Turk Telekomunikasyon A.S.

Turk Telekomunikasyon A.S.

47.38
TRY
-2.02
(-4.09%)
214.90BMarket Cap
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.75
3.89
4.15
4.6
5.18
5.84
6.76
8.08
9.79
26.11
41.33
60.45
69.22
- -
Basic EPS, GAAP
0.37
0.57
0.26
-0.21
0.32
-0.4
0.69
0.91
1.65
1.97
6.77
3.16
6.57
- -
Free Cash Flow per Basic Share
1.11
1.27
1.29
1.41
1.7
2.17
1.78
1.91
2
2.26
1.43
5.29
6.3
-11.88
Dividend per Share
0.69
0.26
0.53
0.24
- -
- -
- -
0.17
0.54
2.9
- -
- -
- -
- -
Book Value per Share
1.52
1.8
1.43
0.97
1.3
2.13
2.7
3.44
4.07
23.08
40.55
54.64
60.7
75.79
Tangible Book Value per Share
0.21
0.42
-0.93
-1.43
-1.12
-0.67
-0.25
-0.03
-0.02
6.3
17.71
23.15
23.01
-10.64
Basic Weighted Avg Shares
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
Sales/Revenue/Turnover
13,117
13,602
14,523
16,109
18,140
20,431
23,657
28,289
34,273
91,401
144,645
211,589
242,229
- -
Operating Margin (%)
24.59
21.93
19.92
16.93
22.33
24.19
27.6
27.81
30.35
2.2
-2.42
14.47
21.61
- -
Depreciation Expense
1,780
1,952
2,235
2,796
2,906
3,718
4,716
5,319
6,169
32,669
51,221
47,148
47,202
52,825
Net Income, GAAP
1,303
2,007
907
-724
1,136
-1,391
2,407
3,178
5,761
6,910
23,709
11,068
22,981
- -
Effective Tax Rate (%)
25.75
23.56
31.59
- -
23.19
- -
11.99
16.41
- -
8.4
- -
65.7
47.67
- -
Profit Margin (%)
9.93
14.76
6.25
-4.5
6.26
-6.81
10.17
11.23
16.81
7.56
16.39
5.23
9.49
- -
Working Capital
-204
2,187
-111
835
1,905
-2,560
-1,616
-939
2,782
193
-12,037
-6,707
39,210
-24,125
LT Debt
6,073
8,139
9,179
13,053
14,005
13,161
14,374
15,119
22,686
48,776
46,924
57,469
105,658
127,523
Total Equity
5,328
6,303
4,993
3,387
4,555
7,454
9,443
12,037
14,250
80,789
141,910
191,223
212,437
265,255
Return on Invested Capital (%)
18.88
16.79
14.28
- -
16.01
- -
21.39
21.86
- -
-1.34
- -
4.38
8.18
- -
Return on Capital (%)
12.07
16.44
8.36
- -
8.45
- -
15.61
16.3
- -
13.37
- -
6.34
9.45
- -
Return on Common Equity (%)
22.12
34.52
16.07
-17.29
28.6
-23.17
28.49
29.59
43.83
14.54
21.29
6.65
11.39
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
19,311
21,375
17,541
LT Borrowings
102,849
117,815
124,520
LT Finance Leases
2,809
2,788
3,003
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,500
3,500
3,500
Market Capitalization
201,250
203,175
214,900

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
115,153
116,334
109,437
Cash, Cash Equivalents & STI
66,942
30,448
25,651
Accounts Receivable, Net
32,245
34,114
38,524
Inventories
1,833
2,461
2,806
Total Current Liabilities
75,944
115,402
133,563
Payables & Accruals
- -
- -
- -
ST Debt
19,311
21,375
17,541
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
72.69%
121.36%
11.09%
Free Cash Flow
31.68%
53.95%
19.18%
Net Income, GAAP
-50.14%
79.73%
107.62%
Sales/Revenue/Turnover
37.84%
61.37%
14.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38,545
44,535
53,788
52,425
211,589
2025
59,671
66,619
- -
76,533
242,229
2026
64,858
72,806
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.01
1.22
1.14
1.3
3.16
2025
1.92
1.84
- -
0.47
6.57
2026
2.99
1.7
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ebubekir Sahin
Full Time Employees
31,779
Sector
Communications
Industry
Major telecommunications
Address
Turgut Özal Bulvari Ankara AN Turkey 06103
IPO Date
May 15, 2008
Business
Türk Telekomünikasyon Anonim Sirketi (TTKOM.IS) operates as Turkey's leading integrated telecommunications provider, offering fixed-line, mobile, broadband internet, TV broadcasting, and convergence technology services to residential and corporate customers nationwide; its core offerings include PSTN and wholesale broadband access, retail mobile services via TT Mobil with 30.8 million subscribers, fixed broadband through TTNET with 15.5 million lines, IPTV, satellite TV, Web TV, mobile TV, smart TV platforms, and video-on-demand under the unified Türk Telekom brand, alongside IT solutions from Innova, convergence technologies and 5G/6G R&D from Argela, online education software from Sebit, call center services from AssisTT, wholesale data and international capacity from Türk Telekom International spanning Central and Eastern Europe, Caucasus, Middle East, and Asia with 49.5 thousand kilometers of fiber optic network, financial technology and payment services including e-wallets via TT Ödeme and Pokus, telecommunications devices sales, and emerging fintech financing through TT Finansman. Founded in 1840 with roots in the Ottoman Post Office and formally established as Türk Telekomünikasyon A.Ş. in 1995 following the separation of PTT's telecom assets, the company is headquartered in Ankara, Turkey, with operations covering all 81 provinces and international reach through subsidiaries; it maintains 17.4 million fixed access lines and 2.8 million TV subscribers as of September 2025, while 60% of shares are held by the Turkey Wealth Fund, 25% by the Ministry of Treasury and Finance, and 15% publicly traded on Borsa Istanbul since 2008. Recent developments include the extension of its fixed-line concession agreement with the Information and Communication Technologies Authority (ICTA) until February 28, 2050, committing to a $2.5 billion fee payable over 10 years from 2026 and $17 billion in infrastructure investments through 2050 to advance fiberisation, digital transformation, cybersecurity, and new technologies; a strategic 6G research collaboration with Ericsson Research Türkiye announced in March 2025 focusing on safe transportation via the SafeRoute-6G project; issuance of a USD 500 million Sustainable Eurobond as the first non-financial Turkish corporate under its Sustainable Finance Framework to fund green initiatives; recognition with an 'A' score on the CDP Climate Change A List in 2024 and multiple Extel awards in 2025 for investor relations excellence; and ongoing expansions in next-generation networks, 5G capabilities, solar power plants reaching 405.8 MWe capacity, and smart city solutions across 14 municipalities.

Company News

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