TransAlta Corporation

As of June 30, 2026, TransAlta Corporation carries a market capitalization of 6.21B, placing it among publicly traded companies globally. Its enterprise value stands at 11.15B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

TransAlta Corporation's next confirmed earnings release is scheduled for November 3, 2026.

As of June 30, 2026, TransAlta Corporation has 316.30M shares outstanding.

These figures are as of June 30, 2026. The price-to-sales ratio is 2.58, and the price-to-book ratio stands at 7.40.

As of June 30, 2026, TransAlta Corporation trades at an EV/EBITDA multiple of 14.47 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.92 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 40.12 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 11.15B versus a market cap of 6.21B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, TransAlta Corporation maintains a current ratio of 0.84, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 229.26, indicating elevated leverage, while an interest coverage ratio of 2.97 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2026, TransAlta Corporation posted a negative return on equity (ROE) of -10.30, meaning shareholder capital produced losses rather than profits. Return on invested capital (ROIC) is negative at -14.16, so the business is destroying capital rather than earning a return above its cost of capital. Return on assets (ROA) is negative at -0.26, reflecting losses generated across the asset base. Return on capital employed (ROCE) is negative at -13.59, pointing to unprofitable operations over the period. The company generates approximately 1.72M in revenue per employee across its workforce of 1,313.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 6.27 indicates how many times TransAlta Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, TransAlta Corporation recorded 33.00M in income tax expense. That works out to an effective tax rate of 412.50, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 8.00M, leaving -23.00M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, TransAlta Corporation's stock has declined approximately 25.16% over the past 52 weeks. The 50-day moving average sits at 17.31, while the 200-day moving average is 17.95.

Over the twelve months ended June 30, 2026, TransAlta Corporation generated 2.27B in revenue and converted that into -23.00M in net income, yielding earnings per share of -0.08. EBITDA reached 771.00M, while operating income came in at 189.00M.

As of June 30, 2026, TransAlta Corporation holds 302.00M in cash and equivalents against 4.24B in total debt, resulting in a net debt position of 3.94B. Total book value stands at 839.00M, with working capital of -264.00M providing operational flexibility.

TransAlta Corporation produced 667.00M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -224.00M in capital expenditures, free cash flow totaled 443.00M - equivalent to 1.49 per share.

Over the twelve months ended June 30, 2026, TransAlta Corporation posted a gross margin of 63.90, reflecting its pricing power and cost economics. The operating margin of 8.34 and net profit margin of -1.02 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, TransAlta Corporation paid dividends of 0.44 per share. The dividend payout ratio of -96.25 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 7.57, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 3.46, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to TransAlta Corporation shareholders.

As of June 30, 2026, TransAlta Corporation has an Altman Z-Score of 0.38, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.