TAC (TransAlta) Pre-Tax Income: $-121 Mil (TTM As of Mar. 2026)


TAC TransAlta Corp TAC
51 GF Score
Price $13.69
GF Value $6.86
Valuation Significantly Overvalued
! 6 Warning Signs
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What is TransAlta Pre-Tax Income?

TransAlta TAC 51 Pre-Tax Income is $-121 Mil as of Mar. 2026. GuruFocus rates TAC with a GF Score™ of 51/100 and a GF Value™ of $6.86 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. TransAlta's pretax income for the three months ended in Mar. 2026 was $17 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was $-121 Mil. TransAlta's pretax margin was 4.07%.

During the past 13 years, TransAlta's highest Pretax Margin was 26.23%. The lowest was -14.42%. And the median was 2.94%.


TransAlta  (NYSE:TAC) Pre-Tax Income Explanation

TransAlta's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=16.764/411.808
=4.07%

During the past 13 years, TransAlta's highest Pretax Margin was 26.23%. The lowest was -14.42%. And the median was 2.94%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TransAlta Pre-Tax Income Related Terms


TransAlta Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for TransAlta's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TransAlta Pre-Tax Income Chart

TransAlta Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -296.88 259.85 655.93 223.91 -102.21

TransAlta Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.13 -69.51 -38.31 -30.45 16.76

TAC vs CEG, VST, NRG: Pre-Tax Income Comparison

For the Utilities - Independent Power Producers subindustry, TransAlta's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TransAlta Pre-Tax Income vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TransAlta's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where TransAlta's Pre-Tax Income falls into.


TAC
51GF Score
TransAlta Corp TAC
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TransAlta Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

TransAlta's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=50.743+23.922+-192.823+36.97+-21.023
=-102

TransAlta's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=53.207+3.644+-45.918+10.204+-4.373
=17

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-121 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-121 Mil mean?
TransAlta (TAC) has a Pre-Tax Income of $-121 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on TransAlta and its competitors.
Is TransAlta's Pre-Tax Income too high?
TransAlta's current Pre-Tax Income is $-121 Mil. Overall, TransAlta has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TransAlta's Pre-Tax Income compare to CEG and VST?
TransAlta's Pre-Tax Income of $-121 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Utilities - Independent Power Producers company?
A good Pre-Tax Income depends on the Utilities - Independent Power Producers industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on TransAlta and its competitors. TransAlta's current Pre-Tax Income is $-121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TransAlta stock overvalued right now?
Based on GuruFocus' analysis, TransAlta (TAC) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.86, compared to a current price of $13.69 — trading 99.6% above its estimated fair value. The current Pre-Tax Income is $-121 Mil. TransAlta's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For TransAlta (TAC), the current Pre-Tax Income is $-121 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TransAlta (TAC) Overvalued in 2026?

Based on GuruFocus' analysis, TransAlta stock appears to be overvalued. The current stock price of $13.69 is trading 99.6% above its estimated GF Value™ of $6.86. GuruFocus considers TransAlta to be Significantly Overvalued.

Key valuation signals for TAC:

  • Pre-Tax Income: $-121 Mil
  • GF Value™: $6.86 vs. price of $13.69 (99.6% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the TAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TransAlta Business Description

Address 1100 1st Street SE, TransAlta Place, Suite 1400, Calgary, AB, CAN, T2G 1B1
TransAlta Corp is an independent power producer based in Alberta, Canada. The company operates a diverse electrical power generation assets in Canada, the United States, and Western Australia. The company has reportable segments namely, Hydro, Wind & Solar, Gas, Energy Transition segment and Corporate Segment. The company generates the majority of its revenue from the gas segment.
51GF Score

Get the complete analysis for TAC

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.69
Price
$6.86
GF Value