Cleveland-Cliffs
CLF
$20.85
Share price
0.19%
Change (1 day)
28.62%
Change (1 year)
Categories
Operating Margin for Cleveland-Cliffs (CLF)
Operating Margin as of April 2024 (TTM): 7.81%
According to Cleveland-Cliffs's latest financial reports and stock price the company's current Operating Margin is 7.81%. At the end of 2022 the company had an Operating Margin of 7.81%.
Operating Margin history for Cleveland-Cliffs from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.81% | -58% |
| 2021 | 18.60% | -616.04% |
| 2020 | -3.60% | -122.98% |
| 2019 | 15.68% | -35.22% |
| 2018 | 24.21% | 310.9% |
| 2017 | 5.89% | -39.97% |
| 2016 | 9.82% | -36.89% |
| 2015 | 15.55% | -107.5% |
| 2014 | -207.29% | -2511.12% |
| 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 | 14.09% | 80.41% | 🇱🇺 Luxembourg |
 Vale VALE | 45.12% | 477.72% | 🇧🇷 Brazil |
 U.S. Steel
X | 9.14% | 17.03% | 🇺🇸 USA |
 Peabody Energy
BTU | 31.28% | 300.51% | 🇺🇸 USA |
 CNX Resources
CNX | 94.55% | 1,110.63% | 🇺🇸 USA |
 Albertsons ACI | 2.28% | -70.81% | 🇺🇸 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.