CLEVELAND-CLIFFS INC. Annual Operating Margin in % from 2010 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Cleveland Cliffs Inc. quarterly/annual Operating Margin history and growth rate from 2010 to 2024.
  • Cleveland Cliffs Inc. Operating Margin for the quarter ending December 31, 2024 was -3.94 %, a 228% decline year-over-year.
  • Cleveland Cliffs Inc. annual Operating Margin for 2024 was -3.94 %, a 228% decline from 2023.
  • Cleveland Cliffs Inc. annual Operating Margin for 2023 was 3.08 %, a 63.5% decline from 2022.
  • Cleveland Cliffs Inc. annual Operating Margin for 2022 was 8.43 %, a 57% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 -3.94 -7.02 -228% Jan 1, 2024 Dec 31, 2024
2023 3.08 -5.36 -63.5% Jan 1, 2023 Dec 31, 2023
2022 8.43 -11.2 -57% Jan 1, 2022 Dec 31, 2022
2021 19.6 +22.3 Jan 1, 2021 Dec 31, 2021
2020 -2.65 -24.2 -112% Jan 1, 2020 Dec 31, 2020
2019 21.6 -7.3 -25.3% Jan 1, 2019 Dec 31, 2019
2018 28.9 +7.95 +38% Jan 1, 2018 Dec 31, 2018
2017 20.9 +12.5 +149% Jan 1, 2017 Dec 31, 2017
2016 8.41 +0.89 +11.8% Jan 1, 2016 Dec 31, 2016
2015 7.52 +3.66 +94.9% Jan 1, 2015 Dec 31, 2015
2014 3.86 -31.6 -89.1% Jan 1, 2014 Dec 31, 2014
2013 35.5 +40.7 Jan 1, 2013 Dec 31, 2013
2012 -5.26 -40.3 -115% Jan 1, 2012 Dec 31, 2012
2011 35 +7.5 +27.3% Dec 31, 2010 Dec 31, 2011
2010 27.5 Dec 31, 2009 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.