Skip to content
NASDAQ · STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS) · SMALL CAP

Algoma Steel Group Inc. ASTL

6 fiscal years on record · CAD · FY2025 reported · SEC filings only
CAD 2.1B
CAD -984.9M
CAD -394.6M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Algoma is a producer of hot and cold rolled steel products, including coiled sheet and plate, located on the Great Lakes in Sault Ste. Marie, Ontario, Canada. It supplies customers primarily in the automotive, construction, energy, defense and manufacturing sectors. As of December 31, 2025, the Company had an estimated annual liquid steel production capacity of approximately 2.8 million tons. As of December 31, 2025, the Company had 2,400 full-time employees, of which approximately 95 percent were represented by two locals of the United Steelworkers Unions under two collective bargaining agreements expiring July 31, 2027. It sells steel products to a base of approximately 235 customers across multiple sectors in North America, with no single customer accounting for more than 10 percent of revenues. Sheet steel products represented approximately 77 percent of the Company's total steel shipment volumes for the twelve-month period ended December 31, 2025. Plate steel products represented approximately 23 percent of its total steel shipment volumes in the same period. On October 19, 2021, Algoma completed a business combination with Legato, a special purpose acquisition company, and its common shares became listed on the TSX and Nasdaq.

Written from the business description in Algoma Steel Group Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.

Growth

CAD 2.1B
Revenue, FY2025 · full 6-year series below
Revenue CAD B Net income CAD B
FY2025 · Revenue 2.1 · Net income -1.0
1.5B3.0B-0.4B-0.8B
201920222025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−47 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -63.6% · Net -47.2%
10%20%30%-20%-40%-60%
201920212025
ROE
FY2025 · ROE -98.5%
50%-50%
201920212025
Three returns, three denominators.

Each CAD of equity lost 99 cents this year.

Cash & shareholders

CAD 14.8M
returned in FY2025 · dividends + net buybacks
Free cash flow CAD B
FY2025 · FCF -0.4
0.5B1.0B-0.1B-0.3B
201920212025
Net buybacks CAD M Dividends CAD M
FY2025 · Dividends 14.8 · Net buybacks ·
15M30M
2021202220232025

CAD 14.8M in dividends went back to shareholders in a year without profit.

Total assetsCAD 2.1B
CashCAD 77.5M
Gross debtCAD 483.8M
Net debtCAD 406.3M
Current ratio2.18×

Net debt stands at 83% of equity.

The 6-year record

6 fiscal years
Every figure from documents filed with the SEC · CAD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
ASTL, 6-year financial record
Metric 202520232022202120202019
Revenue CAD B2.12.82.83.81.82.0
Operating income CAD B−1.30.20.31.40.1−0.1
EBITDA CAD B◌◌◌◌◌◌
Income tax CAD B−0.30.00.10.30.0−0.0
Net income CAD B−1.00.10.30.9−0.1−0.2
Free cash flow CAD B−0.4−0.2−0.21.1−0.1−0.1
EPS, diluted CAD −9.060.701.717.75−1.06−2.46
Dividend / sh CAD ◌◌◌◌◌◌
Payout %−227101——
ROE %−98.57.119.697.7−32.1−58.7
Shares out B◌◌◌◌0.07◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 25 reconciliationsAUDITED

Reconciled in 6 of the 6 fiscal years we could check. 26 checks were skipped: the balance sheet is not tagged before 2020. 12 checks were skipped: EPS is not tagged before 2019. 12 checks were skipped: revenue is not tagged before 2019.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A1
Fiscal year endsMarch 31
Data on record since2019

Share this section

Download image