Cleveland-Cliffs (CLF) vs VALE S.A. (VALE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
VALE S.A. (VALE) has outperformed Cleveland-Cliffs (CLF) over the past year, gaining 27.5% versus a loss of 5.9%. Over five years, VALE leads with a -4.7% price change compared with -43.8% for CLF. VALE S.A. is the larger company by market cap ($57.92 billion vs $6.88 billion), about 8.4 times the size.
On valuation, VALE S.A. trades at a lower forward P/E (7.0x vs 14.1x for Cleveland-Cliffs). VALE S.A. pays a dividend yielding 40.24%, while Cleveland-Cliffs does not currently pay one. VALE S.A. converts more of its revenue into profit, with a net margin of 6.1% 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 | VALE |
|---|---|---|
| Share price | $12.06 | $13.61 |
| Market cap | $6.88B | $57.92B |
| 1-day change | -1.55% | -3.34% |
| YTD return | -9.19% | +8.06% |
| 1-year return | -5.85% | +27.54% |
| 5-year return | -43.80% | -4.74% |
| P/E ratio (TTM) | — | 27.22 |
| Forward P/E | 14.06 | 7.04 |
| EPS (TTM) | $-1.61 | $0.50 |
| Dividend yield | 0.00% | 40.24% |
| Annual dividend | $0.00 | $5.48 |
| Revenue (latest FY) | $18.61B | $38.40B |
| Revenue growth (YoY) | -3.00% | +0.91% |
| Net income (latest FY) | $-1.48B | $2.35B |
| Gross margin | -4.62% | 35.04% |
| Operating margin | -8.48% | 15.36% |
| Net margin | -7.94% | 6.12% |
| 52-week high | $16.70 | $17.94 |
| 52-week low | $7.73 | $10.71 |
| Distance from 52-week high | -27.78% | -24.14% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +4.48% | +21.97% |
| Average volume | 18.45M | 27.97M |
| Shares outstanding | 570.54M | 4.26B |
| Employees | 25,000 | 65,805 |
| 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
- VALE S.A. is about 8.4 times larger than Cleveland-Cliffs by market value ($57.92B vs $6.88B).
- VALE has outperformed CLF by 33.4 percentage points over the past year.
- VALE S.A. offers a meaningfully higher dividend yield (40.24% vs 0.00%).
- VALE S.A. is more profitable, keeping 6.1 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 VALE S.A.
VALE stock →Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals.
Basic Materials · Metal Mining · 65,805 employees
CLF vs VALE FAQ
Which is bigger, Cleveland-Cliffs or VALE S.A.?
VALE S.A. (VALE) is larger, with a market capitalization of $57.92B compared with $6.88B for Cleveland-Cliffs (CLF).
Which stock has performed better over the past year, CLF or VALE?
VALE returned +27.54% 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 VALE S.A.?
VALE S.A. pays a dividend yielding 40.24%, while Cleveland-Cliffs does not currently pay a regular dividend.
Are Cleveland-Cliffs and VALE S.A. in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.