Atour Lifestyle Holdings vs Makemytrip
Atour Lifestyle Holdings is the larger business, with $1.36bn of revenue in fiscal 2025 against $1.04bn for Makemytrip (1.3 times as much). Atour Lifestyle Holdings grew faster (35.2% against 6.7%). Atour Lifestyle Holdings kept more of each dollar of sales as profit: a net margin of 16.6% against 5.0%.
| Latest fiscal year | Atour Lifestyle HoldingsATAT, 2025 | MakemytripMMYT, 2026 |
|---|---|---|
| Revenue | $1.36bn | $1.04bn |
| Revenue growth | 35.2% | 6.7% |
| Net income | $226m | $51.8m |
| Operating margin | 23.6% | 14.9% |
| Net margin | 16.6% | 5.0% |
| Return on equity | 49.1% | 9.1% |
| Free cash flow | $265m | $178m |
| Cash | $472m | $425m |
| Total debt | $36.0m | $1.41bn |
| Debt to equity | 7.0% | — |
| Dividend per share | — | — |
| Dividend yield | 2.3% | — |
| Share buybacks | $45.9m | $91.7m |
| Employees | — | — |
| Market value | $4.68bn | $5.00bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |