AltaGas Ltd Market Cap ($12.61 Billion)
Market Cap & Net Worth: AltaGas Ltd (ALA)
AltaGas Ltd market cap. AltaGas Ltd (TO:ALA) has a market capitalization of $12.61 Billion (CA$17.43 Billion) as of October 28, 2026. Listed on the TO stock exchange, this Canada-based company holds position #1818 globally and #66 in its home market, demonstrating a 0.27% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying AltaGas Ltd's stock price CA$55.87 by its total outstanding shares 312005563 (312.01 Million).
AltaGas Ltd Market Cap History (2015–2026)
AltaGas Ltd market cap history from 2015 to 2026. Data shows growth from $4.27 Billion to $12.61 Billion (9.40% CAGR). Check AltaGas Ltd stock price for real-time trading data and today's change.
Index Memberships
AltaGas Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.93 Trillion | 0.32% | #64 of 225 |
Weight: AltaGas Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
AltaGas Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how AltaGas Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Also see ALA cash flow conversion for how efficiently the company converts equity into cash flow.
Latest Price to Sales (P/S) Ratio
0.75x
AltaGas Ltd's market cap is 0.75 times its annual revenue
Latest Price to Earnings (P/E) Ratio
12.30x
AltaGas Ltd's market cap is 12.30 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $4.99 Billion | $2.20 Billion | $203.50 Million | 2.27x | 24.54x |
| 2017 | $4.53 Billion | $2.62 Billion | $91.60 Million | 1.73x | 49.41x |
| 2018 | $2.41 Billion | $4.19 Billion | -$435.10 Million | 0.57x | N/A |
| 2019 | $3.61 Billion | $5.51 Billion | $833.50 Million | 0.66x | 4.33x |
| 2020 | $3.62 Billion | $5.64 Billion | $552.00 Million | 0.64x | 6.56x |
| 2021 | $5.51 Billion | $10.63 Billion | $283.00 Million | 0.52x | 19.46x |
| 2022 | $4.90 Billion | $14.39 Billion | $523.00 Million | 0.34x | 9.38x |
| 2023 | $6.10 Billion | $12.89 Billion | $673.00 Million | 0.47x | 9.07x |
| 2024 | $7.56 Billion | $12.45 Billion | $596.00 Million | 0.61x | 12.68x |
| 2025 | $9.45 Billion | $12.55 Billion | $768.00 Million | 0.75x | 12.30x |
Competitor Companies of ALA by Market Capitalization
Companies near AltaGas Ltd in the global market cap rankings as of October 28, 2026. See AltaGas Ltd balance sheet quality to understand what proportion of total assets are financed by equity.
Key companies related to AltaGas Ltd by market ranking:
- Enbridge Inc (TO:ENB): Ranked #234 globally with a market cap of $107.45 Billion USD ( CA$148.54 Billion CAD).
- Williams Companies Inc (NYSE:WMB): Ranked #292 globally with a market cap of $90.61 Billion USD.
- Enterprise Products Partners LP (NYSE:EPD): Ranked #335 globally with a market cap of $80.27 Billion USD.
- Kinder Morgan Inc (NYSE:KMI): Ranked #414 globally with a market cap of $68.70 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #234 | Enbridge Inc | TO:ENB | $107.45 Billion | CA$68.01 |
| #292 | Williams Companies Inc | NYSE:WMB | $90.61 Billion | $74.09 |
| #335 | Enterprise Products Partners LP | NYSE:EPD | $80.27 Billion | $37.17 |
| #414 | Kinder Morgan Inc | NYSE:KMI | $68.70 Billion | $33.85 |
Market Capitalization of AltaGas Ltd (2015–2026)
Market capitalization of AltaGas Ltd from 2015 to today. Between 2015 and today, AltaGas Ltd's market cap moved from $4.27 Billion to $ 12.61 Billion, with a yearly change of 9.40%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$12.61 Billion | +33.50% |
| 2025 | CA$9.45 Billion | +25.00% |
| 2024 | CA$7.56 Billion | +23.84% |
| 2023 | CA$6.10 Billion | +24.42% |
| 2022 | CA$4.90 Billion | -10.93% |
| 2021 | CA$5.51 Billion | +51.99% |
| 2020 | CA$3.62 Billion | +0.41% |
| 2019 | CA$3.61 Billion | +49.96% |
| 2018 | CA$2.41 Billion | -46.84% |
| 2017 | CA$4.53 Billion | -9.37% |
| 2016 | CA$4.99 Billion | +16.81% |
| 2015 | CA$4.27 Billion | -- |
End of Day Market Cap According to Different Sources
On Oct 28th, 2026 the market cap of AltaGas Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $12.61 Billion USD |
| MoneyControl | $12.61 Billion USD |
| MarketWatch | $12.61 Billion USD |
| marketcap.company | $12.61 Billion USD |
| Reuters | $12.61 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About AltaGas Ltd
AltaGas Ltd. operates as an energy infrastructure company in North America. It operates through the Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, and rate-regulated natural gas distribution and storage utilities for residential and commercial customers. This segment also offers storage facilities and contracts for interstate natural gas tra… Read more