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NYSE · TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) · LARGE CAP

Turkcell Iletisim Hizmetleri A S TKC

9 fiscal years on record · TRY · FY2023 reported · SEC filings only
TRY 107.1B
▲ 14.6% YoY
TRY 12.6B
▲ 82.5% YoY
TRY 27.5B
▲ 2.2% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Turkcell provides mobile and fixed voice, data, TV and digital services to subscribers throughout Türkiye over its network. As of December 31, 2025 the group had 46.2 million subscribers across Türkiye, Belarus and the Turkish Republic of Northern Cyprus, of which 43.9 million were in Türkiye, made up of 39.1 million mobile, 3.3 million fixed and 1.4 million IPTV subscribers. It owns a fiber network of 67.1 thousand km capable of offering up to 10 Gbps. Its sales activities are supported by a retail telecommunications dealer network in Türkiye consisting of 877 branded exclusive stores and 3,617 semi-branded dealers as of December 31, 2025. The group's segments are Turkcell Türkiye, Techfin and Other. Techfin services are provided through the digital payment services platform Paycell, the finance company Financell, the insurance company Turkcell Dijital Sigorta and the insurance agency Turkcell Sigorta. It manages 32 data centers, four of them classified as new-generation data centers that are also available for third-party sales. Turkcell started its operations in 1994.

Written from the business description in TURKCELL ILETISIM HIZMETLERI A S's annual report to the U.S. Securities and Exchange Commission, filed 17 April 2026. Every sentence was checked against that document before publication.

Growth

TRY 107.1B
Revenue, FY2023 · full 9-year series below
Revenue TRY B Net income TRY B
FY2023 · Revenue 107.1 · Net income 12.6
50B100B
2015201820212023
Compound annual growth
+15.5%
+38.1%
+40.7%
+44.1%
+39.9%
−60.7%
−52.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +38.1% a year over the five years to FY2023 — but profit grew faster: net income at +44.1%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2023 · Operating 7.3% · Net 11.7%
10%20%
201520192023
ROE
FY2023 · ROE 10.8%
10%20%
201520192023
Three returns, three denominators.

Each TRY of equity produced 11 cents of profit this year.

Cash & shareholders

TRY 50.8M
returned in FY2023 · dividends + net buybacks
Free cash flow TRY B
FY2023 · FCF 27.5
20B40B
201520192023
Net buybacks TRY B Dividends TRY B
FY2023 · Dividends · · Net buybacks 0.1
2B4B
201520162017201820192020202120222023

TRY 50.8M in buybacks — 0% of the year's profit went back to shareholders.

Total assetsTRY 247.1B
EquityTRY 122.2B
CashTRY 50.0B
Gross debtTRY 84.1B
Net debtTRY 34.1B
Current ratio1.78×

Net debt stands at 28% of equity.

The 9-year record

9 fiscal years
Every figure from documents filed with the SEC · TRY
row low → row highnegative—not applicable◌not available in our data
TKC, 9-year financial record
Metric 202320222021202020192018201720162015
Revenue TRY B107.193.5108.669.525.121.317.614.312.8
Operating income TRY B7.83.012.19.05.04.42.92.22.2
EBITDA TRY B39.135.543.327.810.18.65.54.40.6
Income tax TRY B−4.7−2.80.90.90.80.50.60.40.7
Net income TRY B12.66.97.14.53.22.02.01.52.1
Free cash flow TRY B27.526.943.612.55.82.90.2−2.0−0.2
EPS, diluted TRY 5.753.153.272.101.49◌◌◌◌
Dividend / sh TRY ◌◌◌◌◌◌◌◌◌
Payout %—3577183194151—190
ROE %10.87.916.623.219.113.112.89.813.3

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 40 reconciliationsAUDITED

Reconciled in 9 of the 9 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. 12 checks were skipped: EPS is not tagged before 2019. Eight checks were skipped: revenue is not tagged before 2015.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityTelephone Communications (No Radiotelephone)
Listed onNYSE
Incorporated inoutside the United States — SEC code W8
Fiscal year endsDecember 31
Data on record since2014

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