AltaGas Ltd.

AltaGas Ltd.verified

ALA.TO

Price:

$33.71

Market Cap:

$10.04B

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and e...[Read more]

Industry

Regulated Gas

IPO Date

2004-05-17

Stock Exchange

TSX

Ticker

ALA.TO

The ROE as of November 2024 (TTM) for AltaGas Ltd. (ALA.TO) is 6.36%

According to AltaGas Ltd.’s latest financial reports and current stock price. The company's current ROE is 6.36%. This represents a change of 302.54% compared to the average of 1.58% of the last 4 quarters.

AltaGas Ltd. (ALA.TO) Historical ROE (quarterly & annually)

How has ALA.TO ROE performed in the past?

The mean historical ROE of AltaGas Ltd. over the last ten years is 4.27%. The current 6.36% ROE has changed 48.92% with respect to the historical average. Over the past ten years (40 quarters), ALA.TO's ROE was at its highest in in the March 2019 quarter at 10.82%. The ROE was at its lowest in in the September 2018 quarter at -10.88%.

Quarterly (TTM)
Annual

Average

4.27%

Median

4.26%

Minimum

-6.20%

Maximum

11.55%

AltaGas Ltd. (ALA.TO) ROE by Quarter and Year

Discovering the peaks and valleys of AltaGas Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 262.37%

Maximum Annual ROE = 11.55%

Minimum Annual Increase = -409.47%

Minimum Annual ROE = -6.20%

Quarterly (TTM)
Annual
YearROEChange
20238.73%63.05%
20225.35%31.40%
20214.07%-48.05%
20207.84%-32.14%
201911.55%-286.38%
2018-6.20%-409.47%
20172.00%-54.92%
20164.44%262.37%
20151.23%-66.63%
20143.67%-49.00%

AltaGas Ltd. (ALA.TO) Average ROE

How has ALA.TO ROE performed in the past?

The current ROE of AltaGas Ltd. (ALA.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.05%

5-year avg

7.51%

10-year avg

4.27%

AltaGas Ltd. (ALA.TO) ROE vs. Peers

How is ALA.TO’s ROE compared to its peers?

AltaGas Ltd.’s ROE is less than Pembina Pipeline Corporation (12.10%), less than Keyera Corp. (12.20%), less than Emera Incorporated (6.78%), less than Algonquin Power & Utilities Corp. (2.30%), less than TC Energy Corporation (11.44%),

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