TransAlta Corporation

TSX:TA Stock Report

Market Cap: CA$7.2b

TransAlta Future Growth

Future criteria checks 3/6

TransAlta's revenue is forecast to decline at 2.2% per annum while its annual earnings are expected to grow at 127.6% per year. EPS is expected to grow by 127.2% per annum.

Key information

127.6%

Earnings growth rate

127.15%

EPS growth rate

Renewable Energy earnings growth39.3%
Revenue growth rate-2.2%
Future return on equityn/a
Analyst coverage

Low

Last updated20 Oct 2025

Recent future growth updates

Recent updates

Subdued Growth No Barrier To TransAlta Corporation's (TSE:TA) Price

Oct 07
Subdued Growth No Barrier To TransAlta Corporation's (TSE:TA) Price

Why Investors Shouldn't Be Surprised By TransAlta Corporation's (TSE:TA) Low P/S

May 08
Why Investors Shouldn't Be Surprised By TransAlta Corporation's (TSE:TA) Low P/S

The Market Doesn't Like What It Sees From TransAlta Corporation's (TSE:TA) Revenues Yet As Shares Tumble 25%

Jan 28
The Market Doesn't Like What It Sees From TransAlta Corporation's (TSE:TA) Revenues Yet As Shares Tumble 25%

Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Jan 23
Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
User avatar

Despite Data Center Ambitions In Alberta, Regulatory Hurdles And Oversupply Threaten Earnings

Regulatory hurdles and Alberta market conditions could delay synergies and compress margins, impacting earnings despite mitigation strategies.

TransAlta Corporation's (TSE:TA) Shares Climb 31% But Its Business Is Yet to Catch Up

Dec 07
TransAlta Corporation's (TSE:TA) Shares Climb 31% But Its Business Is Yet to Catch Up

What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Oct 31
What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Earnings and Revenue Growth Forecasts

TSX:TA - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20272,3461165587472
12/31/20262,144864576253
12/31/20252,664-55247163
6/30/20252,507-167307608N/A
3/31/20252,6561273559N/A
12/31/20242,845177475796N/A
9/30/20242,791158446891N/A
6/30/20243,1705668071,343N/A
3/31/20243,2135725761,246N/A
12/31/20233,3556445761,464N/A
9/30/20233,5855654141,505N/A
6/30/20233,497254-1791,028N/A
3/31/20233,330112-255888N/A
12/31/20222,9764-72877N/A
9/30/20222,73289-69580N/A
6/30/20222,653-428493986N/A
3/31/20222,814-3607121,195N/A
12/31/20212,721-5765121,001N/A
9/30/20212,655-6654931,057N/A
6/30/20212,319-345136704N/A
3/31/20212,137-393220745N/A
12/31/20202,101-336202702N/A
9/30/20202,166-103391773N/A
6/30/20202,24584411844N/A
3/31/20202,305144513981N/A
12/31/20192,34752418849N/A
9/30/20192,360-136392800N/A
6/30/20192,360-273307631N/A
3/31/20192,309-378N/A477N/A
12/31/20182,249-248N/A820N/A
9/30/20182,265-271N/A769N/A
6/30/20182,260-212N/A811N/A
3/31/20182,317-125N/A770N/A
12/31/20172,307-190N/A626N/A
9/30/20172,38616N/A667N/A
6/30/20172,41831N/A694N/A
3/31/20172,40755N/A750N/A
12/31/20162,397117N/A744N/A
9/30/20162,27549N/A740N/A
6/30/20162,296215N/A712N/A
3/31/20162,24278N/A554N/A
12/31/20152,267-24N/A432N/A
9/30/20152,390131N/A564N/A
6/30/20152,388-29N/A580N/A
3/31/20152,44152N/A670N/A
12/31/20142,623141N/A796N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: TA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TA is expected to become profitable in the next 3 years.

Revenue vs Market: TA's revenue is expected to decline over the next 3 years (-2.2% per year).

High Growth Revenue: TA's revenue is forecast to decline over the next 3 years (-2.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TA's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/27 11:35
End of Day Share Price 2025/10/24 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TransAlta Corporation is covered by 21 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
Benjamin PhamBMO Capital Markets Equity Research
Julien Dumoulin-SmithBofA Global Research