MakeMyTrip (MMYT) Interest Coverage Ratio (2009 - 2026)
MakeMyTrip (MMYT) posted quarterly Interest Coverage Ratio of 2.43 for Q1 2026, down 41.87% year-over-year from 4.18 in Q1 2025, and up 105.11% quarter-over-quarter from 1.18 in Q4 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 60.02% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 2.43, up from 1.18 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 5.03 in Q2 2024, with the low at 0.68 in Q1 2024.
- The 5-year median for Interest Coverage Ratio is 1.37 (2023), against an average of 2.01.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio jumped 1326.45% in 2023, then sank 149.83% in 2024.
- MakeMyTrip's Interest Coverage Ratio stood at 0.7 in 2022, then surged by 421.24% to 3.64 in 2023, then slipped by 16.59% to 3.03 in 2024, then plunged by 60.96% to 1.18 in 2025, then jumped by 105.11% to 2.43 in 2026.
- Business Quant data shows MMYT's Interest Coverage Ratio at 2.43 in Q1 2026, 1.18 in Q4 2025, and 0.8 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.69 Bn | 140.47 Bn | 4.98 Bn | 8.28 |
| 2 | Airbnb | 106.27 Bn | 94.20 Bn | 2.98 Bn | 3.97 |
| 3 | Royal Caribbean Cruises | 80.62 Bn | 79.70 Bn | 2.29 Bn | 5.54 |
| 4 | Viking Holdings | 44.61 Bn | 40.81 Bn | 713.43 Mn | 10.00 |
| 5 | Expedia | 38.52 Bn | 31.39 Bn | 3.91 Bn | 13.11 |
| 6 | Carnival | 38.14 Bn | 35.89 Bn | - | 1.25 |
| 7 | Trip.com | 29.07 Bn | 17.37 Bn | 1.86 Bn | -33.50 |
| 8 | Norwegian Cruise Line Holdings | 8.38 Bn | 8.16 Bn | 1.05 Bn | 15.97 |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | 1.25 |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 |
| 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 |