Transurban Group (TCL.AX) Stock Price

Transurban Group Price

ASX·CLOSED
14.73AUD+0.03 (+0.20 %)
Market closed

Over the last 19 years Transurban Group grew revenue by 9.3% annually, reaching 3.77 B AUD. Earnings per share have declined at 0.2% per year over the last 15 years. For Transurban Group, the net margin of 3.5% is down versus 114.4% a few years ago. At today's price the dividend yield works out to roughly 4.55%. The dividend has grown at 1.3% per year over the past 19 years. The consensus 12-month price target for Transurban Group is 14.33 AUD, about 2.7% below where the stock trades today. Of 17 analysts, 4 rate the stock a buy — an overall Hold consensus. The stock trades about 10% above its 52-week low.

Transurban Group stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Transurban Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Transurban Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Transurban Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Transurban Group Stock Price History
DateTransurban Group Price
8/5/202614.70 AUD
8/4/202614.90 AUD
8/3/202614.75 AUD
7/31/202614.81 AUD
7/30/202614.80 AUD
7/29/202614.88 AUD
7/28/202614.72 AUD
7/27/202614.51 AUD
7/24/202614.53 AUD
7/23/202614.62 AUD
7/22/202614.60 AUD
7/21/202614.60 AUD
7/20/202614.77 AUD
7/17/202614.69 AUD
7/16/202614.47 AUD
7/15/202614.35 AUD
7/14/202614.64 AUD
7/13/202614.74 AUD
7/10/202614.60 AUD
7/9/202614.69 AUD
7/8/202614.66 AUD
7/7/202614.66 AUD
7/6/202614.53 AUD
7/3/202614.51 AUD
7/2/202614.32 AUD
7/1/202614.32 AUD
6/30/202614.89 AUD
6/29/202614.69 AUD
6/26/202615.34 AUD
6/25/202615.24 AUD
6/24/202615.21 AUD
6/23/202615.19 AUD
6/22/202615.12 AUD
6/19/202615.02 AUD
6/18/202614.98 AUD
6/17/202614.77 AUD
6/16/202614.96 AUD
6/15/202615.40 AUD
6/12/202615.52 AUD
6/11/202615.49 AUD
6/10/202615.54 AUD
6/9/202615.13 AUD
6/5/202615.00 AUD
6/4/202614.98 AUD
6/3/202614.98 AUD
6/2/202614.76 AUD
6/1/202614.69 AUD
5/29/202614.74 AUD
5/28/202614.31 AUD
5/27/202614.57 AUD
5/26/202614.59 AUD
5/25/202614.49 AUD
5/22/202614.49 AUD
5/21/202614.41 AUD
5/20/202614.30 AUD
5/19/202614.47 AUD
5/18/202614.48 AUD
5/15/202614.60 AUD
5/14/202614.60 AUD
5/13/202614.45 AUD
5/12/202614.55 AUD
5/11/202614.48 AUD
5/8/202614.42 AUD
5/7/202614.45 AUD
5/6/202614.44 AUD
5/5/202614.29 AUD
5/4/202614.16 AUD
5/1/202614.06 AUD
4/30/202614.00 AUD
4/29/202613.81 AUD
4/28/202613.86 AUD
4/27/202613.93 AUD
4/24/202613.90 AUD
4/23/202613.85 AUD
4/22/202613.83 AUD
4/21/202613.81 AUD
4/20/202613.73 AUD
4/17/202613.56 AUD
4/16/202613.37 AUD
4/15/202613.54 AUD
4/14/202613.50 AUD
4/13/202613.63 AUD
4/10/202613.67 AUD
4/9/202613.93 AUD
4/8/202613.90 AUD
4/7/202613.69 AUD
4/2/202613.92 AUD
4/1/202613.82 AUD
3/31/202614.03 AUD
3/30/202614.08 AUD
3/27/202614.03 AUD
3/26/202613.97 AUD
3/25/202613.92 AUD
3/24/202613.81 AUD
3/23/202613.69 AUD
3/20/202613.75 AUD
3/19/202613.91 AUD
3/18/202614.29 AUD
3/17/202614.38 AUD
3/16/202614.30 AUD
3/13/202614.22 AUD
3/12/202614.17 AUD
3/11/202614.34 AUD
3/10/202614.10 AUD
3/9/202614.01 AUD
3/6/202614.20 AUD
3/5/202614.17 AUD
2/26/202614.17 AUD
2/25/202614.12 AUD
2/24/202614.37 AUD
2/23/202614.39 AUD
2/20/202614.31 AUD
2/19/202613.88 AUD
2/18/202614.23 AUD
2/17/202614.07 AUD
2/16/202614.07 AUD
2/13/202614.07 AUD
2/12/202613.82 AUD
2/11/202613.89 AUD
2/10/202613.70 AUD
2/9/202613.81 AUD
2/6/202613.64 AUD
2/5/202613.98 AUD
2/4/202613.86 AUD
2/3/202613.85 AUD
2/2/202613.87 AUD
1/30/202613.84 AUD
1/29/202613.85 AUD
1/28/202613.78 AUD
1/27/202613.81 AUD
1/23/202613.81 AUD
1/21/202613.76 AUD
1/20/202613.89 AUD
1/19/202613.77 AUD
1/16/202613.81 AUD
1/14/202613.99 AUD
1/13/202613.94 AUD
1/12/202613.98 AUD
1/9/202613.95 AUD
1/8/202613.98 AUD
1/7/202613.78 AUD
1/6/202613.70 AUD
1/5/202614.08 AUD
1/2/202614.19 AUD
12/31/202514.14 AUD
12/30/202514.14 AUD
12/29/202514.41 AUD
12/24/202514.47 AUD
12/23/202514.55 AUD
12/22/202514.43 AUD
12/19/202514.37 AUD
12/18/202514.38 AUD
12/17/202514.43 AUD
12/16/202514.51 AUD
12/15/202514.41 AUD
12/12/202514.61 AUD
12/11/202514.59 AUD
12/10/202514.67 AUD
12/9/202514.87 AUD
12/8/202514.94 AUD
12/5/202514.98 AUD
12/4/202515.12 AUD
12/3/202514.98 AUD
12/2/202514.94 AUD
12/1/202514.99 AUD
11/28/202514.96 AUD
11/27/202515.01 AUD
11/26/202515.09 AUD
11/25/202515.17 AUD
11/24/202515.12 AUD
11/21/202514.80 AUD
11/20/202515.07 AUD
11/19/202515.04 AUD
11/18/202514.87 AUD
11/17/202514.90 AUD
11/14/202514.88 AUD
11/13/202514.98 AUD
11/12/202515.18 AUD
11/11/202515.10 AUD
11/10/202515.01 AUD
11/7/202514.83 AUD
11/6/202514.68 AUD
11/5/202514.57 AUD
11/4/202514.46 AUD
11/3/202514.44 AUD
10/31/202514.48 AUD
10/30/202514.41 AUD
10/29/202514.76 AUD
10/28/202515.03 AUD
10/27/202514.84 AUD
10/24/202515.04 AUD
10/23/202514.95 AUD
10/22/202514.95 AUD
10/21/202514.94 AUD
10/20/202514.85 AUD
10/17/202514.76 AUD
10/15/202514.40 AUD
10/14/202514.32 AUD
10/13/202514.32 AUD
10/10/202514.12 AUD
10/9/202514.05 AUD
10/8/202514.09 AUD
10/7/202514.13 AUD
10/6/202514.06 AUD
10/3/202513.96 AUD
10/2/202514.01 AUD
10/1/202513.83 AUD
9/30/202513.75 AUD
9/29/202513.74 AUD
9/26/202513.73 AUD
9/25/202513.82 AUD
9/24/202513.86 AUD
9/23/202514.09 AUD
9/22/202514.04 AUD
9/19/202514.07 AUD
9/17/202514.46 AUD
9/16/202514.46 AUD
9/15/202514.51 AUD
9/12/202514.49 AUD
9/11/202514.33 AUD
9/10/202514.34 AUD
9/9/202514.17 AUD
9/8/202514.32 AUD
9/5/202514.36 AUD
9/4/202514.41 AUD
9/3/202514.23 AUD
9/2/202514.47 AUD
9/1/202514.67 AUD
8/29/202514.59 AUD
8/28/202514.74 AUD
8/27/202514.62 AUD
8/26/202514.74 AUD
8/25/202514.90 AUD
8/22/202514.82 AUD
8/21/202514.76 AUD
8/20/202514.30 AUD
8/19/202514.00 AUD
8/18/202514.01 AUD
8/15/202514.03 AUD
8/14/202513.98 AUD
8/13/202514.00 AUD
8/12/202513.80 AUD
8/11/202513.82 AUD
8/8/202513.82 AUD
8/7/202513.76 AUD
8/6/202513.88 AUD
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Transurban Group Revenue, EBIT, Net Income

