AltaGas has been growing earnings at an average annual rate of 17.3%, while the Gas Utilities industry saw earnings growing at 5.1% annually. Revenues have been growing at an average rate of 6.2% per year. AltaGas's return on equity is 5.4%, and it has net margins of 4%.
Key information
17.32%
Earnings growth rate
15.59%
EPS growth rate
Gas Utilities Industry Growth
10.04%
Revenue growth rate
6.18%
Return on equity
5.38%
Net Margin
3.95%
Last Earnings Update
31 Mar 2026
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:ATGF.F Revenue, expenses and earnings (CAD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
12,706
502
1,726
0
31 Dec 25
12,705
747
1,701
0
30 Sep 25
12,670
745
1,702
0
30 Jun 25
12,831
779
1,627
0
31 Mar 25
12,762
562
1,594
0
31 Dec 24
12,448
578
1,574
0
30 Sep 24
12,477
488
1,580
0
30 Jun 24
12,748
429
1,577
0
31 Mar 24
12,604
604
1,559
0
31 Dec 23
12,997
641
1,500
0
30 Sep 23
13,606
582
1,473
0
30 Jun 23
13,633
584
1,514
0
31 Mar 23
14,243
487
1,483
0
31 Dec 22
14,087
399
1,494
0
30 Sep 22
13,330
189
1,478
0
30 Jun 22
12,612
262
1,453
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
30 Sep 15
2,272
74
487
0
30 Jun 15
2,274
71
465
0
Quality Earnings: ATGF.F has high quality earnings.
Growing Profit Margin: ATGF.F's current net profit margins (4%) are lower than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ATGF.F's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: ATGF.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ATGF.F had negative earnings growth (-10.7%) over the past year, making it difficult to compare to the Gas Utilities industry average (19.4%).
Return on Equity
High ROE: ATGF.F's Return on Equity (5.4%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/25 01:06
End of Day Share Price
2026/05/22 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
AltaGas Ltd. is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.