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

Cleveland-Cliffs (CLF) has reported Gross Margin for 18 consecutive years, with 2.53% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 682.0% year-over-year to 2.53% in Q2 2026; TTM through Jun 2026 was 1.05%, a 430.0% increase from a year earlier, with the FY2025 full-year figure at 4.62%, down 495.0% from the prior year.
• Gross Margin was 2.53% for Q2 2026 at Cleveland-Cliffs, up from 1.67% in the prior quarter.
• Over five years, Gross Margin peaked at 20.97% in Q1 2022 and troughed at 8.55% in Q1 2025.
• A 5-year average of 2.66% and a median of 2.2% in 2026 frame the typical range for Gross Margin.
• The widest YoY moves for Gross Margin: up 256025 bps in 2022, down 2341 bps in 2022.
• Over 5 years, Gross Margin stood at 1.19% in 2022, then surged by 347 bps to 2.93% in 2023, then slumped by 315 bps to 6.31% in 2024, then grew by 24 bps to 4.78% in 2025, then surged by 153 bps to 2.53% in 2026.
• The last three Gross Margin figures came in at 2.53% (Q2 2026), 1.67% (Q1 2026), and 4.78% (Q4 2025), per Business Quant data.