Transalta (TAC) Operating Margin (2010 - 2026)
Transalta (TAC) posted Operating Margin of 32.92% for Q1 2026, up 16.68% on a QoQ basis from 28.21% in Q4 2025, and down 125.0% year-over-year from 131.68% in Q1 2025.
Transalta (TAC) Operating Margin (2010 - 2026) Analysis & Trends
Transalta's Operating Margin history runs 17 years deep, the most recent figure standing at 32.92% for Q1 2026.
- Quarterly Operating Margin fell 125.0% year-over-year to 32.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.01% (down 1328.0% YoY) and the FY2025 annual result came in at 5.82%, down 1474.0% from the prior year.
- Operating Margin was 32.92% for Q1 2026 at Transalta, up from 28.21% in the prior quarter.
- Across five years, Operating Margin topped out at 90.53% in Q2 2023 and bottomed at 0.46% in Q2 2025.
- A 5-year average of 36.46% and a median of 34.17% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin soared 6848 bps — and 2025, when it slumped 4995 bps.
- Transalta's Operating Margin stood at 2.83% in 2022, then jumped by 1694 bps to 50.84% in 2023, then sank by 59 bps to 20.74% in 2024, then soared by 36 bps to 28.21% in 2025, then increased by 17 bps to 32.92% in 2026.
- Business Quant data shows TAC's Operating Margin at 32.92% in Q1 2026, 28.21% in Q4 2025, and 23.9% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 52.84 Bn | 51.14 Bn | 4.94 Bn | 26.58% |
| 2 | Nrg Energy | 28.17 Bn | 28.12 Bn | 1.40 Bn | 3.20% |
| 3 | Talen Energy | 15.71 Bn | 15.67 Bn | - | 18.60% |
| 4 | Oklo | 7.13 Bn | 7.13 Bn | - | - |
| 5 | Transalta | 3.99 Bn | 3.46 Bn | 263.24 Mn | 32.92% |
| 6 | Kenon Holdings | 3.66 Bn | 1.86 Bn | 48.00 Mn | 1.89% |
| 7 | Digi Power X | 264.61 Mn | 206.80 Mn | -801,636.00 | -87.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.92% |
| Dec 31, 2025 | 28.21% |
| Sep 30, 2025 | 23.90% |
| Jun 30, 2025 | -0.46% |
| Mar 31, 2025 | 34.17% |
| Dec 31, 2024 | 20.74% |
| Sep 30, 2024 | 34.64% |
| Jun 30, 2024 | 49.48% |
| Mar 31, 2024 | 47.38% |
| Dec 31, 2023 | 50.84% |
| Sep 30, 2023 | 57.92% |
| Jun 30, 2023 | 90.53% |
| Mar 31, 2023 | 55.83% |
| Dec 31, 2022 | 2.83% |
| Sep 30, 2022 | 19.05% |
| Jun 30, 2022 | 22.05% |
| Mar 31, 2022 | 49.80% |
| Dec 31, 2021 | 4.10% |
| Sep 30, 2021 | -48.12% |
| Jun 30, 2021 | 12.60% |