Cleveland-Cliffs CLF
NYSE CLF
$10.73 -0.43 (-3.85%)
At close: Aug 20, 2026 · 4:00 PM EDT

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

Cleveland-Cliffs (CLF) posted quarterly EBITDA Margin of 0.94% for Q2 2026, up 922.0% year-over-year from 0.09% in Q2 2025, and up 78.33% quarter-over-quarter from 4.33% in Q1 2026.

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

Cleveland-Cliffs (CLF) has reported EBITDA Margin for 18 consecutive years, with 0.94% the latest figure, recorded in Q2 2026.

  • In Q2 2026, EBITDA Margin rose 922.0% year-over-year to 0.94%; the TTM figure through Jun 2026 stood at 4.15% (up 544.0% YoY), while the FY2025 annual figure was 8.48%, down 451.0% from the prior year.
  • EBITDA Margin climbed to 0.94% in Q2 2026 per CLF's latest filing, from 4.33% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 18.37% in Q1 2022 and bottomed at 11.73% in Q1 2025.
  • Historically, EBITDA Margin has averaged 0.77% across 5 years, with a median of 1.62% in 2026.
  • On a YoY basis, EBITDA Margin climbed as much as 1400 bps in 2022 and fell as far as 73498 bps in 2022.
  • Cleveland-Cliffs' EBITDA Margin stood at 3.61% in 2022, then jumped by 36 bps to 2.31% in 2023, then plunged by 366 bps to 10.75% in 2024, then gained by 29 bps to 7.67% in 2025, then jumped by 88 bps to 0.94% in 2026.
  • Business Quant data shows CLF's EBITDA Margin at 0.94% in Q2 2026, 4.33% in Q1 2026, and 7.67% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Ternium 106.22 Bn 96.33 Bn 941.02 Mn 16.52%
2 Nucor 55.03 Bn 52.34 Bn 2.03 Bn 15.67%
3 ArcelorMittal 54.04 Bn 49.19 Bn - 0.49%
4 Steel Dynamics 31.61 Bn 31.03 Bn 958.97 Mn 11.50%
5 Reliance 19.53 Bn 19.29 Bn 1.30 Bn 9.54%
6 Cleveland-Cliffs 6.15 Bn 6.08 Bn 132.00 Mn -0.94%
7 Gerdau 5.42 Bn 4.28 Bn 558.98 Mn 17.67%
8 GRUPO SIMEC, S.A.B. de C.V 4.56 Bn 3.00 Bn - -
9 Posco Holdings 4.34 Bn 1.84 Bn 1.04 Bn 2.35%
10 Worthington Steel 1.70 Bn 1.61 Bn 118.80 Mn -8.02%

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.94%
Mar 31, 2026 -4.33%
Dec 31, 2025 -7.67%
Sep 30, 2025 -4.31%
Jun 30, 2025 -10.15%
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%