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AltaGas's gross profit for the
three
months ended in Jun. 2026 was C$703 Mil. AltaGas's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was C$3,608 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. AltaGas's gross profit for the
three
months ended in Jun. 2026 was C$703 Mil. AltaGas's Revenue for the
three
months ended in Jun. 2026 was C$3,547 Mil. Therefore, AltaGas's Gross Margin % for the quarter that ended in Jun. 2026 was 19.82%.
AltaGas had a gross margin of 19.82% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of AltaGas was 53.80%. The lowest was 20.93%. And the median was 35.15%.
Warning Sign:
AltaGas Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.7%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
AltaGas had a gross margin of 19.82% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage
AltaGas Gross Profit Related Terms
AltaGas Gross Profit Historical Data
* Premium members only.
The historical data trend for AltaGas's Gross Profit 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.
For the Oil & Gas Midstream subindustry, AltaGas's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, AltaGas's Gross Profit distribution charts can be found below:
* The bar in red indicates where AltaGas's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3,608 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
AltaGas (TSX:ALA) has a Gross Profit of C$3,608 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on AltaGas and its competitors.
Is AltaGas' Gross Profit too high?
AltaGas' current Gross Profit is C$3,608 Mil. 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' Gross Profit compare to WMB and EPD?
AltaGas' Gross Profit of C$3,608 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on AltaGas and its competitors. AltaGas's current Gross Profit is C$3,608 Mil. 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$52.14 — trading 41.9% above its estimated fair value. The current Gross Profit is C$3,608 Mil. AltaGas' overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For AltaGas (TSX:ALA), the current Gross Profit is C$3,608 Mil 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$52.14 is trading 41.9% above its estimated GF Value™ of C$36.75.
GuruFocus considers AltaGas to be Significantly Overvalued.
Key valuation signals for TSX:ALA:
Gross Profit: C$3,608 Mil
GF Value™: C$36.75 vs. price of C$52.14 (41.9% above fair value)
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.
73GF Score
Get the complete analysis for TSX:ALA
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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