TA.TO vs. NPI.TO
Compare and contrast key facts about TransAlta Corporation (TA.TO) and Northland Power Inc. (NPI.TO).
Performance
TA.TO vs. NPI.TO - Performance Comparison
Loading graphics...
TA.TO vs. NPI.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% |
NPI.TO Northland Power Inc. | 31.54% | 5.66% | -18.65% | -31.01% | 2.59% | -13.03% | 77.36% | 34.85% | -2.01% | 4.92% |
Fundamentals
TA.TO:
CA$5.43B
NPI.TO:
CA$6.10B
TA.TO:
-CA$0.46
NPI.TO:
-CA$0.62
TA.TO:
2.29
NPI.TO:
2.50
TA.TO:
11.89
NPI.TO:
1.56
TA.TO:
CA$2.41B
NPI.TO:
CA$2.44B
TA.TO:
CA$732.00M
NPI.TO:
CA$1.33B
TA.TO:
CA$638.00M
NPI.TO:
CA$887.84M
Returns By Period
In the year-to-date period, TA.TO achieves a 5.74% return, which is significantly lower than NPI.TO's 31.54% return. Over the past 10 years, TA.TO has outperformed NPI.TO with an annualized return of 14.01%, while NPI.TO has yielded a comparatively lower 6.66% 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%
NPI.TO
- 1D
- 0.73%
- 1M
- 6.77%
- YTD
- 31.54%
- 6M
- 2.13%
- 1Y
- 24.42%
- 3Y*
- -5.48%
- 5Y*
- -7.10%
- 10Y*
- 6.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TA.TO vs. NPI.TO — Risk / Return Rank
TA.TO
NPI.TO
TA.TO vs. NPI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Corporation (TA.TO) and Northland Power Inc. (NPI.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 | NPI.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 0.67 | +0.30 |
Sortino ratioReturn per unit of downside risk | 1.47 | 0.95 | +0.52 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 0.68 | +0.41 |
Martin ratioReturn relative to average drawdown | 2.16 | 1.56 | +0.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TA.TO | NPI.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.67 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | -0.26 | +0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.25 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.48 | — |
Correlation
The correlation between TA.TO and NPI.TO is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TA.TO vs. NPI.TO - Dividend Comparison
TA.TO's dividend yield for the trailing twelve months is around 1.42%, less than NPI.TO's 4.20% 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% |
NPI.TO Northland Power Inc. | 4.20% | 6.50% | 11.02% | 6.95% | 5.01% | 5.04% | 4.11% | 6.77% | 5.53% | 4.67% | 4.64% | 5.79% |
Drawdowns
TA.TO vs. NPI.TO - Drawdown Comparison
The maximum TA.TO drawdown since its inception was -100.01%, which is greater than NPI.TO's maximum drawdown of -58.76%. Use the drawdown chart below to compare losses from any high point for TA.TO and NPI.TO.
Loading graphics...
Drawdown Indicators
| TA.TO | NPI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.01% | -58.76% | -41.25% |
Max Drawdown (1Y)Largest decline over 1 year | -34.12% | -37.01% | +2.89% |
Max Drawdown (5Y)Largest decline over 5 years | -44.20% | -57.37% | +13.17% |
Max Drawdown (10Y)Largest decline over 10 years | -50.61% | -58.76% | +8.15% |
Current DrawdownCurrent decline from peak | -100.00% | -37.70% | -62.30% |
Average DrawdownAverage peak-to-trough decline | -99.53% | -11.88% | -87.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.12% | 16.05% | +1.07% |
Volatility
TA.TO vs. NPI.TO - Volatility Comparison
TransAlta Corporation (TA.TO) has a higher volatility of 11.78% compared to Northland Power Inc. (NPI.TO) at 5.86%. This indicates that TA.TO's price experiences larger fluctuations and is considered to be riskier than NPI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TA.TO | NPI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.78% | 5.86% | +5.92% |
Volatility (6M)Calculated over the trailing 6-month period | 30.21% | 36.68% | -6.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.67% | 36.63% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.68% | 27.87% | +3.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.03% | 26.59% | +5.44% |
Financials
TA.TO vs. NPI.TO - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Corporation and Northland Power Inc.. 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. NPI.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%.
NPI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Northland Power Inc. reported a gross profit of 339.72M and revenue of 722.84M. Therefore, the gross margin over that period was 47.0%.
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%.
NPI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Northland Power Inc. reported an operating income of 285.85M and revenue of 722.84M, resulting in an operating margin of 39.6%.
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%.
NPI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Northland Power Inc. reported a net income of 245.34M and revenue of 722.84M, resulting in a net margin of 33.9%.