Gulermak Aglr Sanayi Insaat ve Taahhut A.S. (IST:GLRMK)

Turkey · Delayed Price · Currency is TRY

172.50

-7.50 (-4.17%)

Aug 31, 2026, 3:15 PM GMT+3

IST:GLRMK Financials Overview

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	48,624	45,533	45,179	26,461	21,023	18,717
Revenue Growth	9.43%	0.78%	70.74%	25.87%	12.32%	-
Gross Profit	5,668	5,747	5,220	2,778	425.07	13.2
Operating Income	5,363	4,778	4,533	2,475	166.63	-447.77
Net Income	3,398	4,279	4,672	1,640	174.96	663.33
Earnings Per Share	-	13.45	20.31	20.50	2.19	8.29
EPS Growth	-	-33.78%	-0.95%	837.39%	-73.62%	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Turkey	9,873	11,672	7,692	4,370	5,653
East	14,601	10,706	5,831	5,524	2,196
Eliminations	-9,432	-10,382	-5,075	-6,226	-7,018
West	30,490	33,183	18,013	17,355	17,886
Total	45,533	45,179	26,461	21,023	18,717

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	18,116	14,412	10,833	6,411	2,372	5,080
Total Debt	17,732	14,206	9,043	3,038	1,178	366.77
Net Cash (Debt)	383.67	206.02	1,790	3,373	1,194	4,713
Net Cash Growth	-	-88.49%	-46.91%	182.49%	-74.67%	-
Net Cash Per Share	-	0.65	7.78	42.16	14.92	58.92

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	2,953	3,162	4,206	4,956	2,288	5,020
Capital Expenditures	-1,940	-1,470	-2,076	-1,066	-742.64	-685.46
Free Cash Flow	1,013	1,691	2,130	3,890	1,545	4,334
Free Cash Flow Growth	-	-20.58%	-45.25%	151.75%	-64.35%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	11.66%	12.62%	11.55%	10.50%	2.02%	0.07%
Operating Margin	11.03%	10.49%	10.03%	9.35%	0.79%	-2.39%
Pretax Margin	9.65%	13.47%	12.55%	4.92%	-2.92%	4.75%
Profit Margin	6.99%	9.40%	10.34%	6.20%	0.83%	3.54%
FCF Margin	2.08%	3.72%	4.71%	14.70%	7.35%	23.16%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	17.09	13.19	-	-	-	-
P/FCF Ratio	57.33	33.38	-	-	-	-
PS Ratio	1.19	1.24	-	-	-	-