AltaGas Past Earnings Performance
Past criteria checks 2/6
AltaGas has been growing earnings at an average annual rate of 23.6%, while the Gas Utilities industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 31.1% per year. AltaGas's return on equity is 4.8%, and it has net margins of 1.4%.
Key information
23.6%
Earnings growth rate
23.1%
EPS growth rate
| Gas Utilities Industry Growth | 8.1% |
| Revenue growth rate | 31.1% |
| Return on equity | 4.8% |
| Net Margin | 1.4% |
| Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How AltaGas makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 22 | 13,330 | 189 | 1,506 | 0 |
| 30 Jun 22 | 12,612 | 262 | 1,481 | 0 |
| 31 Mar 22 | 11,380 | 250 | 1,444 | 0 |
| 31 Dec 21 | 10,573 | 230 | 1,411 | 0 |
| 30 Sep 21 | 9,123 | 435 | 1,349 | 0 |
| 30 Jun 21 | 7,753 | 363 | 1,253 | 0 |
| 31 Mar 21 | 6,803 | 360 | 1,226 | 0 |
| 31 Dec 20 | 5,587 | 486 | 1,209 | 0 |
| 30 Sep 20 | 5,432 | 334 | 1,216 | 0 |
| 30 Jun 20 | 5,351 | 403 | 1,261 | 0 |
| 31 Mar 20 | 5,466 | 423 | 1,272 | 0 |
| 31 Dec 19 | 5,495 | 769 | 1,272 | 0 |
| 30 Sep 19 | 5,687 | 1,046 | 1,214 | 0 |
| 30 Jun 19 | 5,841 | 298 | 1,228 | 0 |
| 31 Mar 19 | 5,276 | 259 | 1,057 | 0 |
| 31 Dec 18 | 4,257 | -502 | 865 | 0 |
| 30 Sep 18 | 3,274 | -687 | 725 | 0 |
| 30 Jun 18 | 2,734 | 57 | 535 | 0 |
| 31 Mar 18 | 2,663 | 47 | 523 | 0 |
| 31 Dec 17 | 2,556 | 30 | 507 | 0 |
| 30 Sep 17 | 2,485 | 79 | 504 | 0 |
| 30 Jun 17 | 2,476 | 108 | 500 | 0 |
| 31 Mar 17 | 2,371 | 132 | 496 | 0 |
| 31 Dec 16 | 2,201 | 155 | 502 | 0 |
| 30 Sep 16 | 2,100 | 63 | 491 | 0 |
| 30 Jun 16 | 2,049 | 37 | 512 | 0 |
| 31 Mar 16 | 2,054 | -1 | 504 | 0 |
| 31 Dec 15 | 2,183 | 10 | 492 | 0 |
Quality Earnings: ALA.PRU has high quality earnings.
Growing Profit Margin: ALA.PRU's current net profit margins (1.4%) are lower than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ALA.PRU's earnings have grown significantly by 23.6% per year over the past 5 years.
Accelerating Growth: ALA.PRU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ALA.PRU had negative earnings growth (-56.6%) over the past year, making it difficult to compare to the Gas Utilities industry average (3.8%).
Return on Equity
High ROE: ALA.PRU's Return on Equity (4.8%) is considered low.