US stock · Basic Materials sector · Steel
C
Cleveland-Cliffs Inc.
CLF
NYSE16.00
USD
-0.26
(-1.60%)
Market Closed
8.24P/E
8Forward P/E
0.39P/E to S&P500
8.241BMarket CAP
- -Div Yield
Upcoming Earnings
20 Jul-24 Jul
Shares Short
5/15/23
39.57M
Short % of Float
8.74%
Short % of Shares Outs.
7.68%
% Held by Insiders
1.55%
% Held by Institutions
67.70%
Beta
2.24
PEG Ratio
-0.42
52w. high/low
22.83/11.83
Avg. Daily Volume
11.12M
Return %
Stock
S&P 500
1 year
(26.77)
(9.05)
3 years
324.89
50.26
5 years
156.99
38.50
Scale: |
High
Low
121.95
13.73
48.41
11.80
80.40
39.13
102.48
47.31
78.85
28.05
40.40
15.41
26.63
5.63
9.39
1.42
10.90
1.20
12.37
5.56
13.10
6.30
12.26
6.59
14.72
2.63
26.51
12.77
34.04
11.82
22.83
16.31
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
27.42
35.56
18.74
34.61
48.45
41.26
37.51
30.20
13.14
10.67
8.08
7.85
7.19
14.14
38.52
43.32
Earnings per share
3.25
5.08
1.64
7.54
11.55
(6.32)
2.73
(47.19)
(4.89)
0.88
1.27
3.80
1.06
(0.32)
5.63
2.52
FCF per share
1.08
6.61
0.56
7.78
10.04
(4.31)
1.87
0.49
(0.28)
1.18
0.65
0.61
(0.34)
(2.08)
- -
0.12
Dividends per share
0.32
0.37
0.26
0.51
0.85
2.16
0.84
0.94
0.60
0.30
0.18
0.15
0.42
0.11
- -
- -
CAPEX per share
2.40
1.80
0.93
1.97
6.28
7.92
5.68
1.86
0.53
0.35
0.53
1.00
2.37
1.39
- -
- -
Book Value per sh.
14.02
17.25
20.34
28.42
41.25
32.54
40.00
(9.35)
(12.93)
(7.41)
(1.54)
1.43
1.29
5.33
10.34
14.68
Comm.Shares outs.
83
102
125
135
140
142
152
153
153
198
288
297
277
379
531
531
Avg. annual P/E ratio
11.5
12.9
17.2
8.0
7.1
(8.0)
8.8
(0.3)
(0.9)
5.9
6.0
2.4
8.7
(21.2)
3.6
7.8
P/E to S&P500
0.7
0.6
0.2
0.4
0.4
(0.5)
0.5
(0.0)
(0.0)
0.3
0.3
0.1
0.4
(0.6)
0.1
0.4
Avg. annual div. yield
0.9%
0.6%
0.9%
0.8%
1.0%
4.2%
3.5%
6.1%
13.3%
5.8%
2.4%
1.7%
4.6%
1.6%
- -
- -
Revenue (m)
2,275
3,609
2,342
4,682
6,794
5,873
5,691
4,624
2,013
2,109
2,330
2,332
1,990
5,354
20,444
22,989
Operating margin
16.6%
26.0%
9.8%
27.0%
34.3%
(5.3)%
11.8%
(204.3)%
7.5%
11.4%
18.2%
28.9%
21.6%
(2.7)%
19.6%
8.4%
Depreciation (m)
107
201
237
322
427
526
593
504
134
115
88
89
85
308
897
- -
Net profit (m)
270
516
205
1,020
1,619
(899)
414
(7,224)
(749)
174
367
1,128
293
(122)
2,988
1,335
Income tax rate
22.1%
20.1%
7.2%
22.5%
18.7%
(51.0)%
11.3%
13.6%
54.1%
(5.9)%
(195.1)%
(84.2)%
5.6%
57.5%
20.3%
23.6%
Net profit margin
11.9%
14.3%
8.8%
21.8%
23.8%
(15.3)%
7.3%
(156.2)%
(37.2)%
8.3%
15.7%
48.4%
14.7%
(2.3)%
14.6%
5.8%
Working capital (m)
355
17
591
1,555
297
269
475
490
401
434
1,092
1,011
489
2,369
4,092
3,873
Long-term debt (m)
