MakeMyTrip (MMYT) Times Interest Earned (2009 - 2026)
MakeMyTrip (MMYT) recorded quarterly Times Interest Earned of $2.43 in Q1 2026, up 105.11% quarter-over-quarter from $1.18 in Q4 2025, and down 41.87% on a YoY basis from $4.18 in Q1 2025.
MakeMyTrip (MMYT) Times Interest Earned (2009 - 2026) Analysis & Trends
MakeMyTrip's Times Interest Earned history runs 18 years deep, the most recent figure standing at $2.43 for Q1 2026.
- In Q1 2026, Times Interest Earned fell 41.87% year-over-year to $2.43; the TTM figure through Mar 2026 stood at $1.49 (down 60.08% YoY), while the FY2026 annual figure was $1.49, down 81.52% from the prior year.
- Times Interest Earned was $2.43 for Q1 2026 at MakeMyTrip, up from $1.18 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of $5.03 in Q2 2024 to a low of -$0.68 in Q1 2024.
- Historically, Times Interest Earned has averaged $2.01 across 5 years, with a median of $1.37 in 2023.
- The sharpest annual moves came in 2023 and 2024: Times Interest Earned surged 1326.45% in 2023, then slumped 149.83% in 2024.
- A 5-year view of Times Interest Earned shows it stood at $0.7 in 2022, then soared by 421.24% to $3.64 in 2023, then dropped by 16.59% to $3.03 in 2024, then sank by 60.96% to $1.18 in 2025, then surged by 105.11% to $2.43 in 2026.
- The last three Times Interest Earned figures came in at $2.43 (Q1 2026), $1.18 (Q4 2025), and $0.8 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 5.02 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | - |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 4.18 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 2.09 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 2.26 |
| 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 | 0.11 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 4.82 |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -22.75 |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 2.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.43 |
| Dec 31, 2025 | 1.18 |
| Sep 30, 2025 | 0.80 |
| Jun 30, 2025 | 3.75 |
| Mar 31, 2025 | 4.18 |
| Dec 31, 2024 | 3.03 |
| Sep 30, 2024 | 3.36 |
| Jun 30, 2024 | 5.03 |
| Mar 31, 2024 | -0.68 |
| Dec 31, 2023 | 3.64 |
| Sep 30, 2023 | 0.68 |
| Jun 30, 2023 | 3.79 |
| Mar 31, 2023 | 1.37 |
| Dec 31, 2022 | 0.70 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | -1.19 |
| Sep 30, 2021 | -1.65 |
| Jun 30, 2021 | -2.52 |