Algoma Gross Profit from 2010 to 2025

ASTL Stock  USD 6.15  0.11  1.76%   
Algoma Steel Gross Profit yearly trend continues to be quite stable with very little volatility. The value of Gross Profit is projected to decrease to about 341 M. Gross Profit is the profit Algoma Steel Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2012-12-31
Previous Quarter
-46.9 M
Current Value
-87.1 M
Quarterly Volatility
158.4 M
 
Yuan Drop
 
Covid
Check Algoma Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algoma Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.6 M, Interest Expense of 38.6 M or Total Revenue of 2.7 B, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.0115 or PTB Ratio of 1.11. Algoma financial statements analysis is a perfect complement when working with Algoma Steel Valuation or Volatility modules.
  
Check out the analysis of Algoma Steel Correlation against competitors.

Latest Algoma Steel's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Algoma Steel Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Algoma Steel Group minus its cost of goods sold. It is profit before Algoma Steel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Algoma Steel's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algoma Steel's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (115.07 M)10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Algoma Gross Profit Regression Statistics

Arithmetic Mean288,831,719
Coefficient Of Variation132.33
Mean Deviation234,036,289
Median352,935,000
Standard Deviation382,210,946
Sample Variance146085.2T
Range1.7B
R-Value0.45
Mean Square Error125421.6T
R-Squared0.20
Significance0.08
Slope35,784,327
Total Sum of Squares2191278.1T

Algoma Gross Profit History

2025341 M
2024352.9 M
2023306.9 M
2022389.8 M
20211.5 B
2020157.2 M
2019-80.1 M

Other Fundumenentals of Algoma Steel Group

Algoma Steel Gross Profit component correlations

0.860.84-0.620.670.250.5-0.630.75-0.320.930.11-0.94-0.840.99-0.810.930.85-0.82-0.360.64
0.861.0-0.380.93-0.180.73-0.890.88-0.680.83-0.32-0.92-0.880.86-0.890.890.83-0.9-0.40.57
0.841.0-0.350.94-0.230.75-0.910.89-0.710.81-0.35-0.91-0.870.85-0.880.880.82-0.89-0.380.55
-0.62-0.38-0.35-0.03-0.47-0.350.04-0.38-0.3-0.79-0.440.650.53-0.630.52-0.72-0.780.53-0.2-0.14
0.670.930.94-0.03-0.430.71-0.970.84-0.870.59-0.55-0.73-0.730.67-0.740.680.61-0.74-0.420.48
0.25-0.18-0.23-0.47-0.43-0.580.52-0.410.760.160.89-0.09-0.040.21-0.010.06-0.03-0.02-0.280.19
0.50.730.75-0.350.71-0.58-0.80.91-0.710.67-0.64-0.64-0.650.5-0.650.730.78-0.650.280.18
-0.63-0.89-0.910.04-0.970.52-0.8-0.890.91-0.610.590.730.76-0.620.76-0.7-0.630.760.28-0.38
0.750.880.89-0.380.84-0.410.91-0.89-0.750.8-0.48-0.8-0.740.76-0.730.850.85-0.730.030.33
-0.32-0.68-0.71-0.3-0.870.76-0.710.91-0.75-0.280.820.410.46-0.330.46-0.39-0.340.460.17-0.22
0.930.830.81-0.790.590.160.67-0.610.8-0.280.06-0.96-0.890.92-0.860.990.96-0.87-0.090.45
0.11-0.32-0.35-0.44-0.550.89-0.640.59-0.480.820.06-0.010.080.110.12-0.06-0.080.11-0.2-0.07
-0.94-0.92-0.910.65-0.73-0.09-0.640.73-0.80.41-0.96-0.010.95-0.940.94-0.97-0.910.940.33-0.49
-0.84-0.88-0.870.53-0.73-0.04-0.650.76-0.740.46-0.890.080.95-0.810.99-0.91-0.810.990.35-0.49
0.990.860.85-0.630.670.210.5-0.620.76-0.330.920.11-0.94-0.81-0.780.920.86-0.79-0.370.61
-0.81-0.89-0.880.52-0.74-0.01-0.650.76-0.730.46-0.860.120.940.99-0.78-0.89-0.811.00.37-0.5
0.930.890.88-0.720.680.060.73-0.70.85-0.390.99-0.06-0.97-0.910.92-0.890.97-0.9-0.140.48
0.850.830.82-0.780.61-0.030.78-0.630.85-0.340.96-0.08-0.91-0.810.86-0.810.97-0.820.030.37
-0.82-0.9-0.890.53-0.74-0.02-0.650.76-0.730.46-0.870.110.940.99-0.791.0-0.9-0.820.37-0.5
-0.36-0.4-0.38-0.2-0.42-0.280.280.280.030.17-0.09-0.20.330.35-0.370.37-0.140.030.37-0.57
0.640.570.55-0.140.480.190.18-0.380.33-0.220.45-0.07-0.49-0.490.61-0.50.480.37-0.5-0.57
Click cells to compare fundamentals

About Algoma Steel Financial Statements

Algoma Steel investors utilize fundamental indicators, such as Gross Profit, to predict how Algoma Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit352.9 M341 M
Gross Profit Margin 0.10  0.07 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Algoma Steel Group is a strong investment it is important to analyze Algoma Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Algoma Steel's future performance. For an informed investment choice regarding Algoma Stock, refer to the following important reports:
Check out the analysis of Algoma Steel Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algoma Steel. If investors know Algoma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algoma Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Dividend Share
0.288
Earnings Share
(1.01)
Revenue Per Share
22.625
Quarterly Revenue Growth
(0.04)
The market value of Algoma Steel Group is measured differently than its book value, which is the value of Algoma that is recorded on the company's balance sheet. Investors also form their own opinion of Algoma Steel's value that differs from its market value or its book value, called intrinsic value, which is Algoma Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algoma Steel's market value can be influenced by many factors that don't directly affect Algoma Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algoma Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.