What is the current annual net margin of CLF?

As of today, CLF annual net margin is -3.69%

What is 1-year change in CLF annual net margin?

CLF annual net margin is down -280.88% year-over-year

What is 3-year change in CLF annual net margin?

CLF annual net margin is down -124.90% over the past 3 years

How far is CLF annual net margin from its all-time high?

CLF annual net margin is currently -106.78% below its historical high of 54.45% set on December 31, 2018

How does CLF annual net margin rank versus sector peers?

CLF annual net margin is higher than 34.06% of companies in Basic Materials sector

When is CLF next annual earnings release?

The next annual earnings release for CLF is on January 28, 2026

What is the current quarterly net margin of CLF?

As of today, CLF quarterly net margin is -4.88%

What is CLF quarterly net margin most recent change?

CLF quarterly net margin was up +48.79% on September 30, 2025

What is 1-year change in CLF quarterly net margin?

CLF quarterly net margin is up +2.98% year-over-year

How far is CLF quarterly net margin from its all-time high?

CLF quarterly net margin is currently -106.32% below its historical high of 77.16% set on December 31, 1990

How does CLF quarterly net margin rank versus sector peers?

CLF quarterly net margin is higher than 29.70% of companies in Basic Materials sector

When is CLF next earnings release?

The next earnings release for CLF is on January 28, 2026

CLF Net Margin History & Chart Since 1980

Annual Net Margin

-3.69%5.73%-280.88%

December 31, 2024

Summary

Current Value: As of today, CLF annual net margin is -3.69%, down -280.88% on December 31, 2024
Historical Performance: CLF annual net margin is down -124.90% over the past 3 years, and down -124.83% over the past 5 years
All-Time High Comparison: CLF annual net margin is currently -106.78% below its historical high of 54.45% set on December 31, 2018
3-Year Low Comparison: CLF annual net margin is at its 3-year low
Sector Comparison: CLF annual net margin is higher than 34.06% of companies in Basic Materials sector

Net Margin Chart

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Series

Performance

CLF Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 24	-3.69%	-280.9%	-124.9%	-124.8%	-140.1%
Quarterly Net Margin	Sep 30, 25	-4.88%	+3.0%	-267.1%	-3585.7%	-117.9%
Price	Jan 16, 26	$14.00	+34.4%	-33.1%	-15.1%	-84.2%
PE Ratio	Jan 16, 26	-	–	–	–	–
Annual Revenue	Dec 31, 24	$19.19B	-12.8%	-6.2%	+867.8%	+763.8%
Annual Net Income	Dec 31, 24	-$708.00M	-257.7%	-123.4%	-340.4%	-446.6%
Annual Gross Margin	Dec 31, 24	1.38%	-80.2%	-93.7%	-95.2%	-83.7%
Annual Operating Margin	Dec 31, 24	-100.23%	-12.7%	-73.5%	-101.2%	-13.2%

Net Margin Highs

CLF Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	5.97%	N/A	-161.8%
5Y	14.82%	Dec 31, 21	-124.9%
All	54.45%	Dec 31, 18	-106.8%

Net Margin Lows

CLF Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	-3.69%	Dec 31, 24	at low
5Y	-3.69%	Dec 31, 24	at low
All	-186.08%	Dec 31, 14	+98.0%

Net Margin History

Year	Value	Change
2024	-3.69%	-280.9%
2023	2.04%	-65.8%
2022	5.97%	-59.7%
2021	14.82%	+1,043.9%
2020	-1.57%	-110.6%
2019	14.86%	-72.7%
2018	54.45%	+163.6%
2017	20.66%	+90.2%
2016	10.86%	+53.2%
2015	7.09%	+103.8%
2014	-186.08%	-2,976.0%
2013	6.47%	+131.7%
2012	-20.42%	-164.7%
2011	31.55%	+11.0%
2010	28.43%	+209.0%
2009	9.20%	-44.3%
2008	16.53%	+31.8%
2007	12.54%	-18.8%
2006	15.45%	-5.2%
2005	16.29%	-38.8%
2004	26.61%	+729.1%
2003	-4.23%	+74.9%
2002	-16.87%	-69.0%

Year	Value	Change
2001	-9.98%	-337.1%
2000	4.21%	+209.6%
1999	1.36%	-88.3%
1998	11.62%	-7.1%
1997	12.51%	+3.2%
1996	12.12%	-8.3%
1995	13.22%	+17.2%
1994	11.28%	-36.4%
1993	17.74%	+79.0%
1992	9.91%	-41.5%
1991	16.95%	-28.8%
1990	23.81%	+33.5%
1989	17.83%	+56.8%
1988	11.37%	+34.9%
1987	8.43%	+153.9%
1986	-15.63%	-353.7%
1985	6.16%	-16.2%
1984	7.35%	+149.9%
1983	-14.73%	-31.3%
1982	-11.22%	-199.6%
1981	11.27%	-15.3%
1980	13.31%	-

FAQ

What is the current annual net margin of CLF?
As of today, CLF annual net margin is -3.69%
What is 1-year change in CLF annual net margin?
CLF annual net margin is down -280.88% year-over-year
What is 3-year change in CLF annual net margin?
CLF annual net margin is down -124.90% over the past 3 years
How far is CLF annual net margin from its all-time high?
CLF annual net margin is currently -106.78% below its historical high of 54.45% set on December 31, 2018
How does CLF annual net margin rank versus sector peers?
CLF annual net margin is higher than 34.06% of companies in Basic Materials sector
When is CLF next annual earnings release?
The next annual earnings release for CLF is on January 28, 2026

Quarterly Net Margin

-4.88%4.65%+48.79%

September 30, 2025

Summary

Current Value: As of today, CLF quarterly net margin is -4.88%, up +48.79% on September 30, 2025
Historical Performance: CLF quarterly net margin is up +2.98% year-over-year, and down -267.12% over the past 3 years
All-Time High Comparison: CLF quarterly net margin is currently -106.32% below its historical high of 77.16% set on December 31, 1990
3-Year Low Comparison: CLF quarterly net margin is +53.21% above its 3-year low of -10.43% reached on March 31, 2025
Sector Comparison: CLF quarterly net margin is higher than 29.70% of companies in Basic Materials sector

Performance

CLF Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 25	-4.88%	+48.8%	+3.0%	-267.1%	-3585.7%
Annual Net Margin	Dec 31, 24	-3.69%	–	-280.9%	-124.9%	-124.8%
Price	Jan 16, 26	$14.00	+3.2%	+34.4%	-33.1%	-15.1%
PE Ratio	Jan 16, 26	-	–	–	–	–
Quarterly Revenue	Sep 30, 25	$4.73B	-4.0%	+3.6%	-16.3%	+192.8%
Quarterly Net Income	Sep 30, 25	-$231.00M	+50.9%	-0.4%	-240.0%	-10000.0%
Quarterly Gross Margin	Sep 30, 25	-0.63%	+82.3%	+56.3%	-113.0%	-111.2%
Quarterly Operating Margin	Sep 30, 25	-3.91%	+43.1%	+12.9%	-292.6%	-300.5%

Quarterly Net Margin Highs

CLF Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	-4.88%	Sep 30, 25	at high
3Y	5.95%	Jun 30, 23	-182.0%
5Y	21.34%	Sep 30, 21	-122.9%
All	77.16%	Dec 31, 90	-106.3%

Quarterly Net Margin Lows

CLF Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	-10.43%	Mar 31, 25	+53.2%
3Y	-10.43%	Mar 31, 25	+53.2%
5Y	-10.43%	Mar 31, 25	+53.2%
All	-557.44%	Sep 30, 14	+99.1%

Quarterly Net Margin History

Month	Value	Change
Sep 2025	-4.88%	+48.8%
Jun 2025	-9.53%	+8.6%
Mar 2025	-10.43%	-4.0%
Dec 2024	-10.03%	-99.4%
Sep 2024	-5.03%	-2,894.4%
Jun 2024	0.18%	+117.6%
Mar 2024	-1.02%	+62.2%
Dec 2023	-2.70%	-155.2%
Sep 2023	4.89%	-17.8%
Jun 2023	5.95%	+834.6%
Mar 2023	-0.81%	+80.0%
Dec 2022	-4.06%	-239.0%
Sep 2022	2.92%	-69.2%
Jun 2022	9.47%	-30.6%
Mar 2022	13.65%	-18.8%
Dec 2021	16.80%	-21.3%
Sep 2021	21.34%	+35.6%
Jun 2021	15.74%	+1,008.5%
Mar 2021	1.42%	-57.6%
Dec 2020	3.35%	+2,292.9%
Sep 2020	0.14%	+101.4%
Jun 2020	-10.24%	+19.7%
Mar 2020	-12.75%	-214.7%
Dec 2019	11.12%	-27.7%
Sep 2019	15.39%	-36.3%
Jun 2019	24.15%	+265.5%
Mar 2019	-14.59%	-144.2%
Sep 2018	32.98%	+24.9%
Jun 2018	26.40%	+368.3%
Mar 2018	-9.84%	-114.6%
Dec 2017	67.40%	+1,585.0%
Sep 2017	4.00%	-76.0%
Jun 2017	16.69%	+335.7%
Mar 2017	-7.08%	-146.9%
Dec 2016	15.09%	+425.9%
Sep 2016	-4.63%	-173.5%
Jun 2016	6.30%	-83.1%
Mar 2016	37.22%	+654.7%
Dec 2015	-6.71%	-178.0%
Sep 2015	8.60%	+214.1%
Jun 2015	-7.54%	-120.7%
Mar 2015	36.39%	+132.2%
Dec 2014	-112.87%	+79.8%
Sep 2014	-557.44%	>-9,900.0%
Jun 2014	1.34%	+117.7%
Mar 2014	-7.59%	-716.1%
Dec 2013	-0.93%	-112.1%
Sep 2013	7.69%	-19.2%
Jun 2013	9.52%	-11.6%
Mar 2013	10.77%	+108.4%
Dec 2012	-127.90%	-2,490.7%
Sep 2012	5.35%	-71.0%
Jun 2012	18.47%	-42.5%
Mar 2012	32.11%	+106.2%
Dec 2011	15.57%	-61.1%
Sep 2011	40.05%	+37.8%
Jun 2011	29.06%	-21.9%
Mar 2011	37.20%	+31.7%
Dec 2010	28.25%	+3.4%
Sep 2010	27.32%	-22.1%
Jun 2010	35.08%	+132.0%
Mar 2010	15.12%	+8.4%
Dec 2009	13.95%	+45.8%
Sep 2009	9.57%	-17.4%
Jun 2009	11.59%	+777.8%
Mar 2009	-1.71%	-134.8%
Dec 2008	4.91%	-69.6%
Sep 2008	16.16%	-57.8%
Jun 2008	38.31%	+805.7%
Mar 2008	4.23%	-65.7%
Dec 2007	12.34%	+26.3%
Sep 2007	9.77%	-41.4%
Jun 2007	16.68%	+47.3%
Mar 2007	11.32%	-20.7%
Dec 2006	14.28%	-11.3%
Sep 2006	16.10%	-11.2%
Jun 2006	18.14%	+38.6%
Mar 2006	13.09%	-10.4%
Dec 2005	14.61%	-16.7%
Sep 2005	17.53%	-18.1%
Jun 2005	21.41%	+185.1%
Mar 2005	7.51%	-88.0%
Dec 2004	62.49%	+162.0%

Month	Value	Change
Sep 2004	23.85%	+117.0%
Jun 2004	10.99%	+4,496.0%
Mar 2004	-0.25%	+94.4%
Dec 2003	-4.47%	-115.9%
Sep 2003	-2.07%	+79.6%
Jun 2003	-10.13%	-808.4%
Mar 2003	1.43%	+102.1%
Dec 2002	-68.83%	-82.5%
Sep 2002	-37.72%	>-9,900.0%
Jun 2002	0.00%	+100.0%
Mar 2002	-21.49%	-274.4%
Dec 2001	-5.74%	-149.6%
Sep 2001	-2.30%	+83.7%
Jun 2001	-14.14%	+50.0%
Mar 2001	-28.28%	-894.4%
Dec 2000	3.56%	-18.5%
Sep 2000	4.37%	-47.5%
Jun 2000	8.33%	+178.5%
Mar 2000	-10.61%	-406.6%
Dec 1999	3.46%	+129.3%
Sep 1999	-11.82%	-246.1%
Jun 1999	8.09%	-31.7%
Mar 1999	11.84%	-23.6%
Dec 1998	15.49%	+33.8%
Sep 1998	11.58%	+6.9%
Jun 1998	10.83%	+673.6%
Mar 1998	1.40%	-89.4%
Dec 1997	13.25%	-16.4%
Sep 1997	15.85%	+26.2%
Jun 1997	12.56%	-14.1%
Mar 1997	14.63%	-47.2%
Dec 1996	27.69%	+93.4%
Sep 1996	14.32%	-1.1%
Jun 1996	14.48%	+92.6%
Mar 1996	7.52%	-45.0%
Dec 1995	13.67%	+0.4%
Sep 1995	13.61%	-32.7%
Jun 1995	20.23%	+107.5%
Mar 1995	9.75%	-5.1%
Dec 1994	10.27%	-25.5%
Sep 1994	13.78%	+10.5%
Jun 1994	12.47%	+180.9%
Mar 1994	4.44%	-67.2%
Dec 1993	13.55%	+64.8%
Sep 1993	8.22%	-79.3%
Jun 1993	39.65%	>+9,900.0%
Mar 1993	-0.25%	+99.6%
Dec 1992	-58.35%	-500.5%
Sep 1992	14.57%	+8.7%
Jun 1992	13.41%	+24.2%
Mar 1992	10.80%	-23.1%
Dec 1991	14.04%	+5.0%
Sep 1991	13.37%	-1.3%
Jun 1991	13.54%	-57.8%
Mar 1991	32.11%	-58.4%
Dec 1990	77.16%	+1,669.7%
Sep 1990	4.36%	-72.4%
Jun 1990	15.79%	+70.9%
Mar 1990	9.24%	-31.8%
Dec 1989	13.54%	-24.7%
Sep 1989	17.99%	+16.4%
Jun 1989	15.46%	+0.1%
Mar 1989	15.45%	+155.0%
Dec 1988	6.06%	-54.9%
Sep 1988	13.45%	+16.9%
Jun 1988	11.51%	+32.0%
Mar 1988	8.72%	+9,588.9%
Sep 1987	0.09%	+100.6%
Jun 1987	-16.31%	-131.7%
Mar 1987	-7.04%	+84.4%
Dec 1986	-45.23%	-151.1%
Sep 1986	-18.01%	-266.8%
Jun 1986	-4.91%	-152.1%
Mar 1986	9.42%	+166.9%
Dec 1985	3.53%	-61.5%
Sep 1985	9.18%	+0.7%
Jun 1985	9.12%	+418.2%
Mar 1985	1.76%	-58.9%
Dec 1984	4.28%	-61.0%
Sep 1984	10.97%	+6.7%
Jun 1984	10.28%	+3,444.8%
Mar 1984	0.29%	-

FAQ

What is the current quarterly net margin of CLF?
As of today, CLF quarterly net margin is -4.88%
What is CLF quarterly net margin most recent change?
CLF quarterly net margin was up +48.79% on September 30, 2025
What is 1-year change in CLF quarterly net margin?
CLF quarterly net margin is up +2.98% year-over-year
How far is CLF quarterly net margin from its all-time high?
CLF quarterly net margin is currently -106.32% below its historical high of 77.16% set on December 31, 1990
How does CLF quarterly net margin rank versus sector peers?
CLF quarterly net margin is higher than 29.70% of companies in Basic Materials sector
When is CLF next earnings release?
The next earnings release for CLF is on January 28, 2026

Net Margin Formula

Net Margin =

× 100%

Data Sources & References

CLF Official Website www.clevelandcliffs.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/764065/000076406525000149/0000764065-25-000149-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/764065/000076406525000058/0000764065-25-000058-index.htm
CLF Profile on Yahoo Finance finance.yahoo.com/quote/CLF
CLF Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/clf