Cleveland-Cliffs (CLF) vs Freeport-McMoRan (FCX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Freeport-McMoRan (FCX) has outperformed Cleveland-Cliffs (CLF) over the past year, gaining 70.1% versus a loss of 8.6%. Over five years, FCX leads with a +90.7% price change compared with -39.5% for CLF. Freeport-McMoRan is the larger company by market cap ($105.82 billion vs $7.41 billion), about 14.3 times the size.
On valuation, Cleveland-Cliffs trades at a lower forward P/E (15.1x vs 17.1x for Freeport-McMoRan). Freeport-McMoRan pays a dividend yielding 0.81%, while Cleveland-Cliffs does not currently pay one. Freeport-McMoRan converts more of its revenue into profit, with a net margin of 16.0% versus -7.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CLF | FCX |
|---|---|---|
| Share price | $12.98 | $73.69 |
| Market cap | $7.41B | $105.82B |
| 1-day change | +6.48% | +3.58% |
| YTD return | -2.26% | +45.09% |
| 1-year return | -8.59% | +70.15% |
| 5-year return | -39.52% | +90.71% |
| P/E ratio (TTM) | — | 36.30 |
| Forward P/E | 15.13 | 17.09 |
| EPS (TTM) | $-1.61 | $2.03 |
| Dividend yield | 0.00% | 0.81% |
| Annual dividend | $0.00 | $0.60 |
| Revenue (latest FY) | $18.61B | $25.91B |
| Revenue growth (YoY) | -3.00% | +1.81% |
| Net income (latest FY) | $-1.48B | $4.15B |
| Gross margin | -4.62% | 28.16% |
| Operating margin | -8.48% | 25.15% |
| Net margin | -7.94% | 16.02% |
| 52-week high | $16.70 | $80.24 |
| 52-week low | $7.73 | $38.54 |
| Distance from 52-week high | -22.28% | -8.16% |
| Analyst consensus | hold | buy |
| Avg. price target upside | -2.93% | +4.00% |
| Average volume | 18.50M | 13.21M |
| Shares outstanding | 570.54M | 1.44B |
| Employees | 25,000 | 29,000 |
| Sector | Basic Materials | Basic Materials |
| Industry | Metal Mining | Metal 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
- Freeport-McMoRan is about 14.3 times larger than Cleveland-Cliffs by market value ($105.82B vs $7.41B).
- FCX has outperformed CLF by 78.7 percentage points over the past year.
- Freeport-McMoRan is more profitable, keeping 16.0 cents of every revenue dollar as net income versus -7.9 cents for Cleveland-Cliffs.
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 Freeport-McMoRan
FCX stock →Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia.
Basic Materials · Metal Mining · 29,000 employees
CLF vs FCX FAQ
Which is bigger, Cleveland-Cliffs or Freeport-McMoRan?
Freeport-McMoRan (FCX) is larger, with a market capitalization of $105.82B compared with $7.41B for Cleveland-Cliffs (CLF).
Which stock has performed better over the past year, CLF or FCX?
FCX returned +70.15% over the past 12 months, compared with -8.59% for CLF (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Cleveland-Cliffs or Freeport-McMoRan?
Freeport-McMoRan pays a dividend yielding 0.81%, while Cleveland-Cliffs does not currently pay a regular dividend.
Are Cleveland-Cliffs and Freeport-McMoRan in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.