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Transunion (TRU) stock

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NYSE: TRU NYSE Research & Consulting Services Next results ~February 11, 2027

B Fundamentals grade

Transunion is a US-listed company in the research & consulting services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$89

Cash-flow model

Base case. Range ~$61–$130 across our lower- and higher-growth cases (6.8%–16.8% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 11% below our base value.

Price used: $79.23, November 2, 2026

Transunion valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 8 selling0 purchases and 36 sales by directors and officers, last 12 monthsInsider trades
  • Funds233 adding, 304 cuttingOf 59 active managers that changed their stake, 29 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Transunion files

10-Q filed October 27: Transunion

Model value +24.9%

Revenue for the twelve months to September 2026 was $5.04bn, up 13.4% on a year earlier, faster than the 12.4% growth a quarter earlier. That growth ranks 4 of 22 among the research & consulting services companies we cover. Free-cash-flow margin rose to 18.1% from 13.0% a year earlier. Its fundamentals grade moves from C+ to B. Our model value rises from $70.48 to $88.01 a share, against a share price of $76.64. The rating stays Hold. At that price, our model says the market is pricing in about 8.3% a year of cash-flow growth for five years, slower than the 11.2% a year revenue growth it has delivered.

Source: 10-Q filed October 27, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 28: Transunion

Revenue for the twelve months to June 2026 reached $5.04bn, up 13.4% on a year earlier. That pace beat the 12.4% growth recorded a quarter earlier, and it ranks 2 of 10 among the research and consulting services companies we cover. Free cash flow margin also improved, climbing to 18.1% from 13.0% a year earlier. Our model value is little changed at $70.48 a share, below the market price of $79.15. The rating stays Hold. At the current price, our model implies the market expects about 11.1% a year of cash flow growth over five years, close to the 11.2% a year revenue growth the business has already delivered.

10-Q on SEC EDGAR

Where Transunion stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $4.90bn, up 12.4% on a year earlier, faster than 11.0% a quarter earlier. Free-cash-flow margin rose to 16.1% from 11.4% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 7 financial-health checks. Our cash-flow model value is $44.19 a share, against a share price of $77.66. At that price, our model says the market is pricing in about 18.2% a year of cash-flow growth for five years, faster than the 10.6% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 11, 2027 (estimated)

Transunion's trailing-twelve-month revenue grew 13.4% year on year, with a free-cash-flow margin of 18.1%. Where it stands out: free-cash-flow margin of 18.1% ranks 2 of 33 research & consulting services companies we cover. Where it lags: long-term debt as % of assets of 44.2% ranks 18 of 21 research & consulting services companies we cover.

Our discounted-cash-flow model values the business at ~$89 per share in the base case (~$61–$130 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 58.1% while net income grew 89.8%: a 32pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 2.0% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 44.2% ranks 18 of 21 research & consulting services companies we cover (median 22.7%).
  • Short interest rising. Shares sold short rose 20% in a month to 7.3% of tradable shares.

Latest results: FY2026 Q3

Filed October 27, 2026
Earnings per share
$1.25 against an average estimate of $1.21: beat by 3.2%
Revenue
$1.31bn, up 12.2% on a year earlier
Share reaction
-6.7% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Guidance given
revenue, as reported $1,292m to $1,310m (Three Months Ended September 30, 2026); revenue, as reported $5,127m to $5,162m (Twelve Months Ended December 31, 2026)
Next report
October 27, 2026; average EPS estimate $1.20

Transunion's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.2%
  • 1 week-0.5%
  • 1 month+24.9%
  • This year-7.1%
  • 1 year-1.8%
  • 5 years-28.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5B
Operating margin
19.3%
Net margin
15.8%
EPS (TTM, diluted)
$4.12

Growth

Revenue growth
+13.4%
Change in growth rate
+1.1 pts
Share count change
−2.0%

Cash

Free cash flow (TTM)
$910M
FCF margin
18.1%
Stock pay % of revenue
3.0%

Earnings

Last results
October 27, 2026
Next results (est.)
February 11, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Our research
  3. Our research
  4. Leadership
  5. Insider trade
  6. Results
  7. Insider trade
  8. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Transunion valuation models and calculator

What the price is pricing in

The share price implies about 8.6% a year of cash-flow growth for five years.That is close to the 11.2% a year revenue growth Transunion has delivered.

  • Priced in8.6%
  • Last 12 months13.4%
  • 3 years a year10.1%
  • 5 years a year11.2%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($77.35, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$89
Price used
$77.35close November 3, 2026
Implied change
▲ +15%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Transunion's free cash flow after stock-based pay with after-tax interest added back ($804M, FY2026 Q3 TTM), growing 8.1% and 9.7% in the next two years (forecasts, guidance and its record), then back to 11.8% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$61–~$130 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Transunion's free cash flow after stock-based pay ( $804M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Transunion as an operating company, with every model that fits that kind of business. Cost of equity 9.7%: the 10-year Treasury yield (4.9%) plus a beta of 1.06 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$89 ~$61–$130 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$63 ~$71–$110 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$36 ~$26–$52 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$37 ~$32–$44 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$63 ~$36–$89 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Transunion with Research & Consulting Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −28%
  • Revenue growth 5 points higher ▲ +36%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▲ +36%
  • Discount rate 1 point higher ▼ −18%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $36$58$87$125$174$238
8.5% $22$38$58$86$121$166
10% $13$25$41$62$89$124

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$29.69$52.76$54.71$82.79$96.29$115.46$55.54$67.67$91.76$85.33$79.23
Market value$5.5bn$10.0bn$10.4bn$15.9bn$18.5bn$22.3bn$10.7bn$13.1bn$18.0bn$16.8bn$15.4bn
+ Net debt (− = net cash)$2.2bn$2.3bn$3.9bn$3.4bn$3.0bn$4.5bn$5.1bn$4.9bn$4.5bn$4.3bn$4.6bn
Enterprise value$7.7bn$12.4bn$14.3bn$19.3bn$21.5bn$26.8bn$15.8bn$18.0bn$22.5bn$21.0bn$19.9bn
Multiples
Price / sales 3.2x5.2x4.5x6.4x7.3x7.5x2.9x3.4x4.3x3.7x3.0x
Price / earnings 45.4x22.7x37.8x45.8x53.9x16.0x40.3x—63.5x36.8x19.3x
Price / free cash flow 20.6x30.3x27.8x27.0x31.8x38.2x—39.1x34.9x25.4x16.9x
EV / EBITDA 13.6x17.6x17.5x21.9x25.3x26.1x13.8x27.5x18.7x14.7x12.5x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

46 /100

Moderate moat

How hard Transunion's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 6 / 20

    Net income has been a median 4.8% of total assets over 10 years.

  • Durability 10 / 20

    Operating margin has been a median 19.9%; its worst year was 5.6%.

  • Cash conversion 18 / 20

    Free cash flow was positive in 9 of 10 years, at a median 17.2% of revenue.

  • Discipline 16 / 20

    The diluted share count rose 0.6% over five years; stock-based pay has been a median 2.3% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (62 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.86 +13% $5.2bn +13%
Next $5.37 +10% $5.5bn +6%

Next year's EPS estimate has moved −4.3% in 90 days, across 21 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.3% on 90 days ago. In the last 30 days, 1 analyst raised Transunion's forecast and 3 cut it.

Consensus EPS forecast Transunion, last 90 days
$4.50 $5.00 $5.50 $6.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.85 Current fiscal year, 60 days ago: $4.86 Current fiscal year, 30 days ago: $4.82 Current fiscal year, 7 days ago: $4.80 Current fiscal year, Now: $4.86 $4.86 Next fiscal year, 90 days ago: $5.61 Next fiscal year, 60 days ago: $5.60 Next fiscal year, 30 days ago: $5.57 Next fiscal year, 7 days ago: $5.44 Next fiscal year, Now: $5.37 $5.37

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.85$5.61
60 days ago $4.86$5.60
30 days ago $4.82$5.57
7 days ago $4.80$5.44
Now $4.86$5.37

