Cleveland-Cliffs Inc (CLF)
11.88
+0.22
(+1.84%)
USD |
NYSE |
Nov 21, 16:00
11.88
0.00 (0.00%)
After-Hours: 20:00
Cleveland-Cliffs Gross Profit Margin (Quarterly): -2.28% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | -2.28% |
| June 30, 2024 | 3.18% |
| March 31, 2024 | 5.48% |
| December 31, 2023 | 3.29% |
| September 30, 2023 | 8.56% |
| June 30, 2023 | 10.76% |
| March 31, 2023 | 1.87% |
| December 31, 2022 | -1.19% |
| September 30, 2022 | 6.16% |
| June 30, 2022 | 15.48% |
| March 31, 2022 | 20.97% |
| December 31, 2021 | 23.83% |
| September 30, 2021 | 29.56% |
| June 30, 2021 | 23.73% |
| March 31, 2021 | 7.11% |
| December 31, 2020 | 10.77% |
| September 30, 2020 | 7.35% |
| June 30, 2020 | -10.52% |
| March 31, 2020 | 0.84% |
| December 31, 2019 | 23.81% |
| September 30, 2019 | 27.88% |
| June 30, 2019 | 35.39% |
| March 31, 2019 | 19.68% |
| December 31, 2018 | 28.94% |
| September 30, 2018 | 35.27% |
| Date | Value |
|---|---|
| June 30, 2018 | 39.83% |
| March 31, 2018 | 34.17% |
| December 31, 2017 | 22.68% |
| September 30, 2017 | 26.45% |
| June 30, 2017 | 30.70% |
| March 31, 2017 | 20.86% |
| December 31, 2016 | 36.24% |
| September 30, 2016 | 15.43% |
| June 30, 2016 | 18.44% |
| March 31, 2016 | 10.11% |
| December 31, 2015 | 9.10% |
| September 30, 2015 | 9.29% |
| June 30, 2015 | 11.50% |
| March 31, 2015 | 18.12% |
| December 31, 2014 | 24.85% |
| September 30, 2014 | 26.15% |
| June 30, 2014 | 24.54% |
| March 31, 2014 | 30.87% |
| December 31, 2013 | -221.1% |
| September 30, 2013 | 22.55% |
| June 30, 2013 | 18.02% |
| March 31, 2013 | 20.86% |
| December 31, 2012 | 15.53% |
| September 30, 2012 | 12.84% |
| June 30, 2012 | 28.07% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-10.52%
Minimum
Jun 2020
29.56%
Maximum
Sep 2021
9.44%
Average
7.23%
Median
Gross Profit Margin (Quarterly) Benchmarks
| United States Steel Corp | 10.51% |
| Worthington Steel Inc | 12.04% |
| Nucor Corp | 10.18% |
| Alcoa Corp | 17.60% |
| Steel Dynamics Inc | 13.94% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -6.03% |
| Return on Assets | -2.67% |
| Return on Invested Capital | -4.14% |
| Profit Margin (Quarterly) | -5.30% |
| Operating Margin (Quarterly) | -5.32% |
| Return on Net Operating Assets | -2.85% |