Transurban Group (ASX:TCL) FCF Margin %: 31.87% (As of Dec. 2025) — 608% Above Median


ASX:TCL Transurban Group ASX:TCL
75 GF Score
Price A$15.17
GF Value A$13.47
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Transurban Group FCF Margin %?

Transurban Group ASX:TCL +0.07% 75 FCF Margin % is 31.87% as of Dec. 2025, which is 608% above its 10-year median of 4.50. GuruFocus rates ASX:TCL with a GF Score™ of 75/100 and a GF Value™ of A$13.47 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,770 Construction companies, Transurban Group ranks better than 93.33% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Transurban Group's Free Cash Flow for the six months ended in Dec. 2025 was A$632 Mil. Transurban Group's Revenue for the six months ended in Dec. 2025 was A$1,983 Mil. Therefore, Transurban Group's FCF Margin % for the quarter that ended in Dec. 2025 was 31.87%.

As of today, Transurban Group's current FCF Yield % is 2.14%.

The historical rank and industry rank for Transurban Group's FCF Margin % or its related term are showing as below:

ASX:TCL' s FCF Margin % Range Over the Past 10 Years
Min: -16.25   Med: 4.5   Max: 25.87
Current: 25.87


During the past 13 years, the highest FCF Margin % of Transurban Group was 25.87%. The lowest was -16.25%. And the median was 4.50%.

ASX:TCL's FCF Margin % is ranked better than
93.33% of 1770 companies
in the Construction industry
Industry Median: 2.61 vs ASX:TCL: 25.87


Transurban Group FCF Margin % Related Terms


Transurban Group FCF Margin % Historical Data

* Premium members only.

The historical data trend for Transurban Group's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Transurban Group FCF Margin % Chart

Transurban Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.27 10.83 6.83 12.50 16.13

Transurban Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.98 15.20 12.33 19.72 31.87

Transurban Group FCF Margin % Competitor Comparison

For the Infrastructure Operations subindustry, Transurban Group's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Transurban Group FCF Margin % vs Construction Industry

For the Construction industry and Industrials sector, Transurban Group's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Transurban Group's FCF Margin % falls into.


ASX:TCL
75GF Score
Transurban Group ASX:TCL
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transurban Group FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Transurban Group's FCF Margin for the fiscal year that ended in Jun. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=608/3770
=16.13 %

Transurban Group's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=632/1983
=31.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 31.87% mean?
Transurban Group (ASX:TCL) has a FCF Margin % of 31.87% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Transurban Group and its competitors. This is 608% above median its historical median of 4.50. According to the industry distribution chart, Transurban Group ranks #118 out of 1770 companies in the Construction industry, placing it in the top 6.7%.
Is Transurban Group's FCF Margin % too high?
Transurban Group's current FCF Margin % of 31.87% is 608% above median its 10-year median of 4.50. The Construction industry median FCF Margin % is 2.61. Transurban Group's value of 31.87% is 1121.1% above this industry median. Based on the distribution chart, Transurban Group ranks #118 out of 1770 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Transurban Group has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transurban Group's FCF Margin % compare to competitors?
According to the Construction industry distribution chart, Transurban Group ranks #118 out of 1770 companies for FCF Margin %. This places Transurban Group in the top 7% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.61. Transurban Group's value of 31.87% is 1121.1% above this benchmark. While the company's 10-year median is 4.50 vs. the industry median of 2.61, Transurban Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Construction company?
The median FCF Margin % among Construction companies is 2.61, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transurban Group's current FCF Margin % of 31.87% is 1121.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Transurban Group and its competitors. For the Construction industry, the median FCF Margin % is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transurban Group's current FCF Margin % is 31.87%, which is 608% above median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transurban Group stock overvalued right now?
Based on GuruFocus' analysis, Transurban Group (ASX:TCL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$13.47, compared to a current price of A$15.17 — trading 12.6% above its estimated fair value. The current FCF Margin % is 31.87%, which is 608% above median its 10-year median of 4.50 and 1121.1% above the Construction industry median of 2.61. Transurban Group's overall GF Score™ is 75/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Transurban Group (ASX:TCL), the current FCF Margin % is 31.87% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Transurban Group (ASX:TCL) Overvalued in 2026?

Based on GuruFocus' analysis, Transurban Group stock appears to be overvalued. The current stock price of A$15.17 is trading 12.6% above its estimated GF Value™ of A$13.47. GuruFocus considers Transurban Group to be Modestly Overvalued.

Key valuation signals for ASX:TCL:

  • FCF Margin %: 31.87% (608% above median its 10-year median of 4.50)
  • GF Value™: A$13.47 vs. price of A$15.17 (12.6% above fair value)
  • GF Score™: 75/100 with 11 warning signs
  • Industry Position: 1121.1% above the Construction median (#118 of 1770)

No single metric tells the full story. See the ASX:TCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transurban Group Business Description

Other Exchanges TRAUF:USATU9:Germany
Address 727 Collins Street, Level 31, Tower 5, Collins Square, Docklands, VIC, AUS, 3008
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA, and Montreal, Canada. The weighted average concession life across the portfolio is about 25 years. Australian assets contribute around 90% of proportional revenue.
75GF Score

Get the complete analysis for ASX:TCL

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$15.17
Price
A$13.47
GF Value