57% (2023), against an average of 9.47%.
- The sharpest annual moves came in 2022 and 2025: EBITDA Margin jumped 10833 bps in 2022, then surged 85 bps in 2025.
- MakeMyTrip's EBITDA Margin stood at 4.38% in 2022, then surged by 141 bps to 10.57% in 2023, then grew by 23 bps to 12.97% in 2024, then grew by 7 bps to 13.83% in 2025, then increased by 16 bps to 16.11% in 2026.
- Business Quant data shows MMYT's EBITDA Margin at 16.11% in Q1 2026, 13.83% in Q4 2025, and 15.02% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.57 Bn | 140.36 Bn | 4.98 Bn | 34.00% |
| 2 | Airbnb | 106.28 Bn | 94.21 Bn | 2.98 Bn | 21.01% |
| 3 | Royal Caribbean Cruises | 80.63 Bn | 79.71 Bn | 2.29 Bn | 27.05% |
| 4 | Viking Holdings | 44.40 Bn | 40.59 Bn | 713.43 Mn | 0.03% |
| 5 | Expedia | 38.38 Bn | 31.25 Bn | 3.91 Bn | 18.54% |
| 6 | Carnival | 38.16 Bn | 35.92 Bn | - | 12.77% |
| 7 | Trip.com | 29.11 Bn | 17.42 Bn | 1.86 Bn | 29.83% |
| 8 | Norwegian Cruise Line Holdings | 8.33 Bn | 8.12 Bn | 1.05 Bn | 13.76% |
| 9 | MakeMyTrip | 5.81 Bn | 5.03 Bn | 212.91 Mn | 15.30% |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 2.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.30% |
| 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% |