Transurban Group

ASX:TCL Stock Report

Market Cap: AU$46.4b

Transurban Group Future Growth

Future criteria checks 3/6

Transurban Group is forecast to grow earnings and revenue by 28.6% and 2.6% per annum respectively. EPS is expected to grow by 26.5% per annum. Return on equity is forecast to be 16.7% in 3 years.

Key information

28.6%

Earnings growth rate

26.47%

EPS growth rate

Infrastructure earnings growth26.4%
Revenue growth rate2.6%
Future return on equity16.73%
Analyst coverage

Good

Last updated12 Oct 2025

Recent future growth updates

Recent updates

Transurban Group's (ASX:TCL) Shares May Have Run Too Fast Too Soon

Oct 04
Transurban Group's (ASX:TCL) Shares May Have Run Too Fast Too Soon

Transurban Group (ASX:TCL) Takes On Some Risk With Its Use Of Debt

Sep 12
Transurban Group (ASX:TCL) Takes On Some Risk With Its Use Of Debt

Transurban Group's (ASX:TCL) Price Is Out Of Tune With Revenues

Jun 30
Transurban Group's (ASX:TCL) Price Is Out Of Tune With Revenues

Calculating The Fair Value Of Transurban Group (ASX:TCL)

Jun 12
Calculating The Fair Value Of Transurban Group (ASX:TCL)

Here's Why Transurban Group (ASX:TCL) Has A Meaningful Debt Burden

May 24
Here's Why Transurban Group (ASX:TCL) Has A Meaningful Debt Burden

Calculating The Fair Value Of Transurban Group (ASX:TCL)

Mar 10
Calculating The Fair Value Of Transurban Group (ASX:TCL)
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AI Technology And North American Expansion Will Shape Future Prospects

Strategic positioning in growth areas and infrastructure innovation could drive long-term revenue increases and operational efficiencies for Transurban.

Is Transurban Group (ASX:TCL) A Risky Investment?

Feb 21
Is Transurban Group (ASX:TCL) A Risky Investment?

Transurban Group (ASX:TCL) Has Announced That It Will Be Increasing Its Dividend To A$0.32

Dec 15
Transurban Group (ASX:TCL) Has Announced That It Will Be Increasing Its Dividend To A$0.32

Does This Valuation Of Transurban Group (ASX:TCL) Imply Investors Are Overpaying?

Dec 09
Does This Valuation Of Transurban Group (ASX:TCL) Imply Investors Are Overpaying?

Earnings and Revenue Growth Forecasts

ASX:TCL - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20284,0828592,7552,6407
6/30/20274,1117232,5392,4549
6/30/20264,0555692,3632,5009
6/30/20253,7701336081,515N/A
3/31/20253,7991045691,549N/A
12/31/20243,827755291,583N/A
9/30/20243,9732015221,607N/A
6/30/20244,1193265151,631N/A
3/31/20244,1852773951,572N/A
12/31/20234,2502272751,513N/A
9/30/20234,2041462801,486N/A
6/30/20234,157642841,459N/A
3/31/20234,1471144331,409N/A
12/31/20224,1371635811,359N/A
9/30/20223,772914751,171N/A
6/30/20223,40619369982N/A
3/31/20223,085-29191915N/A
12/31/20212,764-7713848N/A
9/30/20212,825-166-69871N/A
6/30/20212,886-256-152893N/A
3/31/20212,829-346-275879N/A
12/31/20202,771-437-398864N/A
9/30/20202,970-247-418998N/A
6/30/20203,169-58-4381,131N/A
3/31/20203,52141-4841,227N/A
12/31/20193,873139-5301,323N/A
9/30/20194,020155-6031,260N/A
6/30/20194,166171-6771,197N/A
3/31/20193,977224N/A1,158N/A
12/31/20183,788276N/A1,119N/A
9/30/20183,543381N/A1,086N/A
6/30/20183,298485N/A1,053N/A
3/31/20183,160476N/A1,042N/A
12/31/20173,022467N/A1,031N/A
9/30/20172,877353N/A934N/A
6/30/20172,732239N/A837N/A
3/31/20172,610184N/A805N/A
12/31/20162,488128N/A772N/A
9/30/20162,349114N/A841N/A
6/30/20162,21099N/A910N/A
3/31/20162,08192N/A836N/A
12/31/20151,95284N/A761N/A
9/30/20151,906-49N/A533N/A
6/30/20151,860-182N/A304N/A
12/31/20141,5428N/A267N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCL's forecast earnings growth (28.6% per year) is above the savings rate (3.3%).

Earnings vs Market: TCL's earnings (28.6% per year) are forecast to grow faster than the Australian market (12% per year).

High Growth Earnings: TCL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TCL's revenue (2.6% per year) is forecast to grow slower than the Australian market (5.8% per year).

High Growth Revenue: TCL's revenue (2.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TCL's Return on Equity is forecast to be low in 3 years time (16.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/14 02:04
End of Day Share Price 2025/11/14 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Transurban Group is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew RyanBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited
Shaurya VisenBofA Global Research