TransAlta Corp (TAC)

Official site

UTILITIES • UTILITIES - INDEPENDENT POWER PRODUCERS • NYSE

$12.68

+0.02 (+0.12%)

Market Cap: $4.06B

Last updated: Oct 16, 2026 at 5:00 PM ET

Earnings

Performance (10Y)

Beat Rate

46%(18/39)

Avg Surprise

-155.13%

Streak

2 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.09

Range$0.09 - $0.09

1 analysts

EPS RevisionsNo revisions (7d)

30d

EPS Estimate DriftChange to current

90d ago$0.06+56.5%

60d ago$0.04+125.0%

30d ago$0.090.0%

7d ago$0.090.0%

Current$0.09

Revenue Consensus

Range$0 - $0

0 analysts

Period ending Dec 31, 2026

EPS Consensus$0.10

Range$-0.03 - $0.21

4 analysts

Revenue Consensus

$2.1B

Range$2.0B - $2.2B

2 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.10	$-0.03 - $0.21	-	-	4	-	-
Sep 30, 2026Sep 26EST	-	$0.09	$0.09 - $0.09	-	-	1	0 1 30d	-
Jun 30, 2026Jun 26 Reported Jul 31, 2026Reported Jul 31	$0.13	$0.11	$0.09 - $0.25	+18.18%	Beat	5	1 0 30d	-27.8%
Mar 31, 2026Mar 26 Reported May 6, 2026Reported May 6	$0.06	$-0.01	$-0.08 - $0.02	+700.00%	Beat	4	0 1 30d	-40.0%
Dec 31, 2025Dec 25 Reported Feb 27, 2026Reported Feb 27	$-0.06	N/A	-	-147.06%	Miss	4	No revisions (30d)	+81.7%
Sep 30, 2025Sep 25 Reported Nov 6, 2025Reported Nov 6	$-0.02	N/A	-	-125.00%	Miss	3	0 1 30d	+77.6%
Jun 30, 2025Jun 25 Reported Aug 1, 2025Reported Aug 1	$0.18	$0.11	$0.03 - $0.17	+63.64%	Beat	7	1 0 30d	-21.7%
Mar 31, 2025Mar 25 Reported May 7, 2025Reported May 7	$0.10	$0.14	$0.05 - $0.24	-28.57%	Miss	7	0 1 30d	-78.7%
Dec 31, 2024Dec 24 Reported Feb 20, 2025Reported Feb 20	$-0.33	$0.04	$-0.03 - $0.09	-972.27%	Miss	4	1 3 30d	-21.1%
Sep 30, 2024Sep 24 Reported Nov 5, 2024Reported Nov 5	$-0.09	$0.14	$0.12 - $0.17	-163.71%	Miss	3	0 1 30d	-107.4%
Jun 30, 2024Jun 24 Reported Aug 1, 2024Reported Aug 1	$0.23	$0.10	$0.08 - $0.12	+130.00%	Beat	3	2 0 30d	-17.9%
Mar 31, 2024Mar 24 Reported May 3, 2024Reported May 3	$0.47	$0.15	$0.03 - $0.18	+213.33%	Beat	4	2 0 30d	-52.5%
Dec 31, 2023Dec 23 Reported Feb 23, 2024Reported Feb 23	$-0.27	$0.19	$0.10 - $0.21	-242.11%	Miss	4	No revisions (30d)	+55.7%
Sep 30, 2023Sep 23 Reported Nov 7, 2023Reported Nov 7	$1.21	$0.51	$0.46 - $0.62	+137.25%	Beat	4	1 0 30d	+55.1%
Jun 30, 2023Jun 23 Reported Aug 4, 2023Reported Aug 4	$0.28	$0.18	$0.01 - $0.20	+55.56%	Beat	6	3 0 30d	+800.0%
Mar 31, 2023Mar 23 Reported May 5, 2023Reported May 5	$0.99	$0.20	$0.11 - $0.22	+395.00%	Beat	4	4 0 30d	+371.4%
Dec 31, 2022Dec 22 Reported Feb 23, 2023Reported Feb 23	$-0.61	$0.52	$0.30 - $0.54	-217.31%	Miss	3	4 0 30d	-110.3%
