TAV Havalimanlari Holding (TAVHL) — Cash Flow Reinvestment Rate
TAV Havalimanlari Holding (TAVHL) has a Cash Flow Reinvestment Rate of 0.91x as of December 2025, reinvesting TL87.39 Million (capex TL87.39 Million ) from operating cash flow of TL95.67 Million. Explore capital reinvestment ratio of TAV Havalimanlari Holding to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
TAV Havalimanlari Holding Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for TAV Havalimanlari Holding across 21 annual periods. Also explore TAV Havalimanlari Holding assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for TAV Havalimanlari Holding (2003–2025)
Year-by-year capital reinvestment analysis for TAV Havalimanlari Holding. For live market cap and broader valuation context, see TAVHL market cap overview.
| Year | Reinvestment Rate | Total Reinvested (TRY) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.62x | TL214.07 Million | TL347.49 Million | TL214.07 Million | ▼ -53.9% |
| 2024 | 1.34x | TL421.75 Million | TL315.88 Million | TL255.56 Million | ▼ -72.1% |
| 2023 | 4.78x | TL279.96 Million | TL58.60 Million | TL214.42 Million | ▲ +161.9% |
| 2022 | 1.82x | TL507.83 Million | TL278.38 Million | TL134.71 Million | ▲ +499.8% |
| 2021 | 0.30x | TL72.42 Million | TL238.11 Million | TL22.43 Million | ▼ -98.9% |
| 2020 | 27.37x | TL87.16 Million | TL3.18 Million | TL37.16 Million | ▲ +2995.2% |
| 2019 | 0.88x | TL116.97 Million | TL132.27 Million | TL66.97 Million | ▼ -26.7% |
| 2018 | 1.21x | TL468.09 Million | TL387.76 Million | TL86.95 Million | ▼ -20.2% |
| 2017 | 1.51x | TL421.38 Million | TL278.55 Million | TL40.23 Million | ▲ +314.2% |
| 2016 | 0.37x | TL198.26 Million | TL542.87 Million | TL107.64 Million | ▼ -69.8% |
| 2015 | 1.21x | TL1.14 Billion | TL941.70 Million | TL757.73 Million | ▲ +197.4% |
| 2014 | 0.41x | TL213.98 Million | TL526.16 Million | TL213.98 Million | ▼ -8.4% |
| 2013 | 0.44x | TL233.66 Million | TL526.37 Million | TL233.66 Million | ▲ +40.0% |
| 2012 | 0.32x | TL131.31 Million | TL414.04 Million | TL131.31 Million | ▲ +6.6% |
| 2011 | 0.30x | TL105.72 Million | TL355.50 Million | TL105.72 Million | ▼ -15.9% |
| 2010 | 0.35x | TL118.90 Million | TL336.29 Million | TL118.90 Million | ▼ -76.2% |
| 2009 | 1.49x | TL312.08 Million | TL209.68 Million | TL312.08 Million | ▲ +57.0% |
| 2008 | 0.95x | TL214.61 Million | TL226.32 Million | TL214.61 Million | ▼ -87.2% |
| 2007 | 7.42x | TL124.01 Million | TL16.72 Million | TL124.01 Million | ▲ +3772.4% |
| 2004 | 0.19x | TL20.50 Million | TL107.05 Million | TL20.50 Million | ▼ -55.2% |
| 2003 | 0.43x | TL42.68 Million | TL99.88 Million | TL42.68 Million | — |