ATCO Future Growth

Future criteria checks 1/6

ATCO is forecast to grow earnings and revenue by 7.4% and 5.7% per annum respectively. EPS is expected to grow by 7.6% per annum. Return on equity is forecast to be 9.1% in 3 years.

Key information

7.4%

Earnings growth rate

7.6%

EPS growth rate

Integrated Utilities earnings growth	10.2%
Revenue growth rate	5.7%
Future return on equity	9.1%
Analyst coverage	Good
Last updated	10 May 2024

Recent future growth updates

No updates

Recent updates

ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt

Apr 16

ATCO Ltd.'s (TSE:ACO.X) Intrinsic Value Is Potentially 44% Above Its Share Price

Mar 15

ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756

Apr 18

Returns On Capital At ATCO (TSE:ACO.X) Have Stalled

Mar 30

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756

Feb 07

ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756

Jan 20

Are Investors Undervaluing ATCO Ltd. (TSE:ACO.X) By 24%?

Nov 10

ATCO (TSE:ACO.X) Takes On Some Risk With Its Use Of Debt

Oct 26

Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

Sep 29

An Intrinsic Calculation For ATCO Ltd. (TSE:ACO.X) Suggests It's 43% Undervalued

Aug 06

Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?

Jul 22

ATCO (TSE:ACO.X) May Have Issues Allocating Its Capital

Jun 30

Here's Why ATCO (TSE:ACO.X) Is Weighed Down By Its Debt Load

Apr 21

These Return Metrics Don't Make ATCO (TSE:ACO.X) Look Too Strong

Mar 30

ATCO's (TSE:ACO.X) Upcoming Dividend Will Be Larger Than Last Year's

Feb 04

ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.46

Jan 21

Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?

Oct 28

ATCO Ltd.'s (TSE:ACO.X) Intrinsic Value Is Potentially 32% Above Its Share Price

Jul 28

ATCO (TSE:ACO.X) Hasn't Managed To Accelerate Its Returns

Jul 15

Earnings and Revenue Growth Forecasts

TSX:ACO.X - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,592	N/A	1,400	2,678	1
12/31/2025	5,435	473	971	2,456	1
12/31/2024	5,249	465	942	2,321	1
3/31/2024	4,707	412	407	1,965	N/A
12/31/2023	4,741	432	400	1,965	N/A
9/30/2023	4,868	418	459	2,095	N/A
6/30/2023	4,968	398	383	2,061	N/A
3/31/2023	5,025	409	627	2,262	N/A
12/31/2022	4,978	370	813	2,396	N/A
9/30/2022	4,900	388	842	2,242	N/A
6/30/2022	4,719	369	909	2,170	N/A
3/31/2022	4,528	291	607	2,008	N/A
12/31/2021	4,289	246	518	1,864	N/A
9/30/2021	4,072	213	510	1,800	N/A
6/30/2021	3,992	215	534	1,786	N/A
3/31/2021	3,960	248	832	1,809	N/A
12/31/2020	3,944	252	815	1,843	N/A
9/30/2020	4,073	269	674	1,808	N/A
6/30/2020	4,273	375	685	1,890	N/A
3/31/2020	4,438	488	498	1,762	N/A
12/31/2019	4,706	513	340	1,542	N/A
9/30/2019	4,698	565	310	1,475	N/A
6/30/2019	4,712	520	156	1,315	N/A
3/31/2019	4,712	350	-125	1,061	N/A
12/31/2018	4,888	328	-235	999	N/A
9/30/2018	5,060	225	-425	910	N/A
6/30/2018	5,011	155	-526	864	N/A
3/31/2018	4,977	209	-307	1,060	N/A
12/31/2017	4,600	219	N/A	1,331	N/A
9/30/2017	4,386	287	N/A	1,506	N/A
6/30/2017	4,247	312	N/A	1,864	N/A
3/31/2017	4,110	331	N/A	1,932	N/A
12/31/2016	4,045	340	N/A	1,790	N/A
9/30/2016	4,040	239	N/A	1,727	N/A
6/30/2016	4,102	222	N/A	1,593	N/A
3/31/2016	4,117	169	N/A	1,585	N/A
12/31/2015	4,131	154	N/A	1,680	N/A
9/30/2015	4,180	249	N/A	1,645	N/A
6/30/2015	4,233	329	N/A	1,646	N/A
3/31/2015	4,400	387	N/A	1,686	N/A
12/31/2014	4,554	420	N/A	1,681	N/A
9/30/2014	4,542	397	N/A	1,789	N/A
6/30/2014	4,519	396	N/A	1,849	N/A
3/31/2014	4,486	428	N/A	1,958	N/A
12/31/2013	4,359	418	N/A	1,924	N/A
9/30/2013	4,275	445	N/A	1,884	N/A
6/30/2013	4,241	394	N/A	1,683	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACO.X's forecast earnings growth (7.4% per year) is above the savings rate (2.1%).

Earnings vs Market: ACO.X's earnings (7.4% per year) are forecast to grow slower than the Canadian market (13.7% per year).

