TransAlta Renewables Past Earnings Performance
Past criteria checks 1/6
TransAlta Renewables's earnings have been declining at an average annual rate of -16.9%, while the Renewable Energy industry saw earnings growing at 36% annually. Revenues have been growing at an average rate of 4.4% per year. TransAlta Renewables's return on equity is 4.5%, and it has net margins of 15.7%.
Key information
-16.9%
Earnings growth rate
-17.8%
EPS growth rate
| Renewable Energy Industry Growth | 36.0% |
| Revenue growth rate | 4.4% |
| Return on equity | 4.5% |
| Net Margin | 15.7% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How TransAlta Renewables 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 |
|---|---|---|---|---|
| 30 Jun 23 | 496 | 78 | 0 | 0 |
| 31 Mar 23 | 536 | 78 | 0 | 0 |
| 31 Dec 22 | 560 | 74 | 0 | 0 |
| 30 Sep 22 | 544 | 77 | 0 | 0 |
| 30 Jun 22 | 534 | 117 | 0 | 0 |
| 31 Mar 22 | 487 | 129 | 0 | 0 |
| 31 Dec 21 | 470 | 140 | 0 | 0 |
| 30 Sep 21 | 459 | 150 | 0 | 0 |
| 30 Jun 21 | 439 | 136 | 0 | 0 |
| 31 Mar 21 | 448 | 141 | 0 | 0 |
| 31 Dec 20 | 431 | 92 | 0 | 0 |
| 30 Sep 20 | 421 | 87 | 0 | 0 |
| 30 Jun 20 | 415 | 105 | 0 | 0 |
| 31 Mar 20 | 422 | 106 | 0 | 0 |
| 31 Dec 19 | 438 | 179 | 0 | 0 |
| 30 Sep 19 | 457 | 224 | 0 | 0 |
| 30 Jun 19 | 457 | 212 | 0 | 0 |
| 31 Mar 19 | 451 | 246 | 0 | 0 |
| 31 Dec 18 | 446 | 236 | 0 | 0 |
| 30 Sep 18 | 438 | 176 | 0 | 0 |
| 30 Jun 18 | 438 | 91 | 0 | 0 |
| 31 Mar 18 | 442 | 48 | 0 | 0 |
| 31 Dec 17 | 441 | 9 | 0 | 0 |
| 30 Sep 17 | 402 | 2 | 0 | 0 |
| 30 Jun 17 | 355 | 98 | 0 | 0 |
| 31 Mar 17 | 298 | 61 | 0 | 0 |
| 31 Dec 16 | 240 | -2 | 0 | 0 |
| 30 Sep 16 | 220 | 79 | 0 | 0 |
| 30 Jun 16 | 217 | 117 | 0 | 0 |
| 31 Mar 16 | 215 | 139 | 0 | 0 |
| 31 Dec 15 | 216 | 195 | 0 | 0 |
| 30 Sep 15 | 214 | 110 | 0 | 0 |
| 30 Jun 15 | 214 | 49 | 0 | 0 |
| 31 Mar 15 | 213 | 48 | 0 | 0 |
| 31 Dec 14 | 212 | 49 | 0 | 0 |
| 30 Sep 14 | 209 | 43 | 0 | 0 |
| 30 Jun 14 | 210 | 44 | 0 | 0 |
| 31 Mar 14 | 231 | 57 | 0 | 0 |
| 31 Dec 13 | 223 | 50 | 0 | 0 |
| 30 Sep 13 | 220 | 53 | 0 | 0 |
| 30 Jun 13 | 218 | 55 | 0 | 0 |
| 31 Mar 13 | 195 | 28 | 0 | 0 |
| 31 Dec 12 | 196 | 32 | 0 | 0 |
Quality Earnings: 0TA has high quality earnings.
Growing Profit Margin: 0TA's current net profit margins (15.7%) are lower than last year (21.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0TA's earnings have declined by 16.9% per year over the past 5 years.
Accelerating Growth: 0TA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0TA had negative earnings growth (-33.3%) over the past year, making it difficult to compare to the Renewable Energy industry average (41%).
Return on Equity
High ROE: 0TA's Return on Equity (4.5%) is considered low.