Cleveland-Cliffs (CLF) Return on Capital Employed (2009 - 2026)

Cleveland-Cliffs (CLF) has 18 years of Return on Capital Employed data on file, last reported at 7.44% in Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 7.44%, down 28.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.44% (down 28.0% YoY), and the FY2025 annual result was 9.19%, down 439.0% from the prior year.
• Return on Capital Employed grew to 7.44% in Q1 2026 per CLF's latest filing, from 9.35% in the prior quarter.
• Over five years, Return on Capital Employed peaked at 31.55% in Q1 2022 and troughed at 10.17% in Q2 2025.
• A 5-year average of 3.78% and a median of 3.03% in 2023 frame the typical range for Return on Capital Employed.
• The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 3074 bps in 2022, then tumbled 2651 bps in 2023.
• A 5-year view of Return on Capital Employed shows it stood at 12.37% in 2022, then sank by 63 bps to 4.61% in 2023, then sank by 206 bps to 4.89% in 2024, then slumped by 91 bps to 9.35% in 2025, then rose by 20 bps to 7.44% in 2026.
• Business Quant data shows CLF's Return on Capital Employed at 7.44% in Q1 2026, 9.35% in Q4 2025, and 10.0% in Q3 2025.