Cleveland-Cliffs (CLF) EBITDA Margin (2009 - 2026)
Cleveland-Cliffs (CLF) reported EBITDA Margin of 4.33% for Q1 2026, up 455.0% year-over-year from 0.78% in Q1 2025, and up 43.61% quarter-over-quarter from 7.67% in Q4 2025.
Cleveland-Cliffs (CLF) EBITDA Margin (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has 18 years of EBITDA Margin data on file, last reported at 4.33% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 4.33%, up 455.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.29% (down 32.0% YoY), and the FY2025 annual result was 8.48%, down 451.0% from the prior year.
- EBITDA Margin rose to 4.33% in Q1 2026 per CLF's latest filing, from 7.67% in the prior quarter.
- Over five years, EBITDA Margin peaked at 15.3% in Q1 2022 and troughed at 10.75% in Q4 2024.
- A 5-year average of 1.33% and a median of 3.61% in 2022 frame the typical range for EBITDA Margin.
- On a YoY basis, EBITDA Margin climbed as much as 1357 bps in 2022 and fell as far as 73498 bps in 2022.
- A 5-year view of EBITDA 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 EBITDA Margin at 4.33% in Q1 2026, 7.67% in Q4 2025, and 4.31% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 9.97% |
| 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| Date | Value |
|---|---|
| Mar 31, 2026 | -4.33% |
| Dec 31, 2025 | -7.67% |
| Sep 30, 2025 | -4.31% |
| Jun 30, 2025 | -8.94% |
| Mar 31, 2025 | -8.88% |
| Dec 31, 2024 | -10.75% |
| Sep 30, 2024 | -5.71% |
| Jun 30, 2024 | 0.51% |
| Mar 31, 2024 | -1.25% |
| Dec 31, 2023 | -2.31% |
| Sep 30, 2023 | 5.80% |
| Jun 30, 2023 | 5.82% |
| Mar 31, 2023 | -4.17% |
| Dec 31, 2022 | -3.61% |
| Sep 30, 2022 | 3.31% |
| Jun 30, 2022 | 8.58% |
| Mar 31, 2022 | 15.30% |
| Dec 31, 2021 | 731.37% |
| Sep 30, 2021 | 27.47% |
| Jun 30, 2021 | 16.83% |