High Growth Earnings: ACO.X's earnings are forecast to grow, but not significantly.

Revenue vs Market: ACO.X's revenue (5.7% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: ACO.X's revenue (5.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ACO.X's Return on Equity is forecast to be low in 3 years time (9.1%).

ATCO Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

New major risk - Revenue and earnings growth

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

New major risk - Revenue and earnings growth

ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt

Fourth quarter dividend of CA$0.49 announced

ATCO Ltd. Announces Quarterly Dividends, Payable on June 30, 2024

ATCO Ltd. to Report Q1, 2024 Results on May 02, 2024

ATCO Ltd.'s (TSE:ACO.X) Intrinsic Value Is Potentially 44% Above Its Share Price

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

New major risk - Revenue and earnings growth

Upcoming dividend of CA$0.49 per share

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4898

ATCO Ltd. to Report Fiscal Year 2023 Results on Feb 29, 2024

ATCO Ltd., Annual General Meeting, May 15, 2024

ATCO (TSE:ACO.X) Will Pay A Larger Dividend Than Last Year At CA$0.4898

Atco Ltd. Declares First Quarter Dividends on Class I Non-Voting Share and Class II Voting Share, Payable on March 31, 2024

Here's Why We Think ATCO (TSE:ACO.X) Might Deserve Your Attention Today

Return Trends At ATCO (TSE:ACO.X) Aren't Appealing

Upcoming dividend of CA$0.48 per share at 5.1% yield

Chair & CEO recently bought CA$1.3m worth of stock

Third quarter 2023 earnings released: EPS: CA$0.80 (vs CA$0.62 in 3Q 2022)

Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?

ATCO Ltd. to Report Q3, 2023 Results on Oct 26, 2023

Atco Ltd. Declares Quarterly Dividend on Class I Non-Voting and Class II Voting Share, Payable on December 31, 2023

Upcoming dividend of CA$0.48 per share at 5.0% yield

Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

Chair & CEO recently bought CA$931k worth of stock

New major risk - Financial position

Second quarter 2023 earnings released: EPS: CA$0.70 (vs CA$0.79 in 2Q 2022)

Here's Why ATCO (TSE:ACO.X) Has A Meaningful Debt Burden

ATCO Ltd. Declares Quarterly Dividend on Class I Non-Voting and Class II Voting Share, Payable on September 30, 2023

ATCO Ltd. to Report Q2, 2023 Results on Jul 27, 2023

A Look At The Intrinsic Value Of ATCO Ltd. (TSE:ACO.X)

Upcoming dividend of CA$0.48 per share at 4.4% yield

ATCO Ltd. Elects Jason T. Kenney as Director

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756

Returns On Capital At ATCO (TSE:ACO.X) Have Stalled

Full year 2022 earnings: EPS misses analyst expectations

Upcoming dividend of CA$0.48 per share at 4.4% yield

ATCO Ltd. to Report Fiscal Year 2022 Results on Mar 02, 2023

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756

ATCO Ltd., Annual General Meeting, May 10, 2023

Now 20% undervalued

ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756

ATCO Ltd. Declares First Quarter Dividend on Class I Non-Voting and Class II Voting Shares, Payable on March 31, 2023

ATCO Structures Inc. acquired Triple M Housing Ltd.

Upcoming dividend of CA$0.46 per share

Insufficient new directors

Are Investors Undervaluing ATCO Ltd. (TSE:ACO.X) By 24%?

Now 20% undervalued after recent price drop

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

ATCO (TSE:ACO.X) Takes On Some Risk With Its Use Of Debt

ATCO Ltd. Declares Quarterly Dividend on Class I Non-Voting Share and Class II Voting Share, Payable on December 31, 2022

ATCO Ltd. to Report Q3, 2022 Results on Oct 27, 2022

Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

Chair & CEO recently bought CA$1.2m worth of stock

Upcoming dividend of CA$0.46 per share

Chair & CEO recently bought CA$692k worth of stock

An Intrinsic Calculation For ATCO Ltd. (TSE:ACO.X) Suggests It's 43% Undervalued

Second quarter 2022 earnings: Revenues miss analyst expectations

Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?

ATCO Ltd. Declares Quarter Dividend, Payable on September 30, 2022

ATCO Ltd. to Report Q2, 2022 Results on Jul 28, 2022

ATCO (TSE:ACO.X) May Have Issues Allocating Its Capital

Chair & CEO recently bought CA$1.2m worth of stock

Insider recently sold CA$226k worth of stock

Upcoming dividend of CA$0.46 per share

First quarter 2022 earnings: EPS exceeds analyst expectations

Insufficient new directors

Here's Why ATCO (TSE:ACO.X) Is Weighed Down By Its Debt Load

ATCO Ltd. to Report Q1, 2022 Results on Apr 27, 2022

Insider recently bought CA$68k worth of stock

These Return Metrics Don't Make ATCO (TSE:ACO.X) Look Too Strong