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The historical data trend for AltaGas's Total Payout Ratio 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: Total Payout Ratio Comparison
For the Oil & Gas Midstream subindustry, AltaGas's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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 Total Payout Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, AltaGas's Total Payout Ratio distribution charts can be found below:
* The bar in red indicates where AltaGas's Total Payout Ratio 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 Total Payout Ratio of 0.65 as of Aug. 14, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on AltaGas and its competitors.
Is AltaGas' Total Payout Ratio too high?
AltaGas' current Total Payout Ratio is 0.65. 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' Total Payout Ratio compare to WMB and EPD?
AltaGas' Total Payout Ratio of 0.65 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 Total Payout Ratio for an Oil & Gas company?
A good Total Payout Ratio depends on the Oil & Gas industry context. However, Total Payout Ratio 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 Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on AltaGas and its competitors. AltaGas's current Total Payout Ratio is 0.65. 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$36.77, compared to a current price of C$53.14 — trading 44.5% above its estimated fair value. The current Total Payout Ratio is 0.65. AltaGas' overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For AltaGas (TSX:ALA), the current Total Payout Ratio is 0.65 as of Aug. 14, 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$53.14 is trading 44.5% above its estimated GF Value™ of C$36.77.
GuruFocus considers AltaGas to be Significantly Overvalued.
Key valuation signals for TSX:ALA:
Total Payout Ratio: 0.65
GF Value™: C$36.77 vs. price of C$53.14 (44.5% 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.
77GF Score
Get the complete analysis for TSX:ALA
Total Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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