Cleveland-Cliffs (CLF) vs USA Rare Earth (USAR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Cleveland-Cliffs (CLF) has outperformed USA Rare Earth (USAR) over the past year, losing 5.9% versus a loss of 53.2%. Cleveland-Cliffs is the larger company by market cap ($6.88 billion vs $4.96 billion), about 1.4 times the size. On valuation, Cleveland-Cliffs trades at a lower forward P/E (14.1x vs 441.0x for USA Rare Earth).
Cleveland-Cliffs converts more of its revenue into profit, with a net margin of -7.9% versus -18110.7%.
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 | USAR |
|---|---|---|
| Share price | $12.06 | $13.23 |
| Market cap | $6.88B | $4.96B |
| 1-day change | -1.55% | -3.71% |
| YTD return | -9.19% | +11.18% |
| 1-year return | -5.85% | -53.20% |
| 5-year return | -43.80% | — |
| Forward P/E | 14.06 | 441.00 |
| EPS (TTM) | $-1.61 | $-2.49 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $18.61B | $1.64M |
| Revenue growth (YoY) | -3.00% | — |
| Net income (latest FY) | $-1.48B | $-297.56M |
| Gross margin | -4.62% | 11.87% |
| Operating margin | -8.48% | -3621.61% |
| Net margin | -7.94% | -18110.71% |
| 52-week high | $16.70 | $43.98 |
| 52-week low | $7.73 | $11.45 |
| Distance from 52-week high | -27.78% | -69.92% |
| Analyst consensus | hold | strong_buy |
| Avg. price target upside | +4.48% | +168.78% |
| Average volume | 18.59M | 12.26M |
| Shares outstanding | 570.54M | 375.08M |
| Employees | 25,000 | 132 |
| 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 USAR by 47.3 percentage points over the past year.
- Cleveland-Cliffs is more profitable, keeping -7.9 cents of every revenue dollar as net income versus -18110.7 cents for USA Rare Earth.
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 USA Rare Earth
USAR stock →USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States, Europe, and Asia.
Basic Materials · Metal Mining · 132 employees
CLF vs USAR FAQ
Which is bigger, Cleveland-Cliffs or USA Rare Earth?
Cleveland-Cliffs (CLF) is larger, with a market capitalization of $6.88B compared with $4.96B for USA Rare Earth (USAR).
Which stock has performed better over the past year, CLF or USAR?
CLF returned -5.85% over the past 12 months, compared with -53.20% for USAR (price return, excluding dividends). Past performance does not predict future results.
Are Cleveland-Cliffs and USA Rare Earth in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.