NYSE · Utilities

Transalta Corp (TAC)

Transalta Corp reported revenue of CA$2.4B in fiscal 2025, down 15.5% from a year earlier. It posted a net loss of CA$138M. Operating cash flow minus capital spending left CA$397M of free cash flow in fiscal 2025. At December 31, 2025 it held CA$205M in cash against CA$3.6B of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on February 27, 2026.

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Price

$11.81

+2.43% on the day · September 28, 2026

52-week range $11.38 to $17.88

Market cap

$3.7B

Revenue (FY2025)

CA$2.4B

-15.5% year on year

Net margin

-5.7%

What Transalta Corp does

Transalta Corp is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker TAC.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in CAD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	CA$2.4B	CA$140M	-CA$138M	-CA$0.64	CA$397M
2024	CA$2.8B	CA$585M	CA$229M	CA$0.59	CA$485M
2023	CA$3.4B	CA$1.1B	CA$695M	CA$2.33	CA$589M
2022	CA$3B	CA$531M	CA$50M	CA$0.01	-CA$41M
2021	CA$2.7B	-CA$239M	-CA$537M	-CA$2.13	CA$521M
2020	CA$2.1B	-CA$99M	-CA$287M	-CA$1.22	CA$216M

Full financial statements: income, balance sheet and cash flow

Where TAC ranks in Utilities

Revenue growth-15.5%

#128 of 132 in Utilities · Bottom 3%

Net margin-5.7%

#122 of 132 in Utilities · Bottom 8%

Free cash flow margin16.5%

#14 of 107 in Utilities · Top 12%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Utilities

Dividends

It paid out CA$52M in cash dividends.

Fiscal year	Per share	Paid out	Of profit
2025	n/a	CA$52M	n/a
2024	n/a	CA$52M	23%
2023	n/a	CA$51M	7%
2022	n/a	CA$46M	92%
2021	n/a	CA$39M	n/a
2020	n/a	CA$49M	n/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Transalta Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

September 14, 2026
Foreign issuer update 6-K
July 31, 2026
Foreign issuer update 6-K
July 31, 2026
Foreign issuer update 6-K
July 29, 2026
Foreign issuer update 6-K
June 30, 2026
Foreign issuer update 6-K
June 15, 2026
Foreign issuer update 6-K
June 9, 2026
Foreign issuer update 6-K
June 9, 2026
Foreign issuer update 6-K
June 5, 2026
Foreign issuer update 6-K
June 5, 2026
Form SUPPL filing SUPPL

Insider trades

What the people running Transalta Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)

last 90 days

Sold

last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns TAC

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Rubric Capital Management LP13G, passive with 1 related filers	5.38%	15,948,151	July 9, 2025

Latest filings below 5%: Fmr LLC 4.6% (May 6, 2026); Millennium Management LLC 4.4% (November 14, 2025).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about TAC

What does Transalta Corp do?

Transalta Corp is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker TAC.

Is Transalta Corp profitable?

No. In fiscal 2025 it reported a net loss of CA$138M on revenue of CA$2.4B.

How much revenue does Transalta Corp make?

In fiscal 2025 Transalta Corp reported revenue of CA$2.4B. That is 15.5% less than a year earlier.

When did Transalta Corp last report?

Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on February 27, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 14, 2026.

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Where the numbers come from

Financial figures are the values Transalta Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.