Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.
1933
63.5K+
LTM Revenue $22.4B
LTM EBITDA $4.2B
$18.3B
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Turkish Airlines has a last 12-month revenue (LTM) of $22.4B and a last 12-month EBITDA of $4.2B.
In the most recent fiscal year, Turkish Airlines achieved revenue of $580M and an EBITDA of $166M.
Turkish Airlines expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Turkish Airlines valuation multiples based on analyst estimatesLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue | $22.4B | XXX | $580M | XXX | XXX | XXX |
Gross Profit | $22.4B | XXX | $111M | XXX | XXX | XXX |
Gross Margin | 100% | XXX | 19% | XXX | XXX | XXX |
EBITDA | $4.2B | XXX | $166M | XXX | XXX | XXX |
EBITDA Margin | 19% | XXX | 29% | XXX | XXX | XXX |
EBIT | $2.0B | XXX | $62.9M | XXX | XXX | XXX |
EBIT Margin | 9% | XXX | 11% | XXX | XXX | XXX |
Net Profit | $3.1B | XXX | $87.6M | XXX | XXX | XXX |
Net Margin | 14% | XXX | 15% | XXX | XXX | XXX |
Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of May 30, 2025, Turkish Airlines's stock price is TRY 273 (or $7).
Turkish Airlines has current market cap of TRY 376B (or $9.6B), and EV of TRY 715B (or $18.3B).
See Turkish Airlines trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$18.3B | $9.6B | XXX | XXX | XXX | XXX | $2.23 |
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Start Free TrialAs of May 30, 2025, Turkish Airlines has market cap of $9.6B and EV of $18.3B.
Turkish Airlines's trades at 31.5x EV/Revenue multiple, and 110.0x EV/EBITDA.
Equity research analysts estimate Turkish Airlines's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Turkish Airlines has a P/E ratio of 3.1x.
See valuation multiples for Turkish Airlines and 12K+ public compsLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Market cap (current) | $9.6B | XXX | $9.6B | XXX | XXX | XXX |
EV (current) | $18.3B | XXX | $18.3B | XXX | XXX | XXX |
EV/Revenue | 0.8x | XXX | 31.5x | XXX | XXX | XXX |
EV/EBITDA | 4.3x | XXX | 110.0x | XXX | XXX | XXX |
EV/EBIT | 9.3x | XXX | 290.7x | XXX | XXX | XXX |
EV/Gross Profit | 0.8x | XXX | n/a | XXX | XXX | XXX |
P/E | 3.1x | XXX | 109.6x | XXX | XXX | XXX |
EV/FCF | n/a | XXX | 279.6x | XXX | XXX | XXX |
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Start Free TrialTurkish Airlines's last 12 month revenue growth is 14%
Turkish Airlines's revenue per employee in the last FY averaged $9K, while opex per employee averaged $1K for the same period.
Turkish Airlines's rule of 40 is 44% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Turkish Airlines's rule of X is 53% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Turkish Airlines and other 12K+ public compsLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue Growth | 14% | XXX | 586% | XXX | XXX | XXX |
EBITDA Margin | 19% | XXX | 29% | XXX | XXX | XXX |
EBITDA Growth | 13% | XXX | 488% | XXX | XXX | XXX |
Rule of 40 | 44% | XXX | 42% | XXX | XXX | XXX |
Bessemer Rule of X | XXX | XXX | 53% | XXX | XXX | XXX |
Revenue per Employee | XXX | XXX | $9K | XXX | XXX | XXX |
Opex per Employee | XXX | XXX | $1K | XXX | XXX | XXX |
S&M Expenses to Revenue | XXX | XXX | 6% | XXX | XXX | XXX |
G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
Opex to Revenue | XXX | XXX | 8% | XXX | XXX | XXX |
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EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
flyExclusive | XXX | XXX | XXX | XXX | XXX | XXX |
Qantas Airways | XXX | XXX | XXX | XXX | XXX | XXX |
Aegean Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
Asia Aviation | XXX | XXX | XXX | XXX | XXX | XXX |
Bangkok Airways | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Turkish Airlines acquired XXX companies to date.
Last acquisition by Turkish Airlines was XXXXXXXX, XXXXX XXXXX XXXXXX . Turkish Airlines acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialWhen was Turkish Airlines founded? | Turkish Airlines was founded in 1933. |
Where is Turkish Airlines headquartered? | Turkish Airlines is headquartered in Turkey. |
How many employees does Turkish Airlines have? | As of today, Turkish Airlines has 63.5K+ employees. |
Who is the CEO of Turkish Airlines? | Turkish Airlines's CEO is Mr. Bilal Eksi. |
Is Turkish Airlines publicy listed? | Yes, Turkish Airlines is a public company listed on IST. |
What is the stock symbol of Turkish Airlines? | Turkish Airlines trades under THYAO ticker. |
When did Turkish Airlines go public? | Turkish Airlines went public in 1990. |
Who are competitors of Turkish Airlines? | Similar companies to Turkish Airlines include e.g. flyExclusive, Qantas Airways, Aegean Airlines, Asia Aviation. |
What is the current market cap of Turkish Airlines? | Turkish Airlines's current market cap is $9.6B |
What is the current revenue of Turkish Airlines? | Turkish Airlines's last 12 months revenue is $22.4B. |
What is the current revenue growth of Turkish Airlines? | Turkish Airlines revenue growth (NTM/LTM) is 14%. |
What is the current EV/Revenue multiple of Turkish Airlines? | Current revenue multiple of Turkish Airlines is 0.8x. |
Is Turkish Airlines profitable? | Yes, Turkish Airlines is EBITDA-positive (as of the last 12 months). |
What is the current EBITDA of Turkish Airlines? | Turkish Airlines's last 12 months EBITDA is $4.2B. |
What is Turkish Airlines's EBITDA margin? | Turkish Airlines's last 12 months EBITDA margin is 19%. |
What is the current EV/EBITDA multiple of Turkish Airlines? | Current EBITDA multiple of Turkish Airlines is 4.3x. |
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