Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cleveland-CliffsSTU:CVA +6.65%74 FCF Margin % is 1.40% as of Jun. 2026, which is 80% below its 10-year median of 6.91. GuruFocus rates STU:CVA with a GF Score™ of 74/100 and a GF Value™ of €9.69 (Fairly Valued). The stock has 8 warning signs investors should review. Among 611 Steel companies, Cleveland-Cliffs ranks worse than 75.61% on this metric.
The historical rank and industry rank for Cleveland-Cliffs's FCF Margin % or its related term are showing as below:
STU:CVA'
s FCF Margin % Range Over the Past 10 Years
Min: -14.62 Med: 6.91 Max: 15.05
Current: -4.45
During the past 13 years, the highest FCF Margin % of Cleveland-Cliffs was 15.05%. The lowest was -14.62%. And the median was 6.91%.
STU:CVA's FCF Margin % is ranked worse than 75.61% of 611
companies
in the Steel industry
Industry Median: 1.14
vs STU:CVA: -4.45
Cleveland-Cliffs FCF Margin % Related Terms
Cleveland-Cliffs FCF Margin % Historical Data
* Premium members only.
The historical data trend for Cleveland-Cliffs's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Steel subindustry, Cleveland-Cliffs's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cleveland-Cliffs FCF Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Cleveland-Cliffs's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Cleveland-Cliffs's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cleveland-Cliffs (STU:CVA) has a FCF Margin % of 1.40% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cleveland-Cliffs and its competitors. This is 80% below median its historical median of 6.91. According to the industry distribution chart, Cleveland-Cliffs ranks #462 out of 611 companies in the Steel industry, placing it in the top 75.6%.
Is Cleveland-Cliffs' FCF Margin % too high?
Cleveland-Cliffs' current FCF Margin % of 1.40% is 80% below median its 10-year median of 6.91. The Steel industry median FCF Margin % is 1.14. Cleveland-Cliffs' value of 1.40% is 22.8% above this industry median. Based on the distribution chart, Cleveland-Cliffs ranks #462 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Cleveland-Cliffs has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cleveland-Cliffs' FCF Margin % compare to TX and WS?
According to the Steel industry distribution chart, Cleveland-Cliffs ranks #462 out of 611 companies for FCF Margin %. This places Cleveland-Cliffs in the lower half of its industry. The industry median FCF Margin % is 1.14. Cleveland-Cliffs' value of 1.40% is 22.8% above this benchmark. While the company's 10-year median is 6.91 vs. the industry median of 1.14, Cleveland-Cliffs has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Steel company?
The median FCF Margin % among Steel companies is 1.14, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cleveland-Cliffs's current FCF Margin % of 1.40% is 22.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cleveland-Cliffs and its competitors. For the Steel industry, the median FCF Margin % is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleveland-Cliffs's current FCF Margin % is 1.40%, which is 80% below median its own 10-year median of 6.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleveland-Cliffs stock overvalued right now?
Based on GuruFocus' analysis, Cleveland-Cliffs (STU:CVA) is currently considered Fairly Valued. The stock's GF Value™ is €9.69, compared to a current price of €10.43 — trading 7.6% above its estimated fair value. The current FCF Margin % is 1.40%, which is 80% below median its 10-year median of 6.91 and 22.8% above the Steel industry median of 1.14. Cleveland-Cliffs' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Cleveland-Cliffs (STU:CVA), the current FCF Margin % is 1.40% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cleveland-Cliffs (STU:CVA) Overvalued in 2026?
Based on GuruFocus' analysis, Cleveland-Cliffs stock appears to be overvalued.
The current stock price of €10.43 is trading 7.6% above its estimated GF Value™ of €9.69.
GuruFocus considers Cleveland-Cliffs to be Fairly Valued.
Key valuation signals for STU:CVA:
FCF Margin %: 1.40% (80% below median its 10-year median of 6.91)
GF Value™: €9.69 vs. price of €10.43 (7.6% above fair value)
Industry Position: 22.8% above the Steel median (#462 of 611)
No single metric tells the full story. See the STU:CVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
74GF Score
Get the complete analysis for STU:CVA
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:CVA has been successfully added to your 
