Turk Hava Yollari AO (IST:THYAO) Pretax Margin %

: 6.34% (As of Mar. 2023)

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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Turk Hava Yollari AO's Pre-Tax Income for the three months ended in Mar. 2023 was ₺5,244 Mil. Turk Hava Yollari AO's Revenue for the three months ended in Mar. 2023 was ₺82,702 Mil. Therefore, Turk Hava Yollari AO's pretax margin for the quarter that ended in Mar. 2023 was 6.34%.

The historical rank and industry rank for Turk Hava Yollari AO's Pretax Margin % or its related term are showing as below:

IST:THYAO' s Pretax Margin % Range Over the Past 10 Years
Min: -13.75 Med: 7.53 Max: 16.52
Current: 16.12

IST:THYAO's Pretax Margin % is ranked better than
71.54% of 938 companies
in the Transportation industry
Industry Median: 7.25 vs IST:THYAO: 16.12

Turk Hava Yollari AO Pretax Margin % Historical Data

The historical data trend for Turk Hava Yollari AO's Pretax 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.

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Turk Hava Yollari AO Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

8.33

6.73

-13.75

9.44

16.52

Turk Hava Yollari AO Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Pretax Margin %																3.93	13.85	28.44	9.22	6.34

Turk Hava Yollari AO Pretax Margin % Calculation

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

Turk Hava Yollari AO's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	51310.99	/	310611.964
	=	16.52 %

Turk Hava Yollari AO's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	5243.71	/	82702.42
	=	6.34 %

Turk Hava Yollari AO (IST:THYAO) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Turk Hava Yollari AO Pretax Margin % Related Terms

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Turk Hava Yollari AO (IST:THYAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (IST:THYAO) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

TKHVY:USA TU5A:Germany

Address

Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149

Website

https://www.turkishairlines.com

Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.

Turk Hava Yollari AO (IST:THYAO) Headlines

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