The historical rank and industry rank for Algoma Steel Group's Gross Margin % or its related term are showing as below:
ASTL'
s Gross Margin % Range Over the Past 10 Years
Min: -36.58 Med: 9.43 Max: 39.78
Current: -36.58
During the past 6 years, the highestGross Margin % of Algoma Steel Group was 39.78%. The lowest was -36.58%. And the median was 9.43%.
ASTL's Gross Margin % is ranked worse than 99.33% of 598
companies
in the Steel industry
Industry Median: 12.61
vs ASTL: -36.58
Algoma Steel Group had a gross margin of -42.64% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Algoma Steel Group was 0.00% per year.
Algoma Steel Group (NAS:ASTL) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Algoma Steel Group had a gross margin of -42.64% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Algoma Steel Group Gross Margin % Related Terms
Algoma Steel Group Gross Margin % Historical Data
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The historical data trend for Algoma Steel Group's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Steel subindustry, Algoma Steel Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Algoma Steel Group Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Algoma Steel Group (ASTL) has a Gross Margin % of -42.64% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Algoma Steel Group and its competitors. According to the industry distribution chart, Algoma Steel Group ranks #594 out of 598 companies in the Steel industry, placing it in the top 99.3%.
Is Algoma Steel Group's Gross Margin % too high?
Algoma Steel Group's current Gross Margin % is -42.64%. Based on the distribution chart, Algoma Steel Group ranks #594 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Algoma Steel Group has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #594 out of 598 companies for Gross Margin %. This places Algoma Steel Group in the lower half of its industry. The industry median Gross Margin % is 12.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Steel company?
The median Gross Margin % among Steel companies is 12.61, based on 598 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Algoma Steel Group and its competitors. For the Steel industry, the median Gross Margin % is 12.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current Gross Margin % is -42.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.50, compared to a current price of $3.99 — trading 27.5% below its estimated fair value. The current Gross Margin % is -42.64%. Algoma Steel Group's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Algoma Steel Group (ASTL), the current Gross Margin % is -42.64% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Algoma Steel Group (ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued.
The current stock price of $3.99 is trading 27.5% below its estimated GF Value™ of $5.50.
GuruFocus considers Algoma Steel Group to be Modestly Undervalued.
Key valuation signals for ASTL:
Gross Margin %: -42.64%
GF Value™: $5.50 vs. price of $3.99 (27.5% below fair value)
No single metric tells the full story. See the ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
59GF Score
Get the complete analysis for ASTL
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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