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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Cleveland-Cliffs (CLF) Operating Margin (2016 - 2026)

Cleveland-Cliffs (CLF) has disclosed Operating Margin for 18 consecutive years, with 4.33% as the latest value for Q1 2026.

  • For Q1 2026, Operating Margin rose 740.0% year-over-year to 4.33%; the TTM value through Mar 2026 reached 6.59%, up 19.0%, while the annual FY2025 figure was 8.48%, 451.0% down from the prior year.
  • Operating Margin was 4.33% for Q1 2026 at Cleveland-Cliffs, up from 7.67% in the prior quarter.
  • The five-year high for Operating Margin was 18.37% in Q1 2022, with the low at 11.73% in Q1 2025.
  • Historically, Operating Margin has averaged 0.76% across 5 years, with a median of 2.31% in 2023.
  • Biggest YoY gain for Operating Margin was 1400bps in 2022; the steepest drop was -73498bps in 2022.
  • Over 5 years, Operating Margin stood at 3.61% in 2022, then surged by 36bps to 2.31% in 2023, then crashed by -366bps to 10.75% in 2024, then increased by 29bps to 7.67% in 2025, then surged by 44bps to 4.33% in 2026.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 4.33% in Q1 2026, 7.67% in Q4 2025, and 4.31% in Q3 2025.