Algoma Steel Group Inc

NASDAQ ASTL

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Algoma Steel Group Inc Pre-Tax Margin 1 year YoY Change (%) for the quarter ending December 31, 2023: 35.68%

Algoma Steel Group Inc Pre-Tax Margin 1 year YoY Change (%) is 35.68% for the quarter ending December 31, 2023, a 127.99% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Algoma Steel Group Inc Pre-Tax Margin for the quarter ending December 31, 2022 was -11.57%, a -127.47% change year over year.
  • Algoma Steel Group Inc Pre-Tax Margin for the quarter ending December 31, 2021 was 42.13%, a 1,117.65% change year over year.
  • Algoma Steel Group Inc Pre-Tax Margin for the quarter ending December 31, 2020 was -4.14%.
NASDAQ: ASTL

Algoma Steel Group Inc

CEO Mr. Rajat Marwah
IPO Date Oct. 20, 2021
Location Canada
Headquarters 105 West Street, Sault Ste. Marie, ON, Canada, P6A 7B4
Employees 2,847
Sector Basic Materials
Industry Steel
Description

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.

StockViz Staff

September 19, 2024

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