TACNYSEElectric ServicesFiscal year ends December 31Also trades as TACPF, TRNTF, TSLTF
TRANSALTA CORP
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 27, 2026
$13.00+0.15 (+1.17%)
Close on Oct 19, 2026
TRANSALTA CORP revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gas | C$1.33B | C$1.31B | C$1.53B | C$1.52B | C$1.13B | C$848.00M | C$887.00M | – | – | – | 55.2% | +1.1% |
| Energy Transition | C$504.00M | C$580.00M | C$746.00M | C$724.00M | C$728.00M | C$690.00M | C$893.00M | – | – | – | 21.0% | -13.1% |
| Wind and Solar | C$500.00M | C$449.00M | C$373.00M | C$407.00M | C$348.00M | C$334.00M | C$295.00M | C$282.00M | – | – | 20.8% | +11.4% |
| Hydro | C$364.00M | C$390.00M | C$529.00M | C$627.00M | C$383.00M | C$152.00M | C$156.00M | C$156.00M | – | – | 15.1% | -6.7% |
| Energy Marketing | C$122.00M | C$182.00M | C$152.00M | C$218.00M | C$202.00M | C$133.00M | C$119.00M | C$67.00M | – | – | 5.1% | -33.0% |
| Corporate | -C$61.00M | -C$34.00M | C$1.00M | -C$2.00M | – | – | – | – | – | – | -2.5% | +79.4% |
| Reportable segments [member] | – | – | – | – | – | – | C$2.35B | C$2.25B | C$2.31B | C$2.40B | – | – |
| Australian Gas | – | – | – | – | – | C$158.00M | C$160.00M | C$165.00M | – | – | – | – |
| Centralia | – | – | – | – | – | C$497.00M | C$571.00M | C$442.00M | – | – | – | – |
| Corporate | – | – | C$1.00M | -C$2.00M | C$4.00M | C$7.00M | -C$6.00M | -C$7.00M | – | – | – | – |
| Corporate | – | – | C$1.00M | -C$2.00M | C$4.00M | C$7.00M | -C$6.00M | -C$7.00M | – | – | – | – |
| North American Gas | – | – | – | – | – | C$217.00M | C$209.00M | C$232.00M | – | – | – | – |
| Gas | – | – | – | – | – | C$619.00M | C$816.00M | C$912.00M | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from contracts with customers | C$1.12B | C$890.00M | C$686.00M | C$776.00M | C$682.00M | C$1.02B | C$1.07B | C$1.16B | – | – | 46.5% | +25.6% |
| Power and other | C$999.00M | C$784.00M | C$646.00M | C$725.00M | C$654.00M | C$1.00B | C$1.05B | – | – | – | 41.5% | +27.4% |
| Revenue from merchant sales | C$900.00M | C$1.20B | C$2.27B | C$2.67B | C$1.73B | C$516.00M | – | – | – | – | 37.4% | -24.7% |
| Revenue from derivatives and other trading activities | C$331.00M | C$708.00M | C$327.00M | -C$541.00M | C$213.00M | C$417.00M | C$296.00M | C$165.00M | – | – | 13.8% | -53.2% |
| Environmental and tax attributes | C$119.00M | C$106.00M | C$40.00M | C$51.00M | C$28.00M | C$23.00M | C$23.00M | – | – | – | 4.9% | +12.3% |
| Other | C$56.00M | C$52.00M | C$69.00M | C$68.00M | C$73.00M | C$22.00M | – | – | – | – | 2.3% | +7.7% |
| Government incentives | – | – | – | – | – | C$5.00M | C$8.00M | C$16.00M | – | – | – | – |
| Revenue from leases | – | – | C$32.00M | C$32.00M | C$19.00M | C$123.00M | C$130.00M | C$170.00M | – | – | – | – |
| Other | – | – | – | – | – | C$543.00M | C$845.00M | C$737.00M | – | – | – | – |
| Others | – | – | – | – | C$1.81B | C$548.00M | C$853.00M | – | – | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Canada | C$1.76B | C$2.01B | C$2.22B | C$1.91B | C$1.85B | C$1.23B | C$1.46B | C$1.57B | C$1.66B | C$1.83B | 73.1% | -12.4% |
| United States | C$497.00M | C$676.00M | C$987.00M | C$940.00M | C$731.00M | C$716.00M | C$727.00M | C$511.00M | C$509.00M | C$450.00M | 20.7% | -26.5% |
| Western Australia | C$149.00M | C$160.00M | C$150.00M | C$131.00M | – | – | – | – | – | – | 6.2% | -6.9% |
| Australia | – | – | C$150.00M | C$131.00M | C$136.00M | C$158.00M | C$160.00M | C$165.00M | C$135.00M | C$119.00M | – | – |
From the segment and revenue-disaggregation notes of Transalta's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.