Türk Hava Yollari Anonim Ortakligi (THYAO) Stock Price, Fundamentals & Analysis

What THYAO does

Türk Hava Yollari Anonim Ortakligi (THYAO) is the flag carrier of Turkey, providing air transport and aircraft technical maintenance services in Turkey and internationally. The company offers domestic and international passenger and cargo air transportation, repair and maintenance, aviation ground handling, catering, and a range of aviation support services. Incorporated in 1933 and headquartered in Istanbul, Turkey, THYAO operates in the Airlines industry within the Industrials sector. It is listed on the Borsa Istanbul and is part of the BIST 100 index.

Key numbers explained

• 290.75 TRY is the latest reported price for THYAO, up +0.78% on the day.
• The forward P/E ratio of 4 compares the current price to expected future earnings, a common way to gauge how the market values a company relative to its anticipated profits.
• The dividend yield of 2.28% shows the annual dividend as a percentage of the share price; the ex-dividend date is Sep 2, 2025, and 81% of trailing earnings are paid out as dividends.
• Beta of -0.05 suggests the stock's returns have historically moved very little in relation to the broader market.
• The 52-week range of 258.25 – 355.5 TRY shows the lowest and highest traded prices over the past year, with the current price sitting below the midpoint.
• Revenue of 26.35B USD and 20.5% year-over-year growth indicate the scale and recent top-line expansion of the business.
• Profit margin of 10.2% and operating margin of -2.6% show that while the company is profitable overall, its core operations are currently running at a loss before other income and expenses.
• Return on equity of 13.1% and debt-to-equity of 89.4% describe how effectively the company uses shareholders' capital and the level of debt financing relative to equity.

What to watch

• Airline stocks like THYAO are sensitive to fuel prices, currency movements, and global travel demand.
• Operating margin and profit margin can swing with capacity utilization and cost discipline.
• The debt-to-equity ratio of 89.4% is a level to monitor, as higher leverage can amplify the impact of interest rate changes or revenue shocks.
• Dividend sustainability is linked to earnings; with 81% of earnings paid out, any significant earnings decline could pressure future payouts.
• THYAO's position among peers such as Pegasus Hava Tasimaciligi Anonim Sirketi (PGSUS) and TAV Havalimanlari Holding A.S. (TAVHL) can provide context for industry trends.