MakeMyTrip (MMYT) Return on Capital Employed (2010 - 2026)

MakeMyTrip (MMYT) recorded quarterly Return on Capital Employed of 10.65% in Q1 2026, down 10.07% quarter-over-quarter from 11.85% in Q4 2025, and up 101.0% on a YoY basis from 5.3% in Q1 2025.

MakeMyTrip (MMYT) Return on Capital Employed (2010 - 2026) Analysis & Trends

MakeMyTrip's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 10.65% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 101.0% year-over-year to 10.65%; the TTM figure through Mar 2026 stood at 10.65% (up 101.0% YoY), while the FY2026 annual figure was 10.77%, up 50.0% from the prior year.
  • Return on Capital Employed was 10.65% for Q1 2026 at MakeMyTrip, down from 11.85% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 11.85% in Q4 2025 to a low of 53.57% in Q2 2025.
  • Historically, Return on Capital Employed has averaged 1.44% across 5 years, with a median of 5.04% in 2024.
  • The sharpest annual moves came in 2023 and 2025: Return on Capital Employed soared 531 bps in 2023, then slumped 5901 bps in 2025.
  • A 5-year view of Return on Capital Employed shows it stood at 1.73% in 2022, then soared by 244 bps to 5.95% in 2023, then increased by 24 bps to 7.36% in 2024, then surged by 61 bps to 11.85% in 2025, then slipped by 10 bps to 10.65% in 2026.
  • The last three Return on Capital Employed figures came in at 10.65% (Q1 2026), 11.85% (Q4 2025), and 5.07% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 104.07%
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 31.79%
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 16.68%
4 Carnival 37.80 Bn 36.39 Bn - 11.60%
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 35.97%
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 0.57%
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 2.23%
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 8.24%
10 MakeMyTrip 2.12 Bn 1.35 Bn - 10.65%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.65%
Dec 31, 2025 11.85%
Sep 30, 2025 5.07%
Jun 30, 2025 -53.57%
Mar 31, 2025 9.64%
Dec 31, 2024 7.36%
Sep 30, 2024 6.65%
Jun 30, 2024 5.44%
Mar 31, 2024 5.04%
Dec 31, 2023 5.95%
Sep 30, 2023 4.52%
Jun 30, 2023 4.25%
Mar 31, 2023 2.64%
Dec 31, 2022 1.73%
Sep 30, 2022 0.49%
Jun 30, 2022 -0.59%
Mar 31, 2022 -2.67%
Dec 31, 2021 -2.98%
Sep 30, 2021 -3.13%
Jun 30, 2021 -4.64%