Cleveland-Cliffs faces a severe profitability crisis, with TTM gross margin at -4.1% and net losses in nine of the last ten quarters, including a -$495M net loss in 2025Q1. Revenue has stabilized modestly, growing 5.9% year-over-year in 2026Q2, but cost inflex...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has stabilized at $5.2B in 2026Q2 with 5.9% growth, but gross margin remains deeply negative at -4.1% TTM, with COGS exceeding revenue in six of the last ten quarters.
Multiple bullish theses on Cleveland-Cliffs Inc. (CLF) have been highlighted on platforms like r/wallstreetbets and Substack, indicating strong retail investor interest.
CLF's trailing and forward P/E ratios of 133.67 and 62.89, respectively, suggest potential undervaluation or growth expectations, as noted by Yahoo Finance.
Cleveland's position as a major St. Lawrence Seaway port on Lake Erie provides logistical advantages for Cleveland-Cliffs Inc.'s operations and distribution.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 23, 2026 | -$0.20+4.0% vs -$0.21 | $5.2B+1.6% vs $5.1B |
Q2 2026 Apr 20, 2026 | -$0.40+9.1% vs -$0.44 | $4.9B+2.4% vs $4.8B |
Q1 2026 Feb 9, 2026 | -$0.43+30.6% vs -$0.62 | $4.3B-5.5% vs $4.6B |
Q4 2025 Oct 20, 2025 | -$0.45+6.3% vs -$0.48 | $4.7B+1.6% vs $4.7B |
Shares of Cleveland-Cliffs (NYSE:CLF | CLF Price Prediction) are climbing again on Tuesday, extending a month-long rebound in the U.S. steel complex. Cleveland-Cliffs stock is at $12.69, up 5% in Tuesday afternoon trading.
Cleveland-Cliffs (CLF) concluded the recent trading session at $12.07, signifying a -3.44% move from its prior day's close.
The latest trading day saw Cleveland-Cliffs (CLF) settling at $12.5, representing a -2.04% change from its previous close.
Recently, Zacks.com users have been paying close attention to Cleveland-Cliffs (CLF). This makes it worthwhile to examine what the stock has in store.
Benchmark CLF against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Cleveland-Cliffs Inc. (CLF)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $12.53 | $7.15B | -4.18 | -3% | -7.94% | -22.36% | — | |
| $245.66 | $55.95B | 32.67 | 5.73% | 7.99% | 12.84% | — | |
| $233.99 | $33.74B | 29.29 | 3.63% | 7.83% | 17.66% | — | |
| $65.00 | $7.19B | 87.84 | -1.61% | 6.72% | 13.65% | — | |
| $386.95 | $19.76B | 27.68 | 3.32% | 5.66% | 12.33% | — | |
| $34.90 | $1.77B | 99.71 | 11.33% | 0.49% | 1.26% | — |
Cleveland-Cliffs Inc. (CLF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Cleveland-Cliffs Inc. (CLF) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 24, 2026·SEC
Jul 23, 2026·SEC
May 20, 2026·SEC
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Cleveland-Cliffs Inc. (CLF) stock FAQ — growth, dividends, profitability & financials explained
Cleveland-Cliffs Inc. (CLF) reported $19.20B in revenue for fiscal year 2025. This represents a 3715% increase from $503.2M in 1996.
Cleveland-Cliffs Inc. (CLF) saw revenue decline by 3.0% over the past year.
Cleveland-Cliffs Inc. (CLF) reported a net loss of $876.0M for fiscal year 2025.
Cleveland-Cliffs Inc. (CLF) has a return on equity (ROE) of -22.4%. Negative ROE indicates the company is unprofitable.
Cleveland-Cliffs Inc. (CLF) had negative free cash flow of $857.0M in fiscal year 2025, likely due to heavy capital investments.