Sep 30, 2022Sep 22 Reported Nov 8, 2022Reported Nov 8	$0.78	$0.40	$0.32 - $0.46	+95.00%	Beat	4	2 0 30d	+1850.0%
Jun 30, 2022Jun 22 Reported Aug 5, 2022Reported Aug 5	$-0.04	$0.06	$0.06 - $0.06	-166.67%	Miss	0	No revisions (30d)	+20.0%
Mar 31, 2022Mar 22 Reported May 6, 2022Reported May 6	$0.21	$0.13	$-0.10 - $0.13	+61.54%	Beat	7	0 1 30d	+290.9%
Dec 31, 2021Dec 21 Reported Feb 24, 2022Reported Feb 24	$-0.29	$0.08	$0.00 - $0.12	-462.50%	Miss	4	2 0 30d	-7.4%
Sep 30, 2021Sep 21 Reported Nov 9, 2021Reported Nov 9	$0.04	N/A	-	-71.43%	Miss	6	3 0 30d	+123.5%
Jun 30, 2021Jun 21 Reported Aug 10, 2021Reported Aug 10	$-0.05	$-0.01	-	-400.00%	Miss	-	-	+64.3%
Mar 31, 2021Mar 21 Reported May 13, 2021Reported May 13	$-0.11	$0.06	-	-283.33%	Miss	-	-	-175.0%
Dec 31, 2020Dec 20 Reported Mar 3, 2021Reported Mar 3	$-0.27	$-0.10	-	-170.00%	Miss	-	-	-237.5%
Sep 30, 2020Sep 20 Reported Nov 4, 2020Reported Nov 4	$-0.17	$-0.09	-	-88.89%	Miss	-	-	-183.3%
Jun 30, 2020Jun 20 Reported Jul 31, 2020Reported Jul 31	$-0.14	$-0.16	-	+12.50%	Beat	-	-	-
Mar 31, 2020Mar 20 Reported May 12, 2020Reported May 12	$-0.04	N/A	-	+66.67%	Beat	-	-	+82.6%
Dec 31, 2019Dec 19 Reported Mar 4, 2020Reported Mar 4	$-0.08	$-0.07	-	-14.29%	Miss	-	-	+81.4%
Sep 30, 2019Sep 19 Reported Nov 7, 2019Reported Nov 7	$-0.06	$-0.07	-	+14.29%	Beat	-	-	+80.0%
Jun 30, 2019Jun 19 Reported Aug 9, 2019Reported Aug 9	$0.00	N/A	-	+100.00%	Beat	-	-	+100.0%
Mar 31, 2019Mar 19 Reported May 14, 2019Reported May 14	$-0.23	$-0.07	-	-228.57%	Miss	-	-	-200.0%
Dec 31, 2018Dec 18 Reported Feb 27, 2019Reported Feb 27	$-0.43	$0.08	-	-637.50%	Miss	8	3 0 30d	-290.9%
Sep 30, 2018Sep 18 Reported Oct 31, 2018Reported Oct 31	$-0.30	$-0.07	-	-328.57%	Miss	-	-	-233.3%
Jun 30, 2018Jun 18 Reported Aug 3, 2018Reported Aug 3	$-0.36	$-0.01	-	-3500.00%	Miss	-	-	-500.0%
Mar 31, 2018Mar 18 Reported May 8, 2018Reported May 8	$0.23	$0.09	$-0.01 - $0.09	+155.56%	Beat	2	No revisions (30d)	-4.2%
Dec 31, 2017Dec 17 Reported Mar 1, 2018Reported Mar 1	$-0.11	$0.03	$-0.06 - $0.05	-466.67%	Miss	6	No revisions (30d)	-161.1%
Sep 30, 2017Sep 17 Reported Oct 31, 2017Reported Oct 31	$-0.09	$-0.07	$-0.12 - $0.01	-28.57%	Miss	8	3 0 30d	-
Jun 30, 2017Jun 17 Reported Aug 9, 2017Reported Aug 9	$-0.06	$-0.07	$-0.14 - $-0.03	+14.29%	Beat	7	No revisions (30d)	-
Mar 31, 2017Mar 17 Reported May 5, 2017Reported May 5	$0.24	$0.05	-	+380.00%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Mar 3, 2017Reported Mar 3	$0.18	$0.10	-	+80.00%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield1.61%

