Algoma Steel Group Inc. revenue

Algoma Steel Group Inc.'s revenue was $1.49bn in fiscal 2025, down 28.0% on the year before. Since fiscal 2020 ($1.47bn) it has grown at a compound 0.3% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Algoma Steel Group Inc.: revenue history, annual
Fiscal year	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Dec 2025
Revenue	1,471	1,359	3,037	2,102	2,074	1,493
Growth on the year before	—	−7.6%	+123.5%	−30.8%	−1.4%	−28.0%
Gross profit	−60	119	1,208	295	209	−476
Gross margin	−4.1%	8.8%	39.8%	14.0%	10.1%	−31.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Steel: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Algoma Steel Group Inc.	$1.49bn	-1.4%	—
Metallus Inc.	$1.22bn	16.1%	-0.5%
Suncoke Energy, Inc.	$1.90bn	2.9%	-2.7%
Insteel Industries Inc	$740m	14.2%	4.4%
Carpenter Technology Corp	$3.19bn	10.2%	-5.3%
Worthington Steel, Inc.	$5.30bn	69.1%	15.5%

Compare with peers

Head to head: ASTL vs MTUS ASTL vs SXC ASTL vs IIIN ASTL vs CRS

More: Steel stocks compared, Materials sector, rankings of US companies

Figures from Algoma Steel Group Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Algoma Steel Group Inc.