MakeMyTrip
MMYT
$67.52
Share price
3.02%
Change (1 day)
199.96%
Change (1 year)
Categories
Operating Margin for MakeMyTrip (MMYT)
Operating Margin as of April 2024 (TTM): 2.56%
According to MakeMyTrip 's latest financial reports and stock price the company's current Operating Margin is 2.56%. At the end of 2023 the company had an Operating Margin of 5.83%.
Operating Margin history for MakeMyTrip from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 5.83% | -187.11% |
| 2022 | -6.70% | -80.37% |
| 2021 | -34.11% | -59.05% |
| 2020 | -83.30% | 140.52% |
| 2019 | -34.63% | 6.44% |
| 2018 | -32.54% | 43.45% |
| 2017 | -22.68% | -9.84% |
| 2016 | -25.16% | 319.29% |
| 2015 | -6.00% | 17.41% |
| 2014 | -5.11% | -16.77% |
| 2013 | -6.14% | -303.67% |
| 2012 | 3.01% | -33.61% |
| 2011 | 4.54% | -178.21% |
| 2010 | -5.81% | -31.58% |
| 2009 | -8.49% | -81.69% |
| 2008 | -46.34% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Expedia Group EXPE | 11.48% | 348.44% | 🇺🇸 USA |
 TripAdvisor TRIP | 4.46% | 74.22% | 🇺🇸 USA |
 Chegg
CHGG | 13.33% | 420.70% | 🇺🇸 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.