TA.TO vs. STRL
TA.TO (TransAlta Corporation) and STRL (Sterling Infrastructure, Inc.) are both stocks. TA.TO operates in Utilities - Independent Power Producers (Utilities), while STRL operates in Engineering & Construction (Industrials). Over the past 10 years, TA.TO returned 14.34%/yr vs 61.83%/yr for STRL. At a 0.15 correlation, their price movements are largely independent.
Performance
TA.TO vs. STRL - Performance Comparison
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Different Trading Currencies
TA.TO is traded in CAD, while STRL is traded in USD. To make them comparable, the STRL values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TA.TO achieves a 12.10% return, which is significantly lower than STRL's 117.36% return. Over the past 10 years, TA.TO has underperformed STRL with an annualized return of 14.34%, while STRL has yielded a comparatively higher 61.83% annualized return.
TA.TO
- 1D
- 3.82%
- 1M
- -1.02%
- 6M
- 12.55%
- YTD
- 12.10%
- 1Y
- 15.61%
- 3Y*
- 14.90%
- 5Y*
- 10.95%
- 10Y*
- 14.34%
- ALL TIME*
- 2.64%
STRL
- 1D
- 1.70%
- 1M
- -24.99%
- 6M
- 87.01%
- YTD
- 117.36%
- 1Y
- 164.45%
- 3Y*
- 128.55%
- 5Y*
- 101.71%
- 10Y*
- 61.83%
- ALL TIME*
- 26.70%
TA.TO vs. STRL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TA.TO TransAlta Corporation | 12.10% | -13.24% | 88.48% | -7.32% | -12.42% | 47.57% | 6.22% | 69.12% | -23.22% | 2.43% |
STRL Sterling Infrastructure, Inc. | 117.36% | 73.49% | 107.79% | 161.70% | 32.62% | 41.25% | 29.04% | 23.96% | -27.48% | 79.41% |
Correlation
The correlation between TA.TO and STRL is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2006 | 0.15 |
Over the past year, TA.TO and STRL have become more correlated (0.40) than their long-term average of 0.15, meaning their price movements have been converging.
Fundamentals
TA.TO:
CA$5.75B
STRL:
$19.95B
TA.TO:
-CA$0.57
STRL:
$11.16
TA.TO:
2.63
STRL:
7.00
TA.TO:
12.34
STRL:
16.97
TA.TO:
CA$2.21B
STRL:
$2.88B
TA.TO:
CA$716.00M
STRL:
$664.66M
TA.TO:
CA$511.00M
STRL:
$429.99M
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Return for Risk
TA.TO vs. STRL — Risk / Return Rank
TA.TO
STRL
TA.TO vs. STRL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Corporation (TA.TO) and Sterling Infrastructure, Inc. (STRL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TA.TO | STRL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.01 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.35 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 4.72 | -4.26 |
| Martin ratioReturn relative to average drawdown | 0.73 | 11.89 | -11.16 |
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Drawdowns
TA.TO vs. STRL - Drawdown Comparison
The maximum TA.TO drawdown since its inception was -83.87%, smaller than the maximum STRL drawdown of -91.60%. Use the drawdown chart below to compare losses from any high point for TA.TO and STRL.
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Drawdown Indicators
| TA.TO | STRL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.87% | -91.60% | +7.73% |
Max Drawdown (1Y)Largest decline over 1 year | -34.12% | -35.08% | +0.96% |
Max Drawdown (3Y)Largest decline over 3 years | -44.20% | -48.62% | +4.42% |
Max Drawdown (5Y)Largest decline over 5 years | -44.20% | -48.62% | +4.42% |
Max Drawdown (10Y)Largest decline over 10 years | -50.60% | -55.77% | +5.17% |
Current DrawdownCurrent decline from peak | -21.25% | -33.98% | +12.73% |
Average DrawdownAverage peak-to-trough decline | -43.31% | -43.65% | +0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.49% | 13.90% | +7.59% |
Volatility
TA.TO vs. STRL - Volatility Comparison
The current volatility for TransAlta Corporation (TA.TO) is 8.70%, while Sterling Infrastructure, Inc. (STRL) has a volatility of 22.82%. This indicates that TA.TO experiences smaller price fluctuations and is considered to be less risky than STRL 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 | STRL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.70% | 22.82% | -14.12% |
Volatility (6M)Calculated over the trailing 6-month period | 28.82% | 66.91% | -38.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.21% | 85.38% | -47.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.80% | 57.96% | -25.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.19% | 54.30% | -22.11% |
Dividends
TA.TO vs. STRL - Dividend Comparison
TA.TO's dividend yield for the trailing twelve months is around 1.37%, while STRL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STRL Sterling Infrastructure, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TA.TO TransAlta Corporation | 1.37% | 1.47% | 1.18% | 2.00% | 1.69% | 1.32% | 1.77% | 1.72% | 2.86% | 2.15% | 2.15% | 14.66% |
Financials
TA.TO vs. STRL - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Corporation and Sterling Infrastructure, 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. STRL - Profitability Comparison
TA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, TransAlta Corporation reported a gross profit of 243.00M and revenue of 565.00M. Therefore, the gross margin over that period was 43.0%.
STRL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Sterling Infrastructure, Inc. reported a gross profit of 194.30M and revenue of 825.68M. Therefore, the gross margin over that period was 23.5%.
TA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, TransAlta Corporation reported an operating income of 24.00M and revenue of 565.00M, resulting in an operating margin of 4.3%.
STRL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Sterling Infrastructure, Inc. reported an operating income of 2.36M and revenue of 825.68M, resulting in an operating margin of 0.3%.
TA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, TransAlta Corporation reported a net income of 13.00M and revenue of 565.00M, resulting in a net margin of 2.3%.
STRL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Sterling Infrastructure, Inc. reported a net income of 95.97M and revenue of 825.68M, resulting in a net margin of 11.6%.
Frequently Asked Questions
TA.TO and STRL have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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