TAV Havalimanlari Holding (TAVHL) — Capital Reinvestment Ratio
TAV Havalimanlari Holding (TAVHL) has a Capital Reinvestment Ratio of 0.91x as of December 2025, meaning it reinvests 1% of its operating cash flow (TL95.67 Million) in capital expenditures (TL87.39 Million). See debt-free asset ratio of TAV Havalimanlari Holding to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
TAV Havalimanlari Holding Capital Reinvestment Ratio (2003–2025)
This chart tracks TAV Havalimanlari Holding's Capital Reinvestment Ratio across 21 annual periods. Check TAV Havalimanlari Holding (TAVHL) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for TAV Havalimanlari Holding (2003–2025)
Year-by-year Capital Reinvestment Ratio for TAV Havalimanlari Holding from 2003 to 2025. For live market cap and broader valuation context, see market cap of TAV Havalimanlari Holding.
| Year | Reinvestment Ratio | Operating CF (TRY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.62x | TL347.49 Million | TL214.07 Million | ▼ -23.9% |
| 2024 | 0.81x | TL315.88 Million | TL255.56 Million | ▼ -77.9% |
| 2023 | 3.66x | TL58.60 Million | TL214.42 Million | ▲ +656.2% |
| 2022 | 0.48x | TL278.38 Million | TL134.71 Million | ▲ +413.8% |
| 2021 | 0.09x | TL238.11 Million | TL22.43 Million | ▼ -99.2% |
| 2020 | 11.67x | TL3.18 Million | TL37.16 Million | ▲ +2204.6% |
| 2019 | 0.51x | TL132.27 Million | TL66.97 Million | ▲ +125.8% |
| 2018 | 0.22x | TL387.76 Million | TL86.95 Million | ▲ +55.2% |
| 2017 | 0.14x | TL278.55 Million | TL40.23 Million | ▼ -27.1% |
| 2016 | 0.20x | TL542.87 Million | TL107.64 Million | ▼ -75.4% |
| 2015 | 0.80x | TL941.70 Million | TL757.73 Million | ▲ +97.9% |
| 2014 | 0.41x | TL526.16 Million | TL213.98 Million | ▼ -8.4% |
| 2013 | 0.44x | TL526.37 Million | TL233.66 Million | ▲ +40.0% |
| 2012 | 0.32x | TL414.04 Million | TL131.31 Million | ▲ +6.6% |
| 2011 | 0.30x | TL355.50 Million | TL105.72 Million | ▼ -15.9% |
| 2010 | 0.35x | TL336.29 Million | TL118.90 Million | ▼ -76.2% |
| 2009 | 1.49x | TL209.68 Million | TL312.08 Million | ▲ +57.0% |
| 2008 | 0.95x | TL226.32 Million | TL214.61 Million | ▼ -87.2% |
| 2007 | 7.42x | TL16.72 Million | TL124.01 Million | ▲ +3772.4% |
| 2004 | 0.19x | TL107.05 Million | TL20.50 Million | ▼ -55.2% |
| 2003 | 0.43x | TL99.88 Million | TL42.68 Million | — |