TransAlta Corporation (TAC)
NYSE: TAC · Real-Time Price · USD
13.12
-0.22 (-1.65%)
At close: Nov 5, 2026, 4:00 PM EST
13.01
-0.11 (-0.84%)
After-hours: Nov 5, 2026, 7:42 PM EST
TransAlta Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 536 | 487 | 565 | 599 | 615 | 433 | 758 | 678 | 638 | 582 | 947 | 624 | 1,017 | 625 | 1,089 | 854 | 929 | 458 | 735 | 610 | |
Revenue Growth (YoY) | -12.85% | 12.47% | -25.46% | -11.65% | -3.60% | -25.60% | -19.96% | 8.65% | -37.27% | -6.88% | -13.04% | -26.93% | 9.47% | 36.46% | 48.16% | 40.00% | 9.29% | -26.01% | 14.49% | 12.13% |
Fuel & Purchased Power | 136 | 106 | 165 | 258 | 227 | 173 | 277 | 249 | 213 | 154 | 323 | 278 | 269 | 188 | 325 | 446 | 348 | 231 | 238 | 266 |
Operations & Maintenance | 171 | 168 | 169 | 119 | 178 | 172 | 169 | 181 | 142 | 140 | 134 | 129 | 131 | 134 | 124 | 137 | 135 | 117 | 112 | 116 |
Depreciation & Amortization | 104 | 105 | 105 | 148 | 135 | 150 | 146 | 143 | 133 | 131 | 124 | 132 | 140 | 173 | 176 | 188 | 179 | 115 | 117 | 134 |
Other Operating Expenses | -25 | -54 | 34 | 4 | 40 | -74 | 56 | 59 | 55 | -11 | 33 | 65 | -39 | 24 | 28 | 50 | 61 | -46 | -32 | 53 |
Total Operating Expenses | 386 | 325 | 473 | 529 | 580 | 421 | 648 | 632 | 543 | 414 | 614 | 604 | 501 | 519 | 653 | 821 | 723 | 417 | 435 | 569 |
Operating Income | 150 | 162 | 92 | 70 | 35 | 12 | 110 | 46 | 95 | 168 | 333 | 20 | 516 | 106 | 436 | 33 | 206 | 41 | 300 | 41 |
Interest Expense | -75 | -84 | -82 | -81 | -85 | -88 | -93 | -92 | -83 | -80 | -69 | -66 | -69 | -72 | -74 | -124 | -53 | -54 | -55 | -57 |
Interest Income | 14 | 13 | 14 | 16 | 13 | 11 | 11 | 16 | 7 | 12 | 9 | 14 | 18 | 20 | 19 | 14 | 11 | 10 | 8 | 9 |
Net Interest Expense | -61 | -71 | -68 | -65 | -72 | -77 | -82 | -76 | -76 | -68 | -60 | -52 | -51 | -52 | -55 | -110 | -42 | -44 | -47 | -48 |
Income (Loss) on Equity Investments | -1 | 1 | 3 | 4 | -1 | 1 | 2 | 2 | -1 | 3 | 1 | 3 | - | -1 | 2 | 4 | 1 | 2 | 2 | 4 |
Currency Exchange Gain (Loss) | 4 | 6 | -2 | -3 | 3 | -17 | -4 | 17 | -6 | -1 | -5 | -7 | -5 | 8 | -3 | -13 | 6 | 9 | 2 | -6 |
Other Non-Operating Income (Expenses) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 47 | -20 | -12 | -15 | -5 |
EBT Excluding Unusual Items | 92 | 98 | 25 | 6 | -35 | -81 | 26 | -11 | 12 | 102 | 269 | -36 | 460 | 61 | 380 | -39 | 151 | -4 | 242 | -14 |
Restructuring Charges | - | -7 | -11 | -15 | - | - | - | - | - | - | - | - | - | - | - | -1 | - | - | - | -45 |
Total Merger & Restructuring Charges | -3 | - | -1 | -1 | -1 | -1 | -4 | -16 | -1 | -4 | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | 12 | - | -2 | -9 | 3 | - | -1 | - | 1 | 1 | 2 | - | -1 | 5 | - | 46 | 4 | 2 | - | -2 |
Asset Writedown | -4 | -11 | - | 2 | -23 | -13 | -8 | -10 | -3 | -5 | -4 | - | -6 | 13 | 3 | -6 | -29 | -27 | - | 30 |
Insurance Settlements | 3 | - | - | - | - | - | 2 | - | - | - | - | 1 | - | - | - | 7 | - | 7 | - | -1 |
Legal Settlements | - | - | 12 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | -25 | 3 | - | 34 | -14 | - | - | - | - | - | - | - | - | - | - | - | - |
Pretax Income | 100 | 80 | 23 | -42 | -53 | -95 | 49 | -51 | 9 | 94 | 267 | -35 | 453 | 79 | 383 | 7 | 126 | -22 | 242 | -32 |
Income Tax Expense | 21 | 28 | 6 | -2 | 1 | 11 | 7 | -8 | 31 | 28 | 29 | 19 | 34 | -18 | 49 | 89 | 30 | 37 | 36 | 3 |
Earnings From Continuing Ops. | 79 | 52 | 17 | -40 | -54 | -106 | 42 | -43 | -22 | 66 | 238 | -54 | 419 | 97 | 334 | -82 | 96 | -59 | 206 | -35 |
Minority Interest in Earnings | -2 | -3 | -4 | 4 | 5 | 7 | 4 | 4 | -1 | 3 | -16 | -5 | -33 | -23 | -40 | -56 | -24 | -11 | -20 | -24 |
