MetaCap

Cleveland-Cliffs (CLF) vs Ero Copper (ERO)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

Ero Copper (ERO) has outperformed Cleveland-Cliffs (CLF) over the past year, gaining 68.4% versus a loss of 5.9%. Over five years, ERO leads with a +75.6% price change compared with -43.8% for CLF. Cleveland-Cliffs is the larger company by market cap ($6.88 billion vs $3.84 billion), about 1.8 times the size.

On valuation, Ero Copper trades at a lower forward P/E (7.5x vs 14.1x for Cleveland-Cliffs).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CLF-5.85%ERO+68.41%
+91%+23%-45%
Oct 7, 20251 yearOct 7, 2026
CLF-41.54%ERO+99.67%
+123%+21%-81%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CLF versus ERO key metrics
MetricCLFERO
Share price$12.06$36.78
Market cap$6.88B$3.84B
1-day change-1.55%-3.03%
YTD return-9.19%+30.01%
1-year return-5.85%+68.41%
5-year return-43.80%+75.56%
P/E ratio (TTM)—12.47
Forward P/E14.067.53
EPS (TTM)$-1.61$2.95
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$18.61B—
Revenue growth (YoY)-3.00%—
Net income (latest FY)$-1.48B—
Gross margin-4.62%—
Operating margin-8.48%—
Net margin-7.94%—
52-week high$16.70$40.83
52-week low$7.73$19.10
Distance from 52-week high-27.78%-9.92%
Analyst consensusholdbuy
Avg. price target upside+4.48%+10.74%
Average volume18.62M1.32M
Shares outstanding570.54M104.30M
Employees25,000—
SectorBasic MaterialsBasic Materials
IndustryMetal MiningMetal Mining

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • ERO has outperformed CLF by 74.3 percentage points over the past year.

About Cleveland-Cliffs

CLF stock →

Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada.

Basic Materials · Metal Mining · 25,000 employees

About Ero Copper

ERO stock →

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil.

Basic Materials · Metal Mining

CLF vs ERO FAQ

Which is bigger, Cleveland-Cliffs or Ero Copper?

Cleveland-Cliffs (CLF) is larger, with a market capitalization of $6.88B compared with $3.84B for Ero Copper (ERO).

Which stock has performed better over the past year, CLF or ERO?

ERO returned +68.41% over the past 12 months, compared with -5.85% for CLF (price return, excluding dividends). Past performance does not predict future results.

Are Cleveland-Cliffs and Ero Copper in the same industry?

Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.

More comparisons