GoAI
Get started
Algoma Steel Group Inc. logo

Algoma Steel Group Inc.

ASTL

NASDAQBasic MaterialsSteel

Open in GoAI

Previous close

$4.65

+$0.09 · +1.97%

Aug 21, 4:00 PM ET

ASTL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

29

Weakening

Sentiment

53

Mixed

Risk resilience

26

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Algoma Steel Group Inc. operates as a key North American producer and distributor of steel products. The company's offerings include a diverse range of flat and sheet steels, such as temper-rolled, cold-rolled, hot-rolled pickled and oiled items, floor plates, and custom-cut lengths. These flat products serve critical sectors like the automotive industry, manufacturers of hollow structural products, and various light manufacturing and transportation businesses. Additionally, Algoma Steel supplies plate steel—in rolled, hot-rolled, and heat-treated forms—which is integral to the construction of railcars, buildings, bridges, heavy off-highway equipment, storage tanks, ships, and military defense applications. Established in 1901, Algoma Steel Group Inc. is headquartered in Sault Ste. Marie, Canada.

Industry
Steel
Sector
Basic Materials
Headquarters
CA
CEO
Rajat Marwah
Listed since
Mar 4, 2021
Employees
2,400

Market position

Day range

Current $4.65

52-week range

Current $4.65

Open
$4.605
Previous close
$4.56
Volume
2.11M
1.82× average
Average volume
1.16M
Average daily volume
Market cap
490.06M USD
Beta
1.63
Market reference 1
50-day average
$4.1671
+11.59% above average
200-day average
$4.3632
+6.57% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.4B CAD
EV / EBITDA
-1.62×
Earnings yield
-161.05%
Free cash flow yield
-64.52%

Profitability & efficiency

Return on equity
-200.55%
Return on assets
-46.55%
Return on invested capital
-32.64%

Financial health

Current ratio
2.18×
Altman Z-score
-0.84
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends48%14%-21%-56%Gross margin, FY2022: 39.78%Gross margin, FY2023: 14.03%Gross margin, FY2024: 10.98%Gross margin, FY2025: -6.62%Gross margin, FY2026: -31.87%Operating margin, FY2022: 37.07%Operating margin, FY2023: 10.46%Operating margin, FY2024: 5.98%Operating margin, FY2025: -12.22%Operating margin, FY2026: -37.25%Net margin, FY2022: 22.54%Net margin, FY2023: 10.74%Net margin, FY2024: 3.76%Net margin, FY2025: -9.07%Net margin, FY2026: -47.22%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 39.78%. Gross margin FY2023 14.03%. Gross margin FY2024 10.98%. Gross margin FY2025 -6.62%. Gross margin FY2026 -31.87%. Operating margin FY2022 37.07%. Operating margin FY2023 10.46%. Operating margin FY2024 5.98%. Operating margin FY2025 -12.22%. Operating margin FY2026 -37.25%. Net margin FY2022 22.54%. Net margin FY2023 10.74%. Net margin FY2024 3.76%. Net margin FY2025 -9.07%. Net margin FY2026 -47.22%.

