Turkcell Iletisim Hizmetleri AS (MEX:TKC N) Operating Margin %: 15.79% (As of Mar. 2026) — Near Median


MEX:TKC N Turkcell Iletisim Hizmetleri AS MEX:TKC N
92 GF Score
Price MXN100.00
GF Value MXN94.82
! 6 Warning Signs
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What is Turkcell Iletisim Hizmetleri AS Operating Margin %?

Turkcell Iletisim Hizmetleri AS MEX:TKC N 92 Operating Margin % is 15.79% as of Mar. 2026, which is 6% below its 10-year median of 16.77. GuruFocus rates MEX:TKC N with a GF Score™ of 92/100 and a GF Value™ of MXN94.82. The stock has 6 warning signs investors should review. Among 367 Telecommunication Services companies, Turkcell Iletisim Hizmetleri AS ranks better than 68.66% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Turkcell Iletisim Hizmetleri AS's Operating Income for the three months ended in Mar. 2026 was MXN4,411 Mil. Turkcell Iletisim Hizmetleri AS's Revenue for the three months ended in Mar. 2026 was MXN27,932 Mil. Therefore, Turkcell Iletisim Hizmetleri AS's Operating Margin % for the quarter that ended in Mar. 2026 was 15.79%.

Good Sign:

Turkcell Iletisim Hizmetleri AS operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Turkcell Iletisim Hizmetleri AS's Operating Margin % or its related term are showing as below:

MEX:TKC N' s Operating Margin % Range Over the Past 10 Years
Min: 4.51   Med: 16.77   Max: 22.76
Current: 16.74


MEX:TKC N's Operating Margin % is ranked better than
68.66% of 367 companies
in the Telecommunication Services industry
Industry Median: 9.73 vs MEX:TKC N: 16.74

Turkcell Iletisim Hizmetleri AS's 5-Year Average Operating Margin % Growth Rate was 4.10% per year.

Turkcell Iletisim Hizmetleri AS's Operating Income for the three months ended in Mar. 2026 was MXN4,411 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN18,354 Mil.


Turkcell Iletisim Hizmetleri AS  (MEX:TKC N) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Turkcell Iletisim Hizmetleri AS Operating Margin % Related Terms


Turkcell Iletisim Hizmetleri AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Turkcell Iletisim Hizmetleri AS's Operating 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.

Turkcell Iletisim Hizmetleri AS Operating Margin % Chart

Turkcell Iletisim Hizmetleri AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.45 4.51 12.68 13.96 17.19

Turkcell Iletisim Hizmetleri AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 17.53 17.21 18.02 16.22 15.79

MEX:TKC N vs TMUS, VZ, T: Operating Margin % Comparison

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri AS's Operating Margin %, along with its competitors' market caps and Operating 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.


Turkcell Iletisim Hizmetleri AS Operating Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Operating Margin % falls into.


MEX:TKC N
92GF Score
Turkcell Iletisim Hizmetleri AS MEX:TKC N
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turkcell Iletisim Hizmetleri AS Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Turkcell Iletisim Hizmetleri AS's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=17529.239 / 101952.56
=17.19 %

Turkcell Iletisim Hizmetleri AS's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=4411.241 / 27932.282
=15.79 %

* 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 Operating Margin % →
What does a Operating Margin % of 15.79% mean?
Turkcell Iletisim Hizmetleri AS (MEX:TKC N) has a Operating Margin % of 15.79% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Turkcell Iletisim Hizmetleri AS and its competitors. This is near median its historical median of 16.77. Over the past decade, Turkcell Iletisim Hizmetleri AS's Operating Margin % has ranged from 4.51 to 22.76. According to the industry distribution chart, Turkcell Iletisim Hizmetleri AS ranks #115 out of 367 companies in the Telecommunication Services industry, placing it in the top 31.3%.
Is Turkcell Iletisim Hizmetleri AS's Operating Margin % too high?
Turkcell Iletisim Hizmetleri AS's current Operating Margin % of 15.79% is near median its 10-year median of 16.77. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 22.76. The Telecommunication Services industry median Operating Margin % is 9.73. Turkcell Iletisim Hizmetleri AS's value of 15.79% is 62.3% above this industry median. Based on the distribution chart, Turkcell Iletisim Hizmetleri AS ranks #115 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Turkcell Iletisim Hizmetleri AS has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Turkcell Iletisim Hizmetleri AS's Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Turkcell Iletisim Hizmetleri AS ranks #115 out of 367 companies for Operating Margin %. This puts Turkcell Iletisim Hizmetleri AS in the upper half of its industry. The industry median Operating Margin % is 9.73. Turkcell Iletisim Hizmetleri AS's value of 15.79% is 62.3% above this benchmark. Historically, Turkcell Iletisim Hizmetleri AS's own Operating Margin % has ranged from 4.51 to 22.76 over the past decade. While the company's 10-year median is 16.77 vs. the industry median of 9.73, Turkcell Iletisim Hizmetleri AS has consistently been above 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 Operating Margin % for a Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.73, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turkcell Iletisim Hizmetleri AS's current Operating Margin % of 15.79% is 62.3% above 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Turkcell Iletisim Hizmetleri AS and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkcell Iletisim Hizmetleri AS's current Operating Margin % is 15.79%, which is near median its own 10-year median of 16.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkcell Iletisim Hizmetleri AS stock overvalued right now?
Turkcell Iletisim Hizmetleri AS (MEX:TKC N) has a current Operating Margin % of 15.79%. The stock's GF Value™ is MXN94.82, compared to a current price of MXN100.00 — trading 5.5% above its estimated fair value. The current Operating Margin % is 15.79%, which is near median its 10-year median of 16.77 and 62.3% above the Telecommunication Services industry median of 9.73. Turkcell Iletisim Hizmetleri AS's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Turkcell Iletisim Hizmetleri AS (MEX:TKC N), the current Operating Margin % is 15.79% 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 Turkcell Iletisim Hizmetleri AS (MEX:TKC N) Overvalued in 2026?

Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS stock appears to be overvalued. The current stock price of MXN100.00 is trading 5.5% above its estimated GF Value™ of MXN94.82.

Key valuation signals for MEX:TKC N:

  • Operating Margin %: 15.79% (near median its 10-year median of 16.77)
  • GF Value™: MXN94.82 vs. price of MXN100.00 (5.5% above fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 62.3% above the Telecommunication Services median (#115 of 367)

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


Turkcell Iletisim Hizmetleri AS Business Description

Address Aydinevler Mahallesi Ismet Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm's services portfolio includes mobile and fixed voice, data, TV, and digital services over its network. The firm also operates in the Turkish Republic of Northern Cyprus, Belarus, the Netherlands, and Ukraine. It has three main reportable segments: Turkcell Turkiye, Techfin, and Other. The Turkcell Turkiye segment, which derives the majority of revenue, comprises mainly telecommunication and technology services activities.
92GF Score

Get the complete analysis for MEX:TKC N

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

MXN100.00
Price
MXN94.82
GF Value