MakeMyTrip (MMYT) EBITDA Margin (2009 - 2026)
MakeMyTrip (MMYT) posted EBITDA Margin of 15.3% for Q2 2026, down 4.99% on a QoQ basis from 16.11% in Q1 2026, and up 29.0% year-over-year from 11.86% in Q2 2025.
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MakeMyTrip (MMYT) EBITDA Margin (2009 - 2026) Analysis & Trends
MakeMyTrip has reported EBITDA Margin for 18 years, with the latest figure at 15.3% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 29.0% year-over-year to 15.3% in Q2 2026; TTM through Jun 2026 was 15.02%, a 168.0% increase from a year earlier, with the FY2026 full-year figure at 14.94%, up 269.0% from the prior year.
- EBITDA Margin was 15.3% for Q2 2026 at MakeMyTrip, down from 16.11% 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.
- Average EBITDA Margin over 5 years is 9.79%, with a median of 10.76% recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: EBITDA Margin surged 6243 bps in 2022, then advanced 29 bps in 2026.
- Over 5 years, EBITDA Margin stood at 4.38% in 2022, then jumped by 141 bps to 10.57% in 2023, then rose by 23 bps to 12.97% in 2024, then rose by 7 bps to 13.83% in 2025, then gained by 11 bps to 15.3% in 2026.
- The last three EBITDA Margin figures came in at 15.3% (Q2 2026), 16.11% (Q1 2026), and 13.83% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 261.51 Bn | 217.81 Bn | 15.11 Bn | 14.55% |
| 2 | Booking Holdings | 138.27 Bn | 121.06 Bn | 4.98 Bn | 34.00% |
| 3 | PDD Holdings | 111.58 Bn | 81.30 Bn | 9.45 Bn | 24.62% |
| 4 | Airbnb | 103.10 Bn | 91.03 Bn | 2.98 Bn | 21.01% |
| 5 | Mercadolibre | 97.65 Bn | 82.46 Bn | 4.16 Bn | 6.72% |
| 6 | Ebay | 46.49 Bn | 43.18 Bn | 2.30 Bn | 21.57% |
| 7 | Expedia | 32.95 Bn | 25.82 Bn | 3.91 Bn | 23.57% |
| 8 | Maplebear | 11.28 Bn | 10.43 Bn | 751.00 Mn | 13.71% |
| 9 | Full Truck Alliance | 8.76 Bn | 7.74 Bn | - | - |
| 10 | MakeMyTrip | 5.47 Bn | 5.08 Bn | - | 15.30% |
Historic Data
Download Data
Historic 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% |