Cleveland-Cliffs (CLF) vs MP Materials (MP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Cleveland-Cliffs (CLF) has outperformed MP Materials (MP) over the past year, losing 5.9% versus a loss of 37.2%. Over five years, MP leads with a +36.3% price change compared with -43.8% for CLF. MP Materials is the larger company by market cap ($8.25 billion vs $6.88 billion), about 1.2 times the size.
On valuation, Cleveland-Cliffs trades at a lower forward P/E (14.1x vs 56.3x for MP Materials). Cleveland-Cliffs converts more of its revenue into profit, with a net margin of -7.9% versus -38.3%.
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 | MP |
|---|---|---|
| Share price | $12.06 | $46.31 |
| Market cap | $6.88B | $8.25B |
| 1-day change | -1.55% | -4.57% |
| YTD return | -9.19% | -8.33% |
| 1-year return | -5.85% | -37.22% |
| 5-year return | -43.80% | +36.29% |
| Forward P/E | 14.06 | 56.27 |
| EPS (TTM) | $-1.61 | $-0.33 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $18.61B | $224.44M |
| Revenue growth (YoY) | -3.00% | +10.10% |
| Net income (latest FY) | $-1.48B | $-85.87M |
| Gross margin | -4.62% | 14.10% |
| Operating margin | -8.48% | -66.55% |
| Net margin | -7.94% | -38.26% |
| 52-week high | $16.70 | $100.25 |
| 52-week low | $7.73 | $37.81 |
| Distance from 52-week high | -27.78% | -53.81% |
| Analyst consensus | hold | strong_buy |
| Avg. price target upside | +4.48% | +57.63% |
| Average volume | 18.62M | 5.84M |
| Shares outstanding | 570.54M | 178.10M |
| Employees | 25,000 | 998 |
| 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
- CLF has outperformed MP by 31.4 percentage points over the past year.
- Cleveland-Cliffs is more profitable, keeping -7.9 cents of every revenue dollar as net income versus -38.3 cents for MP Materials.
- MP Materials grew revenue faster in its latest fiscal year (+10.10% vs -3.00%).
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 MP Materials
MP stock →MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics.
Basic Materials · Metal Mining · 998 employees
CLF vs MP FAQ
Which is bigger, Cleveland-Cliffs or MP Materials?
MP Materials (MP) is larger, with a market capitalization of $8.25B compared with $6.88B for Cleveland-Cliffs (CLF).
Which stock has performed better over the past year, CLF or MP?
CLF returned -5.85% over the past 12 months, compared with -37.22% for MP (price return, excluding dividends). Past performance does not predict future results.
Are Cleveland-Cliffs and MP Materials in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.