Turcas Holding AS (IST:TRCAS) Net Income: ₺1,383.97 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:TRCAS Turcas Holding AS IST:TRCAS
20 GF Score
Price ₺44.16
! 1 Warning Sign
View Full Analysis

What is Turcas Holding AS Net Income?

Turcas Holding AS IST:TRCAS -3.87% 20 Net Income is ₺1,383.97 Mil as of Mar. 2026. GuruFocus rates IST:TRCAS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Turcas Holding AS's Net Income for the three months ended in Mar. 2026 was ₺772.13 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,383.97 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Turcas Holding AS's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ₺3.02.


Turcas Holding AS  (IST:TRCAS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Turcas Holding AS's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Turcas Holding AS Net Income Related Terms


Turcas Holding AS Net Income Historical Data

* Premium members only.

The historical data trend for Turcas Holding AS's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Turcas Holding AS Net Income Chart

Turcas Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -80.10 768.95 1,193.11 1,175.46 615.79

Turcas Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.50 394.88 405.82 -188.86 772.13
IST:TRCAS
20GF Score
Turcas Holding AS IST:TRCAS
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turcas Holding AS Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Turcas Holding AS's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=645.234+-29.447+0+-0.00100000000009
=615.79

Turcas Holding AS's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=743.691+28.438+0+0
=772.13

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,383.97 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of ₺1,383.97 Mil mean?
Turcas Holding AS (IST:TRCAS) has a Net Income of ₺1,383.97 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Turcas Holding AS and its competitors.
Is Turcas Holding AS's Net Income too high?
Turcas Holding AS's current Net Income is ₺1,383.97 Mil. Overall, Turcas Holding AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Turcas Holding AS's Net Income compare to CEG and VST?
Turcas Holding AS's Net Income of ₺1,383.97 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Utilities - Independent Power Producers company?
A good Net Income depends on the Utilities - Independent Power Producers industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Turcas Holding AS and its competitors. Turcas Holding AS's current Net Income is ₺1,383.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turcas Holding AS stock overvalued right now?
Turcas Holding AS (IST:TRCAS) has a current Net Income of ₺1,383.97 Mil. The current Net Income is ₺1,383.97 Mil. Turcas Holding AS's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Turcas Holding AS (IST:TRCAS), the current Net Income is ₺1,383.97 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Turcas Holding AS Business Description

Address AOS 55th Street No 2, Aksoy Plaza, 7th floor, Sariyer, Istanbul, TUR, 34375
Turcas Holding AS is an oil and energy-focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity, and Others. The products that are included in the Oil segment are fuel products, lubricants, and engine oil. The Electricity segment consists of power generation activity.
20GF Score

Get the complete analysis for IST:TRCAS

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺44.16
Price