AltaGas Future Growth
Future criteria checks 1/6
AltaGas is forecast to grow earnings and revenue by 14.2% and 7% per annum respectively. EPS is expected to grow by 14.6% per annum. Return on equity is forecast to be 9% in 3 years.
Key information
14.2%
Earnings growth rate
14.6%
EPS growth rate
Gas Utilities earnings growth | 11.1% |
Revenue growth rate | 7.0% |
Future return on equity | 9.0% |
Analyst coverage | Good |
Last updated | 01 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 14,574 | 732 | 561 | 1,300 | 2 |
12/31/2025 | 13,764 | 673 | 391 | 1,227 | 2 |
12/31/2024 | 12,723 | 599 | 148 | 1,252 | 2 |
9/30/2024 | 12,477 | 488 | -72 | 1,184 | N/A |
6/30/2024 | 12,748 | 429 | 73 | 1,166 | N/A |
3/31/2024 | 12,604 | 604 | 69 | 1,087 | N/A |
12/31/2023 | 12,997 | 641 | 178 | 1,121 | N/A |
9/30/2023 | 13,606 | 582 | -331 | 679 | N/A |
6/30/2023 | 13,633 | 584 | -725 | 292 | N/A |
3/31/2023 | 14,243 | 487 | -533 | 448 | N/A |
12/31/2022 | 14,087 | 399 | -419 | 539 | N/A |
9/30/2022 | 13,330 | 189 | -192 | 670 | N/A |
6/30/2022 | 12,612 | 262 | 386 | 1,263 | N/A |
3/31/2022 | 11,380 | 250 | 11 | 815 | N/A |
12/31/2021 | 10,573 | 230 | -76 | 738 | N/A |
9/30/2021 | 9,123 | 435 | 95 | 903 | N/A |
6/30/2021 | 7,753 | 363 | -105 | 647 | N/A |
3/31/2021 | 6,803 | 360 | 61 | 903 | N/A |
12/31/2020 | 5,587 | 486 | -70 | 773 | N/A |
9/30/2020 | 5,432 | 334 | -172 | 781 | N/A |
6/30/2020 | 5,351 | 403 | -375 | 798 | N/A |
3/31/2020 | 5,466 | 423 | -621 | 664 | N/A |
12/31/2019 | 5,495 | 769 | -718 | 616 | N/A |
9/30/2019 | 5,687 | 1,046 | -937 | 540 | N/A |
6/30/2019 | 5,841 | 298 | -1,174 | 215 | N/A |
3/31/2019 | 5,276 | 259 | -1,023 | 159 | N/A |
12/31/2018 | 4,257 | -502 | -1,107 | -79 | N/A |
9/30/2018 | 3,274 | -687 | -528 | 132 | N/A |
6/30/2018 | 2,734 | 57 | N/A | 575 | N/A |
3/31/2018 | 2,663 | 47 | N/A | 530 | N/A |
12/31/2017 | 2,556 | 30 | N/A | 541 | N/A |
9/30/2017 | 2,485 | 79 | N/A | 526 | N/A |
6/30/2017 | 2,476 | 108 | N/A | 514 | N/A |
3/31/2017 | 2,371 | 132 | N/A | 518 | N/A |
12/31/2016 | 2,201 | 155 | N/A | 456 | N/A |
9/30/2016 | 2,100 | 63 | N/A | 412 | N/A |
6/30/2016 | 2,049 | 37 | N/A | 397 | N/A |
3/31/2016 | 2,054 | -1 | N/A | 436 | N/A |
12/31/2015 | 2,183 | 10 | N/A | 501 | N/A |
9/30/2015 | 2,272 | 74 | N/A | 509 | N/A |
6/30/2015 | 2,274 | 71 | N/A | 521 | N/A |
3/31/2015 | 2,303 | 122 | N/A | 487 | N/A |
12/31/2014 | 2,401 | 96 | N/A | 458 | N/A |
9/30/2014 | 2,324 | 139 | N/A | 334 | N/A |
6/30/2014 | 2,268 | 165 | N/A | 416 | N/A |
3/31/2014 | 2,261 | 172 | N/A | 438 | N/A |
12/31/2013 | 2,052 | 182 | N/A | 366 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALA.PRG's forecast earnings growth (14.2% per year) is above the savings rate (2.3%).
Earnings vs Market: ALA.PRG's earnings (14.2% per year) are forecast to grow slower than the Canadian market (16.4% per year).
High Growth Earnings: ALA.PRG's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALA.PRG's revenue (7% per year) is forecast to grow slower than the Canadian market (7.1% per year).
High Growth Revenue: ALA.PRG's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALA.PRG's Return on Equity is forecast to be low in 3 years time (9%).