  • 3 Years

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
4.16 B AUD
999.00 M AUD
64.00 M AUD
Jan 1, 2024
4.12 B AUD
1.13 B AUD
326.00 M AUD
Jan 1, 2025
3.77 B AUD
934.00 M AUD
133.00 M AUD
Jan 1, 2026 (e)
4.01 B AUD
1.76 B AUD
592.09 M AUD
Jan 1, 2027 (e)
4.12 B AUD
1.81 B AUD
632.38 M AUD
Jan 1, 2028 (e)
4.24 B AUD
1.86 B AUD
687.85 M AUD
Jan 1, 2029 (e)
4.80 B AUD
2.10 B AUD
948.71 M AUD
Jan 1, 2030 (e)
4.92 B AUD
2.16 B AUD
900.16 M AUD

Transurban Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 4:19 AM
 
REVENUEB AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB AUD
EBITB AUD
EBIT MARGIN%
NET INCOMEB AUD
NET INCOME GROWTH%
DIV.AUD
DIV. GROWTH%
SHARESB
20162017201820192020202120222023202420252026e2027e2028e2029e2030e2031e
2.212.733.304.173.172.893.414.164.123.774.014.124.244.804.925.13
18.8223.6220.7226.32-23.93-8.9318.0222.05-0.91-8.476.292.852.9613.012.674.18
73.2666.0760.1356.6065.7972.0063.1863.1066.3868.0468.0468.0468.0468.0468.0468.04
1.621.811.982.362.092.082.152.622.732.572.732.802.893.263.353.49
0.800.901.001.030.600.560.591.001.130.931.761.811.862.102.16–
35.9733.0530.2924.6319.0319.2717.2324.0327.4824.7743.8743.8743.8843.8843.88–
0.100.240.490.17-0.113.300.020.060.330.130.590.630.690.950.901.07
-154.40141.41102.93-64.74-164.91-3,075.68-99.42236.84409.38-59.20345.116.768.7037.99-5.0618.78
0.510.570.590.630.310.370.530.620.640.670.680.720.77–––
10.8711.763.516.78-50.7919.3543.2416.983.234.691.495.886.94–––
2.042.112.212.622.772.782.993.083.093.103.103.103.103.103.103.10
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Transurban Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Transurban Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Transurban Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Transurban Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Transurban Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Transurban Group stock margins

The Transurban Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Transurban Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Transurban Group.

  • 3 Years

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
72.00 %
19.27 %
114.45 %
Jan 1, 2022
63.18 %
17.23 %
0.56 %
Jan 1, 2023
63.10 %
24.03 %
1.54 %
Jan 1, 2024
66.38 %
27.48 %
7.91 %
Jan 1, 2025
68.04 %
24.77 %
3.53 %
Jan 1, 2026 (e)
68.04 %
43.88 %
14.77 %
Jan 1, 2027 (e)
68.04 %
43.88 %
15.35 %
Jan 1, 2028 (e)
68.04 %
43.88 %
16.21 %

