About Transurban Group (TCL)
Transurban Group is a Infrastructure Operations company operating in the Industrials sector. The company is headquartered in Docklands, Australia. TCL has been publicly traded since 1996, giving it 30+ years of trading history.
Transurban Group (TCL) has been publicly traded since 1996, making it a 30-year-old public company. It operates in the Infrastructure Operations industry within the Industrials sector. The company is headquartered in Docklands, Australia and employs approximately 4,100 people. With a market capitalization of A$45 billion, TCL is a large established company.
TCL trades on the Australian Securities Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately A$45 billion. The company employs approximately 4,100 people worldwide.
Key Statistics
- Current Price
- A$14.27
- Market Cap
- A$44.53B
- 52-Week High
- A$15.25
- 52-Week Low
- A$12.61
- Sector
- Industrials
- Industry
- Infrastructure Operations
TCL Investment Performance
TCL has gained 0.4% year-to-date in 2026. Over the past 5 years, a A$1,000 investment in TCL would have grown to A$1,325, representing a 32.5% total return. Since its IPO in 1996, a A$1,000 investment would now be worth A$39,836.
A$1,000 Invested in Transurban Group (TCL)
How much would A$1,000 invested in TCL be worth today?
What would A$1,000 invested in TCL 1 year ago be worth today?
A A$1,000 investment in Transurban Group (TCL) in 2025 would be worth A$1,118 as of March 2026, representing a +11.8% total return.
What would A$1,000 invested in TCL 3 years ago be worth today?
A A$1,000 investment in Transurban Group (TCL) in 2023 would be worth A$1,156 as of March 2026, representing a +15.6% total return.
What would A$1,000 invested in TCL 5 years ago be worth today?
A A$1,000 investment in Transurban Group (TCL) in 2021 would be worth A$1,325 as of March 2026, representing a +32.5% total return.
What would A$1,000 invested in TCL 10 years ago be worth today?
A A$1,000 investment in Transurban Group (TCL) in 2016 would be worth A$1,934 as of March 2026, representing a +93.4% total return.
What would A$1,000 invested in TCL at IPO be worth today?
A A$1,000 investment in Transurban Group (TCL) at IPO would be worth A$39,836 as of March 2026, representing a +3883.6% total return.
Monthly Returns Heatmap
Over the past 30+ years (360 months), Transurban Group (TCL) has averaged a monthly return of +1.22% with a median return of +1.27%. The stock had 219 positive months (61%) and 139 negative months (39%). The best month in TCL's history was January 1998 with a +23.6% return, while the worst was January 2000 at -28.4%. Historically, November tends to be the strongest month (averaging +3.7%), and February the weakest (-0.4%).
TCL's longest winning streak was 10 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 2004 with a cumulative return of +48.3%, and the worst was 2008 at -7.3%.
Annual Returns
Over 30 years of trading history, Transurban Group (TCL) has delivered an average annual return of +13.00% with a median return of +9.05%. The compound annual growth rate (CAGR) is +11.75%. The stock posted gains in 22 years (73%) and losses in 8 years (27%).
