Algoma Steel Group Past Earnings Performance
Past criteria checks 1/6
Algoma Steel Group has been growing earnings at an average annual rate of 11.8%, while the Metals and Mining industry saw earnings growing at 29.3% annually. Revenues have been growing at an average rate of 4.8% per year. Algoma Steel Group's return on equity is 7%, and it has net margins of 3.8%.
Key information
11.8%
Earnings growth rate
9.3%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 4.8% |
| Return on equity | 7.0% |
| Net Margin | 3.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Algoma Steel Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2,796 | 105 | 136 | 0 |
| 31 Dec 23 | 2,853 | 57 | 140 | 0 |
| 30 Sep 23 | 2,805 | 72 | 122 | 0 |
| 30 Jun 23 | 2,672 | 128 | 106 | 0 |
| 31 Mar 23 | 2,779 | 299 | 104 | 0 |
| 31 Dec 22 | 3,043 | 563 | 101 | 0 |
| 30 Sep 22 | 3,540 | 754 | 93 | 0 |
| 30 Jun 22 | 3,951 | 956 | 107 | 0 |
| 31 Mar 22 | 3,806 | 858 | 115 | 0 |
| 31 Dec 21 | 3,503 | 714 | 122 | 0 |
| 30 Sep 21 | 2,868 | 519 | 123 | 0 |
| 30 Jun 21 | 2,235 | 170 | 106 | 0 |
| 31 Mar 21 | 1,795 | -76 | 94 | 0 |
| 31 Mar 20 | 1,957 | -176 | 74 | 0 |
| 31 Mar 19 | 2,698 | 32 | 85 | 0 |
| 30 Sep 14 | 1,877 | -203 | 111 | 0 |
| 30 Jun 14 | 1,768 | -366 | 110 | 0 |
| 31 Mar 14 | 1,792 | -314 | 112 | 0 |
| 31 Dec 13 | 1,813 | -270 | 101 | 0 |
| 30 Sep 13 | 1,851 | -257 | 99 | 0 |
| 30 Jun 13 | 1,798 | -225 | 101 | 0 |
Quality Earnings: ASTL has a high level of non-cash earnings.
Growing Profit Margin: ASTL's current net profit margins (3.8%) are lower than last year (10.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ASTL's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: ASTL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASTL had negative earnings growth (-64.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-16.7%).
Return on Equity
High ROE: ASTL's Return on Equity (7%) is considered low.