Cleveland-Cliffs Profit Margin 2010-2024 | CLF
Current and historical gross margin, operating margin and net profit margin for Cleveland-Cliffs (CLF) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Cleveland-Cliffs net profit margin as of December 31, 2024 is -3.93%.
| Cleveland-Cliffs Annual Profit Margins |
| Cleveland-Cliffs Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Basic Materials |
STEEL-PRODUCERS |
$4.391B |
$19.185B |
|
Cleveland-Cliffs Inc. is the largest producer of iron ore pellets in North America. It is also the biggest flat-rolled steel producer in the region. The company is a major producer of iron ore pellets and it mainly sells products to integrated steel companies through this division in the United States and Canada. Cleveland-Cliffs updated its segment structure following the ArcelorMittal USA buyout and now has one reportable segment, Steelmaking. The earlier Mining and Pelletizing division is now included within Steelmaking while other remaining operating segments including Tooling and Stamping are classified as Other Businesses. The company's Steelmaking operations makes flat-rolled carbon, stainless, electrical, plate, tinplate and long steel products. It provides carbon and stainless-steel tubing products, die design and tooling, as well as hot and cold-stamped components.
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