• FY26 distribution of 69.0 cents per stapled security, 6.2% growth
• Expected FY27 distribution of 72 cents per stapled security
• FY26 proportional toll revenue growth of 6.7%
• Strong balance sheet with $3.7 billion liquidity

Transurban Group announced its FY26 results, highlighting a 6.2% increase in distribution to 69.0 cents per stapled security, in line with guidance. The company reported a 2.2% increase in Average Daily Traffic (ADT) and a 6.7% rise in proportional toll revenue to $3,982 million. Proportional operating costs increased by 3.3% to $984 million, while proportional EBITDA grew by 7.5% to $3,063 million. The company expects a 4.3% growth in FY27 distribution to 72 cents per stapled security, with free cash coverage expected to be slightly below the 95-105% targeted range.

FY27 distribution expected to be 72 cents per stapled security, slightly below 95-105% free cash coverage

FY27 is expected to be a transitional year with the M5 West ownership changes. The company is confident in its outlook due to strong business fundamentals.