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.21 $1.25 +3.2%
Jun 2026 $1.15 $1.23 +7.0%
Mar 2026 $1.11 $1.18 +6.0%
Dec 2025 $1.03 $1.07 +4.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 28, 2026
  • Revenue, as reported Twelve Months Ended December 31, 2026 $5,127m to $5,162m
    “Revenue, as reported $ 1,292 $ 1,310 $ 5,127 $ 5,162” source
  • Revenue growth, as reported Twelve Months Ended December 31, 2026 12% growth to 13% growth
    “As reported 11 % 12 % 12 % 13 %” source
  • Organic constant currency revenue growth Twelve Months Ended December 31, 2026 8% growth to 9% growth Non-GAAP
    “Organic constant currency 1, 3 6 % 8 % 8 % 9 %” source
  • Full-year revenue growth full-year 2026 12% growth to 13% growth Raised
    “Raising full-year 2026 financial guidance; we now expect to deliver 12% to 13% percent revenue growth (8% to 9% organic constant currency)” source
  • Full-year organic constant currency revenue growth full-year 2026 8% growth to 9% growth Non-GAAP Raised
    “Raising full-year 2026 financial guidance; we now expect to deliver 12% to 13% percent revenue growth (8% to 9% organic constant currency)” source
  • Revenue, as reported Three Months Ended September 30, 2026 $1,292m to $1,310m
    “Revenue, as reported $ 1,292 $ 1,310 $ 5,127 $ 5,162” source
Show 22 more items
  • Revenue growth, as reported Three Months Ended September 30, 2026 11% growth to 12% growth
    “As reported 11 % 12 % 12 % 13 %” source
  • Organic constant currency revenue growth Three Months Ended September 30, 2026 6% growth to 8% growth Non-GAAP
    “Organic constant currency 1, 3 6 % 8 % 8 % 9 %” source
  • Diluted Earnings per Share Twelve Months Ended December 31, 2026 $4.15 to $4.22 GAAP
    “Diluted Earnings per Share $ 0.68 $ 0.71 $ 4.15 $ 4.22” source
  • Adjusted Diluted Earnings per Share Twelve Months Ended December 31, 2026 $4.75 to $4.83 Non-GAAP
    “Adjusted Diluted Earnings per Share 5 $ 1.18 $ 1.21 $ 4.75 $ 4.83” source
  • Diluted Earnings per Share growth Twelve Months Ended December 31, 2026 79% growth to 82% growth GAAP
    “Diluted Earnings per Share growth 38 % 45 % 79 % 82 %” source
  • Adjusted Diluted Earnings per Share growth Twelve Months Ended December 31, 2026 11% growth to 12% growth Non-GAAP
    “Adjusted Diluted Earnings per Share growth 7 % 10 % 11 % 12 %” source
  • Diluted Earnings per Share Three Months Ended September 30, 2026 $0.68 to $0.71 GAAP
    “Diluted Earnings per Share $ 0.68 $ 0.71 $ 4.15 $ 4.22” source
  • Adjusted Diluted Earnings per Share Three Months Ended September 30, 2026 $1.18 to $1.21 Non-GAAP
    “Adjusted Diluted Earnings per Share 5 $ 1.18 $ 1.21 $ 4.75 $ 4.83” source
  • Diluted Earnings per Share growth Three Months Ended September 30, 2026 38% growth to 45% growth GAAP
    “Diluted Earnings per Share growth 38 % 45 % 79 % 82 %” source
  • Adjusted Diluted Earnings per Share growth Three Months Ended September 30, 2026 7% growth to 10% growth Non-GAAP
    “Adjusted Diluted Earnings per Share growth 7 % 10 % 11 % 12 %” source
  • Net income attributable to TransUnion Twelve Months Ended December 31, 2026 $807m to $821m GAAP
    “Net income attributable to TransUnion $ 132 $ 138 $ 807 $ 821” source
  • Net income attributable to TransUnion margin Twelve Months Ended December 31, 2026 15.7% to 15.9% GAAP
    “Net income attributable to TransUnion margin 10.2 % 10.5 % 15.7 % 15.9 %” source
  • Adjusted EBITDA, as reported Twelve Months Ended December 31, 2026 $1,807m to $1,827m Non-GAAP
    “Adjusted EBITDA, as reported 5 $ 455 $ 463 $ 1,807 $ 1,827” source
  • Adjusted EBITDA margin Twelve Months Ended December 31, 2026 35.2% to 35.4% Non-GAAP
    “Adjusted EBITDA margin 35.2 % 35.4 % 35.2 % 35.4 %” source
  • Net income attributable to TransUnion growth Twelve Months Ended December 31, 2026 77% growth to 80% growth GAAP
    “Net income attributable to TransUnion growth 37 % 43 % 77 % 80 %” source
  • Adjusted EBITDA growth, as reported Twelve Months Ended December 31, 2026 10% growth to 11% growth Non-GAAP
    “Adjusted EBITDA growth, as reported 4 7 % 9 % 10 % 11 %” source
  • Net income attributable to TransUnion Three Months Ended September 30, 2026 $132m to $138m GAAP
    “Net income attributable to TransUnion $ 132 $ 138 $ 807 $ 821” source
  • Net income attributable to TransUnion margin Three Months Ended September 30, 2026 10.2% to 10.5% GAAP
    “Net income attributable to TransUnion margin 10.2 % 10.5 % 15.7 % 15.9 %” source
  • Adjusted EBITDA, as reported Three Months Ended September 30, 2026 $455m to $463m Non-GAAP
    “Adjusted EBITDA, as reported 5 $ 455 $ 463 $ 1,807 $ 1,827” source
  • Adjusted EBITDA margin Three Months Ended September 30, 2026 35.2% to 35.4% Non-GAAP
    “Adjusted EBITDA margin 35.2 % 35.4 % 35.2 % 35.4 %” source
  • Net income attributable to TransUnion growth Three Months Ended September 30, 2026 37% growth to 43% growth GAAP
    “Net income attributable to TransUnion growth 37 % 43 % 77 % 80 %” source
  • Adjusted EBITDA growth, as reported Three Months Ended September 30, 2026 7% growth to 9% growth Non-GAAP
    “Adjusted EBITDA growth, as reported 4 7 % 9 % 10 % 11 %” source

