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
DateValue
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