MakeMyTrip (MMYT) EBT Margin (2009 - 2026)
MakeMyTrip (MMYT) recorded quarterly EBT Margin of 12.11% in Q1 2026, up 172.11% quarter-over-quarter from 4.45% in Q4 2025, and down 51.0% on a YoY basis from 24.71% in Q1 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 was 12.11% for Q1 2026 at MakeMyTrip, up from 4.45% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 23.66% in Q1 2024 to a low of 7.09% in Q2 2022.
- Historically, EBT Margin has averaged 6.45% across 5 years, with a median of 9.45% in 2023.
- The sharpest annual moves came in 2022 and 2025: EBT Margin jumped 6904 bps in 2022, then plunged 1274 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 0.12% in 2022, then soared by 9395 bps to 11.28% in 2023, then fell by 1 bps to 11.17% in 2024, then sank by 60 bps to 4.45% in 2025, then jumped by 172 bps to 12.11% in 2026.
- The last three EBT Margin figures came in at 12.11% (Q1 2026), 4.45% (Q4 2025), and 0.63% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 25.29% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 10.49% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 21.92% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 4.54% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.73% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 4.62% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 1.31% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 11.24% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 17.22% |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 12.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -76.13% |