How earlier guidance turned out

  • Diluted Earnings per Share, Three Months Ended September 30, 2026 guided $0.68 to $0.71 Above range: $0.81
  • Net income attributable to TransUnion, Three Months Ended September 30, 2026 guided $132m to $138m Above range: $156m
  • Revenue, as reported, Three Months Ended September 30, 2026 guided $1,292m to $1,310m Above range: $1,313m

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Transunion's revenue by +8.1% next year and +9.7% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+7.0%, weight 57%) , management guidance (+6.7%, weight 19%) and the company's own record (+11.8%, weight 25%) . How the weights are set.

Analyst recommendations

22 analysts, Oct 2026
Buy1673%
Hold627%
Sell00%

Monthly trend

  1. Oct 2026511622
  2. Sep 2026611522
  3. Aug 2026511622
  4. Jul 2026511622

Counts of recommendations published by analysts covering Transunion, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
7.3%
of tradable shares
Days to cover
4.56
at average volume
Short interest, 1 month
+20%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.5%
of shares
Employees
13,500
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −1.8%

$80.66 on October 31, 2025 to $79.23

ThenNowEffect
Revenue (last 12 months) $4.4bn $4.9bn +12.4%
Net margin 9.0% 15.1% +67.7%
P/E multiple 40.7x 20.9x −48.6%
Share count 198m 195m +1.4%

Biggest factor: p/e multiple.

Last 3 years +60.2%

$49.46 on November 3, 2023 to $79.23

ThenNowEffect
Revenue (last 12 months) $3.7bn $4.9bn +30.6%
Net margin 6.2% 15.1% +143.5%
P/E multiple 41.2x 20.9x −49.2%
Share count 194m 195m −0.8%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
TRU+20%−52%+22%+36%−7%−7%
Industry peers (median)+38%−15%+10%−4%−15%−0%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
TRU67%17%67%67%50%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
TRU−15%−57%−47%−18%−31%−30%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 65% from September 8, 2021 to October 30, 2023. Getting back needed a 185% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$61.12 – $87.54
From 52-week high
−9.5%
vs 50-day average
+6.5%
vs 200-day average
+7.2%
Volatility (1 year)
42%
Beta vs S&P 500
0.80

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
10 up, 2 down
typical move ±6.1%
After a week
7 up, 4 down
typical move ±5.2%
After a month
7 up, 4 down
typical move ±8.1%
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 −6.7% +0.9% — —
July 28, 2026 +8.4% −1.3% +5.8% +9.6%
April 28, 2026 −1.0% −0.5% −4.1% +0.8%
February 12, 2026 +3.0% −1.5% +6.2% −1.3%
October 23, 2025 +6.1% +1.4% −0.9% +4.1%
July 24, 2025 +4.9% +0.5% +0.7% −3.6%
April 24, 2025 +6.3% +2.8% +8.1% +7.8%
February 13, 2025 +6.7% +1.1% −1.9% −8.2%
October 23, 2024 +0.8% −0.7% −2.6% −6.7%
July 25, 2024 +11.4% +0.6% +12.9% +25.5%
April 25, 2024 +8.5% +0.6% +8.8% +11.2%
February 13, 2024 +9.8% −0.5% +5.4% +10.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Transunion’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look fairly priced

Implied volatility is within its normal range against realised. Selling options earns the usual premium, nothing extra.

