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Financial data sourced from official regulatory filings and verified market data providers. Metrics calculated using GAAP/IFRS standards.

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Last updated: April 2026

ODAS FINANCIAL STATEMENTS

Odas Elektrik Üretim Sanayi Ticaret A.S. — balance sheet, income statement and cash flow trends

ODASOdas Elektrik Üretim Sanayi Ticaret A.S.

🇹🇷 Turkey · IS · Utilities · Utilities - Regulated Electric

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
010 B20 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue9.9 B ₺Gross Profit1.5 B ₺ · 15%Operating Income381.2 M ₺ · 4%Pre-tax Income77.3 M ₺ · 1%Net Income170.2 M ₺ · 2%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue9.9 B ₺+4.7%
Gross Profit1.5 B ₺-27.9%
Operating Income381.2 M ₺—
EBITDA3.3 B ₺+49.3%
Net Income170.2 M ₺—

Peer Comparison· Utilities - Regulated Electric

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
ODAS4.7%15.1%33.5%1.7%
GNE14.7%22.9%4.4%3.4%
NG-3.8%63.4%44.0%18.3%
HE4.2%7.3%18.0%4.2%
MGEE8.9%77.2%40.9%18.6%
NWE9.1%61.9%35.4%10.2%
Industry median7.9%40.7%40.4%13.6%
CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
ODAS4.7%15.1%33.5%1.7%
AKENR-29.0%-2.0%4.2%-22.8%
Industry median7.9%40.7%40.4%13.6%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
020 B40 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets45.8 B
  • Equity39.6 B ₺87%
  • Current Liabilities4.1 B ₺9%
  • Long-term Liabilities2 B ₺4%

Key Figures

YoY change
Total Assets45.8 B ₺+17.3%
Total Liabilities6.1 B ₺-26.7%
Total Equity39.6 B ₺+29.4%
Cash & ST Investments3.3 B ₺+99.7%
Total Debt1.8 B ₺+85.0%
Net Debt-1.6 B ₺—

Peer Comparison· Utilities - Regulated Electric

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
ODAS2.324.5%-0.4786.6%
GNE2.540.1%-8.5366.9%
NG0.76119.0%5.6436.3%
HE1.34180.0%4.4818.4%
MGEE1.1569.7%2.9742.4%
NWE0.70112.9%5.6533.9%
Industry median0.78161.2%5.6328.1%
CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
ODAS2.324.5%-0.4786.6%
AKENR0.11164.3%24.8734.2%
Industry median0.78161.2%5.6328.1%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
-10 B010 B20 B202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
-7.5 B-5 B-2.5 B0-7.7 B ₺Operating8.2 B ₺Investing769.9 M ₺Financing1.3 B ₺Net Change

Key Figures

YoY change
Operating Cash Flow-7.7 B ₺-640.3%
Capital Expenditures8.2 B ₺—
Free Cash Flow503.1 M ₺—
Dividends Paid0 ₺—

Peer Comparison· Utilities - Regulated Electric

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
ODAS-78.4%5.1%83.5%-4,547.7%
GNE4.8%3.4%1.4%142.6%
NG35.2%-21.2%56.5%192.3%
HE13.0%1.4%11.6%310.6%
MGEE34.7%-17.0%51.7%186.3%
NWE24.4%-9.0%33.4%239.0%
Industry median29.1%-9.0%44.9%208.0%
CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
ODAS-78.4%5.1%83.5%-4,547.7%
AKENR1.5%0.0%1.5%-6.4%
Industry median29.1%-9.0%44.9%208.0%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 3, 26. This content is for informational purposes only and is not investment advice.