TA.TO vs. CPX.TO
Compare and contrast key facts about TransAlta Corporation (TA.TO) and Capital Power Corporation (CPX.TO).
Performance
TA.TO vs. CPX.TO - Performance Comparison
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TA.TO vs. CPX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TA.TO TransAlta Corporation | 5.74% | -13.24% | 88.48% | -7.32% | -12.42% | 47.57% | 6.20% | 69.12% | -23.22% | 2.43% |
CPX.TO Capital Power Corporation | 12.54% | -3.64% | 77.90% | -13.28% | 23.39% | 18.96% | 8.92% | 37.12% | 16.05% | 12.44% |
Fundamentals
TA.TO:
CA$5.43B
CPX.TO:
CA$10.28B
TA.TO:
-CA$0.46
CPX.TO:
CA$1.04
TA.TO:
2.29
CPX.TO:
3.06
TA.TO:
11.89
CPX.TO:
2.33
TA.TO:
CA$2.41B
CPX.TO:
CA$3.32B
TA.TO:
CA$732.00M
CPX.TO:
-CA$173.00M
TA.TO:
CA$638.00M
CPX.TO:
CA$697.00M
Returns By Period
In the year-to-date period, TA.TO achieves a 5.74% return, which is significantly lower than CPX.TO's 12.54% return. Over the past 10 years, TA.TO has underperformed CPX.TO with an annualized return of 14.01%, while CPX.TO has yielded a comparatively higher 20.58% annualized return.
TA.TO
- 1D
- 3.10%
- 1M
- -2.45%
- YTD
- 5.74%
- 6M
- -3.12%
- 1Y
- 38.31%
- 3Y*
- 17.78%
- 5Y*
- 10.52%
- 10Y*
- 14.01%
CPX.TO
- 1D
- 1.20%
- 1M
- 2.90%
- YTD
- 12.54%
- 6M
- 2.02%
- 1Y
- 42.55%
- 3Y*
- 22.44%
- 5Y*
- 18.18%
- 10Y*
- 20.58%
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Return for Risk
TA.TO vs. CPX.TO — Risk / Return Rank
TA.TO
CPX.TO
TA.TO vs. CPX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Corporation (TA.TO) and Capital Power Corporation (CPX.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| TA.TO | CPX.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.46 | -0.49 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.94 | -0.47 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.26 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 1.87 | -0.78 |
Martin ratioReturn relative to average drawdown | 2.16 | 3.81 | -1.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TA.TO | CPX.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.46 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.76 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.81 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.56 | — |
Correlation
The correlation between TA.TO and CPX.TO is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TA.TO vs. CPX.TO - Dividend Comparison
TA.TO's dividend yield for the trailing twelve months is around 1.42%, less than CPX.TO's 3.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TA.TO TransAlta Corporation | 1.42% | 1.47% | 1.18% | 2.00% | 1.69% | 1.32% | 1.75% | 1.72% | 2.86% | 2.15% | 2.15% | 14.66% |
CPX.TO Capital Power Corporation | 3.09% | 4.59% | 3.98% | 6.32% | 4.87% | 5.38% | 5.68% | 5.40% | 6.51% | 6.60% | 6.50% | 7.93% |
Drawdowns
TA.TO vs. CPX.TO - Drawdown Comparison
The maximum TA.TO drawdown since its inception was -100.01%, which is greater than CPX.TO's maximum drawdown of -47.38%. Use the drawdown chart below to compare losses from any high point for TA.TO and CPX.TO.
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Drawdown Indicators
| TA.TO | CPX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.01% | -47.38% | -52.63% |
Max Drawdown (1Y)Largest decline over 1 year | -34.12% | -21.94% | -12.18% |
Max Drawdown (5Y)Largest decline over 5 years | -44.20% | -33.75% | -10.45% |
Max Drawdown (10Y)Largest decline over 10 years | -50.61% | -47.38% | -3.23% |
Current DrawdownCurrent decline from peak | -100.00% | -9.40% | -90.60% |
Average DrawdownAverage peak-to-trough decline | -99.53% | -9.60% | -89.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.12% | 10.73% | +6.39% |
Volatility
TA.TO vs. CPX.TO - Volatility Comparison
TransAlta Corporation (TA.TO) has a higher volatility of 11.78% compared to Capital Power Corporation (CPX.TO) at 8.47%. This indicates that TA.TO's price experiences larger fluctuations and is considered to be riskier than CPX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TA.TO | CPX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.78% | 8.47% | +3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 30.21% | 21.13% | +9.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.67% | 29.40% | +10.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.68% | 24.15% | +7.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.03% | 25.65% | +6.38% |
Financials
TA.TO vs. CPX.TO - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Corporation and Capital Power Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TA.TO vs. CPX.TO - Profitability Comparison
TA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TransAlta Corporation reported a gross profit of 138.00M and revenue of 599.00M. Therefore, the gross margin over that period was 23.0%.
CPX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Capital Power Corporation reported a gross profit of -199.00M and revenue of 979.00M. Therefore, the gross margin over that period was -20.3%.
TA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TransAlta Corporation reported an operating income of -90.00M and revenue of 599.00M, resulting in an operating margin of -15.0%.
CPX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Capital Power Corporation reported an operating income of -257.00M and revenue of 979.00M, resulting in an operating margin of -26.3%.
TA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TransAlta Corporation reported a net income of -36.00M and revenue of 599.00M, resulting in a net margin of -6.0%.
CPX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Capital Power Corporation reported a net income of -13.00M and revenue of 979.00M, resulting in a net margin of -1.3%.