Price History

Hover for the daily close. The dotted line marks the period open.

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TAC Key Statistics

As of Sep 4, 2026

Trading

Open: $11.79
Previous Close: $11.81
Day's Range: 11.75–12.08
52-Week Range: 11.38–17.88
Volume: 1.05M
Beta: 0.46

Valuation

Market Cap: $3.78B
P/E Ratio: unprofitable
Forward P/E: 29.72
PEG Ratio: 6.98
P/S ratio: 1.67
EPS (ttm): −0.22

Financials (FY)

Revenue (FY): $2.41B−15.47%
Net Income (FY): −$138.00M−160.26%
Profit margin: −1.01%
Shares Outstanding: 316.30M
1-Year Return: −0.96%

Dividend and dates

Dividend: $0.20+1.68%
Ex-Dividend Date: September 1, 2026
Earnings Date: November 5, 2026
Avg Volume: 1.78M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

TAC Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−29.53%+77.04%−5.03%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−5.03%
2025	−9.53%
2024	+73.96%
2023	−5.64%
2022	−18.03%
2021	+48.81%
2020	+8.06%
2019	+77.04%
2018	−29.53%
2017	+10.53%
2016 (partial year)	+17.73%

As of September 4, 2026.

TAC Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$2.41B	−$138.00M	−5.7%
2024	$2.85B	$229.00M	8.0%
2023	$3.36B	$695.00M	20.7%
2022	$2.98B	$50.00M	1.7%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$2.41B	$1.42B	$70.00M	−$138.00M	−5.7%
2024	$2.85B	$1.79B	$581.00M	$229.00M	8.0%
2023	$3.36B	$2.18B	$993.00M	$695.00M	20.7%
2022	$2.98B	$1.64B	$491.00M	$50.00M	1.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

TAC Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.14−22.3% vs 2024

Dividends per share, 2025 · 3 payments

Year	Dividends per share	Payments	Change
2026*	$0.10	2	—
2025	$0.14	3	−22.3%
2024	$0.18	4	+8.0%
2023	$0.16	4	+2.5%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.10	2	—
2025	$0.14	3	−22.3%
2024	$0.18	4	+8.0%
2023	$0.16	4	+2.5%
2022	$0.16	4	+6.8%
2021	$0.15	4	+15.6%
2020	$0.13	4	+6.7%
2019	$0.12	4	+30.4%
2018	$0.09	3	−25.8%
2017	$0.12	4	+313.3%
2016	$0.03	1	—

Most recent payment: $0.05 per share, ex-dividend September 1, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

TAC Valuation vs Utilities - Independent Power Producers Median

Median of 11 stocks

Metric	TAC	Utilities - Independent Power Producers median	vs median
P/S ratio	1.67	3.00	44% below
Profit margin	−1.01%	2.56%	3.6 pts below

Medians across 11 Utilities - Independent Power Producers stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

TransAlta Corporation (TAC) carries a market capitalisation of $3.78B. The company sits in the Utilities sector, in the Utilities - Independent Power Producers industry. Headcount on file is 1,350.

Over the past 52 weeks the price has ranged from $11.38 to $17.88. The most recent close on file for TAC is $11.96, dated September 4, 2026. That is +$0.15 (+1.27%) against the previous close. The latest close sits 5.1% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $2.41B. That is −15.47% against the prior fiscal year, when revenue was $2.85B. The same year closed with a net loss of $138.00M. The reported profit margin is −1.01%. That is 3.6 percentage points below the Utilities - Independent Power Producers median of 2.56%. Trailing earnings per share are −0.22.

Across the 4 fiscal years on file, revenue moves from $2.98B in 2022 to $2.41B in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. On forward earnings the ratio is 29.72. The PEG ratio, which sets the P/E against expected earnings growth, reads 6.98. Measured against sales, the shares trade at 1.67 times revenue. On price-to-sales that is 44.31% below the Utilities - Independent Power Producers median of 3. 11 Utilities - Independent Power Producers companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned −0.96%. Across 10 years the annualized return works out at +12.31%. The reported beta is 0.46. Annualized volatility over the trailing 10 years is 35.56%.

Growth & Income

TAC pays a dividend yielding 1.68%. The indicated annual rate is $0.20 a share. The ex-dividend date on file is September 1, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.10 a share. The year before, 2025, totalled $0.14 a share.

Across the complete calendar years on file, 2019 returned +77.04% and 2018 returned −29.53%. Of the 9 complete calendar years on file, 5 finished higher. So far in 2026 the price is −5.03%.

Peer Comparison

TransAlta Corporation (TAC) operates in the Utilities - Independent Power Producers industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
TransAlta Corporation	TAC	$3.78B	—
Constellation Energy Corporation	CEG	$105.92B	29.3
Vistra Corp.	VST	$50.11B	25.2
NRG Energy, Inc.	NRG	$25.02B	29.2

The Utilities - Independent Power Producers industry average P/E ratio is 29.3x. TransAlta Corporation has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About TransAlta Corporation

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, the Unites States, and Western Australia, as well as battery storage facilities. The Gas segment has a net ownership interest of approximately 4834 MW located in Alberta, Canada, the Unites States, and Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW located in the United States, as well as operates the Skookumchuck hydro facility in Centralia. The Energy Marketing segment is involved in the trading of electricity, natural gas, and environmental products. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

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TransAlta Corporation (TAC) Stock Analysis