Turk Hava Yollari AO (IST:THYAO) Total Operating Expense: ₺73,032 Mil (TTM As of Mar. 2026)


IST:THYAO Turk Hava Yollari AO IST:THYAO
81 GF Score
Price ₺326.00
GF Value ₺469.78
Valuation Possible Value Trap
! 8 Warning Signs
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What is Turk Hava Yollari AO Total Operating Expense?

Turk Hava Yollari AO IST:THYAO -0.91% 81 Total Operating Expense is ₺73,032 Mil as of Mar. 2026. GuruFocus rates IST:THYAO with a GF Score™ of 81/100 and a GF Value™ of ₺469.78 (Possible Value Trap). The stock has 8 warning signs investors should review.

Turk Hava Yollari AO's Total Operating Expense for the three months ended in Mar. 2026 was ₺27,236 Mil. Turk Hava Yollari AO's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺73,032 Mil.

Turk Hava Yollari AO Total Operating Expense Related Terms

Turk Hava Yollari AO Total Operating Expense Historical Data

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The historical data trend for Turk Hava Yollari AO's Total Operating Expense 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.

Turk Hava Yollari AO Total Operating Expense Chart

Turk Hava Yollari AO Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,737.77 24,044.87 56,411.58 65,108.86 68,062.74

Turk Hava Yollari AO Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 17,440.70 18,941.85 21,053.79 5,799.83 27,236.38
IST:THYAO
81GF Score
Turk Hava Yollari AO IST:THYAO
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Turk Hava Yollari AO Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 ₺73,032 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.

What does a Total Operating Expense of ₺73,032 Mil mean?
Turk Hava Yollari AO (IST:THYAO) has a Total Operating Expense of ₺73,032 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Turk Hava Yollari AO and its competitors.
Is Turk Hava Yollari AO's Total Operating Expense too high?
Turk Hava Yollari AO's current Total Operating Expense is ₺73,032 Mil. Overall, Turk Hava Yollari AO has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Turk Hava Yollari AO's Total Operating Expense compare to DAL and UAL?
Turk Hava Yollari AO's Total Operating Expense of ₺73,032 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Transportation company?
A good Total Operating Expense depends on the Transportation industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Turk Hava Yollari AO and its competitors. Turk Hava Yollari AO's current Total Operating Expense is ₺73,032 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Hava Yollari AO stock overvalued right now?
Based on GuruFocus' analysis, Turk Hava Yollari AO (IST:THYAO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺469.78, compared to a current price of ₺326.00 — trading 30.6% below its estimated fair value. The current Total Operating Expense is ₺73,032 Mil. Turk Hava Yollari AO's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Turk Hava Yollari AO (IST:THYAO), the current Total Operating Expense is ₺73,032 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.

Is Turk Hava Yollari AO (IST:THYAO) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Hava Yollari AO stock appears to be undervalued. The current stock price of ₺326.00 is trading 30.6% below its estimated GF Value™ of ₺469.78. GuruFocus considers Turk Hava Yollari AO to be Possible Value Trap.

Key valuation signals for IST:THYAO:

  • Total Operating Expense: ₺73,032 Mil
  • GF Value™: ₺469.78 vs. price of ₺326.00 (30.6% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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

Turk Hava Yollari AO Business Description

Other Exchanges TKHVY:USATU5A:Germany
Address Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, 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.
81GF Score

Get the complete analysis for IST:THYAO

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

₺326.00
Price
₺469.78
GF Value