Forward Annual Dividend$0.20

Payout Ratio12.25%

Pay MonthsFeb, Jul, Oct, Dec

Growth

3Y CAGR+4.92%

5Y CAGR+7.35%

TAC dividend history and ex-dividend dates Run TAC in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	165.43	EV/EBITDA	11.41x
Price/FCF	11.71x	FCF Yield	8.54%
Profitability
Profit Margin	-1.01%	Operating Margin	33.30%
ROE	-1.42%	ROIC	3.15%
Financial Health
Debt/Equity	2.38x	Interest Coverage	1.06x
Current Ratio	0.84x	Quick Ratio	0.77x
Trading Statistics
Beta	0.48	Avg Volume	1.51M
52-Week High	$17.62	52-Week Low	$11.29

Technical Indicators Dashboard

Moving Averages

SMA 10$12.84

SMA 20$12.40

SMA 50$12.29

SMA 200$12.85

EMA 10$12.74

EMA 20$12.55

EMA 50$12.49

EMA 200$12.72

MACD

Line: 0.20Signal: 0.14Hist: 0.06

ADX

ADX: 17.6+DI: 22.6-DI: 23.1

Aroon & PSAR

Aroon Up92.0

Aroon Down48.0

PSAR$13.27

Bollinger Bands

Upper Band$13.44

Lower Band$11.36

%B Position1684%(Upper)

Band Width0.63

RSI (14-Day)

Neutral

53.3

Momentum Oscillators

Stoch %K77.4

Stoch %D84.8

Williams %R-32.2

ROC (10d)3.7%

Momentum0.46

CCI (20d)28.2

MFI (14d)71.3

Volatility Measures

ATR (14d)$0.39(3.1%)

StdDev (20d)0.52

Hist Vol34.1%(Moderate)

Volume Flow

VWAP$12.57

OBV23.4M

AD Line-304.6M

CMF (20d)0.095

Volume Metrics

Avg Vol (20d)1.5M

Vol Ratio1.6x(High)

VWMA (20d)$12.39

Pivot Points

R3$13.70

R2$13.46

R1$13.06

Pivot Point$12.81

S1$12.41

S2$12.17

S3$11.77

Advanced Oscillators

TSI13.43

Ultimate Osc55.6

KST49.96

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$487.00M	$566.46M	$598.51M	$615.00M	$433.00M	$758.00M	$678.00M	$638.00M	$582.00M	$947.00M	$624.00M	$1.02B
Cost of Revenue	$54.00M	$322.83M	$460.62M	$441.00M	$99.00M	$326.00M	$288.00M	$254.00M	$146.00M	$363.00M	$305.00M	$297.00M
Gross Profit	$433.00M	$243.63M	$137.89M	$174.00M	$334.00M	$432.00M	$390.00M	$384.00M	$436.00M	$584.00M	$319.00M	$720.00M

Operating Expenses	$290.00M	$219.57M	$227.81M	$163.00M	$336.00M	$332.00M	$384.00M	$293.00M	$277.00M	$255.00M	$298.00M	$210.00M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$88.00M	$99.00M	$83.00M	$81.00M	$77.00M	$76.00M	$95.00M	$67.00M	$69.00M	$65.00M	$63.00M	$61.00M
Operating Income	$143.00M	$24.06M	$-89,926,654	$11.00M	$-2,000,000	$100.00M	$6.00M	$91.00M	$159.00M	$329.00M	$21.00M	$510.00M

Interest Income	$13.00M	$14.00M	$16.00M	$13.00M	$73.00M	$11.00M	$16.00M	$7.00M	$12.00M	$9.00M	$14.00M	$18.00M
Interest Expense	$67.00M	$69.18M	$65.95M	$67.00M	$68.00M	$69.00M	$68.00M	$65.00M	$66.00M	$42.08M	$41.50M	$43.43M
Income Before Tax	$80.00M	$23.06M	$-41,965,771	$-53,000,000	$-95,000,000	$49.00M	$-51,000,000	$9.00M	$94.00M	$267.00M	$-35,000,000	$453.00M
Income Tax Expense	$28.00M	$6.02M	$-1,998,370	$1.00M	$11.00M	$7.00M	$-8,000,000	$31.00M	$28.00M	$29.00M	$19.00M	$34.00M

Net Income	$49.00M	$13.03M	$-35,970,662	$-49,000,000	$-99,000,000	$46.00M	$-39,000,000	$-23,000,000	$69.00M	$222.00M	$-59,000,000	$386.00M

EBITDA	$252.00M	$210.54M	$171.98M	$173.00M	$123.00M	$264.00M	$160.00M	$207.00M	$291.00M	$442.00M	$148.00M	$646.00M
EBIT	$147.00M	$92.24M	$23.98M	$25.00M	$-27,000,000	$118.00M	$17.00M	$74.00M	$160.00M	$318.00M	$16.00M	$506.00M

* Some calculated fields are derived from available data when not provided by source

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News

A Look at TransAlta Corp (TAC) After 4.2% Decline -- GF Value $8

TransAlta Corp (TAC) recently experienced a 4.2% stock decline, bringing its current price to $12.66, significantly above its GF Value™ of $8.11, indicating a 56.1% overvaluation. The company's GF Score™ is 50/100...