  • Implied is 1.05× the last 60 days’ realised volatility , richer than 25% of the 229 stocks we screen today.
  • Puts and calls are priced at about the same implied volatility.
  • Why: implied is not far enough above realised, or not unusual against our coverage.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Transunion in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Transunion
$3.5B $4B $4.5B $5B $5.5B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $3.8B Revenue (TTM), FY24 Q1: $3.9B Revenue (TTM), FY24 Q2: $4B Revenue (TTM), FY24 Q3: $4.1B Revenue (TTM), FY24 Q4: $4.2B Revenue (TTM), FY25 Q1: $4.3B Revenue (TTM), FY25 Q2: $4.4B Revenue (TTM), FY25 Q3: $4.4B Revenue (TTM), FY25 Q4: $4.6B Revenue (TTM), FY26 Q1: $4.7B Revenue (TTM), FY26 Q2: $4.9B Revenue (TTM), FY26 Q3: $5B $5B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $3.8B
FY24 Q1 $3.9B
FY24 Q2 $4B
FY24 Q3 $4.1B
FY24 Q4 $4.2B
FY25 Q1 $4.3B
FY25 Q2 $4.4B
FY25 Q3 $4.4B
FY25 Q4 $4.6B
FY26 Q1 $4.7B
FY26 Q2 $4.9B
FY26 Q3 $5B
Revenue growth, TTM YoY Transunion
0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 3.3% Revenue growth, TTM YoY, FY24 Q1: 4.9% Revenue growth, TTM YoY, FY24 Q2: 6.3% Revenue growth, TTM YoY, FY24 Q3: 8.5% Revenue growth, TTM YoY, FY24 Q4: 9.2% Revenue growth, TTM YoY, FY25 Q1: 8.8% Revenue growth, TTM YoY, FY25 Q2: 9.3% Revenue growth, TTM YoY, FY25 Q3: 8.3% Revenue growth, TTM YoY, FY25 Q4: 9.4% Revenue growth, TTM YoY, FY26 Q1: 11.0% Revenue growth, TTM YoY, FY26 Q2: 12.4% Revenue growth, TTM YoY, FY26 Q3: 13.4% 13.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 3.3%
FY24 Q1 4.9%
FY24 Q2 6.3%
FY24 Q3 8.5%
FY24 Q4 9.2%
FY25 Q1 8.8%
FY25 Q2 9.3%
FY25 Q3 8.3%
FY25 Q4 9.4%
FY26 Q1 11.0%
FY26 Q2 12.4%
FY26 Q3 13.4%
Operating margin (TTM) Transunion
0% 5% 10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 3.4% Operating margin (TTM), FY24 Q1: 3.6% Operating margin (TTM), FY24 Q2: 4.1% Operating margin (TTM), FY24 Q3: 13.6% Operating margin (TTM), FY24 Q4: 15.9% Operating margin (TTM), FY25 Q1: 17.9% Operating margin (TTM), FY25 Q2: 17.8% Operating margin (TTM), FY25 Q3: 18.6% Operating margin (TTM), FY25 Q4: 18.7% Operating margin (TTM), FY26 Q1: 17.9% Operating margin (TTM), FY26 Q2: 18.7% Operating margin (TTM), FY26 Q3: 19.3% 19.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 3.4%
FY24 Q1 3.6%
FY24 Q2 4.1%
FY24 Q3 13.6%
FY24 Q4 15.9%
FY25 Q1 17.9%
FY25 Q2 17.8%
FY25 Q3 18.6%
FY25 Q4 18.7%
FY26 Q1 17.9%
FY26 Q2 18.7%
FY26 Q3 19.3%
FCF margin (TTM) Transunion
5% 10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 8.7% FCF margin (TTM), FY24 Q1: 8.1% FCF margin (TTM), FY24 Q2: 10.1% FCF margin (TTM), FY24 Q3: 11.8% FCF margin (TTM), FY24 Q4: 12.3% FCF margin (TTM), FY25 Q1: 12.0% FCF margin (TTM), FY25 Q2: 11.4% FCF margin (TTM), FY25 Q3: 13.0% FCF margin (TTM), FY25 Q4: 14.5% FCF margin (TTM), FY26 Q1: 14.7% FCF margin (TTM), FY26 Q2: 16.1% FCF margin (TTM), FY26 Q3: 18.1% 18.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 8.7%
FY24 Q1 8.1%
FY24 Q2 10.1%
FY24 Q3 11.8%
FY24 Q4 12.3%
FY25 Q1 12.0%
FY25 Q2 11.4%
FY25 Q3 13.0%
FY25 Q4 14.5%
FY26 Q1 14.7%
FY26 Q2 16.1%
FY26 Q3 18.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Transunion took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $4.6B
  2. Selling, general and admin $1.3B · 27.6%
  3. Other operating costs $2.5B · 53.6%
  4. Operating income $858M · 18.7%
  5. Income tax $173M · 3.8%
  6. Interest and other $229M · 5.0%
  7. Net income $455M · 10.0%

