Cleveland-Cliffs (CLF) Price to Earnings (2009 - 2026)
Cleveland-Cliffs' (CLF) quarterly Price to Earnings came in at 36.95 in Q2 2026, down 377.61% year-over-year from 13.31 in Q2 2025, and down 81.67% quarter-over-quarter from 20.34 in Q1 2026.
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Cleveland-Cliffs (CLF) Price to Earnings (2009 - 2026) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Price to Earnings for 18 consecutive years, with 36.95 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Earnings fell 377.61% year-over-year to 36.95 in Q2 2026; TTM through Jun 2026 was 6.12, a 172.47% decrease from a year earlier, with the FY2025 full-year figure at 5.12, up 16.2% from the prior year.
- Price to Earnings was 36.95 for Q2 2026 at Cleveland-Cliffs, down from 20.34 in the prior quarter.
- Over five years, Price to Earnings peaked at 3601.56 in Q2 2024 and troughed at 165.63 in Q1 2023.
- A 5-year average of 174.79 and a median of 15.36 in 2026 frame the typical range for Price to Earnings.
- Across the five-year window, Price to Earnings sank 884.98% in 2023 and soared 14558.92% in 2024, its largest moves.
- Over 5 years, Price to Earnings stood at 38.64 in 2022, then tumbled by 57.86% to 61.0 in 2023, then soared by 82.97% to 10.39 in 2024, then sank by 199.76% to 31.14 in 2025, then dropped by 18.66% to 36.95 in 2026.
- The last three Price to Earnings figures came in at 36.95 (Q2 2026), 20.34 (Q1 2026), and 31.14 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 116.34 Bn | 110.88 Bn | 941.02 Mn |
| 2 | Nucor | 59.22 Bn | 57.68 Bn | 2.03 Bn |
| 3 | Steel Dynamics | 34.76 Bn | 33.98 Bn | 958.97 Mn |
| 4 | Gerdau | 9.98 Bn | 8.94 Bn | 558.98 Mn |
| 5 | Commercial Metals | 7.78 Bn | 7.22 Bn | 455.14 Mn |
| 6 | Cleveland-Cliffs | 7.13 Bn | 7.27 Bn | 132.00 Mn |
| 7 | Posco Holdings | 4.74 Bn | -4.93 Bn | 1.11 Bn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - |
| 9 | National Steel | 1.62 Bn | -1.21 Bn | 579.08 Mn |
| 10 | SunCoke Energy | 876.76 Mn | 861.96 Mn | 100.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.95 |
| Mar 31, 2026 | -20.34 |
| Dec 31, 2025 | -31.14 |
| Sep 30, 2025 | -24.05 |
| Jun 30, 2025 | -7.74 |
| Mar 31, 2025 | -8.16 |
| Dec 31, 2024 | -10.39 |
| Sep 30, 2024 | -24.50 |
| Jun 30, 2024 | 3,601.56 |
| Mar 31, 2024 | -161.38 |
| Dec 31, 2023 | -61.00 |
| Sep 30, 2023 | 29.89 |
| Jun 30, 2023 | 24.57 |
| Mar 31, 2023 | -165.63 |
| Dec 31, 2022 | -38.64 |
| Sep 30, 2022 | 45.66 |
| Jun 30, 2022 | 13.34 |
| Mar 31, 2022 | 21.10 |
| Dec 31, 2021 | 604.91 |
| Sep 30, 2021 | 7.78 |