Transurban Group Stock Revenue, EBIT, Earnings per Share

The Transurban Group earnings per share therefore indicates how much revenue Transurban Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
1.04 AUD
0.20 AUD
1.19 AUD
Jan 1, 2022
1.14 AUD
0.20 AUD
0.01 AUD
Jan 1, 2023
1.35 AUD
0.32 AUD
0.02 AUD
Jan 1, 2024
1.33 AUD
0.37 AUD
0.11 AUD
Jan 1, 2025
1.21 AUD
0.30 AUD
0.04 AUD
Jan 1, 2026 (e)
1.29 AUD
0.57 AUD
0.19 AUD
Jan 1, 2027 (e)
1.33 AUD
0.58 AUD
0.20 AUD
Jan 1, 2028 (e)
1.37 AUD
0.60 AUD
0.22 AUD

Transurban Group business model & stock analysis

The Transurban Group is an Australian company specializing in the development, financing, operation, and maintenance of road and tunnel projects. The company was founded in 1996 and is headquartered in Melbourne. The company's history began with the acquisition of CityLink, a toll road in Melbourne. In the following years, the company expanded its portfolio by acquiring additional highways and tunnels. Today, Transurban operates groups of highways in Melbourne, Sydney, Brisbane, Virginia, North Carolina, USA, and Canada. Transurban's business model is based on operating high-level road and tunnel networks that enable more convenient and faster traffic. By collecting toll fees, they finance infrastructure and generate profits by increasing traffic flow on roads and in tunnels. The company's various divisions are divided into four main areas: operations and maintenance, projects and development, sales and marketing, and corporate services. Products offered by Transurban include toll fee systems that allow for the collection of vehicle positions and times to ensure billing based on distance traveled. In addition, the company provides services in the areas of engineering, construction and contract management, and asset management. In recent years, Transurban has played an active role in promoting sustainability by developing projects for renewable energy, energy-efficient lighting, and green roads. The company is committed to ensuring that all new projects meet the highest standards of environmental protection and sustainability. Overall, since its inception, the Transurban Group has had a strong impact on infrastructure development and transportation in Australia and abroad. It is a company that is constantly striving to use innovative solutions and technologies to improve the travel experience for users around the world. Output: Transurban Group is an Australian company specializing in road and tunnel projects. It operates highways in Melbourne, Sydney, Brisbane, Virginia, North Carolina, USA, and Canada. The company's business model revolves around toll fees and improving road and tunnel networks. It offers toll fee systems, engineering services, and promotes sustainability.

Transurban Group SWOT Analysis

Strengths

Transurban Group is one of the leading toll road operators globally, with an extensive network of roads in Australia and North America. The company's strong brand recognition and experience in managing major infrastructure projects give it a competitive advantage in the industry.

Furthermore, Transurban Group has a diversified portfolio of assets, which provides it with stable cash flows and reduces the risk associated with relying on a single project or region. The company also benefits from long-term concession agreements, offering a predictable revenue stream.

Weaknesses

One of the weaknesses of Transurban Group is its exposure to regulatory risks. Changes in government policies or regulations related to toll road pricing or competition could impact the company's profitability and growth prospects.

Additionally, Transurban Group's heavy reliance on debt financing for its infrastructure projects exposes it to interest rate risk. A significant increase in interest rates could result in higher borrowing costs and negatively impact the company's financial position.

Opportunities

Transurban Group has significant opportunities for growth, especially in expanding its toll road network in existing and new markets. The increasing urbanization, population growth, and demand for efficient transportation infrastructure present favorable conditions for the company to invest in new projects.

Moreover, the growing importance of sustainability and environmental concerns opens up opportunities for Transurban Group to invest in renewable energy and emission-reducing technologies. By incorporating these initiatives into its operations, the company can enhance its reputation and attract environmentally conscious customers.

Threats

One of the significant threats for Transurban Group is the potential competition from alternative transportation modes, such as ride-sharing services and public transportation, which could reduce the demand for toll roads.

Furthermore, economic downturns or recessions may impact the company's revenue as consumers may reduce their discretionary spending on toll roads. Additionally, unforeseen events like natural disasters or disruptions in the transportation sector can pose risks to Transurban Group's operations and financial performance.

