MakeMyTrip
MMYT
#1530
Rank
C$15.39 B
Marketcap
$140.21
Share price
0.56%
Change (1 day)
174.38%
Change (1 year)

Operating Margin for MakeMyTrip (MMYT)

Operating Margin as of September 2024 (TTM): 12.36%

According to MakeMyTrip 's latest financial reports and stock price the company's current Operating Margin is 12.36%. At the end of 2023 the company had an Operating Margin of 0.75%.

Operating Margin history for MakeMyTrip from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20230.75%-107.32%
2022-10.32%-70.23%
2021-34.66%-60.13%
2020-86.93%150.99%
2019-34.63%6.44%
2018-32.54%43.45%
2017-22.68%-9.84%
2016-25.16%319.29%
2015-6.00%-25.89%
2014-8.10%-1.73%
2013-8.24%-1239.39%
20120.72%-68.35%
20112.28%-146.16%
2010-4.95%-41.68%
2009-8.49%-81.69%
2008-46.34%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.00%-27.18%๐Ÿ‡บ๐Ÿ‡ธ USA
6.50%-47.41%๐Ÿ‡บ๐Ÿ‡ธ USA
-68.96%-657.93%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.