Turkish Airlines Cash Flow Reinvestment Rate
Turkish Airlines cash flow reinvestment rate. Turkish Airlines (THYAO) has a Cash Flow Reinvestment Rate of 2.02x as of December 2025, reinvesting TL2.15 Billion (capex TL660.00 Million plus investments TL-1.49 Billion) from operating cash flow of TL1.07 Billion. See THYAO financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Turkish Airlines (2003–2025)
Cash flow reinvestment rate of Turkish Airlines from 2003 to 2025. Historical reinvestment intensity for Turkish Airlines across 22 annual periods. Explore Turkish Airlines cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Turkish Airlines Cash Flow Reinvestment Rate by Year (2003–2025)
Turkish Airlines cash flow reinvestment rate by year from 2003 to 2025. Year-by-year capital reinvestment analysis for Turkish Airlines. For the full cash flow conversion analysis, see Turkish Airlines (THYAO) cash conversion ratio.
| Year | Reinvestment Rate | Total Reinvested (TRY) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.05x | TL4.51 Billion | TL4.30 Billion | TL2.02 Billion | ▲ +61.5% |
| 2024 | 0.65x | TL2.49 Billion | TL3.84 Billion | TL1.28 Billion | ▼ -39.7% |
| 2023 | 1.08x | TL5.28 Billion | TL4.91 Billion | TL866.58 Million | ▲ +346.4% |
| 2022 | 0.24x | TL28.19 Billion | TL117.01 Billion | TL16.64 Billion | ▲ +57.7% |
| 2021 | 0.15x | TL7.54 Billion | TL49.36 Billion | TL7.54 Billion | ▼ -92.0% |
| 2020 | 1.90x | TL10.66 Billion | TL5.60 Billion | TL8.00 Billion | ▲ +290.4% |
| 2019 | 0.49x | TL6.35 Billion | TL13.03 Billion | TL5.75 Billion | ▼ -35.2% |
| 2018 | 0.75x | TL7.23 Billion | TL9.61 Billion | TL5.40 Billion | ▲ +90.7% |
| 2017 | 0.39x | TL3.55 Billion | TL9.01 Billion | TL3.02 Billion | ▼ -21.7% |
| 2016 | 0.50x | TL977.05 Million | TL1.94 Billion | TL751.64 Million | ▼ -33.4% |
| 2015 | 0.76x | TL3.05 Billion | TL4.04 Billion | TL2.01 Billion | ▲ +31.7% |
| 2014 | 0.57x | TL1.52 Billion | TL2.64 Billion | TL1.36 Billion | ▼ -26.6% |
| 2013 | 0.78x | TL2.22 Billion | TL2.84 Billion | TL2.22 Billion | ▲ +18.2% |
| 2012 | 0.66x | TL1.35 Billion | TL2.04 Billion | TL1.35 Billion | ▼ -4.6% |
| 2011 | 0.69x | TL1.08 Billion | TL1.55 Billion | TL1.08 Billion | ▼ -42.9% |
| 2010 | 1.21x | TL1.04 Billion | TL861.17 Million | TL1.04 Billion | ▼ -8.5% |
| 2009 | 1.33x | TL1.56 Billion | TL1.18 Billion | TL1.56 Billion | ▲ +751.9% |
| 2008 | 0.16x | TL230.33 Million | TL1.48 Billion | TL230.33 Million | ▼ -93.7% |
| 2006 | 2.47x | TL1.08 Billion | TL435.57 Million | TL1.08 Billion | ▲ +127.6% |
| 2005 | 1.09x | TL473.12 Million | TL435.94 Million | TL473.12 Million | ▲ +193.3% |
| 2004 | 0.37x | TL118.56 Million | TL320.45 Million | TL118.56 Million | ▲ +202.5% |
| 2003 | 0.12x | TL62.94 Trillion | TL514.56 Trillion | TL62.94 Trillion | — |