
TransAlta Corporation
NYSE•TAC
CEO: Mr. John Harry Kousinioris
Sector: Utilities
Industry: Independent Power Producers
Listing Date: 2001-07-31
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) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
Contact Information
TransAlta Place, Suite 1400 1100 1st Street SE, Calgary, AB, T2G 1B1, Canada
403-267-7110
Market Cap
$5.00B
P/E (TTM)
-61.5
40.5
Dividend Yield
1.1%
52W High
$17.88
52W Low
$7.82
52W Range
2.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q2 2025 Data
Revenue
$312.95M-25.60%
4-Quarter Trend
EPS
-$0.27-311.11%
4-Quarter Trend
FCF
$57.10M+68.08%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Internal Controls Effective Disclosure controls and ICFR deemed effective at reasonable assurance level as of December 31, 2024, confirmed by management evaluation.
Auditor Fees Increased Total fees billed by Ernst & Young LLP rose to $5.40M CAD in 2024, up from $4.48M CAD reported for the 2023 period.
Share Count Finalized 297,483,681 common shares were issued and outstanding at the close of the reporting period ending December 31, 2024.
Annual Filings Complete Confirmed filing of Annual Information Form and Audited Annual Financial Statements for the fiscal year ended December 31, 2024.
Risk Factors
Heartland ICFR Exclusion Evaluation scope excluded Heartland controls due to recent acquisition near year-end December 4, 2024; Heartland represented 8% of total assets.
Forward-Looking Statements Risk Results may materially differ from predictions based on assumptions regarding power prices, regulatory outcomes, and commodity costs.
Operational and Market Risks Key risks include power price fluctuations, supply/demand changes, operational failures, and adverse impacts from climate-change related factors.
Control Inherent Limitations Internal controls provide only reasonable assurance; breakdowns possible due to human diligence lapses or collusion overrides impacting financial reporting.
Outlook
Strategic Value Realization Strategic objectives focus on execution to realize shareholder value through capital allocation and financing strategy implementation plans.
2025 Performance Outlook Management plans include achieving 2025 Outlook targets, optimizing existing assets, and diversifying the increasingly contracted nature of the fleet.
Growth Expansion Opportunities Expectations include strategies for growth, expansion, Centralia redevelopment, and securing data centre opportunities moving forward into 2025.
Sustainability Targets Focus Company sustainability objectives and targets are set, detailed within the 2024 Sustainability Report for review by stakeholders.
Peer Comparison
Revenue (TTM)
$29.37B
$22.32B
$4.16B
Gross Margin (Latest Quarter)
TAC77.1%
IDA76.9%
TXNM46.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| VST | $64.17B | 26.9 | 46.2% | 47.3% |
| NRG | $33.50B | 65.0 | 20.7% | 46.1% |
| ELP | $8.04B | 3.3 | 11.8% | 33.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-12.5%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Reports
All Years
Form 40-F - FY 2024
Period End: Dec 31, 2024|Filed: Feb 20, 2025|Revenue: $2.08B-15.2%|EPS: $0.44-74.2%MissForm 40-F - FY 2023
Period End: Dec 31, 2023|Filed: Feb 23, 2024|Revenue: $2.49B+12.7%|EPS: $1.73+294.9%MissForm 40-F - FY 2022
Period End: Dec 31, 2022|Filed: Feb 23, 2023|Revenue: $2.29B+9.4%|EPS: $0.45+137.6%MissForm 40-F - FY 2021
Period End: Dec 31, 2021|Filed: Feb 24, 2022|Revenue: $2.17B+29.5%|EPS: $-1.25-70.7%MissForm 40-F - FY 2020
Period End: Dec 31, 2020|Filed: Mar 3, 2021|Revenue: $1.56B-10.5%|EPS: $-0.69-248.4%Miss