Algoma Steel Group (ASTL) Revenue & Revenue Breakdown


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Algoma Steel Group Revenue Highlights


Latest Revenue (Y)

$2.78B

Latest Revenue (Q)

$615.40M

Main Segment (Y)

Steel Sheet and Strip

Main Geography (Y)

UNITED STATES

Algoma Steel Group Revenue by Period


Algoma Steel Group Revenue by Year

DateRevenueChange
2023-03-31$2.78B-27.00%
2022-03-31$3.81B112.05%
2021-03-31$1.79B-8.28%
2020-03-31$1.96B-27.48%
2019-03-31$2.70B50.54%
2014-03-31$1.79B-3.92%
2013-03-31$1.87B-

Algoma Steel Group generated $2.78B in revenue during NA 2023, up -27.00% compared to the previous quarter, and up 155.02% compared to the same period a year ago.

Algoma Steel Group Revenue by Quarter

DateRevenueChange
2023-12-31$615.40M-16.00%
2023-09-30$732.60M-11.44%
2023-06-30$827.20M22.11%
2023-03-31$677.40M19.30%
2022-12-31$567.80M-5.24%
2022-09-30$599.20M-35.85%
2022-06-30$934.10M-0.82%
2022-03-31$941.80M-11.56%
2021-12-31$1.06B5.41%
2021-09-30$1.01B28.02%
2021-06-30$789.10M23.59%
2021-03-31$638.50M48.49%
2020-12-31$430.00M14.06%
2020-09-30$377.00M7.90%
2020-06-30$349.40M-39.00%
2014-09-30$572.80M30.21%
2014-06-30$439.90M2.88%
2014-03-31$427.60M-1.97%
2013-12-31$436.20M-6.07%
2013-09-30$464.40M0.04%
2013-06-30$464.20M3.69%
2013-03-31$447.70M-5.77%
2012-12-31$475.10M-

Algoma Steel Group generated $615.40M in revenue during Q3 2024, up -16.00% compared to the previous quarter, and up 102.70% compared to the same period a year ago.

Algoma Steel Group Revenue Breakdown


Algoma Steel Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMar 24Mar 22
Non Steel$52.20M$84.30M
Freight$198.30M$172.90M
Steel Sheet and Strip$2.04B$3.08B
Steel Plate$506.20M$465.70M

Algoma Steel Group's latest annual revenue breakdown by segment (product or service), as of Mar 24: Steel Sheet and Strip (72.90%), Steel Plate (18.13%), Freight (7.10%), and Non Steel (1.87%).

Algoma Steel Group Revenue Breakdown by Country

Annual Revenue by Country

CountryMar 24Mar 22
UNITED STATES$1.70B$2.40B
Rest of The World$39.70M$94.70M
CANADA$1.05B$1.31B
Steel Sheet and Strip-$3.08B
Non Steel-$84.30M
Steel Plate-$465.70M
Freight-$172.90M

Algoma Steel Group's latest annual revenue breakdown by geography, as of Mar 24: UNITED STATES (60.95%), CANADA (37.63%), and Rest of The World (1.42%).

Algoma Steel Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PKXPOSCO$77.13T$18.10T
RSReliance Steel & Aluminum$14.81B$3.64B
SCHNSchnitzer Steel Industries$2.88B$621.06M
ASTLAlgoma Steel Group$2.78B$615.40M
ZEUSOlympic Steel$2.56B$526.25M
TMSTMetallus$1.36B$343.70M
USAPUniversal Stainless & Alloy Products$285.94M$82.76M

ASTL Revenue FAQ


Algoma Steel Group's yearly revenue for 2023 was $2.78B, representing a decrease of -27.00% compared to 2022. The company's yearly revenue for 2022 was $3.81B, representing an increase of 112.05% compared to 2021. ASTL's yearly revenue for 2021 was $1.79B, representing a decrease of -8.28% compared to 2020.

Algoma Steel Group's quarterly revenue for Q3 2024 was $615.4M, a -16.00% decrease from the previous quarter (Q2 2024), and a 8.38% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $732.6M, a -11.44% decrease from the previous quarter (Q1 2024), and a 22.26% increase year-over-year (Q2 2023). ASTL's quarterly revenue for Q1 2024 was $827.2M, a 22.11% increase from the previous quarter (Q4 2023), and a -11.44% decrease year-over-year (Q1 2023).

Algoma Steel Group's revenue growth rate for the last 3 years (2021-2023) was 54.80%, and for the last 5 years (2019-2023) was 2.97%.

Algoma Steel Group's revenue streams in r 24 are Non Steel, Freight, Steel Sheet and Strip, and Steel Plate. Non Steel generated $52.2M in revenue, accounting 1.87% of the company's total revenue, down -38.08% year-over-year. Freight generated $198.3M in revenue, accounting 7.10% of the company's total revenue, up 14.69% year-over-year. Steel Sheet and Strip generated $2.04B in revenue, accounting 72.90% of the company's total revenue, down -33.97% year-over-year. Steel Plate generated $506.2M in revenue, accounting 18.13% of the company's total revenue, up 8.70% year-over-year.

For the fiscal year ending Mar 24, the largest source of revenue of Algoma Steel Group was Steel Sheet and Strip. This segment made a revenue of $2.04B, representing 72.90% of the company's total revenue.