Companies are classified
as large, medium and small enterprises according to their scale. Today,
increasing competition conditions make the sustainability of companies
difficult. For this reason, businesses should pay attention to their financial
structures and use their resources effectively while continuing their
activities. The purpose of the study is to compare the financial performance of
the small, medium and large-scale companies in the manufacturing sector which
has an important place in Turkey's economy, during the period 2014-2016. In the
study, 19 financial ratios related to liquidity, financial structure, activity,
and profitability were used. Firstly weights of criteria were determined by
using the Analytic Hierarchy Process (AHP) method and then companies were
ranked according to scale by Technique for Order Preference by Similarity to Ideal
Solution (TOPSIS) method. As a result of the analyzes, it was determined that
small and medium scaled firms, although they have a significant volume in
numerical terms, perform relatively weak in terms of financial performance
compared to large-scale firms.