According to Cleveland-Cliffs's latest financial reports and stock price the company's current Operating Margin is -4.91%. At the end of 2024 the company had an Operating Margin of -4.92%.
Year | Operating Margin | Change |
---|---|---|
2024 | -4.92% | -281.1% |
2023 | 2.71% | -65.26% |
2022 | 7.81% | -58% |
2021 | 18.60% | -616.04% |
2020 | -3.60% | -122.92% |
2019 | 15.73% | -35.08% |
2018 | 24.23% | 317.83% |
2017 | 5.80% | -18.35% |
2016 | 7.10% | -54.33% |
2015 | 15.55% | -2762.87% |
2014 | -0.58% | -101.91% |
2013 | 30.61% | -458.21% |
2012 | -8.54% | -125.6% |
2011 | 33.37% | 18.16% |
2010 | 28.24% | 127.62% |
2009 | 12.41% | -37.48% |
2008 | 19.85% | 18.61% |
2007 | 16.73% | -17.08% |
2006 | 20.18% | -4.64% |
2005 | 21.16% | -10.73% |
2004 | 23.71% | -655.66% |
2003 | -4.27% | -56.34% |
2002 | -9.77% | 23.62% |
2001 | -7.90% |
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.