TAV Havalimanlari Holding (TAVHL) — Cash Flow Quality Index

Latest as of June 2026: 1.87x

TAV Havalimanlari Holding (TAVHL) has a Cash Flow Quality Index of 1.87x as of June 2026. Operating cash flow of TL124.55 Million exceeds net income of TL66.64 Million, indicating high earnings quality where cash backs reported profits. Explore how well can TAV Havalimanlari Holding service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.87x
Operating CF / Net Income

Operating Cash Flow

TL124.55 Million
TRY

Net Income

TL66.64 Million
TRY

Data as of

Jun 2026
Most recent filing

TAV Havalimanlari Holding Cash Flow Quality Index (2003–2025)

Historical Cash Flow Quality Index for TAV Havalimanlari Holding across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does TAV Havalimanlari Holding generate cash.

Annual Cash Flow Quality Index for TAV Havalimanlari Holding (2003–2025)

Year-by-year earnings quality comparison for TAV Havalimanlari Holding.

Year Quality Index Operating CF (TRY) Net Income YoY Change
2025 6.86x TL347.49 Million TL50.66 Million ▲ +327.8%
2024 1.60x TL315.88 Million TL197.00 Million ▲ +607.4%
2023 0.23x TL58.60 Million TL258.50 Million ▼ -89.4%
2022 2.13x TL278.38 Million TL130.61 Million ▼ -55.3%
2021 4.77x TL238.11 Million TL49.95 Million ▲ +1206.0%
2019 0.36x TL132.27 Million TL362.39 Million ▼ -76.4%
2018 1.55x TL387.76 Million TL250.71 Million ▲ +2.9%
2017 1.50x TL278.55 Million TL185.30 Million ▼ -66.9%
2016 4.54x TL542.87 Million TL119.67 Million ▼ -3.5%
2015 4.70x TL941.70 Million TL200.33 Million ▲ +90.9%
2014 2.46x TL526.16 Million TL213.69 Million ▼ -37.9%
2013 3.97x TL526.37 Million TL132.66 Million ▲ +21.7%
2012 3.26x TL414.04 Million TL126.95 Million ▼ -52.4%
2011 6.86x TL355.50 Million TL51.84 Million ▲ +5.3%
2010 6.51x TL336.29 Million TL51.64 Million ▲ +59.8%
2009 4.07x TL209.68 Million TL51.46 Million ▼ -91.6%
2008 48.49x TL226.32 Million TL4.67 Million ▲ +43262.0%
2005 -0.11x TL-4.55 Million TL40.54 Million ▼ -101.4%
2004 7.93x TL107.05 Million TL13.50 Million ▲ +429.7%
2003 1.50x TL99.88 Million TL66.73 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.