Group 1: Company Overview - Transurban Group specializes in managing and developing urban toll road networks across Australia, Canada, and the United States, holding interests in 22 urban motorways including CityLink in Melbourne and the Hills M2 in Sydney [1][2] - Fortescue Ltd is a leading iron ore production and exploration company, primarily focusing on iron ore production with over 190 million tonnes shipped annually, and expanding exploration efforts for key materials such as copper, rare earths, and lithium [3][4] Group 2: Financial Metrics - For FY24, Transurban Group reported a debt/equity ratio of 175.1%, indicating high leverage, with an average dividend yield of 3.6% over the last 5 years and a return on equity (ROE) of 3.0% [5][6][7] - Fortescue Ltd reported a debt/equity ratio of 27.6% in FY24, indicating more equity than debt, with an average dividend yield of 10.5% since 2019 and an ROE of 30.2% [7]

Core Viewpoint - Transurban Group (ASX:TCL) has seen a share price increase of 7.59% since January 2025, indicating potential investment interest due to its strong revenue growth despite a decline in profit [1][2][13] Company Overview - Transurban, established in 1999, specializes in managing and developing urban toll road networks across Australia, Canada, and the United States [2] - The company has interests in 22 urban motorways, including notable ones like CityLink in Melbourne, Hills M2 in Sydney, and Logan Motorway in Brisbane [2] Financial Performance - The latest reported annual revenue for Transurban was $4,119 million, with a compound annual growth rate (CAGR) of 12.6% over the past three years [5] - The gross margin reported was 57.0%, indicating a strong profitability from core services before overhead costs [6] - Transurban reported a profit of $326 million for the last financial year, which represents a significant decline with a CAGR of -53.8% compared to three years ago when the profit was $3,303 million [7] Financial Health - The current net debt for Transurban stands at $18,018 million, indicating a substantial amount of debt [8] - The debt/equity ratio is 175.1%, suggesting that the company has more debt than equity, which can introduce higher risk, especially if revenue stability is not maintained [10] - The return on equity (ROE) for FY24 was 3.0%, reflecting the company's ability to generate profit relative to its total equity [11] Investment Consideration - Given the strong revenue growth over the last three years, Transurban may be a candidate for investment consideration, although the negative profit trend warrants further investigation into its financial health and growth potential [13]

Group 1: Transurban Group (TCL) - Transurban Group's share price has increased by 7.9% since the beginning of 2025 [1] - The company manages and develops urban toll road networks in Australia, Canada, and the United States, with interests in 22 urban motorways [1][2] - Transurban's notable motorways include CityLink in Melbourne, Hills M2 in Sydney, and Logan Motorway in Brisbane [1] Group 2: Financial Performance and Valuation - Transurban has a current dividend yield of approximately 4.28%, which is higher than its 5-year average of 3.64%, indicating potential growth in dividends [5] - The annual report shows that last year's dividend was greater than the 3-year average, suggesting that dividends have been increasing [5] Group 3: Fortescue Ltd (FMG) - Fortescue Ltd is a leading iron ore production and exploration company, shipping over 190 million tonnes annually [3] - The company is expanding its exploration efforts across multiple countries, targeting materials such as copper, rare earths, and lithium [3] - FMG offers a historical dividend yield of around 10.44%, which is comparable to its 5-year average of 10.52% [6]