Latest Ratios: P/E Ratio 34.0x · EV/EBITDA 13.6x · 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 | $15.2B | $16.9B | $18.2B | $13.3B | $11.0B | $22.9B | $19.1B | $16.4B | $10.8B | $10.4B | $5.7B |
| Enterprise Value | $19.5B | $21.2B | $22.8B | $18.3B | $16.2B | $27.6B | $22.1B | $19.9B | $14.7B | $12.8B | $7.9B |
| P/E Ratio → | 33.96 | 36.96 | 63.94 | — | 40.54 | 16.49 | 55.43 | 47.30 | 39.17 | 23.69 | 47.58 |
| P/S Ratio | 3.32 | 3.68 | 4.36 | 3.47 | 2.95 | 7.73 | 7.54 | 6.67 | 4.68 | 5.40 | 3.35 |
| P/B Ratio | 3.41 | 3.71 | 4.22 | 3.24 | 2.57 | 5.71 | 7.23 | 7.02 | 5.47 | 5.72 | 3.88 |
| P/FCF | 22.97 | 25.48 | 35.29 | 39.70 | — | 39.18 | 33.26 | 28.40 | 28.87 | 31.37 | 21.47 |
| P/OCF | 15.39 | 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 | 13.61 | 14.77 | 18.90 | 27.97 | 14.13 | 26.79 | 26.09 | 22.58 | 17.94 | 18.20 | 13.97 |
| EV / EBIT | 22.74 | 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 | 2.9% | 2.7% | 1.6% | — | 2.5% | 6.1% | 1.8% | 2.1% | 2.6% | 4.2% | 2.1% |
| FCF Yield | 4.4% | 3.9% | 2.8% | 2.5% | — | 2.6% | 3.0% | 3.5% | 3.5% | 3.2% | 4.7% |
| Buyback Yield | 2.2% | 2.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.3% | 0.0% |
| Total Shareholder Yield | 2.8% | 2.5% | 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 |
High intangible asset concentration
Based on current market data, TransUnion trades at a forward P/E of 14.73, which appears to discount the volatility of its mortgage-sensitive revenue streams while simultaneously pricing in a significant recovery in non-credit data analytics as the company continues its transition toward a more diversified service model.
The divergence between the TTM P/E of 30.32 and the forward multiple suggests that investors are anticipating a meaningful earnings expansion, likely driven by the completion of the 'OneTru' platform integration. However, the PEG ratio of 5.70 indicates that the current valuation may be expensive relative to near-term growth expectations, warranting caution regarding the sustainability of this premium.
As reported in financial statements, TransUnion's ROIC has remained suppressed, hovering between 1.2% and 2.1% over the last ten quarters, which suggests that the company's aggressive acquisition strategy has yet to generate returns that meaningfully exceed the cost of the capital deployed for these investments.
The persistent gap between ROIC and the company's likely weighted average cost of capital implies that the firm is currently destroying value on an incremental basis. Investors should monitor whether the ongoing cloud migration and platform unification can eventually drive the margin expansion necessary to lift these returns toward peer-level benchmarks.
According to recent quarterly filings, TransUnion's DSO has fluctuated between 67 and 78 days, indicating that the company's ability to convert credit-related services into cash remains inconsistent and highly sensitive to the payment cycles of its large institutional financial services clients across the U.S. market.
The lack of a stable cash conversion cycle suggests that operational efficiency is frequently disrupted by the 'lumpy' nature of enterprise contract renewals and project-based revenue recognition. This variability complicates internal liquidity management and necessitates a higher reliance on external financing to bridge periodic working capital outflows.
Based on reported figures, TransUnion's interest coverage ratio has struggled to maintain levels above 4.0x, reaching a low of 2.06 in 2023Q4, which indicates that the company's significant debt load leaves it with limited room for error in a high-interest-rate environment that pressures core mortgage volumes.
The debt-to-EBITDA ratio, consistently remaining in the 14x range, highlights a structurally leveraged balance sheet that appears to be a byproduct of the Neustar acquisition. This leverage profile restricts the company's ability to pursue further inorganic growth without potentially compromising its credit standing or requiring additional equity dilution.
As noted in institutional research, the market's reliance on Adjusted EBITDA as a primary valuation metric for TransUnion often obscures the reality of high amortization costs and recurring integration expenses that are essential to maintaining the company's competitive position in the evolving identity resolution market.
By stripping out these 'non-recurring' costs, investors may be overestimating the company's true free cash flow generation and understating the capital intensity of the business. A more accurate assessment would involve focusing on cash-based return metrics that account for the ongoing necessity of technology reinvestment and intangible asset maintenance.
Includes 30+ ratios · 14 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
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 34.0x. The historical average is 41.2x. This places it at the 22th percentile of its historical range.
TransUnion's current EV/EBITDA is 13.6x. 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 34.0x. 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 0.58% 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.