TCL's best year was 2004 with a +58.17% gain, while the worst was 2008 at -13.93%. The longest streak of consecutive positive years was 7, and the longest losing streak was 2 years. TCL achieved double-digit gains (10%+) in 15 years. It suffered double-digit losses in 1 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +0.42% | A$14.21 | A$14.27 |
| 2025 | +11.30% | A$12.77 | A$14.21 |
| 2024 | +2.57% | A$12.45 | A$12.77 |
| 2023 | +10.34% | A$11.28 | A$12.45 |
| 2022 | -2.44% | A$11.56 | A$11.28 |
| 2021 | +4.69% | A$11.05 | A$11.56 |
| 2020 | -6.37% | A$11.80 | A$11.05 |
| 2019 | +33.19% | A$8.86 | A$11.80 |
| 2018 | -0.11% | A$8.87 | A$8.86 |
| 2017 | +26.54% | A$7.01 | A$8.87 |
| 2016 | +2.93% | A$6.81 | A$7.01 |
| 2015 | +27.81% | A$5.33 | A$6.81 |
| 2014 | +33.13% | A$4.00 | A$5.33 |
| 2013 | +17.80% | A$3.40 | A$4.00 |
| 2012 | +14.11% | A$2.98 | A$3.40 |
| 2011 | +15.69% | A$2.57 | A$2.98 |
| 2010 | -2.13% | A$2.63 | A$2.57 |
| 2009 | +7.77% | A$2.44 | A$2.63 |
| 2008 | -13.93% | A$2.83 | A$2.44 |
| 2007 | -3.11% | A$2.93 | A$2.83 |
| 2006 | +24.10% | A$2.36 | A$2.93 |
| 2005 | +7.20% | A$2.20 | A$2.36 |
| 2004 | +58.17% | A$1.39 | A$2.20 |
| 2003 | +16.28% | A$1.20 | A$1.39 |
| 2002 | -3.26% | A$1.24 | A$1.20 |
| 2001 | -7.63% | A$1.34 | A$1.24 |
| 2000 | +36.06% | A$0.98 | A$1.34 |
| 1999 | +1.21% | A$0.97 | A$0.98 |
| 1998 | +50.45% | A$0.65 | A$0.97 |
| 1997 | +27.17% | A$0.51 | A$0.65 |
TCL Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Transurban Group as an investment
Valuation
TCL currently trades at a trailing P/E ratio of 95.1, which is considered high relative to the broader market. The forward P/E of 64.3 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 5.1. The price-to-sales ratio is 11.4.
Dividends
Transurban Group pays a dividend to shareholders with a current yield of 4.77%. This translates to A$0.68 per share annually. The payout ratio of 4% indicates sustainable dividend coverage.
Risk & Volatility
TCL has a beta of 0.55, indicating it is less volatile than the overall market. The stock's 52-week range is A$12.61 to A$15.25, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 14 analyst opinions, TCL has a consensus "hold" rating. The average price target of A$14.20 suggests 0.5% downside from current levels.
Frequently Asked Questions: TCL
What sector is TCL in? ▼
TCL operates in the Industrials sector, specifically in the Infrastructure Operations industry.
How has TCL performed historically? ▼
Over 30 years of trading history, TCL has posted gains in 22 years (73% of the time). The best year was 2004 with a +58.2% return. Past performance does not guarantee future results.
How can I invest in TCL? ▼
You can invest in TCL through any brokerage account that offers access to the Australian Securities Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold TCL.
Does TCL pay dividends? ▼
Transurban Group pays a dividend to shareholders with a current yield of 4.77%. This translates to A$0.68 per share annually. The payout ratio of 4% indicates sustainable dividend coverage.
What does Transurban Group do? ▼
Transurban Group is a Infrastructure Operations company operating in the Industrials sector. The company is headquartered in Docklands, Australia.
What sector is TCL in? ▼
TCL operates in the Industrials sector, specifically in the Infrastructure Operations industry.
When did TCL go public? ▼
Transurban Group went public in 1996, making it a 30-year-old public company as of 2026.
How much would A$1,000 invested in TCL 5 years ago be worth today? ▼
A A$1,000 investment in TCL five years ago would be worth approximately A$1,325 today, representing a 32.5% return.
How much would A$1,000 invested in TCL 10 years ago be worth today? ▼
A A$1,000 investment in TCL ten years ago would be worth approximately A$1,934 today, representing a 93.4% total return over the decade.
What is TCL's 3-year return? ▼
Over the past 3 years, TCL has returned 15.6%. A A$1,000 investment would have grown to A$1,156.
How much would A$1,000 invested in TCL at IPO be worth today? ▼
If you invested A$1,000 in TCL at its IPO in 1996, it would be worth approximately A$39,836 today, a 3,883.6% return over 30 years.
Does TCL pay dividends? ▼
Yes, Transurban Group pays a dividend with a current yield of 4.77%, which is A$0.68 per share annually.
What is TCL's market cap? ▼
Transurban Group has a market capitalization of A$45 billion, classifying it as a large-cap company.
What is TCL's P/E ratio? ▼
TCL has a trailing P/E ratio of 95.1 and a forward P/E of 64.3, which measures how much investors are paying per dollar of earnings.
Is TCL a buy, hold, or sell? ▼
Based on 14 opinions, TCL has a consensus "hold" rating. The average price target is A$14.2.
Last updated: 3/15/2026