Cleveland-Cliffs
CLF
$17.70
Share price
1.52%
Change (1 day)
-46.49%
Change (1 year)
Categories
Operating Margin for Cleveland-Cliffs (CLF)
Operating Margin as of March 2023 (TTM): 18.60%
According to Cleveland-Cliffs's latest financial reports and stock price the company's current Operating Margin is 18.60%. At the end of 2021 the company had an Operating Margin of 18.60%.
Operating Margin history for Cleveland-Cliffs from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 18.60% | -616.04% |
| 2020 | -3.60% | -122.98% |
| 2019 | 15.68% | -35.22% |
| 2018 | 24.21% | 335.99% |
| 2017 | 5.55% | -43.42% |
| 2016 | 9.82% | -36.89% |
| 2015 | 15.55% | -107.49% |
| 2014 | -207.71% | -2515.98% |
| 2013 | 8.60% | -200.62% |
| 2012 | -8.54% | -125.9% |
| 2011 | 32.99% | 18.99% |
| 2010 | 27.73% | 123.45% |
| 2009 | 12.41% | -37.48% |
| 2008 | 19.85% | 18.61% |
| 2007 | 16.73% | -17.08% |
| 2006 | 20.18% | -4.64% |
| 2005 | 21.16% | -10.59% |
| 2004 | 23.67% | -676.7% |
| 2003 | -4.10% | -57.13% |
| 2002 | -9.57% | -40.99% |
| 2001 | -16.22% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 ArcelorMittal MT | 23.54% | 26.56% | 🇱🇺 Luxembourg |
 Vale VALE | 54.20% | 191.40% | 🇧🇷 Brazil |
 U.S. Steel
X | 15.47% | -16.83% | 🇺🇸 USA |
 Peabody Energy
BTU | 28.48% | 53.12% | 🇺🇸 USA |
 CNX Resources
CNX | -2.14% | -111.51% | 🇺🇸 USA |
 Albertsons ACI | 2.84% | -84.73% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.