Cleveland-Cliffs (CLF) Return on Sales [ROS] (2009 - 2026)
Cleveland-Cliffs (CLF) recorded Return on Sales [ROS] of 5.54% in Q3 2026, up 9.85 percentage points from -4.31% a year earlier and up 6.48 percentage points from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
On a TTM basis, Cleveland-Cliffs' Return on Sales [ROS] came in at -1.40% as of Sep 30, 2026, up 7.79 percentage points year-over-year; for FY2025, it was -8.48%, down 4.51 percentage points from FY2024.
- Annual Return on Sales [ROS] has declined for four straight years, with a five-year change of -5.83 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at -3.98% in FY2024 (-6.97 pp), 3.00% in FY2023 (-5.44 pp), 8.43% in FY2022 (-11.19 pp) and 19.62% in FY2021 (+22.28 pp).
- The Q3 2026 figure is the highest quarterly Return on Sales [ROS] since Q3 2023.
- On a year-over-year basis, Return on Sales [ROS] has increased for five consecutive quarters, with an average year-over-year change of +0.15 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 16.19 percentage points in Q4 2021, against a drop of 24.54 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.94% (Q2 2026), -4.33% (Q1 2026) and -7.67% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 16.60% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 59.94% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 16.03% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 12.44% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 56.01% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 31.18% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 54.41% |
| 10 | Cleveland-Cliffs | 7.33 Bn | 7.36 Bn | 465.00 Mn | 5.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.54% |
| Jun 30, 2026 | -0.94% |
| Mar 31, 2026 | -4.33% |
| Dec 31, 2025 | -7.67% |
| Sep 30, 2025 | -4.31% |
| Jun 30, 2025 | -10.15% |
| Mar 31, 2025 | -11.73% |
| Dec 31, 2024 | -10.75% |
| Sep 30, 2024 | -5.71% |
| Jun 30, 2024 | 0.12% |
| Mar 31, 2024 | -0.73% |
| Dec 31, 2023 | -2.31% |
| Sep 30, 2023 | 5.80% |
| Jun 30, 2023 | 8.07% |
| Mar 31, 2023 | -0.59% |
| Dec 31, 2022 | -3.61% |
| Sep 30, 2022 | 3.31% |
| Jun 30, 2022 | 13.26% |
| Mar 31, 2022 | 18.37% |
| Dec 31, 2021 | 20.93% |
API Access
Cleveland-Cliffs Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();