Transurban (TCL) Stock Price, Fundamentals & Analysis

What TCL does

Transurban (TCL) is a toll-road operator listed on the ASX that develops, operates, and maintains toll roads in Australia and North America. It runs 22 toll roads across Melbourne, Sydney, Brisbane, and the Greater Washington area in the United States. The company was founded in 1996 and is headquartered in Docklands, Australia. In the broader Industrials sector, it is grouped with peers such as Downer Group (DOW), Ventia Services Group (VNT), Brambles (BXB), Monadelphous Group (MND), Auckland International Airport Limited (AIA), Aurizon (AZJ), and Cleanaway (CWY).

Key numbers explained

• 13 AUD is the current share price, the amount you would pay for one share on the ASX.
• The trailing P/E ratio of 108.3 divides the current price by the last 12 months' earnings per share (0.12 AUD), showing how much investors are paying for each dollar of recent earnings.
• The forward P/E ratio of 69.3 uses expected future earnings instead of past earnings, which can be lower if the market expects growth.
• The dividend yield of 5.38% tells you the annual dividend as a percentage of the current share price.
• The ex-dividend date of Jun 29, 2026 is the cutoff: you must own the stock before this date to receive the next dividend.
• A share of earnings paid out as dividends of 590% means the company is paying out more in dividends than it earns, often funded by cash flow or borrowings.
• The beta of 0.51 suggests the stock tends to move less than the overall market, often seen as a sign of lower volatility.
• The 52-week range of 12.92 – 15.62 shows the lowest and highest prices over the past year, with the current price near the lower end.

What to watch

Toll-road stocks like Transurban are typically sensitive to traffic volumes, which can be affected by economic conditions, fuel prices, and commuting patterns. Regulatory changes in toll pricing or concession terms can also influence results. The company's international exposure, including operations in the Greater Washington area, means it can be affected by currency movements and regional economic conditions. Earnings releases and updates around the next earnings date of Aug 13, 2026 are key moments for reviewing performance.