AltaGas Ltd (ALA) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.058x

Based on the latest financial reports, AltaGas Ltd (ALA) has a cash flow conversion efficiency ratio of 0.058x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$574.00 Million ≈ $415.22 Million USD) by net assets (CA$9.86 Billion ≈ $7.14 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AltaGas Ltd (ALA) liquidity interval to measure how many days the company can operate on defensive assets alone.

AltaGas Ltd - Cash Flow Conversion Efficiency Trend (1998–2025)

This chart illustrates how AltaGas Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

AltaGas Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of AltaGas Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Indus Towers Limited NSE:INDUSTOWER	0.219x
TATA CONSUMER PRODUCTS LIMITED NSE:TATACONSUM	0.008x
DT Midstream Inc NYSE:DTM	0.060x
Graco Inc NYSE:GGG	0.044x
National Silicon Industry Group Co Ltd SHG:688126	-0.016x
Fidelity National Financial Inc NYSE:FNF	0.100x
UDR Inc NYSE:UDR	0.039x
Kuang Chi Technologies Co Ltd SHE:002625	0.007x

Annual Cash Flow Conversion Efficiency for AltaGas Ltd (1998–2025)

The table below shows the annual cash flow conversion efficiency of AltaGas Ltd from 1998 to 2025. For the full company profile with market capitalisation and key ratios, see ALA market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$9.55 Billion ≈ $6.91 Billion	CA$1.24 Billion ≈ $893.38 Million	0.129x	-23.92%
2024-12-31	CA$9.05 Billion ≈ $6.54 Billion	CA$1.54 Billion ≈ $1.11 Billion	0.170x	+19.26%
2023-12-31	CA$7.86 Billion ≈ $5.69 Billion	CA$1.12 Billion ≈ $810.91 Million	0.143x	+101.50%
2022-12-31	CA$7.62 Billion ≈ $5.51 Billion	CA$539.00 Million ≈ $389.90 Million	0.071x	-27.13%
2021-12-31	CA$7.60 Billion ≈ $5.50 Billion	CA$738.00 Million ≈ $533.86 Million	0.097x	-3.77%
2020-12-31	CA$7.66 Billion ≈ $5.54 Billion	CA$773.00 Million ≈ $559.18 Million	0.101x	+20.80%
2019-12-31	CA$7.37 Billion ≈ $5.33 Billion	CA$615.50 Million ≈ $445.24 Million	0.084x	+911.92%
2018-12-31	CA$7.64 Billion ≈ $5.53 Billion	CA$-78.60 Million ≈ $-56.86 Million	-0.010x	-108.75%
2017-12-31	CA$4.64 Billion ≈ $3.36 Billion	CA$545.20 Million ≈ $394.39 Million	0.118x	+18.90%
2016-12-31	CA$4.62 Billion ≈ $3.34 Billion	CA$456.20 Million ≈ $330.01 Million	0.099x	-17.11%
2015-12-31	CA$4.20 Billion ≈ $3.04 Billion	CA$501.20 Million ≈ $362.56 Million	0.119x	-6.88%
2014-12-31	CA$3.57 Billion ≈ $2.59 Billion	CA$457.70 Million ≈ $331.09 Million	0.128x	-1.09%
2013-12-31	CA$2.83 Billion ≈ $2.05 Billion	CA$366.34 Million ≈ $265.01 Million	0.129x	+76.91%
2012-12-31	CA$2.00 Billion ≈ $1.45 Billion	CA$146.36 Million ≈ $105.87 Million	0.073x	-52.50%
2011-12-31	CA$1.36 Billion ≈ $985.35 Million	CA$209.85 Million ≈ $151.81 Million	0.154x	-3.12%
2010-12-31	CA$1.21 Billion ≈ $876.04 Million	CA$192.58 Million ≈ $139.31 Million	0.159x	-9.42%
2009-12-31	CA$1.05 Billion ≈ $758.73 Million	CA$184.15 Million ≈ $133.21 Million	0.176x	-18.18%
2008-12-31	CA$957.44 Million ≈ $692.60 Million	CA$205.45 Million ≈ $148.62 Million	0.215x	-31.55%
2007-12-31	CA$584.69 Million ≈ $422.95 Million	CA$183.28 Million ≈ $132.58 Million	0.313x	+13.00%
2006-12-31	CA$529.42 Million ≈ $382.97 Million	CA$146.86 Million ≈ $106.24 Million	0.277x	+18.21%
2005-12-31	CA$478.59 Million ≈ $346.20 Million	CA$112.31 Million ≈ $81.24 Million	0.235x	-23.18%
2004-12-31	CA$483.51 Million ≈ $349.77 Million	CA$147.71 Million ≈ $106.85 Million	0.305x	+15.05%
2003-12-31	CA$363.33 Million ≈ $262.83 Million	CA$96.47 Million ≈ $69.78 Million	0.266x	+18.60%
2002-12-31	CA$336.26 Million ≈ $243.25 Million	CA$75.28 Million ≈ $54.46 Million	0.224x	+28.31%
2001-12-31	CA$260.20 Million ≈ $188.23 Million	CA$45.40 Million ≈ $32.84 Million	0.174x	+101.95%
2000-12-31	CA$249.35 Million ≈ $180.37 Million	CA$21.54 Million ≈ $15.58 Million	0.086x	-17.17%
1999-12-31	CA$230.10 Million ≈ $166.45 Million	CA$24.00 Million ≈ $17.36 Million	0.104x	+41.41%
1998-12-31	CA$128.80 Million ≈ $93.17 Million	CA$9.50 Million ≈ $6.87 Million	0.074x	--

About AltaGas Ltd

TO:ALA Canada Oil & Gas Midstream

Market Cap

$12.24 Billion

CA$16.92 Billion CAD

Market Cap Rank

#1927 Global

#69 in Canada

Share Price

CA$54.31

Change (1 day)

+0.72%

52-Week Range

CA$38.13 - CA$54.31

All Time High

CA$54.31