TAV Havalimanlari Holding A.S. (IST:TAVHL)
Turkey flag Turkey · Delayed Price · Currency is TRY
286.00
-6.50 (-2.22%)
Mar 19, 2026, 12:38 PM GMT+3

IST:TAVHL Income Statement

Millions TRY. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Revenue
82,15159,21134,43318,3087,839
82,15159,21134,43318,3087,839
Revenue Growth (YoY)
38.74%71.96%88.07%133.56%186.29%
Cost of Revenue
49,31536,75320,93810,8074,312
Gross Profit
32,83622,45813,4957,5013,527
Selling, General & Admin
16,79712,0876,7773,836193.43
Other Operating Expenses
-102.58-677.57-53.45-140.211,107
Operating Expenses
16,69411,4096,7243,6962,445
Operating Income
16,14211,0496,7713,8051,082
Interest Expense
-7,745-5,882-4,020-2,177-1,356
Interest & Investment Income
2,4262,4061,088317.4299.82
Earnings From Equity Investments
-2,4382,1784,488826.19-341.57
Currency Exchange Gain (Loss)
-1,907-313.35-573.15-185.06119.12
Other Non Operating Income (Expenses)
-292.43279.51,001-341.811,645
EBT Excluding Unusual Items
6,1869,7178,7542,2451,248
Impairment of Goodwill
-----6.13
Asset Writedown
--1,123-295.52178.87-
Pretax Income
6,1868,5948,4592,4241,242
Income Tax Expense
2,6351,531675.55361.46472.46
Earnings From Continuing Operations
3,5527,0637,7832,063769.91
Earnings From Discontinued Operations
-11.38-3.83-5.85-15.91-19.84
Net Income to Company
3,5407,0597,7772,047750.08
Minority Interest in Earnings
-724.31-501.36-247.35-147.58-78.58
Net Income
2,8166,5587,5301,899671.5
Net Income to Common
2,8166,5587,5301,899671.5
Net Income Growth
-57.06%-12.91%296.51%182.81%-
Shares Outstanding (Basic)
363363363362361
Shares Outstanding (Diluted)
363363363362361
Shares Change (YoY)
--0.47%0.10%-0.56%
EPS (Basic)
7.7518.0520.735.251.86
EPS (Diluted)
7.7518.0520.735.251.86
EPS Growth
-57.06%-12.91%294.65%182.55%-
Free Cash Flow
7,2512,252-3,8282,5333,255
Free Cash Flow Per Share
19.966.20-10.547.019.01
Gross Margin
39.97%37.93%39.19%40.97%45.00%
Operating Margin
19.65%18.66%19.66%20.78%13.80%
Profit Margin
3.43%11.08%21.87%10.37%8.57%
Free Cash Flow Margin
8.83%3.80%-11.12%13.84%41.53%
EBITDA
23,66215,8379,7755,4502,092
EBITDA Margin
28.80%26.75%28.39%29.77%26.68%
D&A For EBITDA
7,5194,7893,0041,6451,010
EBIT
16,14211,0496,7713,8051,082
EBIT Margin
19.65%18.66%19.66%20.78%13.80%
Effective Tax Rate
42.59%17.82%7.99%14.91%38.03%
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.