Cleveland-Cliffs Operating Margin 2012-2025 | CLF
Current and historical operating margin for Cleveland-Cliffs (CLF) over the last 10 years. The current operating profit margin for Cleveland-Cliffs as of December 31, 2025 is -6.25%.
| Cleveland-Cliffs Operating Margin Historical Data | |||
|---|---|---|---|
| Date | TTM Revenue | TTM Operating Income | Operating Margin |
| 2025-12-31 | $18.61B | $-1.58B | -8.48% |
| 2025-09-30 | $18.62B | $-1.70B | -9.15% |
| 2025-06-30 | $18.46B | $-1.76B | -9.54% |
| 2025-03-31 | $18.62B | $-1.26B | -6.75% |
| 2024-12-31 | $19.19B | $-0.76B | -3.94% |
| 2024-09-30 | $19.97B | $-0.39B | -1.97% |
| 2024-06-30 | $21.01B | $0.19B | 0.92% |
| 2024-03-31 | $21.90B | $0.67B | 3.06% |
| 2023-12-31 | $22.00B | $0.68B | 3.08% |
| 2023-09-30 | $21.93B | $0.60B | 2.71% |
| 2023-06-30 | $21.98B | $0.46B | 2.08% |
| 2023-03-31 | $22.33B | $0.81B | 3.65% |
| 2022-12-31 | $22.99B | $1.94B | 8.43% |
| 2022-09-30 | $23.29B | $3.24B | 13.91% |
| 2022-06-30 | $23.64B | $4.70B | 19.89% |
| 2022-03-31 | $22.35B | $4.93B | 22.05% |
| 2021-12-31 | $20.44B | $4.01B | 19.62% |
| 2021-09-30 | $17.35B | $3.00B | 17.29% |
| 2021-06-30 | $13.00B | $1.39B | 10.69% |
| 2021-03-31 | $9.04B | $0.11B | 1.26% |
| 2020-12-31 | $5.35B | $-0.14B | -2.65% |
| 2020-09-30 | $3.63B | $-0.17B | -4.63% |
| 2020-06-30 | $2.54B | $-0.08B | -3.30% |
| 2020-03-31 | $2.19B | $0.35B | 16.01% |
| 2019-12-31 | $1.99B | $0.43B | 21.56% |
| 2019-09-30 | $2.15B | $0.51B | 23.75% |
| 2019-06-30 | $2.34B | $0.61B | 26.26% |
| 2019-03-31 | $2.31B | $0.64B | 27.76% |
| 2018-12-31 | $2.33B | $0.67B | 28.82% |
| 2018-09-30 | $1.97B | $0.58B | 29.16% |
| 2018-06-30 | $1.83B | $0.48B | 26.22% |
| 2018-03-31 | $1.58B | $0.34B | 21.46% |
| 2017-12-31 | $1.87B | $0.39B | 20.90% |
| 2017-09-30 | $1.73B | $0.35B | 20.00% |
| 2017-06-30 | $1.69B | $0.25B | 14.95% |
| 2017-03-31 | $1.71B | $0.21B | 12.39% |
| 2016-12-31 | $1.56B | $0.13B | 8.49% |
| 2016-09-30 | $1.83B | $0.14B | 7.37% |
| 2016-06-30 | $1.87B | $0.13B | 6.89% |
| 2016-03-31 | $1.87B | $0.08B | 4.27% |
| 2015-12-31 | $2.01B | $0.15B | 7.55% |
| 2015-09-30 | $2.57B | $0.12B | 4.71% |
| 2015-06-30 | $2.95B | $-0.05B | -1.73% |
| 2015-03-31 | $3.20B | $0.06B | 1.94% |
| 2014-12-31 | $3.37B | $0.13B | 3.82% |
| 2014-09-30 | $2.06B | $0.86B | 41.82% |
| 2014-06-30 | $2.63B | $1.23B | 46.76% |
| 2014-03-31 | $3.37B | $1.35B | 40.12% |
| 2013-12-31 | $3.89B | $1.38B | 35.46% |
| 2013-09-30 | $5.71B | $-0.32B | -5.53% |
| 2013-06-30 | $5.71B | $-0.46B | -8.12% |
| 2013-03-31 | $5.80B | $-0.36B | -6.27% |
| 2012-12-31 | $5.87B | $-0.31B | -5.26% |
| 2012-09-30 | $5.82B | $0.98B | 16.85% |
| 2012-06-30 | $6.37B | $1.72B | 27.05% |
| 2012-03-31 | $6.59B | $1.98B | 30.00% |
| 2011-12-31 | $6.56B | $2.30B | 34.99% |
| 2011-09-30 | $6.30B | $2.34B | 37.12% |
| 2011-06-30 | $5.56B | $1.91B | 34.40% |
| 2011-03-31 | $4.94B | $1.66B | 33.63% |
| 2010-12-31 | $4.48B | $1.23B | 27.48% |
| 2010-09-30 | $4.08B | $1.03B | 25.25% |
| 2010-06-30 | $3.40B | $0.72B | 21.21% |
| 2010-03-31 | $2.61B | $0.34B | 12.98% |
| 2009-12-31 | $2.34B | $0.24B | 10.08% |
| 2009-09-30 | $2.44B | $0.22B | 9.15% |
| 2009-06-30 | $2.96B | $0.48B | 16.24% |
| 2009-03-31 | $3.58B | $0.91B | 25.34% |
| 2008-12-31 | $3.61B | $0.94B | 26.02% |
| 2008-09-30 | $3.48B | $0.93B | 26.75% |
| 2008-06-30 | $2.91B | $0.67B | 23.16% |
| 2008-03-31 | $2.45B | $0.38B | 15.54% |
| 2007-12-31 | $2.28B | $0.38B | 16.78% |
| 2007-09-30 | $2.04B | $0.33B | 16.01% |
| 2007-06-30 | $2.00B | $0.37B | 18.22% |
| 2007-03-31 | $1.94B | $0.37B | 18.80% |
| 2006-12-31 | $1.92B | $0.37B | 19.05% |
| 2006-09-30 | $1.84B | $0.34B | 18.63% |
| 2006-06-30 | $1.78B | $0.35B | 19.49% |
| 2006-03-31 | $1.77B | $0.37B | 20.80% |
| 2005-12-31 | $1.74B | $0.36B | 20.53% |
| 2005-09-30 | $1.60B | $0.33B | 20.94% |
| 2005-06-30 | $1.43B | $0.26B | 18.15% |
| 2005-03-31 | $1.24B | $0.16B | 12.49% |
| 2004-12-31 | $1.20B | $0.12B | 9.80% |
| 2004-09-30 | $1.12B | $0.06B | 5.71% |
| 2004-06-30 | $1.00B | $0.01B | 0.90% |
| 2004-03-31 | $0.91B | $-0.05B | -5.40% |
| 2003-12-31 | $0.83B | $-0.05B | -5.94% |
| 2003-09-30 | $0.77B | $-0.08B | -10.05% |
| 2003-06-30 | $0.74B | $-0.07B | -9.09% |
| 2003-03-31 | $0.68B | $-0.05B | -7.03% |
| 2002-12-31 | $0.59B | $-0.06B | -10.56% |
| 2002-09-30 | $0.50B | $-0.01B | -2.19% |
| 2002-06-30 | $0.42B | $-0.02B | -4.52% |
| 2002-03-31 | $0.35B | $-0.04B | -10.73% |
| 2001-12-31 | $0.32B | $-0.03B | -9.38% |
| 2001-09-30 | $0.34B | $-0.04B | -11.31% |
| 2001-06-30 | $0.36B | $-0.02B | -6.16% |
| 2001-03-31 | $0.39B | $0.03B | 7.93% |
| 2000-12-31 | $0.40B | $0.04B | 10.13% |
| 2000-09-30 | $0.43B | $0.06B | 12.85% |
| 2000-06-30 | $0.39B | $0.03B | 8.31% |
| 2000-03-31 | $0.36B | $0.02B | 4.97% |
| 1999-12-31 | $0.36B | $0.03B | 7.18% |
| 1999-09-30 | $0.35B | $0.04B | 11.21% |
| 1999-06-30 | $0.43B | $0.08B | 19.21% |
| 1999-03-31 | $0.49B | $0.09B | 18.90% |
| 1998-12-31 | $0.51B | $0.09B | 17.43% |
| 1998-09-30 | $0.53B | $0.10B | 18.10% |
| 1998-06-30 | $0.50B | $0.09B | 17.47% |
| 1998-03-31 | $0.46B | $0.08B | 17.53% |
| 1997-12-31 | $0.46B | $0.09B | 18.68% |
| 1997-09-30 | $0.45B | $0.08B | 17.00% |
| 1997-06-30 | $0.47B | $0.09B | 18.68% |
| 1997-03-31 | $0.49B | $0.10B | 20.20% |
| 1996-12-31 | $0.52B | $0.10B | 19.46% |
| 1996-09-30 | $0.51B | $0.12B | 23.35% |
| 1996-06-30 | $0.49B | $0.12B | 23.98% |
| 1996-03-31 | $0.47B | $0.10B | 21.28% |
| 1995-12-31 | $0.47B | $0.10B | 21.52% |
| 1995-09-30 | $0.47B | $0.08B | 16.35% |
| 1995-06-30 | $0.44B | $0.07B | 15.33% |
| 1995-03-31 | $0.40B | $0.07B | 17.37% |
| 1994-12-31 | $0.39B | $0.07B | 16.71% |
| 1994-09-30 | $0.35B | $0.06B | 18.05% |
| 1994-06-30 | $0.33B | $0.05B | 15.64% |
| 1994-03-31 | $0.36B | $0.09B | 23.69% |
| 1993-12-31 | $0.36B | $0.08B | 23.03% |
| 1993-09-30 | $0.33B | $0.06B | 18.77% |
| 1993-06-30 | $0.35B | $0.07B | 20.87% |
| 1993-03-31 | $0.32B | $0.04B | 12.30% |
| 1992-12-31 | $0.33B | $0.05B | 14.07% |
| 1992-09-30 | $0.34B | $0.05B | 15.77% |
| 1992-06-30 | $0.33B | $0.04B | 13.23% |
| 1992-03-31 | $0.31B | $0.04B | 11.78% |
| 1991-12-31 | $0.32B | $0.03B | 8.81% |
| 1991-09-30 | $0.32B | $0.03B | 8.36% |
| 1991-06-30 | $0.32B | $0.02B | 6.25% |
| 1991-03-31 | $0.31B | $0.01B | 4.50% |
| 1990-12-31 | $0.31B | $0.02B | 7.10% |
| 1990-09-30 | $0.31B | $0.06B | 18.53% |
| 1990-06-30 | $0.31B | $0.08B | 27.01% |
| 1990-03-31 | $0.34B | $0.09B | 25.74% |
| 1989-12-31 | $0.35B | $0.08B | 21.65% |
| 1989-09-30 | $0.28B | $0.05B | 18.15% |
| 1989-06-30 | $0.29B | $0.04B | 13.70% |
| 1989-03-31 | $0.30B | $0.05B | 16.61% |
| 1988-12-31 | $0.30B | $0.06B | 18.39% |
| 1988-09-30 | $0.29B | $0.06B | 20.83% |
| 1988-06-30 | $0.30B | $0.04B | 12.25% |
| 1988-03-31 | $0.32B | $0.01B | 3.79% |
| 1987-12-31 | $0.34B | $0.00B | 0.87% |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Basic Materials | Steel Producers | $5.921B | $18.610B |
| Cleveland-Cliffs Inc. is the largest producer of iron ore pellets in North America. It is also the biggest flat-rolled steel producer in the region. The company is a major producer of iron ore pellets and it mainly sells products to integrated steel companies through this division in the United States and Canada. Cleveland-Cliffs updated its segment structure following the ArcelorMittal USA buyout and now has one reportable segment, Steelmaking. The earlier Mining and Pelletizing division is now included within Steelmaking while other remaining operating segments including Tooling and Stamping are classified as Other Businesses. The company's Steelmaking operations makes flat-rolled carbon, stainless, electrical, plate, tinplate and long steel products. It provides carbon and stainless-steel tubing products, die design and tooling, as well as hot and cold-stamped components. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| ArcelorMittal (MT) | Luxembourg | $47.670B | 16.02 |
| Nucor (NUE) | United States | $41.934B | 23.70 |
| Steel Dynamics (STLD) | United States | $27.992B | 23.93 |
| Nippon Steel & Sumitomo Metal (NPSCY) | Japan | $23.429B | 0.00 |
| Jfe Holdings (JFEEF) | Japan | $9.050B | 27.36 |
| Commercial Metals (CMC) | United States | $8.833B | 18.92 |
| Ternium S.A (TX) | Luxembourg | $8.751B | 28.91 |
| SSAB (SSAAY) | Sweden | $8.571B | 17.20 |
| Gerdau S.A (GGB) | Brazil | $8.231B | 13.73 |
| ThyssenKrupp AG (TKAMY) | Germany | $7.780B | 7.48 |
| Aperam (APEMY) | Luxembourg | $3.636B | 99.36 |
| Salzgitter AG (SZGPY) | Germany | $3.305B | 0.00 |
| Outokumpu (OUTKY) | Finland | $2.777B | 0.00 |
| National Steel (SID) | Brazil | $2.241B | 0.00 |
| Usinas Siderurgicas De Minas Gerais SA (USNZY) | Brazil | $0.679B | 17.71 |
| Olympic Steel (ZEUS) | United States | $0.536B | 46.47 |
| Algoma Steel Group (ASTL) | Canada | $0.506B | 0.00 |
| L.B Foster (FSTR) | United States | $0.329B | 70.29 |
| ZK Group (ZKIN) | China | $0.010B | 0.00 |
| POSCO (PKX) | South Korea | $0.000B | 49.71 |
| Mechel PAO (MTL) | Russia | $0.000B | 0.00 |