AltaGas Ltd.

Toronto Stock Exchange ALA.TO

AltaGas Ltd. Return on Assets (ROA) for the year ending December 31, 2023: 2.87%

AltaGas Ltd. Return on Assets (ROA) is 2.87% for the year ending December 31, 2023, a 72.22% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

AltaGas Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was 1.66%, a 27.03% change year over year.
AltaGas Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 1.31%, a -48.88% change year over year.
AltaGas Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was 2.56%, a -39.12% change year over year.
AltaGas Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was 4.21%, a 327.31% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Toronto Stock Exchange: ALA.TO

AltaGas Ltd.

CEO	Mr. Vernon D. Yu
IPO Date	May 17, 2004
Location	Canada
Headquarters	355 - 4th Avenue SW
Employees	3,045
Sector	Utilities
Industries Gas Oil & Gas Petrochemicals Utilities

Description

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 extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 578 MW of power in California and Colorado. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

Key trends

Past 5 years