Skip to content
Screener

Cleveland-Cliffs CLF Return on invested capital

Return on invested capital at other companies

Nucor logo
NucorNUE
14.7%+5.2pp
Steel Dynamics logo
Steel DynamicsSTLD
12.9%+4.2pp
Suncoke Energy logo
Suncoke EnergySXC
-6.6%-18.7pp
Metallus logo
MetallusMTUS
4.7%-4.2pp
Reliance logo
RelianceRS
10.5%+1.6pp
Worthington Steel logo
Worthington SteelWS
8.7%-1.9pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
Return on equity-14.6%-4.3pp
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 invested capital?
Cleveland-Cliffs (CLF) reported return on invested capital of -6% in Q2 2026.
How has Cleveland-Cliffs's return on invested capital changed year-over-year?
Cleveland-Cliffs's return on invested capital increased by 59.6% year-over-year, from -14.8% to -6%.
What is the long-term trend for Cleveland-Cliffs's return on invested capital?
Over 3 years (2021 to 2025), Cleveland-Cliffs's return on invested capital has grown at a -30.6% compound annual growth rate (CAGR), from 33.3% to -11.1%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

Ask your AI about Cleveland-Cliffs's return on invested capital.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude