Algoma Steel Group Inc. (ASTLW)
Algoma Steel Group, Inc. engages in the production of hot and cold rolled steel products. Its products include Sheet and Plate. The firm offers its products for automative, construction, infrastructure, energy, defense, transportation, and manufacturing industries. The company was founded in February 1901, and is headquartered in Sault Ste. Marie, Canada.
Sector: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Industry: Steel
Algoma Steel Group Inc.
Mkt Cap$568.46M
Float97.89M
O/S105.66M
Inst Own-
Dilution
Financials Summary
Revenue$1.48B
Net Income-$700.19M
Total Assets$1.5B
Free Cash Flow-$280.53M
Debt & Equity
Debt 64%
Equity 36%
Total Debt$612.81M
Total Equity$349.13M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ASTLW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.5B
Liabilities$1.16B
Accounts Receivable$284.08M
Accounts Payable$33.91M
Inventory$404.73M
PP&E (Net)$732.18M
Goodwill$0
Intangible Assets$213K
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2014-03-31 | 2013-03-31 |
| Revenue | $1.48B | $1.21B | $1.99B | $1.98B | $2.71B | $1.28B | $1.39B | $1.92B | $1.27B | $1.33B |
| YoY Growth | 22.3% | -39.0% | 0.6% | -27.0% | 112.0% | -8.3% | -27.5% | 50.5% | -3.9% | - |
| Cost of Revenue | $1.96B | $1.29B | $1.77B | $1.7B | $1.63B | $1.16B | $1.45B | $1.65B | $1.39B | $1.34B |
| Gross Profit | -$472.62M | -$80.23M | $218.18M | $277.12M | $1.08B | $111.76M | -$56.94M | $263.89M | -$114.17M | -$13.22M |
| Gross Margin | -31.9% | -6.6% | 11.0% | 14.0% | 39.8% | 8.8% | -4.1% | 13.8% | -9.0% | -1.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $78.91M | $67.98M | $81.54M | $70.59M | $72.94M | $51.19M | $40.1M | $60.71M | $79.48M | $72.09M |
| Other | $853K | $0 | $17.7M | $0 | $284K | $284K | $355K | $0 | $0 | $0 |
| Total Operating Expenses | $79.77M | $67.98M | $99.24M | $70.59M | $73.22M | $51.47M | $40.45M | $140.19M | $37.89M | $67.96M |
| Operating Income (EBIT) | -$552.38M | -$148.21M | $118.94M | $206.52M | $1B | $60.29M | -$97.4M | $202.47M | -$193.65M | -$85.31M |
| Operating Margin | -37.3% | -12.2% | 6.0% | 10.5% | 37.1% | 4.7% | -7.0% | 10.6% | -15.2% | -6.4% |
| Interest Expense | $60.57M | $33.66M | $29.86M | $7.52M | $27.61M | $59.93M | $31.87M | $0 | $0 | $0 |
| Interest Income | $4.69M | $11.72M | $5.05M | $6.99M | $284K | $782K | $1.3M | $98.96M | $98.32M | $76M |
| Other Income (Expense) | -$372.31M | $7.77M | -$15.92M | $60.85M | -$180.86M | -$114.39M | -$30.71M | -$101.45M | -$56.73M | -$71.87M |
| Income Before Tax (EBT) | -$924.69M | -$140.43M | $103.01M | $267.38M | $822.25M | -$54.1M | -$128.11M | $24.74M | -$250.39M | -$157.18M |
| Income Tax Expense | -$224.51M | -$30.43M | $28.22M | $55.17M | $212.49M | $0 | -$3.06M | $1.85M | -$27.3M | -$12.65M |
| Net Income | -$700.19M | -$110M | $74.79M | $212.21M | $609.76M | -$54.1M | -$125.05M | $22.89M | -$223.09M | -$144.53M |
| Net Income Margin | -47.2% | -9.1% | 3.8% | 10.7% | 22.5% | -4.2% | -9.0% | 1.2% | -17.5% | -10.9% |
| Supplementary Data | ||||||||||
| EPS | -9.06 | -2.05 | 0.97 | 2.43 | 5.80 | -0.68 | -1.19 | 0.07 | -0.63 | -0.41 |
| Diluted EPS | -9.06 | -2.05 | 0.70 | 1.71 | 5.80 | -0.68 | -1.19 | 0.07 | -0.63 | -0.41 |
| Weighted Average OS | 108.71M | 108.44M | 108.40M | 122.70M | 147.96M | 112.07M | 147.96M | 467.68M | 500.01M | 500.01M |
| EBITDA | -$611.11M | -$97.68M | $214.63M | $358.3M | $925.76M | $67.82M | $19.05M | $254.94M | -$116.45M | $12.23M |
