TransUnion (TRU) intrinsic value & 10-year financials

TransUnion (TRU) has a Graham intrinsic value of $77.06 per share. At $74.08 on Oct 17, 2026, the stock trades 4% below that value. Over the last 10 fiscal years revenue grew 11.6% a year to $4.6B, with an average return on invested capital of 7.0%.

Graham intrinsic value
$77.06
Share price (Oct 17, 2026)
$74.08
Price vs Graham value
4% below
Market cap
$14.6B
Revenue (FY2025)
$4.6B
Revenue growth (10-yr CAGR)
11.6%
ROIC (10-yr avg)
7.0%
Free cash flow (FY2025)
$661.6M

TRU 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $4.6B $455.4M $2.32 $661.6M 18.7% 7.3%
FY2024 $4.2B $284.4M $1.45 $516.7M 15.9% 5.7%
FY2023 $3.8B -$206.2M -$1.07 $334.7M 3.4% 1.4%
FY2022 $3.7B $269.5M $1.40 -$1.0M 17.0% 5.0%
FY2021 $3.0B $1.4B $7.19 $584.1M 21.9% 8.5%
FY2020 $2.7B $343.2M $1.79 $573.3M 20.9% 7.9%
FY2019 $2.7B $346.9M $1.81 $578.2M 22.9% 8.6%
FY2018 $2.3B $276.6M $1.45 $375.6M 22.1% 8.7%
FY2017 $1.9B $441.2M $2.32 $332.7M 24.0% 12.2%
FY2016 $1.7B $120.6M $0.65 $265.9M 17.6% 5.2%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

TransUnion is a consistent compounder, expanding top-line revenue at 11.6% annually over the past decade.

TransUnion has historically struggled to out-earn its cost of capital, averaging just 7.0% ROIC.

Over the decade, TransUnion shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, TransUnion is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $77.06 per share.

TRU stock: frequently asked questions

What is the intrinsic value of TransUnion (TRU) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, TRU's intrinsic value is about $77.06 per share.

Is TRU stock undervalued?

At $74.08 (close on Oct 17, 2026), TRU trades 4% below its Graham value of $77.06. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has TransUnion grown?

Revenue went from $1.7B in fiscal 2016 to $4.6B in fiscal 2025, a compound annual growth rate of 11.6%. Net income was $455.4M in fiscal 2025.

Does TransUnion generate free cash flow?

TransUnion generated $661.6M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 9 of the last 10 reported years.

What is TRU's return on invested capital?

Average ROIC over the last 10 fiscal years was 7.0%, and average return on equity was 14.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this TRU data come from?

From TransUnion's annual 10-K filings on SEC EDGAR, most recently filed Jul 28, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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