Stocktoria

Transurban Group TCL.AX

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

Transurban Group statistics & valuation

Market capA$40.2B
P / E109.7×
P / S10.3×
P / B5.2×
Dividend yield5.59%
Net margin9.4%
Return on equity4.7%
Net debtA$18.6B
Enterprise value USD$41.5B
Earnings yield EBIT/EV2%
Return on capital3.9%
Graham number -80.3%A$2.55

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$2.55); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.50% 7.90% 3.50% 9.40% 2023202420252026
Gross margin (%)
63.10% 66.40% 68.00% 73.40% 2023202420252026
Operating margin (%)
24.00% 27.50% 24.80% 30.00% 2023202420252026
Return on equity (%)
0.50% 3.00% 1.50% 4.70% 2023202420252026
Shares outstanding
3.12B 3.12B 3.12B 3.12B 2023202420252026
Net debt (A$)
A$16.48B A$17.69B A$19.34B A$18.58B 2023202420252026
Share buybacks (A$)
2023202420252026
Return on assets (%)
0.20% 0.90% 0.40% 1.10% 2023202420252026
Free cash flow margin (%)
2023202420252026
Debt / equity (×)
1.48× 1.79× 2.30× 2.67× 2023202420252026
EPS (A$)
A$0.02 A$0.11 A$0.04 A$0.12 2023202420252026

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 110.9× earnings — below its 10-year norm (10-year range 122.7×–682.9×, median 321.4×).

110.9× 682.9×

Shaded band = 10-year range (122.7×–682.9×); dot = today's 110.9×.

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)

RatioFY2026FY2025FY2024FY2023
Gross margin73.4%68.0%66.4%63.1%
Operating margin30.0%24.8%27.5%24.0%
Net margin9.4%3.5%7.9%1.5%
Return on assets1.1%0.4%0.9%0.2%
Return on equity4.7%1.5%3.0%0.5%
Debt / equity2.51×2.10×1.66×1.45×
Current ratio0.770.590.760.77

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