Cleveland-Cliffs CLF Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | -2.9%+1.7pp | -4.6%— | —— | —— | —— | |
| Operating margin | -6.6%+1.9pp | -8.5%+0.7pp | -9.2%+0.4pp | -9.6%-2.8pp | -6.8%-2.8pp | |
| Net margin | -6.2%+1.5pp | -7.7%+1.1pp | -8.7%+0.1pp | -8.8%-2.6pp | -6.1%-2.4pp | |
| Returns | ||||||
| Return on equity | -19.3%+3.0pp | -22.4%+4.0pp | -26.4%-1.3pp | -25.1%-8.1pp | -17%-7.2pp | |
| Return on invested capital | -9.1%+2.0pp | -11.1%+3.1pp | -14.2%+0.5pp | -14.7%-4.5pp | -10.3%-4.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×0.0× | 0.9×-0.1× | 1×0.0× | 1×0.0× | 1×0.0× | |
| Liquidity | ||||||
| Current ratio | 2×+0.1× | 1.9×-0.1× | 2×0.0× | 2×-0.1× | 2.1×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1.3×0.0× | 1.3×-0.2× | 1.5×+0.1× | 1.3×+0.1× | 1.2×0.0× | |
| Valuation | ||||||
| Market capitalization | $4.82B-36.3% | $7.57B+25.4% | $6.04B+70.2% | $3.55B-12.7% | $4.06B-12.5% | |
| Price / sales | 0.3×-0.2× | 0.4×+0.1× | 0.3×+0.1× | 0.2×0.0× | 0.2×0.0× | |
| Price / book | 0.8×-0.4× | 1.2×+0.1× | 1.1×+0.5× | 0.6×0.0× | 0.6×0.0× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Cleveland-Cliffs's profit margins?
- Cleveland-Cliffs (CLF) runs a -2.9% gross margin and a -6.6% operating margin, with a -6.2% net margin.
- Where do Cleveland-Cliffs's ratios come from?
- Every ratio is computed from Cleveland-Cliffs's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
