Algoma Steel Group Inc. (ASTL) Revenue History
Annual and quarterly revenue from 2013 to 2025
Compound Annual Growth Rate (CAGR)
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ASTL Revenue Growth
Revenue Breakdown (FY 2024)
ASTL's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
ASTL Revenue Analysis (2013–2025)
As of May 7, 2026, Algoma Steel Group Inc. (ASTL) generated trailing twelve-month (TTM) revenue of $2.09 billion, reflecting significant decline in growth of -23.0% year-over-year. The most recent quarter (Q3 2026) recorded $454.6 million in revenue, down 13.2% sequentially.
Looking at the longer-term picture, ASTL's 5-year compound annual growth rate (CAGR) stands at +4.6%, indicating moderate growth over time. The company achieved its highest annual revenue of $3.81 billion in 2022.
Revenue diversification analysis shows ASTL's business is primarily driven by Steel Sheet and Strip (73%), Steel Plate (18%), and Freight (7%). With over half of revenue concentrated in Steel Sheet and Strip, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including CLF (-3.0% YoY), STLD (+10.4% YoY), and NUE (+12.3% YoY), ASTL has underperformed the peer group in terms of revenue growth. Compare ASTL vs CLF →
ASTL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ASTLCurrent | $2.1B | -23.0% | +4.6% | -12.0% | |
 CLF | $18.6B | -3.0% | +28.3% | -7.5% | |
 STLD | $18.2B | +10.4% | +13.6% | 8.1% | |
 NUE | $32.5B | +12.3% | +10.0% | 8.2% | |
 CMC | $7.8B | +2.3% | +7.3% | 6.7% | |
 RS | $14.3B | +8.5% | +10.2% | 7.2% |
ASTL Historical Revenue Data (2013–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.45B | -12.2% | $-115,066,638 | -4.7% | $-294,533,260 | -12.0% |
| 2024 | $2.80B | +0.6% | $306.9M | 11.0% | $167.3M | 6.0% |
| 2023 | $2.78B | -27.0% | $389.8M | 14.0% | $290.5M | 10.5% |
| 2022 | $3.81B | +112.0% | $1.51B | 39.8% | $1.41B | 37.1% |
| 2021 | $1.79B | -8.3% | $157.2M | 8.8% | $84.8M | 4.7% |
| 2020 | $1.96B | +9.2% | $-80,100,000 | -4.1% | $-137,000,000 | -7.0% |
| 2014 | $1.79B | -3.9% | $-160,600,000 | -9.0% | $-272,400,000 | -15.2% |
| 2013 | $1.87B | - | $-18,600,000 | -1.0% | $-120,000,000 | -6.4% |
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Start ComparisonASTL — Frequently Asked Questions
Quick answers to the most common questions about buying ASTL stock.
Is ASTL's revenue growth accelerating or slowing?
ASTL revenue declined -23.0% year-over-year, contrasting with the 5-year CAGR of +4.6%. TTM revenue fell to $2.1B. This reverses the prior growth trend.
What is ASTL's long-term revenue growth rate?
Algoma Steel Group Inc.'s 5-year revenue CAGR of +4.6% reflects the variable expansion pattern. Current YoY growth of -23.0% is below this long-term average.
How is ASTL's revenue distributed by segment?
ASTL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2025 are available for download. Segment mix reveals concentration and diversification trends.