Algoma Steel Group vs Insteel Industries
Algoma Steel Group is the larger business, with $1.49bn of revenue in fiscal 2025 against $740m for Insteel Industries (2.0 times as much). Insteel Industries grew faster (14.2% against -28.0%). Insteel Industries kept more of each dollar of sales as profit: a net margin of 4.0% against -47.2%. Insteel Industries carries less debt relative to equity (0.0% against 98.5%).
| Latest fiscal year | Algoma Steel GroupASTL, 2025 | Insteel IndustriesIIIN, 2026 |
|---|---|---|
| Revenue | $1.49bn | $740m |
| Revenue growth | -28.0% | 14.2% |
| Net income | −$705m | $29.5m |
| Operating margin | -63.6% | — |
| Net margin | -47.2% | 4.0% |
| Return on equity | -96.1% | 7.9% |
| Free cash flow | −$283m | $24.8m |
| Cash | $56.5m | $37.5m |
| Total debt | $353m | $0 |
| Debt to equity | 98.5% | 0.0% |
| Dividend per share | — | $1.12 |
| Dividend yield | — | 3.9% |
| Share buybacks | — | $3.2m |
| Employees | — | — |
| Market value | $582m | $556m |
| Price vs our value range | — | Below our value range |
| Moat score | — | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 2 sales |