TAV Havalimanlari Holding A.S. (IST:TAVHL)

IST:TAVHL Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16,330	24,002	12,952	17,554	5,144	1,396
Trading Asset Securities	18.05	17.5	2,401	2,635	906.36	-
Cash & Short-Term Investments	16,348	24,020	15,353	20,189	6,050	1,396
Cash Growth	-3.66%	56.45%	-23.96%	233.71%	333.52%	-76.52%
Accounts Receivable	10,512	7,742	5,022	3,936	2,477	1,394
Other Receivables	3,587	3,078	2,333	1,446	907.56	439.38
Receivables	14,099	10,820	7,355	5,382	3,384	2,180
Inventory	2,994	2,861	1,643	1,101	996.65	311.42
Prepaid Expenses	7,021	1,714	1,958	2,372	1,946	443.94
Restricted Cash	-	-	-	-	-	1,234
Other Current Assets	7,148	7,594	4,957	4,561	2,609	1,151
Total Current Assets	47,610	47,008	31,266	33,606	14,986	6,715
Property, Plant & Equipment	53,982	45,572	39,829	24,301	10,474	6,445
Long-Term Investments	32,216	33,219	28,361	25,948	14,582	4,793
Goodwill	11,452	10,736	8,208	7,049	4,370	3,205
Other Intangible Assets	101,995	98,528	54,687	51,954	33,322	25,422
Long-Term Accounts Receivable	-	-	-	-	-	1,440
Long-Term Deferred Tax Assets	4,736	3,607	2,019	1,439	570	277.3
Other Long-Term Assets	11,712	11,214	12,612	9,194	3,648	358.06
Total Assets	265,832	252,102	178,652	154,827	84,335	51,724

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	6,230	4,855	3,489	2,351	1,685	634.17
Accrued Expenses	11,628	10,554	7,098	7,269	3,176	1,166
Short-Term Debt	16,070	14,185	11,060	12,164	5,525	2,551
Current Portion of Long-Term Debt	8,443	7,262	5,393	4,972	2,087	2,528
Current Portion of Leases	995.16	887.04	513.58	205.85	123.56	93.97
Current Income Taxes Payable	755.64	464.19	176.64	394.33	215.7	49.49
Current Unearned Revenue	539.63	418.68	395.79	473.49	912.8	50.09
Other Current Liabilities	9,405	21,981	1,578	1,103	849.77	244.36
Total Current Liabilities	54,067	60,607	29,704	28,933	14,575	7,318
Long-Term Debt	76,059	60,587	46,919	38,827	19,046	14,584
Long-Term Leases	9,409	7,545	4,017	2,036	1,042	818.37
Long-Term Unearned Revenue	952.48	941.81	609.94	474.37	233.72	198.26
Pension & Post-Retirement Benefits	2,434	1,883	1,426	757.56	479.02	164.76
Long-Term Deferred Tax Liabilities	4,884	5,135	3,242	2,513	1,775	1,121
Other Long-Term Liabilities	35,376	34,475	33,116	34,821	23,619	12,345
Total Liabilities	183,181	171,174	119,034	108,362	60,770	36,549

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	363.28	363.28	363.28	363.28	363.28	361.57
Additional Paid-In Capital	330.2	330.2	330.2	330.2	330.2	3,308
Retained Earnings	22,333	23,606	20,929	13,732	4,163	10,701
Treasury Stock	-	-	-	-	-	-64.3
Comprehensive Income & Other	58,964	55,275	37,437	31,544	18,310	645.28
Total Common Equity	81,991	79,575	59,060	45,969	23,166	14,951
Minority Interest	659.86	1,354	557.76	495.86	398.65	224.49
Shareholders' Equity	82,650	80,929	59,618	46,465	23,565	15,175
Total Liabilities & Equity	265,832	252,102	178,652	154,827	84,335	51,724

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	110,976	90,467	67,903	58,205	27,824	20,575
Net Cash (Debt)	-94,629	-66,447	-52,550	-38,016	-21,774	-19,180
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-260.48	-182.91	-144.65	-104.65	-60.22	-53.10
Filing Date Shares Outstanding	363.28	363.28	363.28	363.28	361.23	361.23
Total Common Shares Outstanding	363.28	363.28	363.28	363.28	361.23	361.23
Working Capital	-6,458	-13,599	1,562	4,673	410.42	-602.45
Book Value Per Share	225.69	219.04	162.57	126.54	64.13	41.39
Tangible Book Value	-31,456	-29,689	-3,836	-13,035	-14,526	-13,676
Tangible Book Value Per Share	-86.59	-81.73	-10.56	-35.88	-40.21	-37.86
Land	-	164.03	99.48	82.87	52.53	36.83
Buildings	-	16,966	13,160	6,704	4,043	2,873
Machinery	-	24,198	16,737	10,203	5,421	3,757
Construction In Progress	-	2,855	11,083	9,137	1,956	144.39
Leasehold Improvements	-	-	-	6,414	3,026	1,951

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 8, 2026

Data Sources Report a data error