Income trends

Revenue

2.09B CAD+22.27%

Operating income

−777M CAD-272.72%

Net income

−984.9M CAD-536.53%
Income trends across reported periods4.29B CAD2.37B CAD452.37M CAD−1.46B CADRevenue, FY2022: 3.81B CADRevenue, FY2023: 2.78B CADRevenue, FY2024: 2.8B CADRevenue, FY2025: 1.71B CADRevenue, FY2026: 2.09B CADOperating income, FY2022: 1.41B CADOperating income, FY2023: 290.5M CADOperating income, FY2024: 167.3M CADOperating income, FY2025: −208.47M CADOperating income, FY2026: −777M CADNet income, FY2022: 857.7M CADNet income, FY2023: 298.5M CADNet income, FY2024: 105.2M CADNet income, FY2025: −154.73M CADNet income, FY2026: −984.9M CADFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 3.81B CAD. Revenue FY2023 2.78B CAD. Revenue FY2024 2.8B CAD. Revenue FY2025 1.71B CAD. Revenue FY2026 2.09B CAD. Operating income FY2022 1.41B CAD. Operating income FY2023 290.5M CAD. Operating income FY2024 167.3M CAD. Operating income FY2025 −208.47M CAD. Operating income FY2026 −777M CAD. Net income FY2022 857.7M CAD. Net income FY2023 298.5M CAD. Net income FY2024 105.2M CAD. Net income FY2025 −154.73M CAD. Net income FY2026 −984.9M CAD.
Metric (CAD)FY2026FY2025FY2024FY2023FY2022
Revenue2.09B CAD1.71B CAD2.8B CAD2.78B CAD3.81B CAD
Cost of goods sold2.75B CAD1.82B CAD2.49B CAD2.39B CAD2.29B CAD
Gross profit−664.8M CAD−112.85M CAD306.9M CAD389.8M CAD1.51B CAD
Selling, general, and administrative111M CAD95.62M CAD114.7M CAD99.3M CAD102.6M CAD
Operating expenses112.2M CAD95.62M CAD139.6M CAD99.3M CAD103M CAD
Interest income6.6M CAD16.49M CAD7.1M CAD9.83M CAD399.6K CAD
Interest expense85.2M CAD47.35M CAD42M CAD10.57M CAD38.84M CAD
Depreciation and amortization355.9M CAD99.6M CAD115M CAD98.9M CAD87.1M CAD
Operating income−777M CAD−208.47M CAD167.3M CAD290.5M CAD1.41B CAD
Net income−984.9M CAD−154.73M CAD105.2M CAD298.5M CAD857.7M CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-48.89%
11 comparable reports
Latest EPS result
-0.64
Estimate -0.6 · Miss by 7.13%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.54-0.53-1.6-2.67Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual -0.44, estimate -0.7, surprise +37.14%, Beat. Q2 2025, reported Apr 29, 2025: actual -0.33, estimate -0.69, surprise +52.17%, Beat. Q3 2025, reported Jul 29, 2025: actual -0.74, estimate -0.45, surprise -64.44%, Miss. Q4 2025, reported Oct 29, 2025: actual -0.62, estimate -0.7, surprise +11.50%, Beat. Q1 2026, reported Mar 11, 2026: actual -2.45, estimate 0.32, surprise -865.85%, Miss. Q2 2026, reported May 13, 2026: actual -1.06, estimate -0.78, surprise -35.90%, Miss. Q3 2026, reported Jul 29, 2026: actual -0.64, estimate -0.597, surprise -7.13%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.53, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates453.76M352.6M251.45M150.29MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual 376.16M USD, estimate 345.81M USD, surprise +8.78%, Beat. Q2 2025, reported Apr 29, 2025: actual 331.33M USD, estimate 344.39M USD, surprise -3.79%, Miss. Q3 2025, reported Jul 29, 2025: actual 432.83M USD, estimate 217.57M USD, surprise +98.94%, Beat. Q4 2025, reported Oct 29, 2025: actual 188.32M USD, estimate 247.94M USD, surprise -24.05%, Miss. Q1 2026, reported Mar 11, 2026: actual 331.87M USD, estimate 344.39M USD, surprise -3.64%, Miss. Q2 2026, reported May 13, 2026: actual 213.73M USD, estimate 217.57M USD, surprise -1.76%, Miss. Q3 2026, reported Jul 29, 2026: actual 188.32M USD, estimate 205.57M USD, surprise -8.39%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 171.22M USD, surprise —, Comparison unavailable.

ASTL peers

Linde plc logo

LIN

Linde plc

$487.57

+1.30%

Steel Dynamics, Inc. logo

STLD

Steel Dynamics, Inc.

$228.68

+4.42%

Royal Gold, Inc. logo

RGLD

Royal Gold, Inc.

$259.01

+2.64%

Solstice Advanced Materials Inc. logo

SOLS

Solstice Advanced Materials Inc.

$56.16

-0.81%

SSR Mining Inc. logo

SSRM

SSR Mining Inc.

$37.77

+2.55%

Aura Minerals logo

AUGO

Aura Minerals

$87.26

+0.66%

ETFs holding ASTL

Funds reporting this stock among their holdings, ordered by reported position size.

Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
388.51K
Weight
0.01%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
220.35K
Weight
0.00%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF logoInvesco RAFI Developed Markets ex-U.S. Small-Mid ETFPDN
Market value
191.79K
Weight
0.05%
AUM
361.92M USD
Expense ratio
0.47%
Price / 1D
$47.39+0.81%

Continue in GoAI

Research ASTL

research.disclaimer