TKC
Turkcell Iletisim Hizmetleri AS
NYSE: TKC · COMMUNICATION SERVICES · TELECOM SERVICES
$6.23
-1.11% today
Updated 2026-04-29
Market cap
$5.42B
P/E ratio
13.84
P/S ratio
1.02x
EPS (TTM)
$0.45
Dividend yield
3.54%
52W range
$5 – $7
Volume
1.2M
Turkcell Iletisim Hizmetleri AS (TKC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.63B | $7.40B | $10.71B | $8.67B | $9.31B | $10.58B | $10.51B | $12.69B | $12.83B | $12.77B | $14.29B | $17.63B | $21.29B | $25.14B | $69.50B | $108.60B | $134.98B | $107.12B | $166.67B | $262.04B |
| Revenue growth (YoY) | — | +11.7% | +44.7% | -19.1% | +7.4% | +13.6% | -0.6% | +20.7% | +1.1% | -0.4% | +11.9% | +23.4% | +20.8% | +18.1% | +176.5% | +56.3% | +24.3% | -20.6% | +55.6% | +57.2% |
| Cost of revenue | $3.71B | $3.63B | $5.24B | $4.64B | $5.21B | $6.65B | $6.49B | $7.84B | $7.85B | $7.77B | $9.24B | $11.35B | $14.15B | $17.08B | $53.11B | $86.14B | $117.93B | $84.42B | $125.51B | $187.87B |
| Gross profit | $2.92B | $3.77B | $5.47B | $4.03B | $4.10B | $3.92B | $4.02B | $4.85B | $4.97B | $5.00B | $5.05B | $6.28B | $7.15B | $8.05B | $16.39B | $22.46B | $17.05B | $22.70B | $41.16B | $74.17B |
| Gross margin | 44.1% | 51.0% | 51.1% | 46.5% | 44.0% | 37.1% | 38.2% | 38.2% | 38.8% | 39.2% | 35.3% | 35.6% | 33.6% | 32.0% | 23.6% | 20.7% | 12.6% | 21.2% | 24.7% | 28.3% |
| R&D | — | — | — | — | — | — | — | — | — | $2.86M | $30.15M | $37.53M | $40.93M | $47.59M | $46.60M | $44.35M | $129.08M | $132.63M | $313.97M | — |
| SG&A | $1.39B | $1.63B | $475.40M | $408.72M | $540.52M | $464.86M | $484.62M | $608.82M | $597.38M | $625.28M | $490.15M | $584.58M | $646.50M | $753.14M | $3.23B | $4.85B | $6.64B | $3.36B | $6.81B | $26.83B |
| Operating income | $1.54B | $2.13B | $2.91B | $1.83B | $1.79B | $2.19B | $2.61B | $3.28B | $3.42B | $3.35B | $3.06B | $2.93B | $4.36B | $5.03B | $8.99B | $12.10B | $4.26B | $7.81B | $35.12B | $43.50B |
| Operating margin | 23.2% | 28.8% | 27.2% | 21.1% | 19.2% | 20.7% | 24.8% | 25.9% | 26.7% | 26.3% | 21.4% | 16.6% | 20.5% | 20.0% | 12.9% | 11.1% | 3.2% | 7.3% | 21.1% | 16.6% |
| EBITDA | $2.61B | $3.63B | $4.71B | $3.16B | $3.30B | $3.77B | $3.93B | $4.63B | $3.73B | $4.16B | $4.59B | $5.80B | $9.59B | $9.19B | $26.25B | $44.00B | $61.67B | $45.19B | $60.83B | $111.06B |
| EBITDA margin | 39.3% | 49.1% | 44.0% | 36.5% | 35.4% | 35.6% | 37.4% | 36.5% | 29.1% | 32.6% | 32.1% | 32.9% | 45.0% | 36.6% | 37.8% | 40.5% | 45.7% | 42.2% | 36.5% | 42.4% |
| EBIT | $1.54B | $2.13B | $2.86B | $2.55B | $1.79B | $2.02B | $2.52B | $2.88B | $1.99B | $2.50B | $2.45B | $3.25B | $5.34B | $4.16B | $7.51B | $10.13B | $10.86B | $11.72B | $34.54B | $43.50B |
| Interest expense | $278.02M | $743.52M | $125.94M | $280.61M | $159.78M | $546.13M | $201.38M | $120.86M | $132.64M | $292.81M | $436.33M | $659.34M | $807.12M | $201.82M | $151.89M | $2.82B | $6.16B | $8.43B | $11.46B | $53.65B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.23B | $1.58B | $2.70B | $1.64B | $1.82B | $1.42B | $2.08B | $2.61B | $1.56B | $2.07B | $1.49B | $1.98B | $2.02B | $3.25B | $4.50B | $7.14B | $9.93B | $12.55B | $23.52B | $19.10B |
| Net income growth (YoY) | — | +28.0% | +70.7% | -39.3% | +11.2% | -22.2% | +46.5% | +25.6% | -40.2% | +32.5% | -27.8% | +32.6% | +2.1% | +60.6% | +38.7% | +58.5% | +39.2% | +26.4% | +87.4% | -18.8% |
| Profit margin | 18.6% | 21.3% | 25.2% | 18.9% | 19.6% | 13.4% | 19.8% | 20.6% | 12.2% | 16.2% | 10.4% | 11.2% | 9.5% | 12.9% | 6.5% | 6.6% | 7.4% | 11.7% | 14.1% | 7.3% |