Companies: 10,795·Total market cap: $144.5T
Algoma Steel Group Inc.

Algoma Steel Group Inc.

ASTLNASDAQBasic Materials● Active
$4.98
+$0.02(+0.45%)
Market Cap$522822165
P/E Ratio
52W High$7.245
52W Low$3.02
Overview

Algoma Steel Group Inc. (ASTL) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

ASTL · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$984.9M for FY2026 (fiscal year ending 2026-03-31), down 536.5% year-over-year. Net profit margin was -47.2%. Based on available data, Algoma Steel Group Inc. has been profitable since at least 2019.

FY2026 Net Income−$984.9M▼ -536.5% YoY
Trailing 12M (TTM)−$1.12Btrailing 4 quarters sum
Net Profit Margin-47.2%−$984.9M ÷ $2.09B
YoY Change-536.5%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2019

▸ FMP /income-statement · Annual · ASTL net income history · ASTL profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2026Loss−$984.9M▼ 536.5%-47.2%
FY2025Loss−$154.7M▼ 247.1%-9.1%
FY2024$105.2M▼ 64.8%3.8%
FY2023$298.5M▼ 65.2%10.7%
FY2022$857.7M▲ +634.7%22.5%

Net income vs peers (Basic Materials)

#CompanyNet IncomeYoY
#1
Algoma Steel Group Inc.
Algoma Steel Group Inc.YOU
ASTL
−$984.9M-536.5%
#2
Rio Tinto Group
Rio Tinto Group
RIO
$9.99B-13.5%
#3
BHP Group Limited
BHP Group Limited
BHP
$9.02B+14.2%
#4
Linde plc
Linde plc
LIN
$6.90B+5.1%
#5
Southern Copper Corporation
Southern Copper Corporation
SCCO
$4.33B+28.4%
#6
Newmont Corporation
Newmont Corporation
NGT.TO
$3.35B+234.2%
Basic Materials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Algoma Steel Group Inc. (ASTL) reported net income of −$984.9M for FY2026 (fiscal year ending 2026-03-31), down 536.5% year-over-year. The net profit margin was -47.2% — meaning the company kept $-0.47 of every dollar of revenue as profit.

Based on available data, Algoma Steel Group Inc. has been profitable since at least 2019. Net income reached a peak of $857.7M in FY2022. Data available for 10 fiscal years.

Algoma Steel Group Inc.'s net profit margin was -47.2% for FY2026, based on the latest annual results.

Investors sometimes search for "Algoma Steel Group Inc. net worth" — the company's market capitalization is a separate figure from ASTL net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

ASTL net income · 4 questions

Algoma Steel Group Inc. is not currently profitable on an annual basis. The company reported a net loss of $984.9M for FY2026.

is ASTL profitabledoes ASTL make a profitASTL profitabilityASTL profitable company

Source: FMP /income-statement · GAAP · Algoma Steel Group Inc. · Algoma Steel Group Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026