Algoma Steel (ASTL) Net Margin (2020 - 2026)
Algoma Steel's Net Margin came in at 51.96% for fiscal Q3 2026 (quarter ended Sep 30, 2026), down 40.63 percentage points from 92.59% a year earlier but up 84.30 percentage points from the prior quarter.
Algoma Steel (ASTL) Net Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Algoma Steel reported Net Margin of -38.15%, down 63.94 percentage points year-over-year; for FY2025 (ended Dec 31, 2025), it came in at -47.22%, down 26.56 percentage points from FY2024.
- Net Margin carries a five-year change of -38.23 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Net Margin was -20.66% in FY2024, 10.74% in FY2023 (-11.79 pp), 22.54% in FY2022 (+26.78 pp) and -4.24% in FY2021 (+4.75 pp).
- The five-year range for quarterly Net Margin is -80.15% (fiscal Q4 2025) to 92.59% (fiscal Q3 2025).
- Year-over-year, Net Margin has declined for three consecutive quarters.
- Business Quant data shows ASTL's Net Margin at -32.33% (Q2 2026), -53.69% (Q1 2026) and -80.15% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 11.73% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 38.36% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 38.90% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 6.02% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 37.75% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 15.56% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 25.96% |
| 10 | Algoma Steel | 605.47 Mn | 287.12 Mn | -77.10 Mn | -51.96% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -51.96% |
| Jun 30, 2026 | -35.89% |
| Mar 31, 2026 | -53.69% |
| Dec 31, 2025 | 80.15% |
| Sep 30, 2025 | -92.59% |
| Jun 30, 2025 | -18.76% |
| Mar 31, 2025 | -4.74% |
| Sep 30, 2022 | 14.55% |
| Jun 30, 2022 | 32.27% |
| Mar 31, 2022 | 25.79% |
| Dec 31, 2021 | 11.55% |
| Sep 30, 2021 | 28.53% |
| Jun 30, 2021 | 25.80% |
| Mar 31, 2021 | 0.04% |
| Dec 31, 2020 | -17.09% |
| Sep 30, 2020 | -15.92% |
Algoma Steel Net 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=net-margin&ticker=ASTL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=ASTL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();