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
DateValue
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%