Cleveland-Cliffs (CLF) vs Gerdau S.A. (GGB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Gerdau S.A. (GGB) has outperformed Cleveland-Cliffs (CLF) over the past year, gaining 58.5% versus a loss of 5.9%. Over five years, GGB leads with a +24.4% price change compared with -43.8% for CLF. Gerdau S.A. is the larger company by market cap ($9.85 billion vs $6.88 billion), about 1.4 times the size.
On valuation, Gerdau S.A. trades at a lower forward P/E (8.3x vs 14.1x for Cleveland-Cliffs). Gerdau S.A. pays a dividend yielding 15.74%, while Cleveland-Cliffs does not currently pay one.
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 | GGB |
|---|---|---|
| Share price | $12.06 | $5.02 |
| Market cap | $6.88B | $9.85B |
| 1-day change | -1.55% | -1.95% |
| YTD return | -9.19% | +36.99% |
| 1-year return | -5.85% | +58.46% |
| 5-year return | -43.80% | +24.40% |
| P/E ratio (TTM) | — | 23.90 |
| Forward P/E | 14.06 | 8.32 |
| EPS (TTM) | $-1.59 | $0.21 |
| Dividend yield | 0.00% | 15.74% |
| Annual dividend | $0.00 | $0.79 |
| 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 | $5.48 |
| 52-week low | $7.73 | $3.13 |
| Distance from 52-week high | -27.78% | -8.39% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +4.48% | +17.73% |
| Average volume | 18.59M | 13.05M |
| Shares outstanding | 570.54M | 1.24B |
| Employees | 25,000 | 30,000 |
| Sector | Basic Materials | Industrials |
| Industry | Metal Mining | Steel/Iron Ore |
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
- GGB has outperformed CLF by 64.3 percentage points over the past year.
- Gerdau S.A. offers a meaningfully higher dividend yield (15.74% vs 0.00%).
- The two companies sit in different sectors: Cleveland-Cliffs in Basic Materials and Gerdau S.A. in Industrials.
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 Gerdau S.A.
GGB stock →Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, and South America Business segments.
Industrials · Steel/Iron Ore · 30,000 employees
CLF vs GGB FAQ
Which is bigger, Cleveland-Cliffs or Gerdau S.A.?
Gerdau S.A. (GGB) is larger, with a market capitalization of $9.85B compared with $6.88B for Cleveland-Cliffs (CLF).
Which stock has performed better over the past year, CLF or GGB?
GGB returned +58.46% over the past 12 months, compared with -5.85% for CLF (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Cleveland-Cliffs or Gerdau S.A.?
Gerdau S.A. pays a dividend yielding 15.74%, while Cleveland-Cliffs does not currently pay a regular dividend.
Are Cleveland-Cliffs and Gerdau S.A. in the same industry?
No. Cleveland-Cliffs is in the Basic Materials sector, while Gerdau S.A. is in Industrials.