TKC · NYSE · Telecommunications Services

Turkcell (ADR) (TKC)

Connects Türkiye through mobile, fixed, TV and digital services.

$5.22
vs last close+0.05 (+0.87%)
Loading prices…

Turkcell Iletisim Hizmetleri A.S.TKC
Communication Services

Provides mobile, fixed-network, TV and digital services to consumer and enterprise customers in Türkiye. The NYSE-listed ADR represents a company whose control structure changed when Türkiye Wealth Fund gained effective board control in 2020.

Runs mobile and fixed networks alongside TV, voice, data and value-added digital services for consumer and enterprise customers. The core market is Türkiye, where the company launched the country's GSM era and later developed a converged telecommunications and technology-services profile.

The business extends beyond traditional mobile connectivity through digital infrastructure and services. LTE rollout, network virtualisation and the Unified Telco Cloud reflect a shift toward software-defined delivery; the 2019 strategy also set an IT-services role alongside telecommunications.

TKC is a sponsored NYSE Level II ADR backed by ordinary shares that trade in Türkiye. Since 2020, Türkiye Wealth Fund has held effective board control through privileged shares, making the control structure a continuing feature of the listed company.

Company facts

CEODr. Ali Taha Koç
ListedJul 11, 2000
ExchangeNYSE
HeadquartersIstanbul, Turkey
CountryTürkiye
Employees24,290
CIK0001071321
ISINUS9001112047

Market cap$4.50B
EPS (ttm)$0.4662
P/E (ttm)11.09
ROE7.3%
P/B0.7075
P/S1.08
Dividend yieldDiv yield4.26%
Beta0.68vs XLC 0.11

No analyst consensus on record.

Next report
Nov 5, 26
in 44 days
EPS estimate
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.01$0.09$0.13$0.15$0.10$0.12$0.13Pending
Estimate
Surprise

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.66B$1.26B$1.33B$1.43B$1.84B$1.51B$1.50BPending
Estimate$1.21B$1.23B$1.29B$1.47B$1.43B$1.49B$1.54B
Surprise+37.1%+3.0%+3.3%−2.9%+28.8%+0.7%−2.5%
Estimate
ReportedDue Nov 5, 2026
Estimate
ReportedDue Nov 5, 2026
View details

Debt to equity68.50%
Current ratio149.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$822.9M$1.34B$982.5M$1.09B$1.22B$34.1M$1.40B$1.51B
Net income$292.5M$69.5M$63.1M$86.1M$110.6M$2.0M$94.9M$110.3M
Net margin35.5%5.2%6.4%7.9%9.1%5.9%6.8%7.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$130.5M$533.9M$159.0M$176.7M$201.1M$5.3M$221.2M$199.1M
YoY growth+121.4%−23.3%+70.1%+42.8%+54.0%−99.0%+39.1%+12.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $2.38B · Total debt $4.36B · Total assets $13.56B · Shareholders' equity $6.36B

Revenue
$1.51B
Operating income
$199.1M
Net income
$110.3M

Reported in TRY, converted at the latest exchange rate

View details

Dividend yield
4.26%
Next ex-date
Dec 10, 26
in 79 days
Annual dividend
$0.22
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yieldUpcoming

Oct '21Jul '22Dec '23Dec '24Jun '25Dec '25Dec '26
Dividend$0.102$0.0796$0.0877$0.2042$0.1146$0.1057$0.1843
Annual yield5.50%7.63%1.84%3.05%5.68%3.95%3.53%
Ex-dateOct 29Jul 26Dec 20Dec 6Jun 23Dec 29Dec 10
Payment dateNov 8Aug 3Dec 29Dec 16Jul 1Jan 7Dec 17
View details

Institutions≈ 5.79%50.38M ADS
173 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Other≈ 94.21%820.20M ADS
remainder

870.58M ADS (1 ADS = 3 ordinary shares) as of Sep 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

This company has 3 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Morgan StanleyInstitution
1.28%11.17M ADSas of Jun 30, 2026
BlackRock, Inc.Institution
0.74%6.44M ADSas of Jun 30, 2026
Macquarie Management Holdings, Inc.Institution
0.71%6.21M ADSas of Jun 30, 2026
Two Sigma Investments, LPInstitution
0.25%2.19M ADSas of Jun 30, 2026
American Century Companies IncInstitution
0.22%1.90M ADSas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Vodafone (ADR)

    Major Turkish mobile-network rival with consumer and business offers

Compare

CompanyPriceChange
Turkcell (ADR)$5.22+0.87%$4.50B11.11.1+12.8%
Vodafone (ADR)$16.80−1.32%$39.19B0.8+12.7%
Median0.8+12.7%