Civeo vs Makemytrip
Makemytrip is the larger business, with $1.04bn of revenue in fiscal 2026 against $639m for Civeo (1.6 times as much). Makemytrip grew faster (6.7% against -6.3%). Makemytrip kept more of each dollar of sales as profit: a net margin of 5.0% against -3.1%.
| Latest fiscal year | CiveoCVEO, 2025 | MakemytripMMYT, 2026 |
|---|---|---|
| Revenue | $639m | $1.04bn |
| Revenue growth | -6.3% | 6.7% |
| Net income | −$20.1m | $51.8m |
| Operating margin | 0.6% | 14.9% |
| Net margin | -3.1% | 5.0% |
| Return on equity | -9.8% | 9.1% |
| Free cash flow | $2.1m | $178m |
| Cash | $14.4m | $425m |
| Total debt | $183m | $1.41bn |
| Debt to equity | 104.9% | — |
| Dividend per share | — | — |
| Dividend yield | 0.0% | — |
| Share buybacks | $53.6m | $91.7m |
| Employees | 2,100 | — |
| Market value | $385m | $5.00bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 65 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 7 sales | 0 buys, 0 sales |