MakeMyTrip (MMYT) EBT Margin (2009 - 2026)
MakeMyTrip (MMYT) posted quarterly EBT Margin of 12.11% for Q1 2026, down 51.0% year-over-year from 24.71% in Q1 2025, and up 172.11% quarter-over-quarter from 4.45% in Q4 2025.
MakeMyTrip (MMYT) EBT Margin (2009 - 2026) Analysis & Trends
MakeMyTrip's EBT Margin history runs 18 years deep, the most recent figure standing at 12.11% for Q1 2026.
- In Q1 2026, EBT Margin fell 51.0% year-over-year to 12.11%; the TTM figure through Mar 2026 stood at 7.51% (down 434.0% YoY), while the FY2026 annual figure was 7.51%, down 434.0% from the prior year.
- EBT Margin for Q1 2026 stood at 12.11%, up from 4.45% in the prior quarter.
- The five-year high for EBT Margin was 23.66% in Q1 2024, with the low at 7.09% in Q2 2022.
- The 5-year median for EBT Margin is 9.45% (2023), against an average of 6.45%.
- The sharpest annual moves came in 2022 and 2025: EBT Margin soared 9861 bps in 2022, then tumbled 1274 bps in 2025.
- MakeMyTrip's EBT Margin stood at 0.12% in 2022, then surged by 9395 bps to 11.28% in 2023, then declined by 1 bps to 11.17% in 2024, then plunged by 60 bps to 4.45% in 2025, then soared by 172 bps to 12.11% in 2026.
- Business Quant data shows MMYT's EBT Margin at 12.11% in Q1 2026, 4.45% in Q4 2025, and 0.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.57 Bn | 140.36 Bn | 4.98 Bn | 34.82% |
| 2 | Airbnb | 106.28 Bn | 94.21 Bn | 2.98 Bn | 24.86% |
| 3 | Royal Caribbean Cruises | 80.63 Bn | 79.71 Bn | 2.29 Bn | 23.80% |
| 4 | Viking Holdings | 44.40 Bn | 40.59 Bn | 713.43 Mn | 17.70% |
| 5 | Expedia | 38.38 Bn | 31.25 Bn | 3.91 Bn | 23.80% |
| 6 | Carnival | 38.16 Bn | 35.92 Bn | - | 8.33% |
| 7 | Trip.com | 29.11 Bn | 17.42 Bn | 1.86 Bn | 28.21% |
| 8 | Norwegian Cruise Line Holdings | 8.33 Bn | 8.12 Bn | 1.05 Bn | 8.56% |
| 9 | MakeMyTrip | 5.81 Bn | 5.03 Bn | 212.91 Mn | 5.41% |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 1.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.41% |
| Mar 31, 2026 | 12.11% |
| Dec 31, 2025 | 4.45% |
| Sep 30, 2025 | -0.63% |
| Jun 30, 2025 | 13.53% |
| Mar 31, 2025 | 12.61% |
| Dec 31, 2024 | 11.17% |
| Sep 30, 2024 | 12.11% |
| Jun 30, 2024 | 11.60% |
| Mar 31, 2024 | 23.66% |
| Dec 31, 2023 | 11.28% |
| Sep 30, 2023 | 1.29% |
| Jun 30, 2023 | 9.45% |
| Mar 31, 2023 | 3.61% |
| Dec 31, 2022 | -0.12% |
| Sep 30, 2022 | -5.46% |
| Jun 30, 2022 | -7.09% |
| Mar 31, 2022 | -3.95% |
| Dec 31, 2021 | -8.34% |
| Sep 30, 2021 | -12.73% |