Financial Snapshot

Revenue
$2.487B
TTM
Gross Margin
1.05%
TTM
Net Earnings
-$157.3M
TTM
Current Assets
$1.592B
Q3 2024
Current Liabilities
$480.8M
Q3 2024
Current Ratio
331.09%
Q3 2024
Total Assets
$3.096B
Q3 2024
Total Liabilities
$1.682B
Q3 2024
Book Value
$1.414B
Q3 2024
Cash
P/E
-6.871
Nov 29, 2024 EST
Free Cash Flow
-$292.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $2.796B $2.779B $3.806B $1.795B $1.957B $2.698B $2.698B
YoY Change 0.62% -27.0% 112.05% -8.28% -27.48% 0.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $2.796B $2.779B $3.806B $1.795B $1.957B $2.698B $2.698B
Cost Of Revenue $2.489B $2.382B $2.291B $1.677B $2.030B $2.327B $2.327B
Gross Profit $306.9M $397.0M $1.515B $117.8M -$73.20M $371.2M $371.2M
Gross Profit Margin 10.98% 14.29% 39.8% 6.56% -3.74% 13.76% 13.76%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $139.3M $106.2M $103.2M $85.40M $63.30M $64.10M $64.10M
YoY Change 31.17% 2.91% 20.84% 34.91% -1.25% 0.0%
% of Gross Profit 45.39% 26.75% 6.81% 72.5% 17.27% 17.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $115.0M $95.30M $87.00M $87.20M $128.1M $73.80M $73.80M
YoY Change 20.67% 9.54% -0.23% -31.93% 73.58% 0.0%
% of Gross Profit 37.47% 24.01% 5.74% 74.02% 19.88% 19.88%
Operating Expenses $139.6M $106.5M $103.6M $85.80M $63.80M $67.40M $67.40M
YoY Change 31.08% 2.8% 20.75% 34.48% -5.34% 0.0%
Operating Profit $167.3M $290.5M $1.411B $32.00M -$137.0M $303.8M $303.8M
YoY Change -42.41% -79.41% 4309.38% -123.36% -145.1% 0.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense $5.400M $53.40M -$32.00M -$143.9M -$13.40M -$154.7M -$154.7M
YoY Change -89.89% -266.88% -77.76% 973.88% -91.34% 0.0%
% of Operating Profit 3.23% 18.38% -2.27% -449.69% -50.92% -50.92%
Other Income/Expense, Net -$27.80M $32.20M $39.70M -$17.00M -$29.80M $12.00M $12.00M
YoY Change -186.34% -18.89% -333.53% -42.95% -348.33% 0.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income $144.9M $376.1M $1.157B -$76.10M -$180.2M $34.80M $34.80M
YoY Change -61.47% -67.48% -1619.84% -57.77% -617.82% 0.0%
Income Tax $39.70M $77.60M $298.9M $0.00 -$4.300M $2.600M $2.600M
% Of Pretax Income 27.4% 20.63% 25.84% 7.47% 7.47%
Net Earnings $105.2M $298.5M $857.7M -$76.10M -$175.9M $32.20M $32.20M
YoY Change -64.76% -65.2% -1227.07% -56.74% -646.27% 0.0%
Net Earnings / Revenue 3.76% 10.74% 22.54% -4.24% -8.99% 1.19% 1.19%
Basic Earnings Per Share
Diluted Earnings Per Share $0.79 $2.03 $5.797M -$679.0K -$1.569M $287.3K $287.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $97.90M $247.4M $915.3M $21.20M $265.0M $265.0M
YoY Change -60.43% -72.97% 4217.45% -92.0% 0.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $90.10M $105.0M $118.9M $131.7M $69.00M $69.00M
YoY Change -14.19% -11.69% -9.72% 90.87% 0.0%
Inventory $807.8M $722.7M $480.0M $415.3M $436.9M $436.9M
Prepaid Expenses
Receivables $235.4M $276.8M $386.6M $257.5M $222.0M $222.0M
Other Receivables $31.30M $14.40M $15.70M $17.10M $27.30M $27.30M
Total Short-Term Assets $1.263B $1.366B $1.917B $842.8M $1.020B $1.020B
YoY Change -7.6% -28.71% 127.4% -17.39% 0.0%
Property, Plant & Equipment $1.405B $1.081B $773.7M $699.9M $799.5M $799.5M
YoY Change 29.95% 39.76% 10.54% -12.46% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.600M $7.100M $2.300M $7.500M $1.300M $1.300M
YoY Change 7.04% 208.7% -69.33% 476.92% 0.0%
Total Long-Term Assets $1.414B $1.089B $777.1M $711.1M $809.5M $809.5M
YoY Change 29.76% 40.18% 9.28% -12.16% 0.0%
Total Assets $2.676B $2.456B $2.694B $1.554B $1.830B $1.830B
YoY Change
Accounts Payable $142.0M $59.80M $54.60M $53.30M $45.30M $45.30M
YoY Change 137.46% 9.52% 2.44% 17.66% 0.0%
Accrued Expenses $171.2M $157.5M $267.4M $134.2M $116.8M $116.8M
YoY Change 8.7% -41.1% 99.25% 14.9% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $300.0K $1.900M $100.0K $90.10M $256.2M $256.2M
YoY Change -84.21% 1800.0% -99.89% -64.83% 0.0%
Long-Term Debt Due $16.20M $10.00M $10.00M $13.60M $11.30M $11.30M
YoY Change 62.0% 0.0% -26.47% 20.35% 0.0%
Total Short-Term Liabilities $428.5M $343.4M $537.5M $348.6M $435.3M $435.3M
YoY Change 24.78% -36.11% 54.19% -19.92% 0.0%
Long-Term Debt $127.4M $110.4M $85.20M $525.7M $545.6M $545.6M
YoY Change 15.4% 29.58% -83.79% -3.65% 0.0%
Other Long-Term Liabilities $519.7M $442.9M $395.4M $505.8M $548.9M $548.9M
YoY Change 17.34% 12.01% -21.83% -7.85% 0.0%
Total Long-Term Liabilities $647.1M $553.3M $480.6M $1.032B $1.095B $1.095B
YoY Change 16.95% 15.13% -53.41% -5.76% 0.0%
Total Liabilities $1.174B $993.4M $1.111B $1.380B $1.530B $1.530B
YoY Change 18.14% -10.59% -19.5% -9.79% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.0808 Billion

About Algoma Steel Group Inc.

Algoma Steel Group, Inc. engages in the production of hot and cold rolled steel products. The company is headquartered in Sault Ste. Marie, Ontario and currently employs 2,844 full-time employees. The company went IPO on 2022-09-19. The firm delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. The company is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. Its plate products include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip and The Heavies. Its sheet products include Hot Rolled Sheet - DSPC, Hot Rolled Sheet - 106'' Mill, AR200, Cold Rolled and Floor Plate. The firm has a raw steel production capacity of an estimated 2.8 million tons per year. Its Direct Strip Production Complex is a thin slab caster coupled with direct hot rolling in North America. In addition, its heat-treated plate facility provides a full range of heat-treated products for abrasion resistant, ballistic and other specialty plate applications.

Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) Peers: