TransAlta Past Earnings Performance

Past criteria checks 2/6

TransAlta has been growing earnings at an average annual rate of 44%, while the Renewable Energy industry saw earnings growing at 25.3% annually. Revenues have been growing at an average rate of 9.3% per year. TransAlta's return on equity is 11.9%, and it has net margins of 5.7%.

Key information

44.0%

Earnings growth rate

43.4%

EPS growth rate

Renewable Energy Industry Growth36.0%
Revenue growth rate9.3%
Return on equity11.9%
Net Margin5.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How TransAlta makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:TZ1 Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,79115800
30 Jun 243,17056600
31 Mar 243,21357200
31 Dec 233,35564400
30 Sep 233,58556500
30 Jun 233,49725400
31 Mar 233,33011200
31 Dec 222,976400
30 Sep 222,7328900
30 Jun 222,653-42800
31 Mar 222,814-36000
31 Dec 212,721-57600
30 Sep 212,655-66500
30 Jun 212,319-34500
31 Mar 212,137-39300
31 Dec 202,101-33600
30 Sep 202,166-10300
30 Jun 202,2458400
31 Mar 202,30514400
31 Dec 192,3475200
30 Sep 192,360-13600
30 Jun 192,360-27300
31 Mar 192,309-37800
31 Dec 182,249-24800
30 Sep 182,265-27100
30 Jun 182,260-21200
31 Mar 182,317-12500
31 Dec 172,307-19000
30 Sep 172,3861600
30 Jun 172,4183100
31 Mar 172,4075500
31 Dec 162,39711700
30 Sep 162,2754900
30 Jun 162,29621500
31 Mar 162,2427800
31 Dec 152,267-2400
30 Sep 152,39013100
30 Jun 152,388-2900
31 Mar 152,4415200
31 Dec 142,62314100
30 Sep 142,492-73-290
30 Jun 142,476-76-290
31 Mar 142,527-11-290
31 Dec 132,292-7100

Quality Earnings: TZ1 has high quality earnings.

Growing Profit Margin: TZ1's current net profit margins (5.7%) are lower than last year (15.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TZ1 has become profitable over the past 5 years, growing earnings by 44% per year.

Accelerating Growth: TZ1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TZ1 had negative earnings growth (-72%) over the past year, making it difficult to compare to the Renewable Energy industry average (-13.9%).


Return on Equity

High ROE: TZ1's Return on Equity (11.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 08:07
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

TransAlta Corporation is covered by 22 analysts. 7 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