Businesses need financial information to see their past and current performance and to make decisions regarding their strategic goals, and they obtain this information from financial statements and their analysis (Işıldak, 2018, p.117). The purpose of financial performance measurement is to provide information to those who will make decisions about the financial situation of the business. Financial performance analyzes can support business managers in making future decisions, as well as provide information about the business to those who will invest in the business and enable lending institutions to make decisions about granting loans to the business (Yükçü and Atağan, 2010, p. 28).Multi-criteria decision-making methods (MCDM) can be defined as mathematical methods that can be used to reach the most accurate decision in decision-making problems with multiple alternatives. These methods, which are frequently used and developed today, are methods that enable the optimal decision to be easily reached by saving both time and cost. In this study, analysis was made by applying TOPSIS (Technique for Order Preference by Similarity to Ideal Solution), which is one of the multi-criteria decision-making methods. It is among the findings of the study that the TOPSIS method is a cost-free and simple method that can be applied to make the best choice among a certain number of alternatives, when the correct evaluation factors and the importance levels of the evaluation factors are determined correctly.In this study, the financial performances of healthcare sector companies traded in Istanbul Stock Exchange for the 2020-2022 period were examined with the TOPSIS method, one of the multi-purpose decision-making methods, and the companies were ranked according to the results obtained. While analyzing the companies, data obtained from financial statements were used. In the analysis, liquidity ratios, activity ratios, financial structure ratios and profitability ratios were used from the ratios obtained from the financial statements. According to the data obtained, companies are ranked according to their performance over the years.
Kendirli et al. (Fri,) studied this question.