Cleveland-Cliffs Operating Margin 2010-2025 | CLF
- Cleveland-Cliffs average operating margin for 2024 was -0.48%, a 116.67% increase from 2023.
- Cleveland-Cliffs average operating margin for 2023 was 2.88%, a 82.08% decline from 2022.
- Cleveland-Cliffs average operating margin for 2022 was 16.07%, a 31.51% decline from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.