TransAlta Corporation (TAC)

TransAlta Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,507	2,845	3,355	2,976	2,721	2,101
Revenue Growth (YoY)	-20.91%	-15.20%	12.73%	9.37%	29.51%	-10.48%
Fuel & Purchased Power	912	939	1,060	1,263	1,054	805
Operations & Maintenance	700	632	518	501	497	457
Depreciation & Amortization	572	531	621	599	529	654
Other Operating Expenses	105	136	82	20	226	203
Total Operating Expenses	2,289	2,238	2,281	2,383	2,306	2,119
Operating Income	218	607	1,074	593	415	-18
Interest Expense	-356	-324	-281	-286	-256	-192
Interest Income	45	44	71	43	36	17
Net Interest Expense	-311	-280	-210	-243	-220	-175
Income (Loss) on Equity Investments	4	5	4	9	9	1
Currency Exchange Gain (Loss)	-10	5	-7	4	16	17
Other Non-Operating Income (Expenses)	-1	-	-	-	-	-56
EBT Excluding Unusual Items	-100	337	861	363	220	-231
Restructuring Charges	-	-	-	-	-611	-70
Gain (Loss) on Sale of Assets	1	4	4	52	54	9
Asset Writedown	-23	-22	14	-62	-43	-11
Insurance Settlements	-	-	1	-	-	-
Other Unusual Items	34	-	-	-	-	-
Pretax Income	-88	319	880	353	-380	-303
Income Tax Expense	41	80	84	192	45	-50
Earnings From Continuing Ops.	-129	239	796	161	-425	-253
Minority Interest in Earnings	14	-10	-101	-111	-112	-34
Net Income	-115	229	695	50	-537	-287
Preferred Dividends & Other Adjustments	52	52	51	46	39	49
Net Income to Common	-167	177	644	4	-576	-336
Net Income Growth	-	-67.05%	1290.00%	-	-	-
Shares Outstanding (Basic)	298	302	276	271	271	275
Shares Outstanding (Diluted)	298	302	276	271	271	275
Shares Change (YoY)	0.51%	9.42%	1.85%	-	-1.46%	-2.83%
EPS (Basic)	-0.56	0.59	2.33	0.01	-2.13	-1.22
EPS (Diluted)	-0.56	0.59	2.33	0.01	-2.13	-1.22
EPS Growth	-	-74.88%	15708.49%	-	-	-
Free Cash Flow	318	485	589	-41	521	216
Free Cash Flow Per Share	1.07	1.61	2.13	-0.15	1.92	0.79
Dividend Per Share	0.245	0.240	0.220	0.210	0.190	0.172
Dividend Growth	6.52%	9.09%	4.76%	10.53%	10.14%	7.81%
Profit Margin	-6.66%	6.22%	19.20%	0.13%	-21.17%	-15.99%
Free Cash Flow Margin	12.68%	17.05%	17.56%	-1.38%	19.15%	10.28%
EBITDA	818	1,161	1,710	1,241	1,166	810
EBITDA Margin	32.63%	40.81%	50.97%	41.70%	42.85%	38.55%
D&A For EBITDA	600	554	636	648	751	828
EBIT	218	607	1,074	593	415	-18
EBIT Margin	8.70%	21.34%	32.01%	19.93%	15.25%	-0.86%
Effective Tax Rate	-	25.08%	9.54%	54.39%	-	-

Updated Aug 1, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q