Algoma Operating Margin from 2010 to 2024

ASTLW Stock  USD 1.66  0.08  4.60%   
Algoma Steel Operating Profit Margin yearly trend continues to be fairly stable with very little volatility. Operating Profit Margin will likely drop to 0.04 in 2024.
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, Total Revenue of 2.7 B or Gross Profit of 341 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0115 or PTB Ratio of 1.23. 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 Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Algoma Steel Group over the last few years. It is Algoma Steel's Operating Profit Margin 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 (0.17) %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Algoma Operating Margin Regression Statistics

Arithmetic Mean0.05
Coefficient Of Variation253.29
Mean Deviation0.09
Median0.06
Standard Deviation0.12
Sample Variance0.02
Range0.5227
R-Value0.50
Mean Square Error0.01
R-Squared0.25
Significance0.06
Slope0.01
Total Sum of Squares0.22

Algoma Operating Margin History

2024 0.0402
2023 0.0598
2022 0.1
2021 0.37
2020 0.0472
2019 -0.07

About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Operating Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Algoma Steel. Please read more on our technical analysis and fundamental analysis pages.
Algoma Steel Group Inc. produces and sells steel products in Canada and the United States. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Algoma Steel operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 2696 people.

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Additional Tools for Algoma Stock Analysis

When running Algoma Steel's price analysis, check to measure Algoma Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.