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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$3.42B
SCHNSchnitzer Steel Industries$2.88B$621.06M
ASTLAlgoma Steel Group$2.78B$615.40M
ZEUSOlympic Steel$2.56B$470.00M
TMSTMetallus$1.36B$343.70M
USAPUniversal Stainless & Alloy Products$285.94M$87.25M

ASTL Revenue FAQ

What is Algoma Steel Group’s yearly revenue?

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.

What is Algoma Steel Group’s quarterly revenue?

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).

What is Algoma Steel Group’s revenue growth rate?

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%.

What are Algoma Steel Group’s revenue streams?

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.

What is Algoma Steel Group’s main source of revenue?

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.