Cleveland-Cliffs Inc. (FRA:CVA)

Cleveland-Cliffs Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 20, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	5,156	7,292	4,485	9,327	7,768	9,573
Market Cap Growth	3.97%	62.60%	-51.92%	20.07%	-18.86%	68.46%
Enterprise Value	12,044	14,307	8,351	12,667	12,146	14,499
Last Close Price	8.70	11.39	8.76	18.66	15.31	18.27
PE Ratio	-	-	-	26.78	6.22	3.89
PS Ratio	0.33	0.46	0.24	0.47	0.36	0.53
PB Ratio	0.96	1.35	0.68	1.27	1.03	1.89
P/TBV Ratio	1.91	2.70	1.26	1.54	1.29	2.62
P/FCF Ratio	-	-	-	6.36	5.61	5.23
P/OCF Ratio	-	-	44.22	4.55	3.43	3.91
EV/Sales Ratio	0.76	0.90	0.45	0.64	0.56	0.81
EV/EBITDA Ratio	132.61	-	12.59	7.10	4.15	3.21
EV/EBIT Ratio	-	-	-	14.00	5.94	3.89
EV/FCF Ratio	-13.82	-	-	8.64	8.77	7.93
Debt / Equity Ratio	1.26	1.26	1.14	0.45	0.53	0.91
Debt / EBITDA Ratio	74.44	74.44	8.43	1.64	1.36	1.02
Debt / FCF Ratio	-	-	-	2.23	2.88	2.52
Net Debt / Equity Ratio	1.25	1.25	1.13	0.42	0.53	0.90
Net Debt / EBITDA Ratio	-62.76	-62.76	11.28	1.73	1.36	1.01
Net Debt / FCF Ratio	-7.73	-7.73	-13.13	2.11	2.87	2.50
Asset Turnover	0.91	0.91	1.00	1.21	1.22	1.14
Inventory Turnover	3.95	3.95	4.00	4.30	3.97	3.53
Quick Ratio	0.45	0.45	0.49	0.58	0.56	0.62
Current Ratio	1.95	1.95	2.06	1.89	2.09	2.15
Return on Equity (ROE)	-21.58%	-21.58%	-9.53%	5.38%	19.88%	68.45%
Return on Assets (ROA)	-3.75%	-3.75%	-0.86%	3.44%	7.24%	14.83%
Return on Invested Capital (ROIC)	-8.81%	-8.53%	-2.02%	6.31%	14.36%	34.92%
Return on Capital Employed (ROCE)	-7.40%	-7.40%	-1.50%	7.10%	14.40%	27.50%
Earnings Yield	-24.41%	-17.26%	-16.37%	3.74%	16.08%	27.45%
FCF Yield	-16.90%	-11.95%	-12.71%	15.72%	17.83%	19.11%
Buyback Yield / Dilution	-5.83%	-5.83%	6.07%	2.48%	6.09%	-47.23%
Total Shareholder Return	-5.83%	-5.83%	6.07%	2.48%	6.09%	-47.23%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.