Algoma Steel (ASTL) Equity Ratio (2021 - 2026)

Algoma Steel (ASTL) reported Equity Ratio of 0.17 for Q1 2026, down 64.0% on a YoY basis from 0.48 in Q1 2025, and down 25.57% quarter-over-quarter from 0.23 in Q4 2025.

Algoma Steel (ASTL) Equity Ratio (2021 - 2026) Analysis & Trends

Algoma Steel has reported Equity Ratio for 6 years, with the latest figure at 0.17 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 64.0% year-over-year to 0.17; the trailing twelve-month figure through Mar 2026 stood at 0.17 (down 64.0% YoY), and the FY2025 full-year result was 0.23, down 50.98% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.17, down from 0.23 in the prior quarter.
  • The five-year high for Equity Ratio was 0.6 in Q1 2023, with the low at 0.17 in Q1 2026.
  • Historically, Equity Ratio has averaged 0.48 across 5 years, with a median of 0.49 in 2024.
  • Annual changes were most pronounced in 2022 — Equity Ratio jumped 425.3% — and 2026, when it slumped 64.0%.
  • Algoma Steel's Equity Ratio stood at 0.58 in 2022, then fell by 5.78% to 0.54 in 2023, then retreated by 12.86% to 0.47 in 2024, then tumbled by 50.98% to 0.23 in 2025, then declined by 25.57% to 0.17 in 2026.
  • The last three Equity Ratio figures came in at 0.17 (Q1 2026), 0.23 (Q4 2025), and 0.36 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 0.60
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 0.55
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 0.66
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 0.29
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 0.17
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 0.49
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 0.64

Historic Data

Download Data
DateValue
Mar 31, 2026 0.17
Dec 31, 2025 0.23
Sep 30, 2025 0.36
Jun 30, 2025 0.44
Mar 31, 2025 0.48
Dec 31, 2024 0.47
Sep 30, 2024 0.46
Jun 30, 2024 0.49
Mar 31, 2024 0.56
Dec 31, 2023 0.54
Sep 30, 2023 0.59
Jun 30, 2023 0.59
Mar 31, 2023 0.60
Dec 31, 2022 0.58
Sep 30, 2022 0.57
Jun 30, 2022 0.45
Mar 31, 2022 0.59
Mar 31, 2021 0.11