AltaGas Ltd.

OTCPK:AGAS.F Stock Report

Market Cap: US$6.2b

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AltaGas Past Earnings Performance

Past criteria checks 4/6

AltaGas has been growing earnings at an average annual rate of 18.9%, while the Gas Utilities industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 27.3% per year. AltaGas's return on equity is 7.9%, and it has net margins of 4.3%.

Key information

18.9%

Earnings growth rate

21.7%

EPS growth rate

Gas Utilities Industry Growth10.0%
Revenue growth rate27.3%
Return on equity7.9%
Net Margin4.3%
Next Earnings Update08 Mar 2024

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

OTCPK:AGAS.F Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2313,6065821,5070
30 Jun 2313,6335841,5140
31 Mar 2314,2434871,4830
31 Dec 2214,0873991,4940
30 Sep 2213,3301891,4780
30 Jun 2212,6122621,4530
31 Mar 2211,3802501,4440
31 Dec 2110,5732301,4110
30 Sep 219,1234351,3490
30 Jun 217,7533631,2530
31 Mar 216,8033601,2260
31 Dec 205,5874861,2090
30 Sep 205,4323341,2160
30 Jun 205,3514031,2610
31 Mar 205,4664231,2720
31 Dec 195,4957691,2720
30 Sep 195,6871,0461,2140
30 Jun 195,8412981,2280
31 Mar 195,2762591,0570
31 Dec 184,257-5028650
30 Sep 183,274-6877250
30 Jun 182,734575350
31 Mar 182,663475230
31 Dec 172,556305070
30 Sep 172,485795040
30 Jun 172,4761085000
31 Mar 172,3711324960
31 Dec 162,2011555020
30 Sep 162,100634910
30 Jun 162,049375120
31 Mar 162,054-15040
31 Dec 152,183104920
30 Sep 152,272744870
30 Jun 152,274714650
31 Mar 152,3031224540
31 Dec 142,401964510
30 Sep 142,3241394540
30 Jun 142,2681654480
31 Mar 142,2611724450
31 Dec 132,0521824310
30 Sep 132,0031554120
30 Jun 131,8991203880
31 Mar 131,6881103490

Quality Earnings: AGAS.F has a large one-off gain of CA$321.0M impacting its last 12 months of financial results to 30th September, 2023.

Growing Profit Margin: AGAS.F's current net profit margins (4.3%) are higher than last year (1.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AGAS.F has become profitable over the past 5 years, growing earnings by 18.9% per year.

Accelerating Growth: AGAS.F's earnings growth over the past year (207.9%) exceeds its 5-year average (18.9% per year).

Earnings vs Industry: AGAS.F earnings growth over the past year (207.9%) exceeded the Gas Utilities industry -11.2%.

Return on Equity

High ROE: AGAS.F's Return on Equity (7.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/02/19 04:47
End of Day Share Price 2023/11/22 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AltaGas Ltd. is covered by 25 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
Anthony LintonBarclays
Benjamin PhamBMO Capital Markets Equity Research