Transurban Group Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Transurban Group historical P/E ratio, EBIT multiple, and P/S ratio

Transurban Group annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Transurban Group shares outstanding

The number of shares of Transurban Group was 3.1 B in 2025. This indicates how many shares Transurban Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
2.78 B Stocks
Jan 1, 2022
2.99 B Stocks
Jan 1, 2023
3.08 B Stocks
Jan 1, 2024
3.09 B Stocks
Jan 1, 2025
3.10 B Stocks
Jan 1, 2026 (e)
3.10 B Stocks
Jan 1, 2027 (e)
3.10 B Stocks
Jan 1, 2028 (e)
3.10 B Stocks

Transurban Group stock splits

In Transurban Group's history, there have been no stock splits.

Transurban Group Dividend History

28 years of dividend payments · 5 consecutive increases

YearAnnual DividendYoY ChangePayments
20250.67AUD↑ 4.6%2×
Jun 27, 20250.33AUD↑ 3.1%1/2
Dec 30, 20250.34AUD↑ 3.0%2/2
20240.64AUD↑ 3.3%2×
20230.62AUD↑ 16.0%2×
20220.53AUD↑ 44.3%2×
20210.37AUD↑ 19.4%2×
20200.31AUD↓ 50.6%2×
20190.63AUD↑ 7.2%2×
20180.59AUD↑ 2.5%2×
20170.57AUD↑ 11.9%2×
20160.51AUD↑ 10.9%2×

Transurban Group dividend history and estimates

In 2025, Transurban Group paid a dividend amounting to 0.67 AUD. Dividend means that Transurban Group distributes a portion of its profits to its owners.

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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.37 AUD
0.00 AUD
Jan 1, 2022
0.53 AUD
0.00 AUD
Jan 1, 2023
0.62 AUD
0.00 AUD
Jan 1, 2024
0.64 AUD
0.00 AUD
Jan 1, 2025
0.67 AUD
0.00 AUD
Jan 1, 2026 (e)
0.34 AUD
0.34 AUD
Jan 1, 2027 (e)
0.00 AUD
0.72 AUD
Jan 1, 2028 (e)
0.00 AUD
0.77 AUD

Transurban Group dividend payout ratio

In 2025, Transurban Group had a payout ratio of 1,561.94%. The payout ratio indicates the percentage of the company's profits that Transurban Group distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
31.22 %
Jan 1, 2022
8,348.51 %
Jan 1, 2023
2,979.77 %
Jan 1, 2024
606.93 %
Jan 1, 2025
1,561.94 %
Jan 1, 2026 (e)
356.49 %
Jan 1, 2027 (e)
355.45 %
Jan 1, 2028 (e)
348.01 %

Current Transurban Group forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.06 %
Buy
23.53 % (4)
Hold
76.47 % (13)
Sell
0.00 % (0)
12M Price Target
14.33
Last Price
14.73
Currency
AUD
12M Return Potential
-2.71 %
LTM Return
0 %

Transurban Group Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/5/20240.05AUD-1.88 BAUD-2024 Q2

EESG©

Eulerpool ESG Scorecard© for the Transurban Group stock

88/100
99
Environment
94
Social
72
Governance
E

Environment

20
Scope 1 - Direct Emissions5,910
Scope 2 - Indirect emissions from purchased energy184,066
Scope 3 - Indirect emissions within the value chain370,826
Total CO₂ emissions189,976
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees44.1
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Transurban Group shareholder structure

% Name
2.67004%
Vanguard Investments Australia Ltd.
Vanguard Investments Australia Ltd.
1.68952%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.78154%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.52989%
First Sentier Investors
First Sentier Investors
0.52243%
RREEF America L.L.C.
RREEF America L.L.C.
0.49929%
Lazard Asset Management, L.L.C.
Lazard Asset Management, L.L.C.
...

