AltaGasTSX:ALA +1.02%77 EBITDA Margin % is 11.61% as of Mar. 2026, which is 21% below its 10-year median of 14.65. GuruFocus rates TSX:ALA with a GF Score™ of 77/100 and a GF Value™ of C$33.04 (Significantly Overvalued). The stock has 15 warning signs investors should review. Among 916 Oil & Gas companies, AltaGas ranks worse than 50.44% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. AltaGas's EBITDA for the
three
months ended in Mar. 2026 was C$461 Mil. AltaGas's Revenue for the
three
months ended in Mar. 2026 was C$3,970 Mil. Therefore, AltaGas's EBITDA margin for the quarter that ended in Mar. 2026 was 11.61%.
AltaGas (TSX:ALA) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
AltaGas EBITDA Margin % Related Terms
AltaGas EBITDA Margin % Historical Data
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The historical data trend for AltaGas's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSX:ALA vs WMB, EPD, KMI: EBITDA Margin % Comparison
For the Oil & Gas Midstream subindustry, AltaGas's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, AltaGas's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where AltaGas's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AltaGas (TSX:ALA) has a EBITDA Margin % of 11.61% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on AltaGas and its competitors. This is 21% below median its historical median of 14.65. According to the industry distribution chart, AltaGas ranks #462 out of 916 companies in the Oil & Gas industry, placing it in the top 50.4%.
Is AltaGas' EBITDA Margin % too high?
AltaGas' current EBITDA Margin % of 11.61% is 21% below median its 10-year median of 14.65. The Oil & Gas industry median EBITDA Margin % is 13.80. AltaGas' value of 11.61% is 15.9% below this industry median. Based on the distribution chart, AltaGas ranks #462 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, AltaGas has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AltaGas' EBITDA Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, AltaGas ranks #462 out of 916 companies for EBITDA Margin %. This places AltaGas in the lower half of its industry. The industry median EBITDA Margin % is 13.80. AltaGas' value of 11.61% is 15.9% below this benchmark. While the company's 10-year median is 14.65 vs. the industry median of 13.80, AltaGas has consistently been below 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 EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AltaGas's current EBITDA Margin % of 11.61% is 15.9% below 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on AltaGas and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AltaGas's current EBITDA Margin % is 11.61%, which is 21% below median its own 10-year median of 14.65. 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$33.04, compared to a current price of C$54.40 — trading 64.6% above its estimated fair value. The current EBITDA Margin % is 11.61%, which is 21% below median its 10-year median of 14.65 and 15.9% below the Oil & Gas industry median of 13.80. AltaGas' overall GF Score™ is 77/100 with 15 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For AltaGas (TSX:ALA), the current EBITDA Margin % is 11.61% as of Mar. 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$54.40 is trading 64.6% above its estimated GF Value™ of C$33.04.
GuruFocus considers AltaGas to be Significantly Overvalued.
Key valuation signals for TSX:ALA:
EBITDA Margin %: 11.61% (21% below median its 10-year median of 14.65)
GF Value™: C$33.04 vs. price of C$54.40 (64.6% above fair value)
Industry Position: 15.9% below the Oil & Gas median (#462 of 916)
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 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.
77GF Score
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