MakeMyTrip (MMYT) EBT Margin (2009 - 2026)
MakeMyTrip's (MMYT) quarterly EBT Margin came in at 12.11% in Q1 2026, down 51.0% year-on-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.
- On a quarterly basis, EBT Margin fell 51.0% year-over-year to 12.11% in Q1 2026; TTM through Mar 2026 was 7.51%, a 434.0% decrease from a year earlier, with the FY2026 full-year figure at 7.51%, down 434.0% from the prior year.
- EBT Margin advanced to 12.11% in Q1 2026 per MMYT's latest filing, from 4.45% in the prior quarter.
- Across five years, EBT Margin topped out at 23.66% in Q1 2024 and bottomed at 7.09% in Q2 2022.
- The 5-year median for EBT Margin is 9.45% (2023), against an average of 6.45%.
- Across the five-year window, EBT Margin soared 6904 bps in 2022 and plunged 1274 bps in 2025, its largest moves.
- Year by year, EBT Margin 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 tumbled by 60 bps to 4.45% in 2025, then jumped by 172 bps to 12.11% in 2026.
- Per Business Quant, the three latest MMYT EBT Margin figures stand at 12.11% (Q1 2026), 4.45% (Q4 2025), and 0.63% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 25.29% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 21.92% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 10.49% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -9.64% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 17.70% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 8.33% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 0.73% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 4.62% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 12.11% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 1.31% |
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% |