Cleveland-Cliffs (CLF) EBT Margin (2009 - 2026)
Cleveland-Cliffs' (CLF) quarterly EBT Margin came in at 2.91% in Q2 2026, up 968.0% year-over-year from 0.27% in Q2 2025, and up 53.37% quarter-over-quarter from 6.24% in Q1 2026.
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Analysis
Cleveland-Cliffs (CLF) EBT Margin (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported EBT Margin for 18 consecutive years, with 2.91% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin rose 968.0% year-over-year to 2.91% in Q2 2026; TTM through Jun 2026 was 6.29%, a 527.0% increase from a year earlier, with the FY2025 full-year figure at 10.77%, down 582.0% from the prior year.
- EBT Margin was 2.91% for Q2 2026 at Cleveland-Cliffs, up from 6.24% in the prior quarter.
- Over five years, EBT Margin peaked at 17.63% in Q1 2022 and troughed at 13.72% in Q1 2025.
- A 5-year average of 1.94% and a median of 2.69% in 2023 frame the typical range for EBT Margin.
- The widest YoY moves for EBT Margin: up 1600 bps in 2022, down 73048 bps in 2022.
- Over 5 years, EBT Margin stood at 3.69% in 2022, then surged by 33 bps to 2.46% in 2023, then sank by 435 bps to 13.18% in 2024, then rose by 23 bps to 10.18% in 2025, then jumped by 71 bps to 2.91% in 2026.
- The last three EBT Margin figures came in at 2.91% (Q2 2026), 6.24% (Q1 2026), and 10.18% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 116.34 Bn | 110.88 Bn | 941.02 Mn | 11.23% |
| 2 | Nucor | 59.22 Bn | 57.68 Bn | 2.03 Bn | 15.63% |
| 3 | Steel Dynamics | 34.76 Bn | 33.98 Bn | 958.97 Mn | 11.22% |
| 4 | Gerdau | 9.98 Bn | 8.94 Bn | 558.98 Mn | 11.33% |
| 5 | Commercial Metals | 7.78 Bn | 7.22 Bn | 455.14 Mn | 7.60% |
| 6 | Cleveland-Cliffs | 7.13 Bn | 7.27 Bn | 132.00 Mn | -2.91% |
| 7 | Posco Holdings | 4.74 Bn | -4.93 Bn | 1.11 Bn | 4.73% |
| 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 | -4.59% |
| 10 | SunCoke Energy | 876.76 Mn | 861.96 Mn | 100.40 Mn | 4.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.91% |
| Mar 31, 2026 | -6.24% |
| Dec 31, 2025 | -10.18% |
| Sep 30, 2025 | -6.53% |
| Jun 30, 2025 | -12.59% |
| Mar 31, 2025 | -13.72% |
| Dec 31, 2024 | -13.18% |
| Sep 30, 2024 | -6.74% |
| Jun 30, 2024 | -0.12% |
| Mar 31, 2024 | -1.17% |
| Dec 31, 2023 | -2.46% |
| Sep 30, 2023 | 5.41% |
| Jun 30, 2023 | 7.65% |
| Mar 31, 2023 | -1.06% |
| Dec 31, 2022 | -3.69% |
| Sep 30, 2022 | 3.10% |
| Jun 30, 2022 | 11.95% |
| Mar 31, 2022 | 17.63% |
| Dec 31, 2021 | 726.80% |
| Sep 30, 2021 | 26.90% |