AltaGas (TSX:ALA) 3-Year EBITDA Growth Rate: 8.40% (As of Jun. 2026) — 12% Above Median

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TSX:ALA AltaGas Ltd TSX:ALA
73 GF Score
Price C$52.54
GF Value C$36.75
Valuation Significantly Overvalued
! 12 Warning Signs
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What is AltaGas 3-Year EBITDA Growth Rate?

AltaGas TSX:ALA +0.61% 73 3-Year EBITDA Growth Rate is 8.40% as of Jun. 2026, which is 12% above its 10-year median of 7.50. GuruFocus rates TSX:ALA with a GF Score™ of 73/100 and a GF Value™ of C$36.75 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 820 Oil & Gas companies, AltaGas ranks better than 63.29% on this metric.

AltaGas's EBITDA per Share for the three months ended in Jun. 2026 was C$2.04.

During the past 12 months, AltaGas's average EBITDA Per Share Growth Rate was -6.40% per year. During the past 3 years, the average EBITDA Per Share Growth Rate was 8.40% per year. During the past 5 years, the average EBITDA Per Share Growth Rate was 7.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

During the past 13 years, the highest 3-Year average EBITDA Per Share Growth Rate of AltaGas was 23.80% per year. The lowest was -7.80% per year. And the median was 7.50% per year.


AltaGas  (TSX:ALA) 3-Year EBITDA Growth Rate Explanation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.


AltaGas 3-Year EBITDA Growth Rate Related Terms


TSX:ALA vs WMB, EPD, ET: 3-Year EBITDA Growth Rate Comparison

For the Oil & Gas Midstream subindustry, AltaGas's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AltaGas 3-Year EBITDA Growth Rate vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AltaGas's 3-Year EBITDA Growth Rate distribution charts can be found below:

* The bar in red indicates where AltaGas's 3-Year EBITDA Growth Rate falls into.


TSX:ALA
73GF Score
AltaGas Ltd TSX:ALA
3-Year EBITDA Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AltaGas 3-Year EBITDA Growth Rate Calculation

This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

What does a 3-Year EBITDA Growth Rate of 8.40% mean?
AltaGas (TSX:ALA) has a 3-Year EBITDA Growth Rate of 8.40% as of Jun. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for AltaGas and its competitors. This is 12% above median its historical median of 7.50. According to the industry distribution chart, AltaGas ranks #301 out of 820 companies in the Oil & Gas industry, placing it in the top 36.7%.
Is AltaGas' 3-Year EBITDA Growth Rate too high?
AltaGas' current 3-Year EBITDA Growth Rate of 8.40% is 12% above median its 10-year median of 7.50. The Oil & Gas industry median 3-Year EBITDA Growth Rate is 0.65. AltaGas' value of 8.40% is 1192.3% above this industry median. Based on the distribution chart, AltaGas ranks #301 out of 820 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, AltaGas has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AltaGas' 3-Year EBITDA Growth Rate compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, AltaGas ranks #301 out of 820 companies for 3-Year EBITDA Growth Rate. This puts AltaGas in the upper half of its industry. The industry median 3-Year EBITDA Growth Rate is 0.65. AltaGas' value of 8.40% is 1192.3% above this benchmark. While the company's 10-year median is 7.50 vs. the industry median of 0.65, AltaGas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for an Oil & Gas company?
The median 3-Year EBITDA Growth Rate among Oil & Gas companies is 0.65, based on 820 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AltaGas's current 3-Year EBITDA Growth Rate of 8.40% is 1192.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for AltaGas and its competitors. For the Oil & Gas industry, the median 3-Year EBITDA Growth Rate is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AltaGas's current 3-Year EBITDA Growth Rate is 8.40%, which is 12% above median its own 10-year median of 7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltaGas stock overvalued right now?
Based on GuruFocus' analysis, AltaGas (TSX:ALA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$36.75, compared to a current price of C$52.54 — trading 43% above its estimated fair value. The current 3-Year EBITDA Growth Rate is 8.40%, which is 12% above median its 10-year median of 7.50 and 1192.3% above the Oil & Gas industry median of 0.65. AltaGas' overall GF Score™ is 73/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For AltaGas (TSX:ALA), the current 3-Year EBITDA Growth Rate is 8.40% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AltaGas (TSX:ALA) Overvalued in 2026?

Based on GuruFocus' analysis, AltaGas stock appears to be overvalued. The current stock price of C$52.54 is trading 43% above its estimated GF Value™ of C$36.75. GuruFocus considers AltaGas to be Significantly Overvalued.

Key valuation signals for TSX:ALA:

  • 3-Year EBITDA Growth Rate: 8.40% (12% above median its 10-year median of 7.50)
  • GF Value™: C$36.75 vs. price of C$52.54 (43% above fair value)
  • GF Score™: 73/100 with 12 warning signs
  • Industry Position: 1192.3% above the Oil & Gas median (#301 of 820)

No single metric tells the full story. See the TSX:ALA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AltaGas Business Description

Industry EnergyOil & Gas
Address 707 - 5th Street SW, Suite 1300, Calgary, AB, CAN, T2P 1V8
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.
73GF Score

Get the complete analysis for TSX:ALA

3-Year EBITDA Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$52.54
Price
C$36.75
GF Value