MakeMyTrip (MMYT) EV to EBITDA (2010 - 2026)
MakeMyTrip (MMYT) posted EV to EBITDA of 101.62 for Q2 2026, up 39.27% on a QoQ basis from 72.97 in Q1 2026, and down 61.13% year-over-year from 261.42 in Q2 2025.
Analysis
MakeMyTrip (MMYT) EV to EBITDA (2010 - 2026) Analysis & Trends
MakeMyTrip has reported EV to EBITDA for 17 years, with the latest figure at 101.62 in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 61.13% year-over-year to 101.62 in Q2 2026; TTM through Jun 2026 was 27.88, a 65.02% decrease from a year earlier, with the FY2026 full-year figure at 18.85, down 78.54% from the prior year.
- EV to EBITDA was 101.62 for Q2 2026 at MakeMyTrip, up from 72.97 in the prior quarter.
- The five-year high for EV to EBITDA was 805.05 in Q1 2022, with the low at 72.97 in Q1 2026.
- Average EV to EBITDA over 5 years is 366.93, with a median of 330.03 recorded in 2024.
- The largest YoY upside for EV to EBITDA was 481.69% in 2022 against a maximum downside of 91.65% in 2022.
- Over 5 years, EV to EBITDA stood at 370.28 in 2022, then slumped by 42.22% to 213.94 in 2023, then surged by 62.87% to 348.44 in 2024, then sank by 38.23% to 215.23 in 2025, then slumped by 52.79% to 101.62 in 2026.
- The last three EV to EBITDA figures came in at 101.62 (Q2 2026), 72.97 (Q1 2026), and 215.23 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alibaba Group Holding | 261.51 Bn | 217.81 Bn | 15.11 Bn |
| 2 | Booking Holdings | 138.27 Bn | 121.06 Bn | 4.98 Bn |
| 3 | PDD Holdings | 111.58 Bn | 81.30 Bn | 9.45 Bn |
| 4 | Airbnb | 103.10 Bn | 91.03 Bn | 2.98 Bn |
| 5 | Mercadolibre | 97.65 Bn | 82.46 Bn | 4.16 Bn |
| 6 | Ebay | 46.49 Bn | 43.18 Bn | 2.30 Bn |
| 7 | Expedia | 32.95 Bn | 25.82 Bn | 3.91 Bn |
| 8 | Maplebear | 11.28 Bn | 10.43 Bn | 751.00 Mn |
| 9 | Full Truck Alliance | 8.76 Bn | 7.74 Bn | - |
| 10 | MakeMyTrip | 5.47 Bn | 5.08 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 101.62 |
| Mar 31, 2026 | 72.97 |
| Dec 31, 2025 | 215.23 |
| Sep 30, 2025 | 290.84 |
| Jun 30, 2025 | 261.42 |
| Mar 31, 2025 | 337.07 |
| Dec 31, 2024 | 348.44 |
| Sep 30, 2024 | 380.24 |
| Jun 30, 2024 | 322.99 |
| Mar 31, 2024 | 452.72 |
| Dec 31, 2023 | 213.94 |
| Sep 30, 2023 | 615.19 |
| Jun 30, 2023 | 137.24 |
| Mar 31, 2023 | 301.03 |
| Dec 31, 2022 | 370.28 |
| Sep 30, 2022 | 784.19 |
| Jun 30, 2022 | 594.33 |
| Mar 31, 2022 | 805.05 |
| Dec 31, 2021 | -444.02 |
| Sep 30, 2021 | -341.37 |