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CLF
Cleveland-Cliffs Inc. · Materials - Steel
$12.28
+20.99% this month
VERSUS
COMPARE
NUE
Nucor Corporation · Materials - Steel
$243.83
+9.97% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
CLF
0
NUE
4
NUE LEADS 4/5
Comparison scoreboard
NUE LEADS 4/5
AI Score
CLF 43.1
NUE 61.6
1Y Return
CLF +67.53%
NUE +99.53%
Fwd P/E
CLF 24.50
NUE 16.09
Target Up.
CLF -4.72%
NUE -3.58%
Op. Margin
CLF N/A
NUE 11.83%
Metrics last refreshed: 6/20/2026
Quick take

CLF vs NUE Stock Comparison: AI Score, Valuation, Performance and Upside

CLF is a higher-beta, more leveraged bet on automotive steel demand with vertical integration into iron ore, while NUE is a lower-cost, more diversified, financially conservative EAF steelmaker. NUE has historically offered more balance-sheet safety; CLF offers more torque to an automotive and tariff-driven steel cycle.

CLF vs NUE contrasts a leveraged, automotive-focused integrated steelmaker against a financially disciplined, diversified electric-arc-furnace producer with a lower cost structure.

Live analysis · updated 6/20/2026

NUE holds the edge across 4 of 5 key metrics in this comparison. NUE leads on both 1-year return (+99.53%) and forward P/E (16.09x vs 24.50x for CLF), a relatively favorable combination of momentum and valuation. Analyst consensus implies similar upside for both: -4.72% for CLF and -3.58% for NUE.

Normalized 1Y performance
CLF
NUE
Recent returns
CLF
NUE
Analyst price targets & sentiment
CLF · 10 analysts
STRONG BUYHOLDSTRONG SELL
Hold (2.9/5.0)
Price target range
analyst low$8.00
analyst high$15.00
analyst mean$11.70
current price$12.28
-4.7% upside to analyst mean
NUE · 13 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.0/5.0)
Price target range
analyst low$120.00
analyst mean$256.81
current price$243.83
-3.6% upside to analyst mean
Who should consider this stock?
CLF may suit investors who:
  • Want concentrated exposure to U.S. automotive steel demand
  • Believe steel tariffs and trade protections will persist
  • Can tolerate higher financial leverage and earnings volatility
NUE may suit investors who:
  • Prefer a lower-cost, more flexible steel production model
  • Want diversified exposure across construction, energy, and infrastructure
  • Value balance sheet strength and consistent capital returns
Performance & AI score
MetricCLFNUE
AI score43.161.6
AI rank#817#133
Latest close$12.28$243.83
1M return+20.99%+9.97%
6M return-5.03%+51.74%
1Y return+67.53%+99.53%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

PeriodCLFNUE
1Y ago$16.75K (+67.5%)
started 2025-06-18
$19.32K (+93.2%)
started 2025-06-18
5Y ago$6.06K (-39.4%)
started 2021-06-18
$28.79K (+187.9%)
started 2021-06-21
10Y ago$27.19K (+171.9%)
started 2016-06-20
$73.54K (+635.4%)
started 2016-06-20

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
MetricCLFNUE
Market cap$7B$60.66B
Trailing P/EN/A26.45
Forward P/E24.5016.09
Price/Sales0.370.92
EV/Revenue0.821.94
Analyst target$11.70$256.81
Target upside-4.72%-3.58%
Growth, profitability & risk
MetricCLFNUE
Revenue growth6.30%21.30%
Earnings growthN/A382.10%
EPS growthN/A+382.10%
FCF margin-0.32%-1.12%
Operating marginN/A11.83%
Profit margin-6.44%6.82%
ROIC proxy-18.60%12.29%
Return on equity-18.60%12.29%
Dividend yield0.00%0.84%
Beta2.091.91
Debt/equity129.3231.59
Current ratio2.022.90
Quick ratio0.581.45
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
CLF max drawdown51.67%
NUE max drawdown18.43%
CLF max wkly drop29.53%
NUE max wkly drop7.40%
5Y risk snapshot
CLF max drawdown82.37%
NUE max drawdown47.79%
CLF max wkly drop29.53%
NUE max wkly drop18.48%
10Y risk snapshot
CLF max drawdown82.37%
NUE max drawdown57.21%
CLF max wkly drop34.50%
NUE max wkly drop22.08%
Performance metrics by period
PeriodMetricCLFNUE
1YGrowth+67.53%+93.24%
CAGR+67.59%+93.42%
Sharpe ratio1.042.24
Max drawdown51.67%18.43%
Max daily drop17.24%5.95%
Max wkly drop29.53%7.40%
5YGrowth-39.42%+170.38%
CAGR-9.54%+22.05%
Sharpe ratio0.050.60
Max drawdown82.37%47.79%
Max daily drop17.24%11.31%
Max wkly drop29.53%18.48%
10YGrowth+157.31%+485.06%
CAGR+9.92%+19.33%
Sharpe ratio0.390.55
Max drawdown82.37%57.21%
Max daily drop24.27%14.51%
Max wkly drop34.50%22.08%
Business comparison
CategoryCLFNUE
CompanyCleveland-Cliffs Inc.Nucor Corporation
SectorMaterials - SteelBasic Materials
IndustryN/ASteel
Core businessCleveland-Cliffs is a vertically integrated U.S. steel producer and the largest flat-rolled steel maker, supplying mainly the automotive industry. It owns its own iron ore mining and pelletizing operations.Nucor is the largest U.S. steel producer and the largest steel recycler, using electric arc furnace (EAF) mini-mill technology that is more flexible and lower-cost than traditional integrated steelmaking.
Investor focusInvestors track automotive steel demand, hot-rolled coil pricing, labor relations, and the company's high financial leverage from past acquisitions.Investors track scrap steel costs, construction and infrastructure demand, capital allocation discipline, and Nucor's diversified product mix.
CLF strengths
  • Vertically integrated from iron ore mining through finished steel
  • Largest supplier of automotive-grade flat-rolled steel in the U.S.
  • Benefits from tariffs and trade protections on imported steel
NUE strengths
  • Lower-cost, more flexible EAF mini-mill production model
  • Diversified end markets including construction, infrastructure, and energy
  • Strong balance sheet and long history of disciplined capital returns
Risks to watch — CLF
  • High debt load from the AK Steel and ArcelorMittal USA acquisitions
  • Heavy reliance on cyclical automotive production volumes
  • Steel price volatility directly impacts margins given high fixed costs
Risks to watch — NUE
  • Scrap steel input cost inflation can compress margins
  • Construction and infrastructure spending cycles drive demand
  • New mill investments carry execution and ramp-up risk
Frequently asked questions
Nucor has historically maintained a more conservative balance sheet, while Cleveland-Cliffs carries more debt from its acquisition-driven growth strategy.
AI Prediction SignalNext 5 trading days
Members only
CLF
+2.8%BUY
NUE
+1.1%HOLD

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