Shares of revenue. Source: Transunion's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 1,705 1,934 2,317 2,463 2,531 2,960 3,710 3,831 4,184 4,576 5,039
Gross profit 1,126 1,288 1,527 1,589 — — — — — — —
EBITDA 566 703 819 880 847 1,029 1,145 653 1,205 1,433 1,598
Operating income 301 465 513 542 500 652 626 129 667 858 974
Net income 121 441 277 347 343 1,390 266 −206 284 455 798
Diluted EPS $0.65 $2.32 $1.45 $1.81 $1.79 $7.20 $1.38 −$1.07 $1.45 $2.32 $4.12
Growth (year on year)
Revenue — +13.4% +19.8% +6.3% +2.7% +17.0% +25.3% +3.3% +9.2% +9.4% +13.4%
EBITDA — +24.2% +16.6% +7.4% −3.8% +21.5% +11.3% −43.0% +84.5% +18.9% +15.0%
Operating income — +54.6% +10.3% +5.7% −7.6% +30.3% −3.9% −79.5% +418.8% +28.7% +18.0%
Net income — +265.8% −37.3% +25.4% −1.1% +305.1% −80.8% −177.4% — +60.1% +89.8%
Diluted EPS — +256.9% −37.5% +24.8% −1.1% +302.2% −80.8% −177.5% — +60.0% +93.5%
Margins
Gross margin 66.0% 66.6% 65.9% 64.5% — — — — — — —
EBITDA margin 33.2% 36.3% 35.4% 35.7% 33.5% 34.8% 30.9% 17.0% 28.8% 31.3% 31.7%
Operating margin 17.6% 24.0% 22.1% 22.0% 19.8% 22.0% 16.9% 3.4% 15.9% 18.7% 19.3%
Net margin 7.1% 22.8% 11.9% 14.1% 13.6% 47.0% 7.2% −5.4% 6.8% 10.0% 15.8%
Free-cash-flow margin 15.6% 17.1% 16.2% 23.9% 23.0% 19.7% −0.0% 8.7% 12.3% 14.5% 18.1%
Cash flow
Cash from operations 390 466 556 777 788 808 297 645 833 988 1,208
Capital spending 124 135 180 188 206 224 298 311 316 326 298
Free cash flow 266 331 376 589 582 584 −1 335 517 662 910
Stock-based pay 24 33 58 48 44 69 83 100 121 146 152
Free cash flow after stock pay 242 297 318 540 538 515 −84 234 396 516 758
Balance sheet
Cash 182 116 187 274 493 1,842 585 476 680 854 883
Total debt 2,376 2,465 4,048 3,657 3,454 6,366 5,670 5,340 5,147 5,104 5,457
Net debt (negative = net cash) 2,193 2,349 3,861 3,383 2,962 4,524 5,085 4,864 4,468 4,250 4,574
Diluted shares 185m 190m 191m 192m 192m 193m 193m 193m 197m 197m 194m
Returned to shareholders
Dividends 0 0 42 57 58 70 78 82 83 91 97
Buybacks 1 134 0 0 — — — 0 0 302 394
Total returned 1 134 42 57 58 70 78 82 83 393 490

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 7 checks passed · September 30, 2026
What it owns · $12.1bn
Short-term assets $2.2bnLonger-term assets $9.9bn
What it owes, and who funded it · $11.9bn
Short-term liabilities $1.1bnLonger-term liabilities $6.0bnShareholders' equity $4.8bn
  • Short-term assets cover short-term liabilities $2.2bn of assets due within a year against $1.1bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2.2bn short-term assets against $6.0bn of longer-dated liabilities.
  • More cash than debt $883m of cash against $5.5bn of debt.
  • Debt below 40% of shareholders' equity Debt is 113% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 144% to 113% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.2bn of operating cash flow against $5.5bn of debt.
  • Operating profit covers interest at least five times over Operating income of $974m against $256m of interest.

