NVDA−4.40%AAPL+1.23%GOOGL−3.15%MSFT−2.23%AMZN−4.57%TSM−4.52%SPCX−9.14%META−6.98%
StockVS

NYSE · Utilities - Independent Power Producers · USD

TransAlta Corporation (TAC) Stock Analysis

TransAlta Corporation (TAC) is a Utilities - Independent Power Producers stock listed on NYSE and quoted in US Dollar.

Last Updated: October 22, 2026

TAC

$12.51

−$0.83 (−6.22%)

Oct 22, 2026 · Market close

Compare

Price History

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

Compare TAC with… →

TAC Key Statistics

As of Oct 22, 2026
Trading
Open
$13.34
Previous Close
$13.34
Day's Range
12.43–13.34
52-Week Range
11.38–17.88
Volume
1.80M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.48
Valuation
Market Cap
$3.96B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
29.69
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
6.98
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.75
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.22
Financials (FY)
Revenue (FY)
$2.41B−15.47%
Net Income (FY)
−$138.00M−160.26%
Profit marginThe share of revenue left as profit after all costs and taxes.
−1.01%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
316.30M
1-Year Return
−24.95%
Dividend and dates
Dividend
$0.20+1.47%
Ex-Dividend Date
September 1, 2026
Earnings Date
November 3, 2026
Avg Volume
1.77M

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

Key facts

As of October 22, 2026, TAC closed at $12.51, −24.95% over 1 year.

TransAlta Corporation (TAC) has a market capitalization of $3.96B.

In fiscal 2025, TAC reported revenue of $2.41B.

TAC Stock Return by Calendar Year

TransAlta Corporation (TAC) 10-year return: what $10,000 became

1 year
$10,000 $7,505
−24.95%
5 years
$10,000 $11,716
+17.16%
10 years
$10,000 $32,235
+222.35%

If you had invested $10,000 in TransAlta Corporation (TAC) 10 years ago, at the close on October 21, 2016, it would have been worth $32,235 at the close on October 22, 2026: +222.35% in total, +12.42% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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

YearReturn
2026 (partial year)−0.66%
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 October 22, 2026.

TAC Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$2.41B−$138.00M−5.7%
2024$2.85B$229.00M8.0%
2023$3.36B$695.00M20.7%
2022$2.98B$50.00M1.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$2.41B$1.42B$70.00M−$138.00M−5.7%
2024$2.85B$1.79B$581.00M$229.00M8.0%
2023$3.36B$2.18B$993.00M$695.00M20.7%
2022$2.98B$1.64B$491.00M$50.00M1.7%

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

TAC Dividend History

$0.14−22.3% vs 2024

Dividends per share, 2025 · 3 payments

YearDividends per sharePaymentsChange
2026*$0.102—
2025$0.143−22.3%
2024$0.184+8.0%
2023$0.164+2.5%
YearDividends per sharePaymentsChange
2026 (partial year)$0.102—
2025$0.143−22.3%
2024$0.184+8.0%
2023$0.164+2.5%
2022$0.164+6.8%
2021$0.154+15.6%
2020$0.134+6.7%
2019$0.124+30.4%
2018$0.093−25.8%
2017$0.124+313.3%
2016$0.031—

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 12 stocks
MetricTACUtilities - Independent Power Producers medianvs median
P/S ratio1.752.7737% below
Profit margin−1.01%2.63%3.6 pts below

Medians across 12 Utilities - Independent Power Producers stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 22, 2026.

Recent News

All 9 articles ↓

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

Analysis

Data-derived

Company Overview

TransAlta Corporation (TAC) carries a market capitalisation of $3.96B. 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 $12.51, dated October 22, 2026. That is −$0.83 (−6.22%) against the previous close. The latest close sits 9.93% 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 2.63%. 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 29.69. The PEG ratio, which sets the P/E against expected earnings growth, reads 6.98. Measured against sales, the shares trade at 1.75 times revenue. On price-to-sales that is 36.9% below the Utilities - Independent Power Producers median of 2.77. 12 Utilities - Independent Power Producers companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is −24.95%. Across 10 years the annualized return works out at +12.42%. The reported beta is 0.48. Annualized volatility over the trailing 10 years is 35.73%.

Growth & Income

TAC pays a dividend yielding 1.47%. That is 0.2 percentage points below the Utilities - Independent Power Producers median yield of 1.7%. 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 total return is −0.66%.

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 $3.96B —
Constellation Energy Corporation CEG $96.15B 26.5
Vistra Corp. VST $47.27B 23.8
NRG Energy, Inc. NRG $19.84B 24.7

The Utilities - Independent Power Producers industry average P/E ratio is 26.4x. 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 daily rebuild. Informational only, not financial advice. As of October 22, 2026.

Related Utilities - Independent Power Producers Stocks

CEG

Constellation Energy Corporation

$96.15B

 VST

Vistra Corp.

$47.27B

 NRG

NRG Energy, Inc.

$19.84B

 TLN

Talen Energy Corporation

$15.68B

 CPX.TO

Capital Power Corporation

CA$9.69B

 TA.TO

TransAlta Corporation

CA$5.54B
View all Utilities - Independent Power Producers stocks →

Popular Utilities Stocks

NEE

NextEra Energy, Inc.

$170.84B

 SO

The Southern Company

$107.93B

 DUK

Duke Energy Corporation

$97.77B

 NGG

National Grid plc

$83.08B

 AEP

American Electric Power Company, Inc.

$71.12B
View all Utilities stocks →

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.

Visit website →