TransAlta Renewables Inc
TSX:RNW
Operating Margin
TransAlta Renewables Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| CA |
|
TransAlta Renewables Inc
TSX:RNW
|
3.3B CAD |
18%
|
|
| CN |
|
China Yangtze Power Co Ltd
SSE:600900
|
751.7B CNY |
54%
|
|
| ID |
B
|
Barito Renewables Energy PT Tbk
IDX:BREN
|
819.4T IDR |
73%
|
|
| CN |
|
Huaneng Lancang River Hydropower Inc
SSE:600025
|
178.2B CNY |
51%
|
|
| CN |
|
China Longyuan Power Group Corp Ltd
HKEX:916
|
146.3B HKD |
29%
|
|
| IN |
|
Adani Green Energy Ltd
NSE:ADANIGREEN
|
1.5T INR |
57%
|
|
| CN |
|
China Three Gorges Renewables Group Co Ltd
SSE:600905
|
121.9B CNY |
39%
|
|
| ES |
E
|
EDP Renovaveis SA
ELI:EDPR
|
9.9B EUR |
13%
|
|
| CN |
|
Sichuan Chuantou Energy Co Ltd
SSE:600674
|
78.5B CNY |
35%
|
|
| IN |
N
|
Ntpc Green Energy Ltd
NSE:NTPCGREEN
|
876.4B INR |
52%
|
|
| IN |
|
NHPC Ltd
NSE:NHPC
|
812.3B INR |
42%
|
TransAlta Renewables Inc
Glance View
TransAlta Renewables Inc. has carved its niche in the field of renewable energy, emerging as a key player with a diversified portfolio. This Calgary-based company functions primarily as an owner and operator of clean energy assets, harnessing the power of the wind, sun, and flowing water. TransAlta Renewables is a subsidiary of TransAlta Corporation, and its operations span Canada, the United States, and Australia. What sets the company apart is its strategic focus on sustainable energy solutions, driven by its expansive assets including wind farms, solar parks, hydroelectric plants, and natural gas facilities. By prioritizing these renewable sources, the company not only contributes to the global energy transition but also capitalizes on the growing demand for clean energy. The company generates revenue through the sale of electricity generated from its renewable energy installations. TransAlta Renewables enters into power purchase agreements (PPAs) and other long-term contracts with utilities and corporate customers, ensuring a stable cash flow and mitigating market price volatility. These contracts usually span several years, guaranteeing a steady revenue stream and enhancing predictability for its earnings. Additionally, the company benefits from government incentives and regulatory frameworks aimed at promoting clean energy, further solidifying its financial health. By maintaining a strong asset base and focusing on cost-effective operations and strategic acquisitions, TransAlta Renewables aims to deliver reliable returns to its shareholders while championing green energy initiatives.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on TransAlta Renewables Inc's most recent financial statements, the company has Operating Margin of 17.9%.
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