• Turkcell Iletisim Hizmetleri AS average return on tangible equity for 2023 was 42.46, a 20.2% decline from 2022.
• Turkcell Iletisim Hizmetleri AS average return on tangible equity for 2022 was 53.21, a 2.06% decline from 2021.
• Turkcell Iletisim Hizmetleri AS average return on tangible equity for 2021 was 54.33, a 17.47% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.