TAV Havalimanlari Holding A.S. (TAVHL) Stock Price, Fundamentals & Analysis
Price
272.75 TRY
+0.28%
Last trade: Sep 25, 2026, 06:08 PM GMT+3
Updated: Sep 27, 2026, 12:48 PM GMT+3
Price history
Over the past year TAVHL traded between 221 TRY and 366.75 TRY, closing at 272.75 TRY on Sep 25, 2026.
Key statistics
| Market cap | 99.08B TRY |
|---|---|
| P/E ratio (TTM) | 16.3 |
| Forward P/E | 13.6 |
| EPS (TTM) | 16.69 EUR |
| Dividend yield | 1.32% |
| Annual dividend | 3.61 TRY |
| Ex-dividend date | Sep 22, 2026 |
| Payout ratio | 0% |
| 52-week range | 217.6 – 369 |
| 52-week change | 15.7% |
| Beta | -0.14 |
| Price / book | 1.21 |
| Revenue (TTM) | 93.34B EUR |
| Revenue growth (YoY) | 36.9% |
| Gross margin | 38.1% |
| Operating margin | 22.3% |
| Profit margin | 5.7% |
| Return on equity | 8% |
| Debt / equity | 134.3 |
| Volume | 1,785,543 |
| Average volume | 3,560,259 |
| Next earnings | Nov 4, 2026 |
| Exchange | Istanbul |
Profile
- Sector
- Industrials
- Industry
- Airports & Air Services
- Employees
- 24,163
- Headquarters
- Istanbul, Turkey
- Website
- tavhavalimanlari.com.tr
TAV Havalimanlari Holding A.S., together with its subsidiaries, constructs terminal buildings, and manages and operates terminals or airports in Turkey, Georgia, Kazakhstan, Macedonia, Tunisia, Croatia, Oman, Latvia, Spain, Qatar, Saudi Arabia, and internationally. It operates through Terminal Operations, Catering Operations, Duty Free Operations, Ground Handling and Bus Operations, and Other segments. The Terminal Operations segment engages in the operation of terminal buildings, car parks, general aviation terminals, and parking-apron-taxi way, as well as ground handling operations. Its Catering Operations segment manages food and beverage operations of the terminal for passengers and the terminal personnel. The Duty Free Operations segment sells duty free goods for the international arriving and departing passengers. Its Ground Handling and Bus Operations segment is involved in the provision of traffic, ramp, flight operations, cargo, and other ground handling services for domestic and international flights, as well as the operation of buses. The Other segment provides lounge, IT, security and education, and airline taxi services, as well as software and system services.
Overview
What TAVHL does
TAV Havalimanlari Holding A.S. (TAVHL) builds, manages, and operates terminal buildings and airports across Turkey, Georgia, Kazakhstan, Macedonia, Tunisia, Croatia, Oman, Latvia, Spain, Qatar, Saudi Arabia, and other international markets. It works through several business lines: running terminals and ground handling, catering for passengers and staff, selling duty-free goods, and providing lounge, IT, security, and software services. The company is part of the Borsa Istanbul stocks universe and is often discussed alongside peers such as Pegasus Hava Tasimaciligi Anonim Sirketi (PGSUS) and Türkiye Sise Ve Cam Fabrikalari A.S. (SISE).
Key numbers explained
- 272,75 TRY is the current price, reflecting what investors pay for one share right now.
- The +0,28% price change today shows the daily move relative to the previous close.
- A trailing P/E ratio of 16,3 means the share price is about 16 times the last 12 months’ earnings per share; a lower number can suggest cheaper valuation relative to earnings.
- The forward P/E ratio of 13,6 uses expected future earnings, which can be more relevant for growth stories.
- 1,32% is the dividend yield, the annual dividend payment expressed as a percentage of the current price.
- The ex-dividend date of 22 sept. 2026 is the cutoff: buyers on or after this date do not receive the next dividend.
- 0% share of earnings paid out as dividends means the company currently distributes none of its earnings as cash dividends.
- A beta of -0,14 suggests the stock’s returns have moved inversely to the broader market on average, though the magnitude is small.
- The 52-week range of 217,6 – 369 shows the lowest and highest traded prices over the past year.
- 15,7% price change over the last 52 weeks measures the total return from one year ago to today.
- 93,34 mld. EUR in revenue is the trailing 12-month total sales.
- 36,9% revenue growth year over year indicates how fast top-line sales have expanded.
- 5,7% profit margin is net income as a percentage of revenue.
- 22,3% operating margin reflects profitability from core operations before interest and taxes.
- 8% return on equity shows how much profit the company generates with shareholders’ equity.
- 134,3% debt-to-equity ratio indicates the company carries more debt than equity.
- 1,21 price-to-book compares the market price to the book value of equity per share.
- 16,69 EUR earnings per share is the trailing 12-month profit attributable to each share.
- 24.163 employees give a sense of the company’s scale.
What to watch
For a stock like TAVHL, investors typically monitor airport traffic volumes, which are sensitive to tourism and business travel cycles. Currency movements matter because the company reports in EUR while its share price is in TRY. Regulatory changes in airport operations, labor relations, and fuel costs can affect margins. The company’s capital structure is worth attention given the 134,3% debt-to-equity ratio. Earnings releases, such as the one expected on 4 nov. 2026, often move the stock. TAVHL is also part of the broader Turkish equity landscape, where peers like Koç Holding A.S. (KCHOL), ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi (ASELS), and Alarko Holding A.S. (ALARK) can provide sector context.
Latest news & filings
No recent headlines.
Frequently asked questions
Does TAVHL pay a dividend?
The dividend yield is 1,32%, but the share of earnings paid out as dividends is 0%, which means the company currently does not distribute earnings as cash dividends.
What is the TAVHL P/E ratio?
The trailing P/E ratio is 16,3, and the forward P/E ratio on expected earnings is 13,6.
Where can I buy TAVHL?
TAVHL trades on the Borsa Istanbul market.
How big is TAVHL?
It has a market cap of 99,08 mld. TRY, 24.163 employees, and trailing 12-month revenue of 93,34 mld. EUR.
How volatile is TAVHL compared to the market?
Its beta is -0,14, suggesting a small inverse relationship with the broader market.
Related
More on TAVHL
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