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AltaGas Ltd. (ALA.TO)

AltaGas Ltd. (ALA.TO)
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AltaGas Ltd is a North American energy infrastructure company that connects customers and markets to energy sources. AltaGas has three reporting segments: Utilities, Midstream, and Corporate/Other. The majority of its revenue is generated from the Midstream segment, which operates a North American energy platform that moves natural gas and LPGs from the wellhead to markets. It exports propane and butane to Asia through its LPG terminals, and runs natural gas gathering, processing, fractionation, liquids handling, and storage infrastructure. The segment also includes its natural gas and natural gas liquids (NGLs) marketing business, domestic logistics, trucking and rail terminals, and liquid and natural gas storage capability. Geographically, the firm derives its key revenue from the U.S.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 12,705,000 12,448,000 12,997,000 14,087,000 10,573,000
Sales Growth +2.06% -4.22% -7.74% +33.24% +89.24%
Net Income 768,000 596,000 673,000 523,000 283,000
Net Income Growth +28.86% -11.44% +28.68% +84.81% -48.73%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 26,770,000 26,092,000 23,471,000 23,965,000 21,593,000
Total Assets Growth +2.60% +11.17% -2.06% +10.99% +0.28%
Total Liabilities 17,222,000 17,046,000 15,608,000 16,347,000 13,992,000
Total Liabilities Growth +1.03% +9.21% -4.52% +16.83% +0.87%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 1,235,000 1,538,000 1,121,000 539,000 738,000
Operating Cash Flow Growth -19.70% +37.20% +107.98% -26.96% -4.53%
Net Cash Flow 10,000 -12,000 40,000 -23,000 10,000
Change in Net Cash Flow +183.33% -130.00% +273.91% -330.00% +121.74%
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