MakeMyTrip (MMYT) Interest Coverage Ratio (2009 - 2026)
MakeMyTrip (MMYT) posted Interest Coverage Ratio of 1.25 for Q2 2026, down 48.59% on a QoQ basis from 2.43 in Q1 2026, and down 66.69% year-over-year from 3.75 in Q2 2025.
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MakeMyTrip (MMYT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
MakeMyTrip has reported Interest Coverage Ratio for 18 years, with the latest figure at 1.25 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 66.69% year-over-year to 1.25 in Q2 2026; TTM through Jun 2026 was 1.23, a 65.13% decrease from a year earlier, with the FY2026 full-year figure at 2.79, down 32.07% from the prior year.
- Interest Coverage Ratio was 1.25 for Q2 2026 at MakeMyTrip, down from 2.43 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.
- Average Interest Coverage Ratio over 5 years is 2.26, with a median of 2.45 recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio plunged 327.24% in 2024, then jumped 712.69% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 2.46 in 2022, then soared by 47.61% to 3.64 in 2023, then declined by 16.59% to 3.03 in 2024, then plunged by 60.96% to 1.18 in 2025, then climbed by 5.45% to 1.25 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.25 (Q2 2026), 2.43 (Q1 2026), and 1.18 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 261.51 Bn | 217.81 Bn | 15.11 Bn | 6.45 |
| 2 | Booking Holdings | 138.27 Bn | 121.06 Bn | 4.98 Bn | 8.33 |
| 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 | 11.02 |
| 6 | Ebay | 46.49 Bn | 43.18 Bn | 2.30 Bn | 10.40 |
| 7 | Expedia | 32.95 Bn | 25.82 Bn | 3.91 Bn | 13.11 |
| 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 | - | 1.25 |
Historic Data
Download Data
Historic 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 | 1.23 |
| Jun 30, 2023 | 4.29 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 2.46 |
| Sep 30, 2022 | 1.29 |
| Jun 30, 2022 | 2.57 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | -3.45 |
| Sep 30, 2021 | -1.90 |