MakeMyTrip (MMYT) Interest Coverage Ratio (2009 - 2026)

MakeMyTrip (MMYT) recorded quarterly Interest Coverage Ratio of 2.43 in Q1 2026, up 105.11% quarter-over-quarter from 1.18 in Q4 2025, and down 41.87% on a YoY basis from 4.18 in Q1 2025.

MakeMyTrip (MMYT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

MakeMyTrip's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 2.43 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 41.87% year-over-year to 2.43; the TTM figure through Mar 2026 stood at 1.49 (down 60.08% YoY), while the FY2026 annual figure was 1.49, down 81.52% from the prior year.
  • Interest Coverage Ratio was 2.43 for Q1 2026 at MakeMyTrip, up from 1.18 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 5.03 in Q2 2024 to a low of 0.68 in Q1 2024.
  • Historically, Interest Coverage Ratio has averaged 2.01 across 5 years, with a median of 1.37 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio surged 1326.45% in 2023, then slumped 149.83% in 2024.
  • A 5-year view of Interest Coverage Ratio shows it stood at 0.7 in 2022, then soared by 421.24% to 3.64 in 2023, then dropped by 16.59% to 3.03 in 2024, then sank by 60.96% to 1.18 in 2025, then surged by 105.11% to 2.43 in 2026.
  • The last three Interest Coverage Ratio figures came in at 2.43 (Q1 2026), 1.18 (Q4 2025), and 0.8 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 5.02
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 4.18
4 Carnival 37.80 Bn 36.39 Bn - 2.09
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 2.26
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 0.11
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 4.82
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -22.75
10 MakeMyTrip 2.12 Bn 1.35 Bn - 2.43

Historic Data

Download Data
DateValue
Mar 31, 2026 2.43
Dec 31, 2025 1.18
Sep 30, 2025 0.80
Jun 30, 2025 3.75
Mar 31, 2025 4.18
Dec 31, 2024 3.03
Sep 30, 2024 3.36
Jun 30, 2024 5.03
Mar 31, 2024 -0.68
Dec 31, 2023 3.64
Sep 30, 2023 0.68
Jun 30, 2023 3.79
Mar 31, 2023 1.37
Dec 31, 2022 0.70
Sep 30, 2022 0.28
Jun 30, 2022 0.27
Mar 31, 2022 0.38
Dec 31, 2021 -1.19
Sep 30, 2021 -1.65
Jun 30, 2021 -2.52