• Cleveland-Cliffs average return on equity for 2023 was 4.61, a 90.27% decline from 2022.
• Cleveland-Cliffs average return on equity for 2022 was 47.39, a 14.58% decline from 2021.
• Cleveland-Cliffs average return on equity for 2021 was 41.36, a 620.56% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.