AltaGas Future Growth
Future criteria checks 1/6
AltaGas is forecast to grow earnings and revenue by 5.5% and 3.4% per annum respectively. EPS is expected to grow by 3.7% per annum. Return on equity is forecast to be 9.3% in 3 years.
Key information
5.5%
Earnings growth rate
3.7%
EPS growth rate
| Gas Utilities earnings growth | 14.1% |
| Revenue growth rate | 3.4% |
| Future return on equity | 9.3% |
| Analyst coverage | Good |
| Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
AltaGas Ltd.'s (TSE:ALA) Shareholders Might Be Looking For Exit
Apr 19
Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?
Mar 29AltaGas (TSE:ALA) Strong Profits May Be Masking Some Underlying Issues
Mar 14AltaGas' (TSE:ALA) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Is Now The Time To Put AltaGas (TSE:ALA) On Your Watchlist?
Feb 28AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975
Feb 09AltaGas' (TSE:ALA) Upcoming Dividend Will Be Larger Than Last Year's
Jan 23Investors Still Waiting For A Pull Back In AltaGas Ltd. (TSE:ALA)
Jan 17AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975
Dec 27AltaGas (TSE:ALA) Will Pay A Dividend Of CA$0.28
Dec 13Need To Know: Analysts Are Much More Bullish On AltaGas Ltd. (TSE:ALA) Revenues
Dec 07Here's Why We Think AltaGas (TSE:ALA) Might Deserve Your Attention Today
Nov 27Is AltaGas Ltd. (TSE:ALA) Potentially Undervalued?
Nov 09AltaGas (TSE:ALA) Seems To Be Using A Lot Of Debt
Sep 13Should You Be Adding AltaGas (TSE:ALA) To Your Watchlist Today?
Aug 23The AltaGas Ltd. (TSE:ALA) Analysts Have Been Trimming Their Sales Forecasts
Aug 01Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?
Jul 20These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way
Jun 14Is AltaGas Ltd. (TSE:ALA) Trading At A 46% Discount?
May 27AltaGas (TSE:ALA) Has Announced That It Will Be Increasing Its Dividend To CA$0.28
May 09What Does AltaGas Ltd.'s (TSE:ALA) Share Price Indicate?
Apr 14These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way
Mar 02AltaGas (TSE:ALA) Is Increasing Its Dividend To CA$0.28
Feb 09Should You Think About Buying AltaGas Ltd. (TSE:ALA) Now?
Jan 10Growth Investors: Industry Analysts Just Upgraded Their AltaGas Ltd. (TSE:ALA) Revenue Forecasts By 11%
Dec 15Industry Analysts Just Made A Substantial Upgrade To Their AltaGas Ltd. (TSE:ALA) Revenue Forecasts
Oct 31AltaGas (TSE:ALA) Seems To Be Using A Lot Of Debt
Oct 08Is There Now An Opportunity In AltaGas Ltd. (TSE:ALA)?
Aug 25AltaGas (TSE:ALA) Use Of Debt Could Be Considered Risky
Jul 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 14,339 | 760 | 753 | 1,409 | 2 |
| 12/31/2025 | 14,269 | 704 | 612 | 1,386 | 3 |
| 12/31/2024 | 13,880 | 649 | 274 | 1,224 | 3 |
| 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 | 66 | 575 | N/A |
| 3/31/2018 | 2,663 | 47 | 41 | 530 | N/A |
| 12/31/2017 | 2,556 | 30 | 48 | 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 |
| 9/30/2013 | 2,003 | 155 | N/A | 382 | N/A |
| 6/30/2013 | 1,899 | 120 | N/A | 244 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALA's forecast earnings growth (5.5% per year) is above the savings rate (2%).
Earnings vs Market: ALA's earnings (5.5% per year) are forecast to grow slower than the Canadian market (11.9% per year).
High Growth Earnings: ALA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALA's revenue (3.4% per year) is forecast to grow slower than the Canadian market (6.6% per year).
High Growth Revenue: ALA's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALA's Return on Equity is forecast to be low in 3 years time (9.3%).