AltaGas Ltd (ALA) — Cash Flow Quality Index

Latest as of March 2026: 3.83x

AltaGas Ltd (ALA) has a Cash Flow Quality Index of 3.83x as of March 2026. Operating cash flow of CA$574.00 Million exceeds net income of CA$150.00 Million, indicating high earnings quality where cash backs reported profits. Explore AltaGas Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

3.83x
Operating CF / Net Income

Operating Cash Flow

CA$574.00 Million
CAD

Net Income

CA$150.00 Million
CAD

Data as of

Mar 2026
Most recent filing

AltaGas Ltd Cash Flow Quality Index (1998–2025)

Historical Cash Flow Quality Index for AltaGas Ltd across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check ALA tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for AltaGas Ltd (1998–2025)

Year-by-year earnings quality comparison for AltaGas Ltd. For live market cap and the full company financial profile, see how much is AltaGas Ltd worth.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2025 1.61x CA$1.24 Billion CA$768.00 Million ▼ -36.4%
2024 2.53x CA$1.54 Billion CA$608.00 Million ▲ +51.9%
2023 1.67x CA$1.12 Billion CA$673.00 Million ▲ +77.1%
2022 0.94x CA$539.00 Million CA$573.00 Million ▼ -56.7%
2021 2.17x CA$738.00 Million CA$340.00 Million ▲ +60.6%
2020 1.35x CA$773.00 Million CA$572.00 Million ▲ +84.5%
2019 0.73x CA$615.50 Million CA$840.30 Million ▼ -86.6%
2017 5.46x CA$545.20 Million CA$99.90 Million ▲ +155.3%
2016 2.14x CA$456.20 Million CA$213.40 Million ▼ -74.5%
2015 8.40x CA$501.20 Million CA$59.70 Million ▲ +153.5%
2014 3.31x CA$457.70 Million CA$138.20 Million ▲ +88.4%
2013 1.76x CA$366.34 Million CA$208.43 Million ▲ +44.4%
2012 1.22x CA$146.36 Million CA$120.26 Million ▼ -45.1%
2011 2.22x CA$209.85 Million CA$94.60 Million ▲ +16.6%
2010 1.90x CA$192.58 Million CA$101.26 Million ▲ +45.9%
2009 1.30x CA$184.15 Million CA$141.31 Million ▲ +3.8%
2008 1.26x CA$205.45 Million CA$163.57 Million ▼ -25.4%
2007 1.68x CA$183.28 Million CA$108.79 Million ▲ +31.4%
2006 1.28x CA$146.86 Million CA$114.51 Million ▲ +3.1%
2005 1.24x CA$112.31 Million CA$90.29 Million ▼ -44.6%
2004 2.24x CA$147.71 Million CA$65.80 Million ▼ -10.8%
2003 2.52x CA$96.47 Million CA$38.32 Million ▼ -4.1%
2002 2.62x CA$75.28 Million CA$28.69 Million ▲ +7.5%
2001 2.44x CA$45.40 Million CA$18.60 Million ▲ +94.2%
2000 1.26x CA$21.54 Million CA$17.15 Million ▼ -42.4%
1999 2.18x CA$24.00 Million CA$11.00 Million ▲ +60.8%
1998 1.36x CA$9.50 Million CA$7.00 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.