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AltaGas Ltd. (ALA.TO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

AltaGas Ltd. (ALA.TO)

Equity · Currency in CAD · Last updated May 18, 2025

Company Info

ISIN

CA0213611001

CUSIP

021361100

Sector

Utilities

Industry

Utilities - Regulated Gas

Highlights

Market Cap

CA$11.15B

EPS (TTM)

CA$1.88

PE Ratio

19.82

PEG Ratio

1.92

Total Revenue (TTM)

CA$12.89B

Gross Profit (TTM)

CA$3.16B

EBITDA (TTM)

CA$428.00M

Year Range

CA$28.90 - CA$40.98

Target Price

CA$41.60

Short %

2.47%

Short Ratio

5.56

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons:
ALA.TO vs. FRU.TO ALA.TO vs. PPL.TO ALA.TO vs. AVA ALA.TO vs. ^TNX ALA.TO vs. TLT ALA.TO vs. SPY ALA.TO vs. TPZ.TO ALA.TO vs. VFV.TO ALA.TO vs. VSP.TO ALA.TO vs. EMA.TO
Popular comparisons:
ALA.TO vs. FRU.TO ALA.TO vs. PPL.TO ALA.TO vs. AVA ALA.TO vs. ^TNX ALA.TO vs. TLT ALA.TO vs. SPY ALA.TO vs. TPZ.TO ALA.TO vs. VFV.TO ALA.TO vs. VSP.TO ALA.TO vs. EMA.TO

Performance

Performance Chart

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Returns By Period

AltaGas Ltd. (ALA.TO) returned 12.26% year-to-date (YTD) and 25.39% over the past 12 months. Over the past 10 years, ALA.TO returned 4.82% annually, underperforming the S&P 500 benchmark at 10.89%.

ALA.TO

YTD

12.26%

1M

-6.82%

6M

12.36%

1Y

25.39%

5Y*

24.86%

10Y*

4.82%

^GSPC (Benchmark)

YTD

1.30%

1M

12.79%

6M

1.49%

1Y

12.35%

5Y*

15.12%

10Y*

10.89%

*Annualized

Monthly Returns

The table below presents the monthly returns of ALA.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.18%5.69%12.28%3.37%-8.65%12.26%
20240.47%4.08%3.92%0.87%1.89%1.51%6.50%4.86%-2.19%-0.63%2.92%-1.32%24.98%
20236.42%-5.87%-2.60%5.19%-2.87%4.58%9.37%1.50%-0.35%-1.11%7.14%1.83%24.42%
2022-4.39%6.93%1.25%4.93%3.95%-10.19%5.04%-0.74%-5.74%-7.11%-8.14%4.75%-10.93%
20211.87%2.01%8.99%10.12%4.41%9.20%1.81%-4.02%-0.79%2.83%-4.85%12.72%52.03%
20208.16%-5.48%-35.92%31.23%-10.72%6.41%7.73%0.99%-4.22%5.52%10.84%0.87%0.41%
2019-2.68%32.12%-0.07%1.70%10.01%1.95%2.42%-10.15%8.02%-1.08%3.23%0.81%49.96%
2018-3.06%-3.51%-9.08%4.56%3.56%7.42%-1.85%-7.72%-14.56%-18.78%-11.67%-3.20%-46.84%
2017-8.21%0.73%-0.08%-0.12%-1.00%-0.85%-1.64%-3.98%4.43%2.94%0.35%-1.79%-9.37%
20166.69%-1.37%4.34%-8.20%-0.07%4.15%6.49%2.56%-0.07%-1.13%-1.13%4.40%16.81%
2015-0.57%5.12%-5.74%-2.64%-2.88%-3.69%-5.47%1.54%-8.67%3.17%-6.81%-0.75%-24.95%
20141.91%2.89%6.92%3.37%3.51%2.16%0.86%6.87%-9.82%-1.36%-8.57%2.63%10.26%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 90, ALA.TO is among the top 10% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of ALA.TO is 9090
Overall Rank
The Sharpe Ratio Rank of ALA.TO is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of ALA.TO is 8585
Sortino Ratio Rank
The Omega Ratio Rank of ALA.TO is 8686
Omega Ratio Rank
The Calmar Ratio Rank of ALA.TO is 9696
Calmar Ratio Rank
The Martin Ratio Rank of ALA.TO is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for AltaGas Ltd. (ALA.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

AltaGas Ltd. Sharpe ratios as of May 18, 2025 (values are recalculated daily):

  • 1-Year: 1.46
  • 5-Year: 1.18
  • 10-Year: 0.16
  • All Time: 0.40

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of AltaGas Ltd. compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend History

AltaGas Ltd. provided a 3.24% dividend yield over the last twelve months, with an annual payout of CA$1.21 per share. The company has been increasing its dividends for 5 consecutive years.

