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Cleveland-Cliffs CLF Return on equity

Return on equity at other companies

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NucorNUE
11.2%+4.7pp
Steel Dynamics logo
Steel DynamicsSTLD
17.6%+6.0pp
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Suncoke EnergySXC
-10.4%-24.7pp
Metallus logo
MetallusMTUS
0.4%
Reliance logo
RelianceRS
12.2%+2.2pp
Worthington Steel logo
Worthington SteelWS
11.4%+0.3pp

Other financials

Income statement

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Revenue$5.2B+5.9%
Gross profit$132.0M+162%
Operating income-$49.0M+90.2%
Net income-$134.0M+71.7%
EPS (diluted)-$0.25+74.5%

Balance sheet

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Cash & equivalents$70.0M+14.8%
Total debt$7.7B-0.3%
Total equity$5.6B-3.7%
Total assets$20.1B-1.7%

Cash flow

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Operating cash flow-$325.0M+7.4%
CapEx$157.0M+40.2%
Free cash flow-$477.0M+5.2%

Valuation

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Market cap$7.22B+55.7%
Enterprise value$14.85B+20.7%
P/S0.4×+0.1×

Profitability

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Gross margin-1.1%
Operating margin-4.2%-1.5pp
Net margin-4.3%-1.5pp
FCF margin-5.3%-0.3pp

Returns & leverage

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Debt / equity1.4×0.0×
Current ratio1.9×-0.2×

Where this comes from

Calculated from Cleveland-Cliffs’s reported figures.

Based on trailing twelve months.

The source filing: Cleveland-Cliffs’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000764065-26-000100

FAQ

What is Cleveland-Cliffs's return on equity?
Cleveland-Cliffs (CLF) reported return on equity of -14.6% in Q2 2026.
How has Cleveland-Cliffs's return on equity changed year-over-year?
Cleveland-Cliffs's return on equity increased by 42.0% year-over-year, from -25.1% to -14.6%.
What is the long-term trend for Cleveland-Cliffs's return on equity?
Over 2 years (2021 to 2025), Cleveland-Cliffs's return on equity has grown at a -47.3% compound annual growth rate (CAGR), from 80.8% to -22.4%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

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