Overview
Cleveland-Cliffs Inc., based in the United States, operates primarily within the iron and steel industry. The company, having roots dating back to 1847 in the mining of iron ore, has evolved to become North America's largest flat-rolled steel producer and a prominent supplier of iron ore pellets following strategic expansions and acquisitions, notably its acquisitions of AK Steel and ArcelorMittal USA in 2020. Cleveland-Cliffs' projects and operations focus on serving the automotive, manufacturing, and infrastructure sectors, which include integrated steel mills and downstream finishing facilities. Their business model integrates raw material extraction through to finished steel production, leveraging technology and innovation in materials science to optimize the manufacturing and distribution processes. This comprehensive setup enables Cleveland-Cliffs to maintain a pivotal role in North America's heavy industry and manufacturing sectors.
Quality, Value, Momentum Scores
This card shows the Quality, Value, and Momentum scores for the company
Income Statement: Revenue, Operating Income, Net Income
- The revenue for Cleveland-Cliffs Inc. as of June 30, 2025 is 18,457.00 MM.
- The operating income for Cleveland-Cliffs Inc. as of June 30, 2025 is -1,343.00 MM.
- The net income for Cleveland-Cliffs Inc. as of June 30, 2025 is -1,667.00 MM.
| Period End (TTM) | Revenue (MM) | Operating Income (MM) | Net Income (MM) |
| 2025-06-30 | 18,457.00 | -1,343.00 | -1,667.00 |
| 2025-03-31 | 18,615.00 | -925.00 | -1,182.00 |
| 2024-12-31 | 19,185.00 | -257.00 | -754.00 |
| 2024-09-30 | 19,972.00 | 140.00 | -462.00 |
| 2024-06-30 | 21,008.00 | 701.00 | 44.00 |
| 2024-03-31 | 21,900.00 | 1,126.00 | 389.00 |
| 2023-12-31 | 21,996.00 | 955.00 | 399.00 |
| 2023-09-30 | 21,928.00 | 818.00 | 340.00 |
| 2023-06-30 | 21,976.00 | 674.00 | 228.00 |
| 2023-03-31 | 22,329.00 | 1,031.00 | 477.00 |
| 2022-12-31 | 22,989.00 | 2,184.00 | 1,335.00 |
| 2022-09-30 | 23,291.00 | 3,539.00 | 2,442.00 |
| 2022-06-30 | 23,642.00 | 4,998.00 | 3,564.00 |
| 2022-03-31 | 22,350.00 | 5,221.00 | 3,748.00 |
| 2021-12-31 | 20,444.00 | 4,242.00 | 2,988.00 |
| 2021-09-30 | 17,354.00 | 3,185.00 | 2,159.00 |
| 2021-06-30 | 12,996.00 | 1,544.00 | 875.00 |
| 2021-03-31 | 9,044.00 | 257.00 | -29.00 |
| 2020-12-31 | 5,354.00 | 2.00 | -122.00 |
| 2020-09-30 | 3,632.20 | -63.20 | -122.60 |
Income Statement: EPS
| Period End (TTM) | Earnings Per Share Basic | Earnings Per Share Diluted |
| 2025-06-30 | ||
| 2025-03-31 | -2.46 | -2.45 |
| 2024-12-31 | -1.57 | -1.57 |
| 2024-09-30 | -0.95 | -0.95 |
| 2024-06-30 | 0.09 | 0.10 |
| 2024-03-31 | 0.77 | 0.76 |
| 2023-12-31 | 0.78 | 0.78 |
| 2023-09-30 | 0.66 | 0.66 |
| 2023-06-30 | 0.44 | 0.44 |
| 2023-03-31 | 0.92 | 0.93 |
| 2022-12-31 | 2.57 | 2.55 |
| 2022-09-30 | 4.71 | 4.64 |
| 2022-06-30 | 6.86 | 6.68 |
| 2022-03-31 | 7.05 | 6.83 |
| 2021-12-31 | 5.63 | 5.36 |
| 2021-09-30 | 4.16 | 4.07 |
| 2021-06-30 | 1.65 | 1.78 |
| 2021-03-31 | -0.08 | -0.06 |
| 2020-12-31 | -0.32 | -0.32 |
| 2020-09-30 | -0.36 | -0.36 |
Cash Flow: Operations, Investing, Financing
- The cash from operating activities for Cleveland-Cliffs Inc. as of June 30, 2025 is -862.00 MM.
- The cash from investing activities for Cleveland-Cliffs Inc. as of June 30, 2025 is -3,137.00 MM.
- The cash from financing activities for Cleveland-Cliffs Inc. as of June 30, 2025 is 3,955.00 MM.
| Period End (TTM) | Cash From Operating Activities (MM) | Cash From Investing Activities (MM) | Cash From Financing Activities (MM) |
| 2025-06-30 | -862.00 | -3,137.00 | 3,955.00 |
| 2025-03-31 | -388.00 | -3,178.00 | 3,600.00 |
| 2024-12-31 | 105.00 | -3,212.00 | 2,970.00 |
| 2024-09-30 | 1,229.00 | -598.00 | -623.00 |
| 2024-06-30 | 2,080.00 | -612.00 | -1,392.00 |
| 2024-03-31 | 2,448.00 | -585.00 | -1,892.00 |
| 2023-12-31 | 2,267.00 | -591.00 | -1,504.00 |
| 2023-09-30 | 2,104.00 | -679.00 | -1,450.00 |
| 2023-06-30 | 1,873.00 | -779.00 | -1,107.00 |
| 2023-03-31 | 1,851.00 | -886.00 | -941.00 |
| 2022-12-31 | 2,423.00 | -936.00 | -1,509.00 |
| 2022-09-30 | 3,071.00 | -1,692.00 | -1,365.00 |
| 2022-06-30 | 4,051.00 | -1,604.00 | -2,473.00 |
| 2022-03-31 | 3,697.00 | -1,479.00 | -2,293.00 |
| 2021-12-31 | 2,785.00 | -1,379.00 | -1,470.00 |
| 2021-09-30 | 1,441.00 | -1,216.00 | -239.00 |
| 2021-06-30 | 172.00 | -1,132.00 | 959.00 |
| 2021-03-31 | -473.00 | -1,170.00 | 1,566.00 |
| 2020-12-31 | -258.00 | -2,042.00 | 2,059.00 |
| 2020-09-30 | 124.50 | -1,434.50 | 966.90 |
Valuation Metrics : PE, PriceToBook, PriceToTBV
- P/Book
- The current closing price divided by the book value per share.