Net Income | 77 | 49 | 13 | -36 | -49 | -99 | 46 | -39 | -23 | 69 | 222 | -59 | 386 | 74 | 294 | -138 | 72 | -70 | 186 | -59 |
Preferred Dividends & Other Adjustments | 14 | 14 | - | 26 | 13 | 13 | - | 26 | 13 | 13 | - | 25 | 14 | 12 | - | 25 | 11 | 10 | - | 19 |
Net Income to Common | 63 | 35 | 13 | -62 | -62 | -112 | 46 | -65 | -36 | 56 | 222 | -84 | 372 | 62 | 294 | -163 | 61 | -80 | 186 | -78 |
Net Income Growth (YoY) | - | - | -71.74% | - | - | - | -79.28% | - | - | -9.68% | -24.49% | - | 509.84% | - | 58.06% | - | - | - | - | - |
Shares Outstanding (Basic) | 316 | 302 | 297 | 297 | 297 | 297 | 298 | 298 | 296 | 303 | 308 | 308 | 263 | 264 | 268 | 271 | 271 | 271 | 271 | 271 |
Shares Outstanding (Diluted) | 316 | 302 | 297 | 297 | 297 | 297 | 298 | 298 | 296 | 303 | 308 | 308 | 263 | 264 | 268 | 271 | 271 | 271 | 271 | 271 |
Shares Change (YoY) | 6.40% | 1.68% | -0.34% | -0.34% | 0.34% | -1.98% | -3.25% | -3.25% | 12.55% | 14.77% | 14.92% | 13.65% | -2.95% | -2.58% | -1.11% | - | - | 0.37% | 0.37% | -0.37% |
EPS (Basic) | 0.20 | 0.12 | 0.04 | -0.21 | -0.21 | -0.38 | 0.15 | -0.22 | -0.12 | 0.18 | 0.72 | -0.27 | 1.41 | 0.23 | 1.10 | -0.60 | 0.23 | -0.30 | 0.69 | -0.29 |
EPS (Diluted) | 0.20 | 0.12 | 0.04 | -0.21 | -0.21 | -0.38 | 0.15 | -0.22 | -0.12 | 0.18 | 0.72 | -0.27 | 1.41 | 0.23 | 1.10 | -0.60 | 0.23 | -0.30 | 0.69 | -0.29 |
EPS Growth (YoY) | - | - | -71.64% | - | - | - | -78.58% | - | - | -21.30% | -34.30% | - | 528.39% | - | 59.83% | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 79 | 17 | 96 | 140 | 198 | 84 | -25 | 104 | 155 | 50 | 176 | 76 | 516 | -181 | 178 | -86 | -76 | -258 | 379 | -82 |
Free Cash Flow Per Share | 0.25 | 0.06 | 0.32 | 0.47 | 0.67 | 0.28 | -0.08 | 0.35 | 0.52 | 0.17 | 0.57 | 0.25 | 1.96 | -0.69 | 0.66 | -0.32 | -0.28 | -0.95 | 1.40 | -0.30 |
Dividend Per Share | 0.070 | 0.070 | 0.065 | 0.065 | 0.065 | 0.065 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.055 | 0.055 | 0.055 | 0.055 | 0.060 | 0.050 | 0.050 | 0.050 | 0.055 |
Dividend Growth (YoY) | 7.69% | 7.69% | 8.33% | 8.33% | 8.33% | 8.33% | 0% | 9.09% | 9.09% | 9.09% | 9.09% | -8.33% | 10.00% | 10.00% | 10.00% | 9.09% | 11.11% | 11.11% | 11.11% | 22.22% |
Profit Margin | 11.75% | 7.19% | 2.30% | -10.35% | -10.08% | -25.87% | 6.07% | -9.59% | -5.64% | 9.62% | 23.44% | -13.46% | 36.58% | 9.92% | 27.00% | -19.09% | 6.57% | -17.47% | 25.31% | -12.79% |
Free Cash Flow Margin | 14.74% | 3.49% | 16.99% | 23.37% | 32.20% | 19.40% | -3.30% | 15.34% | 24.30% | 8.59% | 18.58% | 12.18% | 50.74% | -28.96% | 16.35% | -10.07% | -8.18% | -56.33% | 51.57% | -13.44% |
EBITDA | 267 | 279 | 210 | 201 | 183 | 176 | 271 | 176 | 240 | 311 | 469 | 130 | 666 | 292 | 626 | 198 | 401 | 166 | 426 | 157 |
EBITDA Margin | 49.81% | 57.29% | 37.17% | 33.56% | 29.76% | 40.65% | 35.75% | 25.96% | 37.62% | 53.44% | 49.53% | 20.83% | 65.49% | 46.72% | 57.48% | 23.18% | 43.16% | 36.24% | 57.96% | 25.74% |
D&A For EBITDA | 117 | 117 | 118 | 131 | 148 | 164 | 161 | 130 | 145 | 143 | 136 | 110 | 150 | 186 | 190 | 165 | 195 | 125 | 126 | 116 |
EBIT | 150 | 162 | 92 | 70 | 35 | 12 | 110 | 46 | 95 | 168 | 333 | 20 | 516 | 106 | 436 | 33 | 206 | 41 | 300 | 41 |
EBIT Margin | 27.98% | 33.27% | 16.28% | 11.69% | 5.69% | 2.77% | 14.51% | 6.78% | 14.89% | 28.87% | 35.16% | 3.21% | 50.74% | 16.96% | 40.04% | 3.86% | 22.17% | 8.95% | 40.82% | 6.72% |
Effective Tax Rate | 21.00% | 35.00% | 26.09% | - | - | - | 14.29% | - | 344.44% | 29.79% | 10.86% | - | 7.51% | - | 12.79% | 1271.43% | 23.81% | - | 14.88% | - |