TransAlta Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,405	2,845	3,355	2,976	2,721
Revenue Growth (YoY)	-15.47%	-15.20%	12.73%	9.37%	29.51%
Fuel and Purchased Power Expense	935	939	1,060	1,263	1,054
Operations and Maintenance Expenses	50	112	112	78	178
Gross Profit	1,420	1,794	2,183	1,635	1,489
Depreciation & Amortization Expenses	579	531	621	599	529
Taxes Other than Income Tax	50	36	29	33	32
Other Operating Expenses	651	642	444	472	1,167
Operating Income	140	585	1,089	531	-239
Interest Income	57	49	75	52	45
Interest Expense	-347	-324	-281	-286	-256
Other Non-Operating Income (Expense)	9	9	-3	56	70
Total Non-Operating Income (Expense)	-281	-266	-209	-178	-141
Pretax Income	-141	319	880	353	-380
Provision for Income Taxes	17	80	84	192	45
Net Income	-190	177	644	4	-576
Minority Interest in Earnings	-20	10	101	111	112
Net Income Attributable to Preferred Dividends	52	52	51	46	39
Net Income to Common	-190	177	644	4	-576
Net Income Growth	-	-72.52%	16000.00%	-	-
Shares Outstanding (Basic)	297	302	276	271	271
Shares Outstanding (Diluted)	297	302	276	271	271
Shares Change (YoY)	-1.66%	9.42%	1.85%	-	-1.46%
EPS (Basic)	-0.64	0.59	2.33	0.01	-2.13
EPS (Diluted)	-0.64	0.59	2.33	0.01	-2.13
EPS Growth	-	-74.68%	23200.00%	-	-
Free Cash Flow	397	485	589	-41	521
Free Cash Flow Growth	-18.14%	-17.66%	-	-	141.20%
Free Cash Flow Per Share	1.34	1.61	2.13	-0.15	1.92
Dividends Per Share	0.260	0.240	0.220	0.210	0.190
Dividend Growth	8.33%	9.09%	4.76%	10.53%	10.14%
Gross Margin	59.04%	63.06%	65.07%	54.94%	54.72%
Operating Margin	5.82%	20.56%	32.46%	17.84%	-8.78%
Profit Margin	-6.57%	8.40%	23.73%	5.41%	-15.62%
FCF Margin	16.51%	17.05%	17.56%	-1.38%	19.15%
EBITDA	719	1,116	1,710	1,130	480
EBITDA Margin	29.90%	39.23%	50.97%	37.97%	17.64%
EBIT	140	585	1,089	531	-239
EBIT Margin	5.82%	20.56%	32.46%	17.84%	-8.78%
Effective Tax Rate	-12.06%	25.08%	9.55%	54.39%	-11.84%

Updated Feb 27, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q