MakeMyTrip (MMYT) Operating Leases (2011 - 2025)
MakeMyTrip's (MMYT) quarterly Operating Leases came in at -$3.8 million in Q1 2025, down 21.19% year-on-year from -$4.8 million in Q1 2024, and down 21.19% quarter-over-quarter from -$3.1 million in Q1 2024.
MakeMyTrip (MMYT) Operating Leases (2011 - 2025) Analysis & Trends
MakeMyTrip's Operating Leases history runs 11 years deep, the most recent figure standing at -$3.8 million for Q1 2025.
- On a quarterly basis, Operating Leases fell 21.19% year-over-year to -$3.8 million in Q1 2025; TTM through Mar 2025 was -$3.8 million, a 21.19% decrease from a year earlier, with the FY2025 full-year figure at $10.8 million, down 16.9% from the prior year.
- Operating Leases eased to -$3.8 million in Q1 2025 per MMYT's latest filing, from -$3.1 million in the prior quarter.
- Across five years, Operating Leases topped out at -$1.8 million in Q1 2022 and bottomed at -$3.8 million in Q1 2025.
- The 5-year median for Operating Leases is -$2.4 million (2023), against an average of -$2.6 million.
- Across the five-year window, Operating Leases soared 41.25% in 2021 and sank 36.36% in 2023, its largest moves.
- Year by year, Operating Leases stood at -$2.0 million in 2021, then increased by 13.4% to -$1.8 million in 2022, then plunged by 36.36% to -$2.4 million in 2023, then decreased by 28.57% to -$3.1 million in 2024, then decreased by 21.19% to -$3.8 million in 2025.
- Per Business Quant, the three latest MMYT Operating Leases figures stand at -$3.8 million (Q1 2025), -$3.1 million (Q1 2024), and -$2.4 million (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | -3.76 Mn |
| Mar 31, 2024 | -3.11 Mn |
| Mar 31, 2023 | -2.42 Mn |
| Mar 31, 2022 | -1.77 Mn |
| Mar 31, 2021 | -2.05 Mn |
| Mar 31, 2020 | -3.48 Mn |
| Mar 31, 2019 | 24.88 Mn |
| Mar 31, 2016 | 7,000.00 |
| Mar 31, 2013 | 82,914.00 |
| Mar 31, 2012 | 133,924.00 |
| Mar 31, 2011 | 30,346.00 |