Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Net Margin %: 1.44% (As of Mar. 2026) — 63% Below Median


IST:TUPRS Tupras-Turkiye Petrol Rafineleri AS IST:TUPRS
80 GF Score
Price ₺216.80
GF Value ₺144.22
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tupras-Turkiye Petrol Rafineleri AS Net Margin %?

Tupras-Turkiye Petrol Rafineleri AS IST:TUPRS -1.63% 80 Net Margin % is 1.44% as of Mar. 2026, which is 63% below its 10-year median of 3.88. GuruFocus rates IST:TUPRS with a GF Score™ of 80/100 and a GF Value™ of ₺144.22 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 916 Oil & Gas companies, Tupras-Turkiye Petrol Rafineleri AS ranks better than 50.66% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Tupras-Turkiye Petrol Rafineleri AS's Net Income for the three months ended in Mar. 2026 was ₺3,710 Mil. Tupras-Turkiye Petrol Rafineleri AS's Revenue for the three months ended in Mar. 2026 was ₺258,254 Mil. Therefore, Tupras-Turkiye Petrol Rafineleri AS's net margin for the quarter that ended in Mar. 2026 was 1.44%.

The historical rank and industry rank for Tupras-Turkiye Petrol Rafineleri AS's Net Margin % or its related term are showing as below:

IST:TUPRS' s Net Margin % Range Over the Past 10 Years
Min: -3.94   Med: 3.88   Max: 7.8
Current: 3.63


IST:TUPRS's Net Margin % is ranked better than
50.66% of 916 companies
in the Oil & Gas industry
Industry Median: 3.435 vs IST:TUPRS: 3.63

Tupras-Turkiye Petrol Rafineleri AS  (IST:TUPRS) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tupras-Turkiye Petrol Rafineleri AS Net Margin % Related Terms


Tupras-Turkiye Petrol Rafineleri AS Net Margin % Historical Data

* Premium members only.

The historical data trend for Tupras-Turkiye Petrol Rafineleri AS's Net Margin % 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.

Tupras-Turkiye Petrol Rafineleri AS Net Margin % Chart

Tupras-Turkiye Petrol Rafineleri AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 6.69 7.80 2.26 3.56

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 0.06 4.85 5.51 3.32 1.44

IST:TUPRS vs VLO, MPC, PSX: Net Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri AS's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tupras-Turkiye Petrol Rafineleri AS Net Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tupras-Turkiye Petrol Rafineleri AS's Net Margin % falls into.


IST:TUPRS
80GF Score
Tupras-Turkiye Petrol Rafineleri AS IST:TUPRS
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tupras-Turkiye Petrol Rafineleri AS Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tupras-Turkiye Petrol Rafineleri AS's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=29523.183/830356.131
=3.56 %

Tupras-Turkiye Petrol Rafineleri AS's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3709.759/258253.85
=1.44 %

* 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 Margin % →
What does a Net Margin % of 1.44% mean?
Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) has a Net Margin % of 1.44% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Tupras-Turkiye Petrol Rafineleri AS and its competitors. This is 63% below median its historical median of 3.88. According to the industry distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #452 out of 916 companies in the Oil & Gas industry, placing it in the top 49.3%.
Is Tupras-Turkiye Petrol Rafineleri AS's Net Margin % too high?
Tupras-Turkiye Petrol Rafineleri AS's current Net Margin % of 1.44% is 63% below median its 10-year median of 3.88. The Oil & Gas industry median Net Margin % is 3.44. Tupras-Turkiye Petrol Rafineleri AS's value of 1.44% is 58.1% below this industry median. Based on the distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #452 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Tupras-Turkiye Petrol Rafineleri AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tupras-Turkiye Petrol Rafineleri AS's Net Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #452 out of 916 companies for Net Margin %. This puts Tupras-Turkiye Petrol Rafineleri AS in the upper half of its industry. The industry median Net Margin % is 3.44. Tupras-Turkiye Petrol Rafineleri AS's value of 1.44% is 58.1% below this benchmark. While the company's 10-year median is 3.88 vs. the industry median of 3.44, Tupras-Turkiye Petrol Rafineleri AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tupras-Turkiye Petrol Rafineleri AS's current Net Margin % of 1.44% is 58.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Tupras-Turkiye Petrol Rafineleri AS and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tupras-Turkiye Petrol Rafineleri AS's current Net Margin % is 1.44%, which is 63% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tupras-Turkiye Petrol Rafineleri AS stock overvalued right now?
Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺144.22, compared to a current price of ₺216.80 — trading 50.3% above its estimated fair value. The current Net Margin % is 1.44%, which is 63% below median its 10-year median of 3.88 and 58.1% below the Oil & Gas industry median of 3.44. Tupras-Turkiye Petrol Rafineleri AS's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS), the current Net Margin % is 1.44% 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.

Is Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Overvalued in 2026?

Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS stock appears to be overvalued. The current stock price of ₺216.80 is trading 50.3% above its estimated GF Value™ of ₺144.22. GuruFocus considers Tupras-Turkiye Petrol Rafineleri AS to be Significantly Overvalued.

Key valuation signals for IST:TUPRS:

  • Net Margin %: 1.44% (63% below median its 10-year median of 3.88)
  • GF Value™: ₺144.22 vs. price of ₺216.80 (50.3% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 58.1% below the Oil & Gas median (#452 of 916)

No single metric tells the full story. See the IST:TUPRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tupras-Turkiye Petrol Rafineleri AS Business Description

Industry EnergyOil & Gas
Address Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.
80GF Score

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

₺216.80
Price
₺144.22
GF Value