Transurban Group (ASX:TCL) Selling, General, & Admin. Expense: A$398 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:TCL Transurban Group ASX:TCL
75 GF Score
Price A$14.47
GF Value A$13.32
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Transurban Group Selling, General, & Admin. Expense?

Transurban Group ASX:TCL -0.14% 75 Selling, General, & Admin. Expense is A$398 Mil as of Dec. 2025. GuruFocus rates ASX:TCL with a GF Score™ of 75/100 and a GF Value™ of A$13.32 (Fairly Valued). The stock has 11 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Transurban Group's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$244 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$398 Mil.


Transurban Group  (ASX:TCL) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Transurban Group Selling, General, & Admin. Expense Related Terms


Transurban Group Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Transurban Group's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Transurban Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 280.00 315.00 347.00 386.00 413.00

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
Selling, General, & Admin. Expense 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 264.00 122.00 259.00 154.00 244.00

Transurban Group Selling, General, & Admin. Expense Competitor Comparison

For the Infrastructure Operations subindustry, Transurban Group's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, Transurban Group's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Transurban Group's Selling, General, & Admin. Expense falls into.


ASX:TCL
75GF Score
Transurban Group ASX:TCL
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transurban Group Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$398 Mil.

* 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.

What does a Selling, General, & Admin. Expense of A$398 Mil mean?
Transurban Group (ASX:TCL) has a Selling, General, & Admin. Expense of A$398 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Transurban Group and its competitors.
Is Transurban Group's Selling, General, & Admin. Expense too high?
Transurban Group's current Selling, General, & Admin. Expense is A$398 Mil. Overall, Transurban Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transurban Group's Selling, General, & Admin. Expense compare to competitors?
Transurban Group's Selling, General, & Admin. Expense of A$398 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Construction company?
A good Selling, General, & Admin. Expense depends on the Construction industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Transurban Group and its competitors. Transurban Group's current Selling, General, & Admin. Expense is A$398 Mil. 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 Fairly Valued. The stock's GF Value™ is A$13.32, compared to a current price of A$14.47 — trading 8.6% above its estimated fair value. The current Selling, General, & Admin. Expense is A$398 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Transurban Group (ASX:TCL), the current Selling, General, & Admin. Expense is A$398 Mil 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$14.47 is trading 8.6% above its estimated GF Value™ of A$13.32. GuruFocus considers Transurban Group to be Fairly Valued.

Key valuation signals for ASX:TCL:

  • Selling, General, & Admin. Expense: A$398 Mil
  • GF Value™: A$13.32 vs. price of A$14.47 (8.6% above fair value)
  • GF Score™: 75/100 with 11 warning signs

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

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$14.47
Price
A$13.32
GF Value