Algoma Steel (ASTLW) Interest Expenses (2020 - 2026)
Algoma Steel's (ASTLW) quarterly Interest Expenses came in at $15.5 million in Q2 2026, up 15.87% YoY from $13.4 million in Q2 2025, and up 34.53% on a QoQ basis from $11.5 million in Q1 2026.
Algoma Steel (ASTLW) Interest Expenses (2020 - 2026) Analysis & Trends
Algoma Steel (ASTLW) has 7 years of Interest Expenses data on file, last reported at $15.5 million in Q2 2026.
- Quarterly Interest Expenses rose 15.87% year-over-year to $15.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $27.0 million (up 102.0% YoY) and the FY2025 annual result came in at $72.1, up 29.91% from the prior year.
- Interest Expenses grew to $15.5 million in Q2 2026, from $11.5 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $15.5 million in Q2 2026 to a low of $4.3 in Q1 2022.
- A 5-year average of $3.7 million and a median of $9.7 in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses soared 7809163.35% — and 2025, when it sank 100.0%.
- Tracing ASTLW's Interest Expenses over 5 years: stood at $4.3 in 2022, then rose by 27.91% to $5.5 in 2023, then soared by 7809163.35% to $429509.5 in 2024, then slumped by 100.0% to $18.8 in 2025, then soared by 82290330.11% to $15.5 million in 2026.
- The last three Interest Expenses figures came in at $15.5 million (Q2 2026), $11.5 million (Q1 2026), and $18.8 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | -50.43 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 36.00 Mn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 39.12 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -89.44 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | -1.09 Bn |
| 10 | Algoma Steel | 1.42 Mn | -43.83 Mn | -76.12 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.47 Mn |
| Jun 30, 2026 | 15.47 Mn |
| Mar 31, 2026 | 11.50 Mn |
| Mar 31, 2026 | 11.50 Mn |
| Dec 31, 2025 | 18.80 |
| Dec 31, 2025 | 18.80 |
| Jun 30, 2025 | 13.35 Mn |
| Jun 30, 2025 | 13.35 Mn |
| Dec 31, 2024 | 429,509.48 |
| Dec 31, 2024 | 429,509.48 |
| Mar 31, 2024 | 9.70 |
| Mar 31, 2024 | 9.70 |
| Dec 31, 2023 | 5.50 |
| Dec 31, 2023 | 5.50 |
| Mar 31, 2023 | 4.90 |
| Mar 31, 2023 | 4.90 |
| Sep 30, 2022 | 4.30 |
| Sep 30, 2022 | 4.30 |
| Jun 30, 2022 | 4.70 |
| Jun 30, 2022 | 4.70 |