Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
Türk Hava Yollari Anonim Ortakligi (THYAO.IS)
Istanbul, TR
Türk Hava Yolları Anonim Ortaklığı operates as a diversified company, providing both air transport and comprehensive aircraft technical maintenance services across Turkey and internationally. Its core activities involve managing domestic and global flights for passengers and cargo. Beyond flight operations, the firm offers extensive support to the aviation sector, encompassing repairs, ongoing maintenance, and critical technical and infrastructure assistance. The company's wide array of services also includes in-flight catering, aviation ground handling, software system maintenance, and IT consulting. Additionally, Türk Hava Yolları engages in training programs, airport management, and various investment ventures. It further participates in the manufacturing and trading of aircraft cabin interior accessories and seats, alongside its involvement in aviation fuel sales. The company was founded in 1933 and is headquartered in Istanbul, Turkey.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.89% | -1.92% | -5.41% | -9.27% | +14.09% | +13.87% | -1.21% | +130.58% | +2,183.42% | +4,669.89% | +13,566,479.40% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 9 | 0 |
| Hold | 2 | +1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Airlines, Airports & Air Services: +6.5%-3.6% Q1'26: +18.4% (vs Q1'25)
-
EPS growth Airlines, Airports & Air Services: +12.5%-21.0% Q1'26: +601.6% (vs Q1'25)
-
FCF margin FCF growth · Airlines, Airports & Air Services: -2.8%+3.3% Q1'26: +13.1% (vs Q1'25)
-
EBIT margin Airlines, Airports & Air Services: +10.3%+6.6% Q1'26: -3.1% (vs Q1'25)
-
ROIC Airlines, Airports & Air Services: +6.0%+3.9% Q1'26: -2.2% (vs Q1'25)
-
Share dilution Airlines, Airports & Air Services: +0.0%+0.0% Q1'26: 0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Airlines, Airports & Air Services: 1.43×4.83× Q1'26: 10.05× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 9 Rev. Ana. 1 EPS Ana. |
Dec 2027 7 Rev. Ana. 4 EPS Ana. |
Dec 2028 2 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
9.92B
est.
|
8.66B
est.
|
10.52B
est.
|
16.32B
est.
|
12.63B
est: 13.80B (-8.5%)
|
6.73B
est: 6.19B (+8.8%)
|
7.32B
est: 9.14B (-19.9%)
|
16.65B
est: 18.16B (-8.3%)
|
20.94B
est: 19.55B (+7.1%)
|
22.67B
est: 21.39B (+6.0%)
|
21.86B
est: 22.97B (-4.8%)
|
27.67B
26.24B – 30.30B
+20.5% YoY
|
32.70B
28.30B – 40.14B
+18.2% YoY
|
35.60B
32.18B – 41.49B
+8.9% YoY
|
| EBITDA |
2.01B
est.
|
1.76B
est.
|
2.14B
est.
|
3.31B
est.
|
1.20B
est: 2.80B (-57.2%)
|
1.02B
est: 1.26B (-18.9%)
|
2.08B
est: 1.86B (+12.4%)
|
4.77B
est: 3.69B (+29.5%)
|
3.32B
est: 4.02B (-17.5%)
|
3.03B
est: 4.40B (-31.1%)
|
3.62B
est: 4.73B (-23.5%)
|
5.70B
5.40B – 6.24B
+20.5% YoY
|
6.73B
5.82B – 8.26B
+18.2% YoY
|
7.33B
6.62B – 8.54B
+8.9% YoY
|
| EBIT |
864.64M
est.
|
754.46M
est.
|
916.90M
est.
|
1.42B
est.
|
817.67M
est: 1.20B (-32.0%)
|
-641.00M
est: 539.25M (-218.9%)
|
921.24M
est: 796.75M (+15.6%)
|
3.12B
est: 1.58B (+96.8%)
|
2.56B
est: 2.34B (+9.6%)
|
2.17B
est: 2.56B (-15.0%)
|
1.45B
est: 2.74B (-47.1%)
|
3.31B
3.13B – 3.62B
+20.5% YoY
|
3.91B
3.38B – 4.80B
+18.2% YoY
|
4.25B
3.84B – 4.96B
+8.9% YoY
|
| Net Income |
694.74M
est.
|
-198.64M
est.
|
319.98M
est.
|
1.06B
est.
|
762.21M
est: 519.66M (+46.7%)
|
-836.00M
est: -888.12M (+5.9%)
|
617.50M
est: 742.03M (-16.8%)
|
2.54B
est: 2.70B (-6.1%)
|
6.02B
est: 5.52B (+9.0%)
|
3.43B
est: 3.29B (+4.0%)
|
2.70B
est: 2.49B (+8.7%)
|
1.89B
1.58B – 2.19B
-24.1% YoY
|
1.74B
1.07B – 2.40B
-8.0% YoY
|
2.55B
2.13B – 2.96B
+46.6% YoY
|
| SGA |
800.74M
est.
|
698.70M
est.
|
849.13M
est.
|
1.32B
est.
|
1.66B
est: 1.11B (+49.3%)
|
518.00M
est: 499.40M (+3.7%)
|
457.50M
est: 737.87M (-38.0%)
|
980.48M
est: 1.47B (-33.1%)
|
2.16B
est: 1.53B (+40.9%)
|
2.32B
est: 1.67B (+38.5%)
|
1.41B
est: 1.80B (-21.3%)
|
2.17B
2.05B – 2.37B
+20.5% YoY
|
2.56B
2.21B – 3.14B
+18.2% YoY
|
2.79B
2.52B – 3.25B
+8.9% YoY
|
| EPS |
0.50
est.
|
-0.14
est.
|
0.23
est.
|
0.77
est.
|
0.55
est: 0.38 (+46.1%)
|
-0.61
est: -0.64 (+5.2%)
|
0.69
est: 0.54 (+28.3%)
|
1.84
est: 1.96 (-6.1%)
|
4.36
est: 4.00 (+9.0%)
|
2.48
est: 2.28 (+8.6%)
|
1.96
est: 1.72 (+13.6%)
|
1.31
1.15 – 1.59
-24.1% YoY
|
1.42
0.78 – 1.74
+8.4% YoY
|
1.76
1.54 – 2.14
+24.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | A | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-05-08 | A | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-05-07 | A | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-05-06 | A | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-05-05 | A | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-05-04 | A | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-30 | A+ | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 5/5 | 5/5 |
| 2026-04-29 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 5/5 | 5/5 |
| 2026-04-28 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 5/5 | 5/5 |
| 2026-04-27 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-24 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-22 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-21 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-20 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-17 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-16 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-15 | A | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Abdulkerim Çay | Chief Human Resources Officer | — | male |
| Ahmet Olmustur | CEO & Director | — | male |
| Bilal Eksi | Chief Executive Officer, President & Executive Director | — | male |
| Captain Mehmet Kadaifciler | Chief Flight Operations Officer | — | — |
| Kerem Kiziltunç | Chief Information & Technology Officer | — | — |
| Levent Konukcu | Chief Investment & Strategy Officer | — | — |
| Mehmet Akif Konar | Chief Operational Officer | — | male |
| Mehmet Fatih Korkmaz | Head of Investor Relations | — | male |
| Metin Gulsen | Chief Financial Officer & Director | — | male |
| Murat Seker | Executive Chairman of the Board | — | — |
| Ramazan Sari | Senior Vice President of General Aviation (VIP Aircraft) Operations & Director | — | male |
| Zekeriya Demir | Senior Vice President of Accounting & Financial Control | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for THYAO.IS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
