Cleveland-Cliffs Inc (CLF) Company Profile & Statistics

Cleveland-Cliffs Inc
CLF
(NYSE)
Open
11.88
-1.23 (-9.42%)
in:usd•As of: Nov 05, 2024 09:35 UTC -5
Open
12.13
High
12.13
Low
11.74

About Cleveland-Cliffs Inc

CEO

C. L. Goncalves

Headquarters

200 public square, suite 3300

cleveland, oh 44114, united states

Auditor

DELOITTE & TOUCHE LLP

Employees

26,000

Share Holders

2,526

Website

www.clevelandcliffs.com

Industry

steel

Sector

non energy minerals

Company Overview

Cleveland-Cliffs Inc. is the largest producer of iron ore pellets in North America. It is also the biggest flat-rolled steel producer in the region. The company is a major producer of iron ore pellets and it mainly sells products to integrated steel companies through this division in the United States and Canada. Cleveland-Cliffs updated its segment structure following the ArcelorMittal USA buyout and now has one reportable segment, Steelmaking. The earlier Mining and Pelletizing division is now included within Steelmaking while other remaining operating segments including Tooling and Stamping are classified as Other Businesses. The company's Steelmaking operations makes flat-rolled carbon, stainless, electrical, plate, tinplate and long steel products. It provides carbon and stainless-steel tubing products, die design and tooling, as well as hot and cold-stamped components.

Cleveland-Cliffs Inc Statistics

Valuation Measures

Market Capitalization ²	5.56B
Enterprise Value	8.95B
Enterprise Value/EBITDA (ttm)	7.11
Price to Earnings Ratio (ttm)	17.01
Price to Book (mrq)	0.84
Price to Sales (ttm)	0.30
Price to Cash (ytd)	4.08

Profitability

Gross Margin (ttm)	5.13%
Operating Margin (ttm)	1.83%
Profit Margin (ttm)	0.11%
Return on Equity (ttm)	4.94%
Return on Invested Capital (ttm)	0.72%
Return on Assets (ttm)	2.21%

Income Statement

Revenue (ttm)	21.01B
Revenue Per Share (ttm)	44.89
Gross Profit (ttm)	1.09B
EBITDA (ttm)³	1.26B
Net Income Avi to Common (ttm)	44.00M
Diluted EPS (ttm)	0.07

Share Statistics

Beta (5Y Monthly)	1.97
52-Week Change	-31.60%
S&P500 52-Week Change	30.85%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	468.04M
Dividend Yield	0.00%
Float ⁴	459.80M
% Held by Insiders	1.76%
% Held by Institutions	67.68%

Balance Sheet

Total Cash (mrq)	110.00M
Total Cash Per Share (mrq)	0.24
Total Debt (mrq)	3.51B
Total Debt/Equity (mrq)	47.57%
Current Ratio (mrq)	1.87%
Quick Ratio (mrq)	0.60%
Book Value Per Share (mrq)	15.75

Cash Flow

Operating Cash Flow Per Share (ytd)	1.39
Free Cash Flow (ytd)	322.00M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Cleveland-Cliffs Inc

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