Latest Ratios: P/E Ratio 30.6x · EV/EBITDA 12.5x · ROE 10.3%. (2012–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $13.6B | $16.9B | $18.2B | $13.3B | $11.0B | $22.9B | $19.1B | $16.4B | $10.8B | $10.4B | $5.7B |
| Enterprise Value | $17.9B | $21.2B | $22.8B | $18.3B | $16.2B | $27.6B | $22.1B | $19.9B | $14.7B | $12.8B | $7.9B |
| P/E Ratio → | 30.58 | 36.96 | 63.94 | — | 40.54 | 16.49 | 55.43 | 47.30 | 39.17 | 23.69 | 47.58 |
| P/S Ratio | 2.97 | 3.68 | 4.36 | 3.47 | 2.95 | 7.73 | 7.54 | 6.67 | 4.68 | 5.40 | 3.35 |
| P/B Ratio | 3.07 | 3.71 | 4.22 | 3.24 | 2.57 | 5.71 | 7.23 | 7.02 | 5.47 | 5.72 | 3.88 |
| P/FCF | 20.55 | 25.48 | 35.29 | 39.70 | — | 39.18 | 33.26 | 28.40 | 28.87 | 31.37 | 21.47 |
| P/OCF | 13.76 | 17.07 | 21.91 | 20.59 | 36.87 | 28.31 | 24.22 | 21.14 | 19.51 | 22.30 | 14.64 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.62 | 5.44 | 4.77 | 4.36 | 9.31 | 8.73 | 8.07 | 6.35 | 6.61 | 4.64 |
| EV / EBITDA | 12.49 | 14.77 | 18.90 | 27.97 | 14.13 | 26.79 | 26.09 | 22.58 | 17.94 | 18.20 | 13.97 |
| EV / EBIT | 20.87 | 24.08 | 34.17 | 127.79 | 26.35 | 44.59 | 42.85 | 36.26 | 30.57 | 27.79 | 27.17 |
| EV / FCF | — | 31.99 | 44.06 | 54.56 | — | 47.20 | 38.54 | 34.38 | 39.15 | 38.43 | 29.72 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.1% | 59.1% | 60.0% | 60.4% | 62.7% | 65.5% | 66.3% | 67.3% | 65.9% | 66.6% | 66.0% |
| Operating Margin | 18.7% | 18.7% | 15.9% | 3.4% | 16.9% | 22.0% | 19.8% | 22.0% | 22.1% | 24.0% | 17.6% |
| Net Profit Margin | 10.0% | 10.0% | 6.8% | -5.4% | 7.2% | 47.0% | 13.6% | 14.1% | 11.9% | 22.8% | 7.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.3% | 10.3% | 6.8% | -4.9% | 6.4% | 41.9% | 13.8% | 16.1% | 14.5% | 26.8% | 8.5% |
| ROA | 4.1% | 4.1% | 2.6% | -1.8% | 2.2% | 13.9% | 4.8% | 4.9% | 4.5% | 8.9% | 2.6% |
| ROIC | 7.3% | 7.3% | 5.6% | 1.0% | 5.2% | 6.8% | 6.5% | 7.0% | 7.7% | 8.9% | 6.3% |
| ROCE | 8.6% | 8.6% | 6.7% | 1.2% | 5.7% | 7.3% | 7.6% | 8.3% | 9.2% | 10.2% | 7.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.13 | 1.13 | 1.21 | 1.33 | 1.36 | 1.63 | 1.34 | 1.60 | 2.04 | 1.35 | 1.61 |
| Debt / EBITDA | 3.60 | 3.60 | 4.33 | 8.34 | 5.07 | 6.34 | 4.16 | 4.24 | 4.94 | 3.51 | 4.20 |
| Net Debt / Equity | — | 0.95 | 1.05 | 1.21 | 1.22 | 1.17 | 1.15 | 1.48 | 1.95 | 1.29 | 1.49 |
| Net Debt / EBITDA | 3.00 | 3.00 | 3.76 | 7.62 | 4.56 | 4.55 | 3.57 | 3.93 | 4.71 | 3.34 | 3.88 |
| Debt / FCF | — | 6.51 | 8.77 | 14.86 | — | 8.01 | 5.28 | 5.98 | 10.28 | 7.06 | 8.25 |
| Interest Coverage | 3.73 | 3.73 | 2.51 | 0.50 | 2.66 | 4.68 | 3.82 | 2.88 | 3.18 | 4.62 | 3.35 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.75 | 1.75 | 1.70 | 1.47 | 1.60 | 1.94 | 2.19 | 1.55 | 1.53 | 1.28 | 1.47 |
| Quick Ratio | 1.75 | 1.75 | 1.70 | 1.47 | 1.60 | 1.94 | 2.19 | 1.55 | 1.53 | 1.28 | 1.47 |
| Cash Ratio | 0.74 | 0.74 | 0.64 | 0.48 | 0.65 | 1.36 | 0.74 | 0.54 | 0.39 | 0.30 | 0.58 |
| Asset Turnover | — | 0.41 | 0.38 | 0.34 | 0.32 | 0.23 | 0.35 | 0.35 | 0.33 | 0.38 | 0.36 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 72.18 | 77.52 | 68.88 | 59.25 | 69.44 | 56.91 | 71.05 | 75.23 | 69.25 | 60.67 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.6% | 0.5% | 0.5% | 0.6% | 0.7% | 0.3% | 0.3% | 0.3% | 0.4% | — | — |
| Payout Ratio | 19.9% | 19.9% | 29.1% | — | 29.2% | 5.0% | 16.8% | 16.4% | 15.0% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.3% | 2.7% | 1.6% | — | 2.5% | 6.1% | 1.8% | 2.1% | 2.6% | 4.2% | 2.1% |
| FCF Yield | 4.9% | 3.9% | 2.8% | 2.5% | — | 2.6% | 3.0% | 3.5% | 3.5% | 3.2% | 4.7% |
| Buyback Yield | 2.2% | 1.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.3% | 0.0% |
| Total Shareholder Yield | 2.9% | 2.3% | 0.5% | 0.6% | 0.7% | 0.3% | 0.3% | 0.3% | 0.4% | 1.3% | 0.0% |
| Shares Outstanding | — | $197M | $197M | $193M | $193M | $193M | $192M | $192M | $191M | $190M | $185M |
Includes 30+ ratios · 14 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying TRU stock.
