Algoma Steel (ASTL) Gross Margin (2020 - 2026)
Algoma Steel (ASTL) posted Gross Margin of -30.91% for fiscal Q3 2026 (quarter ended Sep 30, 2026), down 8.60 percentage points from -22.31% a year earlier but up 11.73 percentage points from the prior quarter.
Algoma Steel (ASTL) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Algoma Steel was -24.88%, down 17.73 percentage points year-over-year; for FY2025 (ended Dec 31, 2025), it was -3.16%, down 1.25 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +0.93 percentage points (FY2020 to FY2025).
- In prior fiscal years, Algoma Steel's Gross Margin was -1.91% in FY2024, 14.03% in FY2023 (-25.75 pp), 39.78% in FY2022 (+31.02 pp) and 8.76% in FY2021 (+12.85 pp).
- Quarterly Gross Margin has run from a low of -42.64% in fiscal Q2 2026 to a high of -0.91% in fiscal Q1 2025 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last three quarters.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was -42.64% (Q2 2026), -18.09% (Q1 2026) and -17.63% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 20.68% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 65.95% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 66.32% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 22.32% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 60.10% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 33.75% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 53.46% |
| 10 | Algoma Steel | 605.47 Mn | 287.12 Mn | -77.10 Mn | -30.91% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -30.91% |
| Jun 30, 2026 | -39.36% |
| Mar 31, 2026 | -42.64% |
| Dec 31, 2025 | -84.57% |
| Sep 30, 2025 | -22.31% |
| Jun 30, 2025 | -9.17% |
| Mar 31, 2025 | -21.08% |
| Sep 30, 2022 | 4.97% |
| Jun 30, 2022 | 38.25% |
| Mar 31, 2022 | 35.95% |
| Dec 31, 2021 | 43.67% |
| Sep 30, 2021 | 42.71% |
| Jun 30, 2021 | 35.34% |
| Mar 31, 2021 | 25.45% |
| Dec 31, 2020 | -0.51% |
| Sep 30, 2020 | -3.40% |
Algoma Steel Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ASTL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ASTL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ASTL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();