Türk Hava Yollari Anonim Ortakligi

Türk Hava Yollari Anonim Ortakligi

TKHVY
Türk Hava Yollari Anonim OrtakligiUS flagOther OTC
71.86
USD
- -
- -
9.86BMarket Cap
Türk Hava Yollari Anonim Ortakligi
TKHVY
(Other OTC)

Recent

price

71.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
39.22
45.4
59.7
64.08
75.25
71.27
60.54
75.92
86.09
91.48
48.8
53.05
120.64
151.76
164.27
174.62
181.81
Revenue per Share
1.33
0.07
4.67
2.33
5.67
7.42
-0.1
1.22
5.54
5.52
-6.06
4.47
18.39
43.63
24.82
21.09
23.02
Basic EPS, GAAP
-0.85
5.35
5.18
6.9
4.87
5.04
-1.46
11.44
5.77
8.86
-5.54
22.79
38.91
28.57
23.2
16.53
15.6
Free Cash Flow per Basic Share
- -
- -
- -
0.59
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.62
0.79
Dividend per Share
11.94
9.93
15.14
14.45
18.85
22.42
18.49
18.39
18.67
21.85
43.53
11.27
26.41
113.88
138.66
157.92
159.28
Book Value per Share
17.29
17.11
21.65
23.29
27.91
34.2
36.15
37.93
42.17
49
38.28
48.7
69.59
111.95
138.95
152.96
156.39
Tangible Book Value per Share
138
138
138
138
138
138
138
138
138
138
138
138
138
138
138
138
138
Basic Weighted Avg Shares
5,412
6,265
8,239
8,844
10,384
9,835
8,355
10,477
11,880
12,625
6,734
7,321
16,648
20,942
22,669
24,096
25,126
Sales/Revenue/Turnover
5.72
0.39
7.99
6.28
6.34
8.14
-2.05
7.86
10.96
5.83
-5.88
14.95
16.57
14.05
10.85
9.51
9.19
Operating Margin (%)
295
431
575
584
699
867
984
1,025
993
1,449
1,659
1,163
1,656
2,035
2,203
2,395
2,481
Depreciation Expense
184
10
645
322
782
1,024
-13
168
765
762
-836
617
2,538
6,021
3,425
2,910
3,181
Net Income, GAAP
21.67
87.31
16.56
29.27
19.55
23.47
2,450
21.4
22.72
10.28
- -
10.63
7.73
- -
6.09
14.52
10.48
Effective Tax Rate (%)
3.4
0.16
7.83
3.64
7.53
10.41
-0.16
1.61
6.44
6.04
-12.41
8.43
15.24
28.75
15.11
12.08
12.66
Profit Margin (%)
611
48
-362
-997
-834
-718
-896
-661
-669
-1,190
-2,276
-1,853
-1,014
-492
87
-113
-267
Working Capital
2,368
3,778
4,354
4,881
5,302
6,600
7,804
7,291
8,192
10,248
12,260
10,950
10,315
10,524
10,172
14,020
14,555
LT Debt
2,408
2,386
3,017
3,279
3,935
4,820
5,075
5,313
5,913
6,856
5,383
6,816
9,707
15,563
19,314
21,314
21,814
Total Equity
5.17
0.05
7.63
4.75
5.72
5.5
28.98
4.37
6.55
3.6
- -
4.47
11.17
- -
7.31
5.4
5.64
Return on Invested Capital (%)
6.63
0.5
11.98
5.71
11.38
11.87
-35.25
2.76
7.72
6.65
- -
4.19
16.79
- -
12.83
9.33
10.11
Return on Capital (%)
11.57
0.65
37.28
15.75
34.03
35.95
-0.47
6.61
29.9
27.26
-18.53
16.33
97.59
62.2
19.66
14.22
15.48
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3,629
3,784
3,746
LT Borrowings
31
1,141
1,496
LT Finance Leases
11,842
12,879
13,059
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,374
1,373
1,372
Market Capitalization
441,182
382,461
416,220

