Cleveland-Cliffs Inc
NYSE:CLF
Net Margin
Cleveland-Cliffs Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Cleveland-Cliffs Inc
NYSE:CLF
|
3.7B USD |
-6%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
87.8B Zac |
21%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
221.5B BRL |
15%
|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
45.9B AUD |
24%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
30.4B USD |
4%
|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
25.3B EUR |
24%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.5T INR |
2%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
23B EUR |
2%
|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2T INR |
2%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
144B CNY |
3%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
2.8T JPY |
4%
|
Cleveland-Cliffs Inc
Glance View
Cleveland-Cliffs Inc., often recognized as a pivotal pillar of American mining and manufacturing, is a company with roots tracing back to 1847. Its journey began with the extraction of iron ore from the rich deposits of Minnesota and Michigan, which laid the foundation for its longstanding legacy in the U.S. steel industry. Over the years, Cleveland-Cliffs evolved beyond merely mining, strategically expanding its footprint by acquiring steel production and manufacturing facilities. This transformation enabled the company to become the largest flat-rolled steel producer in North America. From extracting iron ore to creating advanced steel products, Cleveland-Cliffs has honed a vertically integrated business model that ensures control over its supply chain, enhancing efficiency and cost effectiveness. At the core of Cleveland-Cliffs' operations is its ability to innovate and adapt to the ever-changing demands of the metal markets. The company serves a diverse array of industries, including automotive, infrastructure, and manufacturing, bolstering its revenue with its advanced high-strength steel offerings. Through cost-efficient production techniques and substantial investment in environmentally sustainable practices, the company produces a wide range of steel products, catering to various specifications and requirements. By transforming raw materials into finished steel goods, Cleveland-Cliffs generates income primarily from sales contracts with a spectrum of industrial clients. This comprehensive approach not only secures its profitability but also fortifies its position as a key player driving the resurgence of the American steel industry.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Cleveland-Cliffs Inc's most recent financial statements, the company has Net Margin of -6.4%.
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