TransUnion's current P/E ratio is 30.6x. The historical average is 41.2x. This places it at the 22th percentile of its historical range.
TransUnion's current EV/EBITDA is 12.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 19.6x.
TransUnion's return on equity (ROE) is 10.3%. The historical average is 9.0%.
Based on historical data, TransUnion is trading at a P/E of 30.6x. This is at the 22th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
TransUnion's current dividend yield is 0.65% with a payout ratio of 19.9%.
TransUnion has 59.1% gross margin and 18.7% operating margin. Operating margin between 10-20% is typical for established companies.
TransUnion's Debt/EBITDA ratio is 3.6x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.
Key Metrics
Top Statement Risk
Elevated leverage and rate sensitivity
Metrics are mathematically derived from official filings.
Margin Inflection Points to Operating Leverage
Operating margin surged to 32.0% in Q2 2026 from 16.9% a year earlier, per the latest quarterly report, signaling a structural shift in cost efficiency and revenue mix.
The doubling of operating margin within four quarters, from 16.5% in Q4 2024 to 32.0% in Q2 2026, appears driven by revenue acceleration (14.9% YoY) and disciplined SG&A growth of only 3.4%. Gross margin recovery to 58.4% from 46.2% in Q2 2025 suggests a favorable mix shift toward higher-margin data products, though the sustainability of this level warrants scrutiny given historical volatility. Net margin of 19.3% in Q2 2026, while strong, is below the 31.9% reported in Q1 2026, which included a non-operating income spike, indicating that core earning power is better reflected by operating margin.
ROIC Recovery Still Below Cost of Capital
ROIC improved to 3.2% in Q2 2026 from 1.6% a year earlier, as reported in financial statements, but remains below the company's weighted average cost of capital, suggesting value creation is still nascent.
Despite the margin expansion, ROIC of 3.2% is modest relative to the 8.5% ROIC of peer Equifax, indicating that TransUnion's capital intensity and acquisition-related intangibles are weighing on returns. The improvement from 1.3% in Q1 2024 to 3.2% in Q2 2026 is encouraging, but the absolute level implies that the company is not yet compounding returns at a rate that exceeds its cost of capital. Investors should monitor whether the operating leverage from cloud migration and cross-selling can lift ROIC toward the mid-single digits over the next several quarters.
Working Capital Efficiency Shows Mixed Signals
DSO rose to 73 days in Q2 2026 from 67 days in Q1 2024, while DPO increased to 66 days, per the quarterly data, indicating a slight lengthening of the cash conversion cycle.
The increase in DSO suggests that TransUnion is taking longer to collect receivables, which may reflect a shift toward larger enterprise contracts with extended payment terms. DPO also rose, partially offsetting the DSO impact, but the overall working capital efficiency appears to have deteriorated modestly over the period. The absence of DIO data (inventory is not material for a data services company) means the cash conversion cycle is primarily driven by receivables and payables management, which warrants monitoring for any signs of customer payment stress.
Leverage Elevated but Deleveraging Trend Intact
Debt-to-EBITDA declined to 9.77 in Q2 2026 from 18.70 in Q1 2024, per reported figures, though interest coverage of 4.84 remains thin relative to historical norms.
The sharp reduction in D/EBITDA from 18.70 to 9.77 over ten quarters indicates significant deleveraging, likely driven by EBITDA growth and debt repayment. However, the absolute level remains high, and interest coverage of 4.84, while improved from 2.21 in Q1 2024, still suggests that earnings are only about five times interest expense. The reported Debt/Equity of 1.13 appears consistent with the balance sheet analysis, but the elevated leverage remains a structural risk, particularly if interest rates stay high or growth decelerates.
Liquidity Buffer Strengthens Amidst Growth
Current ratio improved to 1.90 in Q2 2026 from 1.65 in Q1 2024, with cash of $839.1M, per the balance sheet, indicating a solid liquidity position.
The current ratio of 1.90 and quick ratio of 1.90 (inventory is negligible) suggest that TransUnion has ample short-term assets to cover near-term obligations. The improvement from 1.65 in Q1 2024 reflects both higher cash balances and better working capital management. Under a severe stress scenario, such as a sharp downturn in mortgage volumes, the liquidity buffer appears adequate to cover operating needs, though the high leverage could amplify any cash flow shortfall.
EV/EBITDA Misleads on Acquisition-Driven Model
EV/EBITDA of 13.52 understates the true earnings power because EBITDA excludes significant amortization from acquisitions, per the financial statements, making P/E or EV/EBIT more appropriate.
TransUnion's M&A-heavy strategy has resulted in substantial intangible assets, and the associated amortization is a real economic cost that EBITDA ignores. As a result, EV/EBITDA of 13.52 appears artificially low compared to the P/E of 33.89, which incorporates the full impact of amortization. Investors should use EV/EBIT or P/E to better capture the earnings quality, as the gap between EBITDA and EBIT is likely to persist given the company's acquisition history.