In our study, it is aimed to investigate the effect of financial performance of companies operating in the tourism sector on firm profitability. In order to achieve this aim, the financial statements of the tourism companies whose stocks traded in the stock exchanges of some developed countries for the years 2011-2019 have used. Dependent variables used to represent firm profitability in the study; return on assets’ ratio (ROA), return on equity ratio (ROE) and net profit margin (ROS); independent variables used to represent financial performance; interest coverage ratio (ICR), price earnings ratio (P/E), current ratio (CTR), leverage ratio (TDR) and asset growth ratio (ARS) have determined and the variables affecting profitability have analysed by static panel data analysis. According to the results of the research; it was determined that the interest coverage ratio and the asset growth rate have an effect on the return on assets ratio. Apart from this, it was determined that price earnings ratio, interest coverage ratio, current ratio and leverage ratio have an effect on the return on equity ratio. Finally, it was detected that the price earnings ratio and the current ratio have statistically significant effects on the net profit margin.