Cleveland-Cliffs CLF
NYSE CLF
$12.09 -0.20 (-1.67%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cleveland-Cliffs (CLF) Asset Utilization Ratio (2009 - 2026)

Cleveland-Cliffs' (CLF) quarterly Asset Utilization Ratio came in at 0.95 in Q2 2026, up 6.78% year-over-year from 0.89 in Q2 2025, and up 1.28% quarter-over-quarter from 0.94 in Q1 2026.

Analysis

Cleveland-Cliffs (CLF) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Cleveland-Cliffs (CLF) has reported Asset Utilization Ratio for 18 consecutive years, with 0.95 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 6.78% year-over-year to 0.95 in Q2 2026; TTM through Jun 2026 was 0.95, a 6.78% increase from a year earlier, with the FY2025 full-year figure at 0.91, down 8.86% from the prior year.
  • Asset Utilization Ratio was 0.95 for Q2 2026 at Cleveland-Cliffs, up from 0.94 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.26 in Q1 2024 and troughed at 0.89 in Q1 2022.
  • A 5-year average of 1.05 and a median of 0.99 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio surged 45.24% in 2022 and fell 29.26% in 2025, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 1.2 in 2022, then climbed by 3.33% to 1.24 in 2023, then declined by 17.74% to 1.02 in 2024, then fell by 9.16% to 0.92 in 2025, then increased by 3.33% to 0.95 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.95 (Q2 2026), 0.94 (Q1 2026), and 0.92 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Ternium 116.34 Bn 110.88 Bn 941.02 Mn 0.66
2 Nucor 59.22 Bn 57.68 Bn 2.03 Bn 0.99
3 Steel Dynamics 34.76 Bn 33.98 Bn 958.97 Mn 1.21
4 Gerdau 9.98 Bn 8.94 Bn 558.98 Mn 0.83
5 Commercial Metals 7.78 Bn 7.22 Bn 455.14 Mn 0.91
6 Cleveland-Cliffs 7.13 Bn 7.27 Bn 132.00 Mn 0.95
7 Posco Holdings 4.74 Bn -4.93 Bn 1.11 Bn 1.05
8 GRUPO SIMEC, S.A.B. de C.V 4.41 Bn 2.86 Bn - -
9 National Steel 1.62 Bn -1.21 Bn 579.08 Mn 0.95
10 SunCoke Energy 876.76 Mn 861.96 Mn 100.40 Mn 1.09
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.95
Mar 31, 2026 0.94
Dec 31, 2025 0.92
Sep 30, 2025 0.91
Jun 30, 2025 0.89
Mar 31, 2025 0.89
Dec 31, 2024 1.02
Sep 30, 2024 1.18
Jun 30, 2024 1.23
Mar 31, 2024 1.26
Dec 31, 2023 1.24
Sep 30, 2023 1.21
Jun 30, 2023 1.19
Mar 31, 2023 1.19
Dec 31, 2022 1.20
Sep 30, 2022 0.91
Jun 30, 2022 0.93
Mar 31, 2022 0.89
Dec 31, 2021 0.82
Sep 30, 2021 1.04