TAV Havalimanlari Holding A.S. (IST:TAVHL)
 269.75
 +0.75 (0.28%)
  Nov 4, 2025, 4:45 PM GMT+3
IST:TAVHL Income Statement
Financials in millions TRY. Fiscal year is January - December.
 Millions TRY. Fiscal year is Jan - Dec.
Fiscal Year  | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 | 
|---|---|---|---|---|---|---|---|
Period Ending  | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 | 
Operating Revenue     | 76,646 | 59,211 | 34,433 | 18,308 | 7,839 | 2,738 | Upgrade   | 
| 76,646 | 59,211 | 34,433 | 18,308 | 7,839 | 2,738 | Upgrade   | |
Revenue Growth (YoY)     | 41.79% | 71.96% | 88.07% | 133.56% | 186.29% | -42.43% | Upgrade   | 
Cost of Revenue     | 46,839 | 36,753 | 20,938 | 10,807 | 4,312 | 1,850 | Upgrade   | 
Gross Profit     | 29,807 | 22,458 | 13,495 | 7,501 | 3,527 | 887.98 | Upgrade   | 
Selling, General & Admin     | 15,989 | 12,087 | 6,777 | 3,836 | 193.43 | 73.76 | Upgrade   | 
Other Operating Expenses     | -497.59 | -677.57 | -53.45 | -140.21 | 1,107 | 632.64 | Upgrade   | 
Operating Expenses     | 15,491 | 11,409 | 6,724 | 3,696 | 2,445 | 1,248 | Upgrade   | 
Operating Income     | 14,316 | 11,049 | 6,771 | 3,805 | 1,082 | -360.08 | Upgrade   | 
Interest Expense     | -6,368 | -5,882 | -4,020 | -2,177 | -1,356 | -608.14 | Upgrade   | 
Interest & Investment Income     | 2,671 | 2,406 | 1,088 | 317.42 | 99.82 | 98.22 | Upgrade   | 
Earnings From Equity Investments     | -689.21 | 2,178 | 4,488 | 826.19 | -341.57 | -697.57 | Upgrade   | 
Currency Exchange Gain (Loss)     | -1,515 | -313.35 | -573.15 | -185.06 | 119.12 | -221.86 | Upgrade   | 
Other Non Operating Income (Expenses)     | 314.95 | 279.5 | 1,001 | -341.81 | 1,645 | -383.29 | Upgrade   | 
EBT Excluding Unusual Items     | 8,730 | 9,717 | 8,754 | 2,245 | 1,248 | -2,173 | Upgrade   | 
Impairment of Goodwill     | - | - | - | - | -6.13 | - | Upgrade   | 
Gain (Loss) on Sale of Assets     | - | - | - | - | - | 10.25 | Upgrade   | 
Asset Writedown     | -1,123 | -1,123 | -295.52 | 178.87 | - | -332.5 | Upgrade   | 
Pretax Income     | 7,607 | 8,594 | 8,459 | 2,424 | 1,242 | -2,495 | Upgrade   | 
Income Tax Expense     | 2,921 | 1,531 | 675.55 | 361.46 | 472.46 | 31.75 | Upgrade   | 
Earnings From Continuing Operations     | 4,686 | 7,063 | 7,783 | 2,063 | 769.91 | -2,527 | Upgrade   | 
Earnings From Discontinued Operations     | -11.85 | -3.83 | -5.85 | -15.91 | -19.84 | -61.62 | Upgrade   | 
Net Income to Company     | 4,674 | 7,059 | 7,777 | 2,047 | 750.08 | -2,588 | Upgrade   | 
Minority Interest in Earnings     | -718.48 | -501.36 | -247.35 | -147.58 | -78.58 | 0.04 | Upgrade   | 
Net Income     | 3,956 | 6,558 | 7,530 | 1,899 | 671.5 | -2,588 | Upgrade   | 
Net Income to Common     | 3,956 | 6,558 | 7,530 | 1,899 | 671.5 | -2,588 | Upgrade   | 
Net Income Growth     | -54.98% | -12.91% | 296.51% | 182.81% | - | - | Upgrade   | 
Shares Outstanding (Basic)     | 363 | 363 | 363 | 362 | 361 | 363 | Upgrade   | 
Shares Outstanding (Diluted)     | 363 | 363 | 363 | 362 | 361 | 363 | Upgrade   | 
Shares Change (YoY)     | - | - | 0.47% | 0.10% | -0.56% | - | Upgrade   | 
EPS (Basic)     | 10.89 | 18.05 | 20.73 | 5.25 | 1.86 | -7.12 | Upgrade   | 
EPS (Diluted)     | 10.89 | 18.05 | 20.73 | 5.25 | 1.86 | -7.12 | Upgrade   | 
EPS Growth     | -54.98% | -12.91% | 294.65% | 182.55% | - | - | Upgrade   | 
Free Cash Flow     | 4,211 | 2,252 | -3,828 | 2,533 | 3,255 | -245.24 | Upgrade   | 
Free Cash Flow Per Share     | 11.59 | 6.20 | -10.54 | 7.01 | 9.01 | -0.68 | Upgrade   | 
Gross Margin     | 38.89% | 37.93% | 39.19% | 40.97% | 45.00% | 32.43% | Upgrade   | 
Operating Margin     | 18.68% | 18.66% | 19.66% | 20.78% | 13.80% | -13.15% | Upgrade   | 
Profit Margin     | 5.16% | 11.08% | 21.87% | 10.37% | 8.57% | -94.53% | Upgrade   | 
Free Cash Flow Margin     | 5.49% | 3.80% | -11.12% | 13.84% | 41.53% | -8.96% | Upgrade   | 
EBITDA     | 21,343 | 15,837 | 9,775 | 5,450 | 2,092 | 69.91 | Upgrade   | 
EBITDA Margin     | 27.85% | 26.75% | 28.39% | 29.77% | 26.68% | 2.55% | Upgrade   | 
D&A For EBITDA     | 7,027 | 4,789 | 3,004 | 1,645 | 1,010 | 429.99 | Upgrade   | 
EBIT     | 14,316 | 11,049 | 6,771 | 3,805 | 1,082 | -360.08 | Upgrade   | 
EBIT Margin     | 18.68% | 18.66% | 19.66% | 20.78% | 13.80% | -13.15% | Upgrade   | 
Effective Tax Rate     | 38.40% | 17.82% | 7.99% | 14.91% | 38.03% | - | Upgrade   | 
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.