MakeMyTrip (MMYT) FCF Margin (2009 - 2026)
MakeMyTrip (MMYT) posted FCF Margin of 9.35% for Q2 2026, down 49.63% on a QoQ basis from 18.57% in Q1 2026, and down 621.0% year-over-year from 1.8% in Q2 2025.
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MakeMyTrip (MMYT) FCF Margin (2009 - 2026) Analysis & Trends
MakeMyTrip has reported FCF Margin for 18 years, with the latest figure at 9.35% in Q2 2026.
- On a quarterly basis, FCF Margin fell 621.0% year-over-year to 9.35% in Q2 2026; TTM through Jun 2026 was 15.78%, a 19.0% increase from a year earlier, with the FY2026 full-year figure at 17.5%, down 145.0% from the prior year.
- FCF Margin was 9.35% for Q2 2026 at MakeMyTrip, down from 18.57% in the prior quarter.
- The five-year high for FCF Margin was 35.79% in Q1 2025, with the low at 5.83% in Q2 2022.
- Average FCF Margin over 5 years is 13.37%, with a median of 15.49% recorded in 2025.
- The largest YoY upside for FCF Margin was 9116 bps in 2022 against a maximum downside of 4721 bps in 2022.
- Over 5 years, FCF Margin stood at 4.88% in 2022, then surged by 791 bps to 33.72% in 2023, then slumped by 112 bps to 3.94% in 2024, then surged by 492 bps to 15.42% in 2025, then sank by 39 bps to 9.35% in 2026.
- The last three FCF Margin figures came in at 9.35% (Q2 2026), 18.57% (Q1 2026), and 15.42% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 261.51 Bn | 217.81 Bn | 15.11 Bn | 33.57% |
| 2 | Booking Holdings | 138.27 Bn | 121.06 Bn | 4.98 Bn | 49.55% |
| 3 | PDD Holdings | 111.58 Bn | 81.30 Bn | 9.45 Bn | 22.77% |
| 4 | Airbnb | 103.10 Bn | 91.03 Bn | 2.98 Bn | 35.20% |
| 5 | Mercadolibre | 97.65 Bn | 82.46 Bn | 4.16 Bn | 31.67% |
| 6 | Ebay | 46.49 Bn | 43.18 Bn | 2.30 Bn | 10.40% |
| 7 | Expedia | 32.95 Bn | 25.82 Bn | 3.91 Bn | 29.64% |
| 8 | Maplebear | 11.28 Bn | 10.43 Bn | 751.00 Mn | 46.12% |
| 9 | Full Truck Alliance | 8.76 Bn | 7.74 Bn | - | - |
| 10 | MakeMyTrip | 5.47 Bn | 5.08 Bn | - | 9.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.35% |
| Mar 31, 2026 | 18.57% |
| Dec 31, 2025 | 15.42% |
| Sep 30, 2025 | 21.22% |
| Jun 30, 2025 | 15.56% |
| Mar 31, 2025 | 35.79% |
| Dec 31, 2024 | -3.94% |
| Sep 30, 2024 | 16.89% |
| Jun 30, 2024 | 28.42% |
| Mar 31, 2024 | -0.60% |
| Dec 31, 2023 | 33.72% |
| Sep 30, 2023 | 10.65% |
| Jun 30, 2023 | 18.68% |
| Mar 31, 2023 | 29.86% |
| Dec 31, 2022 | -4.88% |
| Sep 30, 2022 | 3.43% |
| Jun 30, 2022 | -5.83% |
| Mar 31, 2022 | -1.70% |
| Dec 31, 2021 | 4.68% |
| Sep 30, 2021 | 50.64% |