Cleveland-Cliffs (CLF) EBIT Margin (2009 - 2026)

Cleveland-Cliffs (CLF) reported EBIT Margin of 4.33% for Q1 2026, up 740.0% year-over-year from 0.52% in Q1 2025, and up 43.61% quarter-over-quarter from 7.67% in Q4 2025.

Cleveland-Cliffs (CLF) EBIT Margin (2009 - 2026) Analysis & Trends

Cleveland-Cliffs (CLF) has 18 years of EBIT Margin data on file, last reported at 4.33% in Q1 2026.

  • EBIT Margin for Q1 2026 came in at 4.33%, up 740.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.59% (up 19.0% YoY), and the FY2025 annual result was 8.48%, down 451.0% from the prior year.
  • EBIT Margin rose to 4.33% in Q1 2026 per CLF's latest filing, from 7.67% in the prior quarter.
  • Over five years, EBIT Margin peaked at 18.37% in Q1 2022 and troughed at 11.73% in Q1 2025.
  • A 5-year average of 0.76% and a median of 2.31% in 2023 frame the typical range for EBIT Margin.
  • On a YoY basis, EBIT Margin climbed as much as 1400 bps in 2022 and fell as far as 73498 bps in 2022.
  • A 5-year view of EBIT Margin shows it stood at 3.61% in 2022, then soared by 36 bps to 2.31% in 2023, then tumbled by 366 bps to 10.75% in 2024, then rose by 29 bps to 7.67% in 2025, then soared by 44 bps to 4.33% in 2026.
  • Business Quant data shows CLF's EBIT Margin at 4.33% in Q1 2026, 7.67% in Q4 2025, and 4.31% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 7.37%
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 11.83%
3 ArcelorMittal 51.15 Bn 48.81 Bn - 4.87%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 10.34%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 9.14%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -4.33%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -51.70%
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn 44.81%
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 0.40%
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 9.15%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.33%
Dec 31, 2025 -7.67%
Sep 30, 2025 -4.31%
Jun 30, 2025 -10.09%
Mar 31, 2025 -11.73%
Dec 31, 2024 -10.75%
Sep 30, 2024 -5.71%
Jun 30, 2024 0.12%
Mar 31, 2024 -0.73%
Dec 31, 2023 -2.31%
Sep 30, 2023 5.80%
Jun 30, 2023 8.07%
Mar 31, 2023 -0.59%
Dec 31, 2022 -3.61%
Sep 30, 2022 3.31%
Jun 30, 2022 13.26%
Mar 31, 2022 18.37%
Dec 31, 2021 731.37%
Sep 30, 2021 27.47%
Jun 30, 2021 21.15%