Overview
Algoma Steel Group Inc.
Latest 10-K: FY2022, filed Jun 17, 2022
- Revenue
- $3.81B
- 112.0%YoYup from FY2021
- TotalRevenue
- Gross profit
- $1.51B
- 863.1%YoYup from FY2021
- GrossProfit
- Operating income
- $1.41B
- 1563.9%YoYup from FY2021
- OperatingIncome
- Diluted EPS
- $7.75
- n/mYoY
- EPSDiluted
- Diluted shares
- 111,500
- 55.3%YoYup from FY2021
- WeightedAvgSharesDiluted
At a glance
Growth
- Algoma Steel Group Inc. reported revenue of $3.81B for fiscal 2022, up 112.0% from fiscal 2021.
- Revenue grew faster than the median S&P 500 member in 1 of the last 2 fiscal years.
Profitability
- Operating margin was 37.1%.
Per share
- Diluted EPS was $7.75.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 24, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
4 annual periodsChip: YoY change.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | 3Y CAGR |
|---|---|---|---|---|---|
| Revenue | $3.81B112.0%up S&P 500 10.3% | $1.79B8.3%down S&P 500 13.8% | $1.96B | — | — |
| Gross Profit Median of 315 / 498 | $1.51B863.1%up S&P 500 8.3% | $0.16Bn/m S&P 500 15.7% | negative: -$0.08B | — | — |
| Operating Income Median of 368 / 498 | $1.41B1563.9%up S&P 500 7.5% | $0.08Bn/m S&P 500 23.5% | negative: -$0.14B | — | — |
| Net Income | — | — | — | — | — |
| EPS (Diluted) | $7.75n/m S&P 500 1.5% | negative: -$1.06n/m S&P 500 34.8% | negative: -$2.46 | — | — |
Balance Sheet
4 annual periodsChip: YoY change.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | 3Y CAGR |
|---|---|---|---|---|---|
| Total Assets | $2.69B73.3%up S&P 500 2.2% | $1.55B S&P 500 6.7% | — | — | — |
| Total Liabilities Median of 341 / 498 | $1.11B19.5%down S&P 500 2.0% | $1.38B S&P 500 5.2% | — | — | — |
| Stockholders' Equity | $1.58B810.6%up S&P 500 2.5% | $0.17B42.0%down S&P 500 9.0% | $0.30B23.4%down | $0.39B | 59.3% |
| Cash & Equivalents | $915.30M4217.5%up S&P 500 -8.6% | $21.20M92.0%down S&P 500 -2.9% | $265.00M95.6%up | $135.50M | 89.0% |
| Total Debt | — | — | — | — | — |
Cash Flow Statement
4 annual periodsChip: YoY change.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | 3Y CAGR |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.26B15497.5%up S&P 500 -0.7% | $0.01Bn/m S&P 500 10.7% | negative: -$4.70M | — | — |
| Capital Expenditures | $172.10M140.0%up S&P 500 14.0% | $71.70M36.7%down S&P 500 8.1% | $113.30M | — | — |
| Free Cash Flow Median of 394 / 498 | $1.09Bn/m S&P 500 -11.3% | negative: -$0.06Bn/m S&P 500 10.2% | negative: -$0.12B | — | — |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2022Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
68.9%
Wall Street
on net earnings
FY2021 n/m
86999.5%
Value investor
on free cash flow
FY2021 — Not reported
Gap +86930.6 pts: Value-investor figure 86930.6 points higher
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 1.5×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Book yield
Net assets behind a dollar of market value
126166.4%
Wall Street
on book equity
FY2021 — Not reported
126111.8%
Value investor
on tangible book
FY2021 — Not reported
Gap −54.6 pts: Value-investor figure 54.6 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 0.0×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
— Not reported
Wall Street
ROE: net income ÷ equity
FY2021 — Not reported
58.7%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2021 4.4%
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
39.4%
Wall Street
EBITDA margin
FY2021 4.7%
28.7%
Value investor
Free-cash-flow margin
FY2021 negative: −3.5%
Gap −10.7 pts: Value-investor figure 10.7 points lower
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Interest cover
How many times earnings pay the year's interest
30.8×
Wall Street
EBITDA ÷ interest
FY2021 1.2×
29.0×
Value investor
EBIT ÷ interest
FY2021 1.2×
Gap −1.8×: Value-investor figure 1.8 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 4 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on ASTL yet.
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Cite this page
Data as of Oct 24, 2026. Canonical address: https://valuein.biz/data/ASTL
Valuein. (2026, October 24). Algoma Steel Group Inc. (ASTL) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/ASTL
@misc{valuein_astl_2026,
author = {{Valuein}},
title = {Algoma Steel Group Inc. (ASTL) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/ASTL}},
note = {Data as of 2026-10-24; source: SEC EDGAR filings}
}Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing