Algoma Steel (ASTLW) Equity Ratio (2021 - 2026)
Algoma Steel (ASTLW) 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 (ASTLW) 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 | Algoma Steel | - | - | -92.32 | 0.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |