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Cleveland-Cliffs Inc. (CLF) Gross Margin

Annual Gross Margin:

1.38%-5.60%(-80.23%)
December 31, 2024

Summary

  • As of today, CLF annual gross profit margin is 1.38%, with the most recent change of -5.60% (-80.23%) on December 31, 2024.
  • During the last 3 years, CLF annual gross margin has fallen by -20.50% (-93.69%).
  • CLF annual gross margin is now -95.63% below its all-time high of 31.55%, reached on December 31, 1989.

Performance

1-Year Change

-80.23%

3-Year Change

-93.69%

5-Year Change

-95.21%

15-Year Change

-93.09%

CLF Gross Margin Chart

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Highlights

Sector Percentile

11.16%
CLF annual gross profit margin is higher than 11.16% of companies in Basic Materials sector

Range

All-Time High

31.55%
CLF annual gross profit margin is currently -95.63% below its historical high of 31.55%

3-Year Low

1.38%
CLF annual gross profit margin is currently at its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2024
CLF previous annual earnings announcement was published on Dec 31, 2024

Next Annual Earnings Report Date

N/A
CLF next annual earnings announcement has not yet been scheduled

OtherCLFprofitability metrics

Annual Revenue

$19.18B
CLF annual revenue is $19.18 billion

Annual Gross Profit

$265.00M
CLF annual gross profit is $265.00 million

Annual Operating Margin

-100.23%
CLF annual operating profit margin is -100.23%

Annual Net Margin

-3.69%
CLF annual net profit margin is -3.69%

Quarterly Gross Margin:

-3.55%+4.21%(+54.25%)
June 30, 2025

Summary

  • As of today, CLF quarterly gross profit margin is -3.55%, with the most recent change of +4.21% (+54.25%) on June 30, 2025.
  • Over the past year, CLF quarterly gross margin has dropped by -7.93% (-181.05%).
  • CLF quarterly gross margin is now -107.02% below its all-time high of 50.54%, reached on June 30, 2018.

Performance

3-Month Change

+54.25%

1-Year Change

-181.05%

3-Year Change

-123.95%

5-Year Change

+75.72%

CLF Quarterly Gross Margin Chart

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Highlights

Sector Percentile

11.48%
CLF quarterly gross profit margin is higher than 11.48% of companies in Basic Materials sector

Range

All-Time High

50.54%
CLF quarterly gross profit margin is currently -107.02% below its historical high of 50.54%

3-Year Low

-7.76%
CLF quarterly gross profit margin is currently +54.25% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Jun 30, 2025
CLF previous earnings announcement was published on Jun 30, 2025

Next Quarterly Earnings Report Date

Oct 20, 2025
CLF next earnings announcement is scheduled for Oct 20, 2025

OtherCLFprofitability metrics

Quarterly Revenue

$4.93B
CLF quarterly revenue is $4.93 billion

Quarterly Gross Profit

-$175.00M
CLF quarterly gross profit is -$175.00 million

Quarterly Operating Margin

-6.87%
CLF quarterly operating profit margin is -6.87%

Quarterly Net Margin

-9.53%
CLF quarterly net profit margin is -9.53%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

1.38%
CLF annual gross profit margin is 1.38%

Annual Gross Profit

$265.00M
CLF annual gross profit is $265.00 million

Annual Revenue

$19.18B
CLF annual revenue is $19.18 billion

CLF Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1Y1 Year-80.2%-181.1%
3Y3 Years-93.7%-124.0%
5Y5 Years-95.2%+75.7%

CLF Gross Margin Highs & Lows

PeriodPeriodAnnual vs HighAnnual vs HighAnnual vs LowAnnual vs LowQuarter. vs HighQuarter. vs HighQuarter. vs LowQuarter. vs Low
3Y3-Year-93.7%at low-130.4%+54.3%
5Y5-Year-95.2%at low-112.1%+54.3%
All-TimeAll-Time-95.6%+110.8%-107.0%+85.8%

CLF Gross Margin History

DateAnnualQuarterly
Jun 2025
-
-3.55%(+54.3%)
Mar 2025
-
-7.76%(-42.1%)
Dec 2024
1.38%(-80.2%)
-5.46%(-279.2%)
Sep 2024
-
-1.44%(-132.9%)
Jun 2024
-
4.38%(-33.8%)
Mar 2024
-
6.62%(+54.7%)
Dec 2023
6.98%(-29.1%)
4.28%(-55.8%)
Sep 2023
-
9.69%(-17.0%)
Jun 2023
-
11.68%(+734.3%)
Mar 2023
-
1.40%(+144.7%)
Dec 2022
9.84%(-55.0%)
-3.13%(-164.5%)
Sep 2022
-
4.85%(-67.3%)
Jun 2022
-
14.82%(-26.9%)
Mar 2022
-
20.27%(-11.9%)
Dec 2021
21.88%(+213.5%)
23.01%(-21.5%)
Sep 2021
-
29.30%(+24.4%)
Jun 2021
-
23.55%(+268.5%)
Mar 2021
-
6.39%(-13.9%)
Dec 2020
6.98%(-75.8%)
7.42%(+31.3%)
Sep 2020
-
5.65%(+138.6%)
Jun 2020
-
-14.62%(-250.4%)
Mar 2020
-
9.72%(-66.1%)
Dec 2019
28.79%(+41.5%)
28.70%(-13.1%)
Sep 2019
-
33.03%(+17.2%)
Jun 2019
-
28.19%(+66.2%)
Mar 2019
-
16.96%(-9.4%)
Dec 2018
20.35%(+2.0%)
18.71%(-9.9%)
Sep 2018
-
20.76%(-58.9%)
Jun 2018
-
50.54%(+291.2%)
Mar 2018
-
12.92%(-35.1%)
Dec 2017
19.96%(+35.8%)
19.92%(-6.7%)
Sep 2017
-
21.36%(-38.9%)
Jun 2017
-
34.95%(+135.7%)
Mar 2017
-
14.83%(+10.7%)
Dec 2016
14.70%(+17.1%)
13.40%(-1.6%)
Sep 2016
-
13.62%(-7.8%)
Jun 2016
-
14.78%(+39.7%)
Mar 2016
-
10.58%(-36.5%)
Dec 2015
12.55%(+70.3%)
16.65%(+128.1%)
Sep 2015
-
7.30%(-43.8%)
Jun 2015
-
12.98%(-33.6%)
Mar 2015
-
19.55%(+60.4%)
Dec 2014
7.37%(-57.8%)
12.19%(+138.1%)
Sep 2014
-
5.12%(-30.9%)
Jun 2014
-
7.41%(+21.5%)
Mar 2014
-
6.10%(-70.6%)
Dec 2013
17.46%(+17.3%)
20.72%(+27.7%)
Sep 2013
-
16.23%(-4.2%)
Jun 2013
-
16.94%(-3.5%)
Mar 2013
-
17.55%(+86.3%)
Dec 2012
14.89%(-46.6%)
9.42%(+17.5%)
Sep 2012
-
8.02%(-57.4%)
Jun 2012
-
18.84%(-4.2%)
Mar 2012
-
19.67%(+21.9%)
Dec 2011
27.86%(+133.3%)
16.14%(-48.0%)
Sep 2011
-
31.06%(+22.1%)
Jun 2011
-
25.43%(-46.7%)
Mar 2011
-
47.70%(+47.5%)
Dec 2010
11.94%(+41.1%)
32.33%(+60.8%)
Sep 2010
-
20.11%(+657.1%)
Jun 2010
-
-3.61%(-154.9%)
Mar 2010
-
6.58%(-60.6%)
Dec 2009
8.46%(-65.6%)
16.71%(+107.3%)
Sep 2009
-
8.06%(+361.7%)
Jun 2009
-
-3.08%(-161.1%)
Mar 2009
-
5.04%(-84.6%)
Dec 2008
24.60%(+21.0%)
32.71%(+29.1%)
Sep 2008
-
25.34%(+6.7%)
Jun 2008
-
23.75%(+507.4%)
Mar 2008
-
3.91%(-81.1%)
Dec 2007
20.33%(-5.6%)
20.73%(+19.3%)
Sep 2007
-
17.37%(-26.8%)
Jun 2007
-
23.72%(+22.8%)
Mar 2007
-
19.31%(+0.8%)
Dec 2006
21.54%
19.15%(-16.2%)
Sep 2006
-
22.84%(-13.7%)
DateAnnualQuarterly
Jun 2006
-
26.47%(+46.4%)
Mar 2006
-
18.08%(+8.7%)
Dec 2005
22.36%(+79.9%)
16.63%(-34.4%)
Sep 2005
-
25.36%(-10.1%)
Jun 2005
-
28.21%(+78.2%)
Mar 2005
-
15.83%(+8.2%)
Dec 2004
12.43%(+8186.7%)
14.63%(-13.7%)
Sep 2004
-
16.95%(+35.6%)
Jun 2004
-
12.50%(+316.7%)
Mar 2004
-
3.00%(-6.8%)
Dec 2003
0.15%(-96.9%)
3.22%(-40.8%)
Sep 2003
-
5.44%(+172.9%)
Jun 2003
-
-7.46%(-578.2%)
Mar 2003
-
1.56%(-85.7%)
Dec 2002
4.83%(+227.1%)
10.88%(+212.2%)
Sep 2002
-
-9.70%(-1.6%)
Jun 2002
-
-9.55%(+61.9%)
Mar 2002
-
-25.04%(-215.8%)
Dec 2001
-3.80%(-153.4%)
-7.93%(+22.4%)
Sep 2001
-
-10.22%(+54.1%)
Jun 2001
-
-22.29%(-5.1%)
Mar 2001
-
-21.21%(-356.5%)
Dec 2000
7.11%(-28.5%)
8.27%(+15.8%)
Sep 2000
-
7.14%(-29.7%)
Jun 2000
-
10.15%(+208.1%)
Mar 2000
-
-9.39%(-141.4%)
Dec 1999
9.94%(-48.8%)
22.70%(+235.1%)
Sep 1999
-
-16.80%(-222.7%)
Jun 1999
-
13.69%(-29.1%)
Mar 1999
-
19.30%(-12.7%)
Dec 1998
19.40%(+0.9%)
22.10%(+16.3%)
Sep 1998
-
19.01%(+2.7%)
Jun 1998
-
18.51%(+19.8%)
Mar 1998
-
15.45%(+33.8%)
Dec 1997
19.23%(-12.3%)
11.55%(+3.9%)
Sep 1997
-
11.12%(+72.9%)
Jun 1997
-
6.43%(+363.5%)
Mar 1997
-
-2.44%(-117.2%)
Dec 1996
21.92%(-3.2%)
14.22%(-4.3%)
Sep 1996
-
14.86%(+9.3%)
Jun 1996
-
13.59%(+441.4%)
Mar 1996
-
2.51%(-84.4%)
Dec 1995
22.64%(+7.9%)
16.06%(+7.4%)
Sep 1995
-
14.95%(+14.4%)
Jun 1995
-
13.07%(+347.6%)
Mar 1995
-
2.92%(-89.5%)
Dec 1994
20.98%(+17.4%)
27.80%(+11.0%)
Sep 1994
-
25.05%(-8.8%)
Jun 1994
-
27.46%(+3.0%)
Mar 1994
-
26.67%(+0.2%)
Dec 1993
17.87%(-20.2%)
26.62%(-0.3%)
Sep 1993
-
26.71%(+0.3%)
Jun 1993
-
26.63%(+57.1%)
Mar 1993
-
16.95%(-32.9%)
Dec 1992
22.40%(+14.5%)
25.25%(+3.9%)
Sep 1992
-
24.31%(-21.7%)
Jun 1992
-
31.04%(+14.1%)
Mar 1992
-
27.20%(-5.6%)
Dec 1991
19.57%(+33.6%)
28.82%(+16.4%)
Sep 1991
-
24.77%(-5.2%)
Jun 1991
-
26.12%(+61.8%)
Mar 1991
-
16.14%(+349.1%)
Dec 1990
14.65%(-53.6%)
-6.48%(-141.3%)
Sep 1990
-
15.68%(-53.5%)
Jun 1990
-
33.71%(+6.1%)
Mar 1990
-
31.76%
Dec 1989
31.55%(+32.0%)
-
Dec 1988
23.90%(+177.3%)
-
Dec 1987
8.62%(+167.4%)
-
Dec 1986
-12.78%(-218.1%)
-
Dec 1985
10.82%(-22.2%)
-
Dec 1984
13.91%(+5051.9%)
-
Dec 1983
0.27%(+115.0%)
-
Dec 1982
-1.80%(-107.7%)
-
Dec 1981
23.47%(+18.1%)
-
Dec 1980
19.88%
-

FAQ

  • What is Cleveland-Cliffs Inc. annual gross profit margin?
  • What is the all-time high annual gross margin for Cleveland-Cliffs Inc.?
  • What is Cleveland-Cliffs Inc. annual gross margin year-on-year change?
  • What is Cleveland-Cliffs Inc. quarterly gross profit margin?
  • What is the all-time high quarterly gross margin for Cleveland-Cliffs Inc.?
  • What is Cleveland-Cliffs Inc. quarterly gross margin year-on-year change?

What is Cleveland-Cliffs Inc. annual gross profit margin?

The current annual gross margin of CLF is 1.38%

What is the all-time high annual gross margin for Cleveland-Cliffs Inc.?

Cleveland-Cliffs Inc. all-time high annual gross profit margin is 31.55%

What is Cleveland-Cliffs Inc. annual gross margin year-on-year change?

Over the past year, CLF annual gross profit margin has changed by -5.60% (-80.23%)

What is Cleveland-Cliffs Inc. quarterly gross profit margin?

The current quarterly gross margin of CLF is -3.55%

What is the all-time high quarterly gross margin for Cleveland-Cliffs Inc.?

Cleveland-Cliffs Inc. all-time high quarterly gross profit margin is 50.54%

What is Cleveland-Cliffs Inc. quarterly gross margin year-on-year change?

Over the past year, CLF quarterly gross profit margin has changed by -7.93% (-181.05%)
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