Algoma Steel Group (TSX:ASTL) Tax Provision: C$289 Mil (TTM As of Mar. 2026)

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TSX:ASTL Algoma Steel Group Inc TSX:ASTL
59 GF Score
Price C$5.15
GF Value C$7.78
Valuation Possible Value Trap
! 7 Warning Signs
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What is Algoma Steel Group Tax Provision?

Algoma Steel Group TSX:ASTL +0.39% 59 Tax Provision is C$289 Mil as of Mar. 2026. GuruFocus rates TSX:ASTL with a GF Score™ of 59/100 and a GF Value™ of C$7.78 (Possible Value Trap). The stock has 7 warning signs investors should review.

Algoma Steel Group's tax provision for the three months ended in Mar. 2026 was C$0 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was C$289 Mil.

Algoma Steel Group Tax Provision Historical Data

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The historical data trend for Algoma Steel Group's Tax Provision 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 Tax Provision Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Dec25
Tax Provision
Get a 7-Day Free Trial 0.00 -298.90 -77.60 -39.70 315.80

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
Tax Provision 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 26.40 36.90 145.70 106.80 0.00
TSX:ASTL
59GF Score
Algoma Steel Group Inc TSX:ASTL
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Steel Group Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$289 Mil.

* 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 Tax Provision →
What does a Tax Provision of C$289 Mil mean?
Algoma Steel Group (TSX:ASTL) has a Tax Provision of C$289 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Algoma Steel Group and its competitors.
Is Algoma Steel Group's Tax Provision too high?
Algoma Steel Group's current Tax Provision is C$289 Mil. Overall, Algoma Steel Group has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Tax Provision compare to NUE and STLD?
Algoma Steel Group's Tax Provision of C$289 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Steel company?
A good Tax Provision depends on the Steel industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Algoma Steel Group and its competitors. Algoma Steel Group's current Tax Provision is C$289 Mil. 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 (TSX:ASTL) is currently considered Possible Value Trap. The stock's GF Value™ is C$7.78, compared to a current price of C$5.15 — trading 33.8% below its estimated fair value. The current Tax Provision is C$289 Mil. 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 Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Algoma Steel Group (TSX:ASTL), the current Tax Provision is C$289 Mil 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 (TSX:ASTL) Overvalued in 2026?

Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued. The current stock price of C$5.15 is trading 33.8% below its estimated GF Value™ of C$7.78. GuruFocus considers Algoma Steel Group to be Possible Value Trap.

Key valuation signals for TSX:ASTL:

  • Tax Provision: C$289 Mil
  • GF Value™: C$7.78 vs. price of C$5.15 (33.8% below fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the TSX:ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Algoma Steel Group Business Description

Other Exchanges ASTL:USA9ZY:Germany
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 TSX:ASTL

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

C$5.15
Price
C$7.78
GF Value