GuruFocus•Oct 14, 2026 2:59 PM ET10/14/26•Bearish

TAC.GD Bond Profile: Coupon and Redemption

This article provides a detailed profile of the TransAlta Corporation (TAC.GD) bond, including key facts about its issuance, maturity, and financial specifications. It outlines the bond's interest payment structure...

TradingView•Oct 14, 2026 12:13 PM ET10/14/26•Neutral

US89346DAE76 Bond Profile: Coupon and Redemption

This article provides a detailed profile of the TransAlta Corporation 6.5% 15-MAR-2040 bond (US89346DAE76), outlining key facts such as issuer, issue and maturity dates, face value...

TradingView•Oct 14, 2026 7:10 AM ET10/14/26•Neutral

TransAlta Corporation (TAC) Stock Forecasts

This article provides a stock forecast for TransAlta Corporation (TAC), an independent power producer. Argus has raised its target price for TAC to $11.00. The company operates a diverse fleet of electrical power...

Yahoo! Finance Canada•Oct 10, 2026 1:10 AM ET10/10/26•Bullish

Q3 2025 TransAlta Corp Earnings Call Transcript

TransAlta Corp (TAC) reported solid Q3 2025 performance with adjusted EBITDA of $238 million and free cash flow of $105 million...

GuruFocus•Oct 8, 2026 7:12 PM ET10/8/26•Neutral

TAC Valuation and Fair Value

P/E: 165.4x
Forward P/E: 26.6x
EV/EBITDA: 11.4x
P/FCF: 11.7x
PEG: 7.0x
P/B: 3.1x

See GNG's fair value

TAC Profitability: Margins, ROIC and FCF

Gross margin: 43.3%
Operating margin: 33.3%
Net margin: -1.0%
ROIC: 3.1%
ROE: -1.4%
FCF margin: 27.8%
FCF yield: 8.5%

TAC Competitors

Company	Ticker
NorthWestern Corporation	NWE
Algonquin Power & Utilities Corp	AQN
Brookfield Infrastructure Corp	BIPC
MDU Resources Group Inc	MDU
One Gas Inc	OGS
Chesapeake Utilities Corporation	CPK
Spire Inc	SR
American States Water Company	AWR

Sector: Utilities

TAC Analyst Ratings

Consensus: Buy
Analysts: 11
Strong Buy: 4
Buy: 5
Hold: 1
Sell: 0
Strong Sell: 1

TAC Bull Case vs Bear Case

Bull case

TAC converts 27.8% of revenue into free cash flow.
TAC grew quarterly revenue 12.5% year over year.
81.8% of TAC's analyst ratings are Buy or Strong Buy.

Bear case

TAC trades at 165.4x trailing earnings.
TAC has a -1.0% net profit margin.
TAC beat EPS estimates in 37.5% of its last 8 reported quarters.

TAC Earnings: Beat Rate and Next Report

Beat rate: 3 of 8 quarters (37.5%)
Average surprise: -81.8%
EPS estimate (fiscal period ending Sep 30, 2026): $0.09
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 0 up, 1 down

TAC Dividend

Forward yield: 1.6%
Payout ratio: 12.2%
3Y DPS growth: 4.9%
5Y DPS growth: 7.4%
Pay months: Feb, Jul, Oct, Dec

TAC dividend history

Frequently Asked Questions About TAC

What is TAC's current dividend yield?

TransAlta Corp (TAC) has a forward dividend yield of 1.61%.

Does TAC pay dividends?

Yes, TransAlta Corp pays dividends with a forward dividend yield of 1.61%.

What is TAC's P/E ratio?

TransAlta Corp has a price-to-earnings (P/E) ratio of 165.43.

What is TAC's market cap?

TransAlta Corp (TAC) has a market capitalization of $4.06B with a current stock price of $12.68.

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