ASX:TCLInfrastructure
Transurban Group (ASX:TCL) Shares Trail Cash Growth As Debt Costs Climb
Transurban Group stock has drifted lower in recent weeks, with the share price down about 4% over the past month and closing at A$13.96 today. The latest earnings story is less about traffic volumes and more about the cost of carrying its toll road debt. On the surface the company posted solid operating metrics, including a 9.4% net profit margin, but a P/E of 119x paired with weak interest coverage keeps the balance sheet firmly in focus. For long term holders the key question is how that...

