TAV Havalimanlari Holding (TAVHL) — Capital Reinvestment Ratio
TAV Havalimanlari Holding (TAVHL) has a Capital Reinvestment Ratio of 0.47x as of June 2026, meaning it reinvests 0% of its operating cash flow (TL124.55 Million) in capital expenditures (TL58.99 Million). Check how tangible is TAV Havalimanlari Holding's equity to evaluate the tangible quality of the company's equity base.
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. For the full cash flow conversion analysis, see TAVHL 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. See TAV Havalimanlari Holding (TAVHL) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |