TransAlta Past Earnings Performance
Past criteria checks 5/6
TransAlta has been growing earnings at an average annual rate of 41%, while the Renewable Energy industry saw earnings growing at 36.2% annually. Revenues have been growing at an average rate of 10% per year. TransAlta's return on equity is 36.2%, and it has net margins of 17.8%.
Key information
41.0%
Earnings growth rate
40.5%
EPS growth rate
Renewable Energy Industry Growth | 16.2% |
Revenue growth rate | 10.0% |
Return on equity | 36.2% |
Net Margin | 17.8% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Is It Time To Consider Buying TransAlta Corporation (TSE:TA)?
Apr 12TransAlta (TSE:TA) Takes On Some Risk With Its Use Of Debt
Jan 11TransAlta Corporation's (TSE:TA) Low P/S No Reason For Excitement
Dec 27These 4 Measures Indicate That TransAlta (TSE:TA) Is Using Debt Extensively
Oct 05Is Now The Time To Look At Buying TransAlta Corporation (TSE:TA)?
Sep 15We Think TransAlta (TSE:TA) Is Taking Some Risk With Its Debt
Jun 24What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?
Jun 05Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)
May 06Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden
Feb 08Why TransAlta Corporation (TSE:TA) Could Be Worth Watching
Dec 28Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
Aug 08Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
May 03Is TransAlta (TSE:TA) Using Too Much Debt?
Jan 11TransAlta (TSE:TA) Has A Somewhat Strained Balance Sheet
Sep 26Revenue & Expenses Breakdown
How TransAlta makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 3,213 | 572 | 0 | 0 |
31 Dec 23 | 3,355 | 644 | 0 | 0 |
30 Sep 23 | 3,585 | 565 | 0 | 0 |
30 Jun 23 | 3,497 | 254 | 0 | 0 |
31 Mar 23 | 3,330 | 112 | 0 | 0 |
31 Dec 22 | 2,976 | 4 | 0 | 0 |
30 Sep 22 | 2,732 | 89 | 0 | 0 |
30 Jun 22 | 2,653 | -428 | 0 | 0 |
31 Mar 22 | 2,814 | -360 | 0 | 0 |
31 Dec 21 | 2,721 | -576 | 0 | 0 |
30 Sep 21 | 2,655 | -665 | 0 | 0 |
30 Jun 21 | 2,319 | -345 | 0 | 0 |
31 Mar 21 | 2,137 | -393 | 0 | 0 |
31 Dec 20 | 2,101 | -336 | 0 | 0 |
30 Sep 20 | 2,166 | -103 | 0 | 0 |
30 Jun 20 | 2,245 | 84 | 0 | 0 |
31 Mar 20 | 2,305 | 144 | 0 | 0 |
31 Dec 19 | 2,347 | 52 | 0 | 0 |
30 Sep 19 | 2,360 | -136 | 0 | 0 |
30 Jun 19 | 2,360 | -273 | 0 | 0 |
31 Mar 19 | 2,309 | -378 | 0 | 0 |
31 Dec 18 | 2,249 | -248 | 0 | 0 |
30 Sep 18 | 2,265 | -271 | 0 | 0 |
30 Jun 18 | 2,260 | -212 | 0 | 0 |
31 Mar 18 | 2,317 | -125 | 0 | 0 |
31 Dec 17 | 2,307 | -190 | 0 | 0 |
30 Sep 17 | 2,386 | 16 | 0 | 0 |
30 Jun 17 | 2,418 | 31 | 0 | 0 |
31 Mar 17 | 2,407 | 55 | 0 | 0 |
31 Dec 16 | 2,397 | 117 | 0 | 0 |
30 Sep 16 | 2,275 | 49 | 0 | 0 |
30 Jun 16 | 2,296 | 215 | 0 | 0 |
31 Mar 16 | 2,242 | 78 | 0 | 0 |
31 Dec 15 | 2,267 | -24 | 0 | 0 |
30 Sep 15 | 2,390 | 131 | 0 | 0 |
30 Jun 15 | 2,388 | -29 | 0 | 0 |
31 Mar 15 | 2,441 | 52 | 0 | 0 |
31 Dec 14 | 2,623 | 141 | 0 | 0 |
30 Sep 14 | 2,492 | -73 | -29 | 0 |
30 Jun 14 | 2,476 | -76 | -29 | 0 |
31 Mar 14 | 2,527 | -11 | -29 | 0 |
31 Dec 13 | 2,292 | -71 | 0 | 0 |
30 Sep 13 | 2,351 | 34 | 29 | 0 |
30 Jun 13 | 2,250 | 99 | 29 | 0 |
Quality Earnings: TA has high quality earnings.
Growing Profit Margin: TA's current net profit margins (17.8%) are higher than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TA has become profitable over the past 5 years, growing earnings by 41% per year.
Accelerating Growth: TA's earnings growth over the past year (410.7%) exceeds its 5-year average (41% per year).
Earnings vs Industry: TA earnings growth over the past year (410.7%) exceeded the Renewable Energy industry 139.8%.
Return on Equity
High ROE: Whilst TA's Return on Equity (36.23%) is high, this metric is skewed due to their high level of debt.