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

Cleveland-Cliffs (CLF) reported EBT Margin of 6.24% for Q1 2026, up 748.0% year-over-year from 0.74% in Q1 2025, and up 38.72% quarter-over-quarter from 10.18% in Q4 2025.

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

Cleveland-Cliffs (CLF) has 18 years of EBT Margin data on file, last reported at 6.24% in Q1 2026.

  • EBT Margin for Q1 2026 came in at 6.24%, up 748.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.85% (down 69.0% YoY), and the FY2025 annual result was 10.77%, down 582.0% from the prior year.
  • EBT Margin advanced to 6.24% in Q1 2026 per CLF's latest filing, from 10.18% 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 1.87% and a median of 2.46% in 2023 frame the typical range for EBT Margin.
  • On a YoY basis, EBT Margin climbed as much as 1600 bps in 2022 and fell as far as 73048 bps in 2022.
  • A 5-year view of EBT Margin shows it stood at 3.69% in 2022, then soared by 33 bps to 2.46% in 2023, then plunged by 435 bps to 13.18% in 2024, then gained by 23 bps to 10.18% in 2025, then soared by 39 bps to 6.24% in 2026.
  • Business Quant data shows CLF's EBT Margin at 6.24% in Q1 2026, 10.18% in Q4 2025, and 6.53% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 7.10%
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 11.54%
3 ArcelorMittal 51.15 Bn 48.81 Bn - 4.87%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 9.86%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 8.68%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -6.24%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 53.69%
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -10.87%
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 1.86%
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 9.07%

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.24%
Dec 31, 2025 -10.18%
Sep 30, 2025 -6.53%
Jun 30, 2025 -12.53%
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%
Jun 30, 2021 20.02%