Stocktoria

Transurban Group TCL.AX

AU · Australian Securities Exchange · XASX · stock · Industrials · website

Transurban Group statistics & valuation

Market capA$43.6B
P / E327.5×
P / S11.6×
P / B4.7×
Dividend yield4.86%
Net margin3.5%
Return on equity1.5%
Net debtA$19.3B
Enterprise value USD$44.6B
Earnings yield EBIT/EV1.5%
Return on capital3%
Graham number -87.9%A$1.69

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (A$1.69); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
0.60% 1.50% 7.90% 3.50% 2022202320242025
Gross margin (%)
63.20% 63.10% 66.40% 68.00% 2022202320242025
Operating margin (%)
17.20% 24.00% 27.50% 24.80% 2022202320242025
Return on equity (%)
0.10% 0.50% 3.00% 1.50% 2022202320242025
Shares outstanding
3.12B 3.12B 3.12B 3.12B 2022202320242025
Net debt (A$)
A$15.62B A$16.48B A$17.69B A$19.34B 2022202320242025
Share buybacks (A$)
2022202320242025
Return on assets (%)
0.00% 0.20% 0.90% 0.40% 2022202320242025
Free cash flow margin (%)
2022202320242025
Debt / equity (×)
1.22× 1.48× 1.79× 2.30× 2022202320242025
EPS (A$)
A$0.01 A$0.02 A$0.11 A$0.04 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Transurban Group trades at about 324.7× earnings — below its 10-year norm (10-year range 122.7×–2267.2×, median 682.9×).

122.7× 2267.2×

Shaded band = 10-year range (122.7×–2267.2×); dot = today's 324.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin68.0%66.4%63.1%63.2%
Operating margin24.8%27.5%24.0%17.2%
Net margin3.5%7.9%1.5%0.6%
Return on assets0.4%0.9%0.2%0.0%
Return on equity1.5%3.0%0.5%0.1%
Debt / equity2.10×1.66×1.45×1.15×
Current ratio0.590.760.770.69

Computed from company filings · AU · as of 2025-06-30. Figures in AUD. Facts plus Stocktoria's own computed scores — not investment advice.