ReNew Energy Global (RNW) vs TransAlta (TAC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
TransAlta (TAC) has outperformed ReNew Energy Global (RNW) over the past year, losing 14.1% versus a loss of 14.9%. Over five years, TAC leads with a +14.5% price change compared with -18.8% for RNW. TransAlta is the larger company by market cap ($4.07 billion vs $2.51 billion), about 1.6 times the size.
On valuation, ReNew Energy Global trades at a lower forward P/E (9.9x vs 31.0x for TransAlta). TransAlta pays a dividend yielding 2.06%, while ReNew Energy Global does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | RNW | TAC |
|---|---|---|
| Share price | $6.89 | $12.88 |
| Market cap | $2.51B | $4.07B |
| 1-day change | +0.29% | -1.83% |
| YTD return | +21.95% | +1.90% |
| 1-year return | -14.94% | -14.13% |
| 5-year return | -18.85% | +14.49% |
| P/E ratio (TTM) | 20.88 | — |
| Forward P/E | 9.91 | 31.02 |
| EPS (TTM) | $0.33 | $-0.21 |
| Dividend yield | 0.00% | 2.06% |
| Annual dividend | $0.00 | $0.265 |
| Revenue (latest FY) | $1.14B | — |
| Revenue growth (YoY) | +16.39% | — |
| Net income (latest FY) | $45.00M | — |
| Operating margin | 10.39% | — |
| Net margin | 3.96% | — |
| 52-week high | $8.16 | $17.88 |
| 52-week low | $4.39 | $11.38 |
| Distance from 52-week high | -15.56% | -27.96% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +10.16% | +0.78% |
| Average volume | 2.16M | 1.75M |
| Shares outstanding | 246.20M | 316.30M |
| Employees | 4,720 | 1,350 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TransAlta offers a meaningfully higher dividend yield (2.06% vs 0.00%).
About ReNew Energy Global
RNW stock →ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India. It operates through two segments, Generation and Sale of Renewable Power, and Manufacturing of Power Equipment's.
Utilities · Electric Utilities: Central · 4,720 employees
About TransAlta
TAC stock →TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments.
Utilities · Electric Utilities: Central · 1,350 employees
RNW vs TAC FAQ
Which is bigger, ReNew Energy Global or TransAlta?
TransAlta (TAC) is larger, with a market capitalization of $4.07B compared with $2.51B for ReNew Energy Global (RNW).
Which stock has performed better over the past year, RNW or TAC?
TAC returned -14.13% over the past 12 months, compared with -14.94% for RNW (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, ReNew Energy Global or TransAlta?
TransAlta pays a dividend yielding 2.06%, while ReNew Energy Global does not currently pay a regular dividend.
Are ReNew Energy Global and TransAlta in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.