TransAlta Corporation

TransAlta Corporationverified

TAC

Price:

$9.18

Market Cap:

$3.72B

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.[Read more]

Industry

Independent Power Producers

IPO Date

2001-07-31

Stock Exchange

NYSE

Ticker

TAC

The ROE as of September 2024 (TTM) for TransAlta Corporation (TAC) is 35.17%

According to TransAlta Corporation’s latest financial reports and current stock price. The company's current ROE is 35.17%. This represents a change of 330.33% compared to the average of 8.17% of the last 4 quarters.

TransAlta Corporation (TAC) Historical ROE (quarterly & annually)

How has TAC ROE performed in the past?

The mean historical ROE of TransAlta Corporation over the last ten years is 2.76%. The current 35.17% ROE has changed 1.17% with respect to the historical average. Over the past ten years (40 quarters), TAC's ROE was at its highest in in the March 2023 quarter at 21.21%. The ROE was at its lowest in in the September 2021 quarter at -27.38%.

Quarterly (TTM)
Annual

Average

2.76%

Median

2.73%

Minimum

-26.86%

Maximum

45.22%

TransAlta Corporation (TAC) ROE by Quarter and Year

Discovering the peaks and valleys of TransAlta Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 635.36%

Maximum Annual ROE = 45.22%

Minimum Annual Increase = -588.03%

Minimum Annual ROE = -26.86%

Quarterly (TTM)
Annual
YearROEChange
202345.22%211.75%
202214.50%-153.99%
2021-26.86%149.75%
2020-10.76%-280.97%
20195.94%-189.97%
2018-6.61%37.33%
2017-4.81%-199.94%
20164.81%635.36%
20150.65%-88.19%
20145.54%-588.03%

TransAlta Corporation (TAC) Average ROE

How has TAC ROE performed in the past?

The current ROE of TransAlta Corporation (TAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

10.95%

5-year avg

5.61%

10-year avg

2.76%

TransAlta Corporation (TAC) ROE vs. Peers

How is TAC’s ROE compared to its peers?

TransAlta Corporation’s ROE is less than Pampa Energía S.A. (2.06%), less than Vistra Corp. (11.75%), less than NRG Energy, Inc. (62.17%), less than Power Assets Holdings Limited (11.95%), greater than Kenon Holdings Ltd. (-6.89%), less than AGL Energy Limited (13.01%), less than Datang International Power Generation Co., Ltd. (0%), less than null (4.54%),

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