| EBITDA Margin | -41.2% | -8.1% | 10.8% | 18.1% | 34.2% | 5.3% | 1.4% | 13.3% | -9.1% | 0.9% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2014-03-31 | 2013-03-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $55.1M | $189.74M | $69.6M | $175.88M | $650.71M | $15.07M | $188.39M | $2.56M | $23.1M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $55.1M | $189.74M | $69.6M | $175.88M | $650.71M | $15.07M | $188.39M | $2.56M | $23.1M |
| Accounts Receivable | $284.08M | $151.92M | $167.35M | $207.02M | $286M | $195.22M | $177.23M | $97.11M | $128.61M |
| Inventory | $404.73M | $625.04M | $574.28M | $513.78M | $341.24M | $295.25M | $310.6M | $201.9M | $246.4M |
| Other Current Assets | $3.98M | $73.79M | $29.08M | $7.54M | $27.73M | $40.59M | $2.77M | $40.17M | $23.6M |
| Total Current Assets | $769.5M | $1.07B | $897.54M | $971.33M | $1.36B | $599.16M | $725.28M | $346.15M | $421.72M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $732.18M | $1.18B | $998.98M | $768.72M | $550.04M | $497.57M | $568.38M | $870.81M | $846.49M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $213K | $355K | $498K | $640K | $782K | $1.07M | $1.99M | $53.96M | $56.8M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $2.35M | $11.8M | $5.4M | $5.05M | $1.64M | $6.9M | $5.12M | $11.73M | $9.81M |
| Total Long-Term Assets | $734.74M | $1.19B | $1B | $774.41M | $552.46M | $505.54M | $575.49M | $936.5M | $913.11M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.5B | $2.27B | $1.9B | $1.75B | $1.91B | $1.1B | $1.3B | $1.28B | $1.33B |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $33.91M | $103.87M | $100.95M | $42.51M | $38.82M | $30.78M | $32.2M | $90.93M | $107.35M |
| Short-Term Debt | $130.95M | $18.77M | $11.73M | $8.46M | $7.18M | $64.05M | $182.14M | $620.21M | $2.56M |
| Current Income Tax Payable | $23.25M | $0 | $1.49M | $10.24M | $45.71M | $19.34M | $8.74M | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $54.46M | $48.84M | $46.42M | $79.98M | $143.04M | $55.1M | $10.95M | $70.17M | $73.94M |
| Total Current Liabilities | $353.61M | $348.56M | $304.63M | $244.13M | $382.12M | $247.83M | $309.46M | $857.94M | $183.84M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $480.87M | $458.26M | $90.57M | $78.49M | $60.57M | $373.73M | $387.88M | $300.93M | $801.06M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $68.75M | $66.04M | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $319.63M | $384.32M | $437.57M | $314.58M | $280.46M | $359.58M | $390.22M | $501.2M | $563.33M |
| Total Long-Term Liabilities | $801.49M | $844.15M | $529.71M | $462.1M | $407.71M | $733.31M | $778.1M | $802.13M | $1.36B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.16B | $1.19B | $834.34M | $706.23M | $789.83M | $981.14M | $1.09B | $1.66B | $1.55B |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $693.5M | $693M | $685.26M | $681.35M | $979.65M | $291.12M | $291.12M | $348.64M | $348.64M |
| Retained Earnings | -$638.34M | $72.51M | $205.03M | $150.43M | $55.31M | -$177.23M | -$123.13M | -$763.39M | -$540.3M |
| Comprehensive Income & Other | $294.61M | $306.9M | $189.89M | $222.94M | $108.06M | $6.75M | $45.21M | -$4.05M | -$63.13M |
| Other Stockholders' Equity | $293.97M | $306.9M | $177.8M | $207.73M | $90.14M | $9.67M | $45.21M | $37.32M | -$21.75M |
| Total Equity | $349.13M | $1.07B | $1.07B | $1.04B | $1.13B | $123.56M | $213.2M | -$377.43M | -$213.42M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.5B | $2.27B | $1.9B | $1.75B | $1.91B | $1.1B | $1.3B | $1.28B | $1.33B |
| Supplementary Data | |||||||||
| Total Debt | $612.81M | $478.59M | $103.87M | $87.23M | $68.39M | $437.78M | $570.02M | $921.14M | $803.62M |
| Net Debt | $557.72M | $288.85M | $34.27M | -$88.65M | -$582.31M | $422.71M | $381.62M | $918.58M | $780.52M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2014-03-31 | 2013-03-31 |
| Operating Activities | ||||||||||
| Net Income | -$700.19M | -$158.3M | $74.79M | $212.21M | $609.76M | -$54.1M | -$125.05M | $22.89M | -$223.09M | -$144.53M |
| Depreciation & Amortization | $253.02M | $70.81M | $81.76M | $67.75M | $61.85M | $61.99M | $91.07M | $52.47M | $77.21M | $97.54M |
| Deferred Income Tax | -$75.93M | $3.21M | $853K | -$8.53M | $72.3M | $0 | -$3.06M | $0 | $0 | $0 |
| Stock-Based Compensation | -$14.08M | $17.44M | $853K | -$9.03M | $4.05M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | -$70.03M | -$10.97M | $32.35M | $84.95M | -$90.29M | -$33.56M | $62.85M | $0 | $88.3M | $18.13M |
| Inventory | $209.65M | -$9.63M | -$57.16M | -$133.51M | -$45.21M | -$23.89M | -$26.16M | $0 | $63.84M | -$11.87M |
| Accounts Payable | -$88.51M | -$7.46M | $40.95M | -$54.46M | $118.44M | -$15.07M | -$30.14M | $0 | $0 | $0 |
| Other Working Capital | $2.27M | $25.15M | $7.39M | -$24.03M | $2.06M | -$25.38M | $17.84M | -$38.11M | $1.92M | $1.14M |
| Total Working Capital Change | $53.39M | -$2.91M | $23.53M | -$127.04M | -$15M | -$97.89M | $24.38M | -$38.11M | $154.06M | $7.39M |
| Other Non-Cash Items | $436.79M | $7.97M | $27.87M | -$9.31M | $165.22M | $95.76M | $59.01M | $158.82M | $41.8M | $45.36M |
| Net Cash from Operating | -$46.99M | -$61.78M | $209.65M | $126.05M | $898.18M | $5.76M | -$3.34M | $196.07M | $49.98M | $5.76M |
| Investing Activities | ||||||||||
| Capital Expenditures | -$233.54M | -$148.25M | -$348.42M | -$263.82M | -$119.36M | -$51.04M | -$80.97M | -$61.78M | -$21.11M | -$36.4M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$342.09M | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $11.52M | $13.78M | $0 | $0 | $1.56M | -$782K | -$853K | -$1.14M | -$1.35M | -$5.4M |
| Net Cash from Investing | -$222.02M | -$134.47M | -$348.42M | -$263.82M | -$117.8M | -$51.83M | -$81.83M | -$405.01M | -$22.47M | -$41.8M |
| Financing Activities | ||||||||||
| Debt Repaid | -$182.78M | -$248.69M | -$44.86M | -$39.17M | $386.95M | $107.56M | -$200.05M | -$348.49M | -$16.28M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $279.75M | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | -$393.28M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$10.52M | -$10.62M | -$19.83M | -$21.83M | -$6.61M | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$29.5M | $840K | $6.54M | -$2.27M | -$27.44M | -$11.45M | -$24.67M | -$42.94M | -$66.04M | $38.11M |
| Net Cash from Financing | $142.75M | $238.96M | $31.56M | -$378.21M | -$141.26M | -$119.01M | $175.38M | $305.55M | -$49.76M | $38.11M |
| Forex Effect | -$8.39M | -$73.75M | $924K | $41.16M | -$3.48M | -$8.25M | $1.85M | $1.14M | $1.71M | $2.77M |
| Net Change in Cash | -$134.65M | -$31.05M | -$106.28M | -$474.82M | $635.63M | -$173.32M | $92.06M | $97.75M | -$20.55M | $4.83M |
| Supplementary Data | ||||||||||
| Operating Cash Flow | -$46.99M | -$61.78M | $209.65M | $126.05M | $898.18M | $5.76M | -$3.34M | $196.07M | $49.98M | $5.76M |
| Capital Expenditure | -$233.54M | -$148.25M | -$348.42M | -$237.09M | -$119.36M | -$51.04M | -$80.97M | -$61.78M | -$21.11M | -$36.4M |
| Free Cash Flow | -$280.53M | -$210.04M | -$138.77M | -$111.05M | $778.81M | -$45.29M | -$84.32M | $134.29M | $28.86M | -$30.64M |
| Cash at Beginning | $189.74M | $132.1M | $175.88M | $650.71M | $15.07M | $188.39M | $96.33M | $22.18M | $23.1M | $18.27M |
| Cash at End | $55.1M | $101.05M | $69.6M | $175.88M | $650.71M | $15.07M | $188.39M | $119.93M | $2.56M | $23.1M |