440
525
649
1,898
3,609
3,961
3,023
2,962
2,699
2,175
2,304
2,093
2,114
5,390
5,238
4,249
Equity (m)
1,164
1,751
2,543
3,846
5,785
4,633
6,070
(1,431)
(1,981)
(1,464)
(444)
424
358
2,018
5,490
7,791
ROIC
10.8%
17.1%
6.0%
15.8%
15.5%
(6.1)%
5.1%
(287.4)%
(11.7)%
27.4%
29.1%
46.4%
12.6%
0.0%
21.6%
10.4%
Return on capital
12.0%
17.0%
5.7%
17.7%
17.0%
(3.6)%
5.3%
(240.6)%
(17.9)%
20.2%
8.4%
21.9%
11.7%
0.0%
21.9%
11.0%
Return on equity
23.2%
29.5%
8.1%
26.5%
28.0%
(19.4)%
6.8%
504.7%
37.8%
(11.9)%
(82.6)%
265.9%
81.8%
(6.0)%
54.4%
17.1%
Plowback ratio
90.2%
92.8%
84.4%
93.2%
92.7%
134.2%
69.1%
102.0%
112.3%
65.6%
85.6%
96.1%
60.3%
133.6%
100.0%
- -
Div.&Repurch./FCF
32.0%
5.5%
(454.5)%
6.5%
(31.6)%
- -
(55.5)%
- -
- -
(97.3)%
(326.4)%
50.3%
(394.9)%
- -
- -
- -
Capital Structure
14 Feb · 2023 | Q4
All numbers in millions
Total liabilities
$ 10,713
Total assets
$ 18,755
Long-term debt
$ 4,249
Cash and equiv.
$ 26
Goodwill
$ 1,130
Retained earnings
$ 1,334
Common stock
531
Enterprise Value
$ 12,464
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
112
48
26
Receivables
1,193
2,154
1,960
Inventory
3,828
5,188
5,130
Other
165
199
220
Current assets
5,298
7,653
7,422
Acc. Payable
1,575
2,073
2,186
Debt due
- -
- -
- -
Other
1,354
1,488
1,363
Current liabilities
2,929
3,561
3,549
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
12.45%
112.17%
43.20%
Cash flow
- -
- -
- -
Earnings
(55.32)%
(705.05)%
(506.89)%
Dividends
- -
- -
- -
Book value
41.91%
165.54%
31.76%
Insider Trading
Type
Shares
Date
Taylor Douglas C
Sale
42,000
03/07/23
Green Susan Miranda
Sale
8,700
03/03/23
Smith Clifford T
Award
69,820
02/21/23
Goncalves Lourenco
Award
229,320
02/21/23
Graham James D
Award
49,202
02/21/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
359
1,093
1,646
2,256
5,354
2021
4,049
5,045
6,004
5,346
20,444
2022
5,955
6,337
5,653
5,044
22,989
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
(0.14)
(0.33)
(0.03)
0.17
(0.32)
2021
0.08
1.47
2.40
1.68
5.63
2022
1.51
1.12
0.29
(0.40)
2.52
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.04
0.06
- -
- -
0.11
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
Company Description
Sector:
Basic Materials
Industry:
Steel
CEO:
Mr. C. Lourenco Goncalves
Full-time employees:
27,000
City:
Cleveland
Address:
200 Public Square
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.
Recent News
· 30 Oct, 2022 · The Wall Street Journal
· 11 Feb, 2022 · The Wall Street Journal
· 4 Jan, 2022 · The Wall Street Journal