---
title: "TA.TO stock: TransAlta Corporation price, chart, valuation | ANALITICA}"
description: "TransAlta Corporation (TA.TO): Down 13.0% over the past year; the S&P/TSX Composite rose 20.0%. P/E 172.1 — lower than 15% of Utilities peers (13 companies)."
canonical: https://analiti.ca/t/TA.TO/
---

# TransAlta Corporation (TA.TO)

TSX: TA · TSX · Utilities

Last close 18.93 (Nov 12, 2026), -0.160 (-0.8%). Market cap $5.99B.
52-week range 16.02 to 21.77.

## At a glance

- Down 13.0% over the past year; the S&P/TSX Composite rose 20.0%.
- P/E 172.1 — lower than 15% of Utilities peers (13 companies).
- Market cap $5.99B; average daily dollar volume $36.8M over the past 3 months — High liquidity.
- Pays a 1.47% trailing dividend yield (as of 2026-11-12).
- No published plan for this ticker.
- 1-year volatility 37.7% (annualized); largest fall from a peak over the past year -26.4%.

## Performance

| Period | Stock | Sector fund | Composite | Difference vs Composite |
| --- | ---: | ---: | ---: | ---: |
| 1W | +2.9% | +0.9% | +1.8% | +1.1% |
| 1M | +0.8% | +6.6% | +2.8% | -2.0% |
| 3M | +9.6% | +2.6% | -0.1% | +9.7% |
| 6M | +8.4% | +3.7% | +9.4% | -1.0% |
| YTD | +9.0% | +15.5% | +16.1% | -7.0% |
| 1Y | -13.0% | +11.0% | +20.0% | -33.1% |
| 3Y | +18.4% | +14.9% | +22.0% | -3.6% |
| 5Y | +7.0% | +4.1% | +10.5% | -3.5% |

3Y and 5Y are annualized. The Composite is proxied by XIU.TO.

## Risk and trading

- 1-year volatility (annualized): +37.7%
- Largest fall from a peak (1Y): -26.4% (Nov 11, 2025 to Sep 15, 2026)
- Beta (2Y weekly, vs Composite): 1.17
- Average daily volume (3M): 2,090,141
- Average daily dollar volume (3M): $36.8M
- Liquidity: High (High: $1M or more a day; Moderate: $100K or more; Low: under $100K.)

## Valuation

Valuation multiples are from the Nov 12, 2026 snapshot.

| Multiple | Value | Against sector peers |
| --- | ---: | --- |
| P/E (TTM) | 172.1 | Lower than 15% of peers (13 companies; median 24.2) |
| Earnings yield | 0.58% | — |
| P/B | 6.45 | Lower than 0% of peers (17 companies; median 1.7) |
| P/S | — | — |
| EV/EBITDA | 11.4 | Lower than 60% of peers (15 companies; median 13.5) |
| Dividend yield | 1.47% | — |
| Payout ratio | — | — |

## Financials

Reporting currency: CAD.

|  | 2022 | 2023 | 2024 | 2025 | TTM |
| --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $2.98B | $3.35B | $2.85B | $2.40B | $2.27B |
| Gross margin | 54.9% | 65.1% | 63.1% | 59.0% | — |
| Net income | $50.0M | $695.0M | $229.0M | -$138.0M | -$23.0M |
| Free cash flow | -$72.0M | $576.0M | $469.0M | $384.0M | $444.0M |
| Diluted shares | 268,290,896 | 306,933,951 | 297,500,000 | 296,700,000 | — |

## Dividends and splits

Trailing dividend yield: 1.47% (snapshot Nov 12, 2026). Dividend history is not stored yet.

- No splits on record.

## Ownership and dilution

- Insider buys (90 days): 2
- Insider sells (90 days): 0
- Shares outstanding change (1Y): -0.3%
- Shares outstanding change (3Y): +10.6%
- Held by insiders: 0.27%
- Held by institutions: 80.49%

## Peers

- [NEE.TO](https://analiti.ca/t/NEE.TO/): 27.37, 1Y —, market cap $238.99B, P/E 15.5, EV/EBITDA —, dividend yield —, 1Y volatility +21.5%
- [CEGS.TO](https://analiti.ca/t/CEGS.TO/): 19.21, 1Y -21.5%, market cap $135.51B, P/E 23.1, EV/EBITDA —, dividend yield —, 1Y volatility +50.7%
- [FTS.TO](https://analiti.ca/t/FTS.TO/): 84.43, 1Y +16.2%, market cap $43.55B, P/E 24.0, EV/EBITDA 14.4, dividend yield 3.16%, 1Y volatility +14.3%
- [H.TO](https://analiti.ca/t/H.TO/): 57.08, 1Y +9.4%, market cap $34.25B, P/E 24.4, EV/EBITDA 16.1, dividend yield 2.48%, 1Y volatility +15.5%
- [EMA.TO](https://analiti.ca/t/EMA.TO/): 72.33, 1Y +8.6%, market cap $22.30B, P/E 24.2, EV/EBITDA 13.5, dividend yield 4.10%, 1Y volatility +15.8%
- [CU.TO](https://analiti.ca/t/CU.TO/): 53.24, 1Y +26.9%, market cap $14.50B, P/E 380.3, EV/EBITDA 15.3, dividend yield 3.50%, 1Y volatility +16.7%
- [CPX.TO](https://analiti.ca/t/CPX.TO/): 64.79, 1Y -2.5%, market cap $10.20B, P/E —, EV/EBITDA 16.3, dividend yield 4.25%, 1Y volatility +28.5%
- [ACO-X.TO](https://analiti.ca/t/ACO-X.TO/): 87.54, 1Y +57.5%, market cap $8.84B, P/E 55.4, EV/EBITDA 12.4, dividend yield 2.38%, 1Y volatility +20.6%

## analiti.ca history

No published plans for this ticker.


Superstock score: 0.0 (Nov 13, 2026). Sector condition: Utilities — Leading (as of Nov 5, 2026).

## Key dates

- Next earnings: not available — no company release or exchange notice in the stored data
- Last earnings: Jul 31, 2026, EPS 0.18
- Next ex-dividend: not available

## Sources and data notes

- prices, chart, performance, risk: daily_prices (Yahoo) (as of Nov 12, 2026)
- valuation, market cap, ownership: yahoo_key_stats snapshot (as of Nov 12, 2026)
- financials: financials (Yahoo) (as of Jun 30, 2026)
- plans, resolutions: published entries-*.json + track-record.json (as of Nov 12, 2026)
- insiders: insider_trades (SEDI filings) (as of Nov 12, 2026)
- splits: Split inventory (interim table) (as of Nov 5, 2026)
- sector condition: conditions-2026-11-05.json (as of Nov 5, 2026)
- Superstock score: superstock_checks + superstock.json (as of Nov 12, 2026)

Not available rules: a field older than its freshness limit shows "not available", never a stale number — prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days.

Data file: https://analiti.ca/data/t/TA.TO.json

Facts and published history only. Plans are generated by a quant model.