Algoma Steel Group (ASTL) reported a third-quarter 2026 net loss of C$129.6 million, with revenue falling to C$249.4 million as its transition to electric-arc steelmaking continued. Steel shipments significantly declined by 65.5%, but average net sales realization per ton increased by 33.7%. The company's adjusted EBITDA loss narrowed to C$13.9 million, and its second electric-arc furnace unit produced its first steel in October, expected to contribute to fourth-quarter production.
Original sourceALGOMA STEEL GROUP INC
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Latest price
$5.38
+7.82%
Alpha Vantage · 11/6/2026
One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+28.7%
3 months
+21.4%
6 months
+4.7%
1 year
+47.0%
Year to date
+31.2%
52-week range
$3.28 – $5.80
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$560.2M
P/E
-1
P/B
4
P/S
0.6
Revenue
$1.27B
Net income
-$749.7M
Diluted EPS
-6.88
Gross margin
-54.70%
Net margin
-59.10%
Return on equity
-225.40%
Total debt
$926.8M
Cash
$152.4M
Free cash flow
$196.2M
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $249.4M | -$129.6M | -30.90% | -52.00% | $10.9M |
| Jun 30, 2026 | $267.5M | -$96M | -39.40% | -35.90% | -$108.4M |
| Mar 31, 2026 | $296.9M | -$159.4M | -42.60% | -53.70% | $347M |
| Dec 31, 2025 | $455M | -$364.7M | -84.60% | -80.20% | -$53.3M |
| Sep 30, 2025 | $523.9M | -$485.1M | -22.30% | -92.60% | -$191M |
| Jun 30, 2025 | $589.7M | -$110.6M | -9.20% | -18.80% | -$135.3M |
| Mar 31, 2025 | $517.1M | -$24.5M | -21.10% | -4.70% | $304.1M |
| Dec 31, 2024 | $590.3M | -$66.5M | -14.80% | -11.30% | -$189.3M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent ASTL news
All market newsThis article focuses on the enterprise value to EBIT forward metric for Algoma Steel Group Inc. (LS:A3C5TF). It indicates that the market for this particular security was closed with no trades recorded at the time of publication. The content is primarily a listing of financial data and disclaimers from data providers like ICE Data Services and FactSet.
Original source