Saturday 17 October 2026 Export ASTL’s income statement to Excel — free account

Algoma Steel Group Inc.

Algoma Steel Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, down 28.0% from fiscal 2024. In the quarter to June 2026, revenue fell 54.7%, EPS grew 13.5%, free cash flow grew 20.9% and total debt rose 42.0%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

4.02 0.08 −1.95%

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Market cap: $433.2M
P/E: 0.0×
Fwd P/E: −2.1×
Dividend yield: 0.00%
F-score: n/a
Altman Z: −1.04
Beneish M: n/a
Dividend safety: 8/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 10.19%

Capital & Financial Ratios $m

Market Cap 433.21

Revenue 1,115.90

Net Income (791.69)

Free Cash Flow (260.35)

Net Debt 619.88

Current Ratio 2.49

Debt/Equity 3.12

P/E ratio 0.00

Fwd P/E (2.07)

P/S ratio 0.39

P/B ratio 2.06

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth (46.78%)

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 56.69%

10-year low 10-year high

P/B against its own 10 years 88.04%

10-year low 10-year high

EV/Sales against its own 10 years 95.34%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	0.10	0.05 0.05
2024	0.20	0.05 0.05 0.05 0.05
2023	0.20	0.05 0.05 0.05 0.05
2022	0.25	0.05 0.05 0.05 0.05 0.05

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	190	75	56	45
Receivables	220	198	286	311
Inventory	547	599	407	324
Other	5	4	4	5
	1,034	936	775	707

	2023	2024	2025	Q'26
Payables	155	213	146	153
ST’ Debt	9	12	132	56
Other	85	70	55	42
	260	318	356	284

Compound Annual Growth %

	10y	5y	3y
Sales	—	(13.24%)	(10.78%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	(22.57%)	(31.76%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	216	193	—	—	—
’25	360	475	440	326	1,493
’24	459	—	—	—	2,073
’23	—	615	546	452	2,779
’23	493	—	—	—	2,102
’22	—	731	459	419	3,806
’22	1,389	—	—	—	3,036

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(9)	(57)	—	—	—
’25	64	9	19	(2)	(47)
’24	219	—	—	—	219
’23	—	122	43	(37)	177
’23	134	—	—	—	134
’22	—	217	(55)	(101)	1,227
’22	1,008	—	—	—	1,008

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(24)	(78)	—	—	—
’25	(24)	(63)	(47)	(19)	(282)
’24	(145)	—	—	—	(145)
’23	—	43	(82)	(105)	177
’23	(118)	—	—	—	(118)
’22	—	154	(119)	(159)	1,227
’22	875	—	—	—	875

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(1.06)	(0.64)	—	—	—
’25	(0.13)	0.03	(0.72)	(2.41)	(6.48)
’24	0.07	—	—	—	0.59
’23	—	0.63	0.18	(0.57)	1.71
’23	(0.14)	—	—	—	1.54
’22	—	1.17	0.46	(0.47)	5.80
’22	1.15	—	—	—	6.14

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	8.73	5.64	5.79	6.67	3.02	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	13.65	12.50	10.25	12.14	9.85
People
People	Employees	—	—	—	—	—	—	—	—	2,844	2,400
	Revenue/emp, $m	—	—	—	—	0.00	0.00	0.00	0.00	0.73	0.62
Income, $m
Income, $m	Revenue	—	—	—	—	1,957	3,036	3,806	2,779	2,073	1,493
	Gross margin, %	—	—	—	—	(4.14)	39.78	39.78	13.89	10.10	(31.87)
	EBT	—	—	—	—	0	923	1,157	376	107	(931)
	EBT margin, %	—	—	—	—	0.01	30.39	30.40	13.53	5.18	(62.36)
	Net income	—	—	0	—	0	487	858	299	78	(705)
	Depreciation	—	—	—	—	0	51	87	99	85	255
Per share, $
Per share, $	Revenue	—	—	—	—	74.47	30.20	25.72	22.59	19.12	13.73
	Earnings	—	—	—	—	0.01	6.73	5.80	2.43	0.72	(6.48)
	Cash flow	—	—	—	—	(0.01)	6.47	8.29	1.44	2.02	(0.44)
	Capex	—	—	—	—	0.00	0.00	0.00	0.00	(3.35)	(2.15)
	Free cash flow	—	—	—	—	(0.01)	6.47	8.29	1.44	(1.33)	(2.59)
	Book value	—	—	—	—	0.19	12.56	10.70	11.89	10.27	3.23
	Shares, m	—	—	—	—	26	101	148	123	108	109
Valuation, ×
Valuation, ×	P/E	—	—	—	—	4.42	2.73	2.17	23.24	11.66	0.00
	P/S	—	—	—	—	0.00	0.42	0.23	0.49	0.45	0.30
	P/B	—	—	—	—	27,653.46	1.71	0.63	0.98	0.84	1.27
	EV/Sales	—	—	—	—	0.00	0.28	0.19	0.51	0.47	0.67
	EV/FCF	—	—	—	—	0.00	1.17	0.77	(4.07)	(3.35)	(3.55)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	0	650	1,227	177	219	(47)
	Capex	—	—	—	—	0	0	(168)	(334)	(363)	(234)
	Free cash flow	—	—	—	—	0	650	1,227	177	(145)	(282)
Balance, $m
Balance, $m	Working capital	—	—	—	—	1	1,100	1,379	1,023	618	419
	Total debt	—	—	—	—	814	74	95	123	107	611
	Net debt	—	—	—	—	814	(659)	(824)	(128)	31	555
	Shareholders’ equity	—	—	—	—	5	1,263	1,583	1,462	1,114	351
Returns, %
Returns, %	ROA	—	—	—	—	0.19	57.37	35.43	13.86	3.51	(40.30)
	ROIC	—	—	—	—	(0.02)	116.64	0.00	0.00	6.77	(63.18)
	ROE	—	—	—	—	8.98	157.73	60.30	23.29	6.06	(96.22)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
WS Worthington Steel, Inc.	$2.0B	— (loss-making)	14.3×	+212.36% (above 0%: growing)	n/m	−42.57% (below 0%: shrinking)	9.58%	2.05%	Compare
SID National Steel Company	$1.5B	— (loss-making)	199×	+18.55% (above 0%: growing)	n/m	+8.38% (above 0%: growing)	25.92%	5.54%	Compare
MTL Mechel PAO	$1.2B	0.8×	10.3×	+70.05% (above 0%: growing)	n/m	+467.53% (above 0%: growing)	44.33%	0.00%	Compare
NWPX NWPX Infrastructure, Inc.	$945.9M	19.3×	23.9×	+19.74% (above 0%: growing)	+80.22% (above 0%: growing)	+410.94% (above 0%: growing)	21.54%	13.26%	Compare
MTUS Metallus Inc.	$846.4M	108×	25.5×	+11.95% (above 0%: growing)	+133.33% (above 0%: growing)	−114.12% (below 0%: shrinking)	10.00%	3.46%	Compare
ASTL Algoma Steel Group Inc.	$433.2M	— (loss-making)	— (loss-making)	−54.68% (below 0%: shrinking)	n/m	+20.93% (above 0%: growing)	(39.36%)	(50.17%)
FRD Friedman Industries Inc.	$297.6M	10.5×	5.0×	+78.05% (above 0%: growing)	+152.11% (above 0%: growing)	−62.51% (below 0%: shrinking)	13.73%	8.77%	Compare
MSB Mesabi Trust	$236.7M	36.3×	56.9×	−55.76% (below 0%: shrinking)	n/m	−94.31% (below 0%: shrinking)	100.00%	100.00%	Compare
ZKIN ZK International Group Co., Ltd.	$123.6M	— (loss-making)	— (loss-making)	+6.38% (above 0%: growing)	+100.00% (above 0%: growing)	−602.13% (below 0%: shrinking)	6.38%	0.00%	Compare
Median of peers	$896.1M	19.3×	23.9×	+19.15%	+116.67%	−52.54%	17.64%	4.50%

All 21 Steel stocks →

Algoma Steel Group Inc. (ASTL) key facts

Concern: Algoma Steel Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, down 28.0% from fiscal 2024.
Algoma Steel Group Inc. (ASTL) is a Steel company in the Basic Materials sector, listed on Nasdaq.
As of October 16, 2026, ASTL traded at $4.02, a market capitalization of $433.2 million.
Return on equity was −96.2% and debt-to-equity 3.12.
Its Altman Z-score is −1.04 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.