MakeMyTrip (MMYT) Operating Leases (2019 - 2025)
MakeMyTrip (MMYT) recorded quarterly Operating Leases of $10.8 million in Q1 2025, down 16.9% quarter-over-quarter from $13.0 million in Q1 2024, and down 16.9% on a YoY basis from $13.0 million in Q1 2024.
MakeMyTrip (MMYT) Operating Leases (2019 - 2025) Analysis & Trends
MakeMyTrip's Operating Leases history runs 7 years deep, the most recent figure standing at $10.8 million for Q1 2025.
- In Q1 2025, Operating Leases fell 16.9% year-over-year to $10.8 million; the TTM figure through Mar 2025 stood at $10.8 million (down 16.9% YoY), while the FY2025 annual figure was $10.8 million, down 16.9% from the prior year.
- Operating Leases was $10.8 million for Q1 2025 at MakeMyTrip, down from $13.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $13.7 million in Q1 2023 to a low of $10.8 million in Q1 2025.
- Historically, Operating Leases has averaged $12.5 million across 5 years, with a median of $13.0 million in 2024.
- The sharpest annual moves came in 2021 and 2023: Operating Leases plunged 34.9% in 2021, then advanced 18.38% in 2023.
- A 5-year view of Operating Leases shows it stood at $13.6 million in 2021, then decreased by 14.71% to $11.6 million in 2022, then rose by 18.38% to $13.7 million in 2023, then retreated by 5.66% to $13.0 million in 2024, then fell by 16.9% to $10.8 million in 2025.
- The last three Operating Leases figures came in at $10.8 million (Q1 2025), $13.0 million (Q1 2024), and $13.7 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn |
| 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 | Carnival | 37.80 Bn | 36.39 Bn | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn |
| 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 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 10.78 Mn |
| Mar 31, 2024 | 12.97 Mn |
| Mar 31, 2023 | 13.75 Mn |
| Mar 31, 2022 | 11.61 Mn |
| Mar 31, 2021 | 13.62 Mn |
| Mar 31, 2020 | 20.92 Mn |
| Mar 31, 2019 | 24.88 Mn |