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
DateValue
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