Cleveland-Cliffs (CLF) FCF Margin (2009 - 2026)
Cleveland-Cliffs (CLF) posted quarterly FCF Margin of 4.32% for Q2 2026, up 341.0% year-over-year from 0.98% in Q2 2025, and up 144.62% quarter-over-quarter from 9.69% in Q1 2026.
Cleveland-Cliffs (CLF) FCF Margin (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported FCF Margin for 18 consecutive years, with 4.32% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin rose 341.0% year-over-year to 4.32%; the TTM figure through Jun 2026 stood at 3.67% (up 376.0% YoY), while the FY2025 annual figure was 5.5%, down 242.0% from the prior year.
- FCF Margin climbed to 4.32% in Q2 2026 per CLF's latest filing, from 9.69% in the prior quarter.
- Across five years, FCF Margin topped out at 14.71% in Q2 2023 and bottomed at 15.65% in Q4 2024.
- Historically, FCF Margin has averaged 1.07% across 5 years, with a median of 2.62% in 2025.
- On a YoY basis, FCF Margin climbed as much as 1771 bps in 2022 and fell as far as 58631 bps in 2022.
- Cleveland-Cliffs' FCF Margin stood at 5.19% in 2022, then surged by 83 bps to 9.53% in 2023, then plunged by 264 bps to 15.65% in 2024, then jumped by 77 bps to 3.55% in 2025, then jumped by 222 bps to 4.32% in 2026.
- Business Quant data shows CLF's FCF Margin at 4.32% in Q2 2026, 9.69% in Q1 2026, and 3.55% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.77 Bn | 98.88 Bn | 941.02 Mn | 15.83% |
| 2 | Nucor | 55.30 Bn | 52.61 Bn | 2.03 Bn | 7.97% |
| 3 | ArcelorMittal | 54.94 Bn | 50.10 Bn | - | 12.31% |
| 4 | Steel Dynamics | 32.63 Bn | 32.05 Bn | 958.97 Mn | 4.99% |
| 5 | Reliance | 19.66 Bn | 19.42 Bn | 1.30 Bn | 1.49% |
| 6 | Cleveland-Cliffs | 6.41 Bn | 6.34 Bn | 132.00 Mn | 4.32% |
| 7 | Gerdau | 5.41 Bn | 4.27 Bn | 558.98 Mn | 14.54% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.33 Bn | 1.84 Bn | 1.04 Bn | 0.26% |
| 10 | Worthington Steel | 1.74 Bn | 1.65 Bn | 118.80 Mn | 0.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.32% |
| Mar 31, 2026 | -9.69% |
| Dec 31, 2025 | -3.55% |
| Sep 30, 2025 | -6.34% |
| Jun 30, 2025 | 0.91% |
| Mar 31, 2025 | -10.87% |
| Dec 31, 2024 | -15.65% |
| Sep 30, 2024 | -5.14% |
| Jun 30, 2024 | 10.04% |
| Mar 31, 2024 | -0.77% |
| Dec 31, 2023 | 9.53% |
| Sep 30, 2023 | 10.79% |
| Jun 30, 2023 | 14.71% |
| Mar 31, 2023 | -4.29% |
| Dec 31, 2022 | 5.19% |
| Sep 30, 2022 | 5.09% |
| Jun 30, 2022 | 9.99% |
| Mar 31, 2022 | 4.99% |
| Dec 31, 2021 | 591.50% |
| Sep 30, 2021 | 22.34% |