From Transunion's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$394M
Dividends (TTM)
$96.6M
Returned to shareholders
54%
of free cash flow
Buybacks, last 3 fiscal years
$302M
Diluted share count
−2.0%
year over year
Total shareholder yield
3.3%
dividends 0.6% + buybacks 2.6% of market value
Dividend payout ratio
12%
of net income paid out
Sales & admin spending
27.1%
of revenue
Days sales outstanding
74 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in research & consulting services
Last 12 months unless stated TRU TTEK NIQ PSN FCN EFX Median
Revenue, last 12 months $5.0bn $5.1bn $4.4bn $6.3bn $4.0bn $6.6bn $632m
Revenue growth, last 12 months 13.4% −7.6% 8.9% −2.7% 7.8% 10.9% 4.8%
Revenue growth, 3-year average 10.1% 6.8% — 7.8% 6.0% 8.7% 6.8%
Revenue growth, latest quarter 12.2% −4.5% 8.0% 1.8% 5.9% 9.6% 4.4%
Gross margin — 18.8% — 22.2% 32.2% — 43.9%
Operating margin 19.3% 12.1% 1.9% 4.8% 8.8% 18.8% 6.1%
Operating margin, 3-year average 17.2% 9.3% — 5.8% 9.8% 18.4% 6.0%
Net margin 15.8% 8.6% −8.0% 2.3% 5.9% 11.3% 3.1%
Cash from operations / revenue 24.0% 11.2% 12.2% 7.8% 9.9% 24.5% 9.6%
Free-cash-flow margin 18.1% 10.8% 11.5% 6.5% 8.9% 16.7% 7.4%
Free-cash-flow margin, 3-year average 14.3% 8.6% — 6.9% 7.2% 15.9% 8.6%
Stock pay / revenue 3.0% 0.7% 1.8% 0.7% 1.1% 1.4% 2.5%
Change in share count −2.0% −2.5% — −2.6% −14.5% −3.7% 0.5%

Median of all 33 companies we cover in research & consulting services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

33 research & consulting services companies
Measure Company Peer median Rank
Revenue growth Growth 13.4% 4.8% 7 of 33
Change in growth rate Growth +1.1pp +0.6pp 11 of 33
Operating margin Profitability 19.3% 6.1% 3 of 31
Net margin Profitability 15.8% 3.1% 6 of 33
Free-cash-flow margin Cash generation 18.1% 7.4% 2 of 33
Stock pay as % of revenue Cash generation 3.0% 2.6% 19 of 30
Long-term debt as % of assets Balance sheet 44.2% 22.7% 18 of 21
Change in share count Balance sheet -2.0% 0.6% 12 of 30
Days sales outstanding Balance sheet 74 days 63 days 20 of 29

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
US Markets $3.6B 78.0% ▲ 10.5%
International $1B 22.0% ▲ 5.5%

From Transunion's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$15.4B
Institutions reporting
518
Shares held vs prior quarter
▲ 0.2%
Positions opened / closed
57 / 96

