CLEVELAND-CLIFFS INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2019 | 28.9% | 21.6% | 14.7% |
| FY2020 | 4.7% | -2.7% | -2.3% |
| FY2021 | 22.2% | 19.6% | 14.6% |
| FY2022 | 11.0% | 8.4% | 5.8% |
| FY2023 | 6.2% | 3.0% | 1.8% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2019 | 28.9% | 21.6% | 14.7% |
| FY2020 | 4.7% | -2.7% | -2.3% |
| FY2021 | 22.2% | 19.6% | 14.6% |
| FY2022 | 11.0% | 8.4% | 5.8% |
| FY2023 | 6.2% | 3.0% | 1.8% |