In 2023, the earnings before interest, taxes, depreciation, amortization, and rentals amounted to roughly six billion U.S. dollars, an increase of 700 million U.S. dollars compared to the previous year. Over the period given, the cash generation potential of the company fluctuated with an overall increasing trend. Amidst the coronavirus pandemic, the Turkish flag carrier reported an EBITDAR of just below 1.9 billion U.S. dollars, which was the third lowest figure since 2012.
Annual earnings before interest, taxation, depreciation, amortization, and rentals (EBITDAR) of Turkish Airlines from 2012 to 2023
(in million U.S. dollars)
Figures prior to 2018 were taken from previous versions of the report.
EBITDAR is a way to measure a company's financial health and ability to generate cash flow.
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Turkish Airlines. (July 26, 2024). Annual earnings before interest, taxation, depreciation, amortization, and rentals (EBITDAR) of Turkish Airlines from 2012 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/891322/turkish-airlines-ebit/
Turkish Airlines. "Annual earnings before interest, taxation, depreciation, amortization, and rentals (EBITDAR) of Turkish Airlines from 2012 to 2023 (in million U.S. dollars)." Chart. July 26, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/891322/turkish-airlines-ebit/
Turkish Airlines. (2024). Annual earnings before interest, taxation, depreciation, amortization, and rentals (EBITDAR) of Turkish Airlines from 2012 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/891322/turkish-airlines-ebit/
Turkish Airlines. "Annual Earnings before Interest, Taxation, Depreciation, Amortization, and Rentals (Ebitdar) of Turkish Airlines from 2012 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 26 Jul 2024, https://www.statista.com/statistics/891322/turkish-airlines-ebit/
Turkish Airlines, Annual earnings before interest, taxation, depreciation, amortization, and rentals (EBITDAR) of Turkish Airlines from 2012 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/891322/turkish-airlines-ebit/ (last visited December 22, 2024)
Annual earnings before interest, taxation, depreciation, amortization, and rentals (EBITDAR) of Turkish Airlines from 2012 to 2023 (in million U.S. dollars) [Graph], Turkish Airlines, July 26, 2024. [Online]. Available: https://www.statista.com/statistics/891322/turkish-airlines-ebit/