ALA-PB.TO vs. KMI
Compare and contrast key facts about AltaGas Ltd. (ALA-PB.TO) and Kinder Morgan, Inc. (KMI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALA-PB.TO or KMI.
Correlation
The correlation between ALA-PB.TO and KMI is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALA-PB.TO vs. KMI - Performance Comparison
Key characteristics
ALA-PB.TO:
0.31
KMI:
2.00
ALA-PB.TO:
0.58
KMI:
2.46
ALA-PB.TO:
1.11
KMI:
1.40
ALA-PB.TO:
0.75
KMI:
1.63
ALA-PB.TO:
1.65
KMI:
7.31
ALA-PB.TO:
4.00%
KMI:
7.14%
ALA-PB.TO:
21.32%
KMI:
25.43%
ALA-PB.TO:
-60.59%
KMI:
-72.70%
ALA-PB.TO:
-5.30%
KMI:
-11.52%
Fundamentals
ALA-PB.TO:
CA$0.89
KMI:
$1.16
ALA-PB.TO:
23.79
KMI:
23.16
ALA-PB.TO:
0.00
KMI:
3.85
ALA-PB.TO:
0.00
KMI:
1.95
ALA-PB.TO:
CA$12.76B
KMI:
$15.52B
ALA-PB.TO:
CA$3.27B
KMI:
$7.72B
Returns By Period
In the year-to-date period, ALA-PB.TO achieves a -1.04% return, which is significantly lower than KMI's 0.81% return.
ALA-PB.TO
-1.04%
1.23%
5.69%
6.60%
22.93%
N/A
KMI
0.81%
8.42%
4.59%
50.56%
19.21%
0.59%
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Risk-Adjusted Performance
ALA-PB.TO vs. KMI — Risk-Adjusted Performance Rank
ALA-PB.TO
KMI
ALA-PB.TO vs. KMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AltaGas Ltd. (ALA-PB.TO) and Kinder Morgan, Inc. (KMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ALA-PB.TO vs. KMI - Dividend Comparison
ALA-PB.TO's dividend yield for the trailing twelve months is around 8.18%, more than KMI's 4.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALA-PB.TO AltaGas Ltd. | 8.18% | 8.41% | 9.71% | 6.08% | 3.63% | 6.78% | 7.14% | 6.37% | 3.79% | 4.64% | 1.38% | 0.00% |
KMI Kinder Morgan, Inc. | 4.27% | 4.18% | 6.38% | 6.10% | 6.76% | 7.59% | 4.49% | 4.71% | 2.77% | 2.41% | 12.94% | 4.02% |
Drawdowns
ALA-PB.TO vs. KMI - Drawdown Comparison
The maximum ALA-PB.TO drawdown since its inception was -60.59%, smaller than the maximum KMI drawdown of -72.70%. Use the drawdown chart below to compare losses from any high point for ALA-PB.TO and KMI. For additional features, visit the drawdowns tool.
Volatility
ALA-PB.TO vs. KMI - Volatility Comparison
AltaGas Ltd. (ALA-PB.TO) and Kinder Morgan, Inc. (KMI) have volatilities of 8.86% and 9.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALA-PB.TO vs. KMI - Financials Comparison
This section allows you to compare key financial metrics between AltaGas Ltd. and Kinder Morgan, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALA-PB.TO vs. KMI - Profitability Comparison
ALA-PB.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, AltaGas Ltd. reported a gross profit of 1.21B and revenue of 3.97B. Therefore, the gross margin over that period was 30.4%.
KMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Kinder Morgan, Inc. reported a gross profit of 2.16B and revenue of 4.24B. Therefore, the gross margin over that period was 50.8%.
ALA-PB.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, AltaGas Ltd. reported an operating income of 593.00M and revenue of 3.97B, resulting in an operating margin of 14.9%.
KMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Kinder Morgan, Inc. reported an operating income of 1.15B and revenue of 4.24B, resulting in an operating margin of 27.0%.
ALA-PB.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, AltaGas Ltd. reported a net income of 397.00M and revenue of 3.97B, resulting in a net margin of 10.0%.
KMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Kinder Morgan, Inc. reported a net income of 717.00M and revenue of 4.24B, resulting in a net margin of 16.9%.