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

CLFNYSE

20.84

USD
-0.76
(-3.52%)
Pre Market
4.40P/E
12Forward P/E
0.20P/E to S&P500
10.739BMarket CAP
- -Div Yield
Upcoming Earnings
14 Feb
Shares Short
1/13/23
42.56M
Short % of Float
8.38%
Short % of Shares Outs.
8.26%
% Held by Insiders
1.41%
% Held by Institutions
67.28%
Beta
2.17
PEG Ratio
-0.42
52w. high/low
34.04/11.83
Avg. Daily Volume
11.82M
Return %
Stock
S&P 500
1 year
15.51
(7.99)
3 years
176.92
23.80
5 years
225.79
56.27
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
22.54
16.32
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
38.52
45.21
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)
5.63
4.76
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)
- -
2.36
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
- -
1.39
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
10.34
12.41
Comm.Shares outs.
84
83
102
125
135
140
142
152
153
153
198
288
297
277
379
531
515
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
4.4
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
0.2
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)
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
23,291
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%
14.0%
Depreciation (m)
83
107
201
237
322
427
526
593
504
134
115
88
89
85
308
897
1,021
Net profit (m)
280
270
516
205
1,020
1,619
(899)
414
(7,224)
(749)
174
367
1,128
293
(122)
2,988
2,442
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%
17.1%
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)%
14.6%
10.6%
Working capital (m)
407
355
17
591
1,555
297
269
475
490
401
434
1,092
1,011
489
2,369
4,092
4,745
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
4,475
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
5,490
7,008
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%
21.6%
17.5%
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%
21.9%
17.2%
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)%
54.4%
34.8%
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)%
- -
- -
17.2%
Capital Structure
26 Oct · 2022 | Q3
All numbers in millions
Total liabilities
$ 12,420
Total assets
$ 19,688
Long-term debt
$ 4,475
Cash and equiv.
$ 56
Goodwill
$ 1,141
Retained earnings
$ 1,548
Common stock
516
Enterprise Value
$ 15,158
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
(2,549.18)%
(639.38)%
(516.96)%
Dividends
- -
- -
- -
Book value
172.05%
106.20%
30.54%
Insider Trading
Type
Shares
Date
Goncalves Lourenco
InKind
403,034
01/04/23
Goncalves Lourenco
Award
563,864
01/04/23
Fedor Terry G.
InKind
54,872
01/04/23
Fedor Terry G.
Award
81,613
01/04/23
Floriani Kimberly A
InKind
1,781
01/04/23
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
- -
- -
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
1.54
1.14
0.29
- -
- -
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.
Recent News
· 30 Oct, 2022 · The Wall Street Journal
· 4 Jan, 2022 · The Wall Street Journal