Transurban Group Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.8%
Float Shares
-
Shares Outstanding
-

Transurban Group Executives and Management Board

16 members · avg. age 60 · 44 % women

MJ

Ms. Michelle Jablko (51)

Chief Executive Officer, Managing Director, Director · since 2021

3.91 M AUD

Management

HB

Mr. Henry Byrne

Chief Financial Officer

2.16 M AUD
SM

Mr. Simon Moorfield

Group Executive - Customer and Technology

1.95 M AUD
NG

Ms. Nicole Green

Group Executive - Australian Markets

127,705.00 AUD
BM

Mr. Beau Memory

President of North America

–
SC

Ms. Suzette Corr

Group Executive - People and Culture

–
FL

Ms. Fiona Last

Company Secretary

–

Board of Directors

CD

Mr. Craig Drummond

Independent Non-Executive Chairman of the Board

660,000.00 AUD
RW

Mr. Robert Whitfield (59)

Independent Non-Executive Director

306,402.00 AUD
PC

Ms. Patricia Cross (65)

Independent Non-Executive Director

267,019.00 AUD
MB

Mr. Mark Birrell (66)

Independent Non-Executive Director

252,000.00 AUD
PS

Mr. Peter Scott (70)

Independent Non-Executive Director

252,000.00 AUD
MG

Ms. Marina Go (58)

Independent Non-Executive Director

249,000.00 AUD

Transurban Group Supply Chain

Transurban Group Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
3 companies
#NameTrend
1
Euronet Worldwide
Supplier·IT Services·US
-0.82
-0.46
0.30
-0.21
0.25
-0.21
2
CIMIC Group
Supplier·Construction & Engineering·AU
-0.11
-0.11
0.28
0.10
0.24
0.19
3
Paragon ID
Supplier·Electronic Equipment, Instruments & Components·FR
0.03
-0.72
-0.11
0.13
0.25
0.23

Frequently asked questions about Transurban Group

The business model of Transurban Group revolves around developing and operating toll road networks across Australia and North America. Transurban Group generates revenue by charging tolls to vehicles using their roads, ensuring a steady stream of income. With a focus on enhancing urban mobility and connectivity, the company invests in infrastructure projects, including road expansions, bridges, and tunnels. By implementing advanced technologies and collaborating with governments and authorities, Transurban Group aims to provide efficient and reliable transportation solutions to commuters and businesses. Transurban Group's business model prioritizes sustainability, innovation, and customer satisfaction while contributing to the overall development of transportation infrastructure.

Primary industries in which Transurban Group is active include toll road development, operation, and management. Transurban is a leading international toll road developer and operator, specializing in major urban road networks. With a focus on delivering reliable and efficient transportation solutions, Transurban builds and manages toll roads in Australia and North America. The company's portfolio includes significant operations in Melbourne, Sydney, Brisbane, and Greater Washington, D.C. Transurban Group plays a pivotal role in shaping and maintaining critical transport infrastructure, contributing to urban mobility, connectivity, and sustainable development.

The main competitors of Transurban Group in the market include companies such as Macquarie Atlas Roads, Atlas Arteria, and Abertis Infraestructuras.

Transurban Group, founded in 1996, is an Australian company specializing in toll road development and management. It operates a vast network of roads, including CityLink in Melbourne, Hills M2 in Sydney, and 407 ETR in Toronto, Canada. Transurban's history is marked by impressive growth and expansion, propelled by strategic acquisitions and successful project delivery. The company's commitment to innovation and customer service has positioned it as a leader in the industry. With a strong focus on sustainability, Transurban continually invests in improving road infrastructure and implementing innovative technology solutions. Today, Transurban Group is known for its expertise in managing complex networks and delivering long-term value for shareholders.

Transurban Group has achieved several significant milestones. The company's notable accomplishments include the acquisition of Lane Cove Tunnel and Military Road E-Ramp, which further expanded its toll road network. Transurban also successfully completed the CityLink Tulla Widening project, improving traffic flow and connectivity in Melbourne. In addition, the company introduced innovative initiatives like the use of electronic tags and launching the LinktGO mobile app for convenient toll payments. Transurban's focus on sustainability is evident through collaborations with renewable energy providers and investments in electric vehicle charging infrastructure. These achievements demonstrate Transurban Group's commitment to delivering efficient and sustainable transport solutions.

