ASTL (Algoma Steel Group) Operating Margin %: -51.70% (As of Mar. 2026)


ASTL Algoma Steel Group Inc ASTL
59 GF Score
Price $3.99
GF Value $5.50
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Algoma Steel Group Operating Margin %?

Algoma Steel Group ASTL -3.86% 59 Operating Margin % is -51.70% as of Mar. 2026. GuruFocus rates ASTL with a GF Score™ of 59/100 and a GF Value™ of $5.50 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 616 Steel companies, Algoma Steel Group ranks worse than 97.4% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Algoma Steel Group's Operating Income for the three months ended in Mar. 2026 was $-112 Mil. Algoma Steel Group's Revenue for the three months ended in Mar. 2026 was $216 Mil. Therefore, Algoma Steel Group's Operating Margin % for the quarter that ended in Mar. 2026 was -51.70%.

The historical rank and industry rank for Algoma Steel Group's Operating Margin % or its related term are showing as below:

ASTL' s Operating Margin % Range Over the Past 10 Years
Min: -42.38   Med: 5.35   Max: 37.07
Current: -42.38


ASTL's Operating Margin % is ranked worse than
97.4% of 616 companies
in the Steel industry
Industry Median: 3 vs ASTL: -42.38

Algoma Steel Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Algoma Steel Group's Operating Income for the three months ended in Mar. 2026 was $-112 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-574 Mil.

Warning Sign:

Algoma Steel Group Inc had lost money in 75% of the time over the past 12quarters.


Algoma Steel Group  (NAS:ASTL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Algoma Steel Group Operating Margin % Related Terms


Algoma Steel Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for Algoma Steel Group's Operating 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.

Algoma Steel Group Operating Margin % Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Dec25
Operating Margin %
Get a 7-Day Free Trial 4.72 37.07 10.46 5.98 -37.25

Algoma Steel Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.05 -14.43 -28.27 -88.77 -51.70

ASTL vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, Algoma Steel Group's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Algoma Steel Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Algoma Steel Group's Operating Margin % falls into.


ASTL
59GF Score
Algoma Steel Group Inc ASTL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Steel Group Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Algoma Steel Group's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-563.248 / 1511.925
=-37.25 %

Algoma Steel Group's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-111.88 / 216.399
=-51.70 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -51.70% mean?
Algoma Steel Group (ASTL) has a Operating Margin % of -51.70% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Algoma Steel Group and its competitors. According to the industry distribution chart, Algoma Steel Group ranks #600 out of 616 companies in the Steel industry, placing it in the top 97.4%.
Is Algoma Steel Group's Operating Margin % too high?
Algoma Steel Group's current Operating Margin % is -51.70%. Based on the distribution chart, Algoma Steel Group ranks #600 out of 616 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 Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #600 out of 616 companies for Operating Margin %. This places Algoma Steel Group in the lower half of its industry. The industry median Operating Margin % is 3.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Steel company?
The median Operating Margin % among Steel companies is 3.00, based on 616 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Algoma Steel Group and its competitors. For the Steel industry, the median Operating Margin % is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current Operating Margin % is -51.70%. 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 Operating Margin % is -51.70%. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Algoma Steel Group (ASTL), the current Operating Margin % is -51.70% 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:

  • Operating Margin %: -51.70%
  • GF Value™: $5.50 vs. price of $3.99 (27.5% below fair value)
  • GF Score™: 59/100 with 7 warning signs

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 Business Description

Other Exchanges 9ZY:GermanyASTL:Canada
Address 105 West Street, Sault Ste. Marie, ON, CAN, P6A 7B4
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

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.99
Price
$5.50
GF Value