Top buyers and sellers, Q2 2026: 233 institutions bought and 304 sold ; the biggest buyer was Dodge & Cox (+8.0M shares) and the biggest seller Wellington Management Group LLP (−4.3M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Dodge & Cox $1.7B 24.2M 11.3% ▲ 49.5%
Blackrock, Inc. $1.4B 19.0M 8.9% ▲ 0.7%
Independent Franchise Partners LLP $1B 14.0M 6.5% ▲ 15.2%
FMR LLC $845M 11.7M 5.5% ▲ 22.1%
Massachusetts Financial Services Co $750M 9.7M 4.9% ▼ 17.2%
Vanguard Capital Management LLC $629M 8.7M 4.1% ▲ 0.9%
Vanguard Portfolio Management LLC $592M 8.2M 3.8% ▼ 0.8%
State Street Corp $513M 7.1M 3.3% ▲ 2.5%
T. Rowe Price Investment Management, Inc. $493M 6.8M 3.2% ▼ 6.4%
Wellington Management Group LLP $476M 6.6M 3.1% ▼ 39.7%
Morgan Stanley $458M 6.4M 3.0% ▼ 8.3%
Citadel Advisors LLC $315M 4.4M 2.0% ▲ 38.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Transunion's complete shareholder register. Values are as reported by the filers ; 3 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $9.5M 36 trades by 8 insiders · 81% under pre-set plans
Net ▼ $9.5M net selling
Insider Date Trade Shares Price Value
Abdelsadek Mohamed EVP, Chief Global Solutions October 16, 2026 Sell pre-set plan 397 $75.00 $29,775
Chaouki Steven M President, US Markets October 15, 2026 Sell pre-set plan 1,000 $70.00 $70,000
Abdelsadek Mohamed EVP, Chief Global Solutions October 15, 2026 Sell pre-set plan 500 $70.00 $35,000
Abdelsadek Mohamed EVP, Chief Global Solutions October 1, 2026 Sell pre-set plan 250 $62.29 $15,572
Skinner Todd C. President, International October 1, 2026 Sell pre-set plan 1,000 $62.29 $62,290
Abdelsadek Mohamed EVP, Chief Global Solutions September 14, 2026 Sell pre-set plan 1,250 $79.07 $98,837
Achanta Venkat EVP, Chief Tech, Data & Analy. September 10, 2026 Sell 23,287 $77.00 $1.8M
Chaouki Steven M President, US Markets September 1, 2026 Sell pre-set plan 1,000 $84.42 $84,420
Skinner Todd C. President, International September 1, 2026 Sell pre-set plan 1,000 $84.42 $84,420
Williams Jennifer A. SVP, Chief Accounting Officer August 31, 2026 Sell pre-set plan 1,070 $84.57 $90,490
Zuiker Alicia Brooke EVP, CHRO August 11, 2026 Sell pre-set plan 8,673 $78.49 $680,744
Chaouki Steven M President, US Markets August 3, 2026 Sell pre-set plan 1,000 $79.96 $79,960

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 10 trades and filings

No trades in Transunion disclosed in the last 12 months; 10 earlier trades on record.

  • Zoe Lofgren(D-CA 18):Sale (full), $1,001 - $15,000, traded May 25, 2023, filed June 6, 2023
  • Susie Lee(D-NV 3):Sale (full), $1,001 - $15,000, traded November 30, 2022, filed December 29, 2022
  • Zoe Lofgren(D-CA 19):Purchase, $1,001 - $15,000, traded September 2, 2021, filed October 7, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 11, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • July 28, 2026
  • April 28, 2026
  • February 12, 2026
  • October 23, 2025
  • July 24, 2025

Recent SEC filings

Data status

When each part of this page on Transunion was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Transunion in brief

What does Transunion do?
Transunion is a US-listed company in the research & consulting services industry. Its financial year ends in December.
What is Transunion's stock ticker?
Transunion trades under the ticker TRU on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Transunion's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Transunion reported revenue of $5B, 13.4% higher than a year earlier, according to its SEC filings.
What is Transunion's free cash flow?
Transunion's free-cash-flow margin is 18.1% of revenue over the trailing twelve months, ranking 2 of the 33 research & consulting services companies we cover.
What is Transunion's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Transunion's free cash flow after stock-based pay gives ~$89 per share in the base case, and ~$61–$130 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Transunion's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Dodge & Cox, Blackrock, Inc. and Independent Franchise Partners LLP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Transunion buying back stock, and does it pay a dividend?
Transunion spent $394M on share repurchases over the trailing twelve months, and its diluted share count fell 2.0% over the year.
What is Transunion's market cap?
On November 2, 2026, Transunion's market capitalisation was about $15.4B, with a price-to-earnings ratio of 19.3 and net debt of $4.6B. Market figures come from third-party market data and may be delayed.
Does Transunion pay a dividend?
Yes: Transunion paid $96.6M in dividends over the trailing twelve months, a dividend yield of 0.64% and a payout ratio of 12.1%.
How much debt does Transunion have?
Transunion's debt-to-equity ratio is 112.5%, from its latest balance sheet (144.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Transunion's competitors?
In our Research & Consulting Services peer group, the companies closest to Transunion are Tetra Tech Inc, NIQ Global Intelligence plc, Parsons Corp, FTI Consulting, Inc and Equifax. The side-by-side comparison below sets their revenue, margins and growth against Transunion's.
Are insiders buying or selling Transunion stock?
Over the last 12 months, Transunion's directors and officers reported 0 open-market purchases and 36 sales on Form 4. The insider trading page charts every trade.
When is Transunion's next earnings date?
Around February 11, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Transunion announces its own schedule.