4.00%6.00%8.00%10.00%12.00%14.00%16.00%CA$0.00CA$0.50CA$1.00CA$1.50CA$2.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
DividendCA$1.21CA$1.19CA$1.12CA$1.06CA$1.00CA$0.96CA$0.96CA$2.09CA$2.12CA$2.03CA$1.89CA$1.69

Dividend yield

3.24%3.55%4.03%4.53%3.66%5.15%4.85%15.02%7.39%5.99%6.10%3.90%

Monthly Dividends

The table displays the monthly dividend distributions for AltaGas Ltd.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025CA$0.00CA$0.00CA$0.32CA$0.00CA$0.00CA$0.32
2024CA$0.00CA$0.00CA$0.30CA$0.00CA$0.00CA$0.30CA$0.00CA$0.00CA$0.30CA$0.00CA$0.00CA$0.30CA$1.19
2023CA$0.00CA$0.00CA$0.28CA$0.00CA$0.00CA$0.28CA$0.00CA$0.00CA$0.28CA$0.00CA$0.00CA$0.28CA$1.12
2022CA$0.00CA$0.00CA$0.27CA$0.00CA$0.00CA$0.27CA$0.00CA$0.00CA$0.27CA$0.00CA$0.00CA$0.27CA$1.06
2021CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$1.00
2020CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.96
2019CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.96
2018CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.08CA$2.09
2017CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$2.12
2016CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$2.03
2015CA$0.15CA$0.15CA$0.15CA$0.15CA$0.16CA$0.16CA$0.16CA$0.16CA$0.16CA$0.17CA$0.17CA$0.17CA$1.89
2014CA$0.13CA$0.13CA$0.13CA$0.13CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$1.69

Dividend Yield & Payout

Dividend Yield

AltaGas Ltd. has a dividend yield of 3.24%, which is quite average when compared to the overall market.

Payout Ratio

AltaGas Ltd. has a payout ratio of 55.39%, which is quite average when compared to the overall market. This suggests that AltaGas Ltd. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the AltaGas Ltd.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the AltaGas Ltd. was 74.98%, occurring on Mar 23, 2020. Recovery took 1053 trading sessions.

The current AltaGas Ltd. drawdown is 8.65%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.98%Aug 20, 20141404Mar 23, 20201053Jun 3, 20242457
-57.35%Aug 12, 1999263Nov 16, 2000366Jun 24, 2002629
-49.76%Jun 18, 2008181Mar 9, 2009393Sep 30, 2010574
-26.67%Jul 2, 200241Aug 28, 2002126Feb 27, 2003167
-21.23%Sep 13, 200527Oct 20, 200531Dec 2, 200558

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Financials

Financial Performance

The chart below illustrates the trends in the financial health of AltaGas Ltd. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly
0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of AltaGas Ltd., comparing actual results with analytics estimates. The company met analyst expectations for EPS in the past quarter.

0.000.501.0020212022202320242025
1.14
1.14
Actual
Estimate

Valuation

The Valuation section provides an overview of how AltaGas Ltd. is priced in the market compared to other companies in the Utilities - Regulated Gas industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.

PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for ALA.TO, comparing it with other companies in the Utilities - Regulated Gas industry. Currently, ALA.TO has a P/E ratio of 19.8. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for ALA.TO compared to other companies in the Utilities - Regulated Gas industry. ALA.TO currently has a PEG ratio of 1.9. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for ALA.TO relative to other companies in the Utilities - Regulated Gas industry. Currently, ALA.TO has a P/S ratio of 0.9. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for ALA.TO in comparison with other companies in the Utilities - Regulated Gas industry. Currently, ALA.TO has a P/B value of 1.3. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement

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EBITDA

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EBIT

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Earnings From Continuing Operations

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Net Income

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Other Non-Operating Income (Expenses)

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Extraordinary Items

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Discontinued Operations

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Effect Of Accounting Charges

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Non Recurring

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Minority Interest

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Values in undefined except per share items