US stock · Basic Materials sector · Steel
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Cleveland-Cliffs Inc.

CLFNYSE

13.32

USD
+0.24
(+1.83%)
Market Open
2.12P/E
5Forward P/E
0.11P/E to S&P500
6.890BMarket CAP
- -Div Yield
Upcoming Earnings
20 Oct-24 Oct
Shares Short
8/31/22
36.56M
Short % of Float
7.17%
Short % of Shares Outs.
7.07%
% Held by Insiders
1.36%
% Held by Institutions
63.41%
Beta
2.21
PEG Ratio
0.12
52w. high/low
34.04/12.90
Avg. Daily Volume
15.09M
Return %
Stock
S&P 500
1 year
(37.45)
(17.80)
3 years
80.17
23.21
5 years
82.94
45.98
Scale: |
High
Low
53.15
23.00
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
12.90
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
22.84
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
39.48
45.87
Earnings per share
3.33
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)
5.86
6.92
FCF per share
3.52
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)
- -
4.41
Dividends per share
0.31
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
1.58
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
- -
1.25
Book Value per sh.
8.86
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
11.15
11.08
Comm.Shares outs.
84
83
102
125
135
140
142
152
153
153
198
288
297
277
379
518
515
Avg. annual P/E ratio
6.3
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)
3.5
2.1
P/E to S&P500
0.4
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
0.1
Avg. annual div. yield
1.5%
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)
1,922
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
23,642
Operating margin
18.8%
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%
20.0%
Depreciation (m)
83
107
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
308
- -
1,091
Net profit (m)
280
270
516
205
1,020
1,619
(899)
414
(7,224)
(749)
174
367
1,128
293
(122)
3,033
3,609
Income tax rate
23.4%
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)%
(13.9)%
Net profit margin
14.6%
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)%
14.8%
15.4%
Working capital (m)
407
355
17
591
1,555
297
269
475
490
401
434
1,092
1,011
489
2,369
4,092
4,781
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
4,668
Equity (m)
746
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
5,774
6,729
ROIC
19.2%
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%
15.0%
19.0%
Return on capital
20.0%
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%
10.1%
13.3%
Return on equity
37.6%
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)%
52.5%
53.6%
Plowback ratio
90.8%
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%
100.0%
Div.&Repurch./FCF
49.5%
32.0%
5.5%
(454.5)%
6.5%
(31.6)%
- -
(55.5)%
- -
- -
(97.3)%
(326.4)%
50.3%
(394.9)%
- -
- -
66.9%
Capital Structure
26 Jul · 2022 | Q2
All numbers in millions
Total liabilities
$ 13,045
Total assets
$ 20,039
Long-term debt
$ 4,668
Cash and equiv.
$ 47
Goodwill
$ 1,149
Retained earnings
$ 1,396
Common stock
521
Enterprise Value
$ 11,511
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
353
112
48
Receivables
153
1,193
2,154
Inventory
317
3,828
5,188
Other
75
(76)
(42)
Current assets
898
5,298
7,653
Acc. Payable
193
1,575
2,073
Debt due
- -
- -
- -
Other
216
1,354
1,488
Current liabilities
409
2,929
3,561
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
281.85%
109.08%
41.47%
Cash flow
- -
- -
- -
Earnings
(2,586.07)%
(648.60)%
(521.06)%
Dividends
- -
- -
- -
Book value
186.12%
109.72%
32.11%
Insider Trading
Type
Shares
Date
Green Susan Miranda
Sale
300
09/12/22
Miller Janet L
Purchase
1,425
09/08/22
Goncalves Celso L Jr
Purchase
6,000
08/17/22
Goncalves Celso L Jr
Purchase
5,000
08/16/22
Fisher Robert P Jr
Award
634
07/01/22
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
- -
- -
- -
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
1.51
2.46
1.81
5.86
2022
1.54
1.14
- -
- -
- -
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. Lourenco Goncalves
Full-time employees:
27,000
City:
CLEVELAND
Address:
200 Public Sq Ste 3300
IPO:
Jul 27, 1960
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.
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