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
10,254
10,186
10,939
Cash, Cash Equivalents & STI
6,437
6,482
6,563
Accounts Receivable, Net
1,150
1,069
1,389
Inventories
898
968
1,074
Total Current Liabilities
10,423
10,299
11,206
Payables & Accruals
- -
- -
- -
ST Debt
3,629
3,784
3,746
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.96%
32.76%
10.36%
Free Cash Flow
-168.62%
-102.99%
-28.76%
Net Income, GAAP
-110.38%
43.24%
-15.04%
Sales/Revenue/Turnover
15.98%
35.29%
6.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,769
5,661
6,630
5,609
22,669
2025
4,887
5,980
6,953
6,276
24,096
2026
5,917
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.64
6.8
11.2
- -
24.82
2025
-0.32
5
10
- -
21.09
2026
1.65
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
0.79
- -
1.62
2026
- -
- -
- -
- -
- -
Business
Türk Hava Yollari Anonim Ortakligi (TKHVY) operates as Turkey's flag carrier airline, providing scheduled passenger and cargo transportation services across a global network spanning more than 120 countries; its core offerings include full-service economy, business, and first-class cabins on wide-body and narrow-body aircraft, Miles&Smiles frequent flyer loyalty program, holiday packages through Turkish Airlines Holidays, and cargo services via Turkish Cargo for perishables, pharmaceuticals, and general freight. The company serves leisure, business, and cargo customers with a modern fleet of over 450 aircraft, including Boeing 777s, Airbus A350s, and A320neo family jets; it emphasizes connectivity to Istanbul Airport as its primary hub, offering seamless transfers between Europe, Asia, Africa, and the Americas. Founded in 1933 and headquartered in Istanbul, Turkey, the airline maintains subsidiaries such as Turkish Technic for maintenance, repair, and overhaul services; freeHa! for ground handling; and Turkish DO&CO for catering. In recent developments, Türk Hava Yollari expanded its fleet with orders for up to 355 new aircraft from Airbus, Boeing, and Embraer announced in 2024, supporting ambitions to grow to 600 aircraft by 2030 amid rising global demand. The company formed strategic alliances, including deepened codeshare partnerships with Delta Air Lines and expanded joint ventures with IAG (British Airways parent) in 2024-2025 to enhance transatlantic routes. Additionally, it launched new long-haul destinations such as Seattle and more frequencies to North America in 2025, while completing the integration of Istanbul Airport as its sole hub following the 2019 transition; no major name changes or reorganizations occurred recently.

Company News

APIChatGPT
  • Türk Hava Yollari Anonim Ortakligi (TKHVY) Q1 2026 Earnings Call Transcript

  • Türk Hava Yollari Anonim Ortakligi (OTCMKTS:TKHVY) Trading 5.2% Higher – What’s Next?

  • Türk Hava Yollari Anonim Ortakligi (TKHVY) Q4 2025 Earnings Call Transcript

  • Türk Hava Yollari Anonim Ortakligi (OTCMKTS:TKHVY) Shares Down 0.9% – What’s Next?

  • Southwest Expands Global Reach With Turkish Airlines

  • Türk Hava Yollari Anonim Ortakligi (TKHVY) Q3 2025 Earnings Call Transcript

  • Turkish Airlines reaches engine deal with GE Aerospace for 75 Boeing planes

  • Turkish Airlines to meet Boeing, CFM in coming weeks, chairman says

  • Turkish Airlines chair says may switch Boeing 737 order to Airbus if engine talks fail

  • Turkish Airlines plans huge Boeing purchase, following President Erdoğan's meeting with Trump

  • Turkish Airlines inks big Boeing deal after Erdogan visits US

  • Turkish Airlines agrees 225 Boeing aircraft orders, subject to engine talks

  • Turkish Airlines has no intention of raising stake in Spain's Air Europa, chairman says

  • India extends IndiGo's Turkish Airlines lease deal by six more months

  • Turkish Airlines says Spain's Air Europa accepts its offer to buy a minority stake

  • Turkish Airlines is preparing binding offer for Spain's Air Europa, executive says

  • Turkish Airlines Pioneers AI-led Innovation for Aviation with Red Hat OpenShift AI

  • Turkish Airlines Shares Are No Longer Cheap — But TKHVY Still Has Upside