Textile and clothing industry, which has a significant place in Turkish economy with its production, employment and export figures, is passing through a reconstruction process. Managers and/or owners of the enterprises must use different analysis techniques in order to be able to take accurate and clear decisions and strategize successfully in this process. At this point, ratio analysis, which gives information about the financial structure of the enterprises and the sector, is seen as a significant financial analysis technique. In this research it is aimed to evaluate the performances of textile and clothing enterprises in Borsa Istanbul where the leading enterprises of the sectors are traded. In accordance with this purpose, the performances of 22 textile and clothing enterprises between the years of 2008 and 2012 are evaluated with ratio analysis technique. Besides, residual incomes of the enterprises are calculated and interpreted. The ratio data obtained within the research scope are interpreted according to both international criteria and Turkey's dynamics. The obtained results reveal the economical situation of textile and clothing sector obviously.