AltaGas (TSX:ALA) Minority Interest: C$719.00 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:ALA AltaGas Ltd TSX:ALA
74 GF Score
Price C$55.51
GF Value C$32.95
Valuation Significantly Overvalued
! 15 Warning Signs
View Full Analysis

What is AltaGas Minority Interest?

AltaGas TSX:ALA -1.28% 74 Minority Interest is C$719.00 Mil as of Mar. 2026. GuruFocus rates TSX:ALA with a GF Score™ of 74/100 and a GF Value™ of C$32.95 (Significantly Overvalued). The stock has 15 warning signs investors should review.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

AltaGas's minority interest for the quarter that ended in Mar. 2026 was C$719.00 Mil.

AltaGas Minority Interest Historical Data

* Premium members only.

The historical data trend for AltaGas's Minority Interest 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.

AltaGas Minority Interest Chart

AltaGas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 652.00 162.00 150.00 294.00 633.00

AltaGas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Minority Interest Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 380.00 458.00 569.00 633.00 719.00
TSX:ALA
74GF Score
AltaGas Ltd TSX:ALA
Minority Interest is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AltaGas Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of C$719.00 Mil mean?
AltaGas (TSX:ALA) has a Minority Interest of C$719.00 Mil as of Mar. 2026. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on AltaGas.
Is AltaGas' Minority Interest too high?
AltaGas' current Minority Interest is C$719.00 Mil. Overall, AltaGas has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AltaGas' Minority Interest compare to WMB and EPD?
AltaGas' Minority Interest of C$719.00 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 Minority Interest for an Oil & Gas company?
A good Minority Interest depends on the Oil & Gas industry context. However, Minority Interest 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 Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on AltaGas. AltaGas's current Minority Interest is C$719.00 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$32.95, compared to a current price of C$55.51 — trading 68.5% above its estimated fair value. The current Minority Interest is C$719.00 Mil. AltaGas' overall GF Score™ is 74/100 with 15 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For AltaGas (TSX:ALA), the current Minority Interest is C$719.00 Mil 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$55.51 is trading 68.5% above its estimated GF Value™ of C$32.95. GuruFocus considers AltaGas to be Significantly Overvalued.

Key valuation signals for TSX:ALA:

  • Minority Interest: C$719.00 Mil
  • GF Value™: C$32.95 vs. price of C$55.51 (68.5% above fair value)
  • GF Score™: 74/100 with 15 warning signs

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.
74GF Score

Get the complete analysis for TSX:ALA

Minority Interest is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$55.51
Price
C$32.95
GF Value