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

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

Cleveland-Cliffs (CLF) posted quarterly EBT Margin of 2.91% for 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.

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.

  • In Q2 2026, EBT Margin rose 968.0% year-over-year to 2.91%; the TTM figure through Jun 2026 stood at 6.29% (up 527.0% YoY), while the FY2025 annual figure was 10.77%, down 582.0% from the prior year.
  • EBT Margin grew to 2.91% in Q2 2026 per CLF's latest filing, from 6.24% in the prior quarter.
  • Across five years, EBT Margin topped out at 17.63% in Q1 2022 and bottomed at 13.72% in Q1 2025.
  • Historically, EBT Margin has averaged 1.94% across 5 years, with a median of 2.69% in 2023.
  • On a YoY basis, EBT Margin climbed as much as 1600 bps in 2022 and fell as far as 73048 bps in 2022.
  • Cleveland-Cliffs' EBT Margin stood at 3.69% in 2022, then jumped by 33 bps to 2.46% in 2023, then sank by 435 bps to 13.18% in 2024, then advanced by 23 bps to 10.18% in 2025, then soared by 71 bps to 2.91% in 2026.
  • Business Quant data shows CLF's EBT Margin at 2.91% in Q2 2026, 6.24% in Q1 2026, and 10.18% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Ternium 106.22 Bn 96.33 Bn 941.02 Mn 11.23%
2 Nucor 55.03 Bn 52.34 Bn 2.03 Bn 15.63%
3 ArcelorMittal 54.04 Bn 49.19 Bn - 5.14%
4 Steel Dynamics 31.61 Bn 31.03 Bn 958.97 Mn 11.22%
5 Reliance 19.53 Bn 19.29 Bn 1.30 Bn 9.28%
6 Cleveland-Cliffs 6.15 Bn 6.08 Bn 132.00 Mn -2.91%
7 Gerdau 5.42 Bn 4.28 Bn 558.98 Mn 11.33%
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 2.68%
10 Worthington Steel 1.70 Bn 1.61 Bn 118.80 Mn -4.81%

Historic Data

Download Data
DateValue
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%