- P/TBV
- The current price divided by the tangible book value per share.
| Period End (TTM) | p/e | P/Book | P/TBV |
| 2025-06-30 | |||
| 2025-03-31 | |||
| 2024-12-31 | |||
| 2024-09-30 | |||
| 2024-06-30 | |||
| 2024-03-31 | |||
| 2023-12-31 | |||
| 2023-09-30 | |||
| 2023-06-30 | |||
| 2023-03-31 | |||
| 2022-12-31 | |||
| 2022-09-30 | |||
| 2022-06-30 | |||
| 2022-03-31 | |||
| 2021-12-31 | |||
| 2021-09-30 | |||
| 2021-06-30 | |||
| 2021-03-31 | |||
| 2020-12-31 | |||
| 2020-09-30 |
Valuation Metrics : EBitToEv, EBit3YrAvgToEv
| Period End (TTM) | EBIT/EV | EBIT (3y)/EV |
| 2025-06-30 | ||
| 2025-03-31 | ||
| 2024-12-31 | ||
| 2024-09-30 | ||
| 2024-06-30 | ||
| 2024-03-31 | ||
| 2023-12-31 | ||
| 2023-09-30 | ||
| 2023-06-30 | ||
| 2023-03-31 | ||
| 2022-12-31 | ||
| 2022-09-30 | ||
| 2022-06-30 | ||
| 2022-03-31 | ||
| 2021-12-31 | ||
| 2021-09-30 | ||
| 2021-06-30 | ||
| 2021-03-31 | ||
| 2020-12-31 | ||
| 2020-09-30 |
Management Effectiveness
- The roe for Cleveland-Cliffs Inc. as of June 30, 2025 is -0.34.
| Period End (TTM) | ROA | ROE | ROIC | CROIC | OCROIC |
| 2025-06-30 | -0.34 | ||||
| 2025-03-31 | -0.34 | ||||
| 2024-12-31 | -0.34 | ||||
| 2024-09-30 | -0.34 | ||||
| 2024-06-30 | -0.34 | ||||
| 2024-03-31 | -0.34 | ||||
| 2023-12-31 | -0.34 | ||||
| 2023-09-30 | -0.34 | ||||
| 2023-06-30 | -0.34 | ||||
| 2023-03-31 | -0.34 | ||||
| 2022-12-31 | -0.34 | ||||
| 2022-09-30 | -0.34 | ||||
| 2022-06-30 | -0.34 | ||||
| 2022-03-31 | -0.34 | ||||
| 2021-12-31 | -0.34 | ||||
| 2021-09-30 | -0.34 | ||||
| 2021-06-30 | -0.34 | ||||
| 2021-03-31 | -0.34 | ||||
| 2020-12-31 | -0.03 | -0.34 | -0.01 | -0.03 | -0.03 |
| 2020-09-30 | -0.04 | -0.34 | -0.02 | -0.06 | 0.02 |
Gross Margins
- The gross margin for Cleveland-Cliffs Inc. as of June 30, 2025 is 0.05.
- The net margin for Cleveland-Cliffs Inc. as of June 30, 2025 is -0.02.
- The operating margin for Cleveland-Cliffs Inc. as of June 30, 2025 is 0.00.
- Gross Margin
- The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.
- Net Margin
- The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.
- Operating Margin
- The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.
| Period End (TTM) | Gross Margin | Net Margin | Operating Margin |
| 2025-06-30 | 0.05 | -0.02 | 0.00 |
| 2025-03-31 | 0.05 | -0.02 | 0.00 |
| 2024-12-31 | 0.05 | -0.02 | 0.00 |
| 2024-09-30 | 0.05 | -0.02 | 0.00 |
| 2024-06-30 | 0.05 | -0.02 | 0.00 |
| 2024-03-31 | 0.05 | -0.02 | 0.00 |
| 2023-12-31 | 0.05 | -0.02 | 0.00 |
| 2023-09-30 | 0.05 | -0.02 | 0.00 |
| 2023-06-30 | 0.05 | -0.02 | 0.00 |
| 2023-03-31 | 0.05 | -0.02 | 0.00 |
| 2022-12-31 | 0.05 | -0.02 | 0.00 |
| 2022-09-30 | 0.05 | -0.02 | 0.00 |
| 2022-06-30 | 0.05 | -0.02 | 0.00 |
| 2022-03-31 | 0.05 | -0.02 | 0.00 |
| 2021-12-31 | 0.05 | -0.02 | 0.00 |
| 2021-09-30 | 0.05 | -0.02 | 0.00 |
| 2021-06-30 | 0.05 | -0.02 | 0.00 |
| 2021-03-31 | 0.05 | -0.02 | 0.00 |
| 2020-12-31 | 0.05 | -0.02 | 0.00 |
| 2020-09-30 | 0.05 | -0.03 | -0.00 |
Identifiers and Descriptors
| Central Index Key (CIK) | 764065 |
Industry Groups
| SIC 10 - Metal Mining |
