Algoma Steel (ASTL) Operating Margin (2020 - 2026)
Algoma Steel (ASTL) reported Operating Margin of 51.7% for Q1 2026, down 11785.0% on a YoY basis from N/an in Q1 2025, and down 152.31% quarter-over-quarter from 98.84% in Q4 2025.
Algoma Steel (ASTL) Operating Margin (2020 - 2026) Analysis & Trends
Algoma Steel has reported Operating Margin for 7 years, with the latest figure at 51.7% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 11785.0% year-over-year to 51.7%; the trailing twelve-month figure through Mar 2026 stood at 50.74% (up 12720.0% YoY), and the FY2025 full-year result was 63.59%, up 8473.0% from the prior year.
- Operating Margin for Q1 2026 stood at 51.7%, down from 98.84% in the prior quarter.
- The five-year high for Operating Margin was 124.36% in Q3 2025, with the low at 51.7% in Q1 2026.
- Historically, Operating Margin has averaged 19.1% across 5 years, with a median of 4.11% in 2023.
- Annual changes were most pronounced in 2025 — Operating Margin jumped 11043 bps — and 2026, when it sank 11785 bps.
- Algoma Steel's Operating Margin stood at 11.57% in 2022, then grew by 29 bps to 8.16% in 2023, then soared by 271 bps to 13.93% in 2024, then soared by 610 bps to 98.84% in 2025, then tumbled by 152 bps to 51.7% in 2026.
- The last three Operating Margin figures came in at 51.7% (Q1 2026), 98.84% (Q4 2025), and 124.36% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 7.37% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 11.83% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 4.87% |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 10.34% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 9.14% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -4.33% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -51.70% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 44.81% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 0.40% |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 9.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -51.70% |
| Dec 31, 2025 | 98.84% |
| Sep 30, 2025 | 124.36% |
| Jun 30, 2025 | -14.43% |
| Mar 31, 2025 | 66.15% |
| Sep 30, 2024 | 13.93% |
| Jun 30, 2024 | -1.92% |
| Mar 31, 2024 | 0.50% |
| Dec 31, 2023 | -8.16% |
| Sep 30, 2023 | 5.02% |
| Jun 30, 2023 | 19.86% |
| Mar 31, 2023 | 3.20% |
| Dec 31, 2022 | -11.57% |
| Sep 30, 2022 | 0.93% |
| Jun 30, 2022 | 27.62% |
| Mar 31, 2022 | 32.98% |
| Dec 31, 2021 | 41.89% |
| Sep 30, 2021 | 39.80% |
| Jun 30, 2021 | 31.96% |
| Mar 31, 2021 | 20.36% |