Booking (BKNG) vs MakeMyTrip (MMYT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Booking (BKNG) has outperformed MakeMyTrip (MMYT) over the past year, losing 22.8% versus a loss of 52.6%. Over five years, BKNG leads with a +57.9% price change compared with +45.2% for MMYT. Booking is the larger company by market cap ($120.48 billion vs $4.21 billion), about 28.6 times the size, while MakeMyTrip is growing revenue faster (+25.0% vs +13.4%).
On valuation, Booking trades at a lower forward P/E (13.0x vs 18.0x for MakeMyTrip). Booking pays a dividend yielding 1.00%, while MakeMyTrip does not currently pay one. Booking converts more of its revenue into profit, with a net margin of 20.1% versus 9.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BKNG | MMYT |
|---|---|---|
| Share price | $160.34 | $44.73 |
| Market cap | $120.48B | $4.21B |
| 1-day change | +0.23% | +2.76% |
| YTD return | -25.15% | -45.53% |
| 1-year return | -22.79% | -52.63% |
| 5-year return | +57.92% | +45.23% |
| P/E ratio (TTM) | 17.78 | 213.00 |
| Forward P/E | 12.95 | 18.02 |
| EPS (TTM) | $9.02 | $0.21 |
| Dividend yield | 1.00% | 0.00% |
| Annual dividend | $1.61 | $0.00 |
| Revenue (latest FY) | $26.92B | $978.34M |
| Revenue growth (YoY) | +13.39% | +25.02% |
| Net income (latest FY) | $5.40B | $95.10M |
| Gross margin | — | 71.96% |
| Operating margin | 32.79% | 12.25% |
| Net margin | 20.08% | 9.72% |
| 52-week high | $220.81 | $96.60 |
| 52-week low | $150.14 | $32.67 |
| Distance from 52-week high | -27.38% | -53.70% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +46.73% | +64.99% |
| Average volume | 6.79M | 815.75K |
| Shares outstanding | 751.38M | 88.76M |
| Employees | 25,550 | 5,507 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Transportation Services | Transportation Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Booking is about 28.6 times larger than MakeMyTrip by market value ($120.48B vs $4.21B).
- BKNG has outperformed MMYT by 29.8 percentage points over the past year.
- MakeMyTrip trades at a higher earnings multiple (213.0x vs 17.8x trailing P/E).
- Booking offers a meaningfully higher dividend yield (1.00% vs 0.00%).
- Booking is more profitable, keeping 20.1 cents of every revenue dollar as net income versus 9.7 cents for MakeMyTrip.
- MakeMyTrip grew revenue faster in its latest fiscal year (+25.02% vs +13.39%).
About Booking
BKNG stock →Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates Booking.com, which offers online accommodation reservations; and Priceline, which provides discount travel reservations services, as well as online accommodation, flight, rental car reservation services, vacation packages, cruises, activity, and affiliate programs.
Consumer Discretionary · Transportation Services · 25,550 employees
About MakeMyTrip
MMYT stock →MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Saudi Arabia, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing.
Consumer Discretionary · Transportation Services · 5,507 employees
BKNG vs MMYT FAQ
Which is bigger, Booking or MakeMyTrip?
Booking (BKNG) is larger, with a market capitalization of $120.48B compared with $4.21B for MakeMyTrip (MMYT).
Which stock has performed better over the past year, BKNG or MMYT?
BKNG returned -22.79% over the past 12 months, compared with -52.63% for MMYT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BKNG or MMYT?
BKNG has the lower trailing P/E at 17.8, versus 213.0 for MMYT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Booking or MakeMyTrip?
Booking pays a dividend yielding 1.00%, while MakeMyTrip does not currently pay a regular dividend.
Are Booking and MakeMyTrip in the same industry?
Yes. Both are classified in the Transportation Services industry within the Consumer Discretionary sector.