Algoma Steel (ASTLW) Asset Utilization Ratio (2021 - 2026)
Algoma Steel (ASTLW) reported Asset Utilization Ratio of 0.99 for Q1 2026, up 266.76% on a YoY basis from 0.27 in Q1 2025, and up 236.27% quarter-over-quarter from 0.3 in Q4 2025.
Algoma Steel (ASTLW) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Algoma Steel has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.99 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 266.76% year-over-year to 0.99; the trailing twelve-month figure through Mar 2026 stood at 0.99 (up 266.76% YoY), and the FY2025 full-year result was 1.14, up 311.01% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.99, up from 0.3 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.35 in Q1 2023, with the low at 0.24 in Q3 2025.
- Historically, Asset Utilization Ratio has averaged 0.91 across 5 years, with a median of 1.09 in 2024.
- Annual changes were most pronounced in 2025 — Asset Utilization Ratio tumbled 74.34% — and 2026, when it jumped 266.76%.
- Algoma Steel's Asset Utilization Ratio stood at 1.2 in 2022, then declined by 3.73% to 1.15 in 2023, then tumbled by 30.41% to 0.8 in 2024, then slumped by 63.24% to 0.3 in 2025, then jumped by 236.27% to 0.99 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.99 (Q1 2026), 0.3 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 0.65 |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 0.97 |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 0.63 |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 1.15 |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 1.40 |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 0.94 |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 0.99 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 1.50 |
| 10 | Algoma Steel | - | - | -92.32 | 0.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.99 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.27 |
| Sep 30, 2024 | 0.80 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | 1.05 |
| Dec 31, 2023 | 1.15 |
| Sep 30, 2023 | 1.13 |
| Jun 30, 2023 | 1.15 |
| Mar 31, 2023 | 1.35 |
| Dec 31, 2022 | 1.20 |
| Sep 30, 2022 | 1.24 |
| Jun 30, 2022 | 1.20 |
| Mar 31, 2022 | 1.25 |
| Dec 31, 2021 | 1.22 |