Transurban Group primarily operates in Australia and the United States. As a leading infrastructure company, Transurban is known for its involvement in designing, building, and operating toll roads and tunnels in these two countries. With its headquarters in Australia, Transurban manages an extensive portfolio of urban toll road networks in major cities like Melbourne, Sydney, and Brisbane. Additionally, the company has a significant presence in the United States, particularly in the Washington, D.C. metropolitan area. Transurban's focus on these key regions allows it to play a crucial role in enhancing transportation infrastructure and fostering economic growth in these locations.

Transurban Group represents a set of core values and corporate philosophy that define its operations. The company is committed to delivering safe, reliable, and efficient transportation solutions. Transurban focuses on enhancing urban mobility and improving community connectivity through its innovative road and transport infrastructure projects. Transurban prioritizes sustainability, incorporating environmental considerations in its projects and operations. The company actively engages with stakeholders, including customers and local communities, to ensure a collaborative approach to decision-making. With a strong emphasis on safety and customer satisfaction, Transurban aims to create value for its stakeholders while contributing to the overall development of the transportation sector.

Analysts currently set an average price target of 14.54 AUD for the Transurban Group stock (median: 14.33 AUD), implying -1.3 % versus the latest price. The consensus is based on 17 analyst ratings.

Transurban Group Analyst Price Targets 2026

18 analysts currently rate the Transurban Group stock: 4 recommend buying, 14 holding and 0 selling. For 2026, analysts expect Transurban Group to generate revenue of 4.01 B AUD and earnings per share of 0.19 AUD.

Transurban Group Analyst Price Targets 2026

Converted at the current exchange rate, the Transurban Group share trades at 9.00 EUR (14.73 AUD).

The Transurban Group share (TCL.AX) is listed on 7 stock exchanges, including: NYSE (TRAUF), Frankfurt (TU9), München (TU9.MU), Düsseldorf (TU9.DU), Hamburg (TU9.HM), SIX (Zürich) (TCL.SW), ASX (TCL.AX).

The Transurban Group operates toll roads and infrastructure in Australia and North America. They collect toll fees on their roads and bridges, maintain infrastructure facilities, provide traffic management services, and participate in large infrastructure projects. They operate toll roads in Melbourne, Sydney, and Brisbane in Australia, as well as in Virginia, Maryland, and Quebec in North America. Customers can pay toll fees electronically or by purchasing a day pass at a toll station. The company also offers traffic management services and is involved in infrastructure financing and development. Additionally, they provide parking services for customers using their toll roads. The Transurban Group has a diversified business model focused on toll road operations, traffic management, infrastructure financing and development, and parking services.

The expected revenue of Transurban Group is 4.01 B AUD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Transurban Group is 592.09 M AUD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Transurban Group is currently 77.22. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Transurban Group stock.

The price-to-sales ratio (P/S) of Transurban Group is currently 11.41. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Transurban Group stock.

The Eulerpool Quality Score for Transurban Group is 3/10.

The ISIN of Transurban Group is AU000000TCL6. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Transurban Group is 917177. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Transurban Group is TCL.AX. The ticker symbol is used to trade Transurban Group shares on the stock exchange.

Over the past 12 months, Transurban Group paid a dividend of 0.67 AUD . This corresponds to a dividend yield of about 4.55 %. For the coming 12 months, Transurban Group is expected to pay a dividend of 0.72 AUD.

The current dividend yield of Transurban Group is 4.55 %.

Transurban Group pays a dividend, distributed in the months of , , , .

Transurban Group paid dividends every year for the past 24 years.

For the upcoming 12 months, dividends amounting to 0.72 AUD are expected. This corresponds to a dividend yield of 4.91 %.

Transurban Group is assigned to the 'Industry' sector.

To receive the latest dividend of Transurban Group from amounting to 0.34 AUD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Transurban Group distributed 0.62 AUD as dividends.

The dividends of Transurban Group are distributed in AUD.

All fundamentals and in-depth analysis of Transurban Group

Our stock analysis for Transurban Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Transurban Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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