Algoma Steel
ASTL
#6549
Rank
A$0.91 B
Marketcap
$8.77
Share price
-13.79%
Change (1 day)
-24.95%
Change (1 year)

Operating Margin for Algoma Steel (ASTL)

Operating Margin as of March 2025 (TTM): -7.72%

According to Algoma Steel's latest financial reports and stock price the company's current Operating Margin is -7.72%. At the end of 2024 the company had an Operating Margin of 5.18%.

Operating Margin history for Algoma Steel from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20245.18%-61.71%
202313.54%-55.46%
202230.39%-816.75%
2021-4.24%-53.96%
2020-9.21%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.