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Cleveland-Cliffs stock: key metrics
CLFCleveland-Cliffs had an operating margin of −7.3% and a return on invested capital (ROIC) of −7.4% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 21.5% | 18.8% | 14.6% |
| 2007 | 20.3% | 16.6% | 11.9% |
| 2008 | 32.1% | 26.0% | 14.3% |
| 2009 | 13.2% | 9.8% | 8.8% |
| 2010 | 32.5% | 27.0% | 21.8% |
| 2011 | 39.6% | 34.3% | 23.8% |
| 2012 | 20.0% | −5.3% | −15.3% |
| 2013 | 20.2% | 11.8% | 7.3% |
| 2014 | 9.8% | −203.9% | no data |
| 2015 | 11.7% | 7.5% | no data |
| 2016 | 18.5% | 11.4% | no data |
| 2017 | 21.9% | 18.5% | 16.1% |
| 2018 | 34.7% | 28.9% | 48.4% |
| 2019 | 28.9% | 21.6% | 14.7% |
| 2020 | 4.7% | −2.7% | −2.3% |
| 2021 | 22.2% | 19.6% | 14.6% |
| 2022 | 11.0% | 8.4% | 5.8% |
| 2023 | 6.3% | 3.1% | 1.8% |
| 2024 | 0.4% | −3.9% | −3.9% |
| 2025 | −4.1% | −7.3% | −7.9% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 30.5% | 42.5% | 14.4% |
| 2007 | 20.8% | 25.1% | 8.8% |
| 2008 | 29.5% | 39.5% | 12.5% |
| 2009 | 8.1% | 8.9% | 4.4% |
| 2010 | 26.5% | 28.9% | 13.1% |
| 2011 | 28.0% | 26.0% | 11.1% |
| 2012 | −19.4% | −2.4% | −6.6% |
| 2013 | 6.8% | 6.0% | 3.2% |
| 2014 | no data | no data | no data |
| 2015 | no data | 8.4% | no data |
| 2016 | no data | 38.4% | no data |
| 2017 | −84.4% | 58.2% | 12.7% |
| 2018 | 200.0% | 51.8% | 32.0% |
| 2019 | 81.8% | 21.2% | 8.4% |
| 2020 | −4.4% | −2.0% | −0.7% |
| 2021 | 54.4% | 31.2% | 15.7% |
| 2022 | 17.1% | 12.2% | 7.1% |
| 2023 | 5.1% | 4.2% | 2.3% |
| 2024 | −11.3% | −4.6% | −3.6% |
| 2025 | −24.2% | −7.